The Bank of Montreal opened its first office in Hong Kong in 1969 and obtained its banking license in 1978. Today, we provide a range of banking services to our customers including: trade finance, institutional banking, and capital markets. Bank of Montreal Hong Kong Branch is a part of BMO Financial Group.
Major milestones for BMO in Hong Kong:
Year |
Description |
1969 |
BMO opens an office in Hong Kong. |
1978 |
BMO obtains its banking license in Hong Kong. |
2008 |
BMO sets up its Asia sales and trading office in Hong Kong providing regional coverage for distribution of fixed income, foreign exchange and money market products to institutional investors globally. |
2014 |
BMO adds trade finance capabilities in Hong Kong, further strengthening its overall Asia platform. |
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Bank of Montreal is incorporated in Canada with limited liability. Bank of Montreal in Hong Kong (BMO HK) is an authorized institution under the Banking Ordinance and a registered institution with the Securities and Futures Commission (CE No. AAK809) under the Securities and Futures Ordinance. In Australia, Bank of Montreal is exempt from the requirement to hold an Australian financial services license under the Corporations Act in respect of the financial services BMO HK provides to wholesale investors (as defined in the Corporations Act). BMO HK is authorized and regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission under Hong Kong laws, which differ from Australian laws.