CIBC pushes forward

Canadian Imperial Bank of Commerce is out to win new customers amid a period of internal culture change under Victor Dodig, who took over as chief executive last year.

An article in the Globe and Mail says that the bank, once the second-largest lender in Canada, has faced some struggles but that it is now powering forward. Having worked on creating internal harmony, the bank is set to push for more business.

Its mortgage portfolio grew in the third quarter of 2015 to $159 billion with its CIBC-branded home loans increasing by 15%.

Head of retail banking David Williamson has expressed the bank's intention to continue the roll-out of mobile mortgage advisors and expand the product range that they can offer.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?