Home > Salary > Saudi Arabia > Loan Assistant Commercial
A loan assistant commercial is responsible for providing support and assistance to commercial loan officers in a financial institution. They play a crucial role in the loan origination process by gathering and verifying financial documents, conducting credit checks, and preparing loan applications. Loan assistants also assist in analyzing loan requests, assessing the creditworthiness of borrowers, and ensuring compliance with lending policies and regulations. They may communicate with clients to collect additional information or clarify loan terms. Additionally, loan assistants help in maintaining accurate loan files, tracking loan progress, and coordinating loan closings.
Estimated Yearly Salary: 90,655 SAR
Estimated Monthly Salary: 7,555 SAR
Estimated Weekly Salary: 1,743 SAR per week
Estimated Hourly Salary: 44 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,318 SAR
Estimated Weekly Salary: 1,689 SAR per week
Estimated Hourly Salary: 42 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 22,634 USD
Estimated Monthly Salary: 1,886 USD
Estimated Weekly Salary: 435 USD per week
Estimated Hourly Salary: 11 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: 90,655 SAR
Estimated Monthly Salary: 7,555 SAR
Estimated Weekly Salary: 1,743 SAR per week
Estimated Hourly Salary: 44 SAR per hour
By working as Loan Assistant Commercial a person can save up to 783 USD per month or 9,391 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 Loan Assistant Commercial
United Arab Emirates is 40,270 USD 78%
Details on Loan Assistant Commercial salary in United Arab Emirates Last revision of data: 2025-01-04
Data as of 2025
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Loan Assistant Commercial salary in Saudi Arabia
Average Yearly Salary of Loan Assistant Commercial in Saudi Arabia is approximately 90,655 SAR (22,634 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 Loan Assistant Commercial do?
A loan assistant commercial is responsible for providing support and assistance to commercial loan officers in a financial institution. They play a crucial role in the loan origination process by gathering and verifying financial documents, conducting credit checks, and preparing loan applications. Loan assistants also assist in analyzing loan requests, assessing the creditworthiness of borrowers, and ensuring compliance with lending policies and regulations. They may communicate with clients to collect additional information or clarify loan terms. Additionally, loan assistants help in maintaining accurate loan files, tracking loan progress, and coordinating loan closings.
Skills: loan assistant, commercial loan, financial institution, loan origination, credit analysis, compliance
Job industry: Banking
Job industry: Banking
How much does Loan Assistant Commercial make?
Salary details
How much does Loan Assistant Commercial make?Estimated Yearly Salary: 90,655 SAR
Estimated Monthly Salary: 7,555 SAR
Estimated Weekly Salary: 1,743 SAR per week
Estimated Hourly Salary: 44 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 87,812 SAREstimated Monthly Salary: 7,318 SAR
Estimated Weekly Salary: 1,689 SAR per week
Estimated Hourly Salary: 42 SAR per hour
Last revision of data: 2024-01-03Loan Assistant Commercial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,634 USD
Estimated Monthly Salary: 1,886 USD
Estimated Weekly Salary: 435 USD per week
Estimated Hourly Salary: 11 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 Loan Assistant Commercial job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Assistant Commercial in Saudi Arabia earns on average:
0.88 times the average salary (or 88% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Loan Assistant Commercial job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Loan Assistant Commercial in Saudi Arabia earns on average:
0.88 times the average salary (or 88% of average salary).
Is Loan Assistant Commercial a well paid job?
Yes, our data show that Loan Assistant Commercial is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Loan Assistant Commercial?
High salary for Loan Assistant Commercial would be somewhere between 99,721 SAR and 131,450 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Assistant Commercial 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: 90,655 SAR
Estimated Monthly Salary: 7,555 SAR
Estimated Weekly Salary: 1,743 SAR per week
Estimated Hourly Salary: 44 SAR per hour
By working as Loan Assistant Commercial a person can save up to 783 USD per month or 9,391 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 Loan Assistant Commercial
Jordan is 7,839 USD
Iraq is 4,947 USD
Kuwait is 11,018 USD
Qatar is 58,144 USD
Bahrain is 14,671 USDUnited Arab Emirates is 40,270 USD 78%Details on Loan Assistant Commercial salary in United Arab Emirates
Oman is 7,485 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:
Inventory controller (69,768 SAR per year, pre-tax.)
Associate professor of biology (93,249 SAR per year, pre-tax.)
Emergency services coordinator (81,735 SAR per year, pre-tax.)
Wealth management analyst (110,704 SAR per year, pre-tax.)
Manager real estate firm (148,546 SAR per year, pre-tax.)
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