Home > Salary > Malaysia > Private Banker
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Estimated Yearly Salary: 125,899 MYR
Estimated Monthly Salary: 10,492 MYR
Estimated Weekly Salary: 2,421 MYR per week
Estimated Hourly Salary: 61 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,175 MYR
Estimated Weekly Salary: 2,348 MYR per week
Estimated Hourly Salary: 59 MYR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 25,192 USD
Estimated Monthly Salary: 2,099 USD
Estimated Weekly Salary: 484 USD per week
Estimated Hourly Salary: 12 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: 125,899 MYR
Estimated Monthly Salary: 10,492 MYR
Estimated Weekly Salary: 2,421 MYR per week
Estimated Hourly Salary: 61 MYR per hour
By working as Private Banker a person can save up to 1,388 USD per month or 16,658 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 Malaysia, see costs of living in Malaysia.
Estimated Yearly Salary for Private Banker
Last revision of data: 2025-01-04
Data as of 2025
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Private Banker salary in Malaysia
Average Yearly Salary of Private Banker in Malaysia is approximately 125,899 MYR (25,192 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 Private Banker do?
A private banker is a financial professional who provides personalized banking and investment services to high-net-worth individuals, families, and businesses. They work closely with their clients to understand their financial goals, assess their risk tolerance, and develop comprehensive wealth management strategies. Private bankers offer a range of services, including managing investments, providing credit and lending solutions, assisting with estate planning, and offering tax advice. They also act as a liaison between their clients and other financial professionals, such as lawyers and accountants, to ensure all aspects of their financial affairs are well-coordinated.
Skills: private banking, wealth management, investment advisory, financial planning, high-net-worth clients, personalized banking services.
Job industry: Finance
Job industry: Finance
How much does Private Banker make?
Salary details
How much does Private Banker make?Estimated Yearly Salary: 125,899 MYR
Estimated Monthly Salary: 10,492 MYR
Estimated Weekly Salary: 2,421 MYR per week
Estimated Hourly Salary: 61 MYR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 122,095 MYREstimated Monthly Salary: 10,175 MYR
Estimated Weekly Salary: 2,348 MYR per week
Estimated Hourly Salary: 59 MYR per hour
Last revision of data: 2024-01-06Private Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 25,192 USD
Estimated Monthly Salary: 2,099 USD
Estimated Weekly Salary: 484 USD per week
Estimated Hourly Salary: 12 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
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Salary comparison to National average
Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Malaysia.
Comparison shows that a person working as Private Banker in Malaysia earns on average:
1.61 times the average salary (or 161% of average salary).
Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated Private Banker job salary compared to average salary in Malaysia.
Comparison shows that a person working as Private Banker in Malaysia earns on average:
1.61 times the average salary (or 161% of average salary).
Is Private Banker a well paid job?
Yes, our data shows that Private Banker 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 Private Banker?
High salary for Private Banker would be somewhere between 138,489 MYR and 182,554 MYR. However this is an estimation based on Gaussian Distribution.How much can you save working as Private Banker in Malaysia?
Living in Malaysia the approximate monthly expenses are: 711 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: 125,899 MYR
Estimated Monthly Salary: 10,492 MYR
Estimated Weekly Salary: 2,421 MYR per week
Estimated Hourly Salary: 61 MYR per hour
By working as Private Banker a person can save up to 1,388 USD per month or 16,658 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 Malaysia, see costs of living in Malaysia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Private Banker
Thailand is 10,288 USD
Indonesia is 15,017 USD
Singapore is 95,169 USD
Brunei is 44,770 USD
Vietnam is 5,719 USD
Philippines is 5,620 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 Malaysia
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5. Neurosurgeon
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6. Urologist
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10. Dermatologist
(703,305 MYR per year, pre-tax.)
Data as of 2025Random salary:
Interactive designer (108,530 MYR per year, pre-tax.)
Network engineer 4 (127,237 MYR per year, pre-tax.)
Director of construction (205,430 MYR per year, pre-tax.)
Financial analysis manager (165,700 MYR per year, pre-tax.)
Weatherization installer (66,860 MYR per year, pre-tax.)
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