The total Bokolo bills stock floated by the Central Bank of Solomon Islands in January this year remained unchanged at $710 million. CBSI’s January report explains, of the amount, $620 million was absorbed. It further reports this is an increase of $10 million from December 2014.
The Central Bank of Solomon Islands has recorded a $3 million deficit on traded goods for the month of January this year. In its January monthly report, CBSI says the balance of trade in goods recorded a provisional $3 million deficit in January 2015, a significant downturn from a surplus of $52…
Bank South Pacific is looking forward to becoming the largest investor in Solomon Islands, said Chief Executive Officer Robin Fleming. Mr. Fleming made the comments during his recent BSP familiarization trip to the Solomon Islands, in which he also met with Prime Minister, Manasseh Sogavare.
Solomon Islands is the second Pacific country to carry out its financial inclusion survey following on from Fiji in November last year. The Central Bank of Solomon Islands launched the initiative recently.
The Bank South Pacific has assured Westpac Bank staff in the Solomon Islands that their working terms and conditions will not be affected by the recent announcement that BSP has purchased Westpac operations in five Pacific Island countries including Solomon Islands.
Communities of Santa Ana and Santa Catalina in East Makira are now able to access Bank South Pacific, BSP, basic banking services in their villages. These basic services include withdrawals, deposits and opening of personal account through the newly established branchless banking agency at Waikaru…
The Pan-Oceanic Bank Chairman, Mr Upali de Silva said his company is optimistic about achieving progress based on the overall economic growth projected by the Democratic Coalition for Change Government.
The Central Bank of Solomon Islands (CBSI) in partnership with the Pacific Financial Inclusion Program (PFIP) has begun a 10 weeks Financial Inclusion National Demand-Side Survey.
The Central Bank has announced it is commencing a 10-week survey to gain a better understanding of people’s needs with regard to financial services and products.
A World Bank grant of US$3.9 million will be used by the Pacific Islands Forum Fisheries Agency (FFA) to support up to an additional US$36 million in grants primarily for national activities in offshore and coastal fisheries management and development in four Pacific Island countries.
Four unmasked men armed with bush knives stormed Westpac’s main branch and robbed almost $4 million in broad daylight this morning. The Police Commissioner Frank Prendergast says the culprits walked into the bank, robbed two money boxes containing approximately $4 million and chopped off the left…
The Solomon Islands Chamber of Commerce and Industry (SICCI) and Westpac Bank today present business awards to the winners of the Business support grant. Launched on December last year, the joint business support grant has attracted a good number of business developers in the country.
Upgrades on a number of wharves across the country have been successfully completed. These include Ringgi wharf on Kolombangara Island, Keru, Ngasini wharf in Vungunu and Susubona and Tataba wharves on Isabel province.
The Central Bank of Solomon Islands (CBSI) has confiscated the first ever counterfeit copy of the newly introduced 50 dollar banknote recently launched on September last year.
Westpac Bank has announced its historic mobile banking services across Telecommunication Networks in the country. Westpac Solomon Islands General Manager Elliott Griffin announced the milestone this week in the presence of key stakeholders.
A high level team of stakeholders has visited schools in North Guadalcanal Constituency. The team comprises representatives from Asian Development Bank (ADB) and Guadalcanal Education Office. SIBC’s North Guadalcanal stringer, Dudley Gani reports.
Solomon Islands Chamber of Commerce (SICCI) and Westpac Bank are offering the opportunity for entrepreneurial minds to win three grants of $5,000 each in the Service Innovation, Technological Innovation or Good Governance categories.
Bank South Pacific has launched its Annual Go Green Clean Up Day nation-wide today, under the theme “Our Green City”. Launched at the St Nicholas College this morning – the Annual event saw thousands of school students, youth groups and BSP staff take part in rubbish collection along streets,…
Bank South Pacific is launching its Annual Go Green Clean Up Day nation-wide this weekend under the theme “Our Green City”. A press statement from the Bank yesterday says, the Clean Up Day will be launched across the Solomon Islands through all its retail bank branches in the Provinces.
ANZ Bank has launched its first Money Minded Impact Report in the Solomon Islands. The report’s launching follows that of bank’s financial literacy program in 2011.