Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: May 30, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of April 30, 2014, there were 62 OBUs with total assets of US$180.876 billion, an increase of US$2.707 billion or 1.5% 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 |
24 |
62 |
|
Total assets (USD billions) |
152.365 |
28.511 |
180.876 |
|
% of combined assets |
84.2% |
15.8% |
100.0% |
Uses and Sources of Funds At the end of April, the primary uses of funds of all OBUs were loans, which amounted to 90.240 billion or 49.9% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 79.011 billion or 43.7% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of April 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
63 |
63 |
|
America |
25 |
20 |
|
Europe |
6 |
10 |
|
Other regions |
6 |
7 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of April 2014 was US$90.24 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
49.978 |
99.9% |
|
Short-term |
40.173 | ||
|
Local |
All terms |
0.089 |
0.1% |
|
Total |
90.240 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of April is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
24.841 |
7.479 |
11.482 |
43.802 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in April 2014 were US$35.278 billion and US$32.681 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in April 2014 was US$54.026 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
42.247 |
|
Futures |
10.655 |
|
Swaps |
1.010 |
|
Credit derivatives |
0.069 |
|
Margin account trading |
0.042 |
|
Forward contracts |
0.003 |
|
Total |
54.026 |
___________
Notes: The next release will be made at 16:20 p.m. on June 30, 2014.