Bank of Thailand

Bank of Thailand
ธนาคารแห่งประเทศไทย
Headquarters Phra Nakhon, Bangkok, Thailand
Established 1942
Governor Veerathai Santiprabhob
Central bank of Kingdom of Thailand
Currency Thai baht
THB (ISO 4217)
Website www.bot.or.th

The Bank of Thailand (BOT, Thai: ธนาคารแห่งประเทศไทย) is the central bank of Thailand.

History

The Bank of Thailand (BOT) was first set up as the Thai National Banking Bureau. The Bank of Thailand Act was promulgated on 28 April 1942 vesting upon the Bank of Thailand the responsibility for all central banking functions. The Bank of Thailand started operations on 10 December 1942.[1]

The Bank of Thailand Act, B.E.2485 was later amended in order to put emphasis on BOT's social responsibility, to create a mechanism to guard against economic crisis, as well as to set up BOT's decision making process to ensure good governance and transparency in the organization. The Bank of Thailand Act, B.E.2551 came into force on 4 March 2008.

List of governors

# Name Took Office Left Office
1(1) Prince Vivadhanajaya 27 Nov 1942 16 Oct 1946
2(1) Serm Vinicchayakul 17 Oct 1946 24 Nov 1947
3(1) Leng Srisomwongse 25 Nov 1947 2 Sep 1948
1(2) Prince Vivadhanajaya 3 Sep 1948 2 Dec 1948
3(2) Leng Srisomwongse 3 Dec 1948 3 Aug 1949
4 Dej Snidvongs 4 Aug 1949 29 Feb 1952
2(2) Serm Vinicchayakul 1 Mar 1952 24 Jul 1955
5 Kasem Sriphayak 25 Jul 1955 23 Jul 1958
6 Jote Guna-Kasem 24 Jul 1958 3 May 1959
7 Puey Ungphakorn 11 Jun 1959 15 Aug 1971
8 Bisudhi Nimmanhaemin 16 Aug 1971 23 May 1975
9 Snoh Unakul 24 May 1975 31 Oct 1979
10 Nukul Prachuabmoh 1 Nov 1979 13 Sep 1984
11 Kamchorn Sathirakul 14 Sep 1984 5 Mar 1990
12 Chavalit Thanachanan 6 Mar 1990 30 Sep 1990
13 Vijit Supinit 1 Oct 1990 1 Jul 1996
14 Rerngchai Marakanond 13 Jul 1996 28 Jul 1997
15 Chaiwat Wiboonsawat 31 Jul 1997 4 May 1998
16 M.R. Chatumongol Sonakul 7 May 1998 30 May 2001
17 M.R. Pridiyathorn Devakula 31 May 2001 6 Oct 2006
18 Tarisa Watanagase 8 Nov 2006 30 Sep 2010
19 Prasarn Trairatvorakul 1 Oct 2010 30 Sep 2015
20 Veerathai Santiprabhob 1 Oct 2015 incumbent

Roles and responsibilities

The Bank of Thailand's mission is to provide a stable financial environment for sustainable economic growth in order to achieve continuous improvement in the standard of living of the people of Thailand.[2]

See also

Wikimedia Commons has media related to Bank of Thailand.

References

  1. ↑ "List of Governors of the Bank of Thailand". Bank of Thailand (BOT). Bank of Thailand (BOT). Retrieved 1 February 2016.
  2. ↑ "Roles and Responsibilities of the Bank of Thailand". Bank of Thailand (BOT). Bank of Thailand (BOT). Retrieved 19 September 2015.
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