Welcome to the Central Bank of Solomon Islands

CBSI is the premier financial institution in the country and is at the center of the banking and financial system, performing a number of essential functions, including the formulation and implementation of the country’s monetary policies.

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Maintaining Price Stability

Our Primary Objective is to maintain price stability, Price stability is essential for sustainable economic growth and it represents one of the key outcomes that monetary policy aims to achieve.

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Maintaining a Stable Financial System.

An additional objective of the Central Bank of Solomon Islands, is to foster and to maintain a stable financial system.

> visit Financial Stability

National Financial Inclusion Strategy 3

The Central Bank of Solomon Islands (CBSI) and the Ministry of Communications & Aviation (MCA) have successfully launched the National Financial Inclusion Strategy 3 (NFIS 3) 2021-2025.

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KEY INDICATORS

Inflation
(July, 2021)	-0.7%
GDP (2017) Actual (source: SINSO)	Constant 2012 prices
Real GDP	SBD$ 10,547m
Nominal GDP	SBD$ 11,703m
Real GDP Growth	5.3%
Foreign Reserves
(September 15, 2021)	SBD $5,814m
Interest Rates (March, 2021)
Deposit Rate	0.53%
Lending Rate	10.44%
Money Supply
(September 15, 2021)	SBD $5,689m

Monetary Statistics - September 15, 2021

LATEST NEWS

Monthly Economic Bulletin – August 2021

Sep 21, 2021 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin -August 2021 The Monthly Economic bulletin for August 2021 is now available online.

Quarterly Report – June 2021

Sep 20, 2021 | Publication, Quarterly Reviews

Quarterly Report - June 2021 The Quarterly Report for June 2021 is now available. The report is prepared by the Economic Research and Statistics Department.

Vacancy: Assistant Internal Auditor

Sep 17, 2021 | Media, Vacancy

Assistant Internal Auditor The Central Bank of Solomon Islands is seeking to recruit a suitable and qualified person for the position of Assistant Internal Auditor within the Internal Auditors Unit, Governor's Department. Vacancy No.: 02/2021 Department: ...

Beware of Online Scams

Sep 16, 2021 | Media, Press Releases

BEWARE OF ONLINE SCAMS The Central bank of Solomon Islands wishes to inform all stakeholders, organizations, other institutions, public and private sectors and the general public of a scam activity detected that has recently been conducted online in the last two...

Governor’s Remarks at the Virtual Signing of the Grant Agreement between the US Government through USTDA and the Central Bank of Solomon Islands (CBSI), on 9th September 2021

Sep 10, 2021 | Media, Speeches

Governor's Remarks at the Virtual Signing of the Grant Agreement between the US Government through USTDA and the Central Bank of Solomon Islands (CBSI), Dr Luke Forau Governor Central Bank of Solomon Islands Remarks at the Virtual Signing of the Grant Agreement...

USTDA Supports Banking Modernization in Solomon Islands

Sep 10, 2021 | Press Releases

USTDA Supports Banking Modernization in Solomon Islands Arlington, VA – Today, the U.S. Trade and Development Agency awarded a grant to the Central Bank of Solomon Islands (CBSI) for technical assistance to modernize the country’s banking infrastructure....

Exchange control Notice 04: EXPORT OF BECHE-DE-MER (BDM) PRODUCT/COMMODITY UNDER EXCHANGE CONTROL ‘SPECIFIC AUTHORITY’

Sep 6, 2021 | Announcements, Media

Exchange Control Notice 04/2021 Following the Ministry of Fisheries and Marine Resources (MFMR) Press Statement on 01st Sept 2021, the Comptroller of Foreign Exchange at the Central Bank of Solomon Islands (CBSI) pursuant to regulation 13 of the Exchange Control...

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