The table lists 9 foreign bank ADRs that trade on the OTC markets:
| S.No. | Name | Ticker | Dividend Yield as of Jan 7, 2011 | Market Capitalization |
|---|---|---|---|---|
| 1 | Alpha Bank A.E. | ALBKY.PK | N/A | $2.0B |
| 2 | Australia and New Zealand Banking | ANZBY.PK | 6.22% | $58.3B |
| 3 | The Bank of East Asia Ltd. | BKEAY.PK | 2.32% | $7.9B |
| 4 | Commerzbank AG | CRZBY.PK | N/A | $8.6B |
| 5 | Swedbank AB | SWDBY.PK | N/A | $13.4B |
| 6 | National Australia Bank Ltd. | NABZY.PK | 6.37% | $50.5B |
| 7 | Societe Generale SA | SCGLY.PK | 0.53% | $40.7B |
| 8 | United Overseas Bank Ltd. | UOVEY.PK | 2.12% | $22.5B |
| 9 | Nedbank Group Ltd. | NDBKY.PK | 2.96% | $8.8B |
Australian banks National Australia Bank Ltd (NABZY.PK) and Australia and New Zealand Banking (ANZBY.PK) have high yields of over 6%. European banks such as Commerzbank, Swedbank, Societe Generale are still a long way from getting back to normal due to heavy losses and exposure to real estate sector, derivatives, etc. Singapore-based United Overseas Bank Ltd (UOVEY.PK) pays a dividend of just over 2% but is a strong bank with a conservative business model. It has the potential to grow further in emerging Asian economies.
Disclosure: Long CRZBY, SWDBY, SCGLY
