Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: December 30, 2016
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of November 30, 2016, there were 62 OBUs with total assets of US$193.496 billion, a decrease of US$0.294 billion or 0.2% 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 |
24 |
62 |
|
Total assets (USD billions) |
166.140 |
27.356 |
193.496 |
|
% of combined assets |
85.9% |
14.1% |
100% |
Uses and Sources of Funds At the end of November, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.618 billion or 40.1% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$81.017 billion or 41.9% 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 |
77.618 43.242 37.592 24.868 10.176 |
40.1 22.3 19.4 12.9 5.3 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
81.017 70.677 25.521 13.672 2.609 |
41.9 36.5 13.2 7.1 1.3 |
|
Total |
193.496 |
100.0 |
Total |
193.496 |
100.0 |
Destination and Origin of Funds As of November 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 November 2016 was US$77.618 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.945 |
99.5% |
|
Short-term |
26.307 | ||
|
Local |
All terms |
0.366 |
0.5% |
|
Total |
77.618 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of November is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
43.437 |
14.990 |
12.240 |
70.667 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in November 2016 were US$35.483 billion and US$33.012 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in November 2016 was US$26.229 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
18.357 |
|
Swaps |
4.150 |
|
Futures |
3.236 |
|
Margin account trading |
0.451 |
|
Credit derivatives |
0.035 |
|
Total |
26.229 |
___________
Notes: The next release will be made at 16:20 p.m. on January 26, 2017.