The Central Bank of Samoa

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.

Statistical Highlights

Inflation Rate

1.8%

Interest Rate

2.95%

Foreign Reserves

SAT$1.6682B

Exchange Rates

  • USD 0.36449 US Dollar
  • EUR 0.31526 Euro
  • GBP 0.27277 Pounds sterling

Real GDP (SAT $Billions)

July/June Years

Nominal GDP (SAT $Billions)

July/June Years

Media

Public Advisory: Cryptocurrency Investment Scam “BG Wealth”

The Central Bank of Samoa (CBS) wishes to alert the public to an online investment scheme known as BG Wealth, which has been widely promoted across social media platforms. This scheme encourages individuals to attend investment presentations and join online groups under slogans such as “Join the Crypto Revolution.”

Request For Expression Of Interest: Digital Financial Literacy Consultancy Service

The Central Bank of Samoa in partnership with the United Nation Capital Fund under the Pacific Digital Economy Programme pursues to advance financial inclusion in Samoa and hereby seeks the services of an experienced and qualified consultant to conduct analysis and assessment on people's knowledge regarding digital literacy and designing digital literacy training material modules through digital channels.

REQUEST FOR PROPOSAL: National Financial Inclusion Strategy II Strategic Review and Drafting of National Financial Inclusion Strategy III

The Central Bank of Samoa in partnership with the United Nation Capital Fund under the Pacific Digital Economy Programme pursues to advance financial inclusion in Samoa and hereby seeks the services of an experienced and qualified consultant to conduct a strategic review of the National Financial Inclusion Strategy Il and drafting of the National Financial Inclusion Strategy III.

Communications Adviser

Effective communication is essential for strengthening financial literacy across Samoa, helping households and businesses understand financial products, consumer protection measures, and the role of monetary policy in everyday life. To be fully impactful, CBS communications must be accessible and inclusive ensuring that messages are tailored to different literacy levels, languages, and vulnerable groups including persons with a disability so that all Samoans can participate confidently in the financial system. Leveraging new technology will be an important part of updating the current communications strategy.

plant growing in a pile of coins

Monetary Policy Statement

The Monetary Policy Statement (MPS) is a public document designed to provide transparency and accountability regarding the Central Bank's monetary policy plans. It outlines the Bank's objectives and targets for the upcoming financial year, informing both domestic and international audiences.

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Financial Supervision

The Financial Supervision Department plays a crucial role in safeguarding financial system stability and protecting the interests of depositors, creditors, policyholders, and unit holders. By regulating, licensing, and supervising financial institutions, the Department ensures compliance with international standards and best practices.

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Currency Collectibles

The Central Bank of Samoa offers a range of collectible currency products featuring unique Samoan designs and limited mintages. We also provide bulk quantities of general circulation notes and coins for collectors.

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