Financial chiefs to report to Oireachtas today

The heads of the National Assets Management Agency (Nama) and the National Treasury Management Agency (NTMA) are to appear before an Oireachtas Committee today.

Financial chiefs to report to Oireachtas today

The heads of the National Assets Management Agency (Nama) and the National Treasury Management Agency (NTMA) are to appear before an Oireachtas Committee today.

Nama was set up by the Government to try and find a solution to the banking crisis.

It will acquire more than 1,200 property loans with a nominal value of €16bn for €8.5bn.

The agency expects to complete the transfer of all remaining loans with the five institutions by the end of the year.

Today's meeting of the Oireachtas Joint Committee on Finance and Public Service will discuss the priorities for Nama and any issues in relation to the transfer of loans to the agency.

more courts articles

DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules
Former prisoner given indefinite hospital order for killing Irishman in London Former prisoner given indefinite hospital order for killing Irishman in London

More in this section

Finance minister uses AI pictures to highlight risk of identity theft Finance minister uses AI pictures to highlight risk of identity theft
Anonymous drama therapy ‘Humanity answered the phone that dark night’: Woman hails Samaritans helpline
Watch: Bruce Springsteen Fans at Páirc Uí Chaoimh  Watch: Bruce Springsteen Fans at Páirc Uí Chaoimh 
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited