Nama explained
01 December 2009
The document below is very helpful for anybody wishing to gain an understanding of Nama.
It is easy to understand and follow .
It sets out the origins of the institution,the make up of the loan portfolio,the way in which it will operate and it deals with many of the common misconceptions in reagrd to it's existence and role .
The document also clearly outlines the transfers from the various banks and the geographical spread of the loan risks.
The success of Nama is extremely important for all Irish people .In many ways its success is conditional on the growth of our economy and our ability to get our budget defecit sorted.
See nama document below.