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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).


Progress

Other Key Indicators

Recent Updates

Commercial Bank's Applicable Rates on Deposits and Lending
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22 April 2016

Annual Report 2015
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31 March 2016

CBS Balance Sheet Jan 2016
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22 March 2016

Financial Statements 2015
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21 March 2016

Joint CBS-SBA Communique - Fraud attempt on ATMs - Cards will be blocked and replaced as a precaution
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21 August 2015

CBS Issues Commemorative Coin in collaboration with the National Day Celebrations Committee
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23 June 2015



Consolidated Average Rates of Authorized Dealers

(April 29, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.0750 13.5139 13.2945 -0.0043
EUR 15.0383 15.1779 15.1081 0.1432
GBP 19.2848 19.6608 19.4728 0.1736

Interbank Lending Rate for Week Ending 22-Apr-2016  Rate is  2.50 %

Inflation Rate for March 2016

Year on Year

12 Month Average

Month on Month

-3.2 %

2.6 %

-0.2 %

Read more

Interest Rates on T-Bills as at 29 April, 2016

91-day

182-day

365-day

5.70 %

6.38 %

6.79 %

Read more

Notice

  • 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.

    More Details
  • Central Bank of Seychelles to administer the issue of Government of Seychelles Treasury 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