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In 1966 D'Aguiar Bros. (D.I.H.) was floated as a public company, and it was merged with Banks Breweries in 1969 to form the present Banks DIH Ltd. [2] Banks DIH was the first company to float shares publicly in Guyana. For a long time the capital market was small, only reaching US$10 in 1992. As of October 1993, Banks DIH had just 8,346 ...
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.
D'Aguiar unsuccessfully contested the 1953 elections in British Guiana on the slate of the National Democratic Party. [6] D'Aguiar declined to participate in the 1957 elections, [7] but by 1959 he was the leader of the "Defenders of Freedom", an anti-Communist group affiliated with the Catholic Church. [8]
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Barbados is home to the Banks Barbados Brewery, which brews Banks Beer, a pale lager, as well as Banks Amber Ale. [8] 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]
Bank of Guyana: Financials Banks Georgetown: 1965 Central bank S A Banks DIH: Consumer goods Food products Georgetown: 1840 Food and beverage P A Demerara Distillers: Consumer goods Food products Georgetown: 1780 Food and beverage P A Guyana Broadcasting Corporation: Consumer services Broadcasting & entertainment Georgetown: 1979