Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 8, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 28, 2013, there were 62 OBUs with total assets of US$146.891 billion, a decrease of US$7.185 billion or 4.7% 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) |
121.119 |
25.772 |
146.891 |
|
% of combined assets |
82.5% |
17.5% |
100.0% |
Uses and Sources of Funds At the end of February, the primary uses of funds of all OBUs were loans, which accounted for 48.9% of total assets. The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 60.8% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of February 28, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
57 |
68 |
|
America |
30 |
19 |
|
Europe |
7 |
7 |
|
Other regions |
6 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of February 2013 was US$71.898 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
41.943 |
100.00% |
|
Short-term |
29.955 | ||
|
Local |
All terms |
0.000 |
0.00% |
|
Total |
71.898 |
100.00% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of February is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
17.910 |
5.482 |
10.624 |
34.016 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in February 2013 were US$28.965 billion and US$23.524 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in February 2013 was US$45.062 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
37.692 |
|
Futures |
6.727 |
|
Swaps |
0.462 |
|
Margin account trading |
0.121 |
|
Credit derivatives |
0.047 |
|
Forward contracts |
0.013 |
|
Total |
45.062 |
Note: The next release will be made at 16:20 p.m. on May 7, 2013.