Canada NewsWire
TORONTO, March 21, 2022
TORONTO, March 21, 2022 /CNW/ - CIBC today announced that it is furthering its support for Ukrainians by increasing its financial contribution to a total of $500,000 for humanitarian relief efforts in Ukraine and enhancing support for the immediate needs of refugees seeking to resettle in Canada, including housing, food, clothing, employment and other necessities.
"Ukrainians desperately need our help during this time of crisis, both those who are at risk as a result of the situation in Ukraine, and those who are resettling in Canada with their families," said Victor Dodig, President and CEO of CIBC. "The global community has opened their hearts and homes to the innocent people fleeing Ukraine and our bank is committed to providing real help to them both today and over the long term."
As in other crisis situations involving Syrian and Afghan refugees, CIBC is providing both financial and on the ground support:
Financial Support:
Resettlement Support for Refugees:
Beyond financial support, CIBC is focused on helping Ukrainians who are leaving the country to resettle in Canada and is partnering with various organizations to provide:
"We're working closely with our local community partners to provide the support they need as they work to meet the immediate needs of Ukrainians both at home and abroad," added Mr. Dodig.
About CIBC
CIBC is a leading North American financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, 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.
SOURCE CIBC
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