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MBANX UPDATE

Mbanx of Toronto will promote its first credit card using targeted direct mail and may use print in the future. The direct mail will be done in-house. Advertising for mbanx is done by Cohn & Wells and Vickers & Benson Advertising, both of Toronto. Mbanx introduced its first credit card last week targeted to the small office/home office market. Mbanx is the virtual bank of The Bank of Montreal.

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