Citibank earns Moody's "Aa3" rating.NEW YORK--(BUSINESS WIRE)--August 3, 1995--In response to upgrades for debt issues of Citicorp and Citibank CITIBANK First National City Bank announced today by Moody's Investors Services Moody's Investors Service A leading global credit rating, research and risk analysis firm. Moody's Investors Service A leading firm engaged in credit rating, risk analysis, and research of fixed-income securities and their issuers. , Citibank issued the following statement: "We're we're Contraction of we are. we're we are pleased that Moody's has raised Citibank's rating to the `double A' level. Like the other rating agencies, Moody's recognizes the improved strength of our balance sheet, the value of the diversity in our earnings and our management's commitment to financial discipline. "Gaining `double A' ratings for Citibank was one of the objectives set out by our management several years ago. This completes the achievement of that goal, with the `double A' level now awarded by all eight internationally recognized rating agencies." CONTACT: Citibank, N.A., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Frederick A. Roesch, 212/559-2715 (Investor contact) John M. Morris, 212/559-4285 (Press contact) |
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