Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: July 29, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of June 30, 2016, there were 63 OBUs with total assets of US$192.439 billion, an increase of US$2.266 billion or 1.2% 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 |
38 |
25 |
63 |
|
Total assets (USD billions) |
163.244 |
29.195 |
192.439 |
|
% of combined assets |
84.8% |
15.2% |
100% |
Uses and Sources of Funds At the end of June, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$78.055 billion or 40.6% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$83.800 billion or 43.5% 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 |
78.055 40.457 38.143 23.694 12.090 |
40.6 21.0 19.8 12.3 6.3 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
83.800 69.179 22.841 14.354 2.265 |
43.5 35.9 11.9 7.5 1.2 |
|
Total |
192.439 |
100.0 |
Total |
192.439 |
100.0 |
Destination and Origin of Funds As of June 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
55 |
61 |
|
America |
28 |
28 |
|
Europe |
10 |
5 |
|
Other regions |
7 |
6 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of June 2016 was US$78.055 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.707 |
99.7% |
|
Short-term |
27.096 | ||
|
Local |
All terms |
0.252 |
0.3% |
|
Total |
78.055 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of June is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.724 |
7.292 |
8.021 |
53.037 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in June 2016 were US$38.147 billion and US$34.355 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in June 2016 was US$27.288 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
16.572 |
|
Futures |
6.163 |
|
Swaps |
4.008 |
|
Margin account trading |
0.444 |
|
Credit derivatives |
0.058 |
|
Forwards |
0.043 |
|
Total |
27.288 |
___________
Notes: The next release will be made at 16:20 p.m. on August 31, 2016.