Home > Salary > Singapore > Bank Analyst
A bank analyst is responsible for conducting in-depth financial research and analysis of banks and financial institutions. They evaluate the performance, profitability, and risk management practices of banks, as well as assess their overall financial health. Bank analysts analyze financial statements, market trends, and economic indicators to provide insights and recommendations to clients or internal stakeholders. They also monitor regulatory compliance and industry developments to identify potential risks and opportunities. Bank analysts may work in investment banks, commercial banks, or financial consulting firms, providing crucial information to support investment decisions, risk management strategies, and financial planning.
Estimated Yearly Salary: 124,423 SGD
Estimated Monthly Salary: 10,369 SGD
Estimated Weekly Salary: 2,393 SGD per week
Estimated Hourly Salary: 60 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,011 SGD
Estimated Weekly Salary: 2,310 SGD per week
Estimated Hourly Salary: 58 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 62,073 USD
Estimated Monthly Salary: 5,173 USD
Estimated Weekly Salary: 1,194 USD per week
Estimated Hourly Salary: 30 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 124,423 SGD
Estimated Monthly Salary: 10,369 SGD
Estimated Weekly Salary: 2,393 SGD per week
Estimated Hourly Salary: 60 SGD per hour
By working as Bank Analyst a person can save up to 2,485 USD per month or 29,817 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 Singapore, see costs of living in Singapore.
Estimated Yearly Salary for Bank Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Bank Analyst salary in Singapore
Average Yearly Salary of Bank Analyst in Singapore is approximately 124,423 SGD (62,073 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 Bank Analyst do?
A bank analyst is responsible for conducting in-depth financial research and analysis of banks and financial institutions. They evaluate the performance, profitability, and risk management practices of banks, as well as assess their overall financial health. Bank analysts analyze financial statements, market trends, and economic indicators to provide insights and recommendations to clients or internal stakeholders. They also monitor regulatory compliance and industry developments to identify potential risks and opportunities. Bank analysts may work in investment banks, commercial banks, or financial consulting firms, providing crucial information to support investment decisions, risk management strategies, and financial planning.
Skills: Bank analysis, Financial research, Risk assessment, Financial modeling, Investment banking, Financial consulting
Job industry: Finance
Job industry: Finance
How much does Bank Analyst make?
Salary details
How much does Bank Analyst make?Estimated Yearly Salary: 124,423 SGD
Estimated Monthly Salary: 10,369 SGD
Estimated Weekly Salary: 2,393 SGD per week
Estimated Hourly Salary: 60 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 120,126 SGDEstimated Monthly Salary: 10,011 SGD
Estimated Weekly Salary: 2,310 SGD per week
Estimated Hourly Salary: 58 SGD per hour
Last revision of data: 2024-01-03Bank Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 62,073 USD
Estimated Monthly Salary: 5,173 USD
Estimated Weekly Salary: 1,194 USD per week
Estimated Hourly Salary: 30 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bank Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Analyst in Singapore earns on average:
1.3 times the average salary (or 130% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Bank Analyst job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Analyst in Singapore earns on average:
1.3 times the average salary (or 130% of average salary).
Is Bank Analyst a well paid job?
Yes, our data shows that Bank Analyst 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 Bank Analyst?
High salary for Bank Analyst would be somewhere between 136,865 SGD and 180,413 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Analyst in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 124,423 SGD
Estimated Monthly Salary: 10,369 SGD
Estimated Weekly Salary: 2,393 SGD per week
Estimated Hourly Salary: 60 SGD per hour
By working as Bank Analyst a person can save up to 2,485 USD per month or 29,817 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Analyst
Malaysia is 16,407 USD
Indonesia is 9,823 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 Singapore
(1,400,313 SGD per year, pre-tax.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Veterinarian assistant (68,854 SGD per year, pre-tax.)
Ai programmer (205,633 SGD per year, pre-tax.)
Pathology assistant (73,319 SGD per year, pre-tax.)
Sap business intelligence manager (152,538 SGD per year, pre-tax.)
Administrative clerk (84,968 SGD per year, pre-tax.)
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optisalary.com provides salary data solely for informational purposes. While we strive for correctness, we do not ensure the validity of all figures. Users should double-check salary details with official organizations before making financial plans. Salary estimates may vary based on numerous factors, such as geographic location, experience, and job role. We accept no responsibility for misinterpretations in the salary figures provided. By using optisalary.com, you accept that salary data is subject to change.