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NAMA's wind-down will be finished by the end of 2025

NAMA's wind-down will be finished by the end of 2025, according to Finance Minister Michael McGrath, while the Irish Bank Resolution Corporation's (IBRC) Special Liquidation is expected to "substantially" cease by the end of this year.

The primary Irish banks' balance sheets were cleared of debt associated with the real estate meltdown in 2009 with the establishment of the National Asset Management Agency.


Since 2011, NAMA has produced profits on a constant basis, transferring €4.25 billion to the Exchequer, which is composed of €3.85 billion from its lifetime surplus and more than €400 million in corporation tax payments.

By the end of the next year, the NAMA Board said it currently anticipates that it will yield a lifetime return of at least €4.9 billion.