Home > Salary > Singapore > Bank Manager
A bank manager is responsible for overseeing the operations of a bank branch or department. They are in charge of managing staff, ensuring customer satisfaction, and meeting financial goals. The bank manager's duties include setting sales targets, developing marketing strategies, and promoting banking products and services. They also handle customer inquiries, resolve complaints, and monitor transactions to prevent fraud. Additionally, bank managers analyze financial data, prepare reports, and make recommendations to improve profitability. They must stay updated on industry regulations and compliance requirements to ensure the bank's adherence to legal standards. Strong leadership, communication, and problem-solving skills are essential for success in this role.
Estimated Yearly Salary: 169,982 SGD
Estimated Monthly Salary: 14,165 SGD
Estimated Weekly Salary: 3,269 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,673 SGD
Estimated Weekly Salary: 3,155 SGD per week
Estimated Hourly Salary: 79 SGD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 84,722 USD
Estimated Monthly Salary: 7,060 USD
Estimated Weekly Salary: 1,629 USD per week
Estimated Hourly Salary: 41 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: 169,982 SGD
Estimated Monthly Salary: 14,165 SGD
Estimated Weekly Salary: 3,269 SGD per week
Estimated Hourly Salary: 82 SGD per hour
By working as Bank Manager a person can save up to 4,372 USD per month or 52,466 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 Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Bank Manager salary in Singapore
Average Yearly Salary of Bank Manager in Singapore is approximately 169,982 SGD (84,722 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 Manager do?
A bank manager is responsible for overseeing the operations of a bank branch or department. They are in charge of managing staff, ensuring customer satisfaction, and meeting financial goals. The bank manager's duties include setting sales targets, developing marketing strategies, and promoting banking products and services. They also handle customer inquiries, resolve complaints, and monitor transactions to prevent fraud. Additionally, bank managers analyze financial data, prepare reports, and make recommendations to improve profitability. They must stay updated on industry regulations and compliance requirements to ensure the bank's adherence to legal standards. Strong leadership, communication, and problem-solving skills are essential for success in this role.
Skills: Bank management, Customer service, Financial analysis, Sales strategy, Compliance, Leadership
Job industry: Banking
Job industry: Banking
How much does Bank Manager make?
Salary details
How much does Bank Manager make?Estimated Yearly Salary: 169,982 SGD
Estimated Monthly Salary: 14,165 SGD
Estimated Weekly Salary: 3,269 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 164,076 SGDEstimated Monthly Salary: 13,673 SGD
Estimated Weekly Salary: 3,155 SGD per week
Estimated Hourly Salary: 79 SGD per hour
Last revision of data: 2024-01-02Bank Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 84,722 USD
Estimated Monthly Salary: 7,060 USD
Estimated Weekly Salary: 1,629 USD per week
Estimated Hourly Salary: 41 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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Country:
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 Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Manager in Singapore earns on average:
1.78 times the average salary (or 178% 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 Manager job salary compared to average salary in Singapore.
Comparison shows that a person working as Bank Manager in Singapore earns on average:
1.78 times the average salary (or 178% of average salary).
Is Bank Manager a well paid job?
Yes, our data shows that Bank Manager 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 Manager?
High salary for Bank Manager would be somewhere between 186,980 SGD and 246,474 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Manager 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: 169,982 SGD
Estimated Monthly Salary: 14,165 SGD
Estimated Weekly Salary: 3,269 SGD per week
Estimated Hourly Salary: 82 SGD per hour
By working as Bank Manager a person can save up to 4,372 USD per month or 52,466 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 Manager
Malaysia is 22,417 USD
Indonesia is 13,405 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:
Electronic data interchange (edi), manager (224,996 SGD per year, pre-tax.)
Special education paraprofessional (48,642 SGD per year, pre-tax.)
Analytical research chemist (184,584 SGD per year, pre-tax.)
Claims representative (82,024 SGD per year, pre-tax.)
Lead maintenance supervisor public works (121,507 SGD per year, pre-tax.)
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