Printer Friendly

REPUBLIC NATIONAL BANK $100 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

REPUBLIC NATIONAL BANK $100 MILLION BANK NOTES RATED 'AA+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, July 16 /PRNewswire/ -- Republic National Bank of New York's newly issued $100 million of 4.9 percent bank notes due July 27, 1995, are rated 'AA+' by Fitch. The credit trend is stable. The bank is the principal subsidiary of Republic New York Corp.
 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 both the bank as well as the parent company is maintained at ample levels.
 -0- 7/16/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (RNB) CO: Republic National Bank of New York ST: New York IN: FIN SU: RTG


CK -- NY108 -- 9917 07/16/92 15:53 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 16, 1992
Words:150
Previous Article:CLASS ACTION SUIT FILED IN WISCONSIN TRAIN DERAILMENT
Next Article:CIRCON ANNOUNCES SECOND QUARTER 1992 NET INCOME UP 236 PERCENT
Topics:


Related Articles
REPUBLIC NEW YORK $100 MILLION SUBORDINATED NOTES RATED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $1.5 BILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $250 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $500 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $150 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $200 MILLION NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $400 MILLION 4.2 PERCENT NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
BANKERS TRUST $100 MILLION FLOATING RATE BANK NOTES 'AA' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK NZ$100 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --
REPUBLIC NATIONAL BANK $200 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters