Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 3, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2013, there were 63 OBUs with total assets of US$151.914 billion, an increase of US$0.362 billion or 0.2% 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) |
128.845 |
23.069 |
151.914 |
|
% of combined assets |
84.8% |
15.2% |
100.0% |
Uses and Sources of Funds At the end of August, the primary uses of funds of all OBUs were loans, which amounted to 79.546 billion or 52.4% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 66.669 billion or 43.9% 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 |
79.546 21.560 21.412 15.202 14.194 |
52.4 14.1 14.1 10.0 9.4 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
66.669 47.828 22.134 13.062 2.221 |
43.9 31.5 14.5 8.6 1.5 |
|
Total |
151.914 |
100.0 |
Total |
151.914 |
100.0 |
Destination and Origin of Funds As of August 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
58 |
64 |
|
America |
28 |
20 |
|
Europe |
7 |
9 |
|
Other regions |
7 |
7 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of August 2013 was US$79.546 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
45.645 |
99.8% |
|
Short-term |
33.765 | ||
|
Local |
All terms |
0.136 |
0.2% |
|
Total |
79.546 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of August is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
23.494 |
8.600 |
9.389 |
41.483 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2013 were US$32.692 billion and US$30.455 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2013 was US$70.290 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
56.911 |
|
Futures |
12.382 |
|
Swaps |
0.752 |
|
Margin account trading |
0.189 |
|
Credit derivatives |
0.056 |
|
Total |
70.290 |
___________
Notes: The next release will be made at 16:20 p.m. on November 4, 2013.