Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 28, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of March 31, 2017, there were 62 OBUs with total assets of US$200.992 billion, an increase of US$5.888 billion or 3.0% 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) |
177.366 |
23.626 |
200.992 |
|
% of combined assets |
88.2% |
11.8% |
100% |
Uses and Sources of Funds At the end of March, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$79.429 billion or 39.5% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$87.893 billion or 43.7% 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 |
79.429 48.712 41.646 21.813 9.392 |
39.5 24.2 20.7 10.9 4.7 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
87.893 71.388 25.801 13.846 2.064 |
43.7 35.5 12.8 7.0 1.0 |
|
Total |
200.992 |
100.0 |
Total |
200.992 |
100.0 |
Destination and Origin of Funds As of March 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
53 |
62 |
|
America |
30 |
27 |
|
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 March 2017 was US$79.429 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
51.819 |
99.0% |
|
Short-term |
26.827 | ||
|
Local |
All terms |
0.783 |
1.0% |
|
Total |
79.429 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of March is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.166 |
9.913 |
12.854 |
59.933 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in March 2017 were US$39.034 billion and US$37.689 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in March 2017 was US$29.033 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
15.816 |
|
Futures |
9.763 |
|
Swaps |
2.942 |
|
Margin account trading |
0.390 |
|
Credit derivatives |
0.108 |
|
Forward contracts |
0.014 |
|
Total |
29.033 |
___________
Notes: The next release will be made at 16:20 p.m. on May 31, 2017.