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Monthly Overview of Offshore Banking Units (OBUs)

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE        Release Date: February 6, 2013

http://www.cbc.gov.tw>                             

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:

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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
Location

Duration

Outstanding Value (USD billions)

% of
Total Loans

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.

 

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