Nama raises estimate for final return by €300m to €5.5bn ahead of December wind down

Set up in 2009 after Ireland's banking collapse, Nama will wind down in December

Nama chief executive Brendan McDonagh and chairman Aidan Williams as the agency published its annual report and financial statements for 2024 on Wednesday. Picture: Fennell Photography

The National Asset Management Agency (Nama) has increased its estimate for its total return to the State to €5.5bn when it winds down in December - €300m more than earlier estimates. 

Nama published its final annual report on Wednesday morning, confirming €400m has already been paid to the Exchequer during 2024, with a further €800m to be transferred by the end of 2025 to bring its total return to €5.5bn by the time it winds down at the end of the year.