Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: January 26, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of December 31, 2016, there were 62 OBUs with total assets of US$186.025 billion, a decrease of US$7.471 billion or 3.9% 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) |
163.966 |
22.059 |
186.025 |
|
% of combined assets |
88.1% |
11.9% |
100% |
Uses and Sources of Funds At the end of December, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$76.995 billion or 41.4% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$76.490 billion or 41.1% 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 |
76.995 42.863 34.933 19.587 11.647 |
41.4 23.0 18.7 10.5 6.4 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
76.490 72.245 21.183 13.648 2.459 |
41.1 38.8 11.4 7.4 1.3 |
|
Total |
186.025 |
100.0 |
Total |
186.025 |
100.0 |
Destination and Origin of Funds As of December 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
52 |
59 |
|
America |
31 |
30 |
|
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 December 2016 was US$76.995 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
50.898 |
99.5% |
|
Short-term |
25.727 | ||
|
Local |
All terms |
0.370 |
0.5% |
|
Total |
76.995 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of December is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
29.442 |
7.895 |
7.519 |
44.856 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in December 2016 were US$36.181 billion and US$32.263 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in December 2016 was US$14.315 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
10.343 |
|
Swaps |
2.103 |
|
Futures |
1.417 |
|
Margin account trading |
0.422 |
|
Credit derivatives |
0.030 |
|
Total |
14.315 |
___________
Notes: The next release will be made at 16:20 p.m. on February 24, 2017.