CIBC Retail Markets

CIBC Retail Markets

CIBC Retail Markets is the retail banking division of the Canadian Imperial Bank of Commerce. It offers savings and loan services for personal and business customers. CIBC Retail Markets is currently headed by Sonia A. Baxendale, Senior Executive Vice-President.

This unit is responsible for retail banking operations in Canada and one of the stronger performing units within CIBC.

Statistics

*1,106 branches
*4,421 ABM's
*9,000,000 individual customers
*4,265,000 online users
*400,000 corporate customers
*$535 million profit in 2003

Services

Services from Retail Markets:

* Branch banking
* Telephone banking
* Credit Card Services
* Online banking
* ABMs
* Private banking
* Co-branded retail electronic banking business, President's Choice Financial, a co-venture with Loblaw Companies Limited.

External links

* [http://www.cibc.com/ca/pdf/investor/annual-report-03.pdf CIBC annual report 2003]


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