{"id":824970,"date":"2025-03-12T14:44:39","date_gmt":"2025-03-12T18:44:39","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-decreases-cdn-prime-lending-rate-to-4-95-per-cent\/"},"modified":"2025-03-12T14:44:39","modified_gmt":"2025-03-12T18:44:39","slug":"bmo-decreases-cdn-prime-lending-rate-to-4-95-per-cent","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-decreases-cdn-prime-lending-rate-to-4-95-per-cent\/","title":{"rendered":"BMO Decreases CDN$ Prime Lending Rate to 4.95 Per Cent"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">TORONTO<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 12, 2025<\/span><\/span> \/CNW\/ &#8211; BMO Bank of <span class=\"xn-location\">Montreal<\/span> today announced that it is decreasing its CDN$ prime lending rate from 5.20 per cent to 4.95 per cent, effective <span class=\"xn-chron\">March 13, 2025<\/span>.<\/p>\n<p>\n        <b>About BMO Financial Group<\/b>\u00a0<\/p>\n<p>BMO Financial Group is the eighth largest bank in\u202fNorth America\u202fby assets, with total assets of\u202f$1.5 trillion as of\u202fJanuary 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across\u202fCanada,\u202fthe <span class=\"xn-location\">United States<\/span>, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good\u202f<i>in business and life<\/i>, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.<\/p>\n<p>SOURCE  BMO Financial Group<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C8790&amp;Transmission_Id=202503121441CANADANWWEB______C8790&amp;DateId=20250312\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire TORONTO , March 12, 2025 \/CNW\/ &#8211; BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 5.20 per cent to 4.95 per cent, effective March 13, 2025. About BMO Financial Group\u00a0 BMO Financial Group is the eighth largest bank in\u202fNorth America\u202fby assets, with total assets of\u202f$1.5 trillion as of\u202fJanuary 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across\u202fCanada,\u202fthe United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good\u202fin business and life, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-decreases-cdn-prime-lending-rate-to-4-95-per-cent\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;BMO Decreases CDN$ Prime Lending Rate to 4.95 Per Cent&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-824970","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BMO Decreases CDN$ Prime Lending Rate to 4.95 Per Cent - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bmo-decreases-cdn-prime-lending-rate-to-4-95-per-cent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BMO Decreases CDN$ Prime Lending Rate to 4.95 Per Cent - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TORONTO , March 12, 2025 \/CNW\/ &#8211; 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\u00a0 BMO Financial Group is the eighth largest bank in\u202fNorth America\u202fby assets, with total assets of\u202f$1.5 trillion as of\u202fJanuary 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\u202fCanada,\u202fthe United States, and in select markets globally. 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About BMO Financial Group\u00a0 BMO Financial Group is the eighth largest bank in\u202fNorth America\u202fby assets, with total assets of\u202f$1.5 trillion as of\u202fJanuary 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\u202fCanada,\u202fthe United States, and in select markets globally. 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