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Ikano Bank is a consumer finance institution established in 1995 as part of the Ikano Group, an ensemble of companies with activities spanning banking, real estate, production, insurance, data analytics, and retail. The bank is owned by the Kamprad family, founders of IKEA, and offers a range of financial products including savings accounts, loans, store cards, and services for businesses such as leasing and factoring. Ikano Bank operates in multiple European countries, including Sweden, Denmark, Finland, Norway, the UK, Poland, Germany, and Austria. The bank's ethos is centered around providing simple, fair, and affordable services to facilitate a better quality of life, embodying values of common sense, simplicity, collaboration, and innovation. The company is headquartered in Malmö, Sweden, and its shares are not publicly listed as it remains a private entity within the Ikano Group.