Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: November 4, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of September 30, 2013, there were 63 OBUs with total assets of US$158.597 billion, an increase of US$6.683 billion or 4.4% 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) |
134.330 |
24.267 |
158.597 |
|
% of combined assets |
84.7% |
15.3% |
100.0% |
Uses and Sources of Funds At the end of September, the primary uses of funds of all OBUs were loans, which amounted to 80.691 billion or 50.9% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 68.610 billion or 43.3% 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 Other assets Nostro account – head office & branches |
80.691 24.350 21.641 16.157 15.758 |
50.9 15.3 13.6 10.3 9.9 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
68.610 48.654 24.556 14.375 2.402 |
43.3 30.7 15.4 9.1 1.5 |
|
Total |
158.597 |
100.0 |
Total |
158.597 |
100.0 |
Destination and Origin of Funds As of September 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
60 |
65 |
|
America |
27 |
20 |
|
Europe |
7 |
9 |
|
Other regions |
6 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of September 2013 was US$80.691 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
46.136 |
99.8% |
|
Short-term |
34.430 | ||
|
Local |
All terms |
0.125 |
0.2% |
|
Total |
80.691 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of September is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
19.895 |
7.777 |
8.447 |
36.119 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in September 2013 were US$36.582 billion and US$36.576 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in September 2013 was US$76.627 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
64.957 |
|
Futures |
10.128 |
|
Swaps |
1.370 |
|
Margin account trading |
0.102 |
|
Credit derivatives |
0.064 |
|
Forward contracts |
0.006 |
|
Total |
76.627 |
___________
Notes: The next release will be made at 16:20 p.m. on December 4, 2013.