About Us

What We Do...

The three principal business functions of Banks DIH Limited are the production of beverages, food products and restaurant operations.

A fourth, and the most recent has been in banking services following the acquisition of 51% shares of Citizens Bank Inc. in December 1998.

Find out more about our products and services.

How We Do It...

Quality and Standards

Quality and standards at Banks DIH are maintained at a high level, as evident in the Company’s products receiving ISO Certification and awards at the Monde Selection in Brussels. Our Company has received recertification for the period 2018 to 2021 for the Soft Drink and Novelty/Dairy plants.

The Company continue to comply with requirements which enables it to manufacture products that conform to international standards. For 2017 the Soft Drink and Novelty/Daily Plants successfully completed recertification with Lloyd’s Register Control and South America’s Limited for the following:

The XM family of rums has received international acclaim in 2018 with XM Supreme 15-year-old and XM Special 12-year-old receiving Grand Gold Awards while XM Royal 10-year-old and 5-year-old were bestowed Gold Awards by Monde Selection, an International Institute for Quality Selection based in Brussels. XM 15, 12 and 10-year rum won Gold Medals at the Rum Masters tasting competition in England in 2013 while XM 10-year-old was a Gold Medalist at the Caribbean Rum Festival in 2014.

Our Flagship Banks Beer and the latest edition in our beer family - GT Beer both won Gold Medals at 2018 Monde Selection for quality as well as Rain Forest Waters.

The Company was awarded the prestigious Coca Cola Excellence Cup for performance Excellence (Small Markets) at the Coca Cola Latin Centre Business Unit Regional Conference in 2016.

Guinness Stout, bottled under license earned second place in the Americas and fourth worldwide in the Guinness League of Excellence in 2017.

Sales and Distribution

The product range carried by the company reaches the homes of all Guyanese as the Company has a fleet of over two hundred and eighty vehicles. There are branches in Linden, Bartica, Berbice, Essequibo with distributors and agents in all three counties.

Our Company exports to several countries within the Caribbean and further afield. Our Manufacturing, Sales and Distribution functions have been strengthened through linkages with several established companies. We import and distribute Pine Hill Juices, Drinks and Milk Products and Smirnoff Ice.

The excellent results over the years reflect the benefits from past and present investments.

Our History

The D'Aguiar Family was in business in Guyana for over 150 years. In the 1840's Mr. Jose Gomes D'Aguiar, the founder, started a Rum Business which developed into a chain of Retail Spirit Shops. In 1885 the business was expanded to include a Cocoa and Chocolate Factory and a Schooner Shipping Agency.

Mr. Peter Stanislaus D'Aguiar felt, however, that the date of historic importance was in 1896 when the four sons, Jose Jnr, Manoel, Francisco and John formed the partnership of D'Aguiar Bros. after the death of Mr. J.G. D'Aguiar in 1893. In the same year the brothers purchased the Demerara Ice House which then consisted of a hotel, liquor bars and an aerated soft drink plant. The name 'Ice House' was derived from the fact that ice was imported in schooners from Canada, hence the initials D.I.H.

Papers concerning D'Aguiar Bros. dating back to the beginning of the century showed that the actual purchase of the old Demerara Ice House was made in October 1896 with its possession being effective from November 16 of that year. The purchase was arranged through the Hon. J.H. de Jonge, auctioneer. The price, $50,000.00, a substantial sum in those days was for buildings only. Eventually, a twenty-one-year lease was negotiated from the Crown in whose title all lands were vested in those days. It was not until 1929 that the land was bought outright from the Government. In that year Dr. J.G. D'Aguiar (Mr. Peter D'Aguiar's father) then the sole proprietor following the death of his brothers, formed the company of D'Aguiar Bros. Limited.

Mrs. P.M. D'Aguiar became the principal shareholder on the death of her husband, Dr. J.G. D'Aguiar. The business faltered and was at a point of bankruptcy. She was offered the paltry sum of $100,000.00 for the business as a going concern, but she refused to sell, as she was convinced that her youngest son, Peter D'Aguiar, should be given the opportunity as he appeared to have the business acumen to salvage the company and to build it into a thriving concern.

In 1934 at the age of twenty-two, Peter took over as Managing Director of D'Aguiar Bros. Ltd.
Peter concentrated on the manufacturing side, especially soft drinks and rum. He borrowed heavily to re-finance the business. Gradually old debts were paid off and the business began to flourish again.
In 1942 Peter acquired the franchise for Pepsi-Cola making British Guiana (as it was named) the first country in South America to bottle this beverage. The popular range of I-Cee flavours was introduced in 1952. The production of XM Rum was expanded and became the No.1 Rum in 1959.
Long before Peter took over, the Cocoa and Chocolate business and the Shipping Agency had been relinquished. The range of interests was still fairly wide and included a soft drink factory, rum bond, bottling plant, liquor store, retail bars, hotel and pawnbrokery most of which had been operated and located at D'Aguiar Bros. Ltd. in Brickdam, Stabroek since 1896.
In 1955, Peter D'Aguiar promoted Banks Breweries Limited, the first public company with a widespread ownership. In 1966 the Private Family Company (D'Aguiar Bros. Ltd.) was converted into a public company, D'Aguiar Bros. (D.I.H.) Limited with a share capital of $1.0 M (one million dollars).
1969 saw the merger of D'Aguiar Bros. (DIH) Ltd. with Banks Breweries Ltd. into a new company called Banks DIH Limited with a Share Capital of G$4,140,000.00.
The Company's headquarters was moved to Thirst Park where the production complex and the head office, known as the Rotunda, were built in 1969.

The cost of the modern complex on 13.2 acres of land designed by a young Polish Architect, Marian Dorr-Dorynek at that time, was valued $7,000,000.00.
Since then the number of shareholders has increased from 5,000 to over 14,000 and employees from 300 to over 500 of the company's regular employees becoming shareholders.

On Thursday, 30th March, 1989 at 5.00 a.m., London time, Peter S. D'Aguiar, age 76, died at the London Hospital, England where he had travelled to obtain medical attention.

During his tenure of service (1934 - 1989) the company showed a record of rapid development and continued progress and has emerged as one of the most dynamic, efficient and profitable businesses in the Caribbean.
Banks DIH Limited is now a multi-billion dollar company and is headed by Mr. Clifford Barrington Reis, CCH, who was appointed Chairman/Managing Director after the death of Mr. Peter S. D'Aguiar thereby heralding the dawn of a new era in the company's history.
Undaunted by the magnitude of the added responsibilities, the new Chairman immediately got down to the job of keeping Banks DIH Limited on its chartered course of continued development. Mr. Clifford Reis' management style could be described as 'hands-on' and manages through consultation, help and advice from the Directors, Executive Board Members and the Worker Management Participation Board (W.M.P.B.). He believes that business must be undertaken with a sense of urgency and getting quality results is of the utmost importance.

Our Location


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Our Products & Services

Beverages

The Beverage Products produced include Banks Beer (alcohol content 4.5%), GT Beer (4.3%), Banks Shandy (1.6%) which is produced in five flavours (Lemon, Sorrel Champagne, Honey Lemon and Citrus Punch), Guinness Stout (7.5%), Banks Malta Supreme and Vita Malt (non-alcoholic).

We also produce a wide array of Rums, Spirits and Liqueurs:

RUMS - XM Supreme 15-year Old (70cl/40%), XM Special-12-year-old (70cl/40%), XM Royal 10-Year Old (70cl/40%), VXO 7-year old Rum (70cl/40%), XM Five-Year Old, Xtra Mature (Extra Blend Premium), Extra White Rum, High Wine, R1 Vodka in three flavours (Original, Lemon, Cranberry) Kazak Vodka, Preskov Vodka, D'Aguiar's Demerara Cream Liqueur (in four creamy flavours - (Original, Chocolate, Coffee and Amaretto), Estate Royale Rum Punch (Pineapple, Passion Fruit, Mango) and R1White Ice.

WINES - 6° North (Shiraz, Merlot, Cabernat), Banko (Red & White) and Medium Dry - 700ml, D’Aguiar’s Sherry Brandy, Ryda Hard Wine, Power Wine and D’Aguiar’s Ginger Wine, D’Aguiars Moscato and D’Aguiar’s Port.

WATER - Rain Forest, Aqua Mist and Tropical Mist Artesian Well Water in assorted Pet Sizes: Plain, 1.5Litres and 5 Gallon Institutional Size.

I-CEE SOFT DRINKS – six regular flavours - Cream Soda, Banana, Pineapple, Orange, Big Red, Tangerine, and fusion flavours such as Pear, Green Crush, Pink Grapefruit, Apple Strawberry, Fruit Punch, Ginger Beer (seasonal). In addition, Soda Water, Misty flavoured Water, Ginger Ale and Lemon, Lime and Bitters (LLB) are also produced.

Banks DIH Limited is also a licensed bottler of the Coca-Cola products and Guinness. Vita Malt is also produced and bottled under license.

Foods

Trisco Foods houses the production of Cookies, Crackers, Snacks (Cheese and Onion, Spicy Bar-B-Q, Chicken Tikka, Nacho, Cheddar) It also produces Assorted Bread Products and Rolls, Novelty Ices (Frostee Pop-Cream and Fudge) and Ice Cream in assorted flavours.

Restaurants

The Demico Restaurant Operations include Demico Qik Serv at Croal Street, Stabroek, OMG/Arawak Steak House and Sheriff Street Qik at (Sheriff Street and Campbell Avenue, Campbellville), Idiho at Brickdam, Stabroek, Main Street Qik Serv– Crème Select Ice Cream Lounge (Main and Quamina Streets, Cummingsburg), New Amsterdam Qik Serv (Main Street, New Amsterdam Berbice), the Roof Garden – (Brickdam, Stabroek), the Retail Liquor Store and the Demico Hotel. Camp Site Qik Serv (Camp Street, Lacytown) Timehri Duty Free Shop while Krystal Dry Cleaners formerly located at Camp Street is now housed in a spacious atmosphere at Demico Complex (Brickdam).

Our Work Environment

Training at all levels within our company is aggressively pursued and employees are encouraged through worker participation, various incentives and benefits to develop their full potential thereby maximizing their contribution to the Company.

TThe degree of commitment is achieved through the implementation of policies that are fair, non-discriminatory and which provide real opportunities for development. Banks DIH Ltd. is an Equal Opportunity Employer.

Housing

From 1994-2004, fifty (50) acres of land at Houston were developed for an employees' Housing Scheme.This is the fourth such Housing Scheme which was developed by the Company.
Today over ninety-five houses(95) have been built and sold at cost and are presently occupied by employees and their families.

The excellent results over the years reflect the benefits from past and present investment.

The Chairman and Board of Directors salute their predecessors and wish to thank all staff, shareholders and customers for their continued support and contribution in making Banks DIH Limited "the success story it is today".