NAMA reports €118m profit

NAMA paid out €75 million to developers to help them to finish projects in the last quarter.

NAMA reports €118m profit

The agency announced its second successive quarterly profit for this year, reporting a €118m profit in the three months between April and June. This compares with a profit of €91m in the first quarter of the year.

It generated net cash of €828m from operating activities in the period.

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