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REPUBLIC NATIONAL BANK $500 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

REPUBLIC NATIONAL BANK $500 MILLION BANK NOTES RATED 'AA+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK Jan. 24 /PRNewswire/ -- Republic National Bank of New York's newly issued $500 million of 5-3/4 percent notes due Feb. 1, 1995, are rated "AA+" by Fitch. The bank is the principal subsidiary of Republic New York Corp. The credit trend remains stable.
 The bank's fundamentals remain of high quality, reflecting better than average asset quality and capital strength. Liquidity at the bank and parent company also continues to be ample.
 -0- 1/24/92
 /CONTACT: Fay Y. Wong of Fitch, 212-908-0531/
 (RNB) CO: Republic National Bank of New York; Republic New York Corp. ST: New York IN: FIN SU: RTG


TS -- NY040 -- 3247 01/24/92 11:33 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jan 24, 1992
Words:126
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