Govt may pay high price for bad bank loans

The Government could end up paying too much for bad loans from banks, it was warned today.

Wed, 06 May, 2009 - 20:44

The Government could end up paying too much for bad loans from banks, it was warned today.

The National Asset Management Agency (Nama) is beginning talks with lenders about taking over borrowings which were worth €90bn at the height of the property boom.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

CONNECT WITH US TODAY

Whatsapp logo

WHATSAPP

Newsletter logo

NEWSLETTERS

Notification logo

NOTIFICATIONS

Be the first to know the latest news and updates

More in this section

Passenger waits for plane in an airport 'Ireland could face rent hikes of €250 a year by 2031 linked to air tourism'
Killucan helicopter crash Helicopter crash probably due to loss of control during training manoeuvre
€160k tender to help Ipas assess asylum seekers’ transfer requests €160k tender to help Ipas assess asylum seekers’ transfer requests
CourtsHeathrowPerson: Karl WhelanPerson: Prof.Person: WhelanPerson: Patrick HonohanPerson: NamaPerson: HonohanPerson: Richard BrutonOrganisation: National Asset Management AgencyOrganisation: NAMAOrganisation: Oireachtas finance committeeOrganisation: UCDOrganisation: Bank of IrelandOrganisation: AIBOrganisation: Trinity CollegeOrganisation: OireachtasOrganisation: Fine GaelOrganisation: EU
<p>First responders in Malaga, Spain. It is understood that three people who died in the crash in early hours of Sunday morning were Irish. Picture: iStock </p>

Three Irish people feared dead in Malaga collision

READ NOW

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited