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The National Asset Management Agency (NAMA) was established in December 2009 as one of a number of initiatives taken by the Irish Government to address the serious problems which arose in Ireland’s banking sector as the result of excessive property lending.

The Agency has acquired loans (land and development and associated loans) with a nominal value of €72.3 billion from participating financial institutions. Its objective is to obtain the best achievable financial return for the State on this portfolio over an expected lifetime of up to 10 years.

This website contains information about the work of the Agency, the background to its establishment and the progress being made towards its objective.

Chairman Frank Daly and Chief Executive Brendan McDonagh at the publication of NAMA’s first Annual Report Click here to read more

NAMA publishes listing of properties subject to enforcement Click here to view the listing

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Properties Enforced

NAMA has published a listing of properties which have been subject to enforcement in the Republic of Ireland and the UK.
Read more about Properties Enforced

Debtor Business Plans

Debtors are required to present a complete account of their financial affairs and set out how they propose to maximise the value of their assets and repay the amounts owed to NAMA.
Read more about Debtor Business Plans

Offence to Lobby NAMA

Under Section 221 of the National Asset Management Agency Act 2009, it is an offence to attempt to lobby NAMA.
Read more about Offence to Lobby NAMA

Questions and Answers

Did You Know?

Within a year of its establishment on 21 December 2009, NAMA had acquired 11,500 loans with a total nominal value of €72.3 billion. NAMA paid consideration of €30.5 billion for this portfolio, an average discount of 58%.

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