Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 30, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2016, there were 63 OBUs with total assets of US$193.536 billion, a decrease of US$0.111 billion or 0.1% 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 |
38 |
25 |
63 |
|
Total assets (USD billions) |
167.272 |
26.264 |
193.536 |
|
% of combined assets |
86.4% |
13.6% |
100% |
Uses and Sources of Funds At the end of August, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.228 billion or 39.9% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$84.816 billion or 43.8% 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 Securities investments Due from banks Nostro account – head office & branches Other assets |
77.228 42.957 40.706 22.214 10.431 |
39.9 22.2 21.1 11.5 5.3 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
84.816 67.974 24.161 14.053 2.532 |
43.8 35.1 12.5 7.3 1.3 |
|
Total |
193.536 |
100.0 |
Total |
193.536 |
100.0 |
Destination and Origin of Funds As of August 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
62 |
|
America |
29 |
27 |
|
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 August 2016 was US$77.228 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.470 |
99.7% |
|
Short-term |
26.506 | ||
|
Local |
All terms |
0.252 |
0.3% |
|
Total |
77.228 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of August is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.832 |
7.204 |
8.086 |
53.122 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2016 were US$35.172 billion and US$33.311 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2016 was US$22.840 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
15.146 |
|
Futures |
5.619 |
|
Swaps |
1.782 |
|
Margin account trading |
0.216 |
|
Credit derivatives |
0.043 |
|
Forward contracts |
0.034 |
|
Total |
22.840 |
___________
Notes: The next release will be made at 16:20 p.m. on October 31, 2016.