Home > Salary > Luxembourg > Banking Director
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
Estimated Yearly Salary: 169,876 EUR
Estimated Monthly Salary: 14,156 EUR
Estimated Weekly Salary: 3,267 EUR per week
Estimated Hourly Salary: 82 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,669 EUR
Estimated Weekly Salary: 3,154 EUR per week
Estimated Hourly Salary: 79 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 170,330 USD
Estimated Monthly Salary: 14,194 USD
Estimated Weekly Salary: 3,276 USD per week
Estimated Hourly Salary: 82 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 169,876 EUR
Estimated Monthly Salary: 14,156 EUR
Estimated Weekly Salary: 3,267 EUR per week
Estimated Hourly Salary: 82 EUR per hour
By working as Banking Director a person can save up to 10,546 USD per month or 126,554 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 Luxembourg, see costs of living in Luxembourg.
Estimated Yearly Salary for Banking Director
Last revision of data: 2025-01-04
Data as of 2025
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Banking Director salary in Luxembourg
Average Yearly Salary of Banking Director in Luxembourg is approximately 169,876 EUR (170,330 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 Banking Director do?
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
How much does Banking Director make?
Salary details
How much does Banking Director make?Estimated Yearly Salary: 169,876 EUR
Estimated Monthly Salary: 14,156 EUR
Estimated Weekly Salary: 3,267 EUR per week
Estimated Hourly Salary: 82 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 164,023 EUREstimated Monthly Salary: 13,669 EUR
Estimated Weekly Salary: 3,154 EUR per week
Estimated Hourly Salary: 79 EUR per hour
Last revision of data: 2024-01-07Banking Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 170,330 USD
Estimated Monthly Salary: 14,194 USD
Estimated Weekly Salary: 3,276 USD per week
Estimated Hourly Salary: 82 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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Country:
Salary comparison to National average
Luxembourg is a small landlocked country located in Western Europe. With a population of approximately 633,000 people, it is one of the smallest countries in the European Union. Despite its size, Luxembourg boasts a highly developed economy and is known for its political stability and high standard of living.
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Banking Director in Luxembourg earns on average:
2.05 times the average salary (or 205% of average salary).
Estimated national average yearly salary is 82,992 EUR (91,200 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Luxembourg.
Comparison shows that a person working as Banking Director in Luxembourg earns on average:
2.05 times the average salary (or 205% of average salary).
Is Banking Director a well paid job?
Yes, our data show that Banking Director 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 Banking Director?
High salary for Banking Director would be somewhere between 186,864 EUR and 246,320 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Director in Luxembourg?
Living in Luxembourg the approximate monthly expenses are: 3,648 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: 169,876 EUR
Estimated Monthly Salary: 14,156 EUR
Estimated Weekly Salary: 3,267 EUR per week
Estimated Hourly Salary: 82 EUR per hour
By working as Banking Director a person can save up to 10,546 USD per month or 126,554 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 Luxembourg, see costs of living in Luxembourg.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Belgium, Germany, France. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Banking Director
Belgium is 90,366 USD
Germany is 99,310 USD
France is 85,292 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 Luxembourg
(950,355 EUR per year, pre-tax.)
2. Cardiologist
(794,587 EUR per year, pre-tax.)
(765,939 EUR per year, pre-tax.)
4. Neurosurgeon
(742,355 EUR per year, pre-tax.)
(740,744 EUR per year, pre-tax.)
(724,806 EUR per year, pre-tax.)
7. Urologist
(723,841 EUR per year, pre-tax.)
8. Oncologist
(722,852 EUR per year, pre-tax.)
(722,418 EUR per year, pre-tax.)
(722,178 EUR per year, pre-tax.)
Data as of 2025Random salary:
Data security analyst (107,890 EUR per year, pre-tax.)
Performance improvement manager (123,658 EUR per year, pre-tax.)
Build and release manager (184,500 EUR per year, pre-tax.)
Executive coordinator (79,672 EUR per year, pre-tax.)
Swimming pool spa servicer technician (40,332 EUR per year, pre-tax.)
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