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Bank Manager salary in Ethiopia

Average Yearly Salary of Bank Manager in Ethiopia is approximately 145,880 ETB (2,423 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 Bank Manager do?

occupation personasA bank manager is responsible for overseeing the operations of a bank branch or department. They are in charge of managing staff, ensuring customer satisfaction, and meeting financial goals. The bank manager's duties include setting sales targets, developing marketing strategies, and promoting banking products and services. They also handle customer inquiries, resolve complaints, and monitor transactions to prevent fraud. Additionally, bank managers analyze financial data, prepare reports, and make recommendations to improve profitability. They must stay updated on industry regulations and compliance requirements to ensure the bank's adherence to legal standards. Strong leadership, communication, and problem-solving skills are essential for success in this role.

Skills: Bank management, Customer service, Financial analysis, Sales strategy, Compliance, Leadership
Job industry: Banking


How much does Bank Manager make?

Salary details
How much does Bank Manager make?
Estimated Yearly Salary: 145,880 ETB
Estimated Monthly Salary: 12,157 ETB
Estimated Weekly Salary: 2,805 ETB per week
Estimated Hourly Salary: 70 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 140,640 ETB
Estimated Monthly Salary: 11,720 ETB
Estimated Weekly Salary: 2,705 ETB per week
Estimated Hourly Salary: 68 ETB per hour
Last revision of data: 2024-01-03



Bank Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 2,423 USD
Estimated Monthly Salary: 202 USD
Estimated Weekly Salary: 47 USD per week
Estimated Hourly Salary: 1 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

Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.

Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Bank Manager job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Bank Manager in Ethiopia earns on average:
1.39 times the average salary (or 139% of average salary).

Is Bank Manager a well paid job?

Yes, our data shows that Bank 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 Bank Manager?

High salary for Bank Manager would be somewhere between 160,468 ETB and 211,526 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Manager in Ethiopia?

Living in Ethiopia the approximate monthly expenses are: 77 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: 145,880 ETB
Estimated Monthly Salary: 12,157 ETB
Estimated Weekly Salary: 2,805 ETB per week
Estimated Hourly Salary: 70 ETB per hour
By working as Bank Manager a person can save up to 125 USD per month or 1,501 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 Ethiopia, see costs of living in Ethiopia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Manager

Sudan is 960 USDdown arrow 60%
Details on Bank Manager salary in Sudan
Kenya is 7,565 USDup arrow 212%
Details on Bank Manager salary in Kenya
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 Ethiopia

(1,198,707 ETB per year, pre-tax.)
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
(911,678 ETB per year, pre-tax.)

Data as of 2025

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The salary figures presented here are intended for informational purposes only.
optisalary.com offers salary estimates for educational purposes exclusively. While we collect data from multiple sources, we do not guarantee full accuracy. Users are advised to review trusted platforms before making any career decisions. Salaries shift due to numerous elements, such as market demand, employer policies, and geographic location. We make no warranty regarding the validity of the displayed salary data. Your continued access of this site indicates your understanding of these conditions.
This website presents salary data for reference use only. We strive to provide accurate figures, but cannot assure their precision. Users are urged to check official platforms before making employment choices. Salary ranges may vary due to company policies, market demands, and skills. We accept no liability for inconsistencies in the salary information provided. Your continued use with this site indicates understanding of this disclaimer.