Filed pursuant to
                                                                  Rule 424(b)(2)
                                                      Registration No. 33-59791


                                    CITICORP
                               U.S. $7,000,000,000
                    Global Medium-Term Senior Notes, Series C
                               U.S. $1,000,000,000
                   Global Medium-Term Subordinated Notes, Series C
                  Due From 9 Months to 60 Years From Date of Issue

Pricing Supplement,  dated  January 30, 1996
     To Prospectus Supplement, dated August 7, 1995;
     to Prospectus, dated August 7, 1995)

                              DESCRIPTION OF NOTES

      The terms of the Subordinated  Notes set forth in this Pricing  Supplement
supplement  and modify,  to the extent  applicable,  the  description of general
terms and provisions of Citicorp's Global Medium-Term Subordinated Notes, Series
C,  set  forth  in  the  accompanying   Prospectus  and  Prospectus  Supplement.
Capitalized  terms not defined  herein shall have the meanings  assigned to such
terms in the accompanying Prospectus and Prospectus Supplement.

      Interest  rates  offered by Citicorp  with respect to the Notes may differ
depending  upon,  among other things,  the aggregate  principal  amount of Notes
purchased in any single transaction.

SUMMARY OF TERMS:

Title of Notes:               6.625% Subordinated Fixed-Rate Notes Due
                              February 15, 2011 (the "Notes").
Aggregate
Principal Amount:             $15,000,000.00.

Price to Public:              Offered at varying prices related to prevailing
                              market prices.

Issue Date:                   February 7, 1996.

Stated Maturity:              February 15, 2011.

Interest Rate:                6.625% per annum.

Interest Payment Dates:       Monthly on the 15th day of each month, commencing
                              March 15, 1996, and at Stated Maturity.

Regular Record Dates:         The first day of the month in which each Interest
                              Payment Date occurs.

Sinking Fund:                 None.

Redemption:                   The Notes are subject to redemption,  in whole but
                              not in part,  at the  option of  Citicorp,  on not
                              more than 60 or less than 30 days' notice,  on any
                              Interest  Payment  Date  occurring  in February or
                              August  on  or  after  February  15,  2000,  at  a
                              redemption price of 100% of their principal amount
                              plus accrued and unpaid interest to the redemption
                              date.

Selling Agent:                Merrill Lynch & Co., as Principal.

Agent's Discount
 or Commission:               2.100%.

Minimum Denomination:         $1,000.

CUSIP Number:                 17303 MEQ 8.