History Of Bank Of Montreal

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In 1817, the Montreal Bank became Canada’s first bank. Bank of Montreal was established with no official charter and almost half of its initial capital came from America investors. Five years later, in 1822 it was ranked a charter as the official Bank of Montreal. In 2017, it is ranked globally as the 57th largest bank with assets over $581 billion USD. Bank of Montreal is known as one of the prestigious “big five banks.” During the 1800s-1900s Bank of Montreal played a critical role in the building of the nation, its financial systems, and the prosperity of its people.
Celebrating its 200th year of operation Bank of Montreal has grown and expanded its financial resources, locally and globally. Bank of Montreal has a global presence in several