Ikano Bank Ikano Bank Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad (the founder of IKEA). 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. Ikano Bank offers loans, savings accounts and partner business supplying sales finance solutions to large retailers, including IKEA, Volkswagen, Audi, Lindex, Hemtex, Skoda, Shell, and Preem. Ikano Bank is owned by the Kamprad family through IKANO, a group of businesses which also includes insurance, retail, and real
Ingvar Kamprad ("Fanny") Glatz was born in Radonitz (Radonice) in Bohemia in then-Austria-Hungary; they left Germany for Sweden in 1896. The surname Kamprad was a variant of "Comrade" and dates back to the 14th century; in the 19th century the Kamprad family had become wealthy estate owners in Thuringia. Achim Kamprad's mother was a distant relative of Paul von Hindenburg. Achim was the younger son of an estate owner and had bought the farm Elmtaryd (presently standardized "Älmtaryd") near the small village of Agunnaryd (now part of Ljungby Municipality) in the province of Småland; with 449 hectares of land it was the