Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: August 31, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of July 31, 2016, there were 63 OBUs with total assets of US$193.647 billion, an increase of US$1.208 billion or 0.6% 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) |
165.848 |
27.799 |
193.647 |
|
% of combined assets |
85.6% |
14.4% |
100% |
Uses and Sources of Funds At the end of July, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.151 billion or 39.8% of total assets. The main sources of funds were vostro account– head office & branches, which amounted to US$85.907 billion or 44.4% 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 Securities investments Due from banks Nostro account – head office & branches Other assets |
77.151 41.167 40.209 23.585 11.535 |
39.8 21.3 20.8 12.2 5.9 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
85.907 69.029 21.484 14.876 2.351 |
44.4 35.6 11.0 7.8 1.2 |
|
Total |
193.647 |
100.0 |
Total |
193.647 |
100.0 |
Destination and Origin of Funds As of July 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
55 |
61 |
|
America |
29 |
27 |
|
Europe |
10 |
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 July 2016 was US$77.151 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.393 |
99.5% |
|
Short-term |
26.357 | ||
|
Local |
All terms |
0.401 |
0.5% |
|
Total |
77.151 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of July is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.371 |
7.855 |
7.304 |
52.530 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in July 2016 were US$29.771 billion and US$27.932 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in July 2016 was US$23.720 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
17.737 |
|
Futures |
4.269 |
|
Swaps |
1.078 |
|
Margin account trading |
0.399 |
|
Forward contracts |
0.184 |
|
Credit derivatives |
0.053 |
|
Total |
23.720 |
___________
Notes: The next release will be made at 16:20 p.m. on September 30, 2016.