Nama expects to generate €3.5bn surplus by the time it is wound up

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Donal O’Donovan

NAMA expects to generate a surplus of the order of €3.5bn by the time it is wound up in 2020 or 2021.

The surplus will be paid to the Exchequer and will be the sum left after the agency has paid off the banks for loans taken over in the wake of the crash.

Nama generated €3.3bn in cash in 2018. Since inception, the agency has generated cash of €44bn from its operations.

More to follow.