Nama transfers further €350m to Irish exchequer

The National Asset Management Agency has contributed €4.25bn since it was set up in 2009 amid the banking crisis

Nama chief executive Brendan McDonagh. File picture: Leah Farrell/RollingNews

The National Asset Management Agency (Nama) has transferred €350m from its lifetime surplus to the exchequer as it continues to wind down operations ahead of completing its work in 2025.

This brings the total contribution to date from Nama to €4.25bn — €3.85bn in cash surplus and over €400 in corporation tax.