Home > Salary > Saudi Arabia > Credit Analyst Banking
A credit analyst in banking is responsible for evaluating the creditworthiness of individuals, businesses, or organizations applying for loans or credit. They analyze financial data, such as income statements, balance sheets, and credit histories, to assess the borrower's ability to repay the loan and determine the level of risk involved. Credit analysts also review loan applications, perform risk assessments, and make recommendations on loan approvals or rejections. They may collaborate with other departments, such as underwriting or risk management, to gather additional information and ensure compliance with lending policies and regulations. Attention to detail, strong analytical skills, and a solid understanding of financial markets and industry trends are essential for success in this role.
Estimated Yearly Salary: 128,999 SAR
Estimated Monthly Salary: 10,750 SAR
Estimated Weekly Salary: 2,481 SAR per week
Estimated Hourly Salary: 62 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,425 SAR
Estimated Weekly Salary: 2,406 SAR per week
Estimated Hourly Salary: 60 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 32,250 USD
Estimated Monthly Salary: 2,688 USD
Estimated Weekly Salary: 620 USD per week
Estimated Hourly Salary: 16 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: 128,999 SAR
Estimated Monthly Salary: 10,750 SAR
Estimated Weekly Salary: 2,481 SAR per week
Estimated Hourly Salary: 62 SAR per hour
By working as Credit Analyst Banking a person can save up to 1,584 USD per month or 19,007 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Credit Analyst Banking
United Arab Emirates is 57,390 USD 78%
Details on Credit Analyst Banking salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Produce stocker (grocery) (36,568 SAR per year, pre-tax.)
Junior account executive (95,572 SAR per year, pre-tax.)
Tooling engineer (155,207 SAR per year, pre-tax.)
Senior credit analyst (146,756 SAR per year, pre-tax.)
Psychotherapist (94,163 SAR per year, pre-tax.)
Credit Analyst Banking salary in Saudi Arabia
Average Yearly Salary of Credit Analyst Banking in Saudi Arabia is approximately 128,999 SAR (32,250 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 Credit Analyst Banking do?
A credit analyst in banking is responsible for evaluating the creditworthiness of individuals, businesses, or organizations applying for loans or credit. They analyze financial data, such as income statements, balance sheets, and credit histories, to assess the borrower's ability to repay the loan and determine the level of risk involved. Credit analysts also review loan applications, perform risk assessments, and make recommendations on loan approvals or rejections. They may collaborate with other departments, such as underwriting or risk management, to gather additional information and ensure compliance with lending policies and regulations. Attention to detail, strong analytical skills, and a solid understanding of financial markets and industry trends are essential for success in this role.
Skills: credit analysis, risk assessment, financial analysis, loan underwriting, creditworthiness evaluation, banking regulations
Job industry: Banking
Job industry: Banking
How much does Credit Analyst Banking make?
Salary details
How much does Credit Analyst Banking make?Estimated Yearly Salary: 128,999 SAR
Estimated Monthly Salary: 10,750 SAR
Estimated Weekly Salary: 2,481 SAR per week
Estimated Hourly Salary: 62 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 125,104 SAREstimated Monthly Salary: 10,425 SAR
Estimated Weekly Salary: 2,406 SAR per week
Estimated Hourly Salary: 60 SAR per hour
Last revision of data: 2024-01-03Credit Analyst Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 32,250 USD
Estimated Monthly Salary: 2,688 USD
Estimated Weekly Salary: 620 USD per week
Estimated Hourly Salary: 16 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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Country:
Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Credit Analyst Banking job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Credit Analyst Banking in Saudi Arabia earns on average:
1.25 times the average salary (or 125% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Credit Analyst Banking job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Credit Analyst Banking in Saudi Arabia earns on average:
1.25 times the average salary (or 125% of average salary).
Is Credit Analyst Banking a well paid job?
Yes, our data shows that Credit Analyst 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 Credit Analyst Banking?
High salary for Credit Analyst Banking would be somewhere between 141,899 SAR and 187,049 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Analyst Banking in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 128,999 SAR
Estimated Monthly Salary: 10,750 SAR
Estimated Weekly Salary: 2,481 SAR per week
Estimated Hourly Salary: 62 SAR per hour
By working as Credit Analyst Banking a person can save up to 1,584 USD per month or 19,007 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Credit Analyst Banking
Jordan is 11,110 USD
Iraq is 7,014 USD
Kuwait is 15,779 USD
Qatar is 82,786 USD
Bahrain is 20,995 USDUnited Arab Emirates is 57,390 USD 78%Details on Credit Analyst Banking salary in United Arab Emirates
Oman is 10,659 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Produce stocker (grocery) (36,568 SAR per year, pre-tax.)
Junior account executive (95,572 SAR per year, pre-tax.)
Tooling engineer (155,207 SAR per year, pre-tax.)
Senior credit analyst (146,756 SAR per year, pre-tax.)
Psychotherapist (94,163 SAR per year, pre-tax.)
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