Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: January 3, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of November 30, 2013, there were 63 OBUs with total assets of US$163.678 billion, an increase of US$3.418 billion or 2.1% 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) |
138.396 |
25.282 |
163.678 |
|
% of combined assets |
84.6% |
15.4% |
100.0% |
Uses and Sources of Funds At the end of November, the primary uses of funds of all OBUs were loans, which amounted to 81.805 billion or 50.0% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 71.286 billion or 43.6% 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 |
81.805 23.889 22.718 18.535 16.731 |
50.0 14.6 13.9 11.3 10.2 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
71.286 50.355 24.920 14.402 2.715 |
43.6 30.8 15.3 8.6 1.7 |
|
Total |
163.678 |
100.0 |
Total |
163.678 |
100.0 |
Destination and Origin of Funds As of November 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
61 |
65 |
|
America |
26 |
21 |
|
Europe |
6 |
9 |
|
Other regions |
7 |
5 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of November 2013 was US$81.805 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
45.733 |
99.9% |
|
Short-term |
35.989 | ||
|
Local |
All terms |
0.083 |
0.1% |
|
Total |
81.805 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of November is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
23.128 |
7.829 |
7.336 |
38.293 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in November 2013 were US$37.015 billion and US$34.482 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in November 2013 was US$63.540 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
54.709 |
|
Futures |
7.940 |
|
Swaps |
0.815 |
|
Margin account trading |
0.046 |
|
Credit derivatives |
0.030 |
|
Total |
63.540 |
___________
Notes: The next release will be made at 16:20 p.m. on January 29, 2014.