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Why does my credit score matter? - Your Financial Life - BMO Harris BankThe Bank of Montreal was founded in , making it Canada's oldest incorporated bank. From its founding to the creation of the Bank of Canada in BMO Financial Group is the 8th largest bank in North America as measured by assets (Bloomberg, as of January 31, ). Learn more in our Annual Report. We have. The Bank of Montreal (French: Banque de Montreal), abbreviated as BMO is a Canadian multinational investment bank and financial services company.