Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: March 31, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of February 28, 2017, there were 62 OBUs with total assets of US$195.104 billion, an increase of US$3.891 billion or 2.0% 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) |
171.380 |
23.724 |
195.104 |
|
% of combined assets |
87.8% |
12.2% |
100% |
Uses and Sources of Funds At the end of February, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$78.496 billion or 40.2% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$85.466 billion or 43.8% 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 |
78.496 46.654 39.630 21.049 9.275 |
40.2 23.9 20.3 10.8 4.8 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
85.466 69.712 24.526 13.516 1.884 |
43.8 35.7 12.6 6.9 1.0 |
|
Total |
195.104 |
100.0 |
Total |
195.104 |
100.0 |
Destination and Origin of Funds As of February 28, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
62 |
|
America |
30 |
27 |
|
Europe |
10 |
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 February 2017 was US$78.496 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
51.945 |
99.4% |
|
Short-term |
26.067 | ||
|
Local |
All terms |
0.484 |
0.6% |
|
Total |
78.496 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of February is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
33.959 |
7.240 |
9.368 |
50.567 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in February 2017 were US$45.099 billion and US$37.345 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in February 2017 was US$16.597 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
10.903 |
|
Futures |
4.147 |
|
Swaps |
1.184 |
|
Margin account trading |
0.273 |
|
Credit derivatives |
0.090 |
|
Total |
16.597 |
___________
Notes: The next release will be made at 16:20 p.m. on April 28, 2017.