Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 30, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2017, there were 61 OBUs with total assets of US$197.145 billion, an increase of US$3.992 billion or 2.1% 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 |
23 |
61 |
|
Total assets (USD billions) |
173.901 |
23.244 |
197.145 |
|
% of combined assets |
88.2% |
11.8% |
100% |
Uses and Sources of Funds At the end of August, the primary uses of funds of all OBUs were Discounts and Loans, which amounted to US$81.066 billion or 41.1% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$91.811 billion or 46.6% 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 |
81.066 51.149 30.316 24.618 9.996 |
41.1 25.9 15.4 12.5 5.1 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
91.811 74.258 14.187 14.080 2.809 |
46.6 37.7 7.2 7.1 1.4 |
|
Total |
197.145 |
100.0 |
Total |
197.145 |
100.0 |
Destination and Origin of Funds As of August 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
53 |
65 |
|
America |
31 |
23 |
|
Europe |
10 |
4 |
|
Other regions |
6 |
8 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding discounts and loans made by all OBUs at the end of August 2017 was US$81.066 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.144 |
98.4% |
|
Short-term |
27.639 | ||
|
Local |
All terms |
1.283 |
1.6% |
|
Total |
81.066 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of August is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
30.231 |
5.045 |
10.582 |
45.858 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2017 were US$38.720 billion and US$37.288 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2017 was US$28.810 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Futures |
16.231 |
|
Options |
11.509 |
|
Swaps |
0.549 |
|
Margin account trading |
0.469 |
|
Credit derivatives |
0.052 |
|
Total |
28.810 |
___________
Notes: The next release will be made at 16:20 p.m. on October 31, 2017.