AIB Chief Executive David Duffy has said that the bank has completed 4,400 permanent solutions for people in mortgage arrears.
Addressing the Committee on Finance, Public Expenditure and Reform, Mr Duffy said that the bank has exceeded its Central Bank targets on mortgage arrears.
He added that the bank's engagement with customers in arrears increased by about 30%, while AIB continues to dedicate significant resources, in terms of personnel and training, into tackling the arrears issue.
Mr Duffy also told the committee that over 2,000 customers have deposits which are bigger than their arrears.
About one in four of AIB's buy-to-let accounts in arrears have made zero repayments against their mortgage in the past six months, he added.
The committee was also told today that AIB has written off €38m in residential mortgages this year. This compares to a figure of €55m for all of last year.
Mr Duffy told the committee that if the bank was to write down all mortgages in negative equity it would cost "significantly more" than the entire capital of the bank.
This afternoon, Sinn Féin finance spokesman Pearse Doherty accused AIB of failing to reach the Central Bank targets.
He told Mr Duffy: "You have not exceeded the targets. You have not reached the targets."
Mr Duffy responded: "You make a lot of statements I disagree with."
The rest of the country's bank chief executives, including Bank of Ireland's Richie Boucher and Permanent TSB's Jeremy Masding, will also appear before the committee as the week continues.
The bank bosses will face questions from TDs about their plans for sustainable and long-term solutions for home owners in mortgage arrears.
Committee Chairman Ciarán Lynch said that when the banks were last before the committee, there were no specific targets in place to provide solutions for homeowners in arrears.
"Those targets are now in place and, more specifically, we will consider how AIB is meeting its targets and ensuring that there is a consistency of approach in dealing with distressed borrowers,'' Mr Lynch said.
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