Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: November 2, 2012
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of September 30, 2012, there were 62 OBUs with total assets of US$162.139 billion, an increase of US$24.246 billion or 17.6% 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) |
132.190 |
29.949 |
162.139 |
|
% of combined assets |
81.5% |
18.5% |
100.0% |
Uses and Sources of Funds At the end of September, the primary uses of funds of all OBUs were loans, which accounted for 41.1% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 58.6% 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 & branches Nostro account – head office & branches Due from banks located overseas Due from other OBUs Due from banks situated locally Other assets Securities investments |
41.1 36.3 21.9 6.5 6.1 1.8 12.6 10.0 |
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 |
58.6 2.9 26.3 13.7 1.4 |
|
Total |
100.0 |
Total |
100.0 |
Destination and Origin of Funds As of September 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
64 |
69 |
|
America |
24 |
20 |
|
Europe |
8 |
8 |
|
Other regions |
4 |
3 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of September 2012 was US$66.705 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
39.703 |
99.88% |
|
Short-term |
26.922 | ||
|
Local |
All terms |
0.080 |
0.12% |
|
Total |
66.705 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of September is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
16.955 |
9.377 |
8.227 |
34.559 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in September 2012 were US$32.194 billion and US$29.249 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in September 2012 was US$41.354 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
21.130 |
|
Futures |
19.725 |
|
Swaps |
0.370 |
|
Credit derivatives |
0.064 |
|
Margin account trading |
0.049 |
|
Forward contracts |
0.016 |
|
Total |
41.354 |
Note: The next release will be made at 16:20 p.m. on December 4, 2012.