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#Bad Bank

# bad-bank - Last year 2021

Explainer: Will Nama really return a €4 billion surplus to the State?
# Nama Surplus
# Nama Surplus

Explainer: Will Nama really return a €4 billion surplus to the State?

Jan 5th 2021, 7:00 AM 33,995 Views 30 Comments

Nama published its year-end review for 2020 yesterday.

# bad-bank - All time

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

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

Jan 3rd 2019, 2:52 PM 12,419 Views 30 Comments

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

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

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

Dec 18th 2014, 5:14 PM 14,740 Views 28 Comments

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

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

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

Dec 11th 2014, 11:10 AM 14,071 Views 0 Comments

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

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

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

Jul 26th 2014, 8:00 AM 52 Views 7 Comments

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

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

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

Jul 16th 2014, 1:33 PM 21,934 Views 70 Comments

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

Harry Crosbie is suing Nama over €77 million debt charge
# Bad Bank
# Bad Bank

Harry Crosbie is suing Nama over €77 million debt charge

Jun 13th 2014, 12:25 PM 11,081 Views 0 Comments

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

NAMA promises "the sight of cranes returning to Dublin’s Docklands"
# Sky's The Limit
# Sky's The Limit

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

May 27th 2014, 10:44 AM 9,155 Views 34 Comments

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

NAMA sold 26 properties with 'no evidence of open marketing'
# Behind Closed Doors
# Behind Closed Doors

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

May 26th 2014, 4:58 PM 17,109 Views 43 Comments

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

Insolvency chief blasts Bank of Ireland
# Bad Bank
# Bad Bank

Insolvency chief blasts Bank of Ireland

Apr 30th 2014, 12:11 PM 9,296 Views 17 Comments

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

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

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

Apr 4th 2014, 10:14 AM 7,833 Views 43 Comments

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

Want to get into bed with NAMA? Form a queue...
# Asset Sell Off
# Asset Sell Off

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

Apr 3rd 2014, 5:51 PM 28,118 Views 19 Comments

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

'Highly unlikely' that NAMA will still be operating by 2020
# Bad Bank
# Bad Bank

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

Feb 28th 2014, 2:22 PM 8,396 Views 28 Comments

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

Banks with worst complaints handling are named and shamed
# Bad Bank
# Bad Bank

Banks with worst complaints handling are named and shamed

Feb 26th 2014, 8:49 AM 14,675 Views 16 Comments

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

NAMA has raised €16.5 billion since 2010
# Sales
# Sales

NAMA has raised €16.5 billion since 2010

Jan 3rd 2014, 3:36 PM 15,545 Views 57 Comments

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

NAMA to be called before Public Accounts Committee over leak allegations
# NAMA
# NAMA

NAMA to be called before Public Accounts Committee over leak allegations

Dec 18th 2013, 8:47 AM 4,407 Views 23 Comments

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

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

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

Nov 1st 2013, 8:24 AM 7,823 Views 34 Comments

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

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

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

Oct 22nd 2012, 1:30 PM 4,943 Views 15 Comments

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

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

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

Sep 1st 2012, 3:20 PM 4,893 Views 15 Comments

Some are even calling it ‘El Nama’…

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

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

Jun 12th 2012, 1:25 PM 3,369 Views 30 Comments

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

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

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

May 24th 2012, 7:28 PM 2,463 Views 16 Comments

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

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

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

Jan 29th 2012, 11:02 AM 5,371 Views 23 Comments

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.

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

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

Jan 28th 2012, 12:33 PM 5,420 Views 42 Comments

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.

NAMA to hire private detectives to hunt down hidden riches
# BaNAMA Republic
# BaNAMA Republic

NAMA to hire private detectives to hunt down hidden riches

Dec 15th 2011, 10:46 AM 2,628 Views 37 Comments

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

NAMA turns €118m profit in second quarter of 2011
# NAMA
# NAMA

NAMA turns €118m profit in second quarter of 2011

Nov 16th 2011, 4:04 PM 2,393 Views 19 Comments

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

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

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

Oct 26th 2011, 6:24 PM 1,483 Views 47 Comments

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

NAMA confirms pursuit of major developers' pensions
# BaNAMA Republic
# BaNAMA Republic

NAMA confirms pursuit of major developers' pensions

Oct 3rd 2011, 1:36 PM 702 Views 6 Comments

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

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

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

Jul 28th 2011, 11:39 AM 310 Views 4 Comments

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

NAMA chairman denies builders can buy back their properties cheaply
# BaNAMA Republic
# BaNAMA Republic

NAMA chairman denies builders can buy back their properties cheaply

Jun 14th 2011, 5:30 PM 1,503 Views 33 Comments

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

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

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

Apr 20th 2011, 3:16 PM 6,010 Views 0 Comments

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