National Assets Managment Agency. A "bad bank" created by the government in 2009. It will take over property development loans from banks in return for government bonds.
Finance Minister Michael Noonan said there will be no further discussions with three members of staff who refused to waive 15 per cent of their salaries.
Finance Minister Michael Noonan had asked the 13 staff earning over €200,000 at the National Treasury Management Agency to continue voluntary pay cuts this year but some have refused.
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
Staff at the former Anglo Irish Bank have seen previously agreed redundancy packages invalidated following the dramatic liquidation of the financial institution in February.
The Irish Bank Officials Association has told IBRC workers not to cooperate with NAMA amid an ongoing dispute over redundancy terms for workers at the liquidated bank.
The Finance Minister said that “insofar as we can” the interests of staff at the bank would be looked out as some 800 employees face uncertainty following the liquidation of the bank last week.
Despite demand being at an all-time high, funding for social housing has almost disappeared. If we commence building and utilise NAMA properties we can reduce waiting lists and stimulate the construction industry, writes Donal McManus.
Rental rates in Dublin, Cork and Galway saw a second consecutive year of growth as a result of a shortage of accommodation in Ireland’s largest cities, the report reveals.
TDs will reconvene after 10pm tonight to discuss plans to transfer IBRC’s assets to NAMA – as part of a deal to replace the promissory notes with long-term Government bonds.
SIXTY-EIGHT PER cent of patients are unaware that they can officially complain about their hospital stay.
An Irish Society for Quality and Safety in Healthcare survey revealed that although 93 per cent of the patients surveyed were satisfied with the service they received, one in every five wanted to discuss an area of dissatisfaction but a third felt they never had the opportunity to do so.
The aspects of care that patients were most dissatisfied with included emergency department conditions and waiting times and lack of information about hospital routines, tests, medication side effects and after-care.
So today we want to know: Have you ever lodged a complaint about a hospital?