AIB made a pre tax profit of 1.1 billion euro last year - it's first full year profit since the financial crisis in 2008.
It compares to 1.7 billion euro loss in 2013.
The State owned bank says lending approvals hit 13.2 billion euro in 2014 - a 37 percent increase on the previous year.
It's also reported a 22 percent drop in the number of owner-occupier mortgages in arrears and says it has provided solutions to 36-thousand of its customers in financial trouble.
CEO David Duffy says the trend is a positive one:
