Home > Salary > Iraq > Commercial Lender
A commercial lender is responsible for evaluating loan applications and providing financial assistance to businesses and organizations. They assess the creditworthiness of borrowers, analyze financial statements, and review business plans to determine the feasibility of granting loans. Commercial lenders also negotiate loan terms and conditions, including interest rates and repayment schedules, while ensuring compliance with lending regulations and policies. They maintain relationships with clients, provide guidance on financial matters, and monitor loan performance. Additionally, commercial lenders may collaborate with other professionals such as underwriters, appraisers, and attorneys to complete loan transactions.
Estimated Yearly Salary: 14,351,084 IQD
Estimated Monthly Salary: 1,195,924 IQD
Estimated Weekly Salary: 275,982 IQD per week
Estimated Hourly Salary: 6,900 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,154,972 IQD
Estimated Weekly Salary: 266,532 IQD per week
Estimated Hourly Salary: 6,663 IQD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 9,679 USD
Estimated Monthly Salary: 807 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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: 14,351,084 IQD
Estimated Monthly Salary: 1,195,924 IQD
Estimated Weekly Salary: 275,982 IQD per week
Estimated Hourly Salary: 6,900 IQD per hour
By working as Commercial Lender a person can save up to 567 USD per month or 6,799 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 Commercial Lender
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Lender salary in Iraq
Average Yearly Salary of Commercial Lender in Iraq is approximately 14,351,084 IQD (9,679 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 Commercial Lender do?
A commercial lender is responsible for evaluating loan applications and providing financial assistance to businesses and organizations. They assess the creditworthiness of borrowers, analyze financial statements, and review business plans to determine the feasibility of granting loans. Commercial lenders also negotiate loan terms and conditions, including interest rates and repayment schedules, while ensuring compliance with lending regulations and policies. They maintain relationships with clients, provide guidance on financial matters, and monitor loan performance. Additionally, commercial lenders may collaborate with other professionals such as underwriters, appraisers, and attorneys to complete loan transactions.
Skills: commercial lending, financial analysis, loan evaluation, credit assessment, loan negotiation, risk management
Job industry: Finance
Job industry: Finance
How much does Commercial Lender make?
Salary details
How much does Commercial Lender make?Estimated Yearly Salary: 14,351,084 IQD
Estimated Monthly Salary: 1,195,924 IQD
Estimated Weekly Salary: 275,982 IQD per week
Estimated Hourly Salary: 6,900 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,859,664 IQDEstimated Monthly Salary: 1,154,972 IQD
Estimated Weekly Salary: 266,532 IQD per week
Estimated Hourly Salary: 6,663 IQD per hour
Last revision of data: 2024-01-05Commercial Lender estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,679 USD
Estimated Monthly Salary: 807 USD
Estimated Weekly Salary: 186 USD per week
Estimated Hourly Salary: 5 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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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 Commercial Lender job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Lender in Iraq earns on average:
1.76 times the average salary (or 176% 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 Commercial Lender job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Lender in Iraq earns on average:
1.76 times the average salary (or 176% of average salary).
Is Commercial Lender a well paid job?
Yes, our data shows that Commercial Lender 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 Commercial Lender?
High salary for Commercial Lender would be somewhere between 15,786,192 IQD and 20,809,072 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial Lender 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: 14,351,084 IQD
Estimated Monthly Salary: 1,195,924 IQD
Estimated Weekly Salary: 275,982 IQD per week
Estimated Hourly Salary: 6,900 IQD per hour
By working as Commercial Lender a person can save up to 567 USD per month or 6,799 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 Commercial Lender
Iran is 12,777 USD
Jordan is 15,366 USD
Kuwait is 21,670 USD
Saudi Arabia is 44,381 USD
Syria is 5,935 USD
Turkey is 17,087 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:
Strategic alliance account manager (16,282,734 IQD per year, pre-tax.)
Anesthesia technician (6,619,630 IQD per year, pre-tax.)
Fire fighter (8,695,081 IQD per year, pre-tax.)
Board operator (4,265,196 IQD per year, pre-tax.)
Office operations supervisor (10,176,894 IQD per year, pre-tax.)
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