'Bad bank' Nama on course to have returned €5.5bn to State
Set up in 2009, the State-run "bad bank" used €32 billion of debt to rid banks of €74 billion worth of risky property loans following a banking collapse.
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It has so far returned €4.7 billion to the State from surplus cash and corporation tax after selling almost all of its loans and properties.
It will transfer the remaining €800 million by the end of the year, Nama said in a statement.
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