Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: February 27, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of January 31, 2014, there were 63 OBUs with total assets of US$173.117 billion, an increase of US$3.545 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) |
146.855 |
26.262 |
173.117 |
|
% of combined assets |
84.8% |
15.2% |
100.0% |
Uses and Sources of Funds At the end of January, the primary uses of funds of all OBUs were loans, which amounted to 86.449 billion or 49.9% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 78.317 billion or 45.2% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of January 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
63 |
65 |
|
America |
25 |
21 |
|
Europe |
6 |
9 |
|
Other regions |
6 |
5 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of January 2014 was US$86.449 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
47.948 |
99.8% |
|
Short-term |
38.352 | ||
|
Local |
All terms |
0.149 |
0.2% |
|
Total |
86.449 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of January is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
27.392 |
6.788 |
13.585 |
47.765 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in January 2014 were US$41.593 billion and US$41.330 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in January 2014 was US$196.018 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
185.910 |
|
Futures |
8.776 |
|
Swaps |
1.035 |
|
Credit derivatives |
0.187 |
|
Margin account trading |
0.104 |
|
Forward contracts |
0.006 |
|
Total |
196.018 |
___________
Notes: The next release will be made at 16:20 p.m. on March 31, 2014.