BMO Bank of Montreal Opens $1.5 Million Bank Branch in Scarborough, Ontario

    BMO to offer banking services in 16 languages to reflect multicultural
    makeup of community

    TORONTO, Jan. 28 /CNW/ - BMO Bank of Montreal today opened an expansive
$1.5 million personal and commercial banking branch in Scarborough, at
1900 Eglinton Ave. East at Pharmacy Ave. The newly relocated 8,200 square-foot
branch will be fuelled with clean, emission-free electricity and is easily
accessible by car and public transit. The branch will offer financial services
to its BMO customers in English, Arabic, Bengali, Cantonese, Chinese, Farsi,
Filipino, French, Hindi, Mandarin, Punjabi, Parsi, Russian, Spanish, Tamil and
    The Eglinton and Pharmacy branch has a team of 25 banking professionals
including seven financial services professionals, two financial planners, a
commercial lender, an investment specialist, a mortgage specialist, and a BMO
Nesbitt Burns Investment Advisor, who can help customers address their
financial needs, including wealth management, estate planning and insurance.
    "Our customers will be pleased to know that all of our friendly,
knowledgeable staff, who have been serving the community for the past
50 years, have moved to the new location where they will continue to help them
make the right decisions with their money and clarify any of their financial
plans," said Ray Abi-Abdallah, Branch Manager, BMO Bank of Montreal.
    BMO also announced that the branch will receive its electricity from
Bullfrog Power, which provides homes and businesses in Ontario and Alberta
with electricity generated from clean, renewable sources like wind power and
low-impact hydro. BMO has purchased 5,000 Megawatt Hours per year of clean,
emission-free electricity from Bullfrog Power.
    "Plus if you're one of the millions of AIR MILES collectors in Canada, we
have another reason for you to bank with BMO," said Alex Dousmantis-Curtis,
Senior Vice President, Greater Toronto Area Division, BMO Bank of Montreal.
"No other bank can help you collect faster and redeem quicker because we are
the only major financial institution that rewards debit and credit card
purchases, including online purchases, with access to a comprehensive choice
of more than 800 reward and travel options," added Ms. Dousmanis-Curtis.

    The Eglinton and Pharmacy branch features:

    -   A BMO Nesbitt Burns Investment Advisor;

    -   Commercial banking services including cash management and lending;

    -   A highly experienced team of personal banking professionals with
        mortgage, financial planning and investment expertise;

    -   Offices where clients can have meaningful financial discussions in

    -   Ample parking facilities for BMO customers;

    -   Full wheelchair accessibility; and

    -   Three Instabank Extra automated banking machines (ABMs), including a
        drive-through ABM.

    -   Extended hours of operation: Monday to Friday from 9:30 a.m. to
        7:00 p.m.; Saturday from 9:30 a.m. to 4:00 p.m.

    BMO Bank of Montreal operates 159 full-service branches and 17 InStore
branches in the Greater Toronto Area.

For further information:

For further information: Media Relations Contact: Katelyn Hunter,
Toronto,, (416) 867-3996; Internet:

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