OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A' credit rating on Staroak Ltd.

The rating affirmation reflects the company's good quality assets, adequate liquidity position and sufficient financial strength. NRA also note that Staroak Ltd's beneficiary owners would likely have a high propensity to support the company if needed.

The rating is constrained by the high concentration and volatility of the company's income base, which stems from Staroak Ltd's dependence on funds generated by the investment portfolio and destabilizes its financial performance.