Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: July 31, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of June 30, 2018, there were 60 OBUs with total assets of US$204.585 billion, an increase of US$1.429 billion or 0.7% 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) |
181.174 |
23.411 |
204.585 |
% of combined assets |
88.6% |
11.4% |
100.0% |
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$82.455 billion or 40.3% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$90.097 billion or 44.0 % 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 |
82.455 54.634 30.004 25.331 12.161 |
40.3 26.7 14.7 12.4 5.9 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
90.097 75.299 18.497 17.785 2.907 |
44.0 36.8 9.1 8.7 1.4 |
Total |
204.585 |
100.0 |
Total |
204.585 |
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 |
53 |
65 |
America |
30 |
23 |
Europe |
10 |
5 |
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 June 2018 was US$82.455 billion, the composition of which is as follows:
Client |
Duration |
Outstanding Value (USD billions) |
% of |
Overseas |
Medium and long-term |
51.892 |
99.1% |
Short-term |
29.818 | ||
Local |
All terms |
0.745 |
0.9% |
Total |
82.455 |
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 |
31.420 |
14.179 |
12.104 |
57.703 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in June 2018 were US$45.141 billion and US$39.909 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in June 2018 was US$32.285 billion as shown in the table below by product category:
(USD billions)
Product Category |
Turnover |
Futures |
13.886 |
Options |
12.823 |
Swaps |
5.265 |
Margin account trading |
0.157 |
Credit derivatives |
0.137 |
Forward contracts |
0.017 |
Total |
32.285 |
Notes: The next release will be made at 16:20 p.m. on August 31, 2018.