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Branch Manager Banking salary in Norway

Average Yearly Salary of Branch Manager Banking in Norway is approximately 1,280,926 NOK (116,750 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 Branch Manager Banking do?

occupation personasA branch manager in an automotive dealership is responsible for overseeing the operations and performance of a specific branch or location. They are in charge of managing a team of salespeople, service technicians, and administrative staff to ensure efficient and profitable operations. The branch manager is responsible for setting sales targets, developing marketing strategies, and implementing customer service initiatives to drive sales and enhance customer satisfaction. They also handle inventory management, pricing, and negotiation with suppliers. Additionally, the branch manager is responsible for maintaining compliance with company policies, industry regulations, and safety standards. They should possess strong leadership and communication skills, as well as extensive knowledge of the automotive industry and market trends.

Skills: Automotive industry, Sales management, Team leadership, Customer service, Inventory management, Compliance.
Job industry: Banking


How much does Branch Manager Banking make?

Salary details
How much does Branch Manager Banking make?
Estimated Yearly Salary: 1,280,926 NOK
Estimated Monthly Salary: 106,744 NOK
Estimated Weekly Salary: 24,633 NOK per week
Estimated Hourly Salary: 616 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 1,236,774 NOK
Estimated Monthly Salary: 103,065 NOK
Estimated Weekly Salary: 23,784 NOK per week
Estimated Hourly Salary: 595 NOK per hour
Last revision of data: 2024-01-08



Branch Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 116,750 USD
Estimated Monthly Salary: 9,729 USD
Estimated Weekly Salary: 2,245 USD per week
Estimated Hourly Salary: 56 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

Norway, located in Northern Europe, is a country known for its stunning natural landscapes, including fjords, mountains, and forests. With a population of approximately 5.4 million people, it is one of the least densely populated countries in Europe. The size of Norway is around 323,802 square kilometers, making it larger than many European countries.

Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Branch Manager Banking job salary compared to average salary in Norway.
Comparison shows that a person working as Branch Manager Banking in Norway earns on average:
1.31 times the average salary (or 131% of average salary).

Is Branch Manager Banking a well paid job?

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

High salary for Branch Manager Banking would be somewhere between 1,409,019 NOK and 1,857,343 NOK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Branch Manager Banking in Norway?

Living in Norway the approximate monthly expenses are: 3,820 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: 1,280,926 NOK
Estimated Monthly Salary: 106,744 NOK
Estimated Weekly Salary: 24,633 NOK per week
Estimated Hourly Salary: 616 NOK per hour
By working as Branch Manager Banking a person can save up to 5,909 USD per month or 70,905 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 Norway, see costs of living in Norway.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Sweden, Finland, Russia, Denmark.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Branch Manager Banking

Sweden is 76,703 USDdown arrow 34%
Details on Branch Manager Banking salary in Sweden
Finland is 66,216 USDdown arrow 43%
Details on Branch Manager Banking salary in Finland
Russia is 15,617 USDdown arrow 87%
Details on Branch Manager Banking salary in Russia
Denmark is 88,916 USDdown arrow 24%
Details on Branch Manager Banking salary in Denmark
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 Norway

(10,937,756 NOK per year, pre-tax.)
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
(8,361,766 NOK per year, pre-tax.)
(8,317,150 NOK per year, pre-tax.)
(8,311,831 NOK per year, pre-tax.)
(8,311,163 NOK per year, pre-tax.)
(8,310,747 NOK per year, pre-tax.)

Data as of 2025

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This website aggregates salary data for informational use exclusively.
optisalary.com provides salary data exclusively for reference use. While we strive for accuracy, we cannot guarantee the precision of all figures. Users should verify salary details with official organizations before making financial plans. Salary estimates can vary based on numerous elements, such as company size, negotiation tactics, and industry demand. We accept no responsibility for errors in the pay figures provided. By using this website, you acknowledge that salary data is subject to change.
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