Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 2, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2012, there were 62 OBUs with total assets of US$165.144 billion, an increase of US$28.469 billion or 20.8% 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) |
135.164 |
29.980 |
165.144 |
|
% of combined assets |
81.8% |
18.2% |
100.0% |
Uses and Sources of Funds At the end of August, the primary uses of funds of all OBUs were loans, which accounted for 40.6% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 59.5% 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 & branches Nostro account – head office & branches Due from banks located overseas Due from other OBUs Due from banks situated locally Other assets Securities investments |
40.6 36.9 21.1 7.1 6.7 2.0 12.4 10.1 |
Due to banks and Vostro account – head office & branches Vostro account – head office & branches Due to other OBUs Due to banks located overseas Due to banks situated locally Deposits Other liabilities Equity of head office |
59.5 2.8 25.3 13.9 1.3 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of August 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
65 |
70 |
|
America |
24 |
19 |
|
Europe |
8 |
8 |
|
Other regions |
3 |
3 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of August 2012 was US$67.068 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
39.700 |
99.999% |
|
Short-term |
27.367 | ||
|
Local |
All terms |
0.001 |
0.001% |
|
Total |
67.068 |
100.000% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of August is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
15.589 |
7.809 |
8.176 |
31.574 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2012 were US$30.361 billion and US$29.170 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2012 was US$34.799 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
22.603 |
|
Futures |
11.721 |
|
Swaps |
0.370 |
|
Credit derivatives |
0.066 |
|
Margin account trading |
0.035 |
|
Forward contracts |
0.004 |
|
Total |
34.799 |
Note: The next release will be made at 16:20 p.m. on November 2, 2012.