NAMA publishes quarterly accounts for Q3 2020

NAMA publishes a quarterly report under Section 55 of the NAMA Act.

The latest report (for Quarter 3 2020) has been laid before the Oireachtas and is now available on the NAMA website at the following link:

The report is accompanied by a letter to the Minister for Finance which includes the following information:

  • Profit for the period January-September 2020: €31m (January-September 2019: €60m). This follows a loss after tax of €9m for the period January-June 2020 and represents a profit for Q3 2020 of €40m.
     
  • Total cash generated in the period January-September 2020: €455m, with an additional €0.3bn generated from the end of September to mid-December 2020, bringing total cash generated since inception to €46.1bn.
     
  • A summary of NAMA’s progress in the Dublin Docklands SDZ and its residential delivery activity at end September 2020 (please note NAMA has subsequently published more recent information on the Docklands and residential delivery programmes to end December 2020 - available here.

Article Published: 10/02/2021