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REPUBLIC NY CORP. $250 MIL. 7.25 PERCENT SUB. NOTES RATED 'AA-' BY FITCH --FITCH FINANCIAL WIRE (FFW)--

REPUBLIC NY CORP. $250 MIL. 7.25 PERCENT SUB. NOTES RATED 'AA-' BY FITCH
 --FITCH FINANCIAL WIRE (FFW)--
 NEW YORK, July 7 /PRNewswire/ -- Republic New York Corp.'s new issue of $250 million 7.25 percent subordinated notes due July 15, 2002, is rated 'AA-' 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- 07/07/92
 CONTACT: Fred W. DeBussey of Fitch, 212-908-0521
 (RNB) CO: REPUBLIC NEW YORK CORP. IN: FIN ST: NY -- NY068 -- X833 07/07/92
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Publication:PR Newswire
Date:Jul 7, 1992
Words:129
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