Skip navigation
Support
Branches
Appointment
    Canada
    Canada
    Flag of the United States of America US
    News Releases Signup for News Alerts Media Contacts Executive Bios Corporate Fact Sheet BMO Expert Insights
    Navigation skipped
    About BMO

    News Releases

    BMO Bank of Montreal Lowers CDN$ Prime Lending Rate to 2.25 Per Cent

    TORONTO, April 21, 2009 – BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 2.50 per cent to 2.25 per cent, effective April 22, 2009.

    “At BMO, we believe that any qualified borrower should be able to get a loan, and we're pleased to pass on these savings to our customers,” said Frank Techar, President and CEO, Personal and Commercial Banking Canada, BMO Financial Group.

    - 30 -