Oireachtas Joint and Select Committees

Thursday, 28 September 2023

Public Accounts Committee

NAMA Financial Statements 2022 and Special Report 116 of the Comptroller and Auditor General

9:30 am

Photo of Colm BurkeColm Burke (Cork North Central, Fine Gael) | Oireachtas source

I will go back to the start of NAMA. It paid €31.8 billion as part of a write-down on loans of €74.4 billion. That was technically a 57% write-down. Taking into account what NAMA realised on its assets and everything else and the return, what has been the percentage write-down? Is it still approximately 50% in real terms from the original loans?

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