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Business Banking Relationship Manager salary in Estonia

Average Yearly Salary of Business Banking Relationship Manager in Estonia is approximately 48,891 EUR (48,953 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 Relationship Manager do?

occupation personasA Business Banking Relationship Manager is responsible for managing and developing relationships with business clients in the banking industry. They act as a key point of contact for their clients, providing financial advice, solutions, and services to help businesses achieve their financial goals. The role involves analyzing the financial needs of clients, assessing their creditworthiness, and recommending suitable banking products and services such as loans, credit lines, cash management solutions, and investment options. They also assist with account opening, onboarding, and ongoing account maintenance. Building strong relationships with clients is crucial, as Relationship Managers strive to understand their clients' businesses and tailor banking solutions to meet their specific needs. They may also collaborate with other departments within the bank, such as credit risk and underwriting teams, to ensure a smooth and efficient banking experience for their clients.

Skills: Business banking, Relationship management, Financial advisory, Credit analysis, Account management, Client acquisition.
Job industry: Banking


How much does Business Banking Relationship Manager make?

Salary details
How much does Business Banking Relationship Manager make?
Estimated Yearly Salary: 48,891 EUR
Estimated Monthly Salary: 4,074 EUR
Estimated Weekly Salary: 940 EUR per week
Estimated Hourly Salary: 24 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 47,300 EUR
Estimated Monthly Salary: 3,942 EUR
Estimated Weekly Salary: 910 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Last revision of data: 2024-01-09



Business Banking Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 48,953 USD
Estimated Monthly Salary: 4,079 USD
Estimated Weekly Salary: 941 USD per week
Estimated Hourly Salary: 24 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."

Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Business Banking Relationship Manager job salary compared to average salary in Estonia.
Comparison shows that a person working as Business Banking Relationship Manager in Estonia earns on average:
1.94 times the average salary (or 194% of average salary).

Is Business Banking Relationship Manager a well paid job?

Yes, our data shows that Business Banking Relationship 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 Business Banking Relationship Manager?

High salary for Business Banking Relationship Manager would be somewhere between 53,780 EUR and 70,892 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Banking Relationship Manager in Estonia?

Living in Estonia the approximate monthly expenses are: 1,106 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: 48,891 EUR
Estimated Monthly Salary: 4,074 EUR
Estimated Weekly Salary: 940 EUR per week
Estimated Hourly Salary: 24 EUR per hour
By working as Business Banking Relationship Manager a person can save up to 2,974 USD per month or 35,686 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 Estonia, see costs of living in Estonia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Russia, Latvia, Finland..
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 Relationship Manager

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 Estonia

(288,066 EUR per year, pre-tax.)
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
(218,557 EUR per year, pre-tax.)

Data as of 2025

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