Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: July 3, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of May 31, 2012, there were 62 OBUs with total assets of US$159.496 billion, an increase of US$28.324 billion or 21.6% 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) |
128.329 |
31.167 |
159.496 |
|
% of combined assets |
80.5% |
19.5% |
100.0% |
Uses and Sources of Funds At the end of May, the primary uses of funds of all OBUs were loans, which accounted for 40.8% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 59.6% 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 Other assets Securities investments |
40.8 36.5 21.4 7.9 5.1 2.1 13.1 9.6 |
Due to banks and Vostro account – head office & Vostro account – head Due to banks located Due to other OBUs Due to banks situated Deposits Other liabilities Equity of head office |
59.6 44.8 6.4 5.1 3.3 25.0 14.2 1.2 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of May 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
63 |
69 |
|
America |
24 |
20 |
|
Europe |
9 |
9 |
|
Other regions |
4 |
2 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of May 2012 was US$65.063 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
37.899 |
99.98% |
|
Short-term |
27.154 | ||
|
Local |
All terms |
0.010 |
0.02% |
|
Total |
65.063 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of May is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
21.016 |
9.687 |
6.699 |
37.402 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in May 2012 were US$32.670 billion and US$29.160 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in May 2012 was US$39.132 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
24.979 |
|
Futures |
13.360 |
|
Swaps |
0.375 |
|
Credit derivatives |
0.349 |
|
Margin account trading |
0.062 |
|
Forwards |
0.007 |
|
Total |
39.132 |
Note: The next release will be made at 16:20 p.m. on August 2, 2012.