Bank of Montreal 1997 Annual Report Download - page 95

Download and view the complete annual report

Please find page 95 of the 1997 Bank of Montreal annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

Bank of Montreal 180th Annual Report 1997 89
Bank Owned Corporations
Book value of common
Percent of and preferred shares
Corporations in which the Bank owns more than voting shares owned by the Bank
50% of the issued and outstanding voting shares Head office owned by the Bank
(Cdn. $ in millions)
Bank of Montreal Assessoria e Serviços Ltda. Rio de Janeiro, Brazil 100 –
Bank of Montreal Capital Corporation Toronto, Canada 100 45
Bank of Montreal Capital Markets (Holdings) Limited London, England 100 67
Bank of Montreal Europe Limited London, England 100
BMO Nesbitt Burns International Ltd. London, England 100
Bank of Montreal Holding Inc. Calgary, Canada 100 1,940
Bank of Montreal Asia Limited Singapore, Republic of Singapore 100
BMO Investments Ltd. Hamilton, Bermuda 100
Concordia Insurance Corporation Bridgetown, Barbados 100
Bank of Montreal Investment Management Limited Toronto, Canada 100 26
Bank of Montreal Investor Services Limited Toronto, Canada 100 11
Bank of Montreal Ireland plc Dublin, Ireland 100 173
Bank of Montreal Mortgage Corporation Calgary, Canada 100 997
BMRI Realty Investments Toronto, Canada 100
Bank of Montreal Securities Canada Limited Toronto, Canada 100 666
The Nesbitt Burns Corporation Limited and subsidiaries Montreal, Canada 100
Bankmont Financial Corp. Wilmington, U.S.A. 100 3,203
BMO Financial, Inc. Wilmington, U.S.A. 100
BMO Leasing (U.S.), Inc. Wilmington, U.S.A. 100
BMO Nesbitt Burns Equity Group (U.S.), Inc. and subsidiaries Chicago, U.S.A. 100
Harris Bankcorp, Inc. and subsidiaries Chicago, U.S.A. 100
Harris Bankmont, Inc. and subsidiaries Dover, U.S.A. 100
Harris Futures Corporation Wilmington, U.S.A. 100
Nesbitt Burns Securities Inc. and subsidiary Chicago, U.S.A. 100
BMO Ireland Finance Company Dublin, Ireland 100 306
BMO Nesbitt Burns Equity Partners Inc. Toronto, Canada 100 6
Cebra Inc. Toronto, Canada 100 16
The Trust Company of Bank of Montreal Toronto, Canada 100 18
The above is a list of all our directly held corporations, as well as
their directly held corporations, and thereby includes all of our
major operating companies. The book values of the corporations
shown represent the total common and preferred equity value
of our holdings.
We own 100% of the outstanding non-voting shares of sub-
sidiaries except for Bank of Montreal Securities Canada Limited,
of which we own 55.73% of the outstanding non-voting shares.