If you live in Canada, you probably have or have had an account with this bank. And if you haven’t, now you have plenty of reasons to.
In 2023, BMO was elected the bank with the highest satisfaction rate among its customers. It is a milestone for the bank and another indication that if you live or visit Canada, you need to know BMO.
How BMO was born
The Bank of Montreal (BMO) was founded in 1817, in the city of Montrel, making it the oldest bank in Canada.
In the beginning, it was to promote local commerce, being a safe place to store money and provide paper currency.
As time passed, needs increased, new offices were created, increasing the area of activity. In 1864, BMO was already the official bank of Canada.
Being a large and century-old company, the bank has naturally undergone several improvements and adaptations over time, including acquisitions of other banks and companies, to increase its area of activity and be even more competitive.
BMO today has more than 200 years of history, having survived 2 world wars and numerous financial crises, it is certainly a bank that knows how to adapt to the current scenario and offer quality services to its customers.
BMO today
The BMO operates across the globe with an operation that exceeds 800 branches, and more than 47 thousand employees! It is listed as one of the 5 largest banks in Canada and one of the 10 largest in all of North America.
There are more than 12 million users who trust the services provided by BMO every day, which further validates the choice as the best bank of 2023
If you are interested and want to know more about Bank of Montreal, or even how to become a customer, click below