Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of October 31, 2012, there were 62 OBUs with total assets of US$162.773 billion, an increase of US$19.461 billion or 13.6% year on year.  The breakdown of the information in terms of domestic and foreign banks is shown in the table below:

Uses and Sources of Funds     At the end of October, the primary uses of funds of all OBUs were loans, which accounted for 40.7% of total assets.  The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 58.4% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of October 31, Asia was the main destination and origin of funds.  The following table provides a geographical breakdown:

(%)

Loans     The total value of all outstanding loans made by all OBUs at the end of October 2012 was US$66.324 billion, the composition of which is as follows:

Turnover of Foreign Exchange Trading     The data on the turnover of foreign exchange trading by all OBUs for the month of October is provided below:

(USD billions)

Volume of Export and Import Related Business     The volume of export and import related banking business of all OBUs in October 2012 were US$33.128 billion and US$29.606 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in October 2012 was US$40.028 billion as shown in the table below by product category:

(USD billions)

Note: The next release will be made at 16:20 p.m. on January 7, 2013.