Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: November 30, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of October 31, 2016, there were 62 OBUs with total assets of US$193.790 billion, a decrease of US$1.353 billion or 0.7% 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 |
24 |
62 |
|
Total assets (USD billions) |
167.902 |
25.888 |
193.790 |
|
% of combined assets |
86.6% |
13.4% |
100% |
Uses and Sources of Funds At the end of October, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.065 billion or 39.8% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$85.200 billion or 44.0% 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 |
77.065 44.018 39.674 22.968 10.065 |
39.8 22.7 20.4 11.9 5.2 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
85.200 70.386 21.824 13.689 2.691 |
44.0 36.3 11.2 7.1 1.4 |
|
Total |
193.790 |
100.0 |
Total |
193.790 |
100.0 |
Destination and Origin of Funds As of October 31, 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 |
11 |
4 |
|
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 October 2016 was US$77.065 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.589 |
99.6% |
|
Short-term |
26.188 | ||
|
Local |
All terms |
0.288 |
0.4% |
|
Total |
77.065 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of October is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
29.233 |
6.421 |
7.595 |
43.249 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in October 2016 were US$28.027 billion and US$26.775 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in October 2016 was US$21.721 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
16.237 |
|
Futures |
2.819 |
|
Swaps |
2.409 |
|
Margin account trading |
0.249 |
|
Credit derivatives |
0.007 |
|
Total |
21.721 |
___________
Notes: The next release will be made at 16:20 p.m. on December 30, 2016.