Ikano Bank

The Swedish bank Ikano Bank was established on June 30, 1995, as an Ikea Group subsidiary and first offered Swedish Ikea retail customers private-label credit cards. The bank has successfully added personal loans, auto loans, savings accounts, and insurance products to its array of products over the years.

In 2015, Ikano Bank opened branches in Norway, Denmark, Finland, the UK, Poland, and Germany as part of an international expansion of its business. The bank now operates in various European nations and provides financial services to both individuals and businesses.

Ikano Bank's mission statement, "Simpler Banking," displays its focus on the needs of its customers and its dedication to providing clear-cut and transparent financial products. Ikano Bank now has over 3 million customers and more than 1,200 workers in 6 countries, making it a significant provider of consumer finance solutions in Europe. Its corporate headquarters are in Malmö, Sweden.

Ikano Bank's market capitalization was $3.27 billion as of 2023. Additionally, they have won numerous accolades for their outstanding customer service and overall financial performance. According to a recent customer survey, most of the bank's customers are happy with its goods and services.

Founded: June 30, 1995

Headquarters: Malmö, Sweden

Website: https://bank.ikano/