Wednesday November 25, 2020

Massive discount on Nama’s €8bn fire sale loans

22nd April, 2015

An €8.3 billion loan portfolio being auctioned by Nama is expected to fetch as little as €1.5 billion, a figure that shows the scale of distressed loans still on the balance sheet of the state loan agency.

Valuations are currently being finalised on Project Arrow, a portfolio that includes the loans of 500 small and medium developers. Based on initial projections, the portfolio is worth between €1.5 billion and €2 billion.

Many of the loans being...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 6 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 11 months ago