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It generated €279 million in cash in the six-month period.

NAMA reports profit after tax of €56m for H1 2022

The National Asset Management Agency (NAMA) has recorded a profit after tax of €56m for the first half of 2022.

NAMA said its valuable expertise and experience could be utilised to address aspects of the housing problem

NAMA asked for ongoing role in solving housing crisis

NAMA asked if it could be used to help with the housing crisis to avoid losing the "valuable expertise and experience" it had built up during its years of operation.

Business • 09 Oct 22

The C&AG said the most significant costs to the State at the end of 2021 were for IBRC, which had a net estimated cost of €37.3 billion

Measures to stabilise banks to hit €45.7 billion - C&AG

The Comptroller and Auditor General has estimated that the cost to the State of measures taken to stabilise the banking system after the financial crisis in 2008 was €45.7 billion, a bigger figure than it had earlier anticipated.

Business • 30 Sep 22

The agency has now transferred a cumulative €3.65 billion cash to the State; €3.25 billion from its lifetime surplus and a further €0.4bn in corporation tax payments

NAMA reports €33m profit after tax for first quarter

The National Asset Management Agency (NAMA) has reported profit after tax of €33m for the first quarter of the year.

Business • 28 Jul 22

Today's latest payment brings the total cash paid over by NAMA to €3.666 billion to date

NAMA transfers another €250m to Exchequer

The National Asset Management Agency has today completed another €250m cash transfer to the Exchequer.

Business • 28 Jun 22

The National Asset Management Agency has generated €47 billion in cash since its inception, with €3.7 billion paid to the State

NAMA had €132m profit in first nine months of 2021

The National Asset Management Agency recorded a profit after tax of €132m in the first nine months of last year.

Business • 26 Jan 22

NAMA transferred a total of €1 billion to the Exchequer during 2021 and has now paid a total of €3.4 billion cash to the State

NAMA eyes potential boost to forecast surplus

The National Asset Management Agency said it expects to potentially return more cash to the state than the €4.25 billion currently forecast by extracting additional value from its remaining portfolio.

Business • 06 Jan 22

Brendan McDonagh, NAMA's chief executive

NAMA transferred €1 billion to Exchequer this year

The National Asset Management Agency has today transferred €250m from its surplus to the Exchequer, its fourth such payment this year.

Business • 20 Dec 21

The payments related to treatment of Professional Services Withholding Tax and VAT on professional services

NAMA made payments worth €4.4m to Revenue

The Minister for Finance has confirmed that the National Asset Management Agency has made a payment of €1.9m to the Revenue Commissioners this year arising from an unprompted voluntary disclosure.

Business • 08 Oct 21

NAMA CEO Brendan McDonagh said today's payment represents just one of a number of cash transfers NAMA continues to make from its lifetime surplus

NAMA makes 4th payment to Exchequer from surplus

The National Asset Management Agency has completed the latest transfer of €250m in funds to the Exchequer.

Business • 30 Sep 21

NAMA said it had facilitated the delivery of more than 20,000 homes since the start of 2014, with thousands more under construction or in the planning system

NAMA made €20m profit in first three months of 2021

The National Asset Management Agency recorded a €20m profit in the three months to the end of March, according to accounts submitted to the Oireachtas.

Business • 28 Jul 21

NAMA said it plans to make payments of €1 billion to the Exchequer during this year

NAMA completes another transfer of €300m to Exchequer

The National Asset Management Agency said it has today completed a €300m transfer to the Exchequer.

Business • 25 Jun 21

NAMA said it recorded an after-tax profit of €192m last year - its tenth consecutive year in which a surplus was achieved

NAMA raises projected lifetime surplus to €4.25 billion

The National Asset Management Agency (NAMA) now expects to provide an overall surplus to the Exchequer over its lifetime of €4.25 billion, up from the previous estimate of €4 billion.

Business • 10 Jun 21

NAMA pays another €200m to Exchequer

The National Asset Management Agency said it completed a €200m transfer to the Exchequer today.

Business • 31 Mar 21

NAMA has today reported a profit in the three months from July to September of €40m

NAMA posts profits of €40m for third quarter of 2020

The National Asset Management Agency has updated reported a profit for the three months from July to September of €40m.

Business • 10 Feb 21

Charlotte Sheridan and Davina Saint have been appointed to the NAMA board

Two new NAMA board members appointed

Finance Minister Paschal Donohoe has today announced the appointment of two new members to the board of the National Asset Management Agency (NAMA).

Business • 29 Dec 20

EU financial services commissioner Mairead McGuinness

EU unveils plans to help banks ditch bad loans

The EU has set out plans to help banks to ditch bad loans more easily, by supporting member states in setting up NAMA-style national "bad banks" if they want to and allowing them recapitalise lenders under certain circumstances.

Business • 16 Dec 20

Project Eagle was a portfolio of loans relating to Northern Ireland-based assets

Why is NAMA's Project Eagle in the news again?

NAMA's Project Eagle loan book was at the centre of a major legal and political discussion four years ago - and now it is creating headlines once again.

Business • 07 Aug 20

NAMA said there is a lack of visibility on the full extent of market disruption due to Covid-19

NAMA posts loss of €49m for first quarter of 2020

The National Asset Management Agency has reported a loss of €49m for the first quarter of the year.

Business • 22 Jul 20

NAMA, or the country's "bad bank", was set in 2009 during the property crash here

NAMA reverts to state ownership after final payment

The National Asset Management Agency said today it had reverted to full state ownership following the final payment to a creditor.

Business • 26 May 20

NAMA paid receivers more than €7m last year - and has paid a total of €139m to them since being established

NAMA-appointed receivers paid €7m last year

National Asset Management Agency-appointed receivers last year shared €7.085m in fees for their work with the agency.

Business • 19 May 20

NAMA's legal fees were 25% lower in 2019 when compared to the previous year

NAMA paid €5.65m in legal fees last year

Dublin-based legal firm McCann Fitzgerald last year received €1.54m in legal fees from the National Asset Management Agency.

Business • 14 May 20

NAMA completes repayment of all outstanding debt

The National Asset Management Agency said today that it has repaid all of the outstanding debt issued by the agency to acquire loans during the financial crisis.

Business • 02 Mar 20

NAMA names Aidan Williams as its new chairman

NAMA appoints Williams as new chairman

The National Asset Management Agency has appointed Aidan Williams as its new chairman.

Business • 18 Dec 19

The Department of Finance's second review of NAMA said the agency should continue its work up to 2025

NAMA wind-down date extended from 2021 to 2025

The Minister for Finance had recommended that NAMA should continue to manage its loan book beyond the agency's expected 2021 wind-down date so as to deliver the best financial return for the taxpayer.

Business • 25 Jul 19