In 1913, Bank QNB Indonesia, formerly known as NV Chunghwa Shangyeh was established in Medan. With more than 100 years banking experience, in 2011 the Bank enchanced its capital through right issue that makes Qatar National Bank (QNB) the Controlling Shareholders of the Bank and changed its named to PT Bank QNB Kesawan Tbk. In 2014, then alter its name and logo to PT Bank QNB Indonesia Tbk through right issue IV, QNB share ownership has increased to 78,59%.
QNB was established in 1964 as the first Qatari owned commercial bank with an ownership structure shared between Qatar Investment Authority (50%) and the private sector (50%).
QNB Group as the largest bank in the Middle East and North Africa region continues to improve its performance. QNB was recently recognized as "The Best Bank in The Middle East" by Euromoney Magazine and was voted as "One of the Top 50 Safest Bank in the World" by Global Finance Magazine in 2013.