Written answers
Thursday, 18 July 2013
Department of Finance
National Equity Management Agency
Catherine Murphy (Kildare North, Independent)
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131. To ask the Minister for Finance if he has considered the establishment of a national equity management agency modelled on National Asset Management Agency, empowered to raise capital independently and designed to process the bulk of the State's non-performing mortgages to a satisfactory resolution; and if he will make a statement on the matter. [36362/13]
Michael Noonan (Limerick City, Fine Gael)
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I have no plans to establish an Equity Management Agency along the lines described by the Deputy at this time.
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