The National Asset Management Agency (NAMA) is being formally dissolved, ending its role 16 years after it was established following Ireland’s financial crash. NAMA was created to take over and manage property-related loan assets transferred from Irish banks during the economic crisis. RTE reports that the agency is set to shut down at midnight, marking the end of its mandate. Highland Radio similarly says NAMA is being formally dissolved today, framing the move as the conclusion of the organisation’s work that began in the aftermath of the crash. The dissolution is therefore presented as a scheduled administrative step that follows the completion of NAMA’s function in handling the transferred loan portfolios. Tánaiste and Finance Minister Simon Harris is quoted by Highland Radio in connection with the agency’s creation during the period of crisis. Across both accounts, there is agreement that NAMA’s dissolution occurs 16 years after its establishment and that the agency’s central purpose was to manage the property loans it took on from Irish banks.