Banks Beer Guyana Ownership and Issues Explained

Banks Beer Guyana is a popular beer brand in Guyana, but have you ever wondered who owns it? Banks Beer is owned by Banks DIH Limited, a Guyanese company that has been brewing beer since 1933.

Banks DIH Limited is a family-owned business that has been in operation for over 85 years. The company has a long history of producing high-quality beers, including Banks Beer.

The brewery is located in Georgetown, Guyana, and is one of the largest beer producers in the country. Banks Beer is a staple in Guyanese culture and is enjoyed by many locals and visitors alike.

Banks Beer was in short supply last December due to technical issues with a bottling plant.

The shortage affected Christmas sales and the company's chairman, Clifford Reis, had to find innovative solutions to keep the product on the local market.

Approximately 150,000 cases of beer were off the local market during this time.

The beer plant was expected to undergo an audit in February 2023, but supply chain issues delayed the process.

A new strategy of building a new plant was devised after the company realized it needed additional spares.

Plant operators worked overtime in December to keep production going, but the shortage persisted.

The new brewery facility is expected to produce 800,000 cases of beer per month.

However, a mechanical problem at the brewery caused a new shortage of Banks Beer and other alcoholic beverages.

The brewery ceased production and spare parts were being sourced from Germany.

Local retailers reported being out of stock of Banks Beer, Premier Lager, and GT Beer.

OMG, a Banks DIH outlet, was one of the few places still stocked with the products.

Prices of the products increased at some retailers, with Ram's Bar in Kitty selling a bottle of Banks Beer for $400.

Banks Beer is owned by Banks DIH Ltd, a company that was formed in 1969 through the merger of D’Aguiar Bros and the Guyanan Banks.

The company has a complex history, with D’Aguiar Bros being privately held until it became publicly listed in 1966.

D’Aguiar Bros was also the owner of a Banks Brewery in Barbados, which was made possible with the help of 3000 Barbadian stockholders who bought shares of the brewery in 1961.

The Barbados Banks Brewery was created in 1961, with D’Aguiar Bros retaining ownership despite much of the ownership being shared by D’Aguiar.

By 2005, the two dueling Banks breweries had finally merged to help promote the brand worldwide.

Today, Banks Beer is shipped to the United States, using beer made from the Barbados Banks Brewery, which began shipping beer to the US by 2008.