Home > Salary > Iraq > Banking Director
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
Estimated Yearly Salary: 16,499,757 IQD
Estimated Monthly Salary: 1,374,980 IQD
Estimated Weekly Salary: 317,303 IQD per week
Estimated Hourly Salary: 7,933 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,332,689 IQD
Estimated Weekly Salary: 307,544 IQD per week
Estimated Hourly Salary: 7,689 IQD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 11,131 USD
Estimated Monthly Salary: 928 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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: 16,499,757 IQD
Estimated Monthly Salary: 1,374,980 IQD
Estimated Weekly Salary: 317,303 IQD per week
Estimated Hourly Salary: 7,933 IQD per hour
By working as Banking Director a person can save up to 688 USD per month or 8,251 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.
Estimated Yearly Salary for Banking Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Transportation specialist (4,758,716 IQD per year, pre-tax.)
Unlicensed architect (6,056,548 IQD per year, pre-tax.)
Corporate legal specialist (11,258,034 IQD per year, pre-tax.)
Rapid response nurse (8,147,499 IQD per year, pre-tax.)
Utility locator (4,470,309 IQD per year, pre-tax.)
Banking Director salary in Iraq
Average Yearly Salary of Banking Director in Iraq is approximately 16,499,757 IQD (11,131 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 Director do?
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
How much does Banking Director make?
Salary details
How much does Banking Director make?Estimated Yearly Salary: 16,499,757 IQD
Estimated Monthly Salary: 1,374,980 IQD
Estimated Weekly Salary: 317,303 IQD per week
Estimated Hourly Salary: 7,933 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 15,992,262 IQDEstimated Monthly Salary: 1,332,689 IQD
Estimated Weekly Salary: 307,544 IQD per week
Estimated Hourly Salary: 7,689 IQD per hour
Last revision of data: 2024-01-02Banking Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 11,131 USD
Estimated Monthly Salary: 928 USD
Estimated Weekly Salary: 214 USD per week
Estimated Hourly Salary: 5 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
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 Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Banking Director in Iraq earns on average:
2.02 times the average salary (or 202% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Banking Director in Iraq earns on average:
2.02 times the average salary (or 202% of average salary).
Is Banking Director a well paid job?
Yes, our data show that Banking Director is a very 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 Director?
High salary for Banking Director would be somewhere between 18,149,733 IQD and 23,924,648 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Director 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: 16,499,757 IQD
Estimated Monthly Salary: 1,374,980 IQD
Estimated Weekly Salary: 317,303 IQD per week
Estimated Hourly Salary: 7,933 IQD per hour
By working as Banking Director a person can save up to 688 USD per month or 8,251 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 Director
Iran is 14,713 USD
Jordan is 17,733 USD
Kuwait is 25,025 USD
Saudi Arabia is 51,211 USD
Syria is 6,846 USD
Turkey is 19,687 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Transportation specialist (4,758,716 IQD per year, pre-tax.)
Unlicensed architect (6,056,548 IQD per year, pre-tax.)
Corporate legal specialist (11,258,034 IQD per year, pre-tax.)
Rapid response nurse (8,147,499 IQD per year, pre-tax.)
Utility locator (4,470,309 IQD 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=iraq&job=banking-director'><img src='https://optisalary.com/wp-content/graphs/salary/banking-director-salary-in-iraq-2025.jpg' alt='banking director salary in iraq 2025' title='banking director salary in iraq 2025' /></a>
Please note:This website presents salary estimates for educational purposes only.
The salary data on this site is designed for informational purposes exclusively. We provide salary insights based on multiple sources, but cannot guarantee complete accuracy. Users should always verify salary details with other trusted sources before making financial decisions. Fluctuations in salary amounts may occur due to various factors, including company policies, market demand, and individual skills. We do not extend any warranty regarding the entirety of the displayed salary data. Use of this website implies acknowledgment of these terms.
This website aggregates salary information for reference purposes exclusively. While we strive to deliver correct estimates, we do not ensure their absolute precision. Users are strongly encouraged to check with additional databases before finalizing financial plans. Salary figures vary based on several conditions, such as location, job role, and individual qualifications. We make no claims as to the validity of the provided information. Your access of this site indicates acceptance of this notice.