"Supporting business owners and empowering women both inside and outside the bank is deeply connected to BMO's Purpose to Boldly Grow the Good – in business and in life," said Ernie Johannson, Group Head, North American Personal and Business Banking,
In addition to the business directory, BMO has developed programs and invested in solutions to support women entrepreneurs, including:
- Investing
$3 billion in capital over three years to women-owned businesses and programs across Canada to ensure they succeed - Increasing its authorized lending to women business owners by more than
$1.4 billion - Introducing women client strategy teams across the country, that tie together Business Banking, Private Wealth, and Financial Planning
- Funding more than
$35,000,000 to women-owned businesses via BMO Business Xpress sinceNovember 2019 - A new e-learning course that informs client-facing employees about the nuances in working with women and shares strategies to help increase these clients' financial success
- Online resource centre for women at bmoforwomen.com that provides critical advice for building a successful business through workshops, webinars, and podcasts
The new women-owned business directory will continue to evolve and grow into 2021. To access the women's business directory please visit bmoforwomen.com/women-owned-businesses/ and join the social conversation using #BMOforWomen.
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
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