CIBC FIRSTCARIBBEAN CONTINUES TO RAISE AWARENESS ON THE IMPORTANCE OF HOMEOWNERSHIP

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Prospective homeowners, as well as those with homes already, turned up for the session to discover financing and credit options geared towards helping them meet their homeownership or expansion goals. Mortgages, loans, and even a no credit credit card were discussed, helping individuals understand their finances and what they really mean.

Mr. Arundell Dore, Sales Specialist at CIBC FirstCaribbean provided guidance on the special financing opportunities available at the bank while the other featured speakers touched on a myriad of related topics including land ownership, design and construction and the law related to home mortgages.

The session featured Mrs. Veronique Pemberton, Assistant General Manager, Nevis National Housing and Land Development Corporation; Mr. Joel Williams, Director Physical Planning; Mr. Daymon Parris, Architect, Tranquil Designs; Mr. Michael Perkins, Engineer and Mr. Brian Barnes, Attorney, Daniel Brantley and Associates. Additionally Mr. Colin Tyrell gave opening remarks on behalf of the NIA.

The eventwas moderated by Ms. Claudelle Gumbs,Retail Business Support Officer at CIBC FirstCaribbean, who noted that it was “essential that we open a dialogue with first-time buyers as well as seasoned buyers.”

She added”overall the seminar was well executed and the information shared was well received among attendees. The feedback was very positive and persons have been engaging us for more information.”

CIBC FirstCaribbean operates twobranches in St. Kitts & Nevis. Members of thegeneral public are welcomed to visit the Charlestown and Basseterre branches for further information.

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 that fit our customers’ lives through approximately 3,000 employees in 68 branches and offices. We are one of the largest regionally listed financial services institutions in the English and Dutch speaking Caribbean, with over US$11 billion in assets and market capitalization of US $2 billion.  We also have an office in Hong Kong. The face of banking is changing throughout the world and CIBC FirstCaribbean intends to lead these changes with the expertise, integrity and knowledge gained from banking in the Caribbean since 1836.

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.

Media contact:

Debra King, Director of Corporate Communications, CIBC FirstCaribbean, Barbados Head Office; telephone: 246 367 2248; fax: 246 421 7148 and email: debra.king@cibcfcib.com.

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