Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 31, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of September 30, 2016, there were 63 OBUs with total assets of US$195.143 billion, an increase of US$1.607 billion or 0.8% 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) |
167.917 |
27.226 |
195.143 |
|
% of combined assets |
86.0% |
14.0% |
100% |
Uses and Sources of Funds At the end of September, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.160 billion or 39.5% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$83.244 billion or 42.7% 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 |
77.160 43.299 40.026 23.890 10.768 |
39.5 22.2 20.5 12.2 5.6 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
83.244 71.389 24.381 13.493 2.636 |
42.7 36.6 12.5 6.8 1.4 |
|
Total |
195.143 |
100.0 |
Total |
195.143 |
100.0 |
Destination and Origin of Funds As of September 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
61 |
|
America |
29 |
28 |
|
Europe |
10 |
4 |
|
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 September 2016 was US$77.160 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.357 |
99.7% |
|
Short-term |
26.581 | ||
|
Local |
All terms |
0.222 |
0.3% |
|
Total |
77.160 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of September is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
29.696 |
6.625 |
10.637 |
46.958 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in September 2016 were US$33.976 billion and US$30.350 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in September 2016 was US$25.059 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
14.461 |
|
Swaps |
5.575 |
|
Futures |
4.675 |
|
Margin account trading |
0.297 |
|
Forward contracts |
0.038 |
|
Credit derivatives |
0.013 |
|
Total |
25.059 |
___________
Notes: The next release will be made at 16:20 p.m. on November 30, 2016.