Czech bank holds review

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PRAGUE--State-owned bank Komercni Banka has put its$1 million creative and media business up for review.

Agencies pitching for creative include incumbent GreyWorldwide, McCann-Erickson Worldwide, Ogilvy & MatherWorldwide, Publicis Group and Euro RSCG New Europe, allPrague-based.

The media incumbent, Grey Global Group's Mediacom, hasnot been invited to pitch alongside Carat, Universal-McCann, Starcom Worldwide and Media Direction.

Komercni Banka is the last major state-owned bank and isexpected to be privatized to international bidders nextyear.

Copyright July 2000, Crain Communications Inc.

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