Financial

Stability

About Financial Stability

A brief description of the Bank's responsibility for financial system stability.


Prudential Framework

Information on our prudential frame work


Authorized Banks and Supervised Financial Institutions

List of authorized Financial institutions


Revoked Financial  Institutions

List of Financial Institutions that have been revoked


Fees and Penalties

Information on Subjected fees and Penalties.


Lodgment

Information covering Lodgment details.

 

Services

Banking

Information about the banking services provided by the Reserve Bank to the Vanuatu Government and its agencies, Vanuatu financial institutions (exchange settlement accounts) and for central banks and similar organisations in other countries.


Registry

Details of the registry section.

Exchange Rates

Countries:    Date:25-April-2024

  USD    120.42

  JPY     0.7757

  NZD    71.47

  GBP    150.05

  AUD     78.24

  EUR    128.83

 

 

Key Indicators

INFLATION

June 2023 :   14.4 %

June 2023 (Year Average) :  11.5 %

GDP

Real GDP Growth 2021 :  -1.6%

Source: VBoS

FOREIGN RESERVES

Months of Import: 8.3

 September 2023

LIQUIDITY (SEPTEMPER 2023)

Excess Reserve :  32,195.1 MVT

MONEY & CREDIT (SEPTEMPER 2023)

Money Supply (M2) : 114,120.9 MVT

Net Foreign Assets :  84,713.3 MVT

Domestic Credit  :  52,475.5 MVT

Private Sector Credit :  65,168.8 MVT

Narrow Money (M1) :  88,022.9 MVT

INTEREST RATES (SEPTEMPER 2023)

 RBV Policy Rate :  2.25%

91 Day RBV Notes :  0.35%

Weighted Average Deposit Rate :  0.37%

Weighted Average Lending Rate :  8.83%