Home > Salary > Egypt > Chief Credit Officer
The Chief Credit Officer (CCO) is a senior-level executive responsible for overseeing and managing the credit risk of a financial institution. Their primary role is to ensure that the organization's credit policies and procedures are in line with regulatory requirements and industry best practices. The CCO is responsible for assessing and mitigating credit risks, developing and implementing credit risk management strategies, and monitoring the overall credit portfolio performance.
The CCO plays a crucial role in evaluating the creditworthiness of borrowers, determining appropriate credit limits, and establishing lending guidelines. They collaborate with various departments, including underwriting, loan administration, and collections, to ensure effective credit risk management throughout the organization. Additionally, the CCO provides guidance and recommendations to senior management and the board of directors regarding credit risk exposure and potential impacts on the institution's financial health.
Estimated Yearly Salary: 368,452 EGP
Estimated Monthly Salary: 30,704 EGP
Estimated Weekly Salary: 7,086 EGP per week
Estimated Hourly Salary: 177 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 29,741 EGP
Estimated Weekly Salary: 6,863 EGP per week
Estimated Hourly Salary: 172 EGP per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 11,219 USD
Estimated Monthly Salary: 935 USD
Estimated Weekly Salary: 216 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 368,452 EGP
Estimated Monthly Salary: 30,704 EGP
Estimated Weekly Salary: 7,086 EGP per week
Estimated Hourly Salary: 177 EGP per hour
By working as Chief Credit Officer a person can save up to 771 USD per month or 9,251 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 Egypt, see costs of living in Egypt.
Estimated Yearly Salary for Chief Credit Officer
Last revision of data: 2025-01-04
Data as of 2025
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Chief Credit Officer salary in Egypt
Average Yearly Salary of Chief Credit Officer in Egypt is approximately 368,452 EGP (11,219 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 Chief Credit Officer do?
The Chief Credit Officer (CCO) is a senior-level executive responsible for overseeing and managing the credit risk of a financial institution. Their primary role is to ensure that the organization's credit policies and procedures are in line with regulatory requirements and industry best practices. The CCO is responsible for assessing and mitigating credit risks, developing and implementing credit risk management strategies, and monitoring the overall credit portfolio performance.
The CCO plays a crucial role in evaluating the creditworthiness of borrowers, determining appropriate credit limits, and establishing lending guidelines. They collaborate with various departments, including underwriting, loan administration, and collections, to ensure effective credit risk management throughout the organization. Additionally, the CCO provides guidance and recommendations to senior management and the board of directors regarding credit risk exposure and potential impacts on the institution's financial health.
Skills: Chief Credit Officer, Credit Risk Management, Credit Portfolio, Regulatory Compliance, Creditworthiness Assessment, Credit Risk Mitigation.
Job industry: Banking or financial services
Job industry: Banking or financial services
How much does Chief Credit Officer make?
Salary details
How much does Chief Credit Officer make?Estimated Yearly Salary: 368,452 EGP
Estimated Monthly Salary: 30,704 EGP
Estimated Weekly Salary: 7,086 EGP per week
Estimated Hourly Salary: 177 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 356,895 EGPEstimated Monthly Salary: 29,741 EGP
Estimated Weekly Salary: 6,863 EGP per week
Estimated Hourly Salary: 172 EGP per hour
Last revision of data: 2024-01-02Chief Credit Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,219 USD
Estimated Monthly Salary: 935 USD
Estimated Weekly Salary: 216 USD per week
Estimated Hourly Salary: 5 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Egypt is a country located in northeastern Africa. It is bordered by the Mediterranean Sea to the north, Sudan to the south, Libya to the west, and Israel and the Red Sea to the east. With a population of over 100 million people, Egypt is the most populous country in the Arab world and the third most populous in Africa. The country covers an area of approximately 1,001,450 square kilometers, making it the 30th largest country in the world.
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Chief Credit Officer job salary compared to average salary in Egypt.
Comparison shows that a person working as Chief Credit Officer in Egypt earns on average:
2.93 times the average salary (or 293% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Chief Credit Officer job salary compared to average salary in Egypt.
Comparison shows that a person working as Chief Credit Officer in Egypt earns on average:
2.93 times the average salary (or 293% of average salary).
Is Chief Credit Officer a well paid job?
Yes, our data show that Chief Credit Officer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Chief Credit Officer?
High salary for Chief Credit Officer would be somewhere between 405,297 EGP and 534,255 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Chief Credit Officer in Egypt?
Living in Egypt the approximate monthly expenses are: 164 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: 368,452 EGP
Estimated Monthly Salary: 30,704 EGP
Estimated Weekly Salary: 7,086 EGP per week
Estimated Hourly Salary: 177 EGP per hour
By working as Chief Credit Officer a person can save up to 771 USD per month or 9,251 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 Egypt, see costs of living in Egypt.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Sudan, Libya, Israel, Palestine, Jordan, Saudi Arabia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Chief Credit Officer
Sudan is 2,070 USD
Israel is 148,986 USD
Jordan is 25,883 USD
Saudi Arabia is 75,333 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 Egypt
(1,412,052 EGP per year, pre-tax.)
2. Cardiologist
(1,175,406 EGP per year, pre-tax.)
(1,134,944 EGP per year, pre-tax.)
4. Neurosurgeon
(1,099,654 EGP per year, pre-tax.)
(1,099,601 EGP per year, pre-tax.)
6. Oncologist
(1,077,110 EGP per year, pre-tax.)
(1,074,437 EGP per year, pre-tax.)
(1,074,313 EGP per year, pre-tax.)
(1,072,829 EGP per year, pre-tax.)
(1,071,663 EGP per year, pre-tax.)
Data as of 2025Random salary:
Repairer of finished metal (73,404 EGP per year, pre-tax.)
Family life educator (fle) (109,131 EGP per year, pre-tax.)
Speech therapy assistant (127,851 EGP per year, pre-tax.)
Wind turbine technician (105,731 EGP per year, pre-tax.)
Teacher in training (105,731 EGP per year, pre-tax.)
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