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• ING Groep has terminated its agreement to sell ING Bank (Eurasia) JSC to Global Development JSC after required approvals were judged unlikely to be obtained.

• The group continues to work on a full exit from the Russian market and is assessing alternative options for withdrawal.

• Management expects any new approach to have a financial impact similar to the discontinued transaction.

For investors tracking ENXTAM:INGA, this marks a meaningful update to the story behind the current €24.585 share price. The news sits alongside a strong recent run, with the…