Lenihan says Irish “bad bank” NAMA will accept €77 billion in property loans for value of €54 billion - - a 30% discount
Sep 16th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Minister for Finance Brian Lenihan today announced in the Dáil the valuation for the property loans with a nominal value of €77 billion that will be transferred to the Irish "bad bank" NAMA (National Assets Management Agency) will be €54 billion - - a 30% discount.