AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable - S&P Global Ratings’ Credit Research

AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable

AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable - S&P Global Ratings’ Credit Research
AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable
Published Apr 03, 2017
3 pages (1184 words) — Published Apr 03, 2017
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW AMAL Asset Management Ltd. has demonstrated continued improvement in its commercial loan-servicing infrastructure and capabilities, and has maintained sound risk-management and compliance practices. We have affirmed the overall ranking of STRONG. The outlook on the ranking is stable. MELBOURNE (S&P Global Ratings) April 4, 2017--S&P Global Ratings today affirmed its overall STRONG ranking on AMAL Asset Management Ltd. (AMAL) as a commercial loan servicer in Australia. A servicer ranking is a statement of opinion and not a statement of fact. A ranking is not and should not be represented as a credit rating. At the same time, we affirmed the subrankings of STRONG for AMAL's management and organization, as well as for loan administration. We consider AMAL's financial position

  
Brief Excerpt:

...OVERVIEW + AMAL Asset Management Ltd. has demonstrated continued improvement in its commercial loan-servicing infrastructure and capabilities, and has maintained sound risk-management and compliance practices. + We have affirmed the overall ranking of STRONG. + The outlook on the ranking is stable. MELBOURNE (S&P Global Ratings) April 4, 2017--S&P Global Ratings today affirmed its overall STRONG ranking on AMAL Asset Management Ltd. (AMAL) as a commercial loan servicer in Australia. A servicer ranking is a statement of opinion and not a statement of fact. A ranking is not and should not be represented as a credit rating. At the same time, we affirmed the subrankings of STRONG for AMAL's management and organization, as well as for loan administration. We consider AMAL's financial position to be sufficient. As of February, 2017, AMAL has more than A$6 billion in funds under administration in Australia and New Zealand, comprising commercial and residential mortgages, consumer loans, and lease...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Pacific
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MLA:
S&P Global Ratings’ Credit Research. "AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable" Apr 03, 2017. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/AMAL-Asset-Management-Ltd-Commercial-Loan-Servicer-Ranking-Affirmed-At-STRONG-Outlook-Stable-1825878>
  
APA:
S&P Global Ratings’ Credit Research. (). AMAL Asset Management Ltd. Commercial Loan Servicer Ranking Affirmed At STRONG; Outlook Stable Apr 03, 2017. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/AMAL-Asset-Management-Ltd-Commercial-Loan-Servicer-Ranking-Affirmed-At-STRONG-Outlook-Stable-1825878>
  
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