Financial Management Solutions
BMO Decreases CDN$ Prime Lending Rate To 4.70 Per Cent
Share
TORONTO, Sept. 17, 2025 /CNW/ - BMO Bank of Montreal today announced that it is decreasing its CDN$ prime lending rate from 4.95 per cent to 4.70 per cent, effective September 18, 2025.
About BMO Financial Group
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of July 31, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
SOURCE BMO Financial Group
Frequently Asked Questions
What is BMO's new prime lending rate?
The new CDN$ prime lending rate is 4.70%, effective September 18, 2025.
What services does BMO provide?
BMO offers personal and commercial banking, wealth management, global markets, and investment banking products and services.
How many customers does BMO serve?
BMO serves 13 million customers across Canada, the United States, and select markets globally.
First published on Wed, Sep 17, 2025
Liked what you read? That’s only the tip of the tech iceberg!
Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!
Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.
Dive into TechDogs' treasure trove today and Know Your World of technology like never before!
Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.
Trending PR Newswire
SKF Reorganizes Its Operations In Argentina By Discontinuing Production At Tortuguitas Plant
BC Tech Announces 2025 Technology Impact Awards Winners; Celebrates Outstanding Innovation And Leadership
Geely Debuts EX5 In The UK, Driving Its Expansion Into Europe's Rapidly-Growing EV Segment
Iron Software Launches $10,000 Developer Writing Contest As Federal Agencies Adopt .NET Solutions For C# Create PDF Workflows
Joget Unlocks Autonomous Productivity Across HR, Procurement, Customer Service, And Supply Chain With No-Code AI Agent Builder
Join Our Newsletter
Get weekly news, engaging articles, and career tips-all free!
By subscribing to our newsletter, you're cool with our terms and conditions and agree to our Privacy Policy.
Join The Discussion