Business Banker salary in Colombia

Average Yearly Salary of Business Banker in Colombia is approximately 39,732,095 COP (8,836 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 Business Banker do?

A business banker is a professional who works in the banking industry and specializes in providing financial services to small and medium-sized businesses. Their primary role is to establish and maintain relationships with business clients, understand their financial needs, and offer appropriate banking products and services. They assist businesses in managing their cash flow, financing expansion projects, securing loans, and providing advice on financial planning and investment options. Business bankers also analyze financial statements, evaluate creditworthiness, and make recommendations for loan approvals. They work closely with business owners to understand their goals and objectives, and help them navigate through financial challenges and opportunities.

Skills: Business banking, Financial services, Relationship management, Cash flow management, Business loans, Financial planning
Job industry: Banking

How much does Business Banker make?

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


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Salary comparison to National average

Is Business Banker a well paid job?

Yes, our data shows that Business 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 Business Banker?

High salary for Business Banker would be somewhere between 43,705,305 COP and 57,611,538 COP. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Banker 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: 39,732,095 COP
Estimated Monthly Salary: 3,311,008 COP
Estimated Weekly Salary: 764,079 COP per week
Estimated Hourly Salary: 19,102 COP per hour
By working as Business Banker a person can save up to 476 USD per month or 5,711 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 Business Banker

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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