Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: July 31, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of June 30, 2017, there were 62 OBUs with total assets of US$202.042 billion, an increase of US$0.473 billion 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) |
179.759 |
22.283 |
202.042 |
|
% of combined assets |
89.0% |
11.0% |
100% |
Uses and Sources of Funds At the end of June, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$79.884 billion or 39.5% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$90.474 billion or 44.8% 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 |
79.884 49.905 38.977 23.735 9.541 |
39.5 24.7 19.2 11.7 4.9 |
Vostro account – head office & branches Deposits Due to banks Other liabilities Equity of head office |
90.474 73.941 20.542 14.582 2.503 |
44.8 36.6 10.2 7.2 1.2 |
|
Total |
202.042 |
100.0 |
Total |
202.042 |
100.0 |
Destination and Origin of Funds As of June 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
63 |
|
America |
30 |
27 |
|
Europe |
10 |
4 |
|
Other regions |
6 |
6 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding Discounts and Loans made by all OBUs at the end of June 2017 was US$79.884 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
51.951 |
99.1% |
|
Short-term |
27.242 | ||
|
Local |
All terms |
0.691 |
0.9% |
|
Total |
79.884 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of June is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
36.576 |
6.375 |
11.965 |
54.916 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in June 2017 were US$41.105 billion and US$40.342 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in June 2017 was US$28.831 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Futures |
14.605 |
|
Options |
11.726 |
|
Swaps |
2.038 |
|
Margin account trading |
0.293 |
|
Credit derivatives |
0.155 |
|
Forward contracts |
0.014 |
|
Total |
28.831 |
___________
Notes: The next release will be made at 16:20 p.m. on August 31, 2017.