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#Bad Bank

# bad-bank - Thursday 3 January, 2019

Social housing stock dries up but Nama says it's still on course to deliver 20,000 homes by 2020

The head of Nama has hailed 2018 as “another very successful year”.

# bad-bank - Thursday 18 December, 2014

'It saddens me to be part of a parliament that brings about this grief' - Nama told

But the bad bank’s boss came out swinging against claims it was being a bully.

# bad-bank - Thursday 11 December, 2014

NAMA's court bid to seize dead farmer's land from widow and son

The Public Accounts Committee is to seek a hearing with the widow of a farmer who took his own life two years ago.

# bad-bank - Saturday 26 July, 2014

Aaron McKenna: Massive state intervention in house building? Welcome back to 2007

In the normal course of things, Nama would be wound down and consigned to the history books…

# bad-bank - Wednesday 16 July, 2014

Pathway to 'Dublin's Canary Wharf': Nama's €3 billion property play

Developers who had lands transferred to the State’s bad bank could end up developing sites in the Docklands.

# bad-bank - Friday 13 June, 2014

Harry Crosbie is suing Nama over €77 million debt charge

The former developer is alleging that Nama leaked personal information about him and is unfairly pursuing him over debts.

# bad-bank - Thursday 29 May, 2014

The 5 at 5: Thursday

5 minutes, 5 stories, 5 o’clock…

# bad-bank - Tuesday 27 May, 2014

NAMA promises "the sight of cranes returning to Dublin’s Docklands"

The state’s bad bank generated €4.5 billion last year.

# bad-bank - Monday 26 May, 2014

NAMA sold 26 properties with 'no evidence of open marketing'

The state’s bad bank is also unable to say how much it takes in rental income.

# bad-bank - Wednesday 30 April, 2014

Insolvency chief blasts Bank of Ireland

The state-backed lender’s refusal to engage with personal insolvency legislation is in the crosshairs.

# bad-bank - Friday 4 April, 2014

NAMA sells €5.4bn Northern Ireland loan book but won't disclose sale price

The loan portfolio, codenamed Project Eagle, has been sold to New York based investment firm Cerberus.

# bad-bank - Thursday 3 April, 2014

Want to get into bed with NAMA? Form a queue...

121 companies have expressed an interest in partnering on NAMA’s property portfolio.

# bad-bank - Friday 28 February, 2014

'Highly unlikely' that NAMA will still be operating by 2020

The bad bank announced plans today for another multi-billion redemption of senior bonds.

# bad-bank - Wednesday 26 February, 2014

Banks with worst complaints handling are named and shamed

Mortgages arrears complaints made up half of all cases in 2013.

# bad-bank - Friday 3 January, 2014

NAMA has raised €16.5 billion since 2010

The bad bank raised €5.8 billion of that figure in 2013.

# bad-bank - Wednesday 18 December, 2013

NAMA to be called before Public Accounts Committee over leak allegations

Hearings are likely to take place with National Asset Management Agency and Department of Finance officials in the New Year.

# bad-bank - Friday 1 November, 2013

Ulster Bank assets to be transferred to RBS 'bad bank'

The UK taxpayer rescued RBS says it will conduct a review of Ulster Bank “for supporting the Northern Irish and Irish economies”.

# bad-bank - Monday 22 October, 2012

NAMA sells 17 per cent stake in holding company to UK firm

The State’s ‘bad bank’ has announced the sale of 17 per cent of shares in its investment holding company to a UK firm.

# bad-bank - Saturday 1 September, 2012

Sound familiar? Spain creates 'bad bank', limits bank execs pay to €500k

Some are even calling it ‘El Nama’…

# bad-bank - Tuesday 12 June, 2012

Bacon: 'Sell NAMA and create a new national mortgage bank'

Peter Bacon, the man who invented NAMA, believes the time has come for the State to consider a privatisation.

# bad-bank - Thursday 24 May, 2012

'Considerable challenge' for Nama to break even - official report

Falling house prices and disappointing rental returns mean the taxpayer may not recoup money poured into Nama, a new Government report suggests.

# bad-bank - Sunday 29 January, 2012

In pictures: Unlock NAMA occupation of building in Dublin city centre Unlock NAMA This post contains images

In pictures: Unlock NAMA occupation of building in Dublin city centre

The campaign yesterday took over a building in Dublin’s city centre which they said was owned by NAMA. Here’s the best photographs from what happened.

# bad-bank - Saturday 28 January, 2012

Protesters take over NAMA-owned building and open it to the public Unlock NAMA This post contains images

Protesters take over NAMA-owned building and open it to the public

The Unlock NAMA group has taken over a building in Dublin’s city centre this morning – and plans to open more of NAMA’s buildings to the public.

# bad-bank - Thursday 15 December, 2011

NAMA to hire private detectives to hunt down hidden riches

The agency has advertised looking for staff to help “verify the accuracy” of financial statements submitted by its debtors.

# bad-bank - Wednesday 16 November, 2011

NAMA turns €118m profit in second quarter of 2011

The State’s ‘bad bank’ increases profits, making €118m in three months, generating over €800m in cash in the three months.

# bad-bank - Wednesday 26 October, 2011

NAMA is paying €200,000 salaries to two indebted developers

Two of the ‘major’ developers who owe millions to the bad bank are being paid €200k salaries – and all can be paid commission.

# bad-bank - Monday 3 October, 2011

NAMA confirms pursuit of major developers' pensions

The State’s ‘bad bank’ says it wants to get its hands on the pension pots of indebted developers – some of them worth millions.

# bad-bank - Thursday 28 July, 2011

NAMA posts €305m operating profit for 2010 - but loses €1.18bn overall

The bad bank’s annual report gives some insight into how the country’s indebted developers are performing.

# bad-bank - Tuesday 14 June, 2011

NAMA chairman denies builders can buy back their properties cheaply

It had been claimed that developers whose properties were taken over by NAMA were looking to buy them back at huge discounts.

# bad-bank - Wednesday 20 April, 2011

Anglo Irish Bank: Our D.I.V.O.R.C.E. is coming through today

Iconic sign removed from front of toxic bank’s Dublin HQ a day after the Nyberg Report on the Irish banking collapse.