Private company

Ikano Bank

Logo: Ikano Bank, Public domain, via Wikimedia Commons4

Swedish bank

Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad (the founder of IKEA). It offers loans, savings accounts and partner business supplying sales finance to large retailers, including IKEA, Volkswagen, Audi, Lindex, Hemtex, Skoda, Shell and Preem. Ikano Bank has its head office in Malmö, with branch offices in Sundbyberg, Älmhult, Asker, Glostrup, Nottingham, and Helsinki.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1995Founded1
  • Industryeconomics of banking1
  • HeadquartersÄlmhult1
  • Websiteikano.co.uk
  • Legal formaktiebolag1
  • LEI5493004D82XDFVPWQJ913
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressBox 31066, 200 49 Malmö, Sweden3
  • Registered withSwedish Companies Registration Office, 516406-09223
Ikano Bank Huvudkontor Malmö
Photo: Jonaswimmerstrom, CC BY-SA 4.0, via Wikimedia Commons6

Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad (the founder of IKEA). It offers loans, savings accounts and partner business supplying sales finance to large retailers, including IKEA, Volkswagen, Audi, Lindex, Hemtex, Skoda, Shell and Preem.2

Corporate structure

Ikano Bank is part of a group headed by INGKA Group. 59 entities, 19 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • INGKA Group Leiden, Netherlands
    • Ikano Bank Malmö, Sweden
    • INGKA CAPITAL B.V. Leiden, Netherlands
    • Ingka Centres Slovensko Bratislava, Slovakia
    • Grupo IKEA Subsidiary · Leiden
    • CAPTAR AG Subsidiary · Pratteln, Switzerland
    • CARRICKEENY WIND LIMITED Subsidiary · Dublin, Ireland
    • DUMMUIES WINDFARM HUNTLY LIMITED Subsidiary · London, United Kingdom
    • FERME EOLIENNE DE CORPE Subsidiary · Plaisir, France
    • IKEA A/S Subsidiary · Høje-Taastrup Municipality, Denmark
    • IKEA AG Subsidiary · Spreitenbach, Switzerland
    • Ikea Centres Kuopio Oy Subsidiary · Vantaa, Finland
    • IKEA CENTRES POLSKA SPÓŁKA AKCYJNA Subsidiary · Raszyn, Poland
    • IKEA Centres Sverige AB Subsidiary · Lund, Sweden
      • Ikea Centres Vasteras AB (Ikea Centres Västerås AB) Subsidiary · Malmö, Sweden
    • IKEA CENTRES ČESKÁ REPUBLIKA S.R.O. Subsidiary · Prague, Czechia
    • IKEA DISTRIBUTION SERVICES GMBH & CO. KG Subsidiary · Dortmund, Germany
    • IKEA IRELAND LIMITED Subsidiary · Dublin, Ireland
    • IKEA JAPAN K.K. (イケア・ジャパン株式会社) Subsidiary · Funabashi, Japan
      • IKEA DISTRIBUTION SERVICES KK Subsidiary · Yatomi, Japan
    • IKEA Oy Subsidiary · Espoo, Finland
    • IKEA PROPERTIES INVESTMENTS LIMITED Subsidiary · London, United Kingdom
    • IKEA PROPERTIES LIMITED Subsidiary · Burlington, Ontario, Canada
    • IKEA VERWALTUNGS - GMBH Subsidiary · Hofheim Am Taunus, Germany
    • IKEA Česká republika Subsidiary · Czechia
    • Ingka AB Subsidiary · Älmhult, Sweden
      • Glotesvalen Vind AB (Glötesvålen Vind AB) Subsidiary · Älmhult, Sweden
      • IKEA IT Aktiebolag Subsidiary · Älmhult, Sweden
      • Ingka GreenTech AB Subsidiary · Malmö, Sweden
    • Ingka Asia Treasury Centre Limited Subsidiary · Wan Chai, Hong Kong
    • INGKA CENTRES INDIA B.V. Subsidiary · Leiden, Netherlands
    • and 8 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Founded by Ingvar Kamprad in 1995.1

In 1995, Ingvar Kamprad (the founder of IKEA) started Ikanobanken, with one branch office in Älmhult, Sweden. Fifteen years later, Ikanobanken became Ikano Bank, merging with other entities within the IKANO Group.

Until 2024, it was owned by its founder's family through IKANO, a group of businesses which also includes insurance, retail, and real estate in many countries. Minority partner, Ingka Investments completed the acquisition of full control of Ikano Bank in 2024.

From Wikipedia’s article on Ikano Bank, shared under CC BY-SA 4.0.5

Leadership

Who has led Ikano Bank, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Parent company

Parent company (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Timeline

  1. Jun 11, 2025Parent Directly consolidated by INGKA Group3
  2. 1995Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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