Home > Salary > Latvia > Bank Vice President
A bank vice president is a high-ranking executive who plays a crucial role in the overall management and success of a bank. They are responsible for overseeing various departments within the bank, such as lending, operations, risk management, and customer service. Their main objective is to ensure that the bank operates efficiently, meets its financial goals, and provides excellent service to its customers.
Bank vice presidents are involved in strategic planning, setting financial targets, and developing policies and procedures. They also monitor market trends and competition to identify opportunities for growth and improvement. Another important aspect of their role is building and maintaining relationships with key stakeholders, including clients, regulators, and other financial institutions.
Estimated Yearly Salary: 31,747 EUR
Estimated Monthly Salary: 2,646 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,558 EUR
Estimated Weekly Salary: 590 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 31,688 USD
Estimated Monthly Salary: 2,641 USD
Estimated Weekly Salary: 609 USD per week
Estimated Hourly Salary: 15 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: 31,747 EUR
Estimated Monthly Salary: 2,646 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Bank Vice President a person can save up to 1,781 USD per month or 21,368 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 Vice President
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Financial center manager (23,674 EUR per year, pre-tax.)
Loan counselor (15,467 EUR per year, pre-tax.)
Physical plant manager (26,247 EUR per year, pre-tax.)
Utility worker mfd. bldgs. (13,592 EUR per year, pre-tax.)
Retail shift supervisor (9,196 EUR per year, pre-tax.)
Bank Vice President salary in Latvia
Average Yearly Salary of Bank Vice President in Latvia is approximately 31,747 EUR (31,688 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 Vice President do?
A bank vice president is a high-ranking executive who plays a crucial role in the overall management and success of a bank. They are responsible for overseeing various departments within the bank, such as lending, operations, risk management, and customer service. Their main objective is to ensure that the bank operates efficiently, meets its financial goals, and provides excellent service to its customers.
Bank vice presidents are involved in strategic planning, setting financial targets, and developing policies and procedures. They also monitor market trends and competition to identify opportunities for growth and improvement. Another important aspect of their role is building and maintaining relationships with key stakeholders, including clients, regulators, and other financial institutions.
Skills: Bank leadership, Financial management, Risk assessment, Customer service, Strategic planning, Relationship management.
Job industry: Finance
Job industry: Finance
How much does Bank Vice President make?
Salary details
How much does Bank Vice President make?Estimated Yearly Salary: 31,747 EUR
Estimated Monthly Salary: 2,646 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 30,700 EUREstimated Monthly Salary: 2,558 EUR
Estimated Weekly Salary: 590 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-03Bank Vice President estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,688 USD
Estimated Monthly Salary: 2,641 USD
Estimated Weekly Salary: 609 USD per week
Estimated Hourly Salary: 15 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Vice President job salary compared to average salary in Latvia.
Comparison shows that a person working as Bank Vice President in Latvia earns on average:
1.62 times the average salary (or 162% 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 Vice President job salary compared to average salary in Latvia.
Comparison shows that a person working as Bank Vice President in Latvia earns on average:
1.62 times the average salary (or 162% of average salary).
Is Bank Vice President a well paid job?
Yes, our data shows that Bank Vice President is a 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 Vice President?
High salary for Bank Vice President would be somewhere between 34,922 EUR and 46,033 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Vice 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: 31,747 EUR
Estimated Monthly Salary: 2,646 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Bank Vice President a person can save up to 1,781 USD per month or 21,368 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 Vice President
Estonia is 40,701 USD
Russia is 18,919 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:
Financial center manager (23,674 EUR per year, pre-tax.)
Loan counselor (15,467 EUR per year, pre-tax.)
Physical plant manager (26,247 EUR per year, pre-tax.)
Utility worker mfd. bldgs. (13,592 EUR per year, pre-tax.)
Retail shift supervisor (9,196 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=latvia&job=bank-vice-president'><img src='https://optisalary.com/wp-content/graphs/salary/bank-vice-president-salary-in-latvia-2025.jpg' alt='bank vice president salary in latvia 2025' title='bank vice president salary in latvia 2025' /></a>
Please note:The salary figures presented here are meant for reference purposes solely.
The salary figures presented here are intended for informational purposes solely. While we attempt to ensure accuracy, we do not guarantee all figures is precise. Users should to confirm salary details with independent sources before making important financial choices. Salary ranges may change due to negotiation, industry trends, and location. We disclaim responsibility for inaccuracies in the salary data displayed.
All salary figures on optisalary.com are for informational use only. We compile data from various reliable databases, yet cannot ensure complete accuracy. Before making career choices, users should consult additional authoritative sources. Salaries fluctuate due to several factors, including economic conditions, job market trends, and geographic location. We disclaim any liability for misrepresentations in the salary information provided here. Your use with optisalary.com indicates acceptance of this policy.