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Retail Banker salary in Algeria

Average Yearly Salary of Retail Banker in Algeria is approximately 1,502,470 DZD (8,680 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 Retail Banker do?

occupation personasA retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.

Skills: retail banker, banking services, financial advisor, customer relationship management, account management, financial products
Job industry: Banking


How much does Retail Banker make?

Salary details
How much does Retail Banker make?
Estimated Yearly Salary: 1,502,470 DZD
Estimated Monthly Salary: 125,206 DZD
Estimated Weekly Salary: 28,894 DZD per week
Estimated Hourly Salary: 722 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,451,989 DZD
Estimated Monthly Salary: 120,999 DZD
Estimated Weekly Salary: 27,923 DZD per week
Estimated Hourly Salary: 698 DZD per hour
Last revision of data: 2024-01-07



Retail Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,680 USD
Estimated Monthly Salary: 723 USD
Estimated Weekly Salary: 167 USD per week
Estimated Hourly Salary: 4 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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.

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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 Retail Banker job salary compared to average salary in Algeria.
Comparison shows that a person working as Retail Banker in Algeria earns on average:
0.67 times the average salary (or 67% of average salary).

Is Retail Banker a well paid job?

No, our data shows that Retail Banker is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Banker might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Retail Banker?

High salary for Retail Banker would be somewhere between 1,652,717 DZD and 2,178,582 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail 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: 1,502,470 DZD
Estimated Monthly Salary: 125,206 DZD
Estimated Weekly Salary: 28,894 DZD per week
Estimated Hourly Salary: 722 DZD per hour
By working as Retail Banker a person can save up to 163 USD per month or 1,960 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 Retail Banker

Tunisia is 7,443 USDdown arrow 14%
Details on Retail Banker salary in Tunisia
Morocco is 9,320 USDup arrow 7%
Details on Retail Banker salary in Morocco
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Algeria

(25,311,833 DZD per year, pre-tax.)
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
(19,276,089 DZD per year, pre-tax.)
(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 2025

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optisalary.com provides salary figures exclusively for informational purposes. While we strive for accuracy, we cannot guarantee the validity of all figures. Users must double-check salary details with official organizations before making financial decisions. Salary estimates may vary based on multiple factors, such as geographic location, experience, and job role. We accept no responsibility for errors in the salary figures provided. By using this website, you acknowledge that salary data is not absolute.
Salary data displayed on this site is for reference exclusively. Our figures are compiled various inputs, but we do not guarantee their accuracy. Users should always verify salary details with additional resources before making financial decisions. Salaries fluctuate due to individual experience, market demand, and employer policies. We cannot offer any assurances about the validity of the provided salary data. By continuing to use this site, you acknowledge these terms.