Bank Manager salary in Colombia

Average Yearly Salary of Bank Manager in Colombia is approximately 37,250,601 COP (8,201 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 Bank Manager do?

A bank manager is responsible for overseeing the operations of a bank branch or department. They are in charge of managing staff, ensuring customer satisfaction, and meeting financial goals. The bank manager's duties include setting sales targets, developing marketing strategies, and promoting banking products and services. They also handle customer inquiries, resolve complaints, and monitor transactions to prevent fraud. Additionally, bank managers analyze financial data, prepare reports, and make recommendations to improve profitability. They must stay updated on industry regulations and compliance requirements to ensure the bank's adherence to legal standards. Strong leadership, communication, and problem-solving skills are essential for success in this role.

Skills: Bank management, Customer service, Financial analysis, Sales strategy, Compliance, Leadership
Job industry: Banking

How much does Bank Manager make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Bank Manager a well paid job?

Yes, our data shows that Bank Manager 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 Bank Manager?

High salary for Bank Manager would be somewhere between 40,975,661 COP and 54,013,371 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Manager in Colombia?

Living in Colombia the approximate monthly expenses are: 260 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: 37,250,601 COP
Estimated Monthly Salary: 3,104,217 COP
Estimated Weekly Salary: 716,358 COP per week
Estimated Hourly Salary: 17,909 COP per hour
By working as Bank Manager a person can save up to 423 USD per month or 5,076 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 Colombia, see costs of living in Colombia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Manager

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 +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 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 Colombia

Data as of 2025

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