Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 31, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 28, 2014, there were 63 OBUs with total assets of US$173.366 billion, an increase of US$0.249 billion or 0.1% 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) |
148.725 |
24.641 |
173.366 |
|
% of combined assets |
85.8% |
14.2% |
100.0% |
Uses and Sources of Funds At the end of February, the primary uses of funds of all OBUs were loans, which amounted to 87.863 billion or 50.7% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 75.377 billion or 43.5% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of February 28, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
62 |
64 |
|
America |
25 |
21 |
|
Europe |
6 |
9 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of February 2014 was US$87.863 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
48.178 |
99.8% |
|
Short-term |
39.537 | ||
|
Local |
All terms |
0.148 |
0.2% |
|
Total |
87.863 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of February is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
24.906 |
5.985 |
13.490 |
44.381 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in February 2014 were US$35.569 billion and US$33.902 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in February 2014 was US$107.623 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
98.684 |
|
Futures |
8.043 |
|
Swaps |
0.803 |
|
Credit derivatives |
0.049 |
|
Margin account trading |
0.042 |
|
Forward contracts |
0.002 |
|
Total |
107.623 |
___________
Notes: The next release will be made at 16:20 p.m. on April 30, 2014.