Caribbean

CIBC FIRSTCARIBBEAN DONATES USD$750,000 TO PURCHASE NEEDED COVID-19 VACCINES Donation will help ten countries across the region; USD$250 000 for staff vaccines

CIBC FIRSTCARIBBEAN DONATES USD$750,000 TO PURCHASE NEEDED COVID-19 VACCINES  Donation will help ten countries across the region; USD$250 000 for staff vaccines

Bridgetown, Barbados, 5th March 2021 – Ten countries across the region will get a major boost to their Covid-19 vaccination programmes as a result of a USD$500, 000 donation from regional bank CIBC FirstCaribbean.

The donation to national vaccination programmes is being made by the bank through its charitable arm the FirstCaribbean International ComTrust Foundation, and will support the purchase of vaccines in Antigua, Bahamas, Barbados, Dominica, Grenada, Jamaica, St. Kitts, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago.

Additionally, the bank is providing separate contribution of USD$250,000 to cover the cost of vaccinating members of its 2 500 staff who wish to avail themselves of the vaccine in those countries, bringing its total contribution to the regional vaccination effort to USD$750,000.

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Chief Executive Officer of the bank and Chair of the foundation Ms. Colette Delaney in announcing the donation said, “vaccination remains one of the key weapons in the arsenal against Covid-19 and we are delighted to assist governments and public health officials in ensuring that everyone who wants the vaccine can have access to it”.

She said the global community and medical experts have made great strides in the past year in response to the COVID-19 virus and they noted that an effective vaccine was “critical to protect individuals, families and communities and re-open our economies”.

The CEO noted that public health officials “advise that as many people as possible must be vaccinated to achieve a level of immunity that makes the spread of the virus from person to person unlikely. As a result, the whole community becomes protected – not just those who are immune”.

Ms. Delaney praised the “brave men and women working on the frontlines all across the region to stem the spread of the disease and now who are ensuring the smooth roll out of mass vaccination campaigns”.

She also praised the staff of the bank many of whom remain on the frontlines as well ensuring that clients and customers continue to have access to banking services even under very difficult circumstances.

This latest assistance to aid the COVID-19 fight in the region follows the bank’s donation last March of USD$250 000 spread across its 16-member regional footprint to assist health officials in purchasing testing supplies, Personal Protective Equipment (PPE) and other supplies.

About CIBC FirstCaribbean

CIBC FirstCaribbean is a relationship bank offering a full range of market leading financial services through our Corporate and Investment Banking, Retail and Business Banking and Wealth Management segments. We are located in sixteen (16) countries around the Caribbean, providing the banking services through approximately 2,900 employees in 64 branches and offices. We are one of the largest regionally listed financial services institutions in the English and Dutch speaking Caribbean, with US$12 billion in assets and market capitalization of US$2 billion. We also have a representative office in Hong Kong providing business development, relationship management and fund administration.

CIBC FirstCaribbean is a member of the CIBC Group. CIBC is a leading Canadian-based global financial institution with 11 million personal banking and business clients. Through our three major business units – Retail and Business Banking, Wealth Management and Capital Markets – CIBC offers a full range of products and services through its comprehensive electronic banking network, branches and offices across Canada with offices in the United States and around the world.

For more information about CIBC FirstCaribbean, visit www.cibcfcib.com , Facebook, Twitter , LinkedIn, Instagram or YouTube.

 

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