NAMA
National Assets Managment Agency. A "bad bank" created by the government in 2009. It will take over property development loans from banks in return for government bonds.
# nama - Saturday 15 June, 2013
Cutbacks force Architectural Archive to close for summer
Ireland’s ‘buildings record’ says it has to make its six staff temporarily redundant.
# nama - Thursday 6 June, 2013
Celtic Tiger furniture goes under the hammer at a “fraction” of boom time prices
Upmarket antiques shop that sold fireplaces to people including property tycoon Sean Dunne is having a clear out this weekend.
# nama - Wednesday 5 June, 2013
Unfinished Anglo HQ defaced with anti-Semitic graffiti
The graffiti, shown in our pictures, was discovered this morning and the owner of the site, the Central Bank, is now investigating how a break-in occurred.
How Sean Dunne could be declared bankrupt in Ireland… and in the US
A court ruling in the US is a blow to the former property developer who owes millions to Ulster Bank.
# nama - Tuesday 4 June, 2013
British government ‘wants Ireland to buy Ulster Bank’ – report
The BBC says the Treasury will give up ownership of Ulster Bank in exchange for the British loans currently held by NAMA.
# nama - Thursday 30 May, 2013
NAMA makes €228 million profit in 2012
The company published the reports for its third year in operation today.
# nama - Tuesday 28 May, 2013
NAMA funding University of Ulster study
Ireland’s zombie bank has given the university €24,000 to carry out study of land banks
# nama - Friday 24 May, 2013
Irish Architectural Archive appeal for funds, they even asked NAMA
The organisation holds over 2.5 million architectural drawings and 500,000 photographs of Irish buildings.
# nama - Thursday 23 May, 2013
The 5 at 5: Thursday
5 stories, 5 minutes, 5 o’clock.
NTMA and NAMA staff will lose exemption from new public pay cuts
Some staff at the NTMA refused to take voluntary pay cuts – so now the agency will be liable to mandatory deductions.
# nama - Monday 13 May, 2013
The NAMA advisors who work for free cost €23,000 last year
Hotels, travel and subsistence cost meant that the NAMA advisory group, which works pro-bono, cost thousands of euro last year.
# nama - Friday 10 May, 2013
No more consultations on salary waivers for NAMA/NTMA staff on over €200k
Finance Minister Michael Noonan said there will be no further discussions with three members of staff who refused to waive 15 per cent of their salaries.
# nama - Thursday 9 May, 2013
NTMA paid PR company €630,000 to “keep taxpayers in the dark”
NAMA and NTMA paid more than €630,000 to one media relations company since 2010
# nama - Wednesday 8 May, 2013
100 jobs created after Minister Reilly’s controversial care centre gets go-ahead
The location of the facility, in Minister for Health’s James Reilly’s constituency, was met with controversy last year.
# nama - Saturday 4 May, 2013
Bankrupt developer Sean Dunne reveals liabilities of €718 million
The bankruptcy filing also reveals that he has an average monthly income of €17,000 per month.
# nama - Friday 26 April, 2013
Three NTMA staff earning over €200k won’t take pay cut this year
Finance Minister Michael Noonan had asked the 13 staff earning over €200,000 at the National Treasury Management Agency to continue voluntary pay cuts this year but some have refused.
# nama - Monday 22 April, 2013
Labour MEPs call on government to release information about IBRC liquidation
MEP Phil Prendergast said that “a blanket refusal policy would serve only to heighten distrust in government and in the ECB.”
# nama - Saturday 20 April, 2013
Union now tells IBRC staff to cooperate with NAMA over new roles
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
# nama - Friday 19 April, 2013
The Evening Fix… now with added ways to test if your smile still works
Here are the things we learned, loved and shared today…
The 5 at 5: Friday
5 minutes, 5 stories, 5 o’clock…
Receivers appointed to companies behind former Grand Canal Theatre and Point Village
NAMA has installed receivers from Grant Thornton accountants to run some companies controlled by businessman Harry Crosbie.
# nama - Monday 8 April, 2013
IMF: Bank losses and IBRC wind-down could cost taxpayer another €16bn
The IMF says NAMA may need to be compensated if it pays more than the market price for IBRC assets.
# nama - Saturday 6 April, 2013
Noonan insists IBRC staff can only get statutory redundancy
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
# nama - Friday 5 April, 2013
New face on NAMA board
Oliver Ellingham was appointed to the board by the Minister for Finance this afternoon.
# nama - Thursday 4 April, 2013
Union warns of ‘further serious action’, tells IBRC staff not to cooperate with NAMA
The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.
# nama - Saturday 9 March, 2013
Dublin City Council body issues NAMA with ultimatum over shopping centre
Plans for regeneration of Ballymun Shopping Centre were announced in 1997 but the property has now been taken over by NAMA.
# nama - Tuesday 5 March, 2013
NAMA costs in environmental information court case total €71,350
The figure came from the Minister for Finance in an answer to a parliamentary question from Sinn Féin deputy Pearse Doherty.
# nama - Wednesday 27 February, 2013
NAMA loses High Court appeal over environmental information requests
The High Court finds that NAMA has a legal requirement to respond to requests for environmental data from the public.
# nama - Friday 22 February, 2013
Noonan hints €1bn IBRC savings will go to repay debts
Michael Noonan thinks it would make more sense not to use the promissory note proceeds to ease the next Budget.
# nama - Thursday 21 February, 2013
Nama to make significant investment in Dublin Docklands area
The Agency said the decision to invest in the area was in response to emerging demand in key markets, such as financial services sector.
# nama - Tuesday 12 February, 2013
Noonan: IBRC liquidation is ‘crude’ but staff in better position than most
The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.
Column: Social housing in Ireland has reached ground zero
Despite demand being at an all-time high, funding for social housing has almost disappeared. If we commence building and utilise NAMA properties we can reduce waiting lists and stimulate the construction industry, writes Donal McManus.
# nama - Monday 11 February, 2013
Average national rent rose 2.2 per cent during 2012 – Daft.ie report
Rental rates in Dublin, Cork and Galway saw a second consecutive year of growth as a result of a shortage of accommodation in Ireland’s largest cities, the report reveals.
# nama - Thursday 7 February, 2013
Explainer: What happened last night? Why was IBRC liquidated? What happens now?
Why on earth were the Dáil and Seanad sitting until the small hours of this morning? This might help…
President signs legislation to liquidate IBRC into law
The President returned from his official visit to Rome yesterday to sign the emergency legislation.
TDs vote to liquidate IBRC in dramatic late-night Dáil sitting
TDs voted by 113 votes to 35 to wind down the former Anglo, laying off its employees with immediate effect.
LIVE: Seanad debates legislation to liquidate IBRC
Watch live from the Seanad Chamber as members deliberate on whether to immediately wind down the former Anglo.
Here’s how every TD voted on the Bill to liquidate IBRC
Here’s the total voting chart for how the Dáil divided on its final decision to liquidate the former Anglo Irish Bank.
As it happened: Dáil approves Bill to liquidate IBRC
Catch up with text commentary from the Dáil as TDs voted to wind up the former Anglo.
# nama - Wednesday 6 February, 2013
Poll: Do you support swapping the promissory note for long-term bonds?
The government wants to issue long-term bonds to get rid of the IBRC promissory notes. What do you think?
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