United Overseas Bank stops writing loans while DBS Bank, Singapore’s biggest lender, warns customers of ‘foreign exchange and sovereign risks’Singapore’s third-biggest lender has suspended new loans for the purchase of London properties as the aftershocks of Britain’s vote to leave the EU are felt around the world.United Overseas Bank said it would “temporarily stop” issuing the loans because of heightened uncertainty following the Brexit decision. Continue reading…
Source : theguardian.com
Read more…Major Singapore bank to suspend lending for London properties over EU leave vote















