Nama loans €373m in vendor finance

Nama has lent out €373 million in vendor finance in an effort to encourage purchasers to take stock off its hands.

21st September, 2014

Nama has lent out €373 million in vendor finance in an effort to encourage purchasers to take stock off its hands.

New figures reveal the scale of finance advanced by the state toxic loans agency to buyers, who then use it to acquire properties controlled by the agency.

The initiative is designed to increase transactions of Nama properties. The figure was revealed last week in a response to a parliamentary question by Fianna Fáil finance...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago