KIEV, May 29 – The fact that Western European banks are leaving Ukraine is linked to the absence of improvements in the business climate and prospects for the development of the country's economy, Standard & Poor's Ratings Services says.

"Ukrainian banks are operating in conditions of high economic risk… The economic situation in the country does not have preconditions for revival in 2013," reads a report by Annette Ess, analyst of the Frankfurt office of S&P.