Bank
of Montreal
The
Bank of Montreal, Canada’s first chartered bank, opened for business
on November 3, 1817. It provided Canada’s first sound and plentiful
currency and has played a major and continuing role in the development
of the country, taking part in the financing of the first
transcontinental railway in the 1880s. The Bank took part in the
creation of Canadian Confederation in 1867, and served as Canada’s
central bank until 1935. The first Canadian bank to open branches
abroad, it has long been active in markets in Europe, Latin America and
East Asia as well as the United States. Today it continues as one of
Canada’s pre-eminent financial institutions and a significant presence
in United States and world markets.
The
Bank of Montreal, one of the largest banks in North America, is
Canada’s oldest bank. Since it’s founding in 1817, the Bank has
grown to have $238 billion in assets, and over 32,00 employees in
Canada, the United States and around the world.
The
Bank of Montreal is the only bank to offer a complete range of financial
services in our chosen markets on both sides of the Canada-United States
border. And as Bank of Montreal prepares for the emerging world of
global competition, our strategy for success rests on three commitments.
·
We
will promote the well-being and respect the distinctive culture of each
community in which we do business
·
We
will excel as a disciplined, professional, financially secure
institution with strong risk management skills
And we will offer all
our clients not just financial products, but knowledge-based solutions,
custom-made to add value in their financial affairs