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Mon 08 Aug 2010Nama asks bank chiefs to step up their efforts
STATE TOXIC assets agency Nama has written to bank chief executives asking them to step up their efforts in providing it with full information about the loans that it is buying from them.
Nama will this week complete the takeover of loans with a nominal value of €8 billion from State-owned Anglo Irish Bank, whose reckless lending during the boom left it with a severely damaged loan book.
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