BMO Recognized as Best Private Bank in Canada and Best Commercial Bank in U.S. and Canada

Monday at 9:05am ADT · June 23, 2025 2 min read

TORONTO and CHICAGO, June 23, 2025 /CNW/ – BMO has been named Best Private Bank in Canada (15th consecutive year), Best Commercial Bank in Canada (11th consecutive year) and Best Commercial Bank in the U.S. (3rd consecutive year) by World Finance Magazine.

The 2025 World Finance Banking Awards celebrate the banking institutions which have demonstrated purpose, operational excellence, agility, strong customer centricity and innovation in their banking services. Award winners and nominees are selected by a judging panel of financial journalists and readers of World Finance Magazine.

“I am incredibly proud that BMO Commercial Bank has once again earned top recognition on both sides of the border, winning Best Commercial Bank in Canada and the U.S. This distinction reflects the strength of our client partnerships, the consistency of our performance, and the trust we’ve built across North America. Our team’s unique ability to help clients navigate today’s dynamic environment and drive real financial progress is what continues to set BMO apart.”

– Nadim Hirji, Group Head, BMO Commercial Bank, North America

“BMO Private Wealth builds enduring relationships with clients and their families across generations. Being recognized as the Best Private Bank in Canada 15 years in a row is a testament to the exceptional service and strategic expertise our Private Banking team delivers every day. This award reflects BMO’s commitment to helping clients navigate their banking and borrowing needs with confidence, backed by a comprehensive suite of wealth management services.”

– Craig Meeds, Head, Wealth Advice, Canada, BMO Private Wealth

About BMO Financial Group 

BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

SOURCE BMO Financial Group

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