Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 28, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of August 31, 2018, there were 60 OBUs with total assets of US$202.496 billion, a decrease of US$2.710 billion or 1.3% 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) |
182.342 |
20.154 |
202.496 |
|
% of combined assets |
90.0% |
10.0% |
100.0% |
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$82.930 billion or 41.0% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$85.457 billion or 42.2 % 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 |
82.930 55.887 28.524 25.486 9.669 |
41.0 27.6 14.1 12.6 4.7 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
85.457 77.808 19.592 16.668 2.971 |
42.2 38.4 9.7 8.2 1.5 |
|
Total |
202.496 |
100.0 |
Total |
202.496 |
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 |
64 |
|
America |
29 |
24 |
|
Europe |
10 |
5 |
|
Other regions |
8 |
7 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding discounts and loans made by all OBUs at the end of August 2018 was US$82.930 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
53.032 |
99.2% |
|
Short-term |
29.251 | ||
|
Local |
All terms |
0.647 |
0.8% |
|
Total |
82.930 |
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 |
|
30.982 |
15.458 |
13.085 |
59.525 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in August 2018 were US$47.054 billion and US$41.813 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in August 2018 was US$28.192 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
15.941 |
|
Futures |
8.274 |
|
Swaps |
3.781 |
|
Margin account trading |
0.137 |
|
Credit derivatives |
0.059 |
|
Total |
28.192 |
Notes: The next release will be made at 16:20 p.m. on October 31, 2018.