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Trust Officer Banking salary in Kuwait

Average Yearly Salary of Trust Officer Banking in Kuwait is approximately 51,453 KWD (17,215 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 Trust Officer Banking do?

occupation personasA trust officer in banking is a professional responsible for managing trusts and estates on behalf of clients. They work closely with clients to understand their financial goals and objectives, and then create and administer trust accounts accordingly. Trust officers ensure compliance with legal and regulatory requirements, and provide expert advice on estate planning, tax implications, and investment strategies. They oversee the distribution of assets, manage investments, and handle all administrative tasks related to trusts and estates. Additionally, trust officers may also act as fiduciaries, making decisions on behalf of clients when necessary.

Skills: Trust Officer, Banking, Wealth Management, Estate Planning, Fiduciary, Investment Management
Job industry: Banking


How much does Trust Officer Banking make?

Salary details
How much does Trust Officer Banking make?
Estimated Yearly Salary: 51,453 KWD
Estimated Monthly Salary: 4,288 KWD
Estimated Weekly Salary: 989 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 49,704 KWD
Estimated Monthly Salary: 4,142 KWD
Estimated Weekly Salary: 956 KWD per week
Estimated Hourly Salary: 24 KWD per hour
Last revision of data: 2024-02-08



Trust Officer Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,215 USD
Estimated Monthly Salary: 1,435 USD
Estimated Weekly Salary: 331 USD per week
Estimated Hourly Salary: 8 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Trust Officer Banking job salary compared to average salary in Kuwait.
Comparison shows that a person working as Trust Officer Banking in Kuwait earns on average:
4.18 times the average salary (or 418% of average salary).

Is Trust Officer Banking a well paid job?

Yes, our data show that Trust Officer Banking 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 Trust Officer Banking?

High salary for Trust Officer Banking would be somewhere between 56,598 KWD and 74,607 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Trust Officer Banking 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: 51,453 KWD
Estimated Monthly Salary: 4,288 KWD
Estimated Weekly Salary: 989 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Our data indicates that by working as Trust Officer Banking you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

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 Trust Officer Banking

Saudi Arabia is 35,370 USDup arrow 105%
Details on Trust Officer Banking salary in Saudi Arabia
Iraq is 7,714 USDdown arrow 55%
Details on Trust Officer Banking salary in Iraq
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 Kuwait

(419,012 KWD per year, pre-tax.)
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
(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.)
(317,161 KWD per year, pre-tax.)
(316,850 KWD per year, pre-tax.)

Data as of 2025

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