In a display of the bank’s dedication to education for all, CIBC FirstCaribbean donated to two charities aimed at providing schooling for non-traditional learners. CIBC First Caribbean awarded The PACE Foundation school for unwed teenage mothers, and Project Read Bahamas, an adult literacy programme, with monetary gifts to contribute to the work the organisations do in giving second chances to un-conventional and disadvantaged students.

The gifts are courtesy of the company’s International Comtrust Foundation, a Caribbean-wide initiative which ensures that 1% of the Bank’s profits reach important causes, which may be nominated by local employees. Education is a major component of CIBC First Caribbean’s four-pronged social impact policy which also promotes health & wellness, staff volunteerism, and environmental causes.

About CIBC FirstCaribbean

CIBC FirstCaribbean is the largest, regionally-listed bank in the English and Dutch speaking Caribbean serving over 500,000 accounts in 17 markets, through 3,000 staff, across 100 branches and offices.

The bank offers a full range of market-leading financial services in: Corporate and Investment Banking, Treasury Sales and Trading, Retail Banking, Wealth Management, Small Business and Credit Cards.

CIBC FirstCaribbean is a member of the CIBC Group. CIBC (TSX, NYSE: CM) is a leading North American financial institution serving clients in Canada and around the world. Through three distinct business lines, Retail and Business Banking, Wealth Management and Wholesale Banking, CIBC provides a full range of products and services to almost 11 million individual, small business and commercial banking clients and meets the financial needs of corporate and institutional clients. CIBC is rated A+/Stable/A-1 by Standard & Poor's.

For more information about CIBC FirstCaribbean, visit www.cibcfcib.com