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ITT FINANCIAL $200 MILLION 8.125 PERCENT NOTES RATED

    ITT FINANCIAL $200 MILLION 8.125 PERCENT NOTES RATED  A+' BY FITCH
                      -- FITCH FINANCIAL WIRE --
    NEW YORK, Nov. 6 /PRNewswire/ -- ITT Financial Corp.'s $200 million 8.125 percent notes due 1998 are rated  A+' by Fitch. The rating reflects ITT Financial's strong balance sheet and parent support from ITT Corp.  Consumer asset quality problems are being addressed through aggressive charge-offs and tighter controls, which are hurting earnings trends. Fitch expects profitability to be healthier in 1992.
    -0-         11/6/91
    /CONTACT:  Nancy E. Stroker of Fitch, 212-908-0533/
    (ITT) CO:  ITT Financial Corp. ST:  New York IN:  FIN SU:  RTG CK -- NY059 -- 1764 11/06/91 13:29 EST
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Publication:PR Newswire
Date:Nov 6, 1991
Words:109
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