BMO Financial Group Increases US$ Prime Lending Rate to 7.50 Percent
15 December 2022 - 07:58AM
PR Newswire (US)
CHICAGO, Dec. 14,
2022 /PRNewswire/ - BMO Financial Group today
announced that it is increasing its US$ prime lending rate from
7.00 percent to 7.50 percent, effective December 15, 2022.
About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial
services provider - the 8th largest bank, by assets,
in North America. With total assets of $1.14
trillion as of October 31, 2022, and a team of diverse
and highly engaged employees, BMO provides a broad range of
personal and commercial banking, wealth management and investment
banking products and services to 12 million customers and conducts
business through three operating groups: Personal and Commercial
Banking, BMO Wealth Management and BMO Capital Markets.
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SOURCE BMO Financial Group
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