The National Provident Fund, NPF board, is seriously evaluating the possibility of opening an investment bank for its members. Talking to members of the media on future investments, NPF Board Chairman Baoro Laxton Koraua says his board has been carrying out feasibility studies on this for nearly…
The first ever financial inclusion expo is all set to take place in the capital at the end of this week. A statement from the Central Bank says the event has generated a lot of interest, and a number of financial institutions, organizations and government agencies.
The Asian Development Bank, ADB, this morning signed the Solomon Islands grant and loan agreements to assist the Government boost energy access and renewable energy.
Preparations for the first ever Financial Inclusion Expo for this year is almost 90 percent complete, confirms the Manager of the National Financial Inclusion Unit at the Central bank of Solomon Islands.
Preparations towards the much awaited Financial Inclusion Expo next week is well underway and all the major financial institutions in the country have now confirmed their participation.
Central Bank of Solomon Islands Governor, Denton Rarawa has said the country seems to have a serious procrastination attitude, especially in pushing the economy forward.
The Central Bank of Solomon Islands, CBSI, has recorded a Net Operating Loss of 1-hundred and 56 million dollars in 2013. Presenting the bank’s 2013 financial performance in Honiara this week, Bank Governor Denton Rarawa said last year has been a difficult financial year for CBSI.
The Solomon Islands economy is expected to grow by only zero-point-nine percent this year, compared to last year’s growth of three-point-two percent. Chief Manager of Economic Research and Statistics at the Central Bank, Michael Kikiolo announced the growth rate yesterday, during the launch of the…
Central Bank of Solomon Islands Governor, Denton Rarawa says there is a growing divide between Honiara and the provinces that is becoming an increasing concern.
Bank South Pacific has successfully commissioned its first community project initiative at the Don Bosco Institution in Henderson, North Guadalcanal. The Bank’s project, a 3-thousand liter water tank, was delivered to the Institution last month.
The Central Bank Governor says Solomon Islands seems to be in a dilemma in terms of how to expand and grow the country’s economy. Speaking at the official launch of the Central Bank’s 2013 Annual Report in Honiara today, Mr Rarawa says the country seems to move so slow in getting things done.
The National Financial Inclusion Task Force has approved the holding of a Financial Inclusion Exposition. A statement from the Central Bank of Solomon Islands said the expo will be held at the National Art gallery at the end of this month on June 20 and 21. The expo is open to the general public and
Westpac Bank has announced another six education grants, worth over 20-thousand dollars, for women and girls in Solomon Islands. The Bank announced the fifth round of the Westpac Women’s Education Grants program in a statement today.
The Central Bank of Solomon Islands, CBSI, has granted a ‘full banking license’ to Pan Oceanic Bank Limited, POBL, making it the first locally incorporated bank to be given the green light to operate in the country. The decision was made at the CBSI Board of Directors meeting last Thursday.
Bank South Pacific, BSP has donated 2-hundred-thousand Solomon dollars towards relief efforts for Honiara and parts of Guadalcanal province affected by the recent floods.
The Asian Development Bank has announced it is providing 200-thousand dollars to the Solomon Islands government to help fund humanitarian and relief efforts following the recent flash floods.
The Country’s 2014 economic growth is expected to pick up slightly to 3 percent. A statement from the Asian Development Bank, ADB, 2014 Asian Development Outlook report has confirmed.
Pressure group the Malaita Ma’asina Forum has described the Central Bank’s reply on the investment of 31 gold bars in Hong Kong as “holding no water”. Local media reports the Central Bank has invested 31 pieces of gold bars in Hong Kong to be closure to buyers. In defence of its decision to keep the
The Central Bank of Solomon Islands has disassociates itself from granting any interim license to the Pacific Alliance Bank Limited, PAB, to conduct business in Solomon Islands. This came in light of media reports that CBSI has granted an interim license to the bank to do business in the country.
The World Bank’s Board of Executive Directors have approved US13 million in additional financing to Solomon Islands for the Sustainable Energy Project, S-I-S-E-P.
