(October 4 – 13:00 ET) – CIBC
is expanding its services for
business customers. Like
Scotiabank,
CIBC will now offer Internet-based
service for small business
customers.

Through CIBC Business Banking,
clients will now have the option
to manage financial operations
through an electronic environment.
These e-tools will enable cash-flow
analysis and report
customization.

“The addition of services to
CIBC Business Banking is key since
it extends the success we have
already had with PC Banking and
with the initial release of CIBC
Business Banking. This latest
offering establishes our track
record in the critical business-to-
business e-commerce marketplace,”
said David Marshall, vice-chairman,
Electronic Commerce for CIBC, in a
prepared statement.

–IE Staff