Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: February 24, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of January 31, 2017, there were 62 OBUs with total assets of US$191.213 billion, an increase of US$5.188 billion or 2.8% 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 |
24 |
62 |
|
Total assets (USD billions) |
167.569 |
23.644 |
191.213 |
|
% of combined assets |
87.6% |
12.4% |
100% |
Uses and Sources of Funds At the end of January, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$77.549 billion or 40.6% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$82.417 billion or 43.1% 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 |
77.549 44.915 38.427 20.409 9.913 |
40.6 23.5 20.0 10.7 5.2 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
82.417 69.734 23.909 13.512 1.641 |
43.1 36.5 12.4 7.1 0.9 |
|
Total |
191.213 |
100.0 |
Total |
191.213 |
100.0 |
Destination and Origin of Funds As of January 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
53 |
61 |
|
America |
29 |
28 |
|
Europe |
10 |
4 |
|
Other regions |
8 |
7 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of January 2017 was US$77.549 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
51.061 |
99.5% |
|
Short-term |
26.078 | ||
|
Local |
All terms |
0.410 |
0.5% |
|
Total |
77.549 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of January is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
32.015 |
9.695 |
10.099 |
51.809 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in January 2017 were US$33.561 billion and US$32.093 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in January 2017 was US$17.529 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
12.662 |
|
Futures |
2.830 |
|
Swaps |
1.643 |
|
Margin account trading |
0.344 |
|
Credit derivatives |
0.050 |
|
Total |
17.529 |
___________
Notes: The next release will be made at 16:20 p.m. on March 31, 2017.