WILMINGTON, Del. — MBNA Corp.’s fourth-quarter net income rose 32.5% from a year earlier, to $423.8 million, or 48 cents per common share.

For the full year, the credit card issuer’s net income rose 30%, to $1.3 billion, or $1.53 per share.

The fourth quarter was “the best quarter in our history,” said Charlie Cawley, president of MBNA. Total managed loans at yearend 2000 rose 22.8%, to $88.8 billion.

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