Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: June 29, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of May 31, 2018, there were 60 OBUs with total assets of US$203.156 billion, a decrease of US$0.764 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 |
37 |
23 |
60 |
Total assets (USD billions) |
180.860 |
22.296 |
203.156 |
% of combined assets |
89.0% |
11.0% |
100.0% |
Uses and Sources of Funds At the end of May, the primary uses of funds of all OBUs were Discounts and loans, which amounted to US$82.142 billion or 40.4% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$91.062 billion or 44.8% 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 |
82.142 54.752 29.548 27.303 9.411 |
40.4 27.0 14.5 13.4 4.7 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
91.062 76.226 16.989 16.139 2.740 |
44.8 37.5 8.5 7.9 1.3 |
Total |
203.156 |
100.0 |
Total |
203.156 |
100.0 |
Destination and Origin of Funds As of May 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
Region |
Destination |
Origin |
Asia |
54 |
64 |
America |
29 |
23 |
Europe |
10 |
5 |
Other regions |
7 |
8 |
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding discounts and loans made by all OBUs at the end of May 2018 was US$82.142 billion, the composition of which is as follows:
Client |
Duration |
Outstanding Value (USD billions) |
% of |
Overseas |
Medium and long-term |
51.457 |
99.2% |
Short-term |
30.051 | ||
Local |
All terms |
0.634 |
0.8% |
Total |
82.142 |
100.0% |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of May is provided below:
(USD billions)
Spot |
Forwards |
Swaps |
Total |
32.097 |
13.299 |
15.374 |
60.770 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in May 2018 were US$44.530 billion and US$42.991 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in May 2018 was US$36.616 billion as shown in the table below by product category:
(USD billions)
Product Category |
Turnover |
Futures |
17.641 |
Options |
12.572 |
Swaps |
6.168 |
Margin account trading |
0.175 |
Credit derivatives |
0.060 |
Total |
36.616 |
Notes: The next release will be made at 16:20 p.m. on July 31, 2018.