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Central Bank of Solomon Islands

The Central Bank of Solomon Islands is the central bank of Solomon Islands located in capital city of Honiara. The Bank was established in February 1983 under the Central Bank of Solomon Islands Act 1976, which converted the Solomon Island Monetary Authority (SIMA) into a central bank. The current governor is Dr. Luke Forau.[3]

Functions

Its official functions, under the CBSI Act of 2012, Section 9 include determining monetary policy, managing exchange rates, managing internal reserves, issuing currency, engaging in international relations relating to monetary policy, and regulating financial institutions.[4][5]

The Bank is engaged in developing policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.[6]

Governors

  • John G. FG. Palfrey, 1976-1978[7]
  • Barry A. Longmuir, 1978-1980[7]
  • Philip Coney, 1980-1981[8][9]
  • Anthony V. Hughes, 1981-1993[10][11][12]
  • Rick Houenipwela, 1993-2008[13][12]
  • Denton Rarawa, 2008-2019[14]
  • Luke Forau, 2019-

See also

External links

References

  1. Jan Weidner. The Organisation and Structure of Central Banks Katalog der Deutschen Nationalbibliothek, 2017^
  2. CBSI History | Central Bank of Solomon Islands retrieved 11 April 2024^
  3. Speech: Joint ANZ/PFIP Coconut Value Chain Partnership, Launching - Central Bank of Solomon Islands 2016-08-15, retrieved 2016-09-22^
  4. "About the Bank", Central Bank of Solomon Islands^
  5. Home Central Bank of Solomon Islands^
  6. AFI members AFI Global, 2011-10-10, retrieved 2012-02-23^
  7. ISLANDS MONETARY AUTHORITY - PDF Free Download docplayer.net^
  8. Annual reporthawaii.edu^
  9. Annual reporthawaii.edu^
  10. Ken Ross. Regional security in the South Pacific: the quarter-century 1970-95 Strategic and Defence Studies Centre, Research School of Pacific Studies, Australian National University, May 11, 1993^
  11. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Sept 1991. 2003^
  12. Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1993 Jan-Apr, Aug, Dec 1993. 2003^
  13. Central Bank of Solomon Islands: Governor June 9, 2007^
  14. Denton Rarawa October 23, 2017^