These are the things you should be looking at."Recognising the...

These are the things you should be looking at.

"Recognising the problems loans, working with customers sooner rather than later, these are all extremely key things to manage credit risks.

Melbourne-based ANZ, which is fast expanding into Asia, said on Thursday its second-half cash net profit climbed to A$1.988 billion ($1.79 billion) in six-months ended Sept. 30 from A$1.856 billion a year ago. Six analysts on average had projected ANZ's profit to be A$2.008 billion.

ANZ's provisions for credit impaired loans jumped 39 percent last fiscal year to A$567 million.

ANZ shares fell as much as 2.7 percent to A$30.26 while the benchmark S&P/ASX 200 index .AXJO was down 0.2 percent. ANZ shares are up 7.7 percent so far this year, compared with a 17 percent rise in the key share index

This is not good it proves management is not managing very well .Which is going to cost us a lot of money!