Home > Salary > Algeria > Private Banker
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Estimated Yearly Salary: 3,452,789 DZD
Estimated Monthly Salary: 287,732 DZD
Estimated Weekly Salary: 66,400 DZD per week
Estimated Hourly Salary: 1,660 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 277,204 DZD
Estimated Weekly Salary: 63,970 DZD per week
Estimated Hourly Salary: 1,599 DZD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 19,825 USD
Estimated Monthly Salary: 1,652 USD
Estimated Weekly Salary: 381 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 3,452,789 DZD
Estimated Monthly Salary: 287,732 DZD
Estimated Weekly Salary: 66,400 DZD per week
Estimated Hourly Salary: 1,660 DZD per hour
By working as Private Banker a person can save up to 1,092 USD per month or 13,105 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Estimated Yearly Salary for Private Banker
Last revision of data: 2025-01-04
Data as of 2025
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Private Banker salary in Algeria
Average Yearly Salary of Private Banker in Algeria is approximately 3,452,789 DZD (19,825 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Private Banker do?
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Skills: private banking, wealth management, investment advisory, financial planning, high-net-worth clients, personalized banking services.
Job industry: Finance
Job industry: Finance
How much does Private Banker make?
Salary details
How much does Private Banker make?Estimated Yearly Salary: 3,452,789 DZD
Estimated Monthly Salary: 287,732 DZD
Estimated Weekly Salary: 66,400 DZD per week
Estimated Hourly Salary: 1,660 DZD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,326,444 DZDEstimated Monthly Salary: 277,204 DZD
Estimated Weekly Salary: 63,970 DZD per week
Estimated Hourly Salary: 1,599 DZD per hour
Last revision of data: 2024-01-09Private Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 19,825 USD
Estimated Monthly Salary: 1,652 USD
Estimated Weekly Salary: 381 USD per week
Estimated Hourly Salary: 10 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Algeria.
Comparison shows that a person working as Private Banker in Algeria earns on average:
1.55 times the average salary (or 155% of average salary).
Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Algeria.
Comparison shows that a person working as Private Banker in Algeria earns on average:
1.55 times the average salary (or 155% of average salary).
Is Private Banker a well paid job?
Yes, our data shows that Private Banker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Private Banker?
High salary for Private Banker would be somewhere between 3,798,068 DZD and 5,006,544 DZD. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banker in Algeria?
Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 3,452,789 DZD
Estimated Monthly Salary: 287,732 DZD
Estimated Weekly Salary: 66,400 DZD per week
Estimated Hourly Salary: 1,660 DZD per hour
By working as Private Banker a person can save up to 1,092 USD per month or 13,105 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Algeria, see costs of living in Algeria.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Banker
Tunisia is 17,112 USD
Morocco is 21,336 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Algeria
(25,311,833 DZD per year, pre-tax.)
2. Cardiologist
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
4. Neurosurgeon
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
6. Oncologist
(19,276,089 DZD per year, pre-tax.)
7. Urologist
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)
Data as of 2025Random salary:
Quality control manager printingpublishing (1,848,045 DZD per year, pre-tax.)
User experience director (4,859,449 DZD per year, pre-tax.)
Junior assistant manager (950,462 DZD per year, pre-tax.)
Office services assistant (1,298,476 DZD per year, pre-tax.)
Blaster helper (1,003,368 DZD per year, pre-tax.)
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