Solomon Islands
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CBSI Closely Monitoring Inflation Risk Amid Escalating Middle-East Conflict

The Central Bank of Solomon Islands (CBSI) is closely monitoring recent developments in the Middle East, where military strikes by US and Israel on Iran on 28th February have triggered a sharp rise in global oil prices.

8 Mar 2026

Banking
CBSI Statement on new Cash Handling Fee and Other Fees imposed by BSP
The Central Bank of Solomon Islands (CBSI) wishes to inform the general public that it has taken regulatory steps following the introduction of new handling fees and other fees by the Bank of South Pacific Financial Group Limited, Solomon Islands Branch (BSPFGLSI).
10 Jul 2025
Central Bank of Solomon Islands to Launch a new 1-dollar coin featuring King Charles III effigy in 2025
The Central Bank of Solomon Islands (CBSI) is pleased to announce the upcoming release of a new circulating 1 dollar coin featuring the effigy of His Majesty King Charles III.
11 Dec 2024
Government
Payment System Bill seeks to empower CBSI’s oversight and operational role
The Payments System Bill currently debated in Parliament this week is seeking to empower the Central Bank of Solomon Islands (CBSI) to perform an operational role by providing facilities to payment and securities settlement systems to operators and their participants.
26 Jul 2022
Honiara City
Beware of fake notes: CBSI
Each year the Central Bank of Solomon Islands (CBSI) continues to receive alarming reports and incidences of individuals tendering Counterfeit currency (or false money) to unsuspecting businesses, which eventually end up at the Commercial Banks.
10 Jan 2022
Finance
CBSI warning on scams during this festive season
The Central Bank of Solomon Islands (CBSI) is again warning the general public to be careful over personal finances, or your cash money from shady schemers and scammers going around this festive season.
22 Dec 2021
Breaking News
There is no shortage in currency banknotes: CBSI
The Central Bank of Solomon Islands (CBSI) clarifies that there is sufficient cash secured in the CBSI vaults and currency stocks. The sufficient cash are being managed to meet business, public and individual demands for trade of goods and services.
9 Nov 2021
Breaking News
National Financial Inclusion Strategy 3 launched
The National government and the Central Bank of Solomon Islands have launched the National Financial Inclusion Strategy 3 this morning. The launching is in parallel with the announcement of the Inclusive Digital Economy Scorecards (IDES).
23 Apr 2021
Breaking News
𝐂𝐁𝐒𝐈 warned of 𝐂𝐨𝐮𝐧𝐭𝐞𝐫𝐟𝐞𝐢𝐭 𝐍𝐨𝐭𝐞𝐬
The Central Bank of Solomon Islands has warned the public and communities of the currently circulating counterfeit notes. A statement from CBSI said it has received reports of counterfeit $100 notes with Serial No: A/10 297315 seized by a business firm operating in Honiara.
18 Feb 2021
Aid
$1.2 million PRC funds still at the Central Bank
The $1.2 million fund from the People’s Republic of China (PRC) is currently at the Central bank of Solomon Islands. Prime Minister Manasseh Sogavare made the clarification following media reports that the funds has been used for the Stimulus package. Mr.
11 Jan 2021
Breaking News
Gov’t needs to be serious about ESP’s sustainability
“If the funds ran out how are they going to keep running.”
4 Jan 2021
Breaking News
CBSI and IFC signs credit reporting agreement
The Central Bank of Solomon Islands (CBSI) has signed an agreement with the International Finance Corporation (IFC), to improve credit reporting in the country. This agreement will ensure an improvement in access to finance for people’s micro, small, and medium sized enterprises (MSMEs).
19 Jun 2020
Breaking News
“Refrain from ‘One Link’ CBSI warns
The Central Bank of Solomon Islands (CBSI) has clarified, its position on the ONE LINK PACIFICA (OLP) issue remains unchanged and that people should refrain from investing in the scheme.
9 Mar 2020
Breaking News
‘One Link Pacifica illegal’
One-Link Pacifica is a Fishing Company, not a Financial Institution, the Central Bank of Solomon Islands has this afternoon revealed. CBSI’s Financial Intelligence Unit’s Director, Jimmy Sandersly clearly explained, One-link is registered under Company Haus as a Fishing Company.
20 Feb 2020
Top Headlines
CBSI Deputy Governor appointed
Raynold Micah Moveni has been appointed at the new Deputy Governor of the Central Bank of Solomon Islands (CBSI). The Bank said in a statement yesterday, Minister of Finance and Treasury, Hon, Harry Kumar made the appointment in accordance with section 41(2) of the CBSI Act 2012. Mr.
20 Feb 2020
Breaking News
One Link Pacifica fate to be made known today
The fate of One Link Pacific – a popular money scheme in the country, will be known in a press conference today. The Central Bank’s Financial Intelligence Unit (SIFIU) will conduct the media conference.
20 Feb 2020
Economy
Economic growth up by 3.9%
Solomon Islands has witnessed successful growth in its economy last year by 3.9 percent up from 3.7 percent in 2017. The Governor of Central Bank of Solomon Islands, CBSI, Denton Rarawa, announced the growth estimates at the launch of the CBSI 2018 Annual Report today in Honiara.
21 May 2019
Banks
CBSI warn of fake bank notes
The Central Bank of Solomon Islands has flagged the augment of counterfeit bank notes closer to the festive season. CBSI’s Currency and Banking Operations Department warned, fake bank notes were usually circulated around Christmas season when business is at its peak.
19 Nov 2018
Finance
“Bali meeting was successful”
Central of Bank of Solomon Islands Governor, Denton Rarawa was pleased with the fruitful outcome of this year’s Board of Governors Meeting. Mr Rarawa led a Solomon Islands delegation to the meeting convened in Bali, Indonesia early this week with the World Bank and International Monetary Fund, IMF,…
19 Oct 2018
Banks
New $5 banknote to be introduced next year
The Central Bank of Solomon Islands will introduce a new five dollar note, part of its ongoing reforms on security and design specifications. CBSI Governor Denton Rarawa had announced,the notes would be introduced in the first quarter of 2019, and will be made of polymer substrate, aimed at…
17 Jul 2018