Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of January 31, 2015, there were 62 OBUs with total assets of US$185.174 billion, an increase of US$1.200 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:

Uses and Sources of Funds     At the end of January, the primary uses of funds of all OBUs were loans, which amounted to 91.002 billion or 49.1% of total assets.  The main sources of funds were vostro account– head office & branches, which amounted to 84.375 billion or 45.6% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of January 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 January 2015 was US$91.002 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 January 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 January 2015 were US$42.959 billion and US$43.922 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in January 2015 was US$90.291 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 March 31, 2015.