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Banks Beer was started as an idea formed by Peter D'Aguiar, a Guyanese entrepreneur. In the late 1950s the Barbados government offered tax concessions to encourage someone to start a local brewery. 30% of the required start-up funds were provided by Banks Diversified Industrial Holdings (DIH) of Guyana and the rest of the capital was collected by the sale of shares to local people in Barbados.
The Campaign for Real Ale (CAMRA) said it was a "sad and disappointing decision", with Banks's Mild being among the first beers made by the 150-year-old Wolverhampton brewery.
Banks DIH won the first round. [13] In the year 2023 Banks DIH went through some major issues leading to the shortage of many products including their main product banks beer. Because of this many large wholesalers who have purchases of millions of Guyana dollars in Banks DIH were forced to closed down.
Banks also brews Tiger Malt, a non-alcoholic malted beverage. There is a separate Banks beer company in Guyana, Banks DIH, and the two breweries merged in 2005 with the intention to market their beer internationally. [9] 10 Saints beer is brewed in Speightstown, St. Peter in Barbados and aged for 90 days in Mount Gay 'Special Reserve' Rum casks ...
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It was very fortuitous that the brewery was in Manchester. To outsiders, Manchester is a very attractive place – known the world over for soccer, art, music and broadcasting. It would be difficult to have a Cream of Wolverhampton even though Banks's beer is very good. People do not aspire to visit Wolverhampton. On the whole they try to by ...
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