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Central Bank of the Republic of China

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Monthly Overview of Offshore Banking Units (OBUs)

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                                       Release Date: April 30, 2015

http://www.cbc.gov.tw>                                                               

Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of March 31, 2015, there were 62 OBUs with total assets of US$185.473 billion, an decrease of US$0.595 billion or 0.3% 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)

158.048

27.425

185.473

% of combined assets

85.2%

14.8%

100.0%

 

 

 

 

 

Uses and Sources of Funds     At the end of March, the primary uses of funds of all OBUs were loans, which amounted to US$91.237 billion or 49.2% of total assets.  The main sources of funds were vostro account– head office & branches, which amounted to US$84.071 billion or 45.3% of total liabilities.  The uses and sources of funds are summarized as follows:

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Destination and Origin of Funds     As of March 31, Asia was the main destination and origin of funds.  The following table provides a geographical breakdown:

                                                                                                                                        (%)

Region

Destination

Origin

Asia

62

65

America

25

22

Europe

7

6

Other regions

6

7

Total

100

100

 

 

 

 

 

 

 

Loans     The total value of all outstanding loans made by all OBUs at the end of March 2015 was US$91.237 billion, the composition of which is as follows:

Client
Location

Duration

Outstanding Value (USD billions)

% of
Total Loans

Overseas

Medium and long-term

52.878

99.6%

Short-term

38.031

Local

All terms

0.328

0.4%

Total

91.237

100.0%

 

 

 

 

 

 

 

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

                                                                                                                                           (USD billions)

Spot

Forwards

Swaps

Total

55.176

10.567

15.515

81.258

 

 

 

Volume of Export and Import Related Business     The volume of export and import related banking business of all OBUs in March 2015 were US$39.159 billion and US$37.414 billion, respectively.

 

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in March 2015 was US$77.089 billion as shown in the table below by product category:

                                                                                                       (USD billions)

Product Category

Turnover

Options

69.069

Futures

6.505

Swaps

1.307

Margin account trading

0.121

Credit derivatives

0.087

Total

77.089

 

 

 

 

 

 

 

 

 

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Notes: The next release will be made at 16:20 p.m. on May 29, 2015.

 

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