Nearly 100 years ago ie in 1913 and Khoe Tjin Tek Owh Chooi Eng establish Chunghwa Shangyeh NV (The Chinese Trading Company Limited) in Medan, he acted as the founder of each as a Director and Chairman.

Chunghwa Shangyeh NV is engaged in financial savings and loans as well as engaged in general trading.

After independence in 1958, namely NV Shangyeh Chunghwa official activities as a commercial bank in 1962 and changed its business form a Limited Liability Company under the name of PT Bank Chunghwa Shangyeh.

In 1965, PT Bank Chunghwa Shangyeh renamed PT Bank Kesawan and to further solidify the position of the Bank and the development of better business, the Central Bank Kesawan relocated or moved to Jakarta in 1990.

In 1995, Bank Kesawan obtained approval to Foreign Currency Trader in 1996 and subsequently received permission to Foreign Banks and Bank of perception, namely the Bank may accept tax.

Although at the time of economic crisis in 1998, Bank Indonesia is still one Kesawan Bank which made it into the category "A" based on the assessment of Bank Indonesia.

To that end, the Bank Kesawan performance in 2000 was awarded as one of "Best Performing Bank" in several categories of independent banking magazine "Infobank".

In 2002 the same operating system manually changed to 'on-line' system in all branches of Bank Kesawan. Bank Kesawan become a public bank in 2002 with the Public Offer Shares prime number of 78.8 million shares through the Stock Exchange. In a public offering of shares of this Series I Warrants issued also by the implementation period in 2003 to 2005.

In 2009 Bank Limited Public Offering I to the Shareholders in order to issue pre-emptive rights ("Rights") of 125,304,750 shares, or a total of Rp. 40,097,520,000,-.

In 2011 Bank Limited Public Offering II ("LPO II") to the Shareholders in order to issue pre-emptive rights ("Rights") of 2,935,263,768 shares, or a total of Rp. 733 815 942 000,-. Qatar National Bank SAQ act as standby purchaser in the LPO II.

Implementation of this second PUT Bank capital increase and result in a change of ownership of shares including the Controlling Shareholder.

As a result of the implementation of LPO II, Qatar National Bank SAQ a Controlling Shareholder Bank holding 69.59% of the issued and paid-up Bank.

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