NAMA on track to repay debt ahead of target

The National Asset Management Agency (NAMA) will likely be able to redeem its debts, cover its costs ahead of target and deliver a surplus, according to a review by the Department of Finance.

16th July, 2014
NAMA headquarters

The National Asset Management Agency (NAMA) will likely be able to redeem its debts, cover its costs ahead of target and deliver a surplus, according to a review by the Department of Finance.

“Based on NAMA's performance to date and its financial projections in light of the strength of current investor interest in Ireland, NAMA is well positioned to achieve its objectives and so continues to be necessary,” the review said.

The review...

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