NationsBank Corporation   
Charlotte, NC  28255      
Tel 704 386-5000          

Pricing Supplement No. 0168 Dated June 2, 1997        Rule 424(b)(2)     

(To Prospectus dated July 12, 1996 and                File number:  333-7229 
Prospectus Supplement dated November 8, 1996)       

Subordinated Medium-Term Notes, Series F                     
Due Nine Months or More From Date of Issue                   


Principal Amount:                                    $  15,000,000.00
Issue Price:                             100.000%    $  15,000,000.00
Commission or Discount:                    2.220%    $     333,000.00

Proceeds to Company:                      97.780%    $  14,667,000.00

Agent:                        Morgan Stanley & Co. Incorporated, as Principal  


Original Issue Date:            June 26, 1997       

Stated Maturity Date:           June 26, 2012       

Cusip #:                        63858S-BF-5    
Form:                           Book entry only        


Interest Rate:                  7.550% Fixed                

Interest Payment Dates:         26th of each June and December,
                                commencing December 26, 1997

                                                                              
Discount Note?                                                 No  
May the Notes be redeemed by the Company prior to maturity?    Yes    

The notes will be subject to redemption at the option of the Company, 
in whole, on the Interest Payment Date occurring June 26, 2001 and 
each Interest Payment Date occurring in June or December thereafter at
a redemption price equal to 100% of the principal amount of the 
Notes, plus accrued interest thereon, if any, upon at least 30 calendar
days prior notice, as described in the Prospectus Supplement. 


May the notes be repaid prior to maturity at the option of 
the holder?                                             No   



                          Morgan Stanley Dean Witter