Written answers
Thursday, 17 June 2010
Department of Finance
National Assets Management Agency
5:00 pm
Brian O'Shea (Waterford, Labour)
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Question 72: To ask the Minister for Finance the timeline for the transfer of loans to the National Assets Management Agency; and if he will make a statement on the matter. [25614/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The transfer of the first tranche of loans from the five participating institutions concluded on 31 May 2010. Tranche 2 will begin to transfer this month. NAMA is on schedule to complete all transfers by the end of this year and by February 2011 at the latest.
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