Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 31, 2015
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 28, 2015, there were 62 OBUs with total assets of US$186.068 billion, an increase of US$0.894 billion or 0.5% 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) |
158.590 |
27.478 |
186.068 |
|
% of combined assets |
85.2% |
14.8% |
100.0% |
Uses and Sources of Funds At the end of February, the primary uses of funds of all OBUs were loans, which amounted to 90.665 billion or 48.7% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to 84.395 billion or 45.4% 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 |
90.665 28.867 25.405 23.749 17.382 |
48.7 15.6 13.6 12.8 9.3 |
Vostro account – head office & branches
Deposits Due to banks Other liabilities Equity of head office |
84.395 56.990 23.414 19.150 2.119 |
45.4 30.6 12.6 10.3 1.1 |
|
Total |
186.068 |
100.0 |
Total |
186.068 |
100.0 |
Destination and Origin of Funds As of February 28, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
62 |
65 |
|
America |
26 |
22 |
|
Europe |
7 |
7 |
|
Other regions |
5 |
6 |
|
Total |
100 |
100 |
Loans The total value of all outstanding loans made by all OBUs at the end of February 2015 was US$90.665 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.727 |
99.6% |
|
Short-term |
37.616 | ||
|
Local |
All terms |
0.322 |
0.4% |
|
Total |
90.665 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of February is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.908 |
8.966 |
11.313 |
58.187 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in February 2015 were US$27.453 billion and US$26.668 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in February 2015 was US$40.640 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
36.272 |
|
Futures |
3.717 |
|
Swaps |
0.577 |
|
Margin account trading |
0.058 |
|
Credit derivatives |
0.016 |
|
Total |
40.640 |
___________
Notes: The next release will be made at 16:20 p.m. on April 30, 2015.