News Releases
BMO Bank of Montreal today opened an expansive $1.5 million personal and commercial banking branch in Scarborough, at 1900 Eglinton Ave. East at Pharmacy Ave. The newly relocated 8,200 square-foot branch will be fuelled with clean, emission-free electricity and is easily accessible by car and public transit. The branch will offer financial services to its BMO customers in English, Arabic, Bengali, Cantonese, Chinese, Farsi, Filipino, French, Hindi, Mandarin, Punjabi, Parsi, Russian, Spanish, Tamil and Urdu.
The Eglinton and Pharmacy branch has a team of 25 banking professionals including seven financial services professionals, two financial planners, a commercial lender, an investment specialist, a mortgage specialist, and a BMO Nesbitt Burns Investment Advisor, who can help customers address their financial needs, including wealth management, estate planning and insurance.
“ Our customers will be pleased to know that all of our friendly, knowledgeable staff, who have been serving the community for the past 50 years, have moved to the new location where they will continue to help them make the right decisions with their money and clarify any of their financial plans,” said Ray Abi-Abdallah, Branch Manager, BMO Bank of Montreal.
BMO also announced that the branch will receive its electricity from Bullfrog Power, which provides homes and businesses in Ontario and Alberta with electricity generated from clean, renewable sources like wind power and low-impact hydro. BMO has purchased 5,000 Megawatt Hours per year of clean, emission-free electricity from Bullfrog Power.
“Plus if you're one of the millions of AIR MILES collectors in Canada, we have another reason for you to bank with BMO,” said Alex Dousmanis-Curtis, Senior Vice President, Greater Toronto Area Division, BMO Bank of Montreal. “No other bank can help you collect faster and redeem quicker because we are the only major financial institution that rewards debit and credit card purchases, including online purchases, with access to a comprehensive choice of more than 800 reward and travel options,” added Ms. Dousmanis-Curtis.
The Eglinton and Pharmacy branch features:
- A BMO Nesbitt Burns Investment Advisor;
- Commercial banking services including cash management and lending;
- A highly experienced team of personal banking professionals with mortgage, financial planning and investment expertise;
- Offices where clients can have meaningful financial discussions in private;
- Ample parking facilities for BMO customers;
- Full wheelchair accessibility; and
- Three Instabank Extra automated banking machines (ABMs), including a drive-through ABM.
- Extended hours of operation: Monday to Friday from 9:30 a.m. to 7:00 p.m.; Saturday from 9:00 a.m. to 3:00 p.m.
BMO Bank of Montreal operates 159 full-service branches and 17 InStore branches in the Greater Toronto Area.
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