Our History & Heritage
The Beginning: The story begins with the establishment of the Colonial Bank in May 1836, the first commercial bank in British Guiana, which later continued operations under Barclays PLC.
When it Began: In December 1987, the Government of Guyana acquired the assets and liabilities of Barclays PLC after 150 years of operation, officially renaming the entity Guyana Bank for Trade and Industry Limited (GBTI)
Strategic Merger: GBTI strengthened its foundation in January 1990 by merging with Republic Bank (Guyana) Ltd., formerly known as Chase Manhattan Bank N.A
Privatization: Following its growth as a merged entity, the bank reached a significant milestone in 1991 when it was officially privatized.
First Branch: The bank expanded its physical footprint in January 1992 by opening the Regent Street branch, the first branch established by GBTI to serve the hub of the surrounding business community.
First ATM: In Guyana GBTI pioneered modern banking technology in 1994 by launching the first ATM in Guyana at the Water Street branch, utilizing the Kaieteur Classic card for fund access
First Bank: In Region 9 The Lethem branch opened in August 2006, serving as a pivotal gateway for trade with neighbouring Brazil and expanding business activities within the region.
Corporate Office & Drive: Through ATM In July 2010, the GBTI Corporate Office was commissioned to house its expanding operations and introduced Guyana's very first drive-through ATM.
First Bank in Region 1: GBTI became a gateway to the rich mining sector in March 2013 by opening the first bank in Port Kaituma to serve residents across Region 1.
Digital Expansion: The bank accelerated its digital transformation in February 2021 by implementing E-statements, providing customers with 24/7 access and reducing paper clutter.
First Black Credit Card: Continuing its legacy of "firsts," GBTI launched Guyana's first Black Credit Card and added Mastercard Black and Gold cards to its portfolio.
Modern Momentum: In 2024, the bank launched the Home Start Advantage Account in August, the GBTI GROW initiative for SMEs in November, and opened its 13th branch in Mon Repos.
Future Direction: Entering 2025, GBTI is focused on digital onboarding via "GBTI Start," automated VISA reloads, and innovative solutions like Invoice Financing and the first Mastercard Debit.
GBTI makes life so much easier with GBTI Online (GO) banking and easy access to over 28 ATM locations and Point of Sale Service at more than 235 merchants across Guyana. Our large network of correspondent banks facilitates reliable and efficient international business transactions including Electronic Payments, Foreign Currency Drafts, Cambio facilities, Foreign Currency Accounts, Letters of Credit and Bills of Collection among others.