CIBC First Caribbean is determined to give back to those for whom this sentiment might not be true, and for those whom the Christmas spirit may be thwarted by difficult circumstances.
In its ongoing Christmas campaign, the Bank has made a pledge to distribute one percent of net retail sales made on its suite of Visa Classic and Visa Gold credit card products to charities in each of 15 countries across the Caribbean.
In Dominica, the President’s Charities Foundation Incorporated has been adopted as that special charity. The President’s Charities Foundation Inc. is a registered nonprofit organization founded by His Excellency Dr. Nicholas J. O. Liverpool, President of Dominica, with its prime purpose of raising funds for distribution among charitable organizations in the society.
The Foundation was formally incorporated in July 2006 and has from the year 2004 been involved in the hosting of the President’s Charities Foundation Dinner and Dance to raise funds for constructive and worthwhile social and community oriented projects and organizations or individuals throughout Dominica. The foundation also hosts a Christmas party for underprivileged children between the Ages of 5 and 12 from various parts of the Island. While the Foundation always welcomes donations from the community, CIBC First Caribbean wants to make sure that its pledge is extra special.
Deputy Chairman of the foundation Mr. Antoine Raffoul expressed profound thanks to the Bank for what he called its thoughtfulness in adopting the Foundation as the recipient of the banks generous offer. He said that the money will augment the amount given to the various organizations which benefit from the President’s foundation.
According to Managing Director of Retail Banking of CIBC First Caribbean, Rolf Phillips, the decision was an easy one that is in synch with the Bank’s continued commitment to a wide range of educational, humanitarian, youth development and entrepreneurship programmes that benefit a wide cross-section of people across the region.
Country Head Paul Frampton stated that the Bank had a special affiliation with the President’s Charities Foundation Inc. and was always keen on supporting this very special cause.
The Christmas campaign will climax on December 31st 2011 and thereafter the funds will be transferred.
Dominica Vibes News
