herald

Wednesday 25 April 2018

NAMA is up €425m

NAMA said it has made €425m so far from the liquidation of IBRC.

The agency paid €12.9bn to the Central Bank to buy a floating charge over some of IBRC's loans following February's special liquidation.

The liquidators have repaid €425m to NAMA, according to a presentation on the Department of Finance's website.

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