Welcome to the Central Bank of Samoa

The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a bank to the Government and the commercial banks.

What's New

Samoa attends the Inaugural Pacific Banking Forum in Brisbane, Australia

Honourable Minister of Finance, Afioga Lautimuia Uelese Vaai led Samoa’s delegation (that included officials from the Central Bank of Samoa, Ministry of Finance and the Samoa International Finance Authority (SIFA)) to the first Pacific Banking Forum held from 8 – 9 July in Brisbane, Australia. The Forum, co-hosted by the Governments of the United States of America and Australia, convened following a commitment made in 2023 by Australia Prime Minister Albanese and USA President Biden to address the withdrawal of correspondent banking relationships (CBR) in the Pacific region.

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At its meeting on the 28th of June 2024, the Central Bank of Samoa (CBS) Board of Directors approved the continuation of the Central Bank’s monetary policy for FY2024/2025 to bring down the elevated level of excess liquidity in the financial system. In addition, the CBS will also maintain its efforts to normalise or adjust upwards its official interest rate.

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