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MBNA: ACES OF PLASTICMBNA rose to the top of the banking group--one of the S&P's best-performing industries overall--thanks to its skill with plastic. Credit cards, that is. It concentrates on the creme de la creme of the market: affinity groups united by a common interest or profession. That and careful credit screening keeps delinquencies low. ''We are on the old-fashioned side,'' says President Charles M. Cawley. ''We still have people with green eyeshades making the credit decisions on every individual.''
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Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
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