Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: June 30, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of May 31, 2014, there were 62 OBUs with total assets of US$183.685 billion, an increase of US$2.809 billion or 1.6% 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 |
24 |
62 |
|
Total assets (USD billions) |
155.871 |
27.814 |
183.685 |
|
% of combined assets |
84.9% |
15.1% |
100.0% |
Uses and Sources of Funds At the end of May, the primary uses of funds of all OBUs were loans, which amounted to 91.959 billion or 50.1% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 82.211 billion or 44.8% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of May 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
63 |
63 |
|
America |
24 |
21 |
|
Europe |
6 |
9 |
|
Other regions |
7 |
7 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of May 2014 was US$91.959 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.716 |
99.9% |
|
Short-term |
41.154 | ||
|
Local |
All terms |
0.089 |
0.1% |
|
Total |
91.959 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of May is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
27.221 |
6.154 |
11.349 |
44.724 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in May 2014 were US$33.719 billion and US$31.868 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in May 2014 was US$36.486 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
21.847 |
|
Futures |
12.562 |
|
Swaps |
1.959 |
|
Credit derivatives |
0.086 |
|
Margin account trading |
0.032 |
|
Total |
36.486 |
___________
Notes: The next release will be made at 16:20 p.m. on July 31, 2014.