An anonymous director reports

BMO DECREASES US$ PRIME LENDING RATE TO 8.00 PERCENT

Bank of Montreal is decreasing its U.S.-dollar prime lending rate from 8.50 per cent to 8.00 per cent, effective Sept. 19, 2024.

About Bank of Montreal

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 market, and investment banking products and services to 13 million customers across Canada, across 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.