Irish minister explains ‘bad’ bank

Irish finance minister Brian Lenihan is visiting European capitals during May 2009 to explain how Ireland’s National Asset Management Agency (NAMA) will operate – taking over ‘bad’ bank loans to encourage lending to businesses.

ESO: Background Information: Ireland treads a fine line on bad banks http://www.europeansources.info/record/ireland-treads-a-fine-line-on-bad-banks/

Website: National Asset Management Agency (NAMA) http://www.nama.ie/

Wikipedia: National Asset Management Agency http://en.wikipedia.org/wiki/National_Asset_Management_Agency

Irish Times, 18.5.09: Nama's role must be defined http://www.irishtimes.com/newspaper/opinion/2009/0518/1224246808435.html

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