BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 6.70 Per Cent
26 January 2023 - 6:53AM
PR Newswire (Canada)
TORONTO, Jan. 25,
2023 /CNW/ - BMO Bank of Montreal today announced that it is increasing
its CDN$ prime lending rate from 6.45 per cent to 6.70 per cent,
effective January 26, 2023.
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.
SOURCE BMO Financial Group
Copyright 2023 Canada NewsWire
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