BMO Financial Group Increases US$ Prime Lending Rate to 7.00 Percent
November 02 2022 - 3:30PM
PR Newswire (US)
CHICAGO, Nov. 2, 2022
/PRNewswire/ - BMO Financial Group today announced that it is
increasing its US$ prime lending rate from 6.25 percent to 7.00
percent, effective November 3,
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
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