Home > Salary > Singapore > Banker 1
A banker is a professional who works in the financial industry, primarily in banks and other financial institutions. They are responsible for providing a wide range of financial services to individuals, businesses, and organizations. Bankers play a crucial role in managing deposits, loans, and investments, and they assist clients in achieving their financial goals. They analyze financial data, assess risks, and make informed decisions regarding loans and investments. Bankers also provide advice on financial planning, wealth management, and investment strategies. They handle transactions, open and close accounts, and ensure compliance with banking regulations and policies. Effective communication, strong analytical skills, attention to detail, and customer service orientation are essential qualities for success in this occupation.
Estimated Yearly Salary: 77,221 SGD
Estimated Monthly Salary: 6,435 SGD
Estimated Weekly Salary: 1,485 SGD per week
Estimated Hourly Salary: 37 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 6,226 SGD
Estimated Weekly Salary: 1,437 SGD per week
Estimated Hourly Salary: 36 SGD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 38,645 USD
Estimated Monthly Salary: 3,220 USD
Estimated Weekly Salary: 743 USD per week
Estimated Hourly Salary: 19 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: 77,221 SGD
Estimated Monthly Salary: 6,435 SGD
Estimated Weekly Salary: 1,485 SGD per week
Estimated Hourly Salary: 37 SGD per hour
By working as Banker 1 a person can save up to 532 USD per month or 6,389 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 Banker 1
Last revision of data: 2025-01-04
Data as of 2025
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Banker 1 salary in Singapore
Average Yearly Salary of Banker 1 in Singapore is approximately 77,221 SGD (38,645 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 Banker 1 do?
A banker is a professional who works in the financial industry, primarily in banks and other financial institutions. They are responsible for providing a wide range of financial services to individuals, businesses, and organizations. Bankers play a crucial role in managing deposits, loans, and investments, and they assist clients in achieving their financial goals. They analyze financial data, assess risks, and make informed decisions regarding loans and investments. Bankers also provide advice on financial planning, wealth management, and investment strategies. They handle transactions, open and close accounts, and ensure compliance with banking regulations and policies. Effective communication, strong analytical skills, attention to detail, and customer service orientation are essential qualities for success in this occupation.
Skills: Financial services, Banking industry, Investments, Risk assessment, Financial planning, Customer service.
Job industry: Finance
Job industry: Finance
How much does Banker 1 make?
Salary details
How much does Banker 1 make?Estimated Yearly Salary: 77,221 SGD
Estimated Monthly Salary: 6,435 SGD
Estimated Weekly Salary: 1,485 SGD per week
Estimated Hourly Salary: 37 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 74,712 SGDEstimated Monthly Salary: 6,226 SGD
Estimated Weekly Salary: 1,437 SGD per week
Estimated Hourly Salary: 36 SGD per hour
Last revision of data: 2024-01-08Banker 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 38,645 USD
Estimated Monthly Salary: 3,220 USD
Estimated Weekly Salary: 743 USD per week
Estimated Hourly Salary: 19 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
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 Banker 1 job salary compared to average salary in Singapore.
Comparison shows that a person working as Banker 1 in Singapore earns on average:
0.81 times the average salary (or 81% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Banker 1 job salary compared to average salary in Singapore.
Comparison shows that a person working as Banker 1 in Singapore earns on average:
0.81 times the average salary (or 81% of average salary).
Is Banker 1 a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Banker 1?
High salary for Banker 1 would be somewhere between 84,943 SGD and 111,970 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banker 1 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: 77,221 SGD
Estimated Monthly Salary: 6,435 SGD
Estimated Weekly Salary: 1,485 SGD per week
Estimated Hourly Salary: 37 SGD per hour
By working as Banker 1 a person can save up to 532 USD per month or 6,389 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 Banker 1
Malaysia is 10,210 USD
Indonesia is 6,109 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:
Player's club representative (33,710 SGD per year, pre-tax.)
Geographer (107,029 SGD per year, pre-tax.)
Research associate contract (133,209 SGD per year, pre-tax.)
Ophthalmic technician (94,316 SGD per year, pre-tax.)
Metal fabricator (96,688 SGD per year, pre-tax.)
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