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 protected]