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NAMA Operations

Dáil Éireann Debate, Tuesday - 18 February 2014

Tuesday, 18 February 2014

Questions (212, 213)

Pearse Doherty

Question:

212. Deputy Pearse Doherty asked the Minister for Finance if he will provide, in tabular form, the amount of advances approved and actually paid over by the National Asset Management Agency to borrowers since NAMA's inception to date, categorized by jurisdiction, specifically, the South of Ireland, the North of Ireland, Britain and the rest of world. [8180/14]

View answer

Pearse Doherty

Question:

213. Deputy Pearse Doherty asked the Minister for Finance if he will provide, in tabular form, the amount of advances approved and actually paid over by the National Asset Management Agency to borrowers since NAMA's inception to 23 May 2012 when NAMA announced a new and additional €2 billion investment fund, categorised by jurisdiction, specifically, the South of Ireland, the North of Ireland, Britain and the rest of world. [8181/14]

View answer

Written answers

I propose to take Questions Nos. 212 and 213 together.

The detail sought by the Deputy is set out in tables.

New Advances: Approved and Drawn

 -

Approved

Drawn

From Inception To May 2012

€1,302.2m

€643.3m

From Inception To December 2013

€2,426m

€1,160m

New Advances: Drawn by Jurisdictions

 -

To May 2012

To December 2013

Ireland

44%

45%

Northern Ireland

1%

2%

Britain

49%

47%

Other

6%

6%

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