Written answers

Thursday, 14 April 2016

Photo of Paul MurphyPaul Murphy (Dublin South West, Anti-Austerity Alliance)
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75. To ask the Minister for Finance the number of debtors who have exited the National Assets Management Agency to date; the number of these who have repaid their debts in full; the total original debts owed to the agency by such exited debtors, and the amount recovered by the agency from them. [6305/16]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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NAMA originally paid €31.8 billion to acquire a €74 billion loan book, comprising of 779 debtor connections. I am advised that, as at 31 March 2016, 442 debtor connections with a par debt of €18.5 billion had exited NAMA. This comprises debtor connections that reached a final agreement with NAMA and debtor connections whose loans were sold. 44 debtor connections have repaid their par debt in full. I am further advised that the 442 debtor connections have repaid €9.6 billion to the Agency.

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