Mikro Kapital aims to support micro and small entrepreneurs lending, financial and operational leasing, and other micro-financing activities worldwide, with a focus on Europe, Middle East and Africa and Asia-Pacific. Their securitization funds acquire risks connected to equity and debt of micro-financing companies, small financial institutions, leasing companies, sharing economy participants, banks or credit cooperatives.
EDB will provide Mikro Kapital with paying agent services in issuing further bonds. As part of Apex Group, EDB offers paying agency, registrar and transfer agency services on new money Eurobonds as part of its comprehensive suite of services for capital markets transactions across syndicated loan, corporate bond and securitization markets.
As part of global financial services provider Apex Group, EDB is one of the largest independent providers of depositary services in Europe for regulated UCITS and alternative funds, with over $160bn of Assets under Depositary (as of May 31, 2022).
Jean-Daniel Zandona, Regional Head, Business Development at Apex Group comments: “EDB’s banking capabilities are a powerful differentiator for Apex Group, offering clients all the services they need, delivered locally but available globally and underpinned by best-in-class, scalable technology platforms. As access to debt becomes restricted, alternative lenders such as Mikro Kapital will play an essential role in financing the sustainable growth in the real economy. We look forward to supporting the Mikro Kapital team with paying agency services for their future bond issuances.”
Johannes Feist, CEO of Mikro Kapital further comments: “Drawing on the experience of the wider Apex Group, we have been impressed by EDB’s capital markets experience and track record of supporting securitizations. We are delighted to appoint EDB as our paying agent for future bond issuances, in recognition of their standout credentials as an independent provider free from institutional influences, that can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.”
About European Depositary Bank
European Depositary Bank (“EDB”) was founded in 1973 in Luxembourg. It was originally established as a subsidiary of Hamburg based private bank M.M.Warburg & CO (AG & CO) KGaA and was acquired by Apex Group Ltd (“Apex”) in 2019. EDB is supported by Apex’s strong global network of over 50 offices worldwide in addition to its extensive European presence with circa 2,000 employees across the region and is one of the largest providers of depositary services in Europe for regulated UCITS and alternative funds with over $160.6bn Assets under Depositary (as of May 31, 2022).
About Mikro Kapital
Mikro Kapital was founded in 2008 by the Italian banker, Vincenzo Trani. The company invests in creditworthy small and medium-sized enterprises with a low risk level. Our investments are mainly concentrated in emerging countries along the Silk Road, where there are greater possibilities of acquiring small clients in need of assistance during their growth phase.