Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of November 30, 2014, there were 62 OBUs with total assets of US$182.398 billion, a decrease of US$2.668 billion or 1.4% from the previous month.  The breakdown of the information in terms of domestic and foreign banks is shown in the table below:

Uses and Sources of Funds     At the end of November, the primary uses of funds of all OBUs were loans, which amounted to 90.933 billion or 49.9% of total assets.  The main sources of funds were vostro account– head office & branches, which amounted to 79.243 billion or 43.4% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of November 30, Asia was the main destination and origin of funds.  The following table provides a geographical breakdown:

                                                                                                                                     (%)

Loans     The total value of all outstanding loans made by all OBUs at the end of November 2014 was US$90.933 billion, the composition of which is as follows:

Turnover of Foreign Exchange Trading     The data on the turnover of foreign exchange trading by all OBUs for the month of November is provided below:

                                                                                                                       (USD billions)

Volume of Export and Import Related Business     The volume of export and import related banking business of all OBUs in November 2014 were US$34.250 billion and US$33.761 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in November 2014 was US$62.663 billion as shown in the table below by product category:

                                                                                  (USD billions)

___________

Notes: The next release will be made at 16:20 p.m. on January 30, 2015.