# Government Savings Bank (GSB Thailand)

> Source: https://docs.barcoder.ai/docs/wallets/government-savings-bank-thailand
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [GSB Thailand — official](https://www.gsb.or.th/)

## Key details

- **Parent:** King Vajiravudh Rama VI then 1947 Government Savings Bank Act establishment

## Overview

**Government Savings Bank (GSB Thailand)** is **Thai state-owned savings + commercial bank** + **Government of Thailand Ministry of Finance ~100%+ controlling** + **Thailand's national savings bank + one of Thailand's largest commercial banks by branches** + **founded Apr 1 1913 in Bangkok Thailand as Savings Office by King Vajiravudh Rama VI then 1947 Government Savings Bank Act establishment** <sup>[1][1], [Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup>.

## History

**Apr 1 1913 — Savings Office founded in Bangkok Thailand by King Vajiravudh Rama VI as Thai national savings institution** distinctive Thai banking heritage as Thailand's royal-founded savings bank.

**1947 — Government Savings Bank GSB Act establishment consolidating Savings Office into Thai state-owned savings + commercial bank**.

**2014 — MyMo by GSB Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Government Savings Bank GSB** (Thai state-owned savings + commercial bank).

**Major shareholders**: **Government of Thailand Ministry of Finance ~100%+ controlling**.

**Regulators**: **Bank of Thailand BOT + Ministry of Finance Thailand**.

## Technical integration

MyMo by GSB Mobile app (iOS + Android) + gsb.or.th online + Government Savings Bank branch network across Thailand (Thailand's national savings bank with one of Thailand's largest commercial banking branch networks) + GSB Visa + Mastercard cards; PromptPay (Thai national instant payments) + Thai QR Payment (Thai national QR payment scheme) + Thai Baht THB domestic transfers.

## Implementations & partners

**Major Thai banking + payments competitors**: [Bangkok Bank](https://docs.barcoder.ai/docs/wallets/bangkok-bank) (Bangkok Bank; SET: BBL) + [Kasikornbank K PLUS](https://docs.barcoder.ai/docs/wallets/kasikorn-bank) (Kasikornbank KBank; SET: KBANK) + [Siam Commercial Bank (SCB)](https://docs.barcoder.ai/docs/wallets/siam-commercial-bank) (Siam Commercial Bank SCB; SET: SCB) + [Krungthai NEXT](https://docs.barcoder.ai/docs/wallets/krungthai-bank) (Krung Thai Bank KTB; SET: KTB; Thai state-owned commercial bank) + [Krungsri Bank of Ayudhya (krungsri app)](https://docs.barcoder.ai/docs/wallets/krungsri) (Bank of Ayudhya Krungsri; SET: BAY) + [TMBThanachart Bank (ttb)](https://docs.barcoder.ai/docs/wallets/ttb-bank) (TMBThanachart Bank ttb; SET: TTB) + [Bank for Agriculture and Agricultural Cooperatives (BAAC)](https://docs.barcoder.ai/docs/wallets/baac-thailand) (Bank for Agriculture and Agricultural Cooperatives BAAC; Thai state-owned agricultural bank) + [PromptPay QR](https://docs.barcoder.ai/docs/standards/promptpay-qr) (PromptPay; Thai national instant payments).

**Regulators**: Bank of Thailand BOT + Ministry of Finance Thailand.

## Status

**Active, Thai state-owned savings + commercial bank + Government of Thailand Ministry of Finance ~100%+ controlling + Thailand's national savings bank + one of Thailand's largest commercial banks by branches + founded Apr 1 1913 in Bangkok Thailand as Savings Office by King Vajiravudh Rama VI then 1947 Government Savings Bank Act establishment** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.gsb.or.th/ "GSB Thailand — official"
[2]: https://en.wikipedia.org/wiki/Government_Savings_Bank_(Thailand) "GSB Thailand — Wikipedia"
[th-cro]: https://docs.barcoder.ai/docs/payments/TH

- [1] [GSB Thailand — official][1]
- [2] [GSB Thailand — Wikipedia][2]
- <sup>[Thailand report](https://docs.barcoder.ai/docs/payments/TH)</sup> In-corpus: `reports/countries/TH-thailand.md`

## Source

Biography extracted from [government-savings-bank-thailand.md](https://docs.barcoder.ai/source/wallets/government-savings-bank-thailand). See `matrix.md` for standards-support matrix if present.