Home > Salary > Norway > Retail Banker
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Estimated Yearly Salary: 650,900 NOK
Estimated Monthly Salary: 54,242 NOK
Estimated Weekly Salary: 12,517 NOK per week
Estimated Hourly Salary: 313 NOK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 52,487 NOK
Estimated Weekly Salary: 12,112 NOK per week
Estimated Hourly Salary: 303 NOK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 59,062 USD
Estimated Monthly Salary: 4,922 USD
Estimated Weekly Salary: 1,136 USD per week
Estimated Hourly Salary: 28 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: 650,900 NOK
Estimated Monthly Salary: 54,242 NOK
Estimated Weekly Salary: 12,517 NOK per week
Estimated Hourly Salary: 313 NOK per hour
By working as Retail Banker a person can save up to 1,101 USD per month or 13,217 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.
Estimated Yearly Salary for Retail Banker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Kinesiologist (1,039,889 NOK per year, pre-tax.)
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Assessor (807,530 NOK per year, pre-tax.)
Graduate recruitment consultant (673,404 NOK per year, pre-tax.)
Retail Banker salary in Norway
Average Yearly Salary of Retail Banker in Norway is approximately 650,900 NOK (59,062 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 Banker do?
A retail banker is a professional who works in a bank or financial institution and primarily deals with individual clients. Their main responsibility is to assist customers with their banking needs and provide them with various financial services. They handle tasks such as opening new accounts, processing transactions, managing loans and mortgages, and providing advice on investment options and insurance products. Retail bankers also play a crucial role in building and maintaining customer relationships by understanding their financial goals and offering personalized solutions.
Skills: retail banker, banking services, financial advisor, customer relationship management, account management, financial products
Job industry: Banking
Job industry: Banking
How much does Retail Banker make?
Salary details
How much does Retail Banker make?Estimated Yearly Salary: 650,900 NOK
Estimated Monthly Salary: 54,242 NOK
Estimated Weekly Salary: 12,517 NOK per week
Estimated Hourly Salary: 313 NOK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 629,838 NOKEstimated Monthly Salary: 52,487 NOK
Estimated Weekly Salary: 12,112 NOK per week
Estimated Hourly Salary: 303 NOK per hour
Last revision of data: 2024-01-03Retail Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 59,062 USD
Estimated Monthly Salary: 4,922 USD
Estimated Weekly Salary: 1,136 USD per week
Estimated Hourly Salary: 28 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
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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 Retail Banker job salary compared to average salary in Norway.
Comparison shows that a person working as Retail Banker in Norway earns on average:
0.67 times the average salary (or 67% of average salary).
Estimated national average yearly salary is 977,067 NOK (95,510 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in Norway.
Comparison shows that a person working as Retail Banker in Norway earns on average:
0.67 times the average salary (or 67% of average salary).
Is Retail Banker a well paid job?
No, our data shows that Retail Banker is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Banker might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Retail Banker?
High salary for Retail Banker would be somewhere between 715,990 NOK and 943,805 NOK. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banker 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: 650,900 NOK
Estimated Monthly Salary: 54,242 NOK
Estimated Weekly Salary: 12,517 NOK per week
Estimated Hourly Salary: 313 NOK per hour
By working as Retail Banker a person can save up to 1,101 USD per month or 13,217 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 Retail Banker
Sweden is 39,060 USD
Finland is 33,671 USD
Russia is 7,949 USD
Denmark is 45,339 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 Norway
(10,937,756 NOK per year, pre-tax.)
2. Cardiologist
(9,106,184 NOK per year, pre-tax.)
(8,829,745 NOK per year, pre-tax.)
4. Neurosurgeon
(8,566,101 NOK per year, pre-tax.)
(8,524,526 NOK per year, pre-tax.)
6. Oncologist
(8,361,766 NOK per year, pre-tax.)
7. Urologist
(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 2025Random salary:
Kinesiologist (1,039,889 NOK per year, pre-tax.)
Maintenance administrative assistant (629,838 NOK per year, pre-tax.)
Forensic interviewer (813,065 NOK per year, pre-tax.)
Assessor (807,530 NOK per year, pre-tax.)
Graduate recruitment consultant (673,404 NOK per year, pre-tax.)
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