BMO Bank of Montreal Decreases CDN$ Prime Lending Rate to 4.45 Per Cent

BMO Bank of Montreal has decreased its CDN$ prime lending rate to 4.45 per cent, effective October 30, 2025. This change comes after a previous rate of 4.70 per cent. 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. The bank serves 13 million customers across Canada, the United States, and select global markets, driven by a single purpose to Boldly Grow the Good in business and life.