Benjamin Li
Mar 12, 2009

Carat China wins $22 million BOC business

SHANGHAI - Carat China has been awarded the media business for Bank of Communications' (BOC) Pacific credit card business in China, ousting incumbent OMD.

Carat China wins $22 million BOC business
OMD, whose BOC contract ended in December, did not participate in the pitch, but other contenders in the review are believed to include ZenithOptimedia and WPP’s Maxus, which handles media for the banking side of BOC. 

The account is worth an estimated Rmb 150 million (US$22 million). Carat China will handle all media planning and buying for the Pacific Credit Card brand. It will oversee a series of integrated campaigns, including TV, print, outdoor and digital, that will build up to the 2010 World Expo in Shanghai, of which BOC is a sponsor. The company is based in Shanghai.

“This is a unique opportunity to leverage the bank’s sponsorship and heritage in the city to build a deep engagement with Chinese consumers,” said Seth Grossman, Carat’s managing director for Eastern China.

The Pacific credit card, a partnership between HSBC and BOC, is positioned as China’s global card and is one of the leading credit card brands in China. Creative for BOC is handled by Leo Burnett and M&C Saatchi.

China Merchant Bank is the market leader, followed by ICBC and China Construction Bank.
Source:
Campaign China

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

Jan 29, 2026

Gemini 3 becomes the default model for AI Overviews

A pair of updates from Google see the tech giant attempt to gain a further foothold in the battle for AI-powered search supremacy.

Jan 29, 2026

Google criticised after blocking measurement ...

YouTube owner sent a 'cease and desist' letter to Barb and Kantar Media.

Jan 29, 2026

Inside Campaign Connect Indonesia: what matters to ...

Candid conversations on growth, AI and the cultural trade-offs of scaling brands, with more than 100 marketers in the room.

Jan 29, 2026

Meta hits $200 billion revenue milestone on ...

Meta reports double‑digit year-on-year revenue growth, with advertising once again accounting for almost all of the top line.