Furniture retailer takes 49% stake in banking partner as part of ‘decisive step into financial services’
Ikea is planning to offer more consumer banking services in-store and online after announcing it is taking a 49% stake in its financial services partner, Ikano Bank.
The furniture retailer’s parent company, Ingka Group, said this was “a decisive step into financial services” that would “help make Ikea more affordable, accessible and sustainable”.
