Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: August 3, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of June 30, 2012, there were 62 OBUs with total assets of US$160.203 billion, an increase of US$25.864 billion or 19.3% 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) |
130.472 |
29.731 |
160.203 |
|
% of combined assets |
81.4% |
18.6% |
100.0% |
Uses and Sources of Funds At the end of June, the primary uses of funds of all OBUs were loans, which accounted for 41.2% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 60.6% 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 |
41.2 37.2 21.9 7.7 5.4 2.2 11.9 9.7 |
Due to banks and Vostro account – head office & branches Vostro account – head Due to banks located Due to other OBUs Due to banks situated locally Deposits Other liabilities Equity of head office |
60.6 46.1
6.0 3.0 24.8 13.4 1.2 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of June 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
64 |
71 |
|
America |
24 |
19 |
|
Europe |
8 |
8 |
|
Other regions |
4 |
2 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of June 2012 was US$66.076 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
38.753 |
99.91% |
|
Short-term |
27.265 | ||
|
Local |
All terms |
0.058 |
0.09% |
|
Total |
66.076 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of June is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
18.033 |
8.234 |
5.762 |
32.029 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in June 2012 were US$31.504 billion and US$26.867 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in June 2012 was US$31.770 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
18.596 |
|
Futures |
12.055 |
|
Swaps |
0.853 |
|
Credit derivatives |
0.163 |
|
Margin account trading |
0.102 |
|
Forwards |
0.001 |
|
Total |
31.770 |
Note: The next release will be made at 16:20 p.m. on September 4, 2012.