AIB wrote down debts of over €1m for 83 customers

The customers account for 0.05% of the 150,000 people who received some deal from AIB due to debt distress in the last 10 years

In total, the value of write downs for the 1,900 borrowers stood at €533.8m, with the overall value of AIB write downs since 2015 at €3.5bn. 

More than 80 people have received write-downs of over €1m in deals with AIB, the bank has disclosed to the Oireachtas Finance Committee.

In written replies to the committee seen by the Irish Examiner, AIB confirmed that 83 customers received write-downs of over €1m, accounting for 0.05% of the 150,000 people who received some deal from AIB due to debt distress.