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Press Release No.23.2026 - Strongim Wantok: CBSI Governor Says Wansolwara Collaboration Will Deliver Real Benefits for Melanesian Communities

The Governor of the Central Bank of Solomon Islands (CBSI), Dr. Luke Forau has reaffirmed the Bank's strong commitment to the Wansolwara Collaboration, describing the initiative as a practical expression of Melanesian partnership that will strengthen cooperation among central banks and contribute to better economic outcomes for citizens across the region.

Published September 9, 2026
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Participants from the Central Bank of Solomon Islands (CBSI), Reserve Bank of Vanuatu (RBV) and Bank of Papua New Guinea (BPNG) who attended the 2026 Central Bank Wansolwara Exchange Programme in Port Moresby this week.  - Images Supplied by BPNG

PORT MORESEBY, PAPUA NEW GUINEA – 8 SEPTEMBER 2026— The Governor of the Central Bank of Solomon Islands (CBSI), Dr. Luke Forau has reaffirmed the Bank's strong commitment to the Wansolwara Collaboration, describing the initiative as a practical expression of Melanesian partnership that will strengthen cooperation among central banks and contribute to better economic outcomes for citizens across the region.

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Press Release No.22.2026 - CBSI Governor Appointed Vice Chair of Regional Financial Inclusion Initiative

The Governor of the Central Bank of Solomon Islands (CBSI) has been formally appointed as Vice Chair of the Pacific Islands Regional Initiative (PIRI), following the leadership rotation endorsed at the 15th PIRI Leaders' Roundtable held in Port Moresby, Papua New Guinea.

Published September 3, 2026
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CBSI Governor Dr. Luke Foarau (Center)

The Governor of the Central Bank of Solomon Islands (CBSI) has been formally appointed as Vice Chair of the Pacific Islands Regional Initiative (PIRI), following the leadership rotation endorsed at the 15th PIRI Leaders' Roundtable held in Port Moresby, Papua New Guinea. 

The appointment reflects the growing role of CBSI in advancing financial inclusion and digital finance initiatives across the Pacific region and reinforces Solomon Islands' commitment to regional collaboration and policy leadership. 

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Press Release No.21.26 - CBSI Governor Dr. Luke Forau Launches AFI WG-CONNECT to Strengthen Global Financial Inclusion Leadership and Collaboration

Governor of the Central Bank of Solomon Islands (CBSI), Dr. Luke Forau officially launched WG-CONNECT, a new Alliance for Financial Inclusion (AFI) Working Group Alumni Programme aimed at strengthening collaboration, preserving policy expertise, and maintaining engagement among former AFI Working Group members worldwide

Published September 3, 2026
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CBSI Governor Dr. Luke Forau

Governor of the Central Bank of Solomon Islands (CBSI), Dr. Luke Forau officially launched WG-CONNECT, a new Alliance for Financial Inclusion (AFI) Working Group Alumni Programme aimed at strengthening collaboration, preserving policy expertise, and maintaining engagement among former AFI Working Group members worldwide. 

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Press Release No.20.2026 - Monetary policy Stance: CBSI Maintains Policy Rate at 1.5%

At its meeting on 28th August 2026, the Board of the Central Bank of Solomon Islands (CBSI) decided to maintain the policy rate at 1.5% for the next six months. The decision reflects the Board’s assessment that the current inflation outlook is driven predominantly by supply-side and external factors rather than by excess domestic demand and that a stable exchange rate and subdued domestic demand are expected to cushion, to some extent, the pass-through of external pressures on domestic prices.

Published September 1, 2026
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CBSI Governor Dr. Luke Forau

At its meeting on 28th August 2026, the Board of the Central Bank of Solomon Islands (CBSI) decided to maintain the policy rate at 1.5% for the next six months. The decision reflects the Board’s assessment that the current inflation outlook is driven predominantly by supply-side and external factors rather than by excess domestic demand and that a stable exchange rate and subdued domestic demand are expected to cushion, to some extent, the pass-through of external pressures on domestic prices.

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Deputy Governors Remarks at the Relaunch of the SME Credit Guarantee Scheme

Published August 27, 2026
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Deputy Governor of CBSI Raynold Moveni (right) Hon. Minister MCILI/ Hon. Minister MOFT - Harry Kuma (left)

Salutation

  • Hon. Minister MCILI / Hon. Minister MOFT
  • PS MCILI, PS MOFT
  • Directors MCILI & MOFT
  • Heads of Financial Institutions

On behalf of the Central Bank of Solomon Islands, I congratulate the Minister, the government and all stakeholders on the re-launch of the Small and Medium Enterprises Credit Guarantee Scheme. 

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Press Release No.19.2026 - Government and CBSI Relaunch SME Credit Guarantee Scheme to Strengthen Support on Local Businesses

The Solomon Islands Government today officially reopened the Small and Medium Enterprises Credit Guarantee Scheme (SMECGS), marking a renewed commitment to improving access to finance for micro-small and medium enterprises (MSMEs) across the country. The reopening ceremony was held at the Ministry of Commerce Industry Labour and Immigration (MCILI) Conference Room in Honiara and attended by government officials’ financial institutions and development partners.

Published August 27, 2026
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Representative from the Government, Financial Institution and development partners who attended the relaunching ceremony

HONIARA, 27th August 2026— The Solomon Islands Government today officially reopened the Small and Medium Enterprises Credit Guarantee Scheme (SMECGS), marking a renewed commitment to improving access to finance for micro small and medium enterprises (MSMEs) across the country. The reopening ceremony was held at the Ministry of Commerce Industry Labour and Immigration (MCILI) Conference Room in Honiara and attended by government officials’ financial institutions and development partners.

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Governor's Remarks Launch of SOLATS Instant Funds Transfer (IFT)

Published August 24, 2026
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CBSI Deputy Governor Raynold Moveni

Representatives from our banking sector
Our key stakeholders
CBSI Board of Directors, Management and Staff, Media
Ladies and gentlemen,

Good morning, everyone.

Today is an important day for the Central Bank, our commercial banks, 
and most importantly, the people of Solomon Islands.

We are officially introducing the Instant Funds Transfer, or IFT, service 
through SOLATS – the Solomon Islands Automated Transfer System.

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Press Release No.18.2026 - CENTRAL BANK OF SOLOMON ISLANDS :LAUNCH INSTANT FUNDS TRANSFER (IFT) SERVICE

The Central Bank of Solomon Islands (CBSI) today officially launched the Instant Funds Transfer (IFT) service, a new feature of the Solomon Islands Automated Transfer System (SOLATS) that will allow customers to send money between participating banks faster than ever before. Speaking at the launch, the Deputy Governor, Raynold Moveni, said the introduction of IFT marks an important step forward for the country's payment system and for ordinary Solomon Islanders.

Published August 24, 2026
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CBSI Deputy Governor Raynold Moveni standing third from right with commercial banks' heads.

Honiara, Solomon Islands —The Central Bank of Solomon Islands (CBSI) today 
officially launched the Instant Funds Transfer (IFT) service, a new feature of the 
Solomon Islands Automated Transfer System (SOLATS) that will allow customers to 
send money between participating banks faster than ever before.
Speaking at the launch, the Deputy Governor, Raynold Moveni, said the introduction of 
IFT marks an important step forward for the country's payment system and for ordinary 
Solomon Islanders.

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Launch of the 2025 CBSI Annual Report

The Launch of the 2025 CBSI Annual Report on Thursday 30th April, 2026 at the Heritage Park Hotel

By CBSI Governor, Dr Luke Forau Test Published July 9, 2026
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2025 CBSI Annual Report

Statement By CBSI Governor, Dr Luke Forau, at the Launch of the 2025 CBSI
Annual Report, on Thursday 30th April, 2026 at the Heritage Park Hotel

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Press Release No.17.2026 - THE CENTRAL BANK OF SOLOMON ISLANDS AND AUSTRALIA PARTNER TO SUPPORT OPEN PAYMENTS THROUGH UNIFIED QR PROJECT

The Central Bank of Solomon Islands (CBSI), in partnership with the Australian Government, has formally announced the commencement of the development of the Unified QR Code Standard Project, following the successful endorsement of Phase 2 of the initiative. The Project’s core objective is to establish a single, nationally recognised QR code standard that enables consumers and businesses to seamlessly make and receive payments using a standardised QR code, improving user experience for merchants and customers

Published June 30, 2026
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Australia’s Deputy High Commissioner Andrew Schloeffel and CBSI Governor Dr. Luke Forau gather with senior representatives of government, financial institutions and other stakeholders to announce Phase 2 of the QR Code Project

The Central Bank of Solomon Islands (CBSI), in partnership with the Australian Government, has formally announced the commencement of the development of the Unified QR Code Standard Project, following the successful endorsement of Phase 2 of the initiative. The Project’s core objective is to establish a single, nationally recognised QR code standard that enables consumers and businesses to seamlessly make and receive payments using a standardised QR code, improving user experience for merchants and customers.