- BMO joins banks in Canada in responding to urgent need for global COVID-19 relief
TORONTO, May 3, 2021 /CNW/ - BMO Financial Group announced today it will donate $250,000 to support organizations helping those around the world impacted by the global COVID-19 pandemic. BMO's contribution comes alongside contributions from seven Canadian banks collectively donating more than $1.15 million to international relief organizations.
BMO's donation will be directed to UNICEF, the WHO Foundation and the Canadian Red Cross and will serve the needs of those most affected by the coronavirus pandemic.
In addition to BMO's commitment today, the bank previously announced a $1 million donation to United Way to support gaps in community services urgently needed for vulnerable individuals impacted by the public health, social and economic consequences of COVID-19.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $973 billion as of January 31, 2021, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
SOURCE BMO Financial Group