TORONTO, ONTARIO--(Marketwired - April 27, 2015) - BMO Financial Group today announced that it will contribute $25,000 to the Red Cross for its Nepal Region Earthquake Fund.
"All of us at BMO are deeply saddened by the devastation resulting from the earthquake in Nepal," said Bill Downe, Chief Executive Officer, BMO Financial Group. "The scale of this tragedy is massive, and the humanitarian relief need is great. We are trying to help facilitate donations."
Those wishing to make a contribution to the Red Cross can do so at BMO Bank of Montreal branches across Canada. As well, in order to assist customers who wish to send drafts or fund transfers directly to relatives or other affected individuals or agencies in Nepal, BMO Bank of Montreal is waiving fees related to these transactions.
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 approximately $672 billion as of January 31, 2015, and more than 46,000 employees.