Monthly Overview of Offshore Banking Units (OBUs)

Number of OBUs and Total Assets     As of December 31, 2015, there were 62 OBUs with total assets of US$181.924 billion, a decrease of US$5.083 billion or 2.7% 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 December, the primary uses of funds of all OBUs were Discounts and loans, which amounted to 81.607 billion or 44.9% of total assets.  The main sources of funds were vostro account–head office & branches, which amounted to 75.879 billion or 41.7% of total liabilities.  The uses and sources of funds are summarized as follows:

Destination and Origin of Funds     As of December 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 December 2015 was US$81.607 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 December 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 December 2015 were US$49.474 billion and US$44.185 billion, respectively.

Turnover of Derivative Products Trading     The turnover of derivative products trading by all OBUs in December 2015 was US$28.573 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 March 1, 2016.