BMO Decreases CDN$ Prime Lending Rate to 5.95 Per Cent
October 23 2024 - 2:49PM
PR Newswire (Canada)
TORONTO, Oct. 23,
2024 /CNW/ - BMO Bank of Montreal today announced that it is decreasing
its CDN$ prime lending rate from 6.45 per cent to 5.95 per cent,
effective October 24, 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 July 31, 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 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
Copyright 2024 Canada NewsWire
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