Bank Branch President salary in Latvia

Average Yearly Salary of Bank Branch President in Latvia is approximately 62,965 EUR (63,161 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 President do?

A bank branch president is responsible for overseeing the operations of a bank branch, ensuring its profitability and growth, and maintaining customer satisfaction. They develop and implement strategies to attract new customers, expand the branch's customer base, and increase revenue. They also manage the branch's budget, set financial goals, and monitor performance indicators to ensure targets are met. Additionally, the bank branch president leads a team of employees, providing guidance, training, and support to ensure efficient and effective operations. They are responsible for maintaining compliance with banking regulations and policies, as well as managing risk and resolving customer issues. Overall, the bank branch president plays a crucial role in driving the success of the branch and building strong relationships with customers and stakeholders.

Skills: Bank branch president, Banking, Leadership, Operations management, Customer satisfaction, Financial goals
Job industry: Banking

How much does Bank Branch President make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Bank Branch President a well paid job?

Yes, our data show that Bank Branch President 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 Bank Branch President?

High salary for Bank Branch President would be somewhere between 69,262 EUR and 91,299 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Branch President 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: 62,965 EUR
Estimated Monthly Salary: 5,247 EUR
Estimated Weekly Salary: 1,211 EUR per week
Estimated Hourly Salary: 30 EUR per hour
By working as Bank Branch President a person can save up to 4,403 USD per month or 52,841 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 President

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 +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 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 Latvia

Data as of 2025

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