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
(May, 2024)	3.6%
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
(August 14, 2024)	SBD $5,637m
Interest Rates (June, 2024)
Deposit Rate	0.46%
Lending Rate	8.23%
Money Supply
(August 14, 2024)	SBD $5,875m

Monetary Statistics - August 14, 2024

LATEST NEWS

Monetary Policy Stance for September 2024

Aug 30, 2024 | Media, Press Releases

Press Release : 09/2024 - Monetary Policy Stance for September 2024 At its monetary policy meeting held on 29th August 2024, the Board of the Central Bank of Solomon Islands (CBSI) has adopted an accommodative monetary policy stance for the next six...

Vacancy No.4/24: Research Analyst – Research Unit

Aug 23, 2024 | Publication, Vacancy

Vacancy No. 4/24: Research Analyst - Research UnitVacancy No.: 04/2024 Department: Economics, Research and Statistics Department (ERSD) Work unit: Monetary Policy and Reseach Division (MPRD) Work type: Full time Reports to: Manager, Monetary Policy and...

Vacancy No.3/24 : Research Analyst – Monetary Policy Unit

Aug 23, 2024 | Publication, Vacancy

Vacancy No. 3/24: Research Analyst- Monetary Policy UnitVacancy No.: 03/2024 Department: Economics, Research and Statistics Department (ERSD) Work unit: Monetary Policy and Reseach Division (MPRD) Work type: Full time Reports to: Manager, Monetary...

Monthly Economic Bulletin – June 2024

Jul 22, 2024 | Monthly Economic Bulletins

Monthly Economic Bulletin - June 2024 The Monthly Economic Bulletin for June 2024 is now available. Download the complete document below.

Public Notice 03.24 – Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon Islands

Jul 22, 2024 | Announcements, Media

Public Notice 03.2024 - Attention: Mandatory Licensing Requirement for Foreign Exchange Businesses in Solomon IslandsThe Central Bank of Solomon Islands (CBSI) is aware of unlicensed dealers in relation to Foreign Currency Exchanges. Pursuant to section 3 of the...

EXCHANGE CONTROL NOTICE 02/2024

Jul 3, 2024 | Announcements, Media

EXCHANGE CONTROL NOTICE 02/2024 : EXCHANGE CONTROL NOTICE TO ALL EXPORTERS. Pursuant to the powers conferred upon the Central Bank of Solomon Islands (CBSI) under Section 3 of the Exchange Control Act, 1976, and Section 13 and 21 of the Exchange Control Regulations,...

Central Bank of Solomon Islands and Australia’s Griffith University to Host 4th Annual Pacific Research Conference and Leaders’ Forum in Honiara

Jun 24, 2024 | Media, Press Releases

Press Release : 08/2024 - Central Bank of Solomon Islands and Australia’s Griffith University to Host 4th Annual Pacific Research Conference and Leaders’ Forum in Honiara The Central Bank of Solomon Islands (CBSI) and Australia’s Griffith University are co-hosting...

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