bmo is the Bank of Montreal.
The Bank of Montreal, new york Stock Exchange and Toronto Stock Exchange, whose stock code is BMO, was established on November 3, 1817 according to the parliament of canada Act, and changed its current name in 1822. It is the oldest bank in Canada with a history of 177 years.
the bank was founded by nine Montreal businessmen in partnership, and the actual capital at that time was 15, Canadian dollars. From the beginning, the bank received deposits, issued loans and issued banknotes. The first banknote in Canadian history was issued by the bank.
Main business activities of Bank of Montreal:
1. Providing banking services for individuals: Bank of Montreal mainly provides installment loans, mortgage loans and other loans, deposits, credit cards and other services to consumers in Canada and the United States, and provides guarantees for private investors.
2. Providing agricultural financial services.
3. Provide services such as European bonds and European bills, government bond trading and securities insurance.
4. provide cheque payment, financial agency and bond insurance services to government agencies in various countries.
5. provide cash management and bond management services to non-bank financial institutions.