Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: January 29, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of December 31, 2013, there were 63 OBUs with total assets of US$169.572 billion, an increase of US$5.894 billion or 3.6% 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) |
141.812 |
27.760 |
169.572 |
|
% of combined assets |
83.6% |
16.4% |
100.0% |
Uses and Sources of Funds At the end of December, the primary uses of funds of all OBUs were loans, which amounted to 83.081 billion or 49.0% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 75.534 billion or 44.5% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of December 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
|
Region |
Destination |
Origin |
|
Asia |
60 |
65 |
|
America |
27 |
21 |
|
Europe |
6 |
8 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of December 2013 was US$83.081 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
47.510 |
99.8% |
|
Short-term |
35.442 | ||
|
Local |
All terms |
0.129 |
0.2% |
|
Total |
83.081 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of December is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
20.805 |
5.345 |
7.501 |
33.651 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in December 2013 were US$44.982 billion and US$43.700 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in December 2013 was US$43.860 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
36.492 |
|
Futures |
6.547 |
|
Swaps |
0.636 |
|
Credit derivatives |
0.094 |
|
Margin account trading |
0.084 |
|
Forward contracts |
0.007 |
|
Total |
43.860 |
___________
Notes: The next release will be made at 16:20 p.m. on February 27, 2014.