CHASE MANHATTAN BANK /NY/
8-K, 1997-04-04
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                               ------------------

                                    FORM 8-K

                                 CURRENT REPORT


                         Pursuant to Section 13 or 15(d)
                     of the Securities Exchange Act of 1934


                          Date of Report: April 3, 1997
                          -----------------------------


                            THE CHASE MANHATTAN BANK
              (formerly known as "The Chase Manhattan Bank, N.A.")
             ------------------------------------------------------
                  (Originator of the Trust referred to herein)
             (Exact name of registrant as specified in its charter)


                      CHASE MANHATTAN GRANTOR TRUST 1995-B
                  --------------------------------------------
                      (Issuer with respect to Certificates)


         New York            33-98308               13-2633612
      ---------------     -----------------       ------------------
      (State or other      (Commission            (IRS Employer
      jurisdiction of      File Number)         Identification No.)
      incorporation)


      270 Park Avenue, New York, New York               10017
      -------------------------------------------       ----------
      (Address of principal executive offices)          (Zip code)


                                (212) 270-6000
                ---------------------------------------------------
                (Registrant's telephone number, including area code)


<PAGE>

Item 5. Other Events

     On 2/18/1997, Chase Manhattan  Grantor Trust 1995-B (the "Trust") made the
distribution  to  Certificateholders  contemplated  by the Pooling and Servicing
Agreement,  dated as of November 1, 1995, (the "Pooling & Servicing Agreement"),
between the Registrant,  as Seller and  Servicer,  and Norwest Bank  Minnesota,
National Association,  as Trustee. A copy of the  Certificateholder  Report for
such Distribution  Date  delivered  pursuant  to section 5.7 of the Pooling and
Servicing Agreement is being filed as Exhibit 20.1 to this Current Report 
on Form 8-K.

     On 3/17/1997, Chase Manhattan  Grantor Trust 1995-B (the "Trust") made the
distribution  to  Certificateholders  contemplated  by the Pooling and Servicing
Agreement,  dated as of November 1, 1995, (the "Pooling & Servicing Agreement"),
between the Registrant,  as Seller and  Servicer,  and Norwest Bank  Minnesota,
National Association,  as Trustee. A copy of the  Certificateholder  Report for
such Distribution  Date  delivered  pursuant  to section 5.7 of the Pooling and
Servicing Agreement is being filed as a Exhibit 20.2 to this Current Report 
on Form 8-K.


Item 7 (c). Exhibits
            --------

  Exhibit   Description
  -------   -----------

  20.1      Monthly Certificateholder's statement with respect to the
            February 18, 1997 distribution.

  20.2      Monthly Certificateholder's statement with respect to the
            March 17, 1997 distribution.




<PAGE>

                              SIGNATURES
                              ----------


      Pursuant to the requirements of the Securities  Exchange Act of 1934, the
Bank has  caused  this report  to be signed  on its  behalf by the  undersigned
thereunto duly authorized.


                                            THE CHASE MANHATTAN BANK 

                                             /s/William J. Schiralli
                                            ------------------------
                                            By:    William J. Schiralli
                                            Title: Vice President


Date:  April 3, 1997


<PAGE>

                                INDEX TO EXHIBITS
                                -----------------

                                              
   Exhibit               Description                          
   -------               -----------                          

     20.1                Certificateholder Report dated       
                         2/18/1997 delivered pursuant to
                         Section 5.7 of the Pooling and  
                         Servicing  Agreement dated 
                         as of November 1, 1995.

     20.2                Certificateholder Report dated       
                         3/17/1997 delivered pursuant to
                         Section 5.7 of the Pooling and  
                         Servicing  Agreement dated 
                         as of November 1, 1995.




     
                                                       Exhibit 20.1

The Chase Manhattan Bank Grantor Trust 1995-B

From: The Chase Manhattan Bank

To:   Norwest Bank Minnesota, N.A.


                   MONTHLY CERTIFICATEHOLDER'S REPORT
                   ----------------------------------

Due Period 15 Beginning Date                     01/01/1997
Due Period 15 End Date                           01/31/1997
Determination Date                               02/10/1997
Remittance Date                                  02/18/1997


I.    Monthly Principal and Principal Carryover Shortfall to Certificateholders
      (Per $1000 of Original Principal Amount)                  $ 26.6301988662

II.   Monthly Interest and Unpaid Interest to Certificateholders
      (Per $1000 of Original Principal Amount)                   $ 2.7556872107

III.  Monthly Expenses Summary

      A. Servicing Fee Disbursement                                $ 698,712.98
      B. Cash Collateral Account Expense                                 $ 0.00
      C. Total Expenses paid
         (per $1000 of Original Principal Amount)                $ 0.4670656292

IV.   Cash Collateral Account Deposit Amount                             $ 0.00

V.    Outstanding Advance Summary

      A. From Prior Period                                       $ 4,393,213.08
      B. From Current Period                                     $ 3,788,240.76
      C. Change in Amount Between Periods (Lines B - A)           $ -604,972.32

VI.   Pool Factor Information

      A. Certificate Principal Balance                         $ 798,617,778.81
      B. Initial Certificate Balance                         $ 1,495,963,171.74
      C. Pool Factor (Lines A / B)                               0.533848555831

VII.  Available Cash Collateral Account Information for Due Period

      A. Available Cash Collateral Amount                       $ 41,922,778.78
      B. Available Cash Collateral Amount Percentage            5.000000000179%

VIII. Required Cash Collateral Amount

      A. For the Current Collection Period                      $ 41,922,778.78
      B. For the Next Collection Period                         $ 39,930,888.94



     
                                                       Exhibit 20.2

Chase Manhattan Grantor Trust 1995-B

From: The Chase Manhattan Bank

To:   Norwest Bank Minnesota, N.A.


                   MONTHLY CERTIFICATEHOLDER'S REPORT
                   ----------------------------------

Due Period 16 Beginning Date                     02/01/1997
Due Period 16 End Date                           02/28/1997
Determination Date                               03/10/1997
Remittance Date                                  03/17/1997


I.    Monthly Principal and Principal Carryover Shortfall to Certificateholders
      (Per $1000 of Original Principal Amount)                  $ 24.7171161420

II.   Monthly Interest and Unpaid Interest to Certificateholders
      (Per $1000 of Original Principal Amount)                   $ 2.6247553978

III.  Monthly Expenses Summary

      A. Servicing Fee Disbursement                                $ 665,514.82
      B. Cash Collateral Account Expense                                 $ 0.00
      C. Total Expenses paid
         (per $1000 of Original Principal Amount)                $ 0.4448737994

IV.   Cash Collateral Account Deposit Amount                             $ 0.00

V.    Outstanding Advance Summary

      A. From Prior Period                                       $ 3,788,240.76
      B. From Current Period                                     $ 3,971,460.46
      C. Change in Amount Between Periods (Lines B - A)            $ 183,219.70

VI.   Pool Factor Information

      A. Certificate Principal Balance                         $ 761,641,883.35
      B. Initial Certificate Balance                         $ 1,495,963,171.74
      C. Pool Factor (Lines A / B)                               0.509131439689

VII.  Available Cash Collateral Account Information for Due Period

      A. Available Cash Collateral Amount                       $ 39,930,888.94
      B. Available Cash Collateral Amount Percentage            4.999999999937%

VIII. Required Cash Collateral Amount

      A. For the Current Collection Period                      $ 39,930,888.94
      B. For the Next Collection Period                         $ 38,082,094.17




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