Skip navigation
    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

    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