Branch Manager Consumer Lending salary in Latvia

Average Yearly Salary of Branch Manager Consumer Lending in Latvia is approximately 22,348 EUR (22,368 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 Branch Manager Consumer Lending do?

A branch manager in consumer lending is responsible for overseeing and managing the operations of a branch that focuses on providing loans and credit services to individual consumers. They are responsible for ensuring that the branch meets its lending targets, managing loan portfolios, and ensuring compliance with lending regulations. Additionally, they play a crucial role in building and maintaining relationships with customers, resolving customer issues, and promoting the branch's products and services.

Skills: branch management, consumer lending, loan portfolio management, customer relationship management, lending regulations, sales and marketing.
Job industry: Banking

How much does Branch Manager Consumer Lending make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Branch Manager Consumer Lending a well paid job?

Yes, our data show that Branch Manager Consumer Lending is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Branch Manager Consumer Lending?

High salary for Branch Manager Consumer Lending would be somewhere between 24,583 EUR and 32,405 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Consumer Lending 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: 22,348 EUR
Estimated Monthly Salary: 1,862 EUR
Estimated Weekly Salary: 430 EUR per week
Estimated Hourly Salary: 11 EUR per hour
By working as Branch Manager Consumer Lending a person can save up to 1,004 USD per month or 12,048 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 Branch Manager Consumer Lending

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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