Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: August 31, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of July 31, 2018, there were 60 OBUs with total assets of US$205.206 billion, an increase of US$0.621 billion or 0.3% 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) |
183.390 |
21.816 |
205.206 |
|
% of combined assets |
89.4% |
10.6% |
100.0% |
Uses and Sources of Funds At the end of July, the primary uses of funds of all OBUs were Discounts and loans, which amounted to US$82.948 billion or 40.4% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$90.775 billion or 44.2 % 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 |
82.948 55.488 31.713 25.937 9.120 |
40.4 27.0 15.5 12.6 4.5 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
90.775 76.175 18.228 17.248 2.780 |
44.2 37.1 8.9 8.4 1.4 |
|
Total |
205.206 |
100.0 |
Total |
205.206 |
100.0 |
Destination and Origin of Funds As of July 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
54 |
65 |
|
America |
29 |
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 July 2018 was US$82.948 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.456 |
99.3% |
|
Short-term |
29.936 | ||
|
Local |
All terms |
0.556 |
0.7% |
|
Total |
82.948 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of July is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
37.420 |
15.885 |
11.280 |
64.585 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in July 2018 were US$42.573 billion and US$36.187 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in July 2018 was US$22.028 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
11.834 |
|
Futures |
7.614 |
|
Swaps |
2.293 |
|
Margin account trading |
0.165 |
|
Credit derivatives |
0.122 |
|
Total |
22.028 |
Notes: The next release will be made at 16:20 p.m. on September 28, 2018.