Thursday February 20, 2020

More than half of Nama working capital goes to British projects

More than half of the National Asset Management Agency’s working capital is allotted to projects in Britain.

23rd February, 2012

More than half of the National Asset Management Agency’s working capital is allotted to projects in Britain.

Finance minister Michael Noonan has told the Dáil that 51 pe rcent of €980 million in working capital approved by Nama for borrowers relates to Britain. Some 41 per cent of capital was approved for projects in the Republic of Ireland, the minister said in a written reply to a question on the matter.

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