Singapore UOB says suspends London property loans programme

SINGAPORE, June 30:   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.  (AGENCIES)