Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 4, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of July 31, 2013, there were 63 OBUs with total assets of US$151.552 billion, an increase of US$1.291 billion or 0.9% from the previous month. 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) |
129.048 |
22.504 |
151.552 |
|
% of combined assets |
85.2% |
14.8% |
100.0% |
Uses and Sources of Funds At the end of July, the primary uses of funds of all OBUs were loans, which amounted to 77.738 billion or 51.3% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 67.268 billion or 44.4% 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 |
77.738 23.638 21.244 15.284 13.648 |
51.3 15.6 14.0 10.1 9.0 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
67.268 46.793 21.942 13.458 2.091 |
44.4 30.9 14.5 8.8 1.4 |
|
Total |
151.552 |
100.0 |
Total |
151.552 |
100.0 |
Destination and Origin of Funds As of July 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
58 |
65 |
|
America |
28 |
20 |
|
Europe |
7 |
9 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of July 2013 was US$77.738 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
45.036 |
99.8% |
|
Short-term |
32.566 | ||
|
Local |
All terms |
0.136 |
0.2% |
|
Total |
77.738 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of July is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
22.385 |
6.963 |
10.048 |
39.396 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in July 2013 were US$34.461 billion and US$30.016 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in July 2013 was US$56.994 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
46.716 |
|
Futures |
8.856 |
|
Swaps |
1.146 |
|
Margin account trading |
0.162 |
|
Credit derivatives |
0.096 |
|
Forward contracts |
0.018 |
|
Total |
56.994 |
___________
Notes: The next release will be made at 16:20 p.m. on October 3, 2013.