News

• Appointments to NAMA Northern Ireland Advisory Committee (NIAC)

  18 June 2012 – NAMA has reappointed Mr Frank Cushnahan and Mr Brian Rowntree to its Northern Ireland Advisory Committee (NIAC) for a further period of two years.

• NAMA publishes fourth quarter report and accounts and Comptroller & Auditor General publishes second special report on NAMA

  24 May 2012 – NAMA has today published two reports. The first is the Agency’s Fourth Quarter Report and Accounts. The second is a special report on the Agency, undertaken by the Comptroller and Auditor General.

• NAMA proposes to invest €2 billion in Ireland to complete construction work and develop greenfield sites

  23 May 2012 – NAMA proposes to invest €2 billion in Ireland by 2016, generating up to 25,000 construction jobs and an additional 10,000 jobs in the wider economy

• NAMA launches pilot for 80/20 Deferred Payment Initiative

  8 May 2012 – NAMA has today launched its residential mortgage 80/20 Deferred Payment Initiative on a pilot basis. The pilot will initially include 115 properties in Munster and Leinster.

• NAMA publishes update on properties subject to enforcement action

  27 April 2012 – NAMA has updated its website listing of properties that are subject to enforcement action by the Agency, including 44 properties which were added in March. The total number of properties now listed is 1,195.

• NAMA publishes update on properties subject to enforcement action

  29 March 2012 – NAMA has updated its website listing of properties that are subject to enforcement action by the Agency, including 59 properties which were added in February. The total number of properties now listed is 1,169.

• NAMA injects €506 million into Irish economy and is supporting 9,500 jobs in NAMA debtor companies in Ireland

  14 March 2012 – NAMA has approved the injection of €506 million into the Irish economy through working and development capital advances to debtors, NAMA Chief Executive Brendan McDonagh said today.

• Launch of vendor finance in Northern Ireland a significant positive for investment and jobs

  8 March 2012 – NAMA will offer vendor finance to potential buyers of commercial property in Northern Ireland to help stimulate investment and create jobs, NAMA Chairman Frank Daly said today.

• The majority of debtors are co-operating with NAMA

  8 March 2012 – The majority of debtors are co-operating and will work with NAMA to achieve the best result possible for the taxpayer, NAMA Chairman Frank Daly said today.

• Statement by NAMA Chairman on ministerial announcements with respect to NAMA

  7 March 2012 – Frank Daly, Chairman of the NAMA, has welcomed announcements by Minister of Finance in respect of NAMA Board and NAMA Advisory Group.