Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: June 6, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of April 30, 2012, there were 62 OBUs with total assets of US$157.909 billion, an increase of US$29.314 billion or 22.8% 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) |
127.211 |
30.698 |
157.909 |
|
% of combined assets |
80.6% |
19.4% |
100.0% |
Uses and Sources of Funds At the end of April, the primary uses of funds of all OBUs were loans, which accounted for 40.0% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 61.3% of total liabilities. The uses and sources of funds are summarized as follows:
(% of total assets/liabilities)
|
Uses of Funds |
Sources of Funds | ||
|
Loans Due from banks and Nostro account – head office & Nostro account – head Due from banks located Due from other OBUs Due from banks situated Securities investments Other assets |
40.0 38.4 22.1 8.0 6.7 1.6 11.2 10.4 |
Due to banks and Vostro account – head office & Vostro account – head Due to other OBUs Due to banks located Due to banks situated Deposits Other liabilities Equity of head office |
61.3 45.2 6.7 5.9 3.5 25.0 12.5 1.2 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of April 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
63 |
69 |
|
America |
25 |
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 April 2012 was US$63.090 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
36.165 |
99.98% |
|
Short-term |
26.915 | ||
|
Local |
All terms |
0.010 |
0.02% |
|
Total |
63.090 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of April is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
14.874 |
8.829 |
5.919 |
29.622 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in April 2012 were US$31.505 billion and US$27.158 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in April 2012 was US$30.276 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
18.940 |
|
Futures |
10.525 |
|
Swaps |
0.556 |
|
Credit derivatives |
0.148 |
|
Margin account trading |
0.100 |
|
Forwards |
0.007 |
|
Total |
30.276 |
Note: The next release will be made at 16:20 p.m. on July 3, 2012.