Le Lézard
Classified in: Business, Covid-19 virus
Subjects: CSR, PSF, SCZ

CIBC announces additional measures to support seniors, our team, and the community during COVID-19


TORONTO, March 24, 2020 /CNW/ - As the impacts of COVID-19 continue to be felt across our communities, CIBC (TSX: CM) (NYSE: CM) today announced further proactive measures to help clients, team members, and community organizations.

Specific measures include:

For clients:

For our team:

"We are incredibly proud of our team who are providing a vital service to our clients with professionalism and purpose," said Sandy Sharman, Senior Executive Vice-President of Purpose, Culture and Brand. "Introducing additional relief for team members who need to be at work to help clients, and adding flexibility with more paid time off will help our team take care of our clients and take care of themselves as we work through this challenging period together." 

For our Communities:

Recognizing the vital work done by charities to support our local communities, and the urgent need to help these organizations at a time when normal fundraising activities are disrupted, CIBC announced $750,000 in charitable contributions last week, in response to the urgent need for aid, to be distributed to the following organizations:

"Charities and community organizations are literally a lifeline for many of our friends and neighbours in a time like this, and we have allocated our corporate donation to the causes that are essential right now to ensure we stay strong together," added Ms. Sharman.

About CIBC

CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

SOURCE CIBC


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News published on 24 march 2020 at 13:13 and distributed by: