First Czech-Russian Bank was founded in 1996 to serve foreign trade and investment projects between Russia and the Czech Republic, offer banking services to investor companies in Russian-Czech foreign economic ties and to Russian enterprises and organizations created with Czech capital. First Czech-Russian Bank has accumulated a lot of experience in supporting foreign economic operations, has a positive image in the Czech Republic and Slovakia and has made vast connections in these countries' economic and political circles. These were all the deciding factors in choosing the growth outlook for FCRB that laid the grounds for its aspiration to be licensed in the European Union.