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BANKERS TRUST $300 MILLION 5.25 PERCENT SENIOR NOTES RATED 'AA' BY FITCH -- FITCH FINANCIAL WIRE --

BANKERS TRUST $300 MILLION 5.25 PERCENT SENIOR NOTES RATED 'AA' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 9 /PRNewswire/ -- Bankers Trust New York Corp.'s $300 million issue of 5.25 percent senior notes, due Jan. 16, 1995, is rated 'AA' by Fitch. The credit trend is stable.
 Bankers Trust's current level of profitability, strong liquidity, and risk-adjusted capital ratios all provide important support for the debt ratings assigned to the parent holding company as well as its principal bank subsidiaries.
 The company has implemented a strategic shift in its balance sheet components during the past five years. While total average assets increased moderately from the end of 1986 to the end of 1991, the percentage of average loans declined from 53 percent of average assets in 1986 to about 30 percent. This change moved the company's revenue dependence away from traditional interest spread commercial banking to non-interest sources such as trading and merchant banking activities. While the trend of improvement in the consolidated return on average assets (ROA) has been obscured by special charges taken in 1987 and again in 1989, the annualized ROA for the first nine months of 1991 was a healthy 1.28 percent.
 This higher profitability, coupled with the overall reduction in risk assets, boosted the company's total risk adjusted capital ratio to 10.92 percent as of Sept. 30. This measure is comfortably above the corresponding ratio reported by most other large U.S. banking companies.
 -0- 1/9/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (BT) CO: Bankers Trust New York Corp. ST: New York IN: FIN SU: RTG


CK -- NY045 -- 8262 01/09/92 13:48 EST
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Publication:PR Newswire
Date:Jan 9, 1992
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