Many of the foreign bank ADRs are now trading under $10. Listed below are twelve such stocks.While some of them have great yields, it is not guaranteed and may be reduced or canceled anytime.
Note: Stock prices listed here are as of Oct 28,2008 (Tuesday).
1.Allied Irish Banks Plc(AIB) = $8.35
2.The Governor and Company of The Bank of Ireland (IRE) = $7.25
3. Banco Itau(ITU)=$8.89
4.Banco Macro SA(BMA) = $6.93
5.BVA Banco Frances S.A(BFR)= $2.07
6.National Bank of Greece(NBG) = $3.51
7.Banco Santander SA(STD) = $9.24
8.Royal Bank of Scotland Group Pl c(RBS) = $0.98
9.Banco Bilbao Vizcaya Argentaria (BBV) = $9.80
10.Danske Bank (DNSKY) = $7.35
11.Societe Generale (SCGLY) = $9.05
12.ING Groep NV (ING) = $7.81