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Section 226 of the National Asset Management Agency Act 2009 requires the Comptroller and Auditor General to assess, every three years, the extent to which NAMA has made progress toward achieving its overall objectives. This (fifth) review assesses NAMA’s progress on the achievement of its objectives up to the end of 2024.
The National Asset Management Agency (NAMA) was established in December 2009 as part of the State’s response to the 2008 banking crisis. The purposes and functions of NAMA are specified in the National Asset Management Agency Act 2009.This report assesses the extent to which NAMA has made progress in achieving its overall objectives.
This report reviews NAMA’s management and disposal of a portfolio of loans called Project Nantes. The report also examines whether the sale infringed upon the requirements of section 172 of the NAMA Act.
This report is based on a review of the extent to which the NAMA has made progress in achieving its overall objectives.
Section 226 of the National Asset Management Agency Act 2009 requires the Comptroller and Auditor General every three years to assess the extent to which NAMA has made progress toward achieving its overall objectives. This is the third progress report. It considers NAMA’s progress in relation to achievement of its key objectives and targets up to the end of 2018.
This report reviews the extent to which the loan acquisition process has been completed, the profile of collateral underlying the loans and how NAMA manages its relationships with borrowers.
This focus of this report was a review of the Acquisition of Bank Assets by the National Asset Management Agency.
Section 226 of the National Asset Management Agency Act 2009 requires the Comptroller and Auditor General every three years to assess the extent to which NAMA has made progress toward achieving its overall objectives. This is the fourth progress report. It considers NAMA’s progress in relation to the achievement of its key objectives and targets up to the end of 2021.
