ANNOUCEMENT OF VAT EXEMPTION FOR CREDIT CARD SERVICE

Pursuant to Circular 06/2012/TT-BTC guidance on Value Added Tax (VAT) under Decree 121/2011/ND-CP on 11 January 2012, Shinhan Bank Vietnam would like to inform that we stop to charge the VAT (Value Added Tax) on all fees of Credit Card service from 01 April 2012.

Since the Circular is applied from 1 March 2012, therefore, Shinhan Bank Vietnam will refund the charged VAT amount from 1 March 2012 to 31 March 2012 to each customer accounts.

Should you have any enquiry, please contact our branches or Hotline number 1900565680.

Yours faithfully,

Shinhan Bank Vietnam Limited

Financial Report Year 2011

Shinhan Bank, Vietnam celebrated 100 days of mergence

Announcement on BIN change

  Ho Chi Minh City, 22 Feb, 2012

Dear our valued customers,

In an attempt to standardize the BIN for the card issuing institutes in Vietnam, on 30 October 2007, the State Bank of Vietnam issued the Decision No. 38/2007/Q Đ-NHNN, regulating that the card issuing institutes must finish converting all the ATM cards with the old BIN to the new BIN granted by the State Bank of Vietnam.

The dead-line of card converting is June 30^th, 2012. After the deadline, all the ATM cards with the old BIN will be not valid and can not be used at ATM machines.

For the above reason, you are kindly requested to promptly contact with the branches of Shinhan Bank Vietnam to ask for the ATM card changing before June 30^th, 2012 free of charge.

Thank you & Best regards,

Shinhan Bank Vietnam