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Chief Lending Officer salary in Cameroon

Average Yearly Salary of Chief Lending Officer in Cameroon is approximately 2,843,727 XAF (4,394 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 Chief Lending Officer do?

occupation personasA Chief Lending Officer (CLO) is a high-level executive responsible for overseeing and managing the lending activities of a financial institution. They play a critical role in developing and implementing lending strategies to maximize profitability while minimizing risk. The CLO is responsible for setting lending policies, evaluating loan applications, managing loan portfolios, and ensuring compliance with regulatory requirements. They collaborate with other departments such as credit analysis, underwriting, and collections to ensure efficient loan processing and optimal customer service. Additionally, the CLO monitors market trends, assesses economic conditions, and makes recommendations for adjustments to lending practices. Strong leadership skills, extensive knowledge of lending principles and regulations, and the ability to analyze financial data are essential for success in this role.

Skills: Chief Lending Officer, CLO, lending strategies, risk management, loan portfolio management, regulatory compliance, credit analysis, loan processing
Job industry: Banking


How much does Chief Lending Officer make?

Salary details
How much does Chief Lending Officer make?
Estimated Yearly Salary: 2,843,727 XAF
Estimated Monthly Salary: 236,977 XAF
Estimated Weekly Salary: 54,687 XAF per week
Estimated Hourly Salary: 1,367 XAF per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,743,632 XAF
Estimated Monthly Salary: 228,636 XAF
Estimated Weekly Salary: 52,762 XAF per week
Estimated Hourly Salary: 1,319 XAF per hour
Last revision of data: 2024-01-03



Chief Lending Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,394 USD
Estimated Monthly Salary: 366 USD
Estimated Weekly Salary: 85 USD per week
Estimated Hourly Salary: 2 USD per hour


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

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Salary comparison to National average

Cameroon, located in Central Africa, is a diverse and culturally rich country. With a population of approximately 26 million people, it is one of the most populous nations on the continent. The country spans an area of around 475,440 square kilometers, making it slightly larger than Sweden.

Estimated national average yearly salary is 987,534 XAF (1,660 USD). Value indicated is pre-tax. Below graph shows estimated Chief Lending Officer job salary compared to average salary in Cameroon.
Comparison shows that a person working as Chief Lending Officer in Cameroon earns on average:
2.88 times the average salary (or 288% of average salary).

Is Chief Lending Officer a well paid job?

Yes, our data show that Chief Lending Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Chief Lending Officer?

High salary for Chief Lending Officer would be somewhere between 3,128,100 XAF and 4,123,404 XAF. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Lending Officer in Cameroon?

Living in Cameroon the approximate monthly expenses are: 66 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: 2,843,727 XAF
Estimated Monthly Salary: 236,977 XAF
Estimated Weekly Salary: 54,687 XAF per week
Estimated Hourly Salary: 1,367 XAF per hour
By working as Chief Lending Officer a person can save up to 300 USD per month or 3,597 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 Cameroon, see costs of living in Cameroon.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Nigeria, Chad, Central African Republic, Equatorial Guinea, Gabon, Congo, The Democratic Republic of the Congo..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Chief Lending Officer

Nigeria is 13,547 USDup arrow 208%
Details on Chief Lending Officer salary in Nigeria
Congo is 6,315 USDup arrow 44%
Details on Chief Lending Officer salary in Congo
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 Cameroon

(11,250,221 XAF per year, pre-tax.)
(9,367,644 XAF per year, pre-tax.)
(9,012,293 XAF per year, pre-tax.)
(8,759,043 XAF per year, pre-tax.)
(8,739,351 XAF per year, pre-tax.)
(8,552,704 XAF per year, pre-tax.)
(8,541,445 XAF per year, pre-tax.)
(8,537,195 XAF per year, pre-tax.)
(8,530,719 XAF per year, pre-tax.)
(8,513,192 XAF per year, pre-tax.)

Data as of 2025

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This website presents salary insights for informational purposes only.
All salary data on this website are for reference purposes only. We gather data from numerous reliable databases, yet cannot guarantee complete accuracy. Before making career choices, users should consult additional verified sources. Salaries fluctuate due to several influences, including negotiation skills, industry demand, and experience levels. We deny any responsibility for errors in the salary estimates provided here. Your use with this website constitutes agreement of this disclaimer.
The salary estimates on this website are meant for informational use exclusively. We compile salary data from varied providers, but do not ensure absolute precision. Users must independently confirm salaries before making career commitments. Salary variations occur due to industry standards, demand shifts, and location. We disclaim any warranty regarding the correctness of the provided salary data. By using this site, you agree that salary data is not definitive.