Donie Cassidy (Fianna Fail)

I would like to read a paragraph on the reason NAMA was established:

NAMA has been set up to cleanse bad loans from banks so they can start to lend again to small-medium sized family businesses. This is about getting the banks to a position where they can start lending to these businesses and this is essential if we are to protect and create further jobs.

Every Member on all sides of this House can agree on that. There are people here who are far more experienced in the banking world than I am, but I will give the longest amount of time that is required by colleagues to debate NAMA at the earliest opportunity. Next week we will have the Finance Bill in the House and that may be an opportunity for people to make points. After the Finance Bill has gone through the House I intend to propose to the House that we have an all-day debate on NAMA and all the challenges facing it.