Ikano Bank, the financial arm of Ikea's Swedish Financial Supervisory Commission announced its intention to start business in Poland.
Ikano bank wants to open a branch of the German institutions. Ikano is already operating in several European countries, and offers customers loans primarily to customers networks. The full range is in Sweden, where Ikano also offers personal accounts.
What changes it can bring to polish market? It can contribute to loosing clients by Alior Bank, which currently spends card for Swedish retail chain customers. The group is large, because Ikea despite the crisis in Poland has increased turnover by 25 percent.
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