Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 3, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 29, 2012, there were 62 OBUs with total assets of US$154.076 billion, an increase of US$32.057 billion or 26.3% year on year. The breakdown of the information in terms of domestic and foreign banks is shown in the table below:
|
Item |
Domestic Bank |
Foreign Bank |
Total |
|
Number of OBUs |
37 |
25 |
62 |
|
Total assets (USD billions) |
122.949 |
31.127 |
154.076 |
|
% of combined assets |
79.8% |
20.2% |
100.0% |
Uses and Sources of Funds At the end of February, the primary uses of funds of all OBUs were loans, which accounted for 39.5% of total assets. The main sources of funds were deposits by financial institutions and inter-branch accounts, which together accounted for 61.7% of total liabilities. The uses and sources of funds are summarized as follows:
(% of total assets/liabilities)
|
Uses of Funds |
Sources of Funds |
| ||
|
Loans |
39.5 |
Due to banks and Vostro account – head office & |
61.7 |
|
|
Due from banks and Nostro account – head office & |
38.7 |
|||
|
Vostro account – head |
44.2 |
|||
|
Nostro account – head |
23.1 |
|||
|
Due to other OBUs |
7.5 |
|||
|
Due from other OBUs |
7.5 |
Due to banks located |
6.8 |
|
|
Due from banks located |
6.5 |
|||
|
Due to banks situated |
3.2 |
|||
|
Due from banks situated |
1.6 |
|||
|
Deposits |
25.4 |
| ||
|
Securities investments |
11.2 |
Other liabilities |
11.9 |
|
|
Other assets |
10.6 |
Equity of head office |
1.0 |
|
|
Total |
100.0 |
Total |
100.0 |
|
Destination and Origin of Funds As of February 29, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
64 |
69 |
|
America |
25 |
20 |
|
Europe |
8 |
9 |
|
Other regions |
3 |
2 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of February 2012 was US$60.845 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
35.014 |
99.9% |
|
Short-term |
25.790 | ||
|
Local |
All terms |
0.041 |
0.1% |
|
Total |
60.845 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of February is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
13.093 |
8.337 |
5.044 |
26.474 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in February 2012 were US$34.069 billion and US$31.446 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in February 2012 was US$32.944 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
19.835 |
|
Futures |
12.012 |
|
Interest rate swaps |
0.584 |
|
Credit derivatives |
0.387 |
|
Margin account trading |
0.095 |
|
Commodity forwards |
0.025 |
|
Commodity swaps |
0.006 |
|
Total |
32.944 |
Note: The next release will be made at 16:20 p.m. on May 3, 2012.