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REPUBLIC NATIONAL BANK $200 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

REPUBLIC NATIONAL BANK $200 MILLION BANK NOTES RATED 'AA+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Oct. 9 /PRNewswire/ -- Republic National Bank of New York's newly issued $200 million of 4.75 percent bank notes due Sept. 15, 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 and the parent company is maintained at ample levels.
 -0- 10/9/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/ CO: Republic National Bank of New York ST: New York IN: FIN SU: RTG


SH -- NY055 -- 8410 10/09/92 14:07 EDT
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Publication:PR Newswire
Date:Oct 9, 1992
Words:146
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