NAMA has posted a €473m (£350m) profit before tax for the first half of 2015 to the end of June.
The profit came largely in the second quarter when the Irish asset agency reported a €358m operating income.
This was derived largely from reduced assets. The agency cut over €1.4bn from its books over the quarter of which the majority – €1.25bn – was a reduction of the loan assets on the book.
However, by the end of June the agency still had over €13.3bn of assets still on its books, with the net loans and receivables making up €11.3bn of that total.
The loans of AIB remained the largest share of the assets held by NAMA, with the combined senior and subordinated debt from the failed bank totalled €8bn.
Income from borrowers of all types was over €3.4bn for the half year.
