Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: November 28, 2014
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of October 31, 2014, there were 62 OBUs with total assets of US$185.066 billion, a decrease of US$1.259 billion or 0.7% 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) |
157.438 |
27.628 |
185.066 |
|
% of combined assets |
85.1% |
14.9% |
100.0% |
Uses and Sources of Funds At the end of October, the primary uses of funds of all OBUs were loans, which amounted to 91.427 billion or 49.4% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 78.012 billion or 42.2% of total liabilities. The uses and sources of funds are summarized as follows:
(USD billions, % of total assets/liabilities)
|
Uses of Funds |
Sources of Funds | ||||
|
Item |
Amount |
% |
Item |
Amount |
% |
|
Loans Due from banks Other assets Securities investments Nostro account – head office & branches |
91.427 29.172 24.492 21.562 18.413 |
49.4 15.7 13.3 11.7 9.9 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
78.012 55.382 27.642 20.259 3.771 |
42.2 29.9 14.9 11.0 2.0 |
|
Total |
185.066 |
100.0 |
Total |
185.066 |
100.0 |
Destination and Origin of Funds As of October 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 |
8 |
|
Other regions |
6 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of October 2014 was US$91.427 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.743 |
99.9% |
|
Short-term |
38.557 | ||
|
Local |
All terms |
0.127 |
0.1% |
|
Total |
91.427 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of October is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
34.087 |
9.342 |
10.489 |
53.918 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in October 2014 were US$37.366 billion and US$33.657 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in October 2014 was US$69.034 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
54.648 |
|
Futures |
11.979 |
|
Swaps |
2.129 |
|
Credit derivatives |
0.216 |
|
Margin account trading |
0.062 |
|
Total |
69.034 |
___________
Notes: The next release will be made at 16:20 p.m. on December 31, 2014.