TORONTO, ONTARIO — (Marketwire) — 03/14/12 — BMO Financial Group-s 2011 Public Accountability Statement (PAS) is now available at . The PAS outlines certain aspects of Bank of Montreal-s contributions, and the contributions of the bank-s affiliates with operations in Canada, to the Canadian economy and society.
“The role we play at BMO is unequivocal: we-re here to help our customers succeed,” said Bill Downe, President and CEO, BMO Financial Group. “As we reflect on 2011, we know that we-ve helped our customers navigate a world of persistent change by staying true to our objectives of giving customers knowledge and control and remembering that the beliefs that define what we do don-t change. This includes supporting communities, everywhere we do business.”
In 2011:
“Banks are vital intermediaries in the creation of economic growth. We play a role in society that is necessary to maintain the stability of the economic system – not as a separate responsibility, but as a consequence of managing our own business responsibly,” said Mr. Downe. “Whether we-re promoting financial literacy to help families control their spending or providing strategic counsel along with commercial loans, we-re furthering our mandate as both facilitators and beneficiaries of a dynamic, robust economy. This is the privileged role that society entrusts to banks.”
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