Monthly Overview of Offshore Banking Units (OBUs)
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: November 30, 2018
Monthly Overview of Offshore Banking Units (OBUs)
Number of OBUs and Total Assets As of October 31, 2018, there were 60 OBUs with total assets of US$203.044 billion, a decrease of US$0.928 billion or 0.5% 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) |
181.944 |
21.100 |
203.044 |
|
% of combined assets |
89.6% |
10.4% |
100.0% |
Uses and Sources of Funds At the end of October, the primary uses of funds of all OBUs were Discounts and loans, which amounted to US$83.562 billion or 41.2% of total assets. The main sources of funds were Vostro account– head office & branches, which amounted to US$86.025 billion or 42.4 % 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 |
83.562 59.012 27.246 22.067 11.157 |
41.2 29.1 13.4 10.9 5.4 |
Vostro account – head office & branches Deposits Other liabilities Due to banks Equity of head office |
86.025 77.239 20.813 15.893 3.074 |
42.4 38.0 10.3 7.8 1.5 |
|
Total |
203.044 |
100.0 |
Total |
203.044 |
100.0 |
Destination and Origin of Funds As of October 31, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:
(%)
|
Region |
Destination |
Origin |
|
Asia |
51 |
64 |
|
America |
31 |
23 |
|
Europe |
10 |
6 |
|
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 October 2018 was US$83.562 billion, the composition of which is as follows:
|
Client |
Duration |
Outstanding Value (USD billions) |
% of |
|
Overseas |
Medium and long-term |
52.629 |
99.2% |
|
Short-term |
30.256 | ||
|
Local |
All terms |
0.677 |
0.8% |
|
Total |
83.562 |
100.0% | |
Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of October is provided below:
(USD billions)
|
Spot |
Forwards |
Swaps |
Total |
|
24.506 |
13.399 |
10.908 |
48.813 |
Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in October 2018 were US$47.948 billion and US$42.585 billion, respectively.
Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in October 2018 was US$26.363 billion as shown in the table below by product category:
(USD billions)
|
Product Category |
Turnover |
|
Options |
12.018 |
|
Futures |
9.163 |
|
Swaps |
4.911 |
|
Margin account trading |
0.179 |
|
Credit derivatives |
0.092 |
|
Total |
26.363 |
Notes: The next release will be made at 16:20 p.m. on December 28, 2018.