Central Bank of the Republic of China （Taiwan）
PRESS RELEASE Release Date: April 6, 2010

Overview of offshore banking units (February 2010)
At the end of February 2010, there were 63 offshore banking units (OBUs) including 36 domestic banks and 27 foreign banks. The combined assets of all OBUs amounted to US$103.016 billion at the end of February 2010, an increase of US$3.213 billion or 3.22% compared to the same period of the previous year. Domestic bank OBUs accounted for US$82.215 billion or 80% of these combined assets, and foreign bank OBUs accounted for US$20.801 billion or 20% of the total.

The turnover of foreign exchange trading by all OBUs in February 2010 was US$12.982 billion consisting of (1) spot transactions for US$6.098 billion, (2) foreign exchange swaps for US$3.510 billion, and (3) outright forwards for US$3.374 billion.

Based on balance sheet analysis, the OBUs main sources of funds were due to related offices and deposits by financial institutions, which accounted for 60% of total liabilities including (1) deposits by financial institutions situated locally for 4%, (2) deposits by financial institutions located overseas for 2%, (3) inter-OBU deposits for 8%, and (4) due to related offices for 46%. The other sources of funds included deposits by non-financial institutions accounting for 31% of total liabilities, and other liabilities plus the equity of head office for 9%. In terms of the area of origin, Asia accounted for 73%, followed by America for 20%, Europe for 5%, and other areas for 2%.

The main uses for funds were due from related offices and deposits with financial institutions, which accounted for 49% of total assets including (1) deposits with other domestic financial institutions for 3%, (2) deposits overseas for 13%, (3) deposits with domestic OBUs for 8%, and (4) due from related offices for 25%. The other uses of funds included (1) loans for 31%, (2) security investments for 13%, and (3) other assets for 7%. Asia was the main destination for funds, accounting for 61%, followed by America for 24%, Europe for 12%, and other areas for 3%.

The total value of all outstanding loans made by OBUs at the end of February 2010 was US$31.970 billion, of which 98% was extended to overseas clients, including long-term loans for US$20.271 billion and short-term loans for US$10.956 billion. The remaining 2% was extended to local clients for US$743 million.

The volume of export related banking business of all OBUs in February 2010 was US$19.059 billion including (1) export collection, export remittance, and accounts receivable factoring for US$18.058 billion and (2) export negotiation for US$1.001 billion. The volume of import related banking business of all OBUs was US$18.474 billion.

The turnover of other derivative products trading by all OBUs in February 2010 was US$30.632 billion including (1) financial futures for US$19.287 billion, (2) options for US$8.627 billion, (3) credit derivatives for US$1.908 billion, (4) foreign currency interest rate swaps for US$702 million, (5) margin account trading for US$72 million, (6) commodity forward contracts for US$22 million, and (7) commodity swaps for US$14 million.

Note: The next dissemination will be made at 16:20 p.m. on May 4, 2010.