NAMA’s Losses Surge In Q4
Ireland’s National Asset Management Agency posted losses of €678 million ($1 billion) in the fourth quarter—compared with €35.5 million ($52.47 million) in the preceding three-month period as the bad bank took a €1 billion ($1.48 billion) charge to cover potential losses on the loans it acquired.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast