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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

20 May 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

CBS Balance Sheet Jan 2016

22 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

(May 25, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.0300 13.5061 13.2681 -0.0893
EUR 14.6361 15.0610 14.8486 -0.0821
GBP 19.2163 19.5858 19.4011 0.2135

Interbank Lending Rate for Week Ending 13-May-2016  Rate is  2.50 %

Inflation Rate for April 2016

Year on Year

12 Month Average

Month on Month

-1.1 %

2.2 %

0.2 %

Read more

Interest Rates on T-Bills as at 24 May, 2016




6.74 %

7.20 %

7.43 %

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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  • Central Bank of Seychelles to administer the issue of 3 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.

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