03-24-2013, 10:29 AM
The Bank of Montreal (BMO) is one of Canada's biggest banks and is one of only a few in the Western world that has managed to find growth during these bad years.
The reason for this is likely that it only plays mainly in the Canadian market, and does not spread itself anywhere else.
Revenues grew last year by over 17%, so when you hear your government saying the banking sector is still finding it tough, it's more to do with the way they operate.
The reason for this is likely that it only plays mainly in the Canadian market, and does not spread itself anywhere else.
Revenues grew last year by over 17%, so when you hear your government saying the banking sector is still finding it tough, it's more to do with the way they operate.