Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 31, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of September 30, 2018, there were 60 OBUs with total assets of US$203.972 billion, an increase of US$1.476 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) |
182.658 |
21.314 |
203.972 |
|
% of combined assets |
89.6% |
10.4% |
100.0% |
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$82.994 billion or 40.7% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$85.493 billion or 41.9 % 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 |
82.994 57.958 27.693 22.727 12.600 |
40.7 28.4 13.6 11.1 6.2 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
85.493 77.392 20.115 17.925 3.047 |
41.9 37.9 9.9 8.8 1.5 |
|
Total |
203.972 |
100.0 |
Total |
203.972 |
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 |
51 |
65 |
|
America |
30 |
23 |
|
Europe |
10 |
6 |
|
Other regions |
9 |
6 |
|
Total |
100 |
100 |
Discounts and Loans The total value of all outstanding discounts and loans made by all OBUs at the end of September 2018 was US$82.994 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.497 |
99.2% |
|
Short-term |
29.854 | ||
|
Local |
All terms |
0.643 |
0.8% |
|
Total |
82.994 |
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 |
|
27.811 |
13.874 |
11.148 |
52.833 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in September 2018 were US$50.490 billion and US$48.693 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in September 2018 was US$22.335 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
11.265 |
|
Futures |
8.046 |
|
Swaps |
2.873 |
|
Margin account trading |
0.110 |
|
Credit derivatives |
0.031 |
|
Forward contracts |
0.010 |
|
Total |
22.335 |
Notes: The next release will be made at 16:20 p.m. on November 30, 2018.