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NAMA Expenditure

Dáil Éireann Debate, Thursday - 24 September 2015

Thursday, 24 September 2015

Ceisteanna (92)

Michael McGrath

Ceist:

92. Deputy Michael McGrath asked the Minister for Finance the number of National Asset Management Agency borrowers who have been advanced further loans to complete projects to date; the total sum involved; and if he will make a statement on the matter. [32631/15]

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Freagraí scríofa

I am advised by NAMA that, to date, it has advanced €2.5 billion in new development funding to debtors and receivers across a range of commercially viable residential and commercial property development projects.  I am further advised that development funding has been advanced to, in total, 265 debtor connections.

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