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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 .
This page was last edited on 23 December 2023, at 23:26 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA , which was founded by Ingvar Kamprad , then became independent in 1988, and has since been owned by the Kamprad family.
The Bank provided services through its branches, online, mobile and telephone banking and by way of their relationship bankers. It was a Connecticut state-chartered bank that in 2019 had $7.34 billion in assets, over 800 employees and 58 banking locations throughout Connecticut, Massachusetts and Rhode Island.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
The bank is headquartered in Norwalk, Connecticut, and was founded in 1998. [1] The bank was founded as a result of a merger between several historic banks in Connecticut, including Darien Bank and Trust, Greenwich Bank and Trust, Norwalk Bank and Trust, Stamford Bank and Trust, Westport National Bank and Insurbanc.
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