Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 31, 2017
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of September 30, 2017, there were 61 OBUs with total assets of US$196.318 billion, a decrease of US$0.827 billion or 0.4% 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) |
173.735 |
22.583 |
196.318 |
|
% of combined assets |
88.5% |
11.5% |
100% |
Uses and Sources of Funds At the end of September, the primary uses of funds of all OBUs were Discounts and loans, which amounted to US$80.879 billion or 41.2% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$88.522 billion or 45.1% 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 |
80.879 51.737 28.314 24.917 10.471 |
41.2 26.4 14.3 12.7 5.4 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
88.522 75.449 15.420 13.921 3.006 |
45.1 38.4 8.0 7.0 1.5 |
|
Total |
196.318 |
100.0 |
Total |
196.318 |
100.0 |
Destination and Origin of Funds As of September 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
53 |
64 |
|
America |
31 |
24 |
|
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 September 2017 was US$80.879 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.364 |
99.0% |
|
Short-term |
27.677 | ||
|
Local |
All terms |
0.838 |
1.0% |
|
Total |
80.879 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of September is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
33.167 |
6.907 |
10.453 |
50.527 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in September 2017 were US$40.644 billion and US$38.079 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in September 2017 was US$28.447 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Futures |
13.145 |
|
Options |
11.692 |
|
Swaps |
3.172 |
|
Margin account trading |
0.332 |
|
Credit derivatives |
0.095 |
|
Forward contracts |
0.011 |
|
Total |
28.447 |
___________
Notes: The next release will be made at 16:20 p.m. on November 30, 2017.