TORONTO, CHICAGO and NEW
YORK, June 3, 2020
/PRNewswire/ - BMO Financial Group today announced a donation of
$1 million to a number of
organizations in North America to
support social and racial justice, and inclusion.
Aligned with BMO's Purpose, the bank will donate funds to the
NAACP Legal Defense Fund, the Equal Justice Initiative, and the
Canadian Anti-Hate Network. The donation also includes support
for Greater Twin Cities United Way.
"BMO will always stand up for a society that is more just, where
all people are valued, equally," said Darryl White, Chief Executive Officer, BMO
Financial Group. "That includes raising our voice to denounce
racism, every time and everywhere we see it. This is a time to
not be silent."
"We are deeply saddened by the death of George Floyd, and the anguish it has created,"
said David Casper, U.S. Chief
Executive Officer, BMO Financial Group. "While physical
distancing separates us, this is not a time to be passive.
It's a time to reach out and engage in a dialogue, to reinforce the
fundamental belief that our diversity is one of our great strengths
as a nation."
The donation builds on BMO's commitment to an inclusive society
with zero barriers, including a focus on internal professional
development for Blacks and Latinos and support to
minority-owned small businesses, including clients and
vendors. BMO continues to drive inclusive behaviours among its
leaders and people as well as community alliances and partnerships
in areas like workforce development, healthcare, small business,
affordable housing, arts and culture.
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 $987 billion as
of April 30, 2020, 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.
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SOURCE BMO Financial Group