Change Language | Region*
American flag

*Products and services featured on our websites are only available to residents of the selected country.

Set your homepage

HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO
<< Back to News Releases
BMO Bank of Montreal Increases CDN$ Prime Lending Rate to 3.95 Per Cent

TORONTO, Oct. 24, 2018 /CNW/ - BMO Bank of Montreal today announced that it is increasing its CDN$ prime lending rate from 3.70 per cent to 3.95 per cent, effective October 25, 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 $765 billion as of July 31, 2018, and a team of diverse and highly engaged 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, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

For further information: Media Contact: Matthew Duffin, Toronto - matthew.duffin@bmo.com | 416-867-3996

Market Watch
As of
Last Change   
BMO TSX
BMO NYSE
TSX Comp
DJIA