Category: Press Releases

Press Release: Financial Stability Report for the First Half of 2024 Highlights Resilience Amid Global and Domestic Challenges

Press Release 10/24: CBSI Financial Stability Report for the first half of 2024 highlights...

Monetary Policy Stance for September 2024

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...

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

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...

Press Release 07/2024 – CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023

Press Release : 07/2024 – CBSI: Financial System Demonstrates Resilience Amid Global Challenges in Second Half of 2023 The Central Bank of Solomon Islands (CBSI) is pleased to release the Financial Stability Report for...

Press Release 06/24 – Solomon Islands’ New Payment System to improve efficiency in payment and Increase Access to Banking, Support EconomyPress Release 06/24 –

Solomon Islands New Payment System to Improve efficiency and increase access to Banking, Support...

Key Statistics

Inflation
(September, 2024)	4.0%
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
(October 2, 2024)	SBD $5,585m
Interest Rates (June, 2024)
Deposit Rate	0.46%
Lending Rate	8.23%
Money Supply
(October 23, 2024)	SBD $5,937m