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Credit Analyst Banking salary in Cameroon

Average Yearly Salary of Credit Analyst Banking in Cameroon is approximately 1,260,520 XAF (1,953 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 Credit Analyst Banking do?

occupation personasA credit analyst in banking is responsible for evaluating the creditworthiness of individuals, businesses, or organizations applying for loans or credit. They analyze financial data, such as income statements, balance sheets, and credit histories, to assess the borrower's ability to repay the loan and determine the level of risk involved. Credit analysts also review loan applications, perform risk assessments, and make recommendations on loan approvals or rejections. They may collaborate with other departments, such as underwriting or risk management, to gather additional information and ensure compliance with lending policies and regulations. Attention to detail, strong analytical skills, and a solid understanding of financial markets and industry trends are essential for success in this role.

Skills: credit analysis, risk assessment, financial analysis, loan underwriting, creditworthiness evaluation, banking regulations
Job industry: Banking


How much does Credit Analyst Banking make?

Salary details
How much does Credit Analyst Banking make?
Estimated Yearly Salary: 1,260,520 XAF
Estimated Monthly Salary: 105,043 XAF
Estimated Weekly Salary: 24,241 XAF per week
Estimated Hourly Salary: 606 XAF per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,219,536 XAF
Estimated Monthly Salary: 101,628 XAF
Estimated Weekly Salary: 23,453 XAF per week
Estimated Hourly Salary: 586 XAF per hour
Last revision of data: 2024-01-06



Credit Analyst Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,953 USD
Estimated Monthly Salary: 163 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 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

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 Credit Analyst Banking job salary compared to average salary in Cameroon.
Comparison shows that a person working as Credit Analyst Banking in Cameroon earns on average:
1.28 times the average salary (or 128% of average salary).

Is Credit Analyst Banking a well paid job?

Yes, our data shows that Credit Analyst Banking 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 Credit Analyst Banking?

High salary for Credit Analyst Banking would be somewhere between 1,386,572 XAF and 1,827,754 XAF. However this is an estimation based on Gaussian Distribution.

How much can you save working as Credit Analyst Banking 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: 1,260,520 XAF
Estimated Monthly Salary: 105,043 XAF
Estimated Weekly Salary: 24,241 XAF per week
Estimated Hourly Salary: 606 XAF per hour
By working as Credit Analyst Banking a person can save up to 96 USD per month or 1,156 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 Credit Analyst Banking

Nigeria is 6,029 USDup arrow 209%
Details on Credit Analyst Banking salary in Nigeria
Congo is 2,818 USDup arrow 44%
Details on Credit Analyst Banking 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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