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10 Baht - Rama IX Government Savings Bank

Issuer Thailand
Year 2003
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Value 10 Bahts (10 บาท)
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Obverse lettering ธนาคารออมสิน พระมงกุฎเกล้า ๒๕๔๖
Reverse description Central aluminium bronze disc features the emblem of the Government Savings Bank of Thailand: a circular device divided into three segments by a Y-shaped element, containing a pagoda (stupa) at upper right, a lobster at upper left, and a rocky landscape with tree at the lower segment. The copper-nickel outer ring carries a Thai script legend along the upper arc reading 'ครบ ๙๐ ปี ธนาคารออมสิน ๑ เมษายน ๒๕๔๖' (90th anniversary of the Government Savings Bank, 1 April 2003), and along the lower arc '๑๐ บาท ประเทศไทย' (10 Baht Thailand).
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Additional information

Issued to mark the 90th anniversary of the Government Savings Bank, founded by royal decree of Rama VI in 1913 as a state-backed alternative to informal moneylenders that were extracting ruinous rates from working-class Thais. The institution was explicitly modeled on postal savings systems already operating in Britain and Japan, and its founding was part of a broader modernization of Siamese financial infrastructure under the Chakkri reform period.

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