TORONTO, ONTARIO--(Marketwired - March 31, 2014) - BMO Financial Group today announced a donation of $50,000 to establish the Moriyama RAIC International Prize BMO Financial Group Scholarships. The scholarships, part of the Moriyama RAIC International Prize established by renowned Canadian architect Raymond Moriyama and the Royal Architectural Institute of Canada (RAIC), will be awarded biennially to students in formal programs at Canadian schools of architecture recognized by RAIC.
BMO announced the donation during the celebration of the 20th anniversary of the bank's Moriyama-designed Institute for Learning.
"Inspired by Raymond Moryiama's award-winning architectural designs and his contribution to life-long learning, BMO is honoured to establish these scholarships," said Bill Downe, Chief Executive Officer, BMO Financial Group. "We thank Mr. Moriyama for creating, in the Institute for Learning, a powerful symbol of learning, advancement and the future that will live on for decades to come."
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group has total assets of $593 billion and more than 45,500 employees at January 31, 2014.