Jun 18, 2004

JWT exit prompts BEA to review HK ad briefs

The Bank of East Asia (BEA), the city's largest independent local bank, has invited three creative agencies to pitch for its advertising account, after J. Walter Thompson resigned the account to take up the HSBC business.

JWT exit prompts BEA to review HK ad briefs
The media assignment remains with Maximize of Maxus. BEA head of marketing and communications for personal banking division Joyce Tse said: "The aim of the pitch is to look for a marketing partner that can deliver sound strategic advice and differential creative." BEA spent over HK$21 million (US$2.6 million) on advertising last year, up by nearly 115 per cent over the previous year, according to Nielsen Media Research. "Customer acquisition and retention are big issues to banks nowadays," said Tse. "We, like all other banks, are using all kinds of channels to drive customers' attention. TV, especially, is one of the tools." She said that BEA's relationship with J.Walter Thompson had been "very good" in the past eight months, and stressed that the move was down to the global realignment of the HSBC account to JWT. Prior to hiring JWT, BEA used a range of different agencies, including Leo Burnett and Interface Communications, to handle its projects.
Source:
Campaign Asia
Tags

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

13 hours ago

Women to Watch 2024: Tanya Phathanathong, ADA

From overcoming personal challenges to becoming a beacon of leadership, Phathanathong’s grit and strategic vision have made ADA Thailand a key player in the digital marketing landscape.

14 hours ago

Move and win roundup: Week of April 28, 2025

Catch up on our weekly roundup of people moves and pitch wins, with the latest updates from oOh!media, Supersolid, CulturalPulse, Greenpark and more.

15 hours ago

Childhood bedwetting is nothing to be ashamed ...

In a campaign built around three 90-second AI-powered radio spots, the FMCG brand partners with FCB to convey that some kids just need more time to overcome bedwetting.