The crisis roiled the U.S. banking system earlier this year following the collapse of three relatively large regional banks. While the financial sector has shown few signs of stabilization, continued tighter credit conditions could hamper economic growth or bring the economy closer to a recession.
Hence, it could be wise to explore beyond national borders and invest in fundamentally sound foreign stocks Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Commerzbank AG (CRZBY), and Woori Financial Group Inc. (WF), which are attracting significant investors’ attention lately.
