...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) Nov. 1, 2019--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 June 2019, AMAL has about A$8 billion in funds under administration in Australia and New Zealand, comprising commercial and residential mortgages, consumer loans, and lease receivables....
