Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: December 4, 2013
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of October 31, 2013, there were 63 OBUs with total assets of US$160.260 billion, an increase of US$1.663 billion or 1.0% 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) |
135.172 |
25.088 |
160.260 |
|
% of combined assets |
84.3% |
15.7% |
100.0% |
Uses and Sources of Funds At the end of October, the primary uses of funds of all OBUs were loans, which amounted to 81.732 billion or 51.0% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 68.975 billion or 43.0% 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 |
81.732 23.231 22.236 17.658 15.403 |
51.0 14.5 13.9 11.0 9.6 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
68.975 49.367 24.312 14.988 2.618 |
43.0 30.8 15.2 9.4 1.6 |
|
Total |
160.260 |
100.0 |
Total |
160.260 |
100.0 |
Destination and Origin of Funds As of October 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
|
Region |
Destination |
Origin |
|
Asia |
59 |
64 |
|
America |
27 |
20 |
|
Europe |
7 |
10 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of October 2013 was US$81.732 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
45.853 |
99.8% |
|
Short-term |
35.749 | ||
|
Local |
All terms |
0.130 |
0.2% |
|
Total |
81.732 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of October is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
23.332 |
6.727 |
6.875 |
36.934 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in October 2013 were US$34.701 billion and US$33.868 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in October 2013 was US$75.405 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
64.116 |
|
Futures |
10.176 |
|
Swaps |
1.040 |
|
Margin account trading |
0.061 |
|
Credit derivatives |
0.012 |
|
Total |
75.405 |
___________
Notes: The next release will be made at 16:20 p.m. on January 3, 2014.