She said the bank is monitoring the situation closely, but has suspended the programme for the "time being," confirming a story in the Business Times newspaper.
(Reporting by Saeed Azhar; Editing by Stephen Coates)
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30.52 SGD | -2.02% | +1.23% | +7.28% |
SINGAPORE (Reuters) - United Overseas Bank, Singapore's number 3 lender, has suspended its loans programme for London properties in the wake of uncertainties caused by Britain's vote to leave the European Union, a bank spokeswoman said on Thursday.
She said the bank is monitoring the situation closely, but has suspended the programme for the "time being," confirming a story in the Business Times newspaper.
(Reporting by Saeed Azhar; Editing by Stephen Coates)
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