Nama to return €4.25bn to the Exchequer by the end of 2023

This year marks the 12th year the agency has turned a profit with it expected to make surplus transfer payments totalling €350m to the Exchequer over the remainder of 2023.

NAMA is projected to surplus payments plus corporation tax payments totalling €4.9bn into the Exchequer by the time it winds down at the end of 2025.

The National Asset Management Agency (NAMA) has posted a profit of €81m for 2022 and remains on course to return €4.9bn to the Exchequer during its lifetime, new figures reveal.

According to the agency’s annual report, published on Thursday, it generated €492m in cash during the year which included €404m released from the sale of loans and property. This brings the agency’s total cash generation since inception to €47.4bn.