Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: February 6, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of December 31, 2012, there were 62 OBUs with total assets of US$170.906 billion, an increase of US$25.805 billion or 17.8% 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) |
138.637 |
32.269 |
170.906 |
% of combined assets |
81.1% |
18.9% |
100.0% |
Uses and Sources of Funds At the end of December, the primary uses of funds of all OBUs were loans, which accounted for 40.5% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 58.8% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of December 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
Region |
Destination |
Origin |
Asia |
63 |
71 |
America |
25 |
18 |
Europe |
8 |
9 |
Other regions |
4 |
2 |
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of December 2012 was US$69.219 billion, the composition of which is as follows:
Client |
Duration |
Outstanding Value (USD billions) |
% of |
Overseas |
Medium and long-term |
40.879 |
100.00% |
Short-term |
28.340 | ||
Local |
All terms |
0.000 |
0.00% |
Total |
69.219 |
100.00% |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of December is provided below:
(USD billions)
Spot |
Forwards |
Swaps |
Total |
15.583 |
6.162 |
9.031 |
30.776 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in December 2012 were US$38.046 billion and US$31.752 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in December 2012 was US$22.634 billion as shown in the table below by product category:
(USD billions)
Product Category |
Turnover |
Options |
14.344 |
Futures |
7.943 |
Swaps |
0.166 |
Credit derivatives |
0.133 |
Margin account trading |
0.048 |
Total |
22.634 |
Note: The next release will be made at 16:20 p.m. on March 13, 2013.