Exhibit 99.1
Shinhan Financial Group 2014 3Q Operating Results

On October 28, 2014, Shinhan Financial Group released its operating results for 2014 3Q. The following tables reflect the key figures we announced through a fair disclosure. The full IR presentation materials are available at our website (www.shinhangroup.com).

The financial information in this report has been prepared in accordance with Korean International Financial Reporting Standards and is to be reviewed by our independent auditor. As figures provided have not yet been fully reviewed by our independent auditor, contents are subject to change in the due course of the reviewing process.

1. Operating Results of Shinhan Financial Group (consolidated)

(KRW million)

Item		3Q 2014		2Q 2014		QoQ Change (%)		3Q 2013		YoY Change (%)
Revenue*	Specified Quarter		6,550,776		6,808,878		-3.79		5,215,211		25.61
	Cumulative		20,447,540		13,896,764		—		21,688,832		-5.72
Operating Income	Specified Quarter		832,949		753,689		10.52		759,412		9.68
	Cumulative		2,344,461		1,511,512		—		2,170,157		8.03
Income before Income Taxes	Specified Quarter		856,798		797,144		7.48		759,852		12.76
	Cumulative		2,429,783		1,572,985		—		2,220,661		9.42
Net Income	Specified Quarter		651,485		612,027		6.45		564,860		15.34
	Cumulative		1,859,076		1,207,591		—		1,679,696		10.68
Net Income Attributable to Controlling Interest	Specified Quarter		632,008		577,608		9.42		523,219		20.79
	Cumulative		1,768,047		1,136,039		—		1,559,490		13.37

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues

2. Operating Results of Shinhan Bank (consolidated)

(KRW million)

Item		3Q 2014		2Q 2014		QoQ Change (%)		3Q 2013		YoY Change (%)
Revenue*	Specified Quarter		2,629,100		4,031,306		-34.78		2,506,020		4.91
	Cumulative		10,297,505		7,668,405		—		11,672,151		-11.78
Operating Income	Specified Quarter		548,536		509,186		7.73		542,443		1.12
	Cumulative		1,591,395		1,042,859		—		1,395,015		14.08
Income before Income Taxes	Specified Quarter		557,891		522,156		6.84		533,885		4.50
	Cumulative		1,620,803		1,062,912		—		1,412,461		14.75
Net Income	Specified Quarter		430,192		416,954		3.17		390,859		10.06
	Cumulative		1,272,303		842,111		—		1,089,870		16.74
Net Income Attributable to Controlling Interest	Specified Quarter		430,096		416,784		3.19		390,801		10.05
	Cumulative		1,271,968		841,872		—		1,089,723		16.72

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues

3. Operating Results of Shinhan Card (consolidated)

(KRW million)

Item		3Q 2014		2Q 2014		QoQ Change (%)		3Q 2013		YoY Change (%)
Revenue*	Specified Quarter		1,138,345		1,145,404		-0.62		1,030,826		10.43
	Cumulative		3,380,013		2,241,668		—		3,469,102		-2.57
Operating Income	Specified Quarter		235,002		230,662		1.88		203,531		15.46
	Cumulative		660,755		425,753		—		690,159		-4.26
Income before Income Taxes	Specified Quarter		244,532		225,974		8.21		202,983		20.47
	Cumulative		654,993		410,461		—		689,025		-4.94
Net Income	Specified Quarter		190,089		176,504		7.70		160,363		18.54
	Cumulative		507,751		317,662		—		534,755		-5.05
Net Income Attributable to Controlling Interest	Specified Quarter		190,089		176,504		7.70		160,363		18.54
	Cumulative		507,751		317,662		—		534,755		-5.05

* Represents the sum of interest income, fees and commissions revenues, and other operating revenues