Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: July 3, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of May 31, 2013, there were 63 OBUs with total assets of US$148.004 billion, a decrease of US$11.492 billion or 7.2% 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 |
38 |
25 |
63 |
|
Total assets (USD billions) |
127.776 |
20.228 |
148.004 |
|
% of combined assets |
86.3% |
13.7% |
100.0% |
Uses and Sources of Funds At the end of May, the primary uses of funds of all OBUs were loans, which accounted for 50.6% of total assets. The main sources of funds were vostro account– head office & branches, which together accounted for 43.5% of total liabilities. The uses and sources of funds are summarized as follows:
(USD billions, % of total assets/liabilities)
|
Uses of Funds |
Sources of Funds | ||||
|
Item |
Amount |
% |
Item |
Amount |
% |
|
Loans Due from banks Securities investments Nostro account – head office & branches Other assets |
74.882 24.054 22.246 13.469 13.353 |
50.6 16.3 15.0 9.1 9.0 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
64.408 46.720 20.835 13.732 2.309 |
43.5 31.6 14.1 9.2 1.6 |
|
Total |
148.004 |
100.0 |
Total |
148.004 |
100.0 |
Destination and Origin of Funds As of May 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
57 |
65 |
|
America |
28 |
20 |
|
Europe |
8 |
9 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of May 2013 was US$74.882 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
43.425 |
99.8% |
|
Short-term |
31.323 | ||
|
Local |
All terms |
0.134 |
0.2% |
|
Total |
74.882 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of May is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
26.470 |
8.995 |
11.788 |
47.253 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in May 2013 were US$33.902 billion and US$30.470 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in May 2013 was US$93.695 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
75.716 |
|
Futures |
16.214 |
|
Swaps |
1.481 |
|
Credit derivatives |
0.150 |
|
Margin account trading |
0.107 |
|
Forward contracts |
0.027 |
|
Total |
93.695 |
Note: The next release will be made at 16:20 p.m. on August 2, 2013.