30 Jun '16, 7am

BBC News - Brexit: Singapore bank UOB suspends London property loans

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation One of Singapore's largest lenders, UOB, says it has suspended its loan programme for London properties. The decision comes in response to uncertainty caused by the UK's decision to leave the EU, the bank said. The vote on 23 June caused global market turmoil and pushed the pound to 31-year lows. The Singapore dollar has gained about 10% since the referendum. Singaporeans were the top Asian buyers of UK commercial property in 2015, according to consultancy Knight Frank . UOB told the BBC in a statement: "We will temporarily stop receiving foreign property loan applications for London properties." "As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are cautious with their London property i...

Full article: http://www.bbc.com/news/business-36670075

Tweets

Brexit: Singapore bank UOB suspends London prop...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Brexit: Singapore bank UOB suspends London prop...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

Brexit: Singapore bank suspends London property...

bbc.co.uk 30 Jun '16, 7am

Image copyright Getty Images Image caption Singapore's other big lenders said they were closely monitoring the situation O...

BBC News - Brexit: Singapore bank UOB suspends ...

linkis.com 30 Jun '16, 12pm

Scotland expected to vote for independence and introduce its own currency after Brexit, JPMorgan... Shared 1 day ago Nick ...

Brexit: Singapore bank UOB suspends London prop...

news.ycombinator.com 30 Jun '16, 9pm

Brexit: Singapore bank UOB suspends London property loans

Brexit: Singapore bank UOB suspends London prop...

newsmeback.com 01 Jul '16, 11am

5 Brexit: Singapore bank UOB suspends London property loans - BBC News troy (#29) 1 day 1 hour 20 minutes ago Business htt...

Singapore's UOB suspends London property loans after Brexit

Singapore's UOB suspends London property loans ...

cnbc.com 30 Jun '16, 7am

Singapore's biggest lender, DBS Group , said it continued to provide financing for property purchases in London but was ad...

Singapore bank UOB suspends London property loa...

cityam.com 30 Jun '16, 8am

Singaporean bank UOB has become the city state's first lender to suspend loans for London properties citing uncertainty ca...

Brexit prompts major Singapore bank to suspend London property loans

Brexit prompts major Singapore bank to suspend ...

independent.co.uk 30 Jun '16, 7am

“As the aftermath of the UK referendum is still unfolding and given the uncertainties, we need to ensure our customers are...

Brexit: Singapore bank UOB suspends London prop...

reddit.com 30 Jun '16, 1pm

This is not the place to promote your business. Any and every post promoting a business in any capacity will be removed. S...

Brexit: Singapore bank suspends London property...

money.cnn.com 30 Jun '16, 9am

Why this British town voted to leave the EU A top Singaporean bank has stopped providing loans for London property purchas...

Singapore based bank suspends London property l...

ft.com 30 Jun '16, 8am

June 30, 2016 7:19 am Download Asian bank suspends London property loans on Brexit concerns Jeevan Vasagar in Singapore Sh...

Brexit: Singapore bank suspends London property...

money.cnn.com 30 Jun '16, 10am

Why this British town voted to leave the EU A top Singaporean bank has stopped providing loans for London property purchas...

Singapore’s UOB suspends making London property...

wsj.com 30 Jun '16, 1pm

Singapore’s United Overseas Bank Ltd. has temporarily stopped making loans against London residential properties after the...

(Free) Singapore based bank suspends London property loans due to uncertainties over Brexit.

(Free) Singapore based bank suspends London pro...

ft.com 30 Jun '16, 12pm

Singapore-based United Overseas Bank , Southeast Asia’s third-largest bank by assets, has suspended loan applications for ...