Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 1, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of January 31, 2016, there were 62 OBUs with total assets of US$183.581 billion, an increase of US$1.657 billion or 0.9% 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) |
159.656 |
23.925 |
183.581 |
|
% of combined assets |
87% |
13% |
100% |
Uses and Sources of Funds At the end of January, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$80.115 billion or 43.6% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$73.516 billion or 40% of total liabilities. The uses and sources of funds are summarized as follows:
(USD billions, % of total assets/liabilities)
|
Uses of Funds |
Sources of Funds | ||||
|
Item |
Amount |
% |
Item |
Amount |
% |
|
Discounts and Loans Due from banks Securities investments Other assets Nostro account – head office & branches |
80.115 35.058 31.312 18.829 18.267 |
43.6 19.1 17.1 10.2 10.0 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
73.516 65.553 24.251 18.509 1.752 |
40.0 35.7 13.3 10.0 1.0 |
|
Total |
183.581 |
100.0 |
Total |
183.581 |
100.0 |
Destination and Origin of Funds As of January 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
57 |
59 |
|
America |
27 |
28 |
|
Europe |
9 |
6 |
|
Other regions |
7 |
7 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of January 2016 was US$80.115 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.963 |
99.8% |
|
Short-term |
28.992 | ||
|
Local |
All terms |
0.160 |
0.2% |
|
Total |
80.115 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of January is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
58.556 |
11.574 |
11.007 |
81.137 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in January 2016 were US$37.656 billion and US$35.056 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in January 2016 was US$50.480 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
36.628 |
|
Futures |
9.046 |
|
Swaps |
3.580 |
|
Margin account trading |
1.023 |
|
Credit derivatives |
0.199 |
|
Forwards |
0.004 |
|
Total |
50.480 |
___________
Notes: The next release will be made at 16:20 p.m. on March 31, 2016.