Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 30, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2014, there were 62 OBUs with total assets of US$184.552 billion, an increase of US$1.120 billion or 0.6% 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) |
158.240 |
26.312 |
184.552 |
|
% of combined assets |
85.7% |
14.3% |
100.0% |
Uses and Sources of Funds At the end of August, the primary uses of funds of all OBUs were loans, which amounted to 91.881 billion or 49.8% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 83.355 billion or 45.2% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of August 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
64 |
64 |
|
America |
24 |
22 |
|
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 August 2014 was US$91.881 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.056 |
99.9% |
|
Short-term |
39.732 | ||
|
Local |
All terms |
0.093 |
0.1% |
|
Total |
91.881 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of August is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
30.720 |
6.020 |
8.059 |
44.799 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2014 were US$31.802 billion and US$30.043 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2014 was US$71.853 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
60.624 |
|
Futures |
8.609 |
|
Swaps |
2.410 |
|
Credit derivatives |
0.179 |
|
Margin account trading |
0.031 |
|
Total |
71.853 |
___________
Notes: The next release will be made at 16:20 p.m. on October 31, 2014.