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The National Asset Management Agency (NAMA) was established in December 2009 as one of a number of initiatives taken by the Irish Government to address the serious problems which arose in Ireland’s banking sector as the result of excessive property lending. The Agency has acquired loans (land and development and associated loans) with a nominal value of €74 billion from participating financial institutions. Its objective is to obtain the best achievable financial return for the State on this portfolio over an expected lifetime of up to 10 years.

Financial Data

  • 31st Dec 20 Source: CRO
    • €2.6 billion assets
    • €210.8 million profit
    • 174 employees
  • 31st Dec 19 Source: CRO
    • €5.6 billion assets
    • €295.2 million profit
    • 211 employees

Ranking

By Assets

(€2.6 billion)

By Employees

(174)
53rd in Top Financial Companies By Assets
  • 174
  • €2.6 billion

Employees

  • Brendan McDonagh CEO/Managing Director

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