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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