Home > Salary > Ethiopia > Relationship Manager Banking
A Relationship Manager in banking is responsible for managing and developing relationships with clients, primarily focusing on high net worth individuals or corporate clients. They act as a point of contact for clients, understanding their financial needs and offering appropriate banking solutions. Relationship Managers analyze clients' financial situations, provide advice on investment opportunities, and recommend suitable banking products and services. They also ensure client satisfaction by addressing any concerns or issues promptly and effectively. Building long-term relationships with clients and actively seeking new business opportunities are key aspects of this role.
Estimated Yearly Salary: 196,246 ETB
Estimated Monthly Salary: 16,354 ETB
Estimated Weekly Salary: 3,774 ETB per week
Estimated Hourly Salary: 94 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,800 ETB
Estimated Weekly Salary: 3,646 ETB per week
Estimated Hourly Salary: 91 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 3,266 USD
Estimated Monthly Salary: 272 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 196,246 ETB
Estimated Monthly Salary: 16,354 ETB
Estimated Weekly Salary: 3,774 ETB per week
Estimated Hourly Salary: 94 ETB per hour
By working as Relationship Manager Banking a person can save up to 195 USD per month or 2,344 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 Relationship Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Behavioral psychologist (126,259 ETB per year, pre-tax.)
Housekeeping manager (101,647 ETB per year, pre-tax.)
Instrument cleaning technician (49,430 ETB per year, pre-tax.)
Front deskreceptionist medical or dental office (47,404 ETB per year, pre-tax.)
Director of patient care services (227,280 ETB per year, pre-tax.)
Relationship Manager Banking salary in Ethiopia
Average Yearly Salary of Relationship Manager Banking in Ethiopia is approximately 196,246 ETB (3,266 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 Relationship Manager Banking do?
A Relationship Manager in banking is responsible for managing and developing relationships with clients, primarily focusing on high net worth individuals or corporate clients. They act as a point of contact for clients, understanding their financial needs and offering appropriate banking solutions. Relationship Managers analyze clients' financial situations, provide advice on investment opportunities, and recommend suitable banking products and services. They also ensure client satisfaction by addressing any concerns or issues promptly and effectively. Building long-term relationships with clients and actively seeking new business opportunities are key aspects of this role.
Skills: Relationship Manager, Banking, Client Relationship, Financial Advisory, Sales, Customer Service
Job industry: Banking
Job industry: Banking
How much does Relationship Manager Banking make?
Salary details
How much does Relationship Manager Banking make?Estimated Yearly Salary: 196,246 ETB
Estimated Monthly Salary: 16,354 ETB
Estimated Weekly Salary: 3,774 ETB per week
Estimated Hourly Salary: 94 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 189,600 ETBEstimated Monthly Salary: 15,800 ETB
Estimated Weekly Salary: 3,646 ETB per week
Estimated Hourly Salary: 91 ETB per hour
Last revision of data: 2024-01-03Relationship Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,266 USD
Estimated Monthly Salary: 272 USD
Estimated Weekly Salary: 63 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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 Relationship Manager Banking job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Relationship Manager Banking in Ethiopia earns on average:
1.87 times the average salary (or 187% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Relationship Manager Banking job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Relationship Manager Banking in Ethiopia earns on average:
1.87 times the average salary (or 187% of average salary).
Is Relationship Manager Banking a well paid job?
Yes, our data shows that Relationship Manager 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 Relationship Manager Banking?
High salary for Relationship Manager Banking would be somewhere between 215,871 ETB and 284,557 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Relationship Manager Banking 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: 196,246 ETB
Estimated Monthly Salary: 16,354 ETB
Estimated Weekly Salary: 3,774 ETB per week
Estimated Hourly Salary: 94 ETB per hour
By working as Relationship Manager Banking a person can save up to 195 USD per month or 2,344 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 Relationship Manager Banking
Sudan is 1,298 USD
Kenya is 10,185 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:
Behavioral psychologist (126,259 ETB per year, pre-tax.)
Housekeeping manager (101,647 ETB per year, pre-tax.)
Instrument cleaning technician (49,430 ETB per year, pre-tax.)
Front deskreceptionist medical or dental office (47,404 ETB per year, pre-tax.)
Director of patient care services (227,280 ETB per year, pre-tax.)
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