Nama projected to return at least 4.9 billion euros to the Exchequer by time of wind down, says McGrath

The transcript discusses the progress and future plans of NAMA, established in 2009 in response to the 2008 banking crisis. NAMA acquired loans with a market value of €26 billion and has since generated €47.7 billion in cash, contributing significantly to the Exchequer. The agency has also played a key role in social and economic development, notably in the Dublin Docklands. As NAMA approaches its wind-down, a Resolution Unit is proposed to manage any remaining activities post-2026.

What is the primary purpose of the NAMA Act as discussed in the video?

• To regulate the banking sector

• To assess NAMA's progress and decide on its continuation

• To provide loans to financial institutions

• To manage the liquidation of IBRC

In response to which crisis was NAMA established?

• The 2001 dot-com bubble

• The 2010 European debt crisis

• The 1997 Asian financial crisis

• The 2008 banking crisis

How much cash did NAMA generate from its loans by the end of 2023?

• €74 billion

• €47.7 billion

• €26 billion

• €32 billion

What significant contribution did NAMA make to the Dublin Docklands?

• Built a new airport

• Facilitated the delivery of 34,000 residential units

• Established a technology park

• Developed a new financial district

What is the purpose of the Resolution Unit mentioned in the video?

• To oversee the liquidation of IBRC

• To provide financial advice to the government

• To handle residual NAMA activities post-2026

• To manage NAMA's new acquisitions