PoliticalRepoPoliticalRepo

Ireland · Question · written

PQ 112

116 Deputy Pearse Doherty asked the Minister for Finance following the statement by the CEO of the National Asset Management Agency at the Committee of Public Accounts hearing on 5 July 2012, in which he stated that for 2011, the loan balances net of impairment approximately €25.5 billion and the fair value of approximately €25 billion; and if he will explain the reason NAMA’s fair value, as a proportion of the carrying value, is considerably higher than the fair value of loans shown by Allied Irish Banks, Bank of Ireland and Irish Life & Permanent in their respective 2011 annual reports. [35125/12]

askedIreland· Dáil Éireann· EN

Introduced

17 July 2012

Last action

17 July 2012 · National Asset Management Agency

Status

written

Sponsors

Pearse Doherty

Subjects

Discovery layer

Source updated

17 July 2012

Summary

116 Deputy Pearse Doherty asked the Minister for Finance following the statement by the CEO of the National Asset Management Agency at the Committee of Public Accounts hearing on 5 July 2012, in which he stated that for 2011, the loan balances net of impairment approximately €25.5 billion and the fair value of approximately €25 billion; and if he will explain the reason NAMA’s fair value, as a proportion of the carrying value, is considerably higher than the fair value of loans shown by Allied Irish Banks, Bank of Ireland and Irish Life & Permanent in their respective 2011 annual reports. [35125/12]

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 17 July 2012

    National Asset Management Agency

    116 Deputy Pearse Doherty asked the Minister for Finance following the statement by the CEO of the National Asset Management Agency at the Committee of Public Accounts hearing on 5 July 2012, in which he stated that for 2011, the loan balances net of impairment approximately €25.5 billion and the fair value of approximately €25 billion; and if he will explain the reason NAMA’s fair value, as a proportion of the carrying value, is considerably higher than the fair value of loans shown by Allied Irish Banks, Bank of Ireland and Irish Life & Permanent in their respective 2011 annual reports. [35125/12]

    Source: written

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

National Asset Management Agency

View fileDownload file

Sponsors

  • Pearse Doherty · Asking member
  • Minister for Finance · Minister for Finance · Addressed to

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.