BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank

BMO recognized as Best Private Bank, Best Commercial Bank and Best Retail Bank- BMO has achieved remarkable success once again, earning the prestigious titles of Best Private Bank and Best Commercial Bank in Canada from World Finance Magazine for an impressive 13th and 9th consecutive time, respectively. BMO has been named the Best Retail Bank in Canada for the second year in a row, in addition to being named the Best Private Bank and Best Commercial Bank in the United States for the first time ever.

The highly esteemed 2023 World Finance Banking Awards celebrate BMO's commitment to a digital-first strategy and its dedication to delivering unparalleled client experiences that surpass the evolving expectations of customers.

BMO has expanded its presence in the US

With its recent acquisition of Bank, BMO has expanded its presence in the United States, fortifying its cross-border connectivity and enhancing its ability to provide comprehensive banking experiences, encompassing everyday banking, investment solutions, and commercial banking products and services.

World Finance Banking Awards

These annual accolades bestowed by the World Finance Banking Awards recognize the achievements and best practices of industry leaders, exceptional individuals, exemplary teams, and distinguished organizations across various fields. The judging panel, comprising financial journalists along with the readers and subscribers of World Finance Magazine, carefully selects the winners and nominees.

Quotes

"We are delighted to be recognized for the 13th consecutive year for our excellence in Private Banking in Canada and are proud to receive our first award for Best Private Bank, U.S. BMO's strength is in our ability to deliver top-tier client service by providing innovative solutions and personalized advice tailored to our clients' needs. As we look ahead, we are committed to evolving our services to help North America's top affluent families effectively manage their wealth and work towards achieving their financial goals." 

-  Deland Kamanga, Group Head, BMO Wealth Management

"We are very pleased to be recognized for the 9th consecutive year as Best Commercial Bank in Canada, and for our first recognition as Best Commercial Bank in the U.S. As a leading North American bank, the strength of our performance allows us to invest in the people and technologies that enable us to support our customers on both sides of the border. We continue to look for opportunities to fuel the business growth that helps our customers make progress on their goals and makes the North American economy thrive."

- Nadim Hirji, Group Head, BMO Commercial Bank, North America

"We are honoured to be recognized by World Finance Magazine as Best Retail Bank in Canada for the second year in a row. Everyday, we help our customers make real financial progress with leading products, services, and guidance. We continue to innovate to create the most convenient banking experience that helps our customers reach their goals." 

- Erminia (Ernie) Johannson, Group Head, North American Personal and Business Banking at BMO Financial Group

BMO Financial Group, as the eighth largest bank in North America by assets, possesses a robust asset base of $1.25 trillion as of April 30, 2023. With a proud history of serving customers for over two centuries, BMO comprises a diverse team of highly engaged employees committed to providing a comprehensive range of personal and commercial banking, wealth management, global markets, and investment banking products and services to more than 13 million customers across Canada, the United States, and select global markets. United by a shared purpose to Boldly Grow the Good in business and life, BMO strives to drive positive change in the world, foster economic prosperity, ensure a sustainable future, and promote inclusivity within society.

SOURCE BMO Financial Group

Private Banking at BMO

Tailored Financial Solutions

At BMO, private banking is taken to a whole new level. We recognise that high-net-worth individuals have distinct financial demands and objectives. Our team of experienced private bankers is committed to providing personalized solutions tailored to each client's specific requirements. BMO provides a wide range of services to help you reach your financial goals, whether you need guidance with investing strategies, estate planning, or wealth management.

Wealth Preservation and Growth

One of the key strengths of BMO's private banking services is our focus on wealth preservation and growth. Our dedicated team of wealth management experts carefully analyzes market trends and opportunities, enabling us to offer valuable advice and guidance to our clients. We aim to maximise returns while minimising risks through a comprehensive range of investment products and methods, ensuring the long-term growth and security of our clients' investments.

Commercial Banking Solutions

Tailored Financing Options

For businesses of all sizes, BMO offers a wide array of tailored financing options. Our expert commercial bankers work closely with businesses to understand their unique needs and provide customized solutions to support their growth and expansion plans. From term loans to lines of credit, BMO offers competitive financing options to help businesses thrive in today's dynamic market.

Cash Management and Payment Solutions

Efficient cash management is crucial for businesses to maintain liquidity and optimize their financial operations. BMO offers a comprehensive suite of cash management and payment solutions designed to streamline processes, improve efficiency, and enhance control over financial transactions. Our innovative digital banking platform gives businesses real-time access to their accounts, allowing them to properly manage cash flow.

Retail Banking Services

Everyday Banking Solutions

BMO's commitment to customer satisfaction is evident in our comprehensive range of retail banking services. We understand that everyday banking needs vary, and that's why we offer flexible and convenient solutions to meet the diverse requirements of our customers. From basic checking and savings accounts to online banking and mobile apps, BMO provides secure and user-friendly platforms that make managing finances a breeze.

Mortgage and Home Financing

When it comes to home financing, BMO stands out as a reliable and trusted lender. Our mortgage specialists are dedicated to guiding homebuyers through the process, offering expert advice and competitive rates. Whether you're a first-time homebuyer or wanting to refinance, BMO has a mortgage choice to meet your needs, assuring a smooth and stress-free process.

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