KIEV, April 9 - ING Group has decided to close its retail banking business in Ukraine.

"Today, ING Group announces its decision to close its recently started retail business in the banking service sphere in Ukraine. The decision is part of a global process of revision of ING's business portfolio to simplify the structure of ING Group," the ING announcement stated.

Retail offices of ING Bank Ukraine will work until May 29. Clients will “soon be informed on the process of closing their accounts.”