Bank of Thailand

Bank of Thailand
ธนาคารแห่งประเทศไทย
(ธปท.)
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]

References

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

External links

Official website

Royal Thai Government

Constitution of Thailand list National Council for Peace and Order

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Bank of Thailand

History

List of governors

Roles and responsibilities

See also

References

External links