DETERMINED BAHAMAS STUDENTS GIVEN FINANCIAL SUPPORT FROM REGIONAL BANK CIBC FIRSTCARIBBEAN

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Bridgetown, September 30, 2019Despite many of them losing their homes and all their possessions, about twenty final year students from the hurricane-ravaged Abacos Islands and Grand Bahama are determined to complete their studies.

Mere days after Hurricane Dorian flattened their homes and entire communities they traveled back to Barbados to continue their studies at The University of the West Indies, Cave Hill campus, some with no more than a few personal items.

The University has embarked on an outreach programme designed to help students from the hurricane-ravaged communities with financing for basic necessities, purchase of text books and psychological counselling while on a broader scale, it will be allowing a deferral of tuition.

CIBC FirstCaribbean through its charitable arm, FirstCaribbean ComTrust Foundation recently made a presentation of USD$10 000 to the campus to assist the students.

Trustee of the Foundation and Managing Director, Retail and Business Banking at CIBC FirstCaribbean Mark St. Hill in making the presentation to the President of the Bahamas Student Association, Tamika Roberts and the campus’ Business Development Officer, Sonia Johnson, said the bank was happy to assist the students to help them complete their studies.

“Investing in these students is investing in their future and we are hopeful that this support will give them the encouragement to press on even though it will be hard,” Mr. St. Hill said.

Ms. Roberts thanked the bank for the support “on behalf of all Bahamian students and those who are directly affected. It is because of your company that we will be able to finish our studies.” She said most of the affected students were “A-students” from the faculties of law and medicine, including the top performing male and female students

She said the students, some of whom still have relatives missing, all “took that leap of faith to still come back not knowing what we would be up against”. She was full of praise for the University for what it is doing to drum up support for the students.

Ms. Johnson also thanked the bank for being the first to respond to appeals for assistance for the students. “We are so grateful that you have been the first to respond. We have been receiving support in cash and kind as we try to give the students support for the rest of the year.

She said there are about 77 Bahamian students registered at Cave Hill and of that number, 17 to 20 were directly impacted by the hurricane. Of those affected, the majority are from Freeport, Grand Bahama and two from the Abacos Islands.

CAPTIONS: CIBC FirstCaribbean’s Managing Director, Retail and Business Banking Mark St. Hill (right) making the presentation to Tamika Roberts, President of the Bahamas Students Association (centre) while Business Development Officer at UWI Cave Hill, Sonia Johnson shares in the moment.

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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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