Which central bank was created in Thailand in 1942 during World War II?

The Bank of Thailand was created in 1942 during World War II.

Thailand’s central-bank framework developed before the institution formally opened. The Thai government passed the Bank of Thailand Act in 1942, and the bank began operations on 10 December that year. Its headquarters are in Bangkok.

The Bank of Thailand issues Thailand’s banknotes, conducts monetary policy, manages official reserves, and helps maintain financial-system stability. The national currency is the baht.

The institution is distinct from Thailand’s commercial banks, which provide deposits and loans to households and businesses. Its role is national and systemic rather than ordinary retail banking, although it supervises parts of the financial system.