From right to left: Mr. Stephen Lander: Manager  Retail Banking and Operations, CIBC FirstCaribbean International; Honourable Peeter Seanjean:  Minister of Education & Human Resource Development; Marcella Powell: Permanent Secretary in the Ministry of Education & Human Resource Development

Stephen Lander, Manager of Retail Banking and Operations, CIBC FirstCaribbean International Bank presents check to Petter Saint Jean, Minister of Education & Human Resource Development

CIBC FirstCaribbean International Bank has donated $50,000.00 toward the construction of a core house to accommodate students at the Sineku Primary School.

Students there were displaced as a result of extensive damage to classroom facilities during the passage of Tropical Strom Erika.

The Honourable Petter St Jean, Minister of Education and Human Resource Development, and Marcela Powell, Permanent Secretary in the Ministry of Education and Human Resource Development, accepted the donation on behalf of the Government of the Commonwealth of Dominica (GOCD).

Mr. Stephen Lander, Manager Retail Banking and Operations at CIBC FirstCaribbean, noted that corporate social responsibility is a major pillar of the Bank’s strategic focus and that it is firmly committed to the education and advancement of Dominica’s youth. It was therefore natural for the bank to contribute in a tangible way to the effort to return the educational system to normalcy post Tropical Storm Erika.

Mr. Lander also observed that ease of access to, and cost of credit, will be critical to Dominica’s economic recovery following the storm. He encouraged existing and potential customers to take advantage of the Bank’s low rate campaign, under which qualifying customers can secure mortgage loans at 5.9% per annum, land loans at 6.5% per annum, and vehicle loans at 7% per annum.

The Honourable Petter St Jean lauded the bank for allocating resources toward the construction project, and continuing the long-standing public/private partnership which exists between the state and the Bank. The minister emphasized the importance of human resource development to the advancement of Dominica, and the critical role of early education in that regard. As such, he commended the Bank’s historic and current efforts to support the educational system and invited continued partnership in the future.