2. Table of Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
4. Capital Adequacy Ratio
5. Major Financial Figures

3. Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
Highlight of Key Accounts
Details in Assets by Subsidiary
Loan Growth
2. P/L Highlight
3. Asset Quality
4. Capital Adequacy Ratio
5. Major Financial Figures

4. 1. B/S – Highlight of Key Accounts
(KRW bn)
2001
1Q 02
2Q 02
3Q 02
Amt Chg
YTD
Total Asset
Bank Only
62,017.5
66,774.6
64,924.7
67,208.9
5,191.4
8.4%
SFG 1)
65,568.7
71,132.1
74,308.4
77,058.1
11,489.4
17.5%
Total Deposit
Bank Only
42,494.0
45,463.5
45,205.9
45,297.7
2,803.7
6.6%
SFG
42,666.8
45,482.0
46,973.3
47,173.0
4,506.2
10.6%
Total Loan
Bank Only
34,409.9
39,118.6
37,613.3
39,338.2
4,928.3
14.3%
SFG
35,045.6
39,588.6
41,401.4
43,174.7
8,129.1
23.2%
Total Securities
Bank Only
19,568.7
19,819.3
19,018.3
19,291.0
-277.7
-1.4%
SFG
19,284.8
19,627.5
19,335.5
19,572.5
287.7
1.5%
Footnote 1): includes Asset Under Management (AUM )of Shinhan Investment Trust Management

5. 1. B/S – Details in Assets by Subsidiary
(KRW bn)
2001
1Q 02
2Q 02
3Q 02
Amt Chg
YTD
총자산
총자산
SHB
62,017.5
66,774.6
64,924.7
67,208.9
5,191.4
8.4%
B/A
53,356.0
57,054.7
54,976.6
57,289.7
3,933.7
7.4%
T/A
9,422.8
10,500.0
10,247.1
10,036.7
614.0
6.5%
GMSH
631.4
623.2
1,895.7
1,503.7
872.3
n.a
SHCard
2,230.6
2,078.0
2,078.0
n.a
SHC
855.5
857.7
830.2
865.5
10.0
1.2%
SHITM
45.2
46.2
44.6
45.6
0.4
0.9%
AuM
2,784.9
3,565.6
3,513.8
4,108.4
1,323.5
47.5%
Jeju Bank
1,588.9
1,695.2
1,695.2
n.a
(Intra Transac.)
(765.8)
(735.1)
(720.2)
(447.1)
(-318.7)
(-41.6%)
Total
65,568.7
71,132.2
74,308.4
77,058.1
11,489.4
17.5%

6. 1. B/S - Loan Growth 2001 Amount Change 3Q2002 YTD Portfolio In % 1Q
(KRW bn)
2001
Amount Change
3Q2002
YTD
Portfolio
In % 1Q 2Q 3Q
Consumer
10,772.9
2,710.7
1,056.1
884.1
15,423.8
43.2%
49.5%
Home Equity
6,940.2
2,156.1
572.9
47.9%
597.6
10,266.8
33.0%
Others
3,832.7
554.6
483.2
34.6%
286.5
5,157.0
16.6%
SMEs
10,618.9
934.5
590.6
-24.1
12,119.9
14.1%
38.9%
Large Corps.
2,937.5
1,038.6
-562.3
89.7
3,503.5
19.3%
11.2%
Public & Others
93.0
5.2
7.7
1.3
107.2
15.3%
0.3%
Total Loans
24,422.3
4,689.0
1,092.1
951.0
31,154.4
27.6%
100.0%
Footnote: Bank Account Loan in Korean Won

7. Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
Income by Individual Subsidiaries
SFG Net Profit
Interest Income vs. Non-interest Income
Non-interest Income Summary
NIS and NIM
3. Asset Quality
4. Capital Adequacy Ratio
5. Major Financial Figures

8. 2. P&L - Income By Individual Subsidiaries
(KRW bn)
1Q 02
2Q 02
3Q 02
Total
3Q2001
YoY
총자산
Pre-Provision Income
Bank
312.6
265.7
245.0
823.3
809.4
5.7%
Card
5.6
26.8
32.4
Securities
8.5
2.0
1.6
12.1
23.8
-49.2%
Capital
8.7
8.8
7.0
24.5
26.5
-7.5%
ITMC
1.2
2.0
1.8
5.0
2.7
85.2%
Jeju
6.6
5.5
12.1
Total
331.0
290.7
287.7
909.4
862.4
5.4%
Loan Loss Provision
Bank
46.0
83.8
38.3
168.1
397.2
-57.7%
Other Companies
2.0
8.2
38.0
48.2
22.8
111.4%
Total
47.9
92.0
76.4
216.3
420.0
-48.5%
Net Profit
Bank
180.6
125.4
138.8
444.8
270.8
65.6%
Card
3.9
-0.2
3.7
Securities
6.3
1.4
-6.6
1.2
13.4
-91.8%
Capital
3.8
2.2
0.8
6.8
3.8
78.9%
ITMC
0.8
1.3
1.2
3.3
2.6
26.9%
Jeju
2.7
1.3
4.0
Total
191.5
136.9
135.3
463.8
290.6
59.6%

9. 2. P&L - SFG Net Profit Net Profit Goodwill Provision Adjustment
Operating
Expense
Total
(KRW bn)
Bank
444.8
444.8
Securities
1.2
(4.4)
(1.5)
(4.7)
Card
3.7
3.7
Capital
6.8
5.6
12.4
ITMC
3.3
3.3
Jeju Bank
4.0
0.4
2.1
6.5
e Shinhan
(0.6)
(0.6)
Shinhan Macquarie
(0.1)
(0.1)
Credit Information
(0.3)
(0.3)
SFG
(30.4)*
(30.4)
434.6
Total
462.7
(4.0)
6.2
(30.4)
* Interest income 2.4, G&A expenses 15.6, Deffered income tax credits 17.2

10. 2. P&L - Interest Income vs Non-Interest Income
1Q 02
2Q 02
3Q 02
Total
3Q01
YoY
(KRW bn)
Bank
Interest Income
261.9
302.0
316.4
880.3
761.9
15.5%
Non-Interest Income
200.2
80.3
74.8
355.3
419.3
-15.3%
※ Including Shinhan Card
98.0
134.5
432.7
3.2%
SFG
Interest Income
269.2
310.1
309.9
889.2
790.3
12.5%
Non-Interest Income
241.2
130.6
180.2
552.0
509.7
8.3%

11. 2. P&L - Non-Interest Income Summary (Shinhan Bank)
1Q 02
2Q 02
3Q 02
Total
3Q 01
YoY
(KRW bn)
총자산
총자산
Fees & Commissions
101.9
93.3
69.2
254.4
281.4
-9.6%
Credit Card Income
86.3
68.1
29.9
184.3
216.2
-14.8%
※ Including Shinhan Card1)
85.8
89.6
261.7
21.0%
Fees on Trust Account
39.9
25.2
32.1
97.2
92.2
5.4%
Securities related Income
42.1
-67.0
-27.6
-52.5
-6.6
n.a
※ Excluding disposition loss of Hynix2)
-4.5
10.0
n.a
18.6
35.3
14.6
68.5
79.3
-13.6%
Income on FC Transaction
Others
-2.3
-6.7
-3.3
-12.3
-27.0
n.a
Total
200.2
80.3
74.8
355.3
419.3
-15.3%
Footnote) 1) Shinhan Card’s income(Revenue-Expenses) : W77.4bn (From June to September)
2) Losses on disposition of Hynix common share holding : W62.5bn

12. 2. P&L - NIS and NIM NIS NIM 1Q 02 1H 02 3Q 02 3Q 01 YoY
Average Lending Rate
7.62%
7.52%
7.47%
8.75%
-1.28%p
Average Deposit Rate
4.54%
4.46%
4.41%
6.02%
-1.61%p
NIS in KRW
3.08%
3.06%
3.06%
2.73%
0.33%p
NIS in KRW(excluding Credit Card)
2.49%
2.54%
2.54%
2.14%
0.40%p
NIM
Including Credit Card
NIM
2.76%
2.80%
2.78%
2.76%
0.02%p
NIM in KRW
2.88%
2.93%
2.91%
2.83%
0.08%p
NIM in FX
1.86%
1.79%
1.82%
2.34%
-0.52%p
Excluding Credit Card
NIM
2.37%
2.42%
2.41%
2.50%
-0.09%p
NIM in KRW
2.44%
2.51%
2.50%
2.53%
-0.03%p
NIM in FX
1.86%
1.77%
1.80%
2.34%
-0.54%p

13. Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
Asset Classification and Coverage Ratio
Delinquency Ratio
Credit Card Asset Quality
Additional Provisions
Exposure to Hyundai Affiliates
4. Capital Adequacy Ratio
5. Major Financial Figures

14. 3. Asset Quality – Shinhan Bank
2001
1Q 02
2Q02
3Q02
YTD
(KRW bn)
총자산
Total Credits
35,920.7
41,371.7
41,196.3
42,865.9
19.3%
Substandard & below
868.1
735.7
614.8
680.7
-21.6%
Ratio
2.42%
1.78%
1.49%
1.59%
-0.83p%
Precautionary & below
1,939.6
1,863.9
1,523.7
1,522.9
-21.5%
Ratio
5.40%
4.51%
3.70%
3.55%
-1.85%p
Provisions
623.2
663.4
646.4
674.7
8.26%
Coverage Ratio
Substandard & below
71.8%
90.2%
105.1%
99.1%
27.3%p
Precautionary & below
32.1%
35.6%
42.4%
44.3%
12.2%p
NPLs Sold1)
161.4
116.1
n.a
Write-offs
729.8
26.2
33.5
25.2
-88.4%
Footnote) 1. ABS Issue
2. The numbers for NPLs Sold and Write-offs are not accumulated basis(quarterly figures)

15. 3. Asset Quality – Delinquency Ratio
(KRW bn)
2001
1Q02
2Q02
3Q02
YTD
Retail
Loan Amount
11,140.4
13,780.2
14,751.2
15,603.4
40.1%
Delinquency Amount
89.0
118.5
96.1
164.5
84.8%
Home Equity Loan
27.0
44.9
36.5
79.8
195.6%
Unsecured Loan
38.8
56.1
30.5
50.0
28.9%
Corporate
Loan Amount
13,730.5
15,652.2
15,657.1
15,744.5
14.7%
Delinquency Amount
240.6
186.8
159.2
223.2
-7.2%
Total
Loan Amount
33,469.7
38,840.6
38,634.8
40,350.9
20.6%
Delinquency Amount
565.6
536.0
332.4
472.3
-16.5%
Delinquency Ratio
Retail
0.80%
0.86%
0.65%
1.05%
0.25%p
Home Equity Loan
0.39%
0.48%
0.36%
0.74%
0.35%p
Unsecured Loan
1.48%
2.45%
1.29%
1.95%
0.47%p
Corporate
1.75%
1.19%
1.02%
1.42%
-0.33%p
Total
1.69%
1.38%
0.86%
1.17%
-0.52%p
Footnote) Shinhan Bank only

16. 3. Asset Quality – Shinhan Card
2001
1Q02
2Q02
3Q02
YTD
(KRW bn)
Spin-off
Change in classification standard
Normal
2,012.2
2,232.8
2,444.2
2,460.1
22.3%
Precautionary
35.5
42.4
2.2
80.3
126.2%
Substandard
1.0
0.9
0.0
0.0
n.a
Doubtful
17.0
20.9
0.0
36.6
115.3%
Estimated Loss
27.7
31.7
21.3
39.5
42.6%
Total Credits
2,093.4
2,328.7
2,467.7
2,616.4
25.0%
Substandard & below
2.19%
2.30%
0.86%
2.91%
0.72%p
Precautionary & below
3.88%
4.12%
0.95%
5.98%
2.10%p
Provisions
85.3
98.5
77.9
89.4
4.8%
Coverage Ratio
Substandard & below
186.3%
183.9%
365.7%
117.5%
-68.8%p
Precautionary & below
104.9%
102.7%
331.9%
57.2%
-47.75p
Delinquency Ratio
Over 1 month
3.03%
3.84%
4.63%
5.46%
2.43%p
Over 1 day
6.30%
7.16%
8.21%
9.93%
3.63%p
Footnote) 1. Based on Shinhan Card and Shinhan Bank’s “Purchase Card”

17. 3. Asset Quality – Additional Provisions from Regulatory Requirement
Changes or
Amendment
Provision
Requirement(E)
Net Income
Impact(E)
Application
Period
Consumer Loan
(Precautionary)
Increase in
Provision Ratio
5% ⇒ 8%
2.6 bn
△ 1.8 bn
End of
2002
Corporate Loan
(Normal)
Increase in
Provision Ratio
0.5% ⇒ 0.75%
27.4 bn
△ 19.2 bn
TBD
Credit Card
(Precautionary)
Increase in
Provision Ratio
7% ⇒ 12%
3.9 bn
△ 2.7 bn
End of
2002
Total
6.5 ∼ 33.9 bn
△4.6 ∼
△ 23.7 bn

18. 3. Asset Quality – Exposure to Hyundai Affiliates

19. Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
4. Capital Adequacy Ratio
5. Major Financial Figures

20. 4. Capital Adequacy Ratio
2001
1Q02
2Q02
3Q02(E)
2002(E)
(KRW bn)
Shinhan Bank only
Risk-weighted Assets
35,772.0
40,086.2
38,963.0
40,461.0
Tier 1 Capital
2,955.9
3,150.2
2,682.1
2,788.3
Tier 2 Capital
1,343.5
1,357.4
1,520.8
1,460.1
Capital Adequacy Ratio
12.02%
11.24%
10.79%
10.50%
10.50%
Tier 1 Ratio
8.26%
7.86%
6.88%
6.89%
6.90%
Tier 2 Ratio
3.76%
3.39%
3.90%
3. 61%
3.60%
Shinhan Group(E)
Risk-weighted Assets
41,881.0
42,787.7
Tier 1 Capital
3,303.3
4,000.2
Tier 2 Capital
1,193.8
1,395.8
Capital Adequacy Ratio
10.74%
12.61%
Tier 1 Ratio
7.89%
9.35%
Tier 2 Ratio
2.85%
3.26%
☞ Excluding GMSH securities’ minority interest, BIS ratio and tier 1 ratio would be 11.27% and 8.01% respectively

21. Contents 1. B/S Highlight 2. P/L Highlight 3. Asset Quality
4. Capital Adequacy Ratio
5. Major Financial Figures

22. 5. Major Financial Ratio 2001 1Q 02 1H 02 3Q 02 2002 (P) ROA ROE BVPS
(KRW)
ROA
0.79%
1.33%
1.10%
0.96%
1.03%
ROE
13.83%
24.05%
18.70%
17.48%
20.00%
BVPS
12,312
13,210
13,505
13,449
13,265
EPS
1,498
2,641
2,257
1,987
2,334
Loan to Deposit
Ratio
81.1%
87.1%
92.0%
94.7%
91.2%
Cost-income Ratio
Consolidated
Bank
42.23%
36.21%
41.26%
36.92%
37.31%
32.87%
43.83%
34.57%
36.97%
35.81%
Substandard &
below ratio*
2.42%
1.78%
1.49%
1.59%
1.75%
* Loan to deposit ratio / Substandard & below ratio are for Shinhan Bank only

23. Your Contacts Investor Relations D. H. Lee, Head of IR Team
Tel : (822)
I. C. Park, Deputy General Manager
Tel : (822)
S. H. Yu, Senior Manager
Tel : (822)
S. J. Han, Assistant General Manager
Tel : (822)
Fax : (822) /