Category: Press Releases

CBSI Launched the Regulatory Sandbox Framework

CBSI Launched the regulatory sandbox framework Left to right: Linda Folia – Manager...

PRess Release 05.22 – CBSI Monetary Policy Stance – March 2022

CBSI Monetary Policy Stance – March 2022 Based on recent assessments of economic conditions...

Press Release 04.22 – CBSI and TCSI signs MOU

PRess Release 04.22 – CBSI & TCSI signs MOU SIGNING OF MoU BETWEEN THE CENTRAL BANK OF...

Macroeconomic Update for the SI economy

Microeconomic update for the Solomon Islands Economy The Central Bank of Solomon Islands (CBSI) provides the following macroeconomic update. Domestic economic activities remained broadly weak across all sectors since the...

Press Release: Regulatory Policy Response to COVID-19

Regulatory Policy Response to COVID-19 The Central Bank of Solomon Islands (CBSI) wishes to inform the general public that it has waived the following regulatory policy for financial institutions. CBSI has waived the...

Key Statistics

Inflation
(March, 2022)	-0.6%
GDP (2017) 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
(May 11, 2022)	SBD $5,490m
Interest Rates (March, 2022)
Deposit Rate	0.48%
Lending Rate	10.05%
Money Supply
(May 11, 2022)	SBD $5,519m