Home > Salary > Ethiopia > Private Banker
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Estimated Yearly Salary: 163,366 ETB
Estimated Monthly Salary: 13,614 ETB
Estimated Weekly Salary: 3,142 ETB per week
Estimated Hourly Salary: 79 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,185 ETB
Estimated Weekly Salary: 3,043 ETB per week
Estimated Hourly Salary: 76 ETB per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 2,732 USD
Estimated Monthly Salary: 228 USD
Estimated Weekly Salary: 53 USD per week
Estimated Hourly Salary: 1 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: 163,366 ETB
Estimated Monthly Salary: 13,614 ETB
Estimated Weekly Salary: 3,142 ETB per week
Estimated Hourly Salary: 79 ETB per hour
By working as Private Banker a person can save up to 151 USD per month or 1,810 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.
Estimated Yearly Salary for Private Banker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Major fundraising officer (128,100 ETB per year, pre-tax.)
Electrical engineering manager (231,475 ETB per year, pre-tax.)
Appliance service representative (55,260 ETB per year, pre-tax.)
Quality analyst ii (97,873 ETB per year, pre-tax.)
Restaurant cook (80,911 ETB per year, pre-tax.)
Private Banker salary in Ethiopia
Average Yearly Salary of Private Banker in Ethiopia is approximately 163,366 ETB (2,732 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 Private Banker do?
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Skills: private banking, wealth management, investment advisory, financial planning, high-net-worth clients, personalized banking services.
Job industry: Finance
Job industry: Finance
How much does Private Banker make?
Salary details
How much does Private Banker make?Estimated Yearly Salary: 163,366 ETB
Estimated Monthly Salary: 13,614 ETB
Estimated Weekly Salary: 3,142 ETB per week
Estimated Hourly Salary: 79 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 158,220 ETBEstimated Monthly Salary: 13,185 ETB
Estimated Weekly Salary: 3,043 ETB per week
Estimated Hourly Salary: 76 ETB per hour
Last revision of data: 2024-01-09Private Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,732 USD
Estimated Monthly Salary: 228 USD
Estimated Weekly Salary: 53 USD per week
Estimated Hourly Salary: 1 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
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 Private Banker job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Banker in Ethiopia earns on average:
1.55 times the average salary (or 155% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Private Banker in Ethiopia earns on average:
1.55 times the average salary (or 155% of average salary).
Is Private Banker a well paid job?
Yes, our data shows that Private 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 Private Banker?
High salary for Private Banker would be somewhere between 179,703 ETB and 236,881 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Private 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: 163,366 ETB
Estimated Monthly Salary: 13,614 ETB
Estimated Weekly Salary: 3,142 ETB per week
Estimated Hourly Salary: 79 ETB per hour
By working as Private Banker a person can save up to 151 USD per month or 1,810 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 Private Banker
Sudan is 1,078 USD
Kenya is 8,557 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 Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Major fundraising officer (128,100 ETB per year, pre-tax.)
Electrical engineering manager (231,475 ETB per year, pre-tax.)
Appliance service representative (55,260 ETB per year, pre-tax.)
Quality analyst ii (97,873 ETB per year, pre-tax.)
Restaurant cook (80,911 ETB 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=ethiopia&job=private-banker'><img src='https://optisalary.com/wp-content/graphs/salary/private-banker-salary-in-ethiopia-2025.jpg' alt='private banker salary in ethiopia 2025' title='private banker salary in ethiopia 2025' /></a>
Please note:This website offers salary estimates for educational purposes exclusively.
All salary data on this website are for informational purposes exclusively. We compile data from various trusted sources, yet do not ensure complete precision. Before making financial choices, visitors should consult additional verified sources. Salaries fluctuate due to various factors, including economic conditions, job market trends, and geographic location. We disclaim any liability for errors in the salary estimates provided here. Your use with this website constitutes agreement of this policy.
optisalary.com offers salary estimates for educational purposes exclusively. While we collect data from various sources, we do not ensure absolute reliability. Users are encouraged to consult trusted organizations before making any career decisions. Salaries shift due to various factors, such as experience, industry trends, and negotiation tactics. We make no warranty regarding the correctness of the displayed salary figures. Your use of this site indicates your acceptance of these conditions.