Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of January 31, 2013, there were 62 OBUs with total assets of US$143.382 billion, a decrease of US$5.732 billion or 3.8% 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 January, the primary uses of funds of all OBUs were loans, which accounted for 49.1% of total assets.  The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 60.2% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of January 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 January 2013 was US$70.339 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 January 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 January 2013 were US$40.423 billion and US$35.463 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in January 2013 was US$71.744 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 April 8, 2013.