Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Capital(RF), mln.USD
5
Assets(RF), mln.USD
12
Glob.Revenue, mln.USD
592

Legal entity was liquidated on July 14, 2023.

The Company Statement
July 14, 2023

Credit Europe Bank (Russia) has secured special permission from Russian President Vladimir Putin to acquire a 100% stake in Ikano Bank. "To allow the Joint Stock Company Credit Europe Bank (Russia) to conclude a transaction to acquire 100% of the shares in the authorised capital of the limited liability company Ikano Bank owned by Cirus Holding B.V.," the official statement read. 15.05.2023: Full name changed from "Ikano Bank" LLC to "FIBABANK" LLC. Legal entity was liquidated on July 14, 2023.

January 27, 2023Russia allows Credit Europe Bank to buy Ikano Bank
Ikano Bank - Overview, News & Competitors | ZoomInfo.com
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