Home > Salary > Egypt > Underwriter Business Banking
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Estimated Yearly Salary: 170,587 EGP
Estimated Monthly Salary: 14,216 EGP
Estimated Weekly Salary: 3,281 EGP per week
Estimated Hourly Salary: 82 EGP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,764 EGP
Estimated Weekly Salary: 3,176 EGP per week
Estimated Hourly Salary: 79 EGP per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 5,162 USD
Estimated Monthly Salary: 430 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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: 170,587 EGP
Estimated Monthly Salary: 14,216 EGP
Estimated Weekly Salary: 3,281 EGP per week
Estimated Hourly Salary: 82 EGP per hour
By working as Underwriter Business Banking a person can save up to 266 USD per month or 3,194 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 Underwriter Business Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Audit supervisor (154,594 EGP per year, pre-tax.)
Writer (107,882 EGP per year, pre-tax.)
Paper science engineer (156,818 EGP per year, pre-tax.)
Flight operations manager (134,575 EGP per year, pre-tax.)
Dog walker (61,170 EGP per year, pre-tax.)
Underwriter Business Banking salary in Egypt
Average Yearly Salary of Underwriter Business Banking in Egypt is approximately 170,587 EGP (5,162 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 Underwriter Business Banking do?
An underwriter in business banking is responsible for assessing and evaluating loan applications and creditworthiness of businesses. They analyze financial statements, cash flow projections, market trends, and risk factors to determine the viability of lending to a company. Underwriters also review collateral and ensure compliance with lending policies and regulations. They communicate with clients, gather necessary documentation, and provide recommendations for loan approval or denial. Additionally, underwriters monitor existing loans, assess potential risks, and make recommendations for modifications or renewals. This role requires strong analytical skills, attention to detail, and knowledge of financial markets and lending practices.
Skills: underwriter, business banking, credit analysis, risk assessment, financial analysis, loan approval.
Job industry: Banking
Job industry: Banking
How much does Underwriter Business Banking make?
Salary details
How much does Underwriter Business Banking make?Estimated Yearly Salary: 170,587 EGP
Estimated Monthly Salary: 14,216 EGP
Estimated Weekly Salary: 3,281 EGP per week
Estimated Hourly Salary: 82 EGP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 165,165 EGPEstimated Monthly Salary: 13,764 EGP
Estimated Weekly Salary: 3,176 EGP per week
Estimated Hourly Salary: 79 EGP per hour
Last revision of data: 2024-01-07Underwriter Business Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,162 USD
Estimated Monthly Salary: 430 USD
Estimated Weekly Salary: 99 USD per week
Estimated Hourly Salary: 2 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Underwriter Business Banking job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Business Banking in Egypt earns on average:
1.36 times the average salary (or 136% of average salary).
Estimated national average yearly salary is 125,870 EGP (4,100 USD). Value indicated is pre-tax. Below graph shows estimated Underwriter Business Banking job salary compared to average salary in Egypt.
Comparison shows that a person working as Underwriter Business Banking in Egypt earns on average:
1.36 times the average salary (or 136% of average salary).
Is Underwriter Business Banking a well paid job?
Yes, our data shows that Underwriter Business Banking 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 Underwriter Business Banking?
High salary for Underwriter Business Banking would be somewhere between 187,646 EGP and 247,351 EGP. However this is an estimation based on Gaussian Distribution.How much can you save working as Underwriter Business Banking 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: 170,587 EGP
Estimated Monthly Salary: 14,216 EGP
Estimated Weekly Salary: 3,281 EGP per week
Estimated Hourly Salary: 82 EGP per hour
By working as Underwriter Business Banking a person can save up to 266 USD per month or 3,194 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 Underwriter Business Banking
Sudan is 959 USD
Israel is 69,276 USD
Jordan is 11,959 USD
Saudi Arabia is 34,913 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:
Audit supervisor (154,594 EGP per year, pre-tax.)
Writer (107,882 EGP per year, pre-tax.)
Paper science engineer (156,818 EGP per year, pre-tax.)
Flight operations manager (134,575 EGP per year, pre-tax.)
Dog walker (61,170 EGP per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=egypt&job=underwriter-business-banking'><img src='https://optisalary.com/wp-content/graphs/salary/underwriter-business-banking-salary-in-egypt-2025.jpg' alt='underwriter business banking salary in egypt 2025' title='underwriter business banking salary in egypt 2025' /></a>
Please note:The salary figures presented here are meant for informational purposes solely.
All salary data on this website are for informational use exclusively. We compile data from numerous reliable databases, yet cannot ensure complete precision. Before making financial choices, users should consult external authoritative sources. Salaries change due to various factors, including economic conditions, job market trends, and geographic location. We disclaim any liability for errors in the salary information provided here. Your engagement with this website indicates agreement of this disclaimer.
Salary data displayed on this site is informational only. Our figures are compiled various inputs, but we cannot guarantee their accuracy. Users must always verify salary details with additional platforms before making financial commitments. Salaries fluctuate due to individual experience, market demand, and employer policies. We make no assurances about the validity of the provided salary data. By navigating this site, you acknowledge these limitations.