1
Exhibit 21
Republic New York Corporation
Principal Subsidiaries as of December 31, 1998
Name of Corporation Jurisdiction of Formation
- ------------------- -------------------------
Republic New York Corporation Maryland
Delaware Securities Processing Corp. Delaware
R/Clip Corp. Delaware
Republic Bank California National Association United States
Republic Bank Delaware National Association United States
Republic Business Credit Corporation New York
Republic Investments (Canada) Limited Canada
Republic New York Capital I (statutory business trust) Delaware
Republic New York Capital II (statutory business trust) Delaware
Republic New York Capital III (statutory business trust) Delaware
Republic New York Capital IV (statutory business trust) Delaware
Republic New York Securities Corporation Maryland
Republic Services Corporation Maryland
RICS NJ, Inc. New Jersey
RNYC Liquid Portfolio Corporation Delaware
RNYC - NJ Realty Corp. New Jersey
Republic National Bank of New York United States
C.B. "Republic National Bank of New York (RR)" (L.L.C.) Russia
Delaware Mortgage Investors Corporation Delaware
Nevada Asset Management Corporation Nevada
Nievo SRL Italy
Republic Consumer Lending Group, Inc. New York
Republic Financial Services Corporation New York
Republic Forex Options Corporation Maryland
Republic Insurance Agency Corp. New York
Republic International Bank of New York (Miami) United States
Republic Leasing (Chile) S.A. Chile
Republic Factoring (Chile) Limited Chile
RIBNY Overseas Investments Holding Corporation Delaware
RNYOIC Limited Channel Islands
Republic Leasing (Uruguay) S.A. Uruguay
Republic National Bank of New York (Singapore) Limited Singapore
Republic National Bank of New York (Uruguay) S.A. Uruguay
RNB Finance (Hong Kong) Limited Hong Kong
RNB Hong Kong (Nominees) Limited Hong Kong
Republic National Bank of New York (Mexico) S.A. Mexico
Imobiliaria RNB, S.A. de C.V. Mexico
Republic New York Investment Corporation Delaware
Republic Overseas Banks Holding Corporation Delaware
Republic International Bank of New York (Delaware) United States
Republic Investment Management Sociedad Gerente de
Fondos Comunes de Inversion S.A. Argentina
Republic New York Holdings (UK) England
Republic Mase England
Republic Mase Australia Limited Australia
Republic Mase Australia (NZ) Limited Australia
Republic Mase Hong Kong Limited Hong Kong
Republic New York (U.K.) Limited England
Republic National Bank of New York (Canada) Canada
Republic Securities Canada Inc. Canada
Republic National Bank of New York (Cayman) Limited Cayman Islands
Republic National Bank of New York (Cyprus) Limited ABIA Cyprus
Republic National Bank of New York (International) Limited Bahamas
Banco Republic National Bank of New York (Brasil) S.A. Brazil
Safra Republic Holdings S.A. Luxembourg
Republic National Bank of New York (France) France
Republic National Bank of New York (Gibraltar) Limited Gibraltar
Republic National Bank of New York (Guernsey) Limited Channel Islands
Republic National Bank of New York (Luxembourg) S.A. Luxembourg
Republic National Bank of New York (Monaco) S.A. Monaco
Republic National Bank of New York (Suisse) S.A. Switzerland
Safra Republic Investments (Guernsey) Limited* Channel Islands
2
Republic Premises Corporation Maryland
Safra/Republic Corporation Maryland
R.N.B (Delaware) Vault Corporation Delaware
RNB (Nominees) Limited England
RNB Services Limited England
Tower Holding New York Corp. New York
Williamsburgh Financial Corporation Delaware
* 50% owned by Republic International
Bank of New York (Delaware).