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Branch Manager Banking salary in Iraq

Average Yearly Salary of Branch Manager Banking in Iraq is approximately 10,798,074 IQD (7,319 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 Branch Manager Banking do?

occupation personasA branch manager in an automotive dealership is responsible for overseeing the operations and performance of a specific branch or location. They are in charge of managing a team of salespeople, service technicians, and administrative staff to ensure efficient and profitable operations. The branch manager is responsible for setting sales targets, developing marketing strategies, and implementing customer service initiatives to drive sales and enhance customer satisfaction. They also handle inventory management, pricing, and negotiation with suppliers. Additionally, the branch manager is responsible for maintaining compliance with company policies, industry regulations, and safety standards. They should possess strong leadership and communication skills, as well as extensive knowledge of the automotive industry and market trends.

Skills: Automotive industry, Sales management, Team leadership, Customer service, Inventory management, Compliance.
Job industry: Banking


How much does Branch Manager Banking make?

Salary details
How much does Branch Manager Banking make?
Estimated Yearly Salary: 10,798,074 IQD
Estimated Monthly Salary: 899,840 IQD
Estimated Weekly Salary: 207,655 IQD per week
Estimated Hourly Salary: 5,191 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 10,467,366 IQD
Estimated Monthly Salary: 872,281 IQD
Estimated Weekly Salary: 201,296 IQD per week
Estimated Hourly Salary: 5,032 IQD per hour
Last revision of data: 2024-01-05



Branch Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 7,319 USD
Estimated Monthly Salary: 610 USD
Estimated Weekly Salary: 141 USD per week
Estimated Hourly Salary: 4 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 Branch Manager Banking job salary compared to average salary in Iraq.
Comparison shows that a person working as Branch Manager Banking in Iraq earns on average:
1.32 times the average salary (or 132% of average salary).

Is Branch Manager Banking a well paid job?

Yes, our data shows that 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 Branch Manager Banking?

High salary for Branch Manager Banking would be somewhere between 11,877,881 IQD and 15,657,207 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Banking 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: 10,798,074 IQD
Estimated Monthly Salary: 899,840 IQD
Estimated Weekly Salary: 207,655 IQD per week
Estimated Hourly Salary: 5,191 IQD per hour
By working as Branch Manager Banking a person can save up to 370 USD per month or 4,439 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 Branch Manager Banking

Iran is 9,609 USDup arrow 31%
Details on Branch Manager Banking salary in Iran
Jordan is 11,536 USDup arrow 58%
Details on Branch Manager Banking salary in Jordan
Kuwait is 16,298 USDup arrow 123%
Details on Branch Manager Banking salary in Kuwait
Saudi Arabia is 33,643 USDup arrow 360%
Details on Branch Manager Banking salary in Saudi Arabia
Syria is 4,482 USDdown arrow 39%
Details on Branch Manager Banking salary in Syria
Turkey is 12,907 USDup arrow 76%
Details on Branch Manager Banking 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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