Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 31, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 29, 2016, there were 62 OBUs with total assets of US$182.289 billion, an decrease of US$1.292 billion or 0.7% 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) |
156.995 |
25.294 |
182.289 |
|
% of combined assets |
86.1% |
13.9% |
100% |
Uses and Sources of Funds At the end of February , the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$79.021 billion or 43.3% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$76.977 billion or 42.2% 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 Nostro account – head office & branches Other assets |
79.021 35.744 32.933 19.132 15.459 |
43.3 19.6 18.1 10.5 8.5 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
76.977 67.758 20.849 14.767 1.938 |
42.2 37.2 11.4 8.1 1.1 |
|
Total |
182.289 |
100.0 |
Total |
182.289 |
100.0 |
Destination and Origin of Funds As of February 29, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
57 |
59 |
|
America |
27 |
29 |
|
Europe |
9 |
5 |
|
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 February 2016 was US$79.021 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.445 |
99.7% |
|
Short-term |
28.323 | ||
|
Local |
All terms |
0.253 |
0.3% |
|
Total |
79.021 |
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 |
|
40.729 |
9.480 |
9.061 |
59.270 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in January 2016 were US$33.310 billion and US$31.918 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in January 2016 was US$25.653 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
19.075 |
|
Futures |
4.555 |
|
Swaps |
1.376 |
|
Margin account trading |
0.470 |
|
Credit derivatives |
0.170 |
|
Forwards |
0.007 |
|
Total |
25.653 |
___________
Notes: The next release will be made at 16:20 p.m. on April 29, 2016.