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BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 3.45 Per Cent

TORONTO, Jan. 17, 2018 /CNW/ - BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 3.20 per cent to 3.45 per cent, effective January 18, 2018.

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider – the 8th largest bank, by assets, in North America. With total assets of $710 billion as of October 31, 2017, and more than 45,000 employees, BMO provides a broad range of personal and commercial 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.

SOURCE BMO Financial Group

For further information: Media Contacts: Matthew Duffin, Toronto, matthew.duffin@bmo.com, (416) 867-3996; Valerie Doucet, Montreal, valerie.doucet@bmo.com, (514) 877-8224; Web: www.bmo.com; Twitter: @BMOmedia

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