Home > Salary > Kenya > Retail Banker
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Estimated Yearly Salary: 586,254 KES
Estimated Monthly Salary: 48,855 KES
Estimated Weekly Salary: 11,274 KES per week
Estimated Hourly Salary: 282 KES per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 47,361 KES
Estimated Weekly Salary: 10,929 KES per week
Estimated Hourly Salary: 273 KES per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 3,735 USD
Estimated Monthly Salary: 311 USD
Estimated Weekly Salary: 72 USD per week
Estimated Hourly Salary: 2 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: 586,254 KES
Estimated Monthly Salary: 48,855 KES
Estimated Weekly Salary: 11,274 KES per week
Estimated Hourly Salary: 282 KES per hour
By working as Retail Banker a person can save up to 71 USD per month or 855 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 Kenya, see costs of living in Kenya.
Estimated Yearly Salary for Retail Banker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Order filler (619,523 KES per year, pre-tax.)
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Radio frequency (rf), engineer (1,236,976 KES per year, pre-tax.)
Hotel manager (660,745 KES per year, pre-tax.)
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Retail Banker salary in Kenya
Average Yearly Salary of Retail Banker in Kenya is approximately 586,254 KES (3,735 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 Retail Banker do?
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Skills: retail banker, banking services, financial advisor, customer relationship management, account management, financial products
Job industry: Banking
Job industry: Banking
How much does Retail Banker make?
Salary details
How much does Retail Banker make?Estimated Yearly Salary: 586,254 KES
Estimated Monthly Salary: 48,855 KES
Estimated Weekly Salary: 11,274 KES per week
Estimated Hourly Salary: 282 KES per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 568,326 KESEstimated Monthly Salary: 47,361 KES
Estimated Weekly Salary: 10,929 KES per week
Estimated Hourly Salary: 273 KES per hour
Last revision of data: 2024-01-06Retail Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,735 USD
Estimated Monthly Salary: 311 USD
Estimated Weekly Salary: 72 USD per week
Estimated Hourly Salary: 2 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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Salary comparison to National average
Kenya is a country located in East Africa. It has a diverse population of approximately 53 million people. The land area of Kenya is around 580,367 square kilometers, making it the 48th largest country in the world. It is bordered by Ethiopia to the north, Somalia to the northeast, Tanzania to the south, Uganda to the west, and South Sudan to the northwest.
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in Kenya.
Comparison shows that a person working as Retail Banker in Kenya earns on average:
0.67 times the average salary (or 67% of average salary).
Estimated national average yearly salary is 869,520 KES (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in Kenya.
Comparison shows that a person working as Retail Banker in Kenya earns on average:
0.67 times the average salary (or 67% of average salary).
Is Retail Banker a well paid job?
No, our data shows that Retail Banker is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Banker might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Retail Banker?
High salary for Retail Banker would be somewhere between 644,879 KES and 850,068 KES. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banker in Kenya?
Living in Kenya 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: 586,254 KES
Estimated Monthly Salary: 48,855 KES
Estimated Weekly Salary: 11,274 KES per week
Estimated Hourly Salary: 282 KES per hour
By working as Retail Banker a person can save up to 71 USD per month or 855 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 Kenya, see costs of living in Kenya.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ethiopia, Somalia, South Sudan, Tanzania, Uganda.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Retail Banker
Ethiopia is 1,187 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 Kenya
(9,866,711 KES per year, pre-tax.)
2. Cardiologist
(8,249,858 KES per year, pre-tax.)
(7,939,285 KES per year, pre-tax.)
4. Neurosurgeon
(7,706,816 KES per year, pre-tax.)
(7,676,980 KES per year, pre-tax.)
(7,545,448 KES per year, pre-tax.)
(7,519,239 KES per year, pre-tax.)
8. Urologist
(7,514,557 KES per year, pre-tax.)
9. Oncologist
(7,503,914 KES per year, pre-tax.)
(7,503,863 KES per year, pre-tax.)
Data as of 2025Random salary:
Order filler (619,523 KES per year, pre-tax.)
Hearing officer (806,723 KES per year, pre-tax.)
Radio frequency (rf), engineer (1,236,976 KES per year, pre-tax.)
Hotel manager (660,745 KES per year, pre-tax.)
Circus animal trainer (723,324 KES per year, pre-tax.)
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