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Commercial Banker salary in Ethiopia

Average Yearly Salary of Commercial Banker in Ethiopia is approximately 201,480 ETB (3,352 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 Commercial Banker do?

occupation personasA commercial banker is a professional who works in the banking industry, specifically focusing on providing financial services to businesses and corporations. Their primary role is to assist businesses in managing their financial needs, such as loans, credit lines, cash management, and investment options. Commercial bankers evaluate the creditworthiness of businesses, analyze financial statements, and develop customized financial solutions to meet their clients' requirements. They also build and maintain relationships with clients, ensuring excellent customer service and offering advice on financial strategies and products. Commercial bankers collaborate with various departments within the bank to ensure seamless operations and deliver comprehensive financial solutions to businesses. This occupation requires strong analytical skills, financial knowledge, and excellent communication and interpersonal abilities.

Skills: Commercial Banker, Financial Services, Business Loans, Credit Analysis, Cash Management, Relationship Management
Job industry: Finance


How much does Commercial Banker make?

Salary details
How much does Commercial Banker make?
Estimated Yearly Salary: 201,480 ETB
Estimated Monthly Salary: 16,790 ETB
Estimated Weekly Salary: 3,875 ETB per week
Estimated Hourly Salary: 97 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 194,640 ETB
Estimated Monthly Salary: 16,220 ETB
Estimated Weekly Salary: 3,743 ETB per week
Estimated Hourly Salary: 94 ETB per hour
Last revision of data: 2024-01-07



Commercial Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,352 USD
Estimated Monthly Salary: 279 USD
Estimated Weekly Salary: 64 USD per week
Estimated Hourly Salary: 2 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 Commercial Banker job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Commercial Banker in Ethiopia earns on average:
1.91 times the average salary (or 191% of average salary).

Is Commercial Banker a well paid job?

Yes, our data shows that Commercial Banker 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 Commercial Banker?

High salary for Commercial Banker would be somewhere between 221,628 ETB and 292,146 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Commercial Banker 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: 201,480 ETB
Estimated Monthly Salary: 16,790 ETB
Estimated Weekly Salary: 3,875 ETB per week
Estimated Hourly Salary: 97 ETB per hour
By working as Commercial Banker a person can save up to 203 USD per month or 2,430 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 Commercial Banker

Sudan is 1,328 USDdown arrow 60%
Details on Commercial Banker salary in Sudan
Kenya is 10,452 USDup arrow 212%
Details on Commercial Banker 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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Please note:
The salary data presented here are meant for informational purposes only.
This website presents salary data for informational purposes only. We attempt to provide reliable figures, but cannot assure their precision. Users are encouraged to check official sources before making employment choices. Salary ranges can vary due to geographic location, experience, and industry trends. We assume no responsibility for errors in the salary information provided. Your engagement with this site indicates understanding of this policy.
The salary data on this site is intended for reference purposes exclusively. We provide salary insights based on multiple datasets, but do not guarantee absolute precision. Users should consistently cross-check salary details with other trusted sources before making career-related decisions. Variations in salary amounts may occur due to various circumstances, including company policies, market demand, and individual skills. We do not extend any warranty regarding the completeness of the provided salary data. Use of this website implies acceptance of these conditions.