2011 3Q Make a better world through the power of finance Shinhan Bank Kazakhstan

Shinhan Bank Overview

Corporate Data Date of Establishment Shinhan Bank (established in 1982) & Chohung Bank (established in 1877) merged to form the New Shinhan Bank on April 1, 2006 Major Shareholder Shinhan Financial Group (100%) Business Network Domestic: 970 branches and offices Overseas: 59 branches & subsidiaries in 14 countries (7 branches, 9 local subsidiaries, 50 local subsidiaries’ branches, 2 rep offices) Number of Customers 20,307,588 Number of Employees 11,151 Shinhan Bank Overview 3 Shareholders Ownership Domestic 38.4% Foreigner 61.6% National Pension Fund7.35 % BNP Paribas6.35% Shareholers Citibank3.72 % SFG ESOP3.58 % Saudi Arabian Monetary Agency3.52 % The Lazard Funds2.05 % The Government of Singapore1.75 % Mizuho1.26 % Abu Dhabi Investment Authority1.18 % ShareholdersOwnership %

Shinhan Bank’s Key Milestones ▼ 1897 Chohung Bank (Merged with Dongil Bank) Hanseung Bank (established) CHB acquired by SFG SFG (established) Shinhan Bank (established) Integrated Shinhan Bank (Merger of SHB & CHB) IT Integration ▼ 1943 ▼ 2003 ▼ ▼ ▼ 1982 ▼ 2001 Corporate Profile Shinhan Bank is the flagship company of Shinhan Financial Group · Market Capitalization : KRW 20.1 trillion ( ≒ USD 18 billion) · The Banker ‘Top 1000 World Banks’ ranking: 78 th · The Banker ‘Top 500 Banking Brands’ ranking: 57 th Rating AgencyF/C LT Debt Rating MOODY’SA1 (Stable) S&PA (Stable) FITCH RATINGSA (Stable) Nation-wide Franchise Networks Shinhan Bank Overview (cont’d) 4 Note: S&P revised Long Term Debt to ‘A’ from ‘A-’ in Dec (Сентябрь, 2011) 1,018 Branches and offices in South Korea - 56 Overseas South Korea USA Japan Great Britain Germany Hong Kong China Canada India Singapore etc

2011 Business Results Highlights ,433 1,891 2,118 Note: IFRS Standard 1Q114Q102Q113Q114Q Note: Cumulative basis, IFRS Standard Loan Growth LDR Deposit Growth Q Q Q Q Q NPL Ratio Delinquency Ratio BIS Tier (e) Note: Figs. Before 2010 K-GAAP, from 2010 IFRS Standard Net Income (KRW bn) Net Interest Margin (%) Credit Cost Ratio (%, KRW bn) Loan & Deposits (%) NPL / Delinquency Ratio (%) Capital Adequacy (%) Note: Figs. For K-GAAP, from 2010 IFRS Standard The financial information contained herein has not been completely audited by our external auditor. Therefore, no assurance is provided that our financial statements are fully accurate, and thus our final audited statements may differ from the provided figures in this presentation (* in USD mio) (*649) (*1,448) (*1,836) (*750) (*1,076) (*1,030) (*594) (* in USD mio) 5

Peer Comparison (2011) Note: K-IFRS Standards Note: K-IFRS Standards, Consolidated All Source: Shinhan Bank, Company reports, and FSS; as of 4Q 2011, on 4Q 2011 cumulative basis Total Assets (KRW trn) Net Income (KRW bn) NPL Ratio (%) Capital Adequacy (%) Tier 1 Tier BIS The financial information contained herein has not been completely audited by our external auditor. Therefore, no assurance is provided that our financial statements are fully accurate, and thus our final audited statements may differ from the provided figures in this presentation. (* in USD bio) (*219) (* in USD mio) (*240) (*225) (*145) (*1,836) (*1,794) (*1,051) (*1,775) 6

Shinhan Financial Group at a Glance Securities 100% National Pension Service 68.9%100% 7.35% Shinhan Bank (USD 219 bio) Shinhan Card (USD 19 bio) Shinhan Life Insurance (USD 12 bio) Jeju Bank (USD 3 bio) Shinhan Capital (USD 3 bio) Shinhan Investment (USD10 bio) Shinhan PE Shinhan BNPP AM (USD 17 bio) Shinhan Credit Information 100% 65%100% BankConsumer FinanceInsurance Asset Management Others Group Structure Shinhan Bank Contribution to SFG Key Financials Note: NPS became the largest shareholder in September 2011 The financial information contained herein has not been completely audited by our external auditor. Therefore, no assurance is provided that our financial statements are fully accurate, and thus our final audited statements may differ from the provided figures in this presentation. By AssetsBy Net Income (FY2011) Note: Shinhan Bank, as of 4Q 2011 SFG Total Assets KRW 332trn SFG Net Income KRW3.3trn Note: Shinhan Financial Group, as of 4Q 2011 Shinhan Data System 100% 7 Shinhan Savings Bank 100% Note: Incorporated in Jan. 2012

Shinhan Bank Kazakhstan

Jan 2008 CCSFMFO of RK gave an authorizati on to Shinhan Bank to open subsidi ary bank in RK Nov 2008 License from NBRK to execute bank operations Dec 2008 Member of compulsory system of de posit guarantee 9 Shinhan Bank’s Key Milestones Shinhan Bank Kazakhstan timeline Stakeholders, Customers & Partners  Shinhan Bank (Seoul, South Korea) is the only stakeholder of Shinhan Bank Kazakhstan  Current portfolio of Shinhan Bank Kazakhstan consists of corporate (80%) and individual (20%) customers  Present customers of the bank are : Posuk Titanium (Posco), Korean Construction Company, Samsung Engineering, Hyundai Commercial Center Kazakhstan, High Vill Kazakhstan etc.  Shinhan Bank Kazakhstan is having partnership with Kazakhstan Bank as Kazkommerts Bank, Halyk Bank, Bank Center Credit, Caspi Bank, ATF etc.  Shinhan Bank (Seoul, South Korea) is the only stakeholder of Shinhan Bank Kazakhstan  Current portfolio of Shinhan Bank Kazakhstan consists of corporate (80%) and individual (20%) customers  Present customers of the bank are : Posuk Titanium (Posco), Korean Construction Company, Samsung Engineering, Hyundai Commercial Center Kazakhstan, High Vill Kazakhstan etc.  Shinhan Bank Kazakhstan is having partnership with Kazakhstan Bank as Kazkommerts Bank, Halyk Bank, Bank Center Credit, Caspi Bank, ATF etc. Product & Services  Loans & Guarantees  Deposits & Safe deposit boxes  Trade Finance  Investment banking  Internet banking  Loans & Guarantees  Deposits & Safe deposit boxes  Trade Finance  Investment banking  Internet banking

10 Shinhan Bank Kazakhstan Assets (mln tenge) Net income (mln tenge) Equity (mln tenge) Loans (mln tenge) 10

S.G.I.F (Shinhan Global Infra Fund) overview

Overview S.G.I.F. is a private fund that raised funds up to 360 mio USD from government and private sectors with a purpose to support perspective infrastructure project overseas. Assistance 5 Period 2 Asset management 4 Sphere 3 Amount mio USD 【 Blind Fund, Capital Call System 】 15 years 【 Investment period - 8 years, repayment - 7 years 】 Investment capital for overseas infra projects Shinhan BNP Paribas asset management Korea Investment Trust Management Shinhan Bank Projects InfrastructureResources Overseas infrastructure development ▪ Roads ▪ Factories ▪ Airports ▪ Dams ▪ Railways Affiliate development ▪ Housing ▪ Industry ▪ Urban development ▪ Oil deposits ▪ Transport system ▪ Mineral development S.G.I.F. overview

13 S.G.I.F. overview Structure Terms LOANS ECA Secured loans ECA Unsecured loans ECA 70% 30% Subordinated credit Equity ECA, MDB(*) Global Banks, SHB GIF, Project Fund, Other Equity Investors Sponsor, GIF, Other Equity Investors

Shinhan Bank Kazakhstan Republic of Kazakhstan Almaty city Dostyk ave. 123/7 Phone : +7 (727) Fax : +7 (727)