Nama on course to make €1.75 billion profit by 2020, chief executive claims

The figure is up 75% on previous guided surplus of €1 billion

30th September, 2015

The National Asset Management Agency is expected to make a €1.75 billion profit by the time it winds down its activities.

The figure was revealed by Nama chief Brendan McDonagh during his appearance before the Oireachtas Public Accounts Committee today.

McDonagh said Nama’s profit for the first half of 2015 would be higher than the €458 million it recorded in 2014.

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