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Business Banking Officer salary in Ecuador

Average Yearly Salary of Business Banking Officer in Ecuador is approximately 233,459,824 ECS (8,263 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 Banking Officer do?

occupation personasA business banking officer is responsible for managing the financial needs of corporate clients within a bank. They work closely with business owners, entrepreneurs, and executives to understand their financial goals and provide tailored financial solutions. Their main duties include analyzing financial statements, assessing creditworthiness, developing loan proposals, and overseeing the loan approval process. Business banking officers also maintain relationships with existing clients, actively seek new business opportunities, and cross-sell various banking products and services.

Skills: business banking, financial analysis, credit assessment, loan proposal development, relationship management, cross-selling.
Job industry: Banking


How much does Business Banking Officer make?

Salary details
How much does Business Banking Officer make?
Estimated Yearly Salary: 233,459,824 ECS
Estimated Monthly Salary: 19,454,985 ECS
Estimated Weekly Salary: 4,489,612 ECS per week
Estimated Hourly Salary: 112,240 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 225,546,038 ECS
Estimated Monthly Salary: 18,795,503 ECS
Estimated Weekly Salary: 4,337,424 ECS per week
Estimated Hourly Salary: 108,436 ECS per hour
Last revision of data: 2024-01-07



Business Banking Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,263 USD
Estimated Monthly Salary: 689 USD
Estimated Weekly Salary: 159 USD per week
Estimated Hourly Salary: 4 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

Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.

Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Business Banking Officer job salary compared to average salary in Ecuador.
Comparison shows that a person working as Business Banking Officer in Ecuador earns on average:
1.43 times the average salary (or 143% of average salary).

Is Business Banking Officer a well paid job?

Yes, our data shows that Business Banking Officer 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 Banking Officer?

High salary for Business Banking Officer would be somewhere between 256,805,806 ECS and 338,516,745 ECS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Banking Officer in Ecuador?

Living in Ecuador the approximate monthly expenses are: 252 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: 233,459,824 ECS
Estimated Monthly Salary: 19,454,985 ECS
Estimated Weekly Salary: 4,489,612 ECS per week
Estimated Hourly Salary: 112,240 ECS per hour
By working as Business Banking Officer a person can save up to 436 USD per month or 5,234 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 Ecuador, see costs of living in Ecuador.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Colombia, Peru.
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 Banking Officer

Colombia is 8,540 USDup arrow 3%
Details on Business Banking Officer salary in Colombia
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 Ecuador

(1,855,980,438 ECS per year, pre-tax.)
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
(1,414,323,101 ECS per year, pre-tax.)
(1,413,729,680 ECS per year, pre-tax.)

Data as of 2025

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Please note:
This website aggregates salary data for informational use only.
This website presents salary insights for informational purposes only. While we collect data from various sources, we do not ensure full accuracy. Users are advised to consult external organizations before making any career moves. Salaries fluctuate due to various factors, such as experience, industry trends, and negotiation tactics. We make no guarantee regarding the validity of the displayed salary figures. Your continued access of this site indicates your acceptance of these terms.
This website aggregates salary data for informational use only. We attempt to provide accurate figures, but cannot assure their precision. Users are urged to consult alternative sources before making employment choices. Salary ranges may vary due to company policies, market demands, and skills. We accept no liability for errors in the salary data provided. Your continued use with this site indicates agreement of this policy.