Skip navigation
    Canada
    Canada
    Flag of the United States of America
    US, link
    Flag of People's Republic of China
    China, link
    • English
    • English
    • Français, lien
    • Français, lien
    • 简体中文, link
    • 繁體中文, link
      Canada
      Canada
      Flag of the United States of America
      US, link
      Flag of People's Republic of China
      China, link
      • English
      • English
      • Français, lien
      • Français, lien
      • 简体中文, link
      • 繁體中文, link
      News Releases Signup for News Alerts Media Contacts Executive Bios Corporate Fact Sheet BMO Expert Insights
      Navigation skipped

      News Releases

      BMO Bank of Montreal Decreases CDN$ Prime Lending Rate to 2.85 per cent

      TORONTO, ONTARIO--(Marketwired - Jan. 27, 2015) - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 3.00 per cent to 2.85 per cent, effective January 28, 2015.

      About BMO Financial Group

      Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had total assets of $589 billion and more than 46,000 employees at October 31, 2014.

      For further information:
      Media Contacts:
      Matt Duffin, Toronto
      (416) 867-3996
      matthew.duffin@bmo.com

      Valerie Doucet, Montreal
      (514) 877-8224
      valerie.doucet@bmo.com
      Internet: www.bmo.com
      Twitter: @BMOmedia