The Joy of Giving at Christmas pays off for CIBC customers at Easter

The three winners of the CIBC Caribbean Joy of Giving Christmas Competition are wasting no time making plans for their prizes.

“I plan to use this prize, along with what I had put aside to start my business.”

“I have no idea what I will do with my prize as yet, but I plan to put it in my savings and use it wisely.”

“I have a project that I am working on but I had to [put a] hold on it; with this prize, I can start it going again.”

These were the sentiments of Diquone Roberts, Waynel Lynch and Dwayne Hood, who won the Barbados segment of the regional competition which took place in nine of the bank’s ten territories.

The three were randomly selected from the hundreds of clients of the bank who were automatically entered in the competition after taking out a mortgage or a personal loan or a loan for car or land during the October 2024 to January 2025 period.

Explaining why the Joy of Giving Competition was coming to a climax so close to Easter, the bank’s new Head of Country for Barbados, Kemar Polius said: “As you are aware, the process to onboard a land loan or a mortgage involves external parties including valuers and attorneys, so to give our land loan and mortgage clients an equal opportunity for eligibility, it was necessary to delay the draw by a few weeks.”

The competition gave clients an opportunity to win $3 000, $5 000 or $10 000 in cash when they took out a loan from the bank and their eligibility was confirmed when the loan was approved.

The lucky Barbados winners were invited to a short ceremony at the bank where they saw three bank cards on stands. Individually, they were invited to pick one of the cards and remove the sticker on the back to reveal the hidden value.

Hood won a $3 000 cash prize, and Lynch and Roberts both pulled $10 000 prizes.

(PR/BT)