Bank of Montreal, Canada:
1, (Bank of Montreal) The oldest bank in Canada.
2. 1863, the bank became the designated bank of the Canadian government. Until 1934, the Central Bank of Canada, that is, 5 1 year before the establishment of the Bank of Canada, the Bank of Montreal held two positions, exercising many functions of the central bank, such as managing public debt, issuing currency, and protecting the foreign exchange rate of the Canadian dollar.
3. 1874, Mongolian bank issued a bond of 800,000 pounds for Quebec in London for the first time. 1879, which became the first bank to issue foreign bonds in new york market. In the history of the Bank of Montreal, it accompanied and participated in almost all the major events that decided the economic progress of Canada.
Business:
1. Providing banking services for individuals: Bank of Montreal mainly provides installment loans, mortgage loans and other loans, deposits, credit cards and other services for consumers in Canada and the United States, and provides guarantees for private investors.
2. This bank is also the most important financial institution responsible for direct tax in Canada. In order to improve operational efficiency, the bank set up an automatic banking machine network in North America, where customers can handle various accounts through customer terminals.
3. Provide various banking services for enterprises: Bank of Montreal provides deposits and loans for Canadian enterprises. Provide foreign exchange and cash management.
4. Provide various services such as salary payment and consultation for enterprises, and also provide various short-term and long-term loans and public fund management services for public service institutions such as schools and hospitals.