The Central Bank of Samoa is the nation's reserve bank and, as such, it acts as a banker to the Government and the commercial banks.

The principal purposes of the Bank have been enacted by charter in the Central Bank of Samoa Act 1984, Financial Institutions Act 1996, Foreign Exchange Regulations 1999, Money Laundering Prevention Act 2007 and the Insurance Act 2007:

(a) To determine and implement monetary policy;
(b) To advise the Government in respect of the exchange rate regime;
(c) To determine and implement the exchange rate policy;
(d) To hold and manage all official international reserves of Samoa;
(e) To regulate the international exchange of money;
(f) To issue and manage the currency of Samoa;
(g) To oversee the maintenance of the stability of the financial system as a whole;
(h) To license and supervise banks, securities brokers, securities dealers, other financial institutions, insurers, and any other entities in accordance with the relevant laws;
(i) To act as a lender of last resort for banks;
(j) To promote and oversee the safety and efficiency of the National Payment System;
(k) To promote financial inclusion and financial literacy;
(l) To collect and compile statistics related to its functions;
(m) To act as a fiscal agent of the Government and state-owned entity;
(n) To advise the Government on banking and monetary matters;
(o) To cooperate with, and participate in, public international financial institutions and other international organizations, and cooperate with domestic and foreign public entities, concerning matters related to its objectives and functions; and
(p) To carry out any ancillary activities incidental to the exercise of its functions.

Vision:
A dynamic and efficient central bank contributing to the economic sustainability and prosperity of Samoa.

Mission:
Fostering a sound and vibrant financial system for Samoa’s economic development.