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Sunday 3 December 2023 Dublin: 1°C

# BaNAMA Republic

All time
PUP and EWSS Covid supports discussed at Cabinet Sub Committee - but no change made
Bars, restaurants and nightclubs had only recently seen restrictions start to relax.
Nearly 700 NAMA units being provided suitable for social housing - minister
Jan O’Sullivan says over 2,000 properties have been appraised for their suitability – and only half are fit for use as social housing.
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.
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.
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.
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.
NAMA chairman defends paying six-figure salaries to developers
Frank Daly tells an Oireachtas committee that hiring a developer on a big salary is often cheaper than appointing a receiver.
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.
NAMA to invest €3m in 'urgent' ghost estate work
The national bad bank says it’s funding ‘urgent construction’ in ghost estates linked to the loans it holds.
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.
We'll find out ‘within weeks’ exactly what property NAMA controls
Finance minister Michael Noonan says the NAMA website will list the properties under the control of debtors’ receivers.
Jim Mansfield's executive airport, apartments and golf club swallowed by NAMA
Agency appoints statutory receiver after former billionaire fails to agree how to pay down his debts.
Supreme Court rejects McKillen claims of NAMA unconstitutionality
McKillen can be consulted for input before his loans are acquired, the Supreme Court rules, rejecting his other complaints.
NAMA chief: We're not to blame for cheap hotel rooms
NAMA’s chairman Frank Daly dismisses criticisms that NAMA’s hotel ownership was forcing down the market prices.
Poll: Do you trust NAMA to force developers to pay their debts?
Last night’s Prime Time Investigates showed how developers who owe billions to NAMA are continuing to enjoy extravagant lifestyles involving helicopters, luxury cars – and expensive shopping trips. Do you trust the agency to protect the interests of taxpayers?
Emigration draining GAA clubs of players
Gaelic games are thriving abroad as young men and women depart Ireland in search of work.
Ireland and Manchester United: painful recent pasts and fuzzy futures
American blogger Elliott says there are real parallels between Ireland’s economic ‘situation’ and goings-on at Old Trafford. And it has nothing to do with the whole Wayne Rooney-Ivor Callely thing.
NAMA's overall loan purchases will come at 58% 'haircut'
The state’s bad bank will pay little over two-fifths of the book value to buy the totality of Ireland’s impaired loans.
McKillen's NAMA appeal decision due on Monday
The Commercial Court will decide on Monday whether there are grounds for Paddy McKillen to appeal his NAMA challenge.
NAMA reports €6m profit between April and June
Brian Lenihan says NAMA is ‘functioning well’ as it reports a modest profit for the second quarter.
Alan Dukes: Ireland needs a second bad bank
The Anglo chairman and former FG leader tells a conference Ireland needs a second NAMA.
NAMA denies capping developers salaries at €200k
Indebted developers could be earning even more – but have to shoulder big budget cuts.
Developers score €200,000 salaries from NAMA
NAMA agrees deals with the country’s most indebted developers to fund their new businesses – and pay enviable salaries.
Housing agency calls for 'NAMA for the people'
Threshold urges government to take stake in bad mortgages while allowing tenants to retain a stake and stay in their home.
Defiant Lenihan insists Ireland can avoid bailout
Ireland can “absolutely” dodge the need to go cap-in-hand to Europe – but pensions and welfare could be hit.
New smartphone utility shows properties owned by NAMA
‘NAMAland’ uses your iPhone or Android’s camera and GPS to show you if nearby property is publicly owned.
Anglo CEO: McKillen could help economic recovery
The Commercial Court hears that Mike Aynsley objects to the transfer of Paddy McKillen’s loans to NAMA.
Government insists Quinn must repay €2.8bn Anglo debt
The troubled businessman owes the nationalised bank €2.8bn – and the government demands a taxpayer return.
NAMA backtracks on Bank of Ireland loan takeovers
After consulting with NAMA and Brussels, the government decides only to take loans valued over €20m – up from €5m.
NAMA to take on €2.4bn of undeveloped NI land
The state’s bad bank warns of “financial pain” for developers whose land will have to be sold off as mere farmland.
Ned O'Keeffe calls for cabinet reshuffle
NAMA says it will move quickly against unpaid loans
But insists its business plan is on track.
Anglo’s split: what the internet thought
Social media users react to the government’s latest proposal for Anglo.
In full: Brian Lenihan’s statement on future of Anglo Irish Bank
Brian Lenihan’s full public statement on the future of the nationalised Irish bank.