Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 29, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of March 31, 2016, there were 62 OBUs with total assets of US$188.029 billion, an increase of US$5.740 billion or 3.1% 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) |
158.985 |
29.044 |
188.029 |
|
% of combined assets |
84.6% |
15.4% |
100% |
Uses and Sources of Funds At the end of March, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$78.256 billion or 41.6% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$81.404 billion or 43.3% of total liabilities. The uses and sources of funds are summarized as follows:
|
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 |
78.256 38.736 35.054 22.221 13.762 |
41.6 20.6 18.6 11.8 7.4 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
81.404 67.701 23.375 13.378 2.171 |
43.3 36.0 12.5 7.0 1.2 |
|
Total |
188.029 |
100.0 |
Total |
188.029 |
100.0 |
Destination and Origin of Funds As of March 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
57 |
61 |
|
America |
27 |
28 |
|
Europe |
10 |
5 |
|
Other regions |
6 |
6 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of March 2016 was US$78.256 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.502 |
99.7% |
|
Short-term |
27.494 | ||
|
Local |
All terms |
0.260 |
0.3% |
|
Total |
78.256 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of March is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
49.253 |
8.583 |
8.794 |
66.630 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in March 2016 were US$37.280 billion and US$34.888 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in March 2016 was US$27.061 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
18.620 |
|
Futures |
4.123 |
|
Swaps |
3.695 |
|
Margin account trading |
0.431 |
|
Credit derivatives |
0.171 |
|
Forwards |
0.021 |
|
Total |
27.061 |
___________
Notes: The next release will be made at 16:20 p.m. on May 31, 2016.