CIBC Announces New Apple Watch App

Mobile banking app for Apple Watch enhances the banking experience for clients on the go

CALGARY, April 23, 2015 /CNW/ - At CIBC's 148^th Annual General Meeting, the bank today announced the launch of its new CIBC Mobile Banking app for Apple Watch. Delivering this new way to bank continues CIBC's track record of putting banking innovations into the hands of our clients.

"Today's announcement reflects our focus on delivering the flexibility our clients expect in their day-to-day banking, and gives them even more options to bank when, where and how they want," said Victor Dodig, President and CEO, CIBC. "Canadians are changing the way they bank, and we're committed to being at the forefront of the next evolution in the Canadian banking market."

The new CIBC Mobile Banking Apple Watch app will allow clients to:

• Check their account balance at a Glance
• Transfer funds between accounts
• Review recent transactions
• Find their nearest CIBC branch or ATM and get directions to it on their watch

CIBC Mobile Banking is already recognized as best in class, having been recognized by Forrester Research, Inc. with the top overall ranking for mobile banking functionality in Canada among the big 5 banks evaluated in the 2014 Canadian Mobile Banking Functionality Benchmark report. Adding the CIBC Mobile Banking App for Apple Watch gives CIBC clients another option to bank when, where and how they want.

CIBC's track record for innovation includes being the first bank to deliver a mobile banking app in 2010 on the iPhone, delivered a first of its kind mobile payments app in 2012, and was first among the Big 5 to deliver eDeposit to clients in 2013, allowing them to deposit cheques simply by taking a picture with their mobile device.

The CIBC Mobile Banking app for Apple Watch will be available in the Apple Watch App Store on April 24th. The CIBC Mobile Banking app for iPhone is available today from the App Store.

To learn more about this new way to bank, visit www.cibc.com/applewatch

About CIBC

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 Wholesale Banking - 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. You can find other news releases and information about CIBC on our corporate website at www.cibc.com/ca/media-centre/.

SOURCE CIBC

Image with caption: "CIBC Mobile Banking app for Apple Watch (CNW Group/CIBC)". Image available at: http://photos.newswire.ca/images/download/20150423_C9187_PHOTO_EN_43433.jpg

Image with caption: "CIBC Mobile Banking app for Apple Watch (CNW Group/CIBC)". Image available at: http://photos.newswire.ca/images/download/20150423_C9187_PHOTO_EN_43434.jpg