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Retail Banking Manager salary in Morocco

Average Yearly Salary of Retail Banking Manager in Morocco is approximately 266,868 MAD (24,130 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 Retail Banking Manager do?

occupation personasA retail banking manager is responsible for overseeing the operations and performance of a bank branch or retail banking department. They are in charge of managing a team of customer service representatives, tellers, and other staff members to ensure efficient and effective service delivery. The retail banking manager is responsible for meeting sales targets, developing and implementing strategies to attract new customers, and maintaining relationships with existing clients. They also handle customer complaints and resolve any issues that may arise. Additionally, retail banking managers stay updated on industry trends and regulations to ensure compliance and provide guidance to their team. This occupation requires strong leadership skills, excellent communication and interpersonal abilities, and a deep understanding of financial products and services.

Skills: Retail banking, Manager, Customer service, Sales, Team management, Compliance.
Job industry: Banking


How much does Retail Banking Manager make?

Salary details
How much does Retail Banking Manager make?
Estimated Yearly Salary: 266,868 MAD
Estimated Monthly Salary: 22,239 MAD
Estimated Weekly Salary: 5,132 MAD per week
Estimated Hourly Salary: 128 MAD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 257,180 MAD
Estimated Monthly Salary: 21,432 MAD
Estimated Weekly Salary: 4,946 MAD per week
Estimated Hourly Salary: 124 MAD per hour
Last revision of data: 2024-01-05



Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 24,130 USD
Estimated Monthly Salary: 2,011 USD
Estimated Weekly Salary: 464 USD per week
Estimated Hourly Salary: 12 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Morocco is a country located in North Africa. It has a population of approximately 36 million people and covers an area of about 446,550 square kilometers. The country is known for its diverse landscapes, including the Atlas Mountains, Sahara Desert, and coastal regions.

Estimated national average yearly salary is 150,000 MAD (15,000 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Morocco.
Comparison shows that a person working as Retail Banking Manager in Morocco earns on average:
1.78 times the average salary (or 178% of average salary).

Is Retail Banking Manager a well paid job?

Yes, our data shows that Retail Banking 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 Retail Banking Manager?

High salary for Retail Banking Manager would be somewhere between 293,555 MAD and 386,959 MAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail Banking Manager in Morocco?

Living in Morocco the approximate monthly expenses are: 600 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: 266,868 MAD
Estimated Monthly Salary: 22,239 MAD
Estimated Weekly Salary: 5,132 MAD per week
Estimated Hourly Salary: 128 MAD per hour
By working as Retail Banking Manager a person can save up to 1,411 USD per month or 16,930 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 Morocco, see costs of living in Morocco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Algeria, Western Sahara, Spain.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Retail Banking Manager

Algeria is 22,647 USDdown arrow 6%
Details on Retail Banking Manager salary in Algeria
Spain is 50,934 USDup arrow 111%
Details on Retail Banking Manager salary in Spain
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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 Morocco

(1,720,305 MAD per year, pre-tax.)
(1,434,963 MAD per year, pre-tax.)
(1,385,679 MAD per year, pre-tax.)
(1,340,476 MAD per year, pre-tax.)
(1,339,746 MAD per year, pre-tax.)
(1,312,948 MAD per year, pre-tax.)
(1,311,162 MAD per year, pre-tax.)
(1,309,794 MAD per year, pre-tax.)
(1,309,746 MAD per year, pre-tax.)
(1,308,087 MAD per year, pre-tax.)

Data as of 2025

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Salary information displayed on this site is informational exclusively. Our figures are compiled various inputs, but we do not guarantee absolute correctness. Users should always double-check salary details with official resources before making financial decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any assurances about the completeness of the provided salary data. By navigating this site, you agree these limitations.
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