Agency sold loans with €10m face value for €265k after running out of other options
The National Asset Management Agency gave a 97.5 per cent discount when selling loans related to a portfolio of residential units to a relative of the borrowers, because it believed it would never be able to dispose of the land due to a campaign of intimidation.
Nama booked a loss of nearly €6 million on loans – backed by collateral on 14 occupied rental homes, 28 unfinished units and seven plots of land – ...
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nama sells loans to debtors’ relative at 97.5% discount amid ‘intimidation’Agency spokesman says its board concluded deal ‘represented a better financial outcome than was available from alternative options’ via IrishTimesBiz
Leer más »
Noel Kelly agency owns Operation Transformation name, company filings showRTÉ says it would be happy to disclose contractual arrangement with Kelly if it was given permission to do so
Leer más »
Hollywood hit Cocaine Bear among film projects securing Irish tax creditsThird series of Netflix hit Valhalla has been the largest budget production to date in Ireland, getting tax relief of between €10m and €30m
Leer más »
Banks double business loan interest rates over past yearMortgage rates for new loans now average 3.84%, ahead of 3.7% average across EU lenders
Leer más »
Nama sells loans to debtors’ relative at 97.5% discount amid ‘intimidation’Agency spokesman says its board concluded deal ‘represented a better financial outcome than was available from alternative options’ via IrishTimesBiz
Leer más »
Tottenham complete Solomon signing after winger cancels Shakhtar contractSpurs have signed the Israel international after he was able to cancel his deal with Shakhtar Donetsk
Leer más »