BMO Decreases CDN$ Prime Lending Rate to 4.95 Per Cent

TORONTO , March 12, 2025 /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 5.20 per cent to 4.95 per cent, effective March 13, 2025 .

About BMO Financial Group

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States , and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life , BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

SOURCE BMO Financial Group

View original content: http://www.newswire.ca/en/releases/archive/March2025/12/c8790.html