Tuesday March 31, 2020

Nama to leave out Anglo’s US loans

Anglo Irish Bank is set to exclude almost all of its €10 billion US loan book from its transfer of assets to the National Asset Management Agency (Nama), in a move that will pave the way for a quick sale of these loans to another institution.

19th September, 2009

Anglo Irish Bank is set to exclude almost all of its €10 billion US loan book from its transfer of assets to the National Asset Management Agency (Nama), in a move that will pave the way for a quick sale of these loans to another institution.

The nationalised bank - which ramped up its US lending activities from €1 billion in 2004 to €10 billion this year - has received approaches from a number of...

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