Bank also contributes $75,000 to the Canadian Red Cross appeal
TORONTO, July 6, 2021 /CNW/ - CIBC announced today financial relief, advice and support to clients and CIBC team members affected by the wildfires spreading across British Columbia. The bank has also donated $75,000 to the Canadian Red Cross to support immediate and ongoing relief efforts and assistance for the Lytton, B.C. community.
"Our thoughts are with our clients and team members who have been impacted by the immense damage caused by the wildfires, " says Paulo Brazinha, Senior Vice-President and Region Head, British Columbia Banking Centres, CIBC. "We want you to know we are here to support you during this extremely difficult time."
CIBC will offer solutions to clients and team members who have been impacted, including:
- Flexible CIBC credit card bill monthly payment options
- Re-amortizing mortgages to lower interest rate temporarily
- Special payment arrangements and deferrals on loans and lines of credit
- Conversion of Aventura® points into cash payment for applicable credit cards
- Debt consolidation for more manageable payment
For extended offers for unforeseen situations, clients are encouraged to call 1-888-997-0929 to speak with a CIBC team member.
CIBC calls on Canadians to show their support by making a donation to the Canadian Red Cross online.
CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and 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/en/about-cibc/media-centre.html.