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REPUBLIC NATIONAL BANK $200 MILLION NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

 REPUBLIC NATIONAL BANK $200 MILLION NOTES RATED 'AA+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, April 2 /PRNewswire/ -- Republic National Bank of New York's newly issued $200 million of 6.40 percent notes due April 15, 1995, are rated "AA+" by Fitch. The bank is the principal subsidiary of Republic New York Corp.
 Republic's asset quality measures, strong reserve coverage of troubled credits, and high risk-adjusted capital ratios remain well above peers. Disciplined asset/liability management has resulted in carefully crafted maturity and interest rate matching which enhances balance sheet strength. Liquidity for both the bank and the parent company is maintained at high levels.
 -0- 4/2/92
 /CONTACT: Ricardo J. Kleinbaum of Fitch, 212-908-0525/
 (RNB) CO: Republic New York Corp. ST: New York IN: FIN SU: RTG


GK -- NY020 -- 4246 04/02/92 09:44 EST
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Publication:PR Newswire
Date:Apr 2, 1992
Words:138
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