Ireland’s National Asset Management Agency is poised to take on an additional 20,000 loans from Bank of Ireland and Allied Irish Banks after amendments to legislation lowered the threshold of transfer to NAMA from €20 million ($27.37 million) to €5 million ($6.84 million). The total value, however, is expected to be lower than the €16 billion ($21.9 billion) projected earlier as so-called “associated loans” are not to be included.

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