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Ireland · Question · written

PQ 49

49. Deputy Stephen S. Donnelly asked the Minister for Finance further to Parliamentary Question No. 127 of 1 July 2014, his views on whether a decision was reversed to raise the threshold for the acquisition of eligible loans by the National Asset Management Agency from Bank of Ireland and Allied Irish Banks on 28 November 2010, the estimate being that NAMA would acquire an additional €16.6 billion of loans with individual values of less than €20 million from the two banks; and if the statement in April 2011 that the transfer of funds below €20 million representing impaired assets from the banking system to NAMA will not now take place amounted to a reversal of this decision. [29977/14]

askedIreland· Dáil Éireann· EN

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9 July 2014

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9 July 2014

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49. Deputy Stephen S. Donnelly asked the Minister for Finance further to Parliamentary Question No. 127 of 1 July 2014, his views on whether a decision was reversed to raise the threshold for the acquisition of eligible loans by the National Asset Management Agency from Bank of Ireland and Allied Irish Banks on 28 November 2010, the estimate being that NAMA would acquire an additional €16.6 billion of loans with individual values of less than €20 million from the two banks; and if the statement in April 2011 that the transfer of funds below €20 million representing impaired assets from the banking system to NAMA will not now take place amounted to a reversal of this decision. [29977/14]

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