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Ikano Bank

janey078
janey078 Posts: 1 Newbie
in Loans
Good morning, I'm just looking at appling for a loan through MSE website and the 1st one with best eligibility is Ikano Bank. Is this a safe bank to use?? Just never heard of them before and a bit weary as its a 5 year loan so wanted to just check if all ok first.

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    janey078 wrote: »
    Just never heard of them before and a bit weary

    The secret to avoiding weariness is to get an early night.

    There is nothing unsafe about Ikano Bank.
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    janey078 wrote: »
    Good morning, I'm just looking at appling for a loan through MSE website and the 1st one with best eligibility is Ikano Bank. Is this a safe bank to use?? Just never heard of them before and a bit weary as its a 5 year loan so wanted to just check if all ok first.

    Nothing wrong with Ikano Bank, they used to provide the finance to consumers for items sold by 1 of the bed retailers.

    I take it you have googled Ikano Bank ?
  • WillyWonga
    WillyWonga Posts: 324 Forumite
    Founded: 1988

    Owner: The Kamprad Family

    Finance business volume: 6.6 billion Euro

    Real Estate market value property: 1.4 billion Euro

    Insurance gross premiums written: 105 million Euro

    Retail Asia turnover: 565 million Euro

    No. of employees: over 4,600 people

    Owner of Ikano is also the founder of Ikea so they have a few quid behind them!!!
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