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REPUBLIC NEW YORK CORP. $750 MILLION SHELF DEBT RATED 'AA/AA-' BY FITCH -- FITCH FINANCIAL WIRE --

REPUBLIC NEW YORK CORP. $750 MILLION SHELF DEBT RATED 'AA/AA-' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, June 18 /PRNewswire/ -- Republic New York Corp.'s (NYSE: RNB) new shelf registration for up to $750 million in debt securities and warrants is rated 'AA' for senior debt and 'AA-' for subordinated debt by Fitch. The credit trend is stable.
 Republic's asset quality measurements, 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 the parent company and banking subsidiaries is maintained at high levels.
 -0- 6/18/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (RNB) CO: Republic New York Corp. ST: New York IN: FIN SU: RTG


PS -- NY037 -- 1485 06/18/92 12:00 EDT
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Publication:PR Newswire
Date:Jun 18, 1992
Words:143
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