CommBank puts creative out for pitch

The Commonwealth Bank has put its creative account out for pitch, putting its 14-year-old relationship with M+C Saatch to the test.

The bank, which spent $266 million on advertising and marketing last year, is understood to be reviewing its creative capabilities after working with M+C Saatchi since February 2012, with the agency understood to be defending its account.

A Commonwealth Bank spokesperson said in a statement: “Like many large organisations, we regularly review our supplier partnerships as the needs of the business evolve. We are currently considering a range of partnerships.”

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