MELBOURNE (S&P Global Ratings) May 13, 2025--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 March 2025, AMAL has about A$6.1 billion in funds under administration in Australia and New Zealand, comprising commercial and residential mortgage loans, consumer loans, and lease receivables. The overall commercial loan servicer ranking on
