Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 30, 2015
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:
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 |
Duration |
Outstanding Value (USD billions) |
% of |
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.