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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 third quarter of 2016, the quarterly average target is R2,868 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

RFP ( Tender for the Designing of the Disaster Recovery Building )
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29 July 2016

Commercial Bank's Applicable Rates on Deposits and Lending
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15 July 2016

CBS Balance Sheet May 2016
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22 June 2016

Bank Codes Structure
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06 May 2016

Annual Report 2015
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31 March 2016

Financial Statements 2015
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21 March 2016



Consolidated Average Rates of Authorized Dealers

(July 29, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.0793 13.5014 13.2904 -0.0967
EUR 14.6101 14.9622 14.7862 0.0225
GBP 17.1984 17.8578 17.5281 -0.0036

Interbank Lending Rate for Week Ending 15-Jul-2016  Rate is  2.90 %

Inflation Rate for June 2016

Year on Year

12 Month Average

Month on Month

-1.4 %

1.3 %

0.3 %

Read more

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

91-day

182-day

365-day

6.51 %

6.52 %

6.57 %

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
  • 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