Lending Manager salary in Latvia

Average Yearly Salary of Lending Manager in Latvia is approximately 29,394 EUR (29,398 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 Lending Manager do?

A lending manager is responsible for overseeing the lending activities of a financial institution or bank. They evaluate loan applications, assess the creditworthiness of borrowers, and make decisions on loan approvals. Lending managers also manage a team of loan officers and ensure compliance with lending regulations and policies. They analyze financial statements and credit reports to determine the borrower's ability to repay the loan and assess the risk involved. Lending managers also negotiate loan terms and conditions, including interest rates and repayment schedules. They maintain relationships with existing clients and develop new business opportunities to expand the loan portfolio.

Skills: lending manager, loan approvals, creditworthiness assessment, loan portfolio management, financial analysis, compliance with regulations
Job industry: Finance

How much does Lending Manager make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Lending Manager a well paid job?

Yes, our data shows that Lending Manager 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 Lending Manager?

High salary for Lending Manager would be somewhere between 32,333 EUR and 42,621 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lending 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: 29,394 EUR
Estimated Monthly Salary: 2,450 EUR
Estimated Weekly Salary: 565 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Lending Manager a person can save up to 1,590 USD per month or 19,078 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 Lending Manager

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

Random salary:
Fuel cell technician (24,607 EUR per year, pre-tax.)
Crm product manager (31,118 EUR per year, pre-tax.)
Business banking relationship manager (30,717 EUR per year, pre-tax.)
Machine mechanic (13,500 EUR per year, pre-tax.)
Ux researcher (26,969 EUR per year, pre-tax.)

Feedback about these results