OREANDA-NEWS. National Rating Agency has affirmed its credit rating Ardarma Limited at ‘A’. The company was assigned the ‘A’ rating on Nov.17, 2014.

The rating is underpinned by the company’s high-quality, liquid and transparent assets. In addition, NRA notes the appreciation of securities held by the company during the past year, their increased dividend return and the fact that Ardarma Limited can count on support from its financially strong parent group, diversified into areas including retail trade, construction, financial sector, non-ferrous metals and hi-tech industries.

These strengths are offset, as before, by the weakening macroeconomic fundamentals and deteriorating stock market conditions in the context of the company’s considerable market risks, high asset concentration and substantial debt burden.

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While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.