Debtors need to 'adapt to new realities', warns Nama chief

The chairman of National Asset Management Agency (Nama) has today warned that enforcement action is likely against more of the agency's largest debtors.

Debtors need to 'adapt to new realities', warns Nama chief

The chairman of National Asset Management Agency (Nama) has today warned that enforcement action is likely against more of the agency's largest debtors.

Frank Daly has said that some debtors have still not adapted to the "new realities" since the collapse of the property market, and are making little effort to progress matters with Nama.

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