Nama recoups €425m from Anglo

Nama has recouped an initial €425m from its exposure to the liquidation of former Anglo Irish Bank.

The Government ordered Nama to pay the Central Bank €12.9bn to buy out part of the regulator’s emergency loans to Anglo Irish as the lender’s wind-up started in February.

The liquidators have repaid €425m to Nama to date, according to a presentation, dated Nov 14, on the Department of Finance’s website.