CHICAGO, Sept. 21,
2022 /PRNewswire/ - BMO Financial Group announced
today that it is increasing its US$ prime lending rate from 5.50
percent to 6.25 percent, effective September
22, 2022.
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 $1.07 trillion as of July 31, 2022, 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.
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SOURCE BMO Financial Group