Dáil Éireann Debate, Tuesday - 11 March 2014
65. Deputy Stephen S. Donnelly asked the Minister for Finance further to Parliamentary Questions Nos. 212 and 213 of 18 February 2014, if he will confirm the amount of advances approved by the National Asset Management Agency to be spent in Northern Ireland, for the two periods inception to May 2012 and inception to date; and if he will make a statement on the matter. [11608/14]
View answer66. Deputy Stephen S. Donnelly asked the Minister for Finance further to Parliamentary Questions Nos. 212 and 213 of 18 February 2014, if he will confirm the amount of advances approved by the National Asset Management Agency in respect of Northern Ireland borrowers for the two periods inception to May 2012 and inception to date; and if he will make a statement on the matter. [11609/14]
View answerI propose to take Questions Nos. 65 and 66 together.
I am advised that NAMA has, since inception, approved €160m in new advances to Northern Ireland debtors; €55m had been approved to May 2012. As per my response of 18 February 2014 to Parliamentary Questions Nos. 212 and 213, 1% of the May 2012 total and 2% of the total to December 2013 were drawn down in Northern Ireland.
