Home > Salary > Kuwait > 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: 74,285 KWD
Estimated Monthly Salary: 6,190 KWD
Estimated Weekly Salary: 1,429 KWD per week
Estimated Hourly Salary: 36 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,995 KWD
Estimated Weekly Salary: 1,383 KWD per week
Estimated Hourly Salary: 35 KWD per hour
Last revision of data: 2024-02-12
Estimated Yearly Salary: 25,025 USD
Estimated Monthly Salary: 2,085 USD
Estimated Weekly Salary: 481 USD per week
Estimated Hourly Salary: 12 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: 74,285 KWD
Estimated Monthly Salary: 6,190 KWD
Estimated Weekly Salary: 1,429 KWD per week
Estimated Hourly Salary: 36 KWD per hour
By working as Banking Director a person can save up to 485 USD per month or 5,825 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 Kuwait, see costs of living in Kuwait.
Estimated Yearly Salary for Banking Director
Last revision of data: 2025-01-04
Data as of 2025
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Banking Director salary in Kuwait
Average Yearly Salary of Banking Director in Kuwait is approximately 74,285 KWD (25,025 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: 74,285 KWD
Estimated Monthly Salary: 6,190 KWD
Estimated Weekly Salary: 1,429 KWD per week
Estimated Hourly Salary: 36 KWD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 71,940 KWDEstimated Monthly Salary: 5,995 KWD
Estimated Weekly Salary: 1,383 KWD per week
Estimated Hourly Salary: 35 KWD per hour
Last revision of data: 2024-02-12Banking Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,025 USD
Estimated Monthly Salary: 2,085 USD
Estimated Weekly Salary: 481 USD per week
Estimated Hourly Salary: 12 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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Country:
Salary comparison to National average
Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Kuwait.
Comparison shows that a person working as Banking Director in Kuwait earns on average:
6.04 times the average salary (or 604% of average salary).
Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Kuwait.
Comparison shows that a person working as Banking Director in Kuwait earns on average:
6.04 times the average salary (or 604% of average salary).
Is Banking Director a well paid job?
Yes, our data shows that Banking Director is an extremely 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 81,714 KWD and 107,713 KWD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Director in Kuwait?
Living in Kuwait the approximate monthly expenses are: 1,600 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: 74,285 KWD
Estimated Monthly Salary: 6,190 KWD
Estimated Weekly Salary: 1,429 KWD per week
Estimated Hourly Salary: 36 KWD per hour
By working as Banking Director a person can save up to 485 USD per month or 5,825 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 Kuwait, see costs of living in Kuwait.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Saudi Arabia, Iraq. 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
Saudi Arabia is 51,211 USD
Iraq is 11,131 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 Kuwait
(419,012 KWD per year, pre-tax.)
2. Cardiologist
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
4. Neurosurgeon
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
9. Urologist
(317,161 KWD per year, pre-tax.)
10. Plastic surgeon
(316,850 KWD per year, pre-tax.)
Data as of 2025Random salary:
Multimedia animator (41,496 KWD per year, pre-tax.)
Podiatrist assistant (23,063 KWD per year, pre-tax.)
Marketing data analyst (38,584 KWD per year, pre-tax.)
Food service supervisor (23,980 KWD per year, pre-tax.)
Insurance verifier (26,137 KWD per year, pre-tax.)
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