Nama on track to wind down by end of 2025 as Finance Minister recommends new resolution unit

Minister McGrath said the new unit will take care of residual activity from the liquation of the former Anglo Irish Bank

Pictured Minister for Finance, Michael McGrath TD speakING to the media following publication of Section 227 5-year review of NAMA, which covers the period 2019-2023. Photo: Sam Boal/Collins Photos

The National Assets Management Agency (Nama) is on target to conclude its work by the end of 2025, with Finance Minister, Michael McGrath recommending a resolution unit to be established to manage any outstanding activity from 2026 onwards.

The Minister confirmed that new legislation will be needed to establish this unit, which will also take care of any residual activity from the special liquidation of IBRC, the former Anglo-Irish Bank.