Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: June 30, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of May 31, 2016, there were 62 OBUs with total assets of US$190.173 billion, an decrease of US$0.067 billion 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) |
160.848 |
29.325 |
190.173 |
|
% of combined assets |
84.6% |
15.4% |
100% |
Uses and Sources of Funds At the end of May, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.505 billion or 40.8% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$83.531 billion or 43.9% 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 |
77.505 40.288 37.312 23.002 12.066 |
40.8 21.2 19.6 12.1 6.3 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
83.531 67.268 22.994 13.954 2.426 |
43.9 35.4 12.2 7.2 1.3 |
|
Total |
190.173 |
100.0 |
Total |
190.173 |
100.0 |
Destination and Origin of Funds As of May 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
55 |
61 |
|
America |
28 |
27 |
|
Europe |
10 |
5 |
|
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 May 2016 was US$77.505 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.323 |
99.9% |
|
Short-term |
27.083 | ||
|
Local |
All terms |
0.099 |
0.1% |
|
Total |
77.505 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of May is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
42.445 |
6.366 |
8.383 |
57.194 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in May 2016 were US$31.491 billion and US$29.376 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in May 2016 was US$20.309 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
13.502 |
|
Futures |
3.977 |
|
Swaps |
2.331 |
|
Margin account trading |
0.412 |
|
Credit derivatives |
0.057 |
|
Forwards |
0.030 |
|
Total |
20.309 |
___________
Notes: The next release will be made at 16:20 p.m. on July 29, 2016.