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Our Mission : To contribute towards the sustainable economic growth and development of Seychelles through prudent monetary policy and maintenance of a sound financial system

Welcome to the official website of the Central Bank of Seychelles

The primary objective of the Bank is to promote domestic price stability. The other objectives of the Bank are -

a) to advise the Government on banking, monetary and financial matters, including the monetary

implications of proposed fiscal, credit policies or operations of the Government; and

b) to promote a sound financial system. Read more

As at the second quarter of 2014 the Reserve Money target is calculated on a quarterly average basis. For the second quarter of 2016, the quarterly average target is R2,763 million. This is surrounded by a symmetrical three per cent band whereby the upper bound of the band serves as the performance criterion (PC) or indicative target (ceiling).


Other Key Indicators

Recent Updates

Commercial Bank's Applicable Rates on Deposits and Lending

24 June 2016

CBS Balance Sheet May 2016

22 June 2016

Bank Codes Structure

06 May 2016

Commercial Bank's Applicable Rates on Deposits and Lending

06 May 2016

Annual Report 2015

31 March 2016

Financial Statements 2015

21 March 2016

Joint CBS-SBA Communique - Fraud attempt on ATMs - Cards will be blocked and replaced as a precaution

Consolidated Average Rates of Authorized Dealers

(June 30, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.1515 13.5013 13.3264 0.0562
EUR 14.6674 14.9918 14.8296 0.1282
GBP 17.6372 18.1400 17.8886 0.2548

Interbank Lending Rate for Week Ending 24-Jun-2016  Rate is  2.90 %

Inflation Rate for May 2016

Year on Year

12 Month Average

Month on Month

-1.2 %

1.8 %

-0.2 %

Read more

Interest Rates on T-Bills as at 28 June, 2016




7.10 %

7.20 %

7.96 %

Read more


  • Procurement Policy

    The Central Bank of Seychelles’ (CBS) procurement activities are guided by its Procurement Policy. To better align these with best international practices and those of Government, in March 2015 the CBS’ Board approved revisions to the Policy. The Policy sets out amongst other things the approved procurement methods, bidding process, bid evaluation, award of contract, complaints handling and terms of contract.

    To access the abridged version of the Procurement Policy please click this link.

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  • Full subscription of DBS Bonds

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  • Notice of Tender Award-ISMS

    Notice is hereby given that in March 2015, Pilgrims Security Ltd was awarded a contract to supply, install and commission an Integrated Security Management System at the Central Bank of Seychelles.

    More Details