Culture of Innovation – BMO



Jon Biorkman, Head of Equipment Finance, BMO

Innovation is part of BMO’s DNA and fosters a company culture of continuous creativity and growth to help its customers today and for years to come.

BMO offers a breadth of products and services through its dedicated team of bankers with both a local presence and deep industry expertise.

BMO understands each equipment financing need is part of a much larger business plan that needs to be considered. BMO specialists understand those considerations, from capital budgeting and cash flow needs to future growth and adopting new technologies. BMO’s specialists stay with clients through every step of the process, from the initial proposal to equipment substitution, to end-of-lease and additional decommissioning options.

From opening Canada’s first drive-in bank, to launching North America’s first full-service internet banking system, BMO has been at the forefront of technology and innovation in banking — and making banking easier for customers.
In 2022, BMO’s Equipment Finance business closed more than 70% of its transactions digitally and is targeting more than 80% in 2023.

BMO also earned a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index. The World Benchmarking Alliance named BMO the world’s top ranked financial institution based on its 2022 Financial System Benchmark, a new global benchmark to assess how firms are helping make progress in support of a just and sustainable economy. And in 2022, Forbes named the bank one of the best employers for diversity for the fourth consecutive year.

“Innovation is part of BMO’s DNA and fosters a company culture of continuous creativity and growth to help its customers today and for years to come.”

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