The Canadian Imperial Bank of Commerce (CIBC) and its digital banking subsidiary Simplii Financial are prominent players in the global banking sector. As of recent rankings, CIBC is among the top 50 largest banks globally by assets, often placed between 40th and 50th. It holds a strong position in North America, consistently ranking within the top 10 in Canada.
Simplii, as an online-only service, doesn’t feature separately in global rankings but benefits from CIBC’s infrastructure. Both entities are recognized for customer service and innovation, though exact rankings vary yearly based on financial performance and market conditions.
