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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

Commercial Bank's Applicable Rates on Deposits and Lending
Download

23 September 2016

CBS Balance Sheet Jun 2016
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08 August 2016

RFP ( Tender for the Designing of the Disaster Recovery Building )
RFP Annex II Annex III

29 July 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

(September 30, 2016)
Buying Selling Mid-Rate Daily Change
USD 13.0968 13.5780 13.3374 -0.0749
EUR 14.8867 15.1367 15.0117 -0.0545
GBP 17.0472 17.6867 17.3670 -0.1184

Interbank Lending Rate for Week Ending 16-Sep-2016  Rate is  2.90 %

Inflation Rate for Aug 2016

Year on Year

12 Month Average

Month on Month

-1.6 %

0.4 %

-0.6 %

Read more

Interest Rates on T-Bills as at 30 September, 2016

91-day

182-day

365-day

5.98 %

6.25 %

8.50 %

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

    Read Details
  • 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