CIBC FCIB Celebrates 10th Anniversary

Details

Banking

Monday, 15 October 2012 02:29

By press release

Antigua St. John's - CIBC FirstCaribbean International Bank is celebrating its 10th Anniversary. Management and staff of the bank in Antigua attended Divine Worship at the Ebenezer Methodist Church on St. Mary’s Street on Sunday 14th October.

“It is always very important to thank God, first and foremost for all our blessings and successes,” said Country Manager Michael Spencer. “CIBC FirstCaribbean has served Antigua & Barbuda and the Caribbean with distinction over the past 10 years and we intend to continue doing so. We are not just a bank that offers financial services but we have gotten intimately involved with the communities we serve. Our many social programmes, including our Unsung Heroes and Adopt A Cause programmes, are well known and respected around the Caribbean.”

CIBC FirstCaribbean is a major Caribbean bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Wealth Management, Credit Cards, Treasury Sales and Trading, and Investment Banking.  It is the largest regionally-listed bank in the English-and Dutch speaking Caribbean. The bank has over 3400 staff; 69 branches, 22 banking centres, and seven offices in 17 regional markets.

On October 14th, 2002, Barclays Bank PLC based in London, United Kingdom and Canadian Imperial Bank of Commerce (CIBC) based in Toronto, Canada combined their retail, corporate and offshore Caribbean banking operations and launched FirstCaribbean International Bank.

FirstCaribbean brought together two complementary and leading financial services businesses in the Caribbean, and the promise to offer customers enhanced products and improved and extended access to banking services. On December 22nd, 2006, CIBC became the majority shareholder in the organisation, now holding 91.5% of the bank’s shares in CIBC FirstCaribbean International Bank.

CIBC is a leading North American financial institution serving clients in Canada and around the world. It was recently named the strongest bank in North America and the third strongest bank in the world.

On June 20, 2011 the bank was co-branded under the CIBC banner, adopting the branding CIBC FirstCaribbean. The addition of CIBC to the FirstCaribbean brand emphasizes CIBC’s long-term commitment to the Caribbean region, employees and clients.

The brand combines the strength of two powerful organizations with CIBC FirstCaribbean representing the proud heritage and uniqueness of the Caribbean, backed by the financial strength of CIBC. Clients and employees across the Caribbean will continue to benefit from the long-term investment that CIBC is making in the Caribbean – a history that dates back to our first branches opened in 1836.

CIBC FirstCaribbean intends to play a key role in the growth and development of the region, its countries and its people.  As part of its corporate social agenda, CIBC FirstCaribbean contributes to hundreds of organizations at national, regional and local levels. The bank is committed to partnering with communities in the 18 countries in which it operates. Through the FirstCaribbean International Comtrust Foundation, CIBC FirstCaribbean International Bank dedicates 1% of its profits to community partnership causes each year.

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