Monthly Overview of Offshore Banking Units (OBUs)

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Central Bank of the Republic of China (Taiwan)

PRESS RELEASE Release Date: May 3, 2012

http://www.cbc.gov.tw>

Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets As of March 31, 2012, there were 62 OBUs with total assets of US$156.473 billion, an increase of US$30.820 billion or 24.5% 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)	124.929	31.544	156.473
% of combined assets	79.8%	20.2%	100.0%

Uses and Sources of Funds At the end of March, the primary uses of funds of all OBUs were due from banks and nostro account– head office & branches, which together accounted for 39.9% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 62.3% of total liabilities. The uses and sources of funds are summarized as follows:

Destination and Origin of Funds As of March 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:

(%)

Region	Destination	Origin
Asia	64	69
America	24	20
Europe	8	9
Other regions	4	2
Total	100	100

Loans The total value of all outstanding loans made by all OBUs at the end of March 2012 was US$61.686 billion, the composition of which is as follows:

Client Location	Duration	Outstanding Value (USD billions)	% of Total Loans
Overseas	Medium and long-term	35.735	99.9%
Overseas	Short-term	25.891	99.9%
Local	All terms	0.060	0.1%
Total		61.686	100.0%

Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of March is provided below:

(USD billions)

Spot	Forwards	Swaps	Total
15.253	7.866	5.695	28.814

Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in March 2012 were US$33.181 billion and US$29.986 billion, respectively.

Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in March 2012 was US$38.820 billion as shown in the table below by product category:

(USD billions)

Product Category	Turnover
Options	22.890
Futures	14.697
Swaps	0.828
Credit derivatives	0.290
Margin account trading	0.113
Forwards	0.002
Total	38.820

Note: The next release will be made at 16:20 p.m. on June 6, 2012.