RTE.ie·4 min read·medium

Nama to shut down 16 years on from financial collapse

D
David Murphy
Nama to shut down 16 years on from financial collapse
AI Summary

The National Asset Management Agency (NAMA) in Ireland is dissolving after 16 years of managing property loans acquired during the 2009 financial crisis. The agency returned a final surplus of €5.6 billion to the state after overseeing a massive bank rescue operation.

The National Asset Management Agency (NAMA) will be dissolved at midnight tonight, 16 years after it was set up to take over the property loans of the Irish banks.

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Nama to shut down 16 years on from financial collapse — Headlinne — headlinne