Canada NewsWire
TORONTO , July 24, 2024 /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 6.95 per cent to 6.70 per cent, effective July 25, 2024 .
About BMO Financial Group
BMO Financial Group is the eighth largest bank in
North America
by assets, with total assets of
$1.4 trillion
as of
April 30, 2024
. 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 over 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/July2024/24/c8546.html