Search for nama segment:7748920 (KildareStreet.com)

Written Answers — Department of Finance: National Asset Management Agency (29 Sep 2020): Catherine Connolly: ...the Minister for Finance the series of commitments given by his Department in 2019 to the EU Commission in relation to the request to extend the lifespan of the National Asset Management Agency, NAMA, until 2025, in tabular form; and if he will make a statement on the matter. [26867/20]
Written Answers — Department of Finance: National Asset Management Agency (29 Sep 2020): Paschal Donohoe: On 25th July 2019 the European Commission approved, under EU State aid rules, a limited extension of NAMA to 2025. The extension was sought to allow NAMA to continue to work through a small quantum of residual loans in order to maximise the return from these assets to the State. These loans represent less than 1% of what NAMA originally acquired and will be resolved during the period 2021...

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