Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 30, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of March 31, 2014, there were 63 OBUs with total assets of US$178.169 billion, an increase of US$4.803 billion or 2.8% 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) |
149.678 |
28.491 |
178.169 |
|
% of combined assets |
84.0% |
16.0% |
100.0% |
Uses and Sources of Funds At the end of March, the primary uses of funds of all OBUs were loans, which amounted to 88.551 billion or 49.7% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 80.512 billion or 45.2% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of March 31, 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 |
10 |
|
Other regions |
7 |
5 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of March 2014 was US$88.551 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
48.754 |
99.9% |
|
Short-term |
39.698 | ||
|
Local |
All terms |
0.099 |
0.1% |
|
Total |
88.551 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of March is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
29.288 |
7.973 |
16.312 |
53.573 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in March 2014 were US$39.142 billion and US$35.555 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in March 2014 was US$75.877 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
57.500 |
|
Futures |
16.889 |
|
Swaps |
1.250 |
|
Forward contracts |
0.106 |
|
Credit derivatives |
0.096 |
|
Margin account trading |
0.036 |
|
Total |
75.877 |
___________
Notes: The next release will be made at 16:20 p.m. on May 30, 2014.