Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of December 31, 2014, there were 62 OBUs with total assets of US$183.974 billion, an increase of US$1.576 billion or 0.9% 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 December, the primary uses of funds of all OBUs were loans, which amounted to 89.568 billion or 48.7% of total assets.  The main sources of funds were vostro account– head office & branches, which amounted to 80.633 billion or 43.8% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of December 31, 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 December 2014 was US$89.568 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 December 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 December 2014 were US$42.140 billion and US$38.477 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in December 2014 was US$42.137 billion as shown in the table below by product category:

                                                                                                 (USD billions)

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Notes: The next release will be made at 16:20 p.m. on March 6, 2015.