Global Finance's 9th annual World's Best Internet Banks in North America
    competitionTORONTO, Nov. 6 /CNW/ - CIBC (CM: TSX;NYSE) is the "Best Consumer
Internet Bank" in Canada and has the "Best Online Consumer Credit Site" in
North America, according to Global Finance magazine in its 9th annual "World's
Best Internet Banks" competition.
    CIBC was selected for these awards based on the strength of its strategy
for attracting and serving online clients; success in getting clients to use
web offerings; growth of online client base; breadth of product offerings;
evidence of tangible benefits gained from Internet initiatives; and web site
design and functionality.
    "Our clients bank online more and more because it's convenient and
accessible anywhere on the globe 24/7," said Christina Kramer, Executive
Vice-President, Distribution Services for CIBC Retail Markets. "This top
ranking in Canada by Global Finance clearly reflects our focus and investment
in providing our clients with the best online service."
    "In less than a decade, the Internet has transformed the way many
consumers and most businesses bank," says Joseph D. Giarraputo, Publisher of
Global Finance. "The continuing improvements in online offerings represented
by this year's entries show that more significant Internet banking
developments are still ahead of us."
    This is the second time this year that the quality of CIBC's public
website has been recognized. In April, www.cibc.com received the highest score
in an independent competitive site assessment by Forrester Research Inc of the
public websites of Canada's seven largest banks and credit unions. CIBC topped
Forrester's rankings for the website's strong presentation and for having a
leading credit card site for shoppers.

    Global Finance, which celebrates its 21st year of publishing in 2008, has
50,000 subscribers and more than 284,000 readers in over 158 countries. This
audience includes chairmen, presidents, CEOs, CFOs, treasurers, and other
financial officers responsible for making investments and strategic business
decisions for large global companies and financial institutions. Global
Finance also targets the 8,000 key portfolio investors who control over 80% of
all assets under professional management.

    CIBC is a leading North American financial institution with nearly
11 million personal banking and business clients. CIBC offers a full range of
products and services through its comprehensive electronic banking network,
branches and offices across Canada, in the United States and around the world.
You can find other news releases and information about CIBC in our Press
Centre on our corporate website at www.cibc.com.