Central Bank of the Republic of China (Taiwan) : Monthly Overview of Offshore Banking Units (OBUs)

January 07, 2013 at 03:03 pm IST

MarketScreener.com By

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE Release Date: January 7, 2013

http://www.cbc.gov.tw>

Number of OBUs and Total Assets As of November 30, 2012, there were 62 OBUs with total assets of US$164.327 billion, an increase of US$19.095 billion or 13.1% year on year. 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	25	62
Total assets (USD billions)	134.033	30.294	164.327
% of combined assets	81.6%	18.4%	100.0%

Uses and Sources of Funds At the end of November, the primary uses of funds of all OBUs were loans, which accounted for 41.3% of total assets. The main sources of funds were due to banks and vostro account- head office & branches, which together accounted for 57.8% of total liabilities. The uses and sources of funds are summarized as follows:

Destination and Origin of Funds As of November 30, Asia was the main destination and origin of funds. The following table provides a geographical breakdown:

(%)

Region	Destination	Origin
Asia	63	71
America	25	19
Europe	9	8
Other regions	3	2
Total	100	100

Loans The total value of all outstanding loans made by all OBUs at the end of November 2012 was US$67.906 billion, the composition of which is as follows:

Client Location	Duration	Outstanding Value (USD billions)	% of Total Loans
Overseas	Medium and long-term	40.887	100.00%
Overseas	Short-term	27.019	100.00%
Local	All terms	0.000	0.00%
Total		67.906	100.00%

Turnover of Foreign Exchange Trading The data on the turnover of foreign exchange trading by all OBUs for the month of November is provided below:

(USD billions)

Spot	Forwards	Swaps	Total
17.907	7.908	10.311	36.126

Volume of Export and Import Related Business The volume of export and import related banking business of all OBUs in November 2012 were US$32.065 billion and US$27.555 billion, respectively.

Turnover of Derivative Products Trading The turnover of derivative products trading by all OBUs in November 2012 was US$36.236 billion as shown in the table below by product category:

(USD billions)