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Ikano bank

Ikano Bank Faces Police Report in Denmark Over Misleading Marketing

Ikano Bank, controlled by the Kamprad family who founded Ikea, has been reported to the police by the Consumer Ombudsman in Denmark. According to the complainant, Ikano Bank has misled customers with its marketing.

Ikano Bank Faces Police Report in Denmark Over Misleading Marketing

Ikano Bank Cuts Back – 200 to Go

Ikano bank is laying off 200 employees, 120 of whom are in Sweden, according to a press release. According to the bank's latest annual report, it had 556 employees in Sweden.

Ikano Bank Cuts Back – 200 to Go

Increased Loss for Ikano Bank

The loss for Ikea-related Ikano Bank increased during the first half of the year, according to an interim report. Unchanged revenues paired with higher costs and rising credit losses explain the larger loss.

Increased Loss for Ikano Bank