0 minute readIreland’s “bad bank” is eyeing a profit of €1bn (US$1.26bn) over its lifespan but it could also make a €800mo loss in a more “stressed” scenario, it said in its business plan on Tuesday. Dublin set up the National Asset Management Agency last year to cleanse lenders such as Bank of Ireland and Allied Irish Banks of shaky property loans with a total nominal worth of €81bn.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
