NAMA reports a €222m net profit in first half of 2012

UPDATE: The National Asset Management Agency has reported a net profit of €222 million in the first half of the year, it said in a statement.

16th October, 2012
NAMA reports a €222m net profit in first half of 2012
NAMA headquarters.

The National Asset Management Agency has reported a net profit of €222 million in the first half of the year, it said in a statement. €89 million of the first half net profit was generated during the second quarter, it said.

The statement said that the share of performing loans in its portfolio is 19 per cent of par value at the end of June. Based on the acquisition value, the figure is 29 per...

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