The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as banker to the Government and the commercial banks and operates under the following main functions: -
- regulating issue supply availability and international exchange of money;
- advising the government on banking and monetary matters;
- promoting internal and external monetary stability;
- promoting a sound financial structure;
- promote credit and exchange conditions conducive to the orderly and balanced economic development of Samoa;
- supervising, regulating banking business and the extension of credit; and
- implementing counter measures against money laundering such as to deter, detect and criminalized money laundering activities.
Last updated 06 Oct 2024