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