BMO has been named the Best Private Bank and Best Commercial Bank in Canada by World Finance Magazine for the 13th and 9th consecutive time respectively. BMO has also been awarded the Best Retail Bank in Canada for the second year in a row and Best Private Bank in the U.S. and Best Commercial Bank in the U.S. for the first time.
The 2023 World Finance Banking Awards recognize how BMO’s digital first strategy and industry-leading client experiences are meeting and exceeding customer’s evolving expectations with best-in-class digital money management services. BMO’s expanding footprint in the United States after its acquisition of Bank of the West further strengthens its cross-border and bank-wide connectivity, providing clients greater access to comprehensive banking experiences as well as a full suite of everyday, investment and commercial banking products and services.
"We are delighted to be recognized for the 13th consecutive year for our excellence in Private Banking in Canada and are proud to receive our first award for Best Private Bank, U.S. BMO’s strength is in our ability to deliver top-tier client service by providing innovative solutions and personalized advice tailored to our clients’ needs. As we look ahead, we are committed to evolving our services to help North America’s top affluent families effectively manage their wealth and work towards achieving their financial goals", said Deland Kamanga, Group Head of BMO Wealth Management.
The annual World Finance Banking Awards recognize industry leaders, eminent individuals, exemplary teams, and distinguished organizations which represent the benchmark of achievement and best practices in a variety of fields. Award winners and nominees are selected by a judging panel of financial journalists as well as by readers and subscribers of World Finance Magazine.
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