Home > Salary > Myanmar > Retail Banking Manager
A 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.
Estimated Yearly Salary: 12,931,478 MMK
Estimated Monthly Salary: 1,077,623 MMK
Estimated Weekly Salary: 248,682 MMK per week
Estimated Hourly Salary: 6,217 MMK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,042,681 MMK
Estimated Weekly Salary: 240,619 MMK per week
Estimated Hourly Salary: 6,015 MMK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 5,670 USD
Estimated Monthly Salary: 473 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 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: 12,931,478 MMK
Estimated Monthly Salary: 1,077,623 MMK
Estimated Weekly Salary: 248,682 MMK per week
Estimated Hourly Salary: 6,217 MMK per hour
By working as Retail Banking Manager a person can save up to 332 USD per month or 3,985 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 Myanmar, see costs of living in Myanmar.
Estimated Yearly Salary for Retail Banking Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Astrophysicist (14,611,643 MMK per year, pre-tax.)
Boiler engineer (9,273,785 MMK per year, pre-tax.)
Ar administrator (10,301,235 MMK per year, pre-tax.)
Upholstery trimmer (4,565,248 MMK per year, pre-tax.)
Managing attorney (13,475,454 MMK per year, pre-tax.)
Retail Banking Manager salary in Myanmar
Average Yearly Salary of Retail Banking Manager in Myanmar is approximately 12,931,478 MMK (5,670 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?
A 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
Job industry: Banking
How much does Retail Banking Manager make?
Salary details
How much does Retail Banking Manager make?Estimated Yearly Salary: 12,931,478 MMK
Estimated Monthly Salary: 1,077,623 MMK
Estimated Weekly Salary: 248,682 MMK per week
Estimated Hourly Salary: 6,217 MMK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,512,177 MMKEstimated Monthly Salary: 1,042,681 MMK
Estimated Weekly Salary: 240,619 MMK per week
Estimated Hourly Salary: 6,015 MMK per hour
Last revision of data: 2024-01-05Retail Banking Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,670 USD
Estimated Monthly Salary: 473 USD
Estimated Weekly Salary: 109 USD per week
Estimated Hourly Salary: 3 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
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Myanmar, also known as Burma, is a country located in Southeast Asia. With a population of approximately 54 million people, it is the 26th most populous country in the world. The nation covers an area of around 676,578 square kilometers, making it the 40th largest country in terms of land area.
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Myanmar.
Comparison shows that a person working as Retail Banking Manager in Myanmar earns on average:
1.76 times the average salary (or 176% of average salary).
Estimated national average yearly salary is 7,363,980 MMK (3,510 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banking Manager job salary compared to average salary in Myanmar.
Comparison shows that a person working as Retail Banking Manager in Myanmar earns on average:
1.76 times the average salary (or 176% 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 14,224,626 MMK and 18,750,643 MMK. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banking Manager in Myanmar?
Living in Myanmar the approximate monthly expenses are: 140 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: 12,931,478 MMK
Estimated Monthly Salary: 1,077,623 MMK
Estimated Weekly Salary: 248,682 MMK per week
Estimated Hourly Salary: 6,217 MMK per hour
By working as Retail Banking Manager a person can save up to 332 USD per month or 3,985 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 Myanmar, see costs of living in Myanmar.
Salary comparison to region and neighbouring coutries
Country's neighbours are: India, Bangladesh, China, Laos, Thailand. 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
India is 36,052 USD
Bangladesh is 4,534 USD
China is 20,706 USD
Thailand is 11,657 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 Myanmar
(83,862,518 MMK per year, pre-tax.)
2. Cardiologist
(69,987,991 MMK per year, pre-tax.)
(67,281,160 MMK per year, pre-tax.)
(65,258,796 MMK per year, pre-tax.)
5. Neurosurgeon
(65,192,663 MMK per year, pre-tax.)
(63,906,515 MMK per year, pre-tax.)
(63,864,729 MMK per year, pre-tax.)
8. Oncologist
(63,598,524 MMK per year, pre-tax.)
9. Urologist
(63,573,880 MMK per year, pre-tax.)
10. Dermatologist
(63,550,989 MMK per year, pre-tax.)
Data as of 2025Random salary:
Astrophysicist (14,611,643 MMK per year, pre-tax.)
Boiler engineer (9,273,785 MMK per year, pre-tax.)
Ar administrator (10,301,235 MMK per year, pre-tax.)
Upholstery trimmer (4,565,248 MMK per year, pre-tax.)
Managing attorney (13,475,454 MMK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=myanmar&job=retail-banking-manager'><img src='https://optisalary.com/wp-content/graphs/salary/retail-banking-manager-salary-in-myanmar-2025.jpg' alt='retail banking manager salary in myanmar 2025' title='retail banking manager salary in myanmar 2025' /></a>
Please note:This website presents salary estimates for educational purposes only.
Salary details presented on optisalary.com are intended for reference use only. Our data is sourced through various inputs and may not necessarily be up to date. Users should cross-reference salary information independently before making employment commitments. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot guarantee that the data provided is flawless. By using optisalary.com, you accept that salary information is presented 'as is' and without warranties.
This website presents salary estimates for informational purposes exclusively. While we collect data from various sources, we do not ensure absolute reliability. Users are encouraged to review trusted organizations before making any career moves. Salaries fluctuate due to various elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the validity of the displayed salary data. Your continued access of this site confirms your understanding of these conditions.