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NATIONSBANK $400 MILLION 6-5/8 PERCENT SENIOR NOTES RATED 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Jan. 7 /PRNewswire/ -- NationsBank Corp.'s newly issued $400 million of 6-5/8 percent senior notes due Jan. 15, 1998, is rated 'A+' by Fitch. The credit trend is improving.
 Reflected in the rating is the corporation's broadly diversified base of core retail funding, improved reserve coverage of nonperforming loans, expected material savings in overhead expenses which will enhance growing profitability, moderate loan to asset ratio, and above peer capital ratios.
 The market position of NationsBank in the region from the mid- Atlantic to Texas gives the company access to a meaningful supply of core deposits. While this region is not without significant competitors, NationsBank's penetration will enable it to be a leader in liability product pricing, a strategy which Fitch expects the corporation to fully implement.
 -0- 1/7/93
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (NB)


CO: NationsBank Corp. ST: North Carolina IN: FIN SU: RTG

PS -- NY063 -- 2661 01/07/93 12:10 EST
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Publication:PR Newswire
Date:Jan 7, 1993
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