NAMA
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
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31st Dec 19 Source: CRO
- €5.6 billion assets
-
€295.2 million
profit - 211 employees
-
31st Dec 18 Source: CRO
- assets
-
€916 million
profit - 238 employees
- 7 more years available »
Ranking
By Assets
(€5.6 billion)- 41st in Top Financial Companies
- 41st in Financial Services
By Employees
(211)- 586th in Top Companies
- 50th in Financial Services
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- 211
- €5.6 billion
Employees
- Brendan McDonagh CEO/Managing Director