Covid-19 crisis may deal EUR100m hit to Nama's 2020 profit

The Covid-19 crisis could rock Nama’s revenues this year and make complex complete shipment of an additional EUR2bn payment to the State as promised.

T he National Property Management Agency said in its yearly report that Covid-19 disruption might shave more than EUR100 m off its previous anticipated profits for this year.

This might include a EUR32 m charge to Nama income if the nearly 200 debtors still on its books postpone loan payments by an average of three months.

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https://covid19globalcases.com/covid-19-crisis-may-deal-eur100m-hit-to-namas-2020-profit/