CIBC donates $50,000 to Canadian Red Cross for Hurricane Matthew relief efforts

TORONTO, Oct. 12, 2016 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced a $50,000 donation to the Canadian Red Cross to assist with relief efforts for those affected by Hurricane Matthew. The funds will be directed to areas most deeply impacted by the hurricane's devastation.

In response to the urgent need for aid and support, beginning today, CIBC is also accepting donations at all banking centres from coast-to-coast for the Canadian Red Cross Hurricane Matthew Appeal.

"Our thoughts are with all of those impacted by Hurricane Matthew," says Victor Dodig, President and CEO, CIBC.‎ "We are providing immediate support to help those in need and have mobilized our banking centres across the country to collect donations from Canadians wanting to help with the relief efforts."

Hurricane Matthew has left several Caribbean countries in very vulnerable conditions, with Haiti being the most affected. The Red Cross has positioned relief supplies, including blankets, tarpaulins, buckets and hygiene kits, to provide assistance to those most vulnerable in the affected areas. 

Donations can also be made directly to the Canadian Red Cross online at www.redcross.ca.

About CIBC

CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units - Retail and Business Banking, Wealth Management and Capital Markets - CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre/ or by following on Twitter @CIBC, Facebook (www.facebook.com/CIBC) and Instagram @CIBCNow.

SOURCE CIBC

For further information: Olga Petrycki, Director, Public Relations, olga.petrycki@cibc.com or 416-306-9760

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