Exhibit 99.2


MBNA MASTER CREDIT CARD TRUST II SERIES 1994-B

KEY PERFORMANCE FACTORS
August 31, 1997



Expected B Maturity 9/15/99


Blended Coupon 5.66528%



Excess Protection Level
3 Month Average 4.66%
August, 1997 4.58%
July, 1997 4.54%
June, 1997 4.87%


Cash Yield 17.46%


Investor Charge Offs 4.84%


Base Rate 8.04%


Over 35 Day Delinquency 4.66%


Seller's Interest 14.91%


Total Payment Rate 12.37%


Total Principal Balance $ 30,603,901,306.35


Investor Participation Amount $ 1,000,000,000.00


Seller Participation Amount $ 4,563,766,787.86