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Glossary
NAMA

NAMA

NAMA is an abbreviation for Ireland’s National Asset Management Agency. This body was set up to take assets off struggling Irish financial institutions after the credit crisis of 2009

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SAREB

SAREB is an acronym in Spanish for Sociedad de Gestión de Activos procedentes de la Reestructuración Bancaria. It is a holding bank (a bit like NAMA in Ireland), established in 2012 in Spain that holds property and other assets transferred to it by four nationalised banks to get the bad assets off their balance sheets. […]

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