FIRST CZECH-RUSSIAN BANK LLC (FCRB, LLC) was founded in 1996 for the purposes of servicing of foreign trade turnover and investment projects of the RF and the Czech Republic and rendering of banking services to companies involved in the Russian-Czech foreign economic relations and to Russian entities and organizations with involvement of Czech capital.
Currently the bank is a universal financial institution, which is successful in rendering services to both large and medium and small businesses working in the real economy sector of the country. The Bank's five year strategy has been developed together with Roland Berger Strategy Consultants and is focused on:
- rendering of qualitative and hi-tech service,
- implementation of international projects,
- development of relations with Russian, Czech and Slovak companies carrying out trade, economic and investment cooperation on the markets of the mentioned countries,
- attraction of small and medium businesses for servicing
- diversification of the loan portfolio by developing the retail business including car loans and mortgages,
- provision of comprehensive banking services to the target customer class – individuals (representatives of middle class).
To improve the existing system of corporate management, the Bank participated in the project of the International Financial Corporation (IFC) "Russia Banking Corporate Governance Project".
Currently, within the project and on the basis of analysis carried out by IFC, the measures for implementation of IFC recommendations aimed at improvement of the Bank's management system are being scheduled.
