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Monthly Overview of Offshore Banking Units (OBUs)

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE        Release Date: May 7, 2013

http://www.cbc.gov.tw> 

Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of March 31, 2013, there were 62 OBUs with total assets of US$150.320 billion, a decrease of US$6.153 billion or 3.9% 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)

124.127

26.193

150.320

% of combined assets

82.6%

17.4%

100.0%

 

Uses and Sources of Funds     At the end of March, the primary uses of funds of all OBUs were loans, which accounted for 48.6% of total assets.  The main sources of funds were due to banks and vostro account– head office & branches, which together accounted for 60.3% of total liabilities.  The uses and sources of funds are summarized as follows:

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

                                                                                                                                                             (%)

Region

Destination

Origin

Asia

58

68

America

28

19

Europe

7

7

Other regions

7

6

Total

100

100

 
 
Loans     The total value of all outstanding loans made by all OBUs at the end of March 2013 was US$73.015 billion, the composition of which is as follows:

Client
Location

Duration

Outstanding Value (USD billions)

% of
Total Loans

Overseas

Medium and long-term

42.987

99.9%

Short-term

29.943

Local

All terms

0.085

0.1%

Total

73.015

100.0%

 

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

                                                                                                                                                          (USD billions)

Spot

Forwards

Swaps

Total

20.699

6.902

12.038

39.639

 

Volume of Export and Import Related Business     The volume of export and import related banking business of all OBUs in March 2013 were US$38.019 billion and US$33.427 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in March 2013 was US$55.403 billion as shown in the table below by product category:

                                                                                                                                                         (USD billions)

Product Category

Turnover

Options

45.289

Futures

9.025

Swaps

0.827

Credit derivatives

0.132

Margin account trading

0.129

Forward contracts

0.001

Total

55.403

 

 

 

Note: The next release will be made at 16:20 p.m. on June 6, 2013.

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