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Friday 24 November 2017

NAMA TIMELINE

Sept 29/30 2008 Anglo saved from going bust through the State guarantee

Jan 2009 Anglo nationalised by Brian Lenihan

April 2009 Lenihan announces Nama and says credit will flow

Sept 2009 Banks get capitalised to the tune of €11bn -- €4bn of which goes in to Anglo

Dec 2009 Transfer of top 10 borrowers fails to happen

Feb 2010 Nama top 10 are named and their loans will be transferred in a matter of weeks

Mar/Apr 2010 Capitalisation of banks to take place, with some saying it could cost over €30bn

Sunday Independent

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