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111HHH 201220122012 ResultsResultsResults

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Highlights

Presentation agenda

Kookmin acquisition

Lending and asset quality update

Liquidity, funding and capitalisation

Financial performance

Business update

Peer comparison

Highlights ($mm) 2009 2010 2011 1H 2012 1H2012/ 2011 ($)Total Assets 7,817 8,302 7,291 7,221 -1%Gross Loans 4,896 5,431 5,930 6,012 1.4%Customer Accounts 4,458 5,271 4,795 4,828 0.7%Equity 658 575 585 588 0.5%Net Income 23 -208 18 7Capital Adequacy 22.7% 18.9% 16.93% 16.35%ROAE*

ROAA*

*annualized

3.6%

0.3%

-33%

-2.6%

3.2%

0.2%

2.4%

0.2%

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Investment Highlights• One of the oldest commercial banks in CIS (established in 1988)• Kazakhstan’s 4th largest bank in terms of assets (7.85% of total system assets as of 1H 2012)• Strong new strategic shareholders (Kookmin Bank & IFC) with ability to support further growth and share

extensive expertise in corporate banking, risk management and advanced IT solutions• Strong retail track-record (3rd largest in RK in terms of retail deposits as of 1H 2012) with middle-market focus• Market share of retail loans of 11.5% and retail deposits of 12.5% as of 1H 2012• Nationwide footprint and powerful distribution network, including 20 full-service and 122 retail branches• Strongest asset quality amongst peers• Strong ratings compared to CIS peers: B1 (Moody’s), B+ (Fitch), B+ (S&P) as of 1H 2012 • Stable management structure• Strong liquidity with no dependence on government support and a prudent approach to external funding

Source: IFRS data

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Presentation agenda

Lending and asset quality update

Liquidity, funding and capitalisation

Financial performance

Business update

Peer comparison

Kookmin acquisition

Highlights

Kookmin Bank to become controlling shareholder in BCC

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Shareholder structure as of 1H 2012 Shareholder structure as of YE2009

Kookmin Bank (KB) has acquired 41.9% of BCC’s total shares, with IFC taking 10.0%

• Initial stage: KB acquired 30.55% of total shares in 2H2008 through both secondary market purchase and a capital injection

• Second stage: KB increased its stake to 41.9% of total shares while IFC purchased 10.0% in transactions involving a combination of existing, new common and preferred shares (completed in February 2010)

Transaction summary Key steps of BCC acquisition

August 27, 2008

December 2008

February 2010

Closing, 23.0% stake acquisition

KB’s increase in stake up to 30.55%

KB’s increase in stake up to 41.9% IFC 10% stake acquisition

May 16, 2008Regulatory approval—Korean Financial Supervision Agency

July 18, 2008Regulatory approval—Kazakh Financial Supervision Agency

March 17, 2008Announcement of 30% stake acquisition for $634mm

“According to Moody's, the emergence of Kookmin Bank as the strategic shareholder in BCC is expected to lead to an improvement in BCC's liquidity profile, while the involvement of Kookmin Bank in BCC's key corporate decisions, and assistance in risk management and asset-liability management is likely to have a positive impact on BCC's risk profile and franchise.”

According to Moody's, “ the emergence of Kookmin Bank as the strategic shareholder in BCC is expected to lead to an improvement in BCC's liquidity profile, while the involvement of Kookmin Bank in BCC's key corporate decisions, and assistance in risk management and asset-liability management is likely to have a positive impact on BCC's risk profile and franchise.”

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Kookmin’s acquisition significantly strengthens BCC’s competitive position

Additional capital injection in 2008 – 2010 amounted to approx. US$ 226 mm.Introduction of IFC as a new strong shareholder of the BankStrong capitalization base for future stable growth

Capital

Top management

Credit risk management

Retail business

Internal controls

Other

Kookmin nominated two BoD members, three members of the Management Board and number ofmiddle-level managers to strengthen BCC’s position and help accelerate further development. IFCnominated one BoD member.

Establishment of the computerized Credit Rating and Credit Scoring SystemsTransition to the new structure with the view of concentrating the branches on sales and asset quality: - Division into Sales Offices, Credit Analysis Center and Operational Support Center- Separation of loan marketing (Front Office) and loan review structure ensuring independence of

decision making

Establishment of automatic process for retail loan review and approval

Creation of integrated monitoring systemDevelopment of Anti-Money Laundering systemCreation of the normative/regulatory base for the Internal Audit and Compliance Control functionsSplit-off of the Compliance Control as a separate unit under the Board of Directors

Data Warehouse SystemCreation of IT Help DeskDeveloping Data Mart for businesses based on DWDeveloping HR management system (implementation of performance–based wage system,improvement of loyalty to the bank)

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Presentation agenda

Lending and asset quality update

Liquidity, funding and capitalisation

Financial performance

Peer comparison

Highlights

Business update

Kookmin acquisition

Branch network and subsidiaries development

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LLC Bank BCC-Moscow

Geographical coverage Subsidiaries

BCC branch network development

Bank CenterCredit

LLC Bank BCC-Moscow

LLP CenterLeasing JSC

BCC Invest

CenterCredit International

B.V.

100% 75%100% 91% 100%

APF Capital

Additionally BCC has two representative offices in Kiev, Ukraine and Bishkek, Kyrgyzstan

KazakhstanPension Fund management

NetherlandsAttraction of capital for the parent company

KazakhstanFinance lease of property

KazakhstanBrokerage and dealer activity

RussiaBanking services

• Established in 2008• Main mission is to support the development of SME companies in

Russia and CIS countries• Ranked as No. 275 in terms of assets• Ratings: B+/stable (Fitch), A (Expert RA)

KazakhstanUkraine

Kyrgyzstan

Russian Federation

($mm) 2008 1H 2012

Total Assets

Total Loans

Net Income

41.7

-0.8

3.2

-0.2

118.1

246.3

Strong positions in retail segments in Kazakhstan

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Loan portfolio breakdown (%)

Breakdown of retail portfolio (1H 2012)

Retail loans ($mm)

Retail deposits dynamics ($mm)

Retail loans ($mm)

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Presentation agenda

Liquidity, funding and capitalisation

Financial performance

Peer comparison

Highlights

Kookmin acquisition

Business update

Lending and asset quality update

Strong loan quality with conservative provisioning

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Provisioning level, NPLs (%)Assets and loans

9.3

13.2 14.2 14.3

3.5

10.28.2 8.6

2009 2010 2011 1H 2012

Provisions/Loans NPL/Loans

Currency profile of loan portfolio

Note: non-performing loans are defined as 90 days overdue and over

99.1 99.0 98.8 98.5

0.9 1.0 1.2 1.5

2009 2010 2011 1H 2012

Collateralised Uncollateralised

Collateralisation of loans (%)

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BCC maintained conservative asset growth and focused on loan quality

LTV trendNPLs by business segment

69.0% 74.0% 76.0% 74.0%76.0%

82.0% 84.0% 83.0%

60.0%64.0% 66.0% 61.0%

2009 2010 2011 1H 2012

Retail Mortgages Consumer

2009 2010 2011 1H 2012

Gross Loans 4,896 5,431 5,930 6,012

Mortgage, % of Loans 18% 18% 18% 17%

Construction: 566 698 689 768

Residential, % of Loans 6% 5% 6% 5%

Industrial, % of Loans 6% 8% 6% 7%

Dynamics of challenging industries ($mm)Industry exposure (1H 2012)

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Presentation agenda

Financial performance

Peer comparison

Highlights

Kookmin acquisition

Business update

Liquidity, funding and capitalisation

Lending and asset quality update

High liquidity

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Dynamics of liquid assets ($mm) Breakdown of liquid assets

Net Loans / Deposits (%) Composition of securities portfolio (%)

3 134 3 310

1 875 1 735

0500

1 0001 5002 0002 5003 0003 5004 000

2009 2010 2011 1H 2012

100 89106 107

2009 2010 2011 1H 2012

90% 92%80% 73%

10% 8% 20% 27%

2009 2010 2011 1H 2012

Government Corporate

Strong and diversified funding base and currency exposure

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Funding composition (1Q 2012)

Customer accounts breakdown by currency Average rates and costs of funding

Funding diversification dynamics ($mm)

Strong equity base

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Equity ($mm)

Capital Structure (BIS, $mm) Capital Adequacy (BIS)

658

575585 588

8%7%

8% 8%

-20%

10%

520540560580600620640660680

2009 2010 2011 1H 2012

Equity Equity/Assets

Capital dynamics ($mm)

13.7%11.2% 10.2% 9.9%

23%19%

17% 16%

2009 2010 2011 1H 2012

Tier 1 Total capital

2009 2010 2011 1H 2012

Share capital 355 473 470 466RE & minority 297 96 107 120Tier I capital 657 570 585 587Tier II capital 433 393 385 378Total capital 1,089 963 970 965RWA 4,808 5,107 5,728 5,902

Total capital adequacy min. requirement = 8% Tier 1 capital adequacy min. requirement = 4%

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Presentation agenda

Highlights

Kookmin acquisition

Business update

Lending and asset quality update

Financial performance

Liquidity, funding and capitalisation

Peer comparison

Operating income is continuing to strengthen

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Operating income structure ($mm)

Net profit ($mm), Net interest margin (%) Cost / Income ratio

33.1%

75.9%55.1% 67.0%

2009 2010 2011 1H 2012

23.2

-161.4

48.0 35.0163.4

113.0

143.7 59.0

2009 2010 2011 1H 2012

Net interest income Net non-interest income

Non-interest income contribution (1H 2012)

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Presentation agenda

Highlights

Kookmin acquisition

Business update

Lending and asset quality update

Liquidity, funding and capitalisation

Peer comparison

Financial performance

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Key balance sheet figures comparison

Assets ($bn, 1H 2012) Loan Portfolio ($bn, 1H 2012)

Corporate deposits ($bn, 1H 2012) Retail deposits ($bn, 1H 2012)

Source: NBRK

16.8 16.4

9.77.1 6.2 4.2

18.7% 18.2%10.7%

7.9% 6.9% 4.6%

0%0

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Halyk KKB BTA BCC ATF Sberbank

Assets Share

4.2 3.92.6 1.8 1.7 1.2

20.5%19.2%

12.5%8.8% 8.5% 6.0%

0%

30%

0Halyk KKB BCC Kaspi BTA ATF

Retail deposits Share

15.9 13.99.3 5.6 5.5 3.7

21.6%18.9%

12.7%7.6% 7.4% 5.1%

0%0

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KKB BTA Halyk BCC ATF ALB

Loan Portfolio Share

7.95.2 2.8 2.4 2.4 2.1

21.8%

14.4%7.6% 6.6% 6.5% 5.8%

0%

30%

0

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Halyk KKB BTA Sber ATF BCC

Corporate deposits Share