Category: Media

Saving Your Money

Saving Your Money By CBSI Media Article No. : 12/2017 Welcome back to another feature length article from the Central Bank of Solomon Islands (CBSI). In this feature we now move onto the topic of SAVINGS and answer how best we...

What you need to know about the SME Guarantee Scheme

What you need to know about the SME Guarantee Scheme By CBSI Media Article No. : 11/2019 A lot of people have asked questions and are keen to understand what the SME Credit Guarantee Scheme is all about. Before jumping in to any...

Retirement savings using airtime credit

Retirement savings using airtime credit Honiara, Solomon Islands – As of today (Saturday), youSave members can make deposits into their accounts with Solomon Island National Provident Fund (SINPF) through their mobile...

CBSI’s POSITION ON CRYPTOCURRENCIES

CBSI’s POSITION ON CRYPTO-CURRENCIES The Central Bank of Solomon Islands (CBSI) wishes to warn the general public that cryptocurrencies (i.e. virtual or digital currencies such as bitcoin, etherium, ripple, and others) are not...

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve

Let’s hear from the experts – USA & China Trade War and its Impact to our Foreign Reserve Op-Ed by Natasha Eddie, Ali Homelo, Charlie Kuper Article No. : 10/2019 The past two Sunday’s we looked at what Foreign Reserves...

Key Statistics

Inflation
(February, 2024)	4.8%
GDP 2022 Actual (Source: SINSO)	Constant Price: 2012
Real GDP	SBD$ 10,894.6m
Nominal GDP	SBD$ 12,774.5m
Real GDP Growth	2.4%
Foreign Reserves
(April 24, 2024)	SBD $5,677m
Interest Rates (December, 2023)
Deposit Rate	0.38%
Lending Rate	8.74%
Money Supply
(April 24, 2024)	SBD $5,915m