BMO Increases US$ Prime Lending Rate to 7.00 Percent

CHICAGO, Sept. 16, 2026 /PRNewswire/ -- BMO today announced that it is increasing its US$ prime lending rate from 6.75 percent to 7.00 percent, effective September 17, 2026. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total...