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REPUBLIC NATIONAL BANK $250 MILLION BANK NOTES RATED 'AA+' BY FITCH -- FITCH FINANCIAL WIRE --

REPUBLIC NATIONAL BANK $250 MILLION BANK NOTES RATED 'AA+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Jan. 8 /PRNewswire/ -- Republic National Bank of New York's newly issued $250 million of 5.2 percent bank notes due Jan. 17, 1995, are rated "AA+" by Fitch. 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- 1/8/92
 /CONTACT: Fred W. DeBussey of Fitch, 212-908-0521/
 (RNB) CO: Republic National Bank of New York; Republic New York Corp. ST: New York IN: FIN SU: RTG


TS -- NY095 -- 7811 01/08/92 12:58 EST
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Publication:PR Newswire
Date:Jan 8, 1992
Words:146
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