Government Savings Bank
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Government Savings Bank
Government Savings Bank may refer to: * Government Savings Bank (Thailand) * The Government Savings Bank (1833), a historical bank in British India * Queensland Government Savings Bank The Queensland Government Savings Bank was a bank in Queensland, Australia. It was operated by the Queensland Government. It was also known as the Government Savings Bank of Queensland. History The Queensland Government Savings Bank was establ ...
, a historical bank in Australia {{Disambiguation ...
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Government Savings Bank (Thailand)
Government Savings Bank (GSB) ( th, ธนาคารออมสิน) is a state-owned Thai bank headquartered in Phaya Thai District, Bangkok. GSB's Swift code is GSBATHBK. History King Vajiravudh (Rama VI) introduced a means to save money to Thailand in 1913. His purpose was to introduce Thai people to banking services and to promote a habit of thrift and saving. King Vajiravudh issued an act, effective 1 April 1913, to formally set up a "Savings Office" which began its operations under the Royal Treasury. In 1929, in a period of economic depression, King Rama VII permitted the transfer of the bank to the Post and Telegraph Department of the Ministry of Commerce and Transportation(Currently using the name Office of The National Broadcasting and Telecommunications Commission) to make it more convenient for citizens. The bank established new businesses such as travel savings, capital accumulation savings, and house deposit savings. By the end of 1936, a total of 104 br ...
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The Government Savings Bank (1833)
The Government Savings Bank (1833) was a bank founded in the year 1833 in British India. The bank was the fifteenth oldest bank in India. History Founding The bank was founded in 1833 in Kolkata. Two more branches were opened at Bombay (Mumbai) and Madras (Chennai) in 1833 and 1834 with maximum deposit limit of Rs 500 at 4 per cent interest.https://cultural.maharashtra.gov.in/english/gazetteer/greater_bombay/banking.html The bank played a major role in the early economic history of East Bengal and Bangladesh. Management The bank had its branches in each of the three Presidencies of British India: Bombay, Madras and Bengal (Calcutta). These branches were later merged into a single entity. Final Years The bank was finally closed and liquidated in 1843. Legacy The bank is notable for being the fifteenth oldest bank in India. The bank was the spiritual predecessor of the India Post Payments Bank. See also *Indian banking Modern banking in India origin ...
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