Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: May 31, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of April 30, 2017, there were 62 OBUs with total assets of US$201.488 billion, an increase of US$0.496 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) |
177.187 |
24.301 |
201.488 |
|
% of combined assets |
87.9% |
12.1% |
100% |
Uses and Sources of Funds At the end of April, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$79.563 billion or 39.5% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$88.357 billion or 43.9% 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 |
79.563 48.460 40.395 24.146 8.924 |
39.5 24.1 20.0 12.0 4.4 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
88.357 73.153 24.253 13.496 2.229 |
43.9 36.3 12.0 6.7 1.1 |
|
Total |
201.488 |
100.0 |
Total |
201.488 |
100.0 |
Destination and Origin of Funds As of April 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
61 |
|
America |
30 |
28 |
|
Europe |
9 |
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 April 2017 was US$79.563 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.168 |
99.0% |
|
Short-term |
26.590 | ||
|
Local |
All terms |
0.805 |
1.0% |
|
Total |
79.563 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of April is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
24.684 |
5.331 |
8.983 |
38.998 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in April 2017 were US$31.305 billion and US$27.925 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in April 2017 was US$17.257 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
9.468 |
|
Futures |
6.297 |
|
Swaps |
1.058 |
|
Margin account trading |
0.325 |
|
Credit derivatives |
0.109 |
|
Total |
17.257 |
___________
Notes: The next release will be made at 16:20 p.m. on June 30, 2017.