Ikano Bank

Ikano Bank
	Headquarters of Ikano Bank in Malmö, Sweden, Europe.
Formerly	Ikanobanken
Industry	Retail banking
Founded	1995 (29 years ago) in Älmhult, Sweden
Founder	Ingvar Kamprad
Headquarters	Malmö, Sweden
Number of locations	1
Number of employees	4,600
Parent	IKANO

Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad (the founder of IKEA).^{[citation needed]}

Operations

Ikano Bank has its head office in Malmö, with branch offices in Sundbyberg, Älmhult, Asker, Glostrup, Nottingham, and Helsinki. Ikano Bank also conducts business in Germany, Poland, Austria, Finland, and Russia via separate companies.^{[clarification needed]}^{[citation needed]}

Ikano Bank offers loans, savings accounts and partner business supplying sales finance to large retailers, including IKEA, Volkswagen, Audi, Lindex, Hemtex, Skoda, Shell, and Preem.^{[citation needed]}

Ikano Bank is owned by the Kamprad family through IKANO, a group of businesses which also includes insurance, retail, and real estate in many countries.^{[citation needed]}

History

In 1995, Ingvar Kamprad (the founder of IKEA) started Ikanobanken, with one branch office in Älmhult, Sweden.^{[citation needed]}

In January 2009, Ikanobanken became Ikano Bank, merging with other entities within the IKANO Group.^{[citation needed]}

References

^ "Ikano Bank Group Facts & Figures" (PDF). Ikano Bank. 2016. Archived from the original (PDF) on 19 August 2017. Retrieved 19 August 2017.

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[1] "Ikano Bank Group Facts & Figures" (PDF). Ikano Bank. 2016. Archived from the original (PDF) on 19 August 2017. Retrieved 19 August 2017.

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