Nama
Retailer
NAMA may be able to sell UK loans sooner...the UK housing market may be starting to level off. NAMA is buying property loans with book value of EUR77bn from three banks and two building societies at an average discount of 30pc. McDonagh said that while NAMA will be set up within the... In this article: Nama, UK, Nationwide Building Society, Dublin, Italy, Germany, and Ireland |
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Independent.ie | November 18, 2009
AIB raises forecast on bad loans to EUR5.3bn
...was stabilising. Finance Minister Brian Lenihan told the Dail in mid-September that the country's lenders were expected to take an average 30pc writedown on around EUR77bn of loans being taken over by NAMA. Within hours of the...
In this article: Allied Irish Banks, Bad debt, UK, and Republic of Ireland
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The Australian | 5 days ago
RBS looks to dump assets in Ireland
...RBS's application to join the scheme. The Irish officials had no idea RBS was considering using the Nama scheme until Hester alluded to the possibility in a conference call with analysts two weeks ago. His comments came after the bank...
In this article: RBS, Stephen Hester, Ireland, Ulster Bank, European Union, Geoscience, Deflation, and Australian Stock Exchange
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BBC News | November 04, 2009
Bank of Ireland reports huge loss
...Ireland's Minister for Finance Brian Lenihan said around 16bn euros worth of Bank of Ireland loans would be transferred into Nama, the country's "bad bank" which is intended to remove toxic property loans from lenders' balance sheets.
In this article: Bank of Ireland, Irish government, Ireland, UK, Joint venture, Balance sheet, Recession, Post Office, and Allied Irish Bank
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BBC News | October 15, 2009
Irish bad bank 'will make profit'
...will enhance Ireland's international credit rating. Mr Lenihan's plan assumes Nama's 54bn euro debt will fall by 6.5bn euros per year from 2013 onwards, until Nama's wind-up in 2020. It was also revealed that Irish officials are in talks...
In this article: UK, Balance sheet, Irish government, Fine Gael, and Richard Bruton
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Scotland on Sunday | September 29, 2009
Call to find 'bad bank' alternative
The existing North South Ministerial Council should be used as a forum to enable governments on either side of the border to examine the Nama (National Assets Management Agency) plan, the party's Jennifer McCann told the Stormont Assembly.
In this article: Jennifer McCann, All rights reserved, Bad debt, Deflation, Irish government, Sinn Fein, and Sammy Wilson
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Independent.ie | 3 days ago
IL&P queries NAMA plan over 'competitive distortions'
...distortions" in the Irish banking system. It has also cautioned that NAMA's acquisitions of bank assets may have the effect of "distorting the market for investment property in Ireland". "NAMA may precipitate a restructuring process of...
In this article: Irish Life & Permanent, Anglo Irish Bank, and Balance sheet
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Independent.ie | October 20, 2009
NAMA's EUR54bn purchases won't be counted as national debt
...chief economist at KBC Bank of Ireland. The EU approval for not counting the NAMA purchases depends on the complex terms of the National Assets Management Agency (NAMA) legislation being passed. A "special purpose vehicle" (SPV) with...
In this article: EU, Respondent, Fine Gael, and KBC Bank
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Independent.ie | November 11, 2009
New duo to manage debt woes
...national debt, will take over as its chief executive. This will follow the retirement in the next few weeks of Michael Somers, the present chief executive officer of NAMA. Mr McDonagh will have the job of managing the EUR54bn of bank...
In this article: Anglo Irish Bank, Eugene Regan, and Ireland
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Independent.ie | September 10, 2009
Moody's gives nod to NAMA but sees gloomy years ahead
...be reduced ANALYSTS at credit rating agency Moody's have given support to the Government's budget plans and NAMA bank rescue scheme, but painted a stark picture of gloomy prospects for the Irish economy over the next few years. In its...
In this article: Moody's, Ireland, and Balance sheet
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Description from Wikipedia:
Nama, or NAMA, is the acronym for Narodni magazin. This was a chain of department stores in the former SFRY and the first Slovenian department store. Nama still owns two stores in Slovenia today:
*On the Tomšičeva street in Ljubljana. The main façade is directed towards Slovenska cesta, vis-a-vis the central office of the Post of Slovenia.
*In Škofja Loka (facing the main bus station in that city).
In the past, stores also existed in Žalec, in Kočevje, in Slovenj Gradec, in Ravne na Koroškem and in Velenje.
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