Bank of Thailand

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Bank of Thailand
ธนาคารแห่งประเทศไทย
(ธปท.)
Seal of the Bank of Thailand
Seal of the Bank of Thailand		 Bangkhunprom Palace, a part of headquarters buildings.
Bangkhunprom Palace, a part of headquarters buildings.
Headquarters Phra Nakhon, Bangkok, Thailand
Established 1942
Governor Prasarn Trairatvorakul
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 of the Bank of Thailand

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

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

References

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External links

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