Home > Salary > Saudi Arabia > 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: 68,216 SAR
Estimated Monthly Salary: 5,685 SAR
Estimated Weekly Salary: 1,312 SAR per week
Estimated Hourly Salary: 33 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,513 SAR
Estimated Weekly Salary: 1,272 SAR per week
Estimated Hourly Salary: 32 SAR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 17,064 USD
Estimated Monthly Salary: 1,422 USD
Estimated Weekly Salary: 328 USD per week
Estimated Hourly Salary: 8 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: 68,216 SAR
Estimated Monthly Salary: 5,685 SAR
Estimated Weekly Salary: 1,312 SAR per week
Estimated Hourly Salary: 33 SAR per hour
By working as Retail Banker a person can save up to 318 USD per month or 3,821 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 Retail Banker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Retail Banker salary in Saudi Arabia
Average Yearly Salary of Retail Banker in Saudi Arabia is approximately 68,216 SAR (17,064 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: 68,216 SAR
Estimated Monthly Salary: 5,685 SAR
Estimated Weekly Salary: 1,312 SAR per week
Estimated Hourly Salary: 33 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 66,160 SAREstimated Monthly Salary: 5,513 SAR
Estimated Weekly Salary: 1,272 SAR per week
Estimated Hourly Salary: 32 SAR per hour
Last revision of data: 2024-01-06Retail Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 17,064 USD
Estimated Monthly Salary: 1,422 USD
Estimated Weekly Salary: 328 USD per week
Estimated Hourly Salary: 8 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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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 Retail Banker job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Retail Banker in Saudi Arabia earns on average:
0.66 times the average salary (or 66% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Retail Banker job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Retail Banker in Saudi Arabia earns on average:
0.66 times the average salary (or 66% 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 75,038 SAR and 98,913 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Banker 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: 68,216 SAR
Estimated Monthly Salary: 5,685 SAR
Estimated Weekly Salary: 1,312 SAR per week
Estimated Hourly Salary: 33 SAR per hour
By working as Retail Banker a person can save up to 318 USD per month or 3,821 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 Retail Banker
Jordan is 5,901 USD
Iraq is 3,719 USD
Kuwait is 8,321 USD
Qatar is 43,724 USD
Bahrain is 11,043 USD
United Arab Emirates is 30,405 USD
Oman is 5,626 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:
Mep engineer (134,355 SAR per year, pre-tax.)
Passport specialist (95,186 SAR per year, pre-tax.)
Longliner fisherman (131,210 SAR per year, pre-tax.)
Manufacturing director (274,540 SAR per year, pre-tax.)
Junior media buyer (95,545 SAR per year, pre-tax.)
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