Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of August 31, 2015, there were 62 OBUs with total assets of US$195.401 billion, an increase of US$6.412 billion or 3.4% 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 August , the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$89.153 billion or 45.6% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$78.507 billion or 40.2% of total liabilities.  The uses and sources of funds are summarized as follows:

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

                                                                                                (%)

Discounts and Loans     The total value of all outstanding Discounts and Loans made by all OBUs at the end of August 2015 was US$89.153 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 August 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 August 2015 were US$36.791 billion and US$34.323 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in August 2015 was US$59.636 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 October  30, 2015.