TORONTO and CHICAGO, June 25,
2024 /CNW/ - BMO has been named Best Private Bank
in Canada (14th
consecutive year), Best Retail Bank in Canada (3rd consecutive year),
Best Commercial Bank in Canada (10th consecutive year)
and Best Commercial Bank in US (2nd consecutive
year) by World Finance Magazine.
The World Finance Banking Awards recognize BMO's commitment to
our clients, customers and the communities we serve. This
award is a testament to BMO's dedication to our digitally enabled
One Client experience and
comprehensive understanding of our client's evolving needs while
helping them achieve real financial progress.
The annual World Finance Banking Awards recognize the banking
industry's top leaders and innovators, who have demonstrated strong
leadership while showcasing the talents of industry leaders,
eminent individuals, exemplary teams, and distinguished
organizations which represent the benchmark of achievement and best
practices in a variety of fields. Award winners and nominees are
selected by a judging panel of financial journalists as well as by
readers and subscribers of World Finance Magazine.
Quotes
"I'm very pleased BMO Commercial Bank has once again been
recognized with best-in-class honours on both sides of the border,
winning Best Commercial Bank in Canada for the 10th consecutive year and Best
Commercial Bank in the U.S. for a second year in row, putting BMO's
strength as an integrated North American Commercial Bank on full
display. Our incredibly talented team of commercial bankers in
the United States and Canada are committed to helping our clients
successfully navigate through the current economic uncertainties to
fuel growth while contributing to a healthy, thriving economy."
- Nadim Hirji, Group Head, BMO
Commercial Bank, North America
"It is our privilege to be recognized as the Best Private Bank
in Canada 14 years in a row,
showcasing our deep dedication to putting our clients first in
every decision we make. We are committed to offering innovative
investment solutions and best-in-class advice tailored to meet each
client's individual and family needs. Together we work with our
clients in progressing towards their financial goals through BMO's
unique North American advantage and offerings."
- Deland Kamanga, Group Head,
BMO Wealth Management
"We are honoured to again be recognized as the Best Retail Bank
in Canada by our customers and
this prestigious panel. We are among the fastest-growing retail
banks in Canada thanks to our
exceptional team, who are focused on helping our customers make
real financial progress with leading products, services and
guidance. Team BMO continues to innovate to make money management
easy."
-Erminia (Ernie) Johannson, Group
Head, North American Personal and Business Banking at BMO Financial
Group
About BMO Financial Group
BMO Financial Group is the eighth largest bank in North
America by assets, with total assets of $1.4
trillion as of April 30, 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 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