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.

> visit Monetary Policy

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
(November, 2022)	9.6%
GDP (2020) Actual (source: SINSO)	Constant 2012 prices
Real GDP	SBD$ 10,373.1m
Nominal GDP	SBD$ 12,617.0m
Real GDP Growth	-3.4%
Foreign Reserves
(January 18, 2023)	SBD $5,467m
Interest Rates (March, 2022)
Deposit Rate	0.48%
Lending Rate	10.05%
Money Supply
(January 18, 2023)	SBD $5,748m

Monetary Statistics - January 18, 2023

LATEST NEWS

Vacancy NO.2/23 – Banking & Reconciliation Officer

Jan 27, 2023 | Announcements, Vacancy

Banking & Reconciliation Officer Vacancy No.: 02/2023 Department: Currency Banking and Payments (CBPD) Work unit: Banking Unit Work type: Full time Level: 16 Reports to: Supervisor Banking Unit Base Salary Range: SBD$111,554.27 - SBD$130,955.02...

Monthly Economic Bulletin: December 2022

Jan 25, 2023 | Monthly Economic Bulletins, Publication

Monthly Economic Bulletin - December 2022 The Monthly Economic Bulletin for December 2022, prepared by the Economics, Research and Statistics department is now available.

Vacancy 01/23 – Assistant Internal Auditor

Jan 13, 2023 | Publication

Assistant Internal Auditor Vacancy No.: 01/2023 Department: Governors Office Work unit: Internal Audit Unit Work type: Full time Reports to: Manager, Internal Audit Level: 16 Base Salary Range: SBD$108,833.44 - SBD $127,760.99 The Central...

Monthly Economic Bulletin – November 2022

Dec 28, 2022 | Publication

Monthly Economic Bulletin - November 2022 The Monthly Economic Bulletin for November 2022 is now available.

Vacancy No.03/22 – Manager Legal

Dec 20, 2022 | Publication, Vacancy

Manager Legal Vacancy No.: 03/2022 Department: Risk Management & Corporate Communications Department Work unit: Legal Unit Responsible for: Legal Unit Reports to: Chief Manager RMCCD/Secretary to Board The Central Bank of Solomon Islands is...

Quaterly report: September 2022

Dec 19, 2022 | Publication

Quarterly Review: September 2022 The Quarterly Review is prepared by the Economics Research and Statistics Department of the Central Bank of Solomon Islands and published four times a year.

Joint Press Release 21:2022 – CBSI Automated Transfer System (ATS) Implementation training underway

Dec 14, 2022 | Media, Press Releases

CBSI automated transfer system (ATS) Implementation Training underway CBSI successfully completed a one-week training session on the ATS solution for its stakeholders (Administration and Operation teams) from the 14th to 18th of November 2022 at the CBSI premises....

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