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Banking Branch Manager salary in Iraq

Average Yearly Salary of Banking Branch Manager in Iraq is approximately 10,308,856 IQD (6,966 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 Banking Branch Manager do?

occupation personasA banking branch manager is responsible for overseeing the operations of a bank branch. They manage a team of employees, including tellers, loan officers, and customer service representatives, ensuring that all daily activities are carried out efficiently and effectively. The branch manager is also responsible for developing and implementing strategies to attract new customers, retain existing ones, and meet sales targets. They handle customer complaints and inquiries, resolve issues, and ensure excellent customer service. Additionally, they monitor financial transactions, review branch performance, and prepare reports for senior management. A banking branch manager must have strong leadership and communication skills, as well as a thorough understanding of banking products and services. They should be knowledgeable about compliance regulations and risk management. This role requires excellent problem-solving abilities and the ability to work well under pressure.

Skills: Banking, Branch Manager, Leadership, Customer Service, Sales, Risk Management
Job industry: Banking


How much does Banking Branch Manager make?

Salary details
How much does Banking Branch Manager make?
Estimated Yearly Salary: 10,308,856 IQD
Estimated Monthly Salary: 859,071 IQD
Estimated Weekly Salary: 198,247 IQD per week
Estimated Hourly Salary: 4,956 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 9,982,752 IQD
Estimated Monthly Salary: 831,896 IQD
Estimated Weekly Salary: 191,976 IQD per week
Estimated Hourly Salary: 4,799 IQD per hour
Last revision of data: 2024-01-03



Banking Branch Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 6,966 USD
Estimated Monthly Salary: 581 USD
Estimated Weekly Salary: 134 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.

Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Branch Manager job salary compared to average salary in Iraq.
Comparison shows that a person working as Banking Branch Manager in Iraq earns on average:
1.26 times the average salary (or 126% of average salary).

Is Banking Branch Manager a well paid job?

Yes, our data shows that Banking Branch 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 Banking Branch Manager?

High salary for Banking Branch Manager would be somewhere between 11,339,742 IQD and 14,947,841 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Branch Manager in Iraq?

Living in Iraq the approximate monthly expenses are: 240 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: 10,308,856 IQD
Estimated Monthly Salary: 859,071 IQD
Estimated Weekly Salary: 198,247 IQD per week
Estimated Hourly Salary: 4,956 IQD per hour
By working as Banking Branch Manager a person can save up to 341 USD per month or 4,086 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 Iraq, see costs of living in Iraq.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Branch Manager

Iran is 9,171 USDup arrow 32%
Details on Banking Branch Manager salary in Iran
Jordan is 11,052 USDup arrow 59%
Details on Banking Branch Manager salary in Jordan
Kuwait is 15,636 USDup arrow 124%
Details on Banking Branch Manager salary in Kuwait
Saudi Arabia is 32,136 USDup arrow 361%
Details on Banking Branch Manager salary in Saudi Arabia
Syria is 4,257 USDdown arrow 39%
Details on Banking Branch Manager salary in Syria
Turkey is 12,317 USDup arrow 77%
Details on Banking Branch Manager salary in Turkey
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 Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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