Home > Salary > Latvia > Bank Branch Manager
A bank branch manager is responsible for overseeing the daily operations and overall performance of a bank branch. They are in charge of managing a team of employees, ensuring excellent customer service, and meeting sales targets. The branch manager handles customer inquiries, resolves complaints, and ensures compliance with banking regulations. They also develop and implement strategies to attract new customers and retain existing ones. Additionally, they analyze financial data, prepare reports, and make recommendations to improve branch performance. The branch manager plays a crucial role in maintaining a safe and secure banking environment by adhering to security protocols and monitoring cash transactions.
Estimated Yearly Salary: 23,720 EUR
Estimated Monthly Salary: 1,977 EUR
Estimated Weekly Salary: 456 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,914 EUR
Estimated Weekly Salary: 442 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 23,787 USD
Estimated Monthly Salary: 1,982 USD
Estimated Weekly Salary: 457 USD per week
Estimated Hourly Salary: 11 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: 23,720 EUR
Estimated Monthly Salary: 1,977 EUR
Estimated Weekly Salary: 456 EUR per week
Estimated Hourly Salary: 11 EUR per hour
By working as Bank Branch Manager a person can save up to 1,122 USD per month or 13,467 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 Latvia, see costs of living in Latvia.
Estimated Yearly Salary for Bank Branch Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Bank Branch Manager salary in Latvia
Average Yearly Salary of Bank Branch Manager in Latvia is approximately 23,720 EUR (23,787 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 Bank Branch Manager do?
A bank branch manager is responsible for overseeing the daily operations and overall performance of a bank branch. They are in charge of managing a team of employees, ensuring excellent customer service, and meeting sales targets. The branch manager handles customer inquiries, resolves complaints, and ensures compliance with banking regulations. They also develop and implement strategies to attract new customers and retain existing ones. Additionally, they analyze financial data, prepare reports, and make recommendations to improve branch performance. The branch manager plays a crucial role in maintaining a safe and secure banking environment by adhering to security protocols and monitoring cash transactions.
Skills: Banking, Customer Service, Sales Management, Leadership, Financial Analysis, Compliance
Job industry: Banking
Job industry: Banking
How much does Bank Branch Manager make?
Salary details
How much does Bank Branch Manager make?Estimated Yearly Salary: 23,720 EUR
Estimated Monthly Salary: 1,977 EUR
Estimated Weekly Salary: 456 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 22,966 EUREstimated Monthly Salary: 1,914 EUR
Estimated Weekly Salary: 442 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-05Bank Branch Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 23,787 USD
Estimated Monthly Salary: 1,982 USD
Estimated Weekly Salary: 457 USD per week
Estimated Hourly Salary: 11 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
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Salary comparison to National average
Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Bank Branch Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Bank Branch Manager in Latvia earns on average:
1.21 times the average salary (or 121% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Bank Branch Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Bank Branch Manager in Latvia earns on average:
1.21 times the average salary (or 121% of average salary).
Is Bank Branch Manager a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Bank Branch Manager?
High salary for Bank Branch Manager would be somewhere between 26,092 EUR and 34,394 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Branch Manager in Latvia?
Living in Latvia the approximate monthly expenses are: 860 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: 23,720 EUR
Estimated Monthly Salary: 1,977 EUR
Estimated Weekly Salary: 456 EUR per week
Estimated Hourly Salary: 11 EUR per hour
By working as Bank Branch Manager a person can save up to 1,122 USD per month or 13,467 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 Latvia, see costs of living in Latvia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Estonia, Russia, Belarus, Lithuania.. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Branch Manager
Estonia is 30,577 USD
Russia is 14,137 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 Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)
Data as of 2025Random salary:
Assistant manager customer service (8,817 EUR per year, pre-tax.)
Toolmaker (22,105 EUR per year, pre-tax.)
Sleep lab director (30,090 EUR per year, pre-tax.)
Fab operator (10,027 EUR per year, pre-tax.)
Palliative care physician (78,976 EUR per year, pre-tax.)
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