Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: December 31, 2015
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of November 30, 2015, there were 62 OBUs with total assets of US$187.007 billion, an decrease of US$3.159 billion or 1.7% 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 |
37 |
25 |
62 |
Total assets (USD billions) |
160.200 |
26.807 |
187.007 |
% of combined assets |
85.7% |
14.3% |
100.0% |
Uses and Sources of Funds At the end of November , the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$84.500 billion or 45.2% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$79.844 billion or 42.7% of total liabilities. The uses and sources of funds are summarized as follows:
Destination and Origin of Funds As of November 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
Region |
Destination |
Origin |
Asia |
60 |
61 |
America |
26 |
26 |
Europe |
8 |
6 |
Other regions |
6 |
7 |
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of November 2015 was US$84.500 billion, the composition of which is as follows:
Client |
Duration |
Outstanding Value (USD billions) |
% of |
Overseas |
Medium and long-term |
52.526 |
99.7% |
Short-term |
31.726 | ||
Local |
All terms |
0.248 |
0.3% |
Total |
84.500 |
100.0% |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of November is provided below:
(USD billions)
Spot |
Forwards |
Swaps |
Total |
63.165 |
7.544 |
9.422 |
80.131 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in November 2015 were US$34.744 billion and US$31.795 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in November 2015 was US$36.004 billion as shown in the table below by product category:
(USD billions)
Product Category |
Turnover |
Options |
30.528 |
Futures |
2.662 |
Swaps |
1.868 |
Margin account trading |
0.879 |
Credit derivatives |
0.067 |
Total |
36.004 |
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Notes: The next release will be made at 16:20 p.m. on January 29, 2016.