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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