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BANKS PROMOTE MERGER BENEFITS

The Bank of Montreal and the Royal Bank of Canada want to let Canadians in on the benefits of the duo's planned merger. The two launched a national newspaper campaign this week that tells consumers that the Bank of Montreal and the Royal Bank plan on building a better bank. The benefits touted in the ads include lower service charges, an increase in the number of qualified staff, a new bank for small and medium-sized businesses, continued service in rural Canada and increased branch access. The ads also promote a new booklet that discusses details about the merger and its benefits. The booklet is available at branches of both banks, through a toll-free phone number or on the Internet at <http://www.proposedmerger.com>. The campaign was created by the agencies for both banks: Vickers & Benson Advertising and MacLaren McCann, both of Toronto. Initiative Media and MaxxMedia, both of Toronto handled the media portion of the campaign.

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