Home > Salary > Denmark > Retail Banking Manager
A retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.
Estimated Yearly Salary: 828,949 DKK
Estimated Monthly Salary: 69,079 DKK
Estimated Weekly Salary: 15,941 DKK per week
Estimated Hourly Salary: 399 DKK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 66,557 DKK
Estimated Weekly Salary: 15,359 DKK per week
Estimated Hourly Salary: 384 DKK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 118,087 USD
Estimated Monthly Salary: 9,841 USD
Estimated Weekly Salary: 2,271 USD per week
Estimated Hourly Salary: 57 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 828,949 DKK
Estimated Monthly Salary: 69,079 DKK
Estimated Weekly Salary: 15,941 DKK per week
Estimated Hourly Salary: 399 DKK per hour
By working as Retail Banking Manager a person can save up to 6,913 USD per month or 82,951 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 Denmark, see costs of living in Denmark.
Estimated Yearly Salary for Retail Banking Manager
Last revision of data: 2025-01-04
Data as of 2025
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Retail Banking Manager salary in Denmark
Average Yearly Salary of Retail Banking Manager in Denmark is approximately 828,949 DKK (118,087 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 Banking Manager do?
A retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.
Skills: Retail banking, Manager, Customer service, Sales, Team management, Compliance.
Job industry: Banking
Job industry: Banking
How much does Retail Banking Manager make?
Salary details
How much does Retail Banking Manager make?Estimated Yearly Salary: 828,949 DKK
Estimated Monthly Salary: 69,079 DKK
Estimated Weekly Salary: 15,941 DKK per week
Estimated Hourly Salary: 399 DKK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 798,679 DKKEstimated Monthly Salary: 66,557 DKK
Estimated Weekly Salary: 15,359 DKK per week
Estimated Hourly Salary: 384 DKK per hour
Last revision of data: 2024-01-06Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 118,087 USD
Estimated Monthly Salary: 9,841 USD
Estimated Weekly Salary: 2,271 USD per week
Estimated Hourly Salary: 57 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Denmark is a Scandinavian country located in Northern Europe. It has a population of approximately 5.8 million people and covers an area of around 43,094 square kilometers. The country consists of the Jutland Peninsula and numerous islands, including Zealand, Funen, and Bornholm.
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Denmark.
Comparison shows that a person working as Retail Banking Manager in Denmark earns on average:
1.68 times the average salary (or 168% of average salary).
Estimated national average yearly salary is 494,627 DKK (73,200 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Denmark.
Comparison shows that a person working as Retail Banking Manager in Denmark earns on average:
1.68 times the average salary (or 168% of average salary).
Is Retail Banking Manager a well paid job?
Yes, our data shows that Retail Banking 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 Retail Banking Manager?
High salary for Retail Banking Manager would be somewhere between 911,844 DKK and 1,201,976 DKK. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banking Manager in Denmark?
Living in Denmark the approximate monthly expenses are: 2,928 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: 828,949 DKK
Estimated Monthly Salary: 69,079 DKK
Estimated Weekly Salary: 15,941 DKK per week
Estimated Hourly Salary: 399 DKK per hour
By working as Retail Banking Manager a person can save up to 6,913 USD per month or 82,951 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 Denmark, see costs of living in Denmark.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Germany, Sweden, Norway. 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 Banking Manager
Germany is 86,097 USD
Sweden is 101,476 USD
Norway is 154,447 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Denmark
(5,348,299 DKK per year, pre-tax.)
2. Cardiologist
(4,444,802 DKK per year, pre-tax.)
(4,309,239 DKK per year, pre-tax.)
4. Neurosurgeon
(4,154,976 DKK per year, pre-tax.)
(4,151,728 DKK per year, pre-tax.)
(4,079,039 DKK per year, pre-tax.)
(4,074,872 DKK per year, pre-tax.)
8. Oncologist
(4,073,743 DKK per year, pre-tax.)
9. Urologist
(4,068,231 DKK per year, pre-tax.)
10. Dermatologist
(4,060,246 DKK per year, pre-tax.)
Data as of 2025Random salary:
Aged care worker (223,405 DKK per year, pre-tax.)
Pet groomer (245,749 DKK per year, pre-tax.)
Logistics manager (528,833 DKK per year, pre-tax.)
Engineering technician electrical (550,610 DKK per year, pre-tax.)
Staff physical therapist (714,903 DKK per year, pre-tax.)
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