The history of BCS Bank dates back to 1989, when it was licensed by the State Bank of the USSR. In 2006, the Bank joined BCS Financial Group (FG BCS) and acquired its current name, marking a new chapter in the Bank's history. BCS Financial Group (FG BCS) offers brokerage, investment banking and corporate banking services to institutional and corporate clients, as well as private investors both in Russia and abroad. Over time, BCS Bank has grown from a small regional credit institution into a prominent nationwide player.

The Group focuses on three main businesses: BCS Bank (a corporate and retail bank in Russia); BCS World of Investments; and BCS Global Markets (the investment banking division of FG BCS, offering first-class brokerage and IB services to clients/counterparties).