Home > Salary > Iceland > Vice President Branch Manager Banking
The occupation of a Vice President Branch Manager in banking involves overseeing the operations and performance of a bank branch. They are responsible for managing a team of employees, ensuring customer satisfaction, and achieving branch targets. The Vice President Branch Manager is involved in developing and implementing strategies to increase business growth, managing financial resources, and maintaining compliance with banking regulations. They also handle customer inquiries, resolve issues, and promote banking products and services.
Estimated Yearly Salary: 14,813,977 ISK
Estimated Monthly Salary: 1,234,498 ISK
Estimated Weekly Salary: 284,884 ISK per week
Estimated Hourly Salary: 7,122 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 104,148 USD
Estimated Monthly Salary: 8,679 USD
Estimated Weekly Salary: 2,003 USD per week
Estimated Hourly Salary: 50 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: 14,813,977 ISK
Estimated Monthly Salary: 1,234,498 ISK
Estimated Weekly Salary: 284,884 ISK per week
Estimated Hourly Salary: 7,122 ISK per hour
By working as Vice President Branch Manager Banking a person can save up to 5,950 USD per month or 71,402 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 Iceland, see costs of living in Iceland.
Estimated Yearly Salary for Vice President Branch Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Vice President Branch Manager Banking salary in Iceland
Average Yearly Salary of Vice President Branch Manager Banking in Iceland is approximately 14,813,977 ISK (104,148 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 Vice President Branch Manager Banking do?
The occupation of a Vice President Branch Manager in banking involves overseeing the operations and performance of a bank branch. They are responsible for managing a team of employees, ensuring customer satisfaction, and achieving branch targets. The Vice President Branch Manager is involved in developing and implementing strategies to increase business growth, managing financial resources, and maintaining compliance with banking regulations. They also handle customer inquiries, resolve issues, and promote banking products and services.
Skills: Vice President, Branch Manager, Banking, Operations Management, Team Leadership, Customer Service, Business Growth
Job industry: Banking
Job industry: Banking
How much does Vice President Branch Manager Banking make?
Salary details
How much does Vice President Branch Manager Banking make?Estimated Yearly Salary: 14,813,977 ISK
Estimated Monthly Salary: 1,234,498 ISK
Estimated Weekly Salary: 284,884 ISK per week
Estimated Hourly Salary: 7,122 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 14,355,198 ISKEstimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Last revision of data: 2024-01-05Vice President Branch Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 104,148 USD
Estimated Monthly Salary: 8,679 USD
Estimated Weekly Salary: 2,003 USD per week
Estimated Hourly Salary: 50 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
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Vice President Branch Manager Banking job salary compared to average salary in Iceland.
Comparison shows that a person working as Vice President Branch Manager Banking in Iceland earns on average:
1.66 times the average salary (or 166% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Vice President Branch Manager Banking job salary compared to average salary in Iceland.
Comparison shows that a person working as Vice President Branch Manager Banking in Iceland earns on average:
1.66 times the average salary (or 166% of average salary).
Is Vice President Branch Manager Banking a well paid job?
Yes, our data shows that Vice President Branch 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 Vice President Branch Manager Banking?
High salary for Vice President Branch Manager Banking would be somewhere between 16,295,375 ISK and 21,480,267 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Vice President Branch Manager Banking in Iceland?
Living in Iceland the approximate monthly expenses are: 2,729 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: 14,813,977 ISK
Estimated Monthly Salary: 1,234,498 ISK
Estimated Weekly Salary: 284,884 ISK per week
Estimated Hourly Salary: 7,122 ISK per hour
By working as Vice President Branch Manager Banking a person can save up to 5,950 USD per month or 71,402 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 Iceland, see costs of living in Iceland.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Faroe Islands, United Kingdom. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Vice President Branch Manager Banking
Norway is 145,266 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Certified medical assistant (cma) (6,167,447 ISK per year, pre-tax.)
Therapy technician (3,479,555 ISK per year, pre-tax.)
Laundry supervisor (4,206,345 ISK per year, pre-tax.)
Chemical research technician (7,196,282 ISK per year, pre-tax.)
Paint production supervisor (8,777,887 ISK per year, pre-tax.)
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