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

CANCELLATION OF INSURANCE LICENSE BY THE CENTRAL BANK ROLE OF THE CENTRAL BANK

1. It has been brought to our attention that many are unclear as to the role of the Central Bank with regards to the voluntary liquidation as filed by the Progressive Insurance. By way of background, liquidation is the process, formerly known as winding up, by which the business activities of a company are brought to an end. This happens when a company can no longer pay its debts, liabilities or operate its business. Voluntary liquidation is when the actual company files for liquidation, as opposed to a Court order or other factors. 

Read more »