TORONTO, April 27, 2015 /CNW/ - CIBC (TSX: CM) (NYSE: CM) announced today it is donating $50,000 to the
Canadian Red Cross to assist with relief efforts in Nepal, following
the devastation caused by the recent earthquake.
"The earthquake in Nepal has created an urgent need for aid and support
across the region," said Sharon Mathers, Senior Vice-President, CIBC.
"In the wake of this disaster, we are joining our clients and employees
in supporting relief efforts through the Canadian Red Cross."
This week, CIBC branches across the country will also be joining the
relief effort by accepting donations from clients on behalf of the
Canadian Red Cross.
CIBC is committed to supporting causes that matter to our clients,
employees and our communities. We aim to make a difference in
communities through corporate donations, sponsorships and the volunteer
spirit of employees. With a strategic focus on Kids, Cures and
Community, and employee commitment to causes including the Canadian
Breast Cancer Foundation CIBC Run for the Cure, the CIBC Children's
Foundation and United Way, we are investing in the social and economic
development of communities across the country. In 2012, CIBC group of
companies contributed more than $38 million to charitable and
non-profit initiatives in Canada to support national, regional and
local organizations. To learn more, visit www.cibc.com.
For further information:
Caroline Van Hasselt, Director, External Communications and Media Relations, 416-784-6699 or email@example.com