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BMO Bank of Montreal Decreases CDN$ Prime Lending Rate to 2.70 per cent

TORONTO, ONTARIO--(Marketwired - July 15, 2015) - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 2.85 per cent to 2.70 per cent, effective July 16th, 2015.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $633 billion as of April 30, 2015, and more than 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.

For further information:
Media Contacts:
Matthew 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