2 Strong Spanish Banks (STD, BBV) For Long-Term Investors
Nov 13th, 2008 | By Sara Nunnally | Category: FeaturedLatin American markets were hit hard as the credit crisis spread to emerging markets. But Sara Nunnally says Spanish banks operating in the region are recording strong profits. And they are not heavily exposed to subprime debt. Banco Santander (NYSE:STD) and BBVA Group (NYSE:BBV) are at “rock-bottom” prices right now. Sara says that makes them a strong, long-term investment option.