Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 4, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of July 31, 2012, there were 62 OBUs with total assets of US$160.147 billion, an increase of US$25.293 billion or 18.8% 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) |
132.053 |
28.094 |
160.147 |
|
% of combined assets |
82.5% |
17.5% |
100.0% |
Uses and Sources of Funds At the end of July, the primary uses of funds of all OBUs were loans, which accounted for 42.0% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 59.2% 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 office & branches Due from banks located overseas Due from other OBUs Due from banks situated locally Other assets Securities investments |
42.0 36.6 21.7 7.5 5.5 1.9 11.9 9.5 |
Due to banks and Vostro account – head office & Vostro account – head office & branches Due to banks located overseas Due to other OBUs Due to banks situated locally Deposits Other liabilities Equity of head office |
59.2 44.0 6.5 5.5 3.2 25.4 14.1 1.3 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of July 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
64 |
70 |
|
America |
24 |
20 |
|
Europe |
9 |
8 |
|
Other regions |
3 |
2 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of July 2012 was US$67.263 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
39.461 |
99.97% |
|
Short-term |
27.781 | ||
|
Local |
All terms |
0.021 |
0.03% |
|
Total |
67.263 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of July is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
15.122 |
8.948 |
7.001 |
31.071 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in July 2012 were US$29.802 billion and US$27.897 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in July 2012 was US$31.296 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
20.723 |
|
Futures |
10.138 |
|
Swaps |
0.344 |
|
Margin account trading |
0.047 |
|
Credit derivatives |
0.044 |
|
Total |
31.296 |
Note: The next release will be made at 16:20 p.m. on October 2, 2012.