Home > Salary > Singapore > Banking Director
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
Estimated Yearly Salary: 249,495 SGD
Estimated Monthly Salary: 20,791 SGD
Estimated Weekly Salary: 4,798 SGD per week
Estimated Hourly Salary: 120 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,143 SGD
Estimated Weekly Salary: 4,648 SGD per week
Estimated Hourly Salary: 116 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 125,434 USD
Estimated Monthly Salary: 10,453 USD
Estimated Weekly Salary: 2,412 USD per week
Estimated Hourly Salary: 60 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: 249,495 SGD
Estimated Monthly Salary: 20,791 SGD
Estimated Weekly Salary: 4,798 SGD per week
Estimated Hourly Salary: 120 SGD per hour
By working as Banking Director a person can save up to 7,765 USD per month or 93,178 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 Banking Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior pastor (169,499 SGD per year, pre-tax.)
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Food service director (85,118 SGD per year, pre-tax.)
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Banking Director salary in Singapore
Average Yearly Salary of Banking Director in Singapore is approximately 249,495 SGD (125,434 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 Banking Director do?
A banking director is a high-level executive responsible for overseeing the operations and strategic direction of a bank or financial institution. They play a crucial role in managing the bank's financial performance, ensuring compliance with regulations, and developing and implementing business strategies to drive growth and profitability. Banking directors are responsible for making key decisions related to lending, investments, risk management, and customer service. They collaborate with other senior executives to set goals and objectives, manage budgets, and monitor performance metrics. Additionally, they represent the bank in various external relationships, such as with regulators, investors, and community organizations.
How much does Banking Director make?
Salary details
How much does Banking Director make?Estimated Yearly Salary: 249,495 SGD
Estimated Monthly Salary: 20,791 SGD
Estimated Weekly Salary: 4,798 SGD per week
Estimated Hourly Salary: 120 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 241,718 SGDEstimated Monthly Salary: 20,143 SGD
Estimated Weekly Salary: 4,648 SGD per week
Estimated Hourly Salary: 116 SGD per hour
Last revision of data: 2024-01-03Banking Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 125,434 USD
Estimated Monthly Salary: 10,453 USD
Estimated Weekly Salary: 2,412 USD per week
Estimated Hourly Salary: 60 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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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 Banking Director job salary compared to average salary in Singapore.
Comparison shows that a person working as Banking Director in Singapore earns on average:
2.62 times the average salary (or 262% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Banking Director job salary compared to average salary in Singapore.
Comparison shows that a person working as Banking Director in Singapore earns on average:
2.62 times the average salary (or 262% of average salary).
Is Banking Director a well paid job?
Yes, our data show that Banking Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Banking Director?
High salary for Banking Director would be somewhere between 274,445 SGD and 361,768 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Director 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: 249,495 SGD
Estimated Monthly Salary: 20,791 SGD
Estimated Weekly Salary: 4,798 SGD per week
Estimated Hourly Salary: 120 SGD per hour
By working as Banking Director a person can save up to 7,765 USD per month or 93,178 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 Banking Director
Malaysia is 33,121 USD
Indonesia is 19,681 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:
Senior pastor (169,499 SGD per year, pre-tax.)
Product manager healthcare (155,464 SGD per year, pre-tax.)
Food service director (85,118 SGD per year, pre-tax.)
Branch manager commercial lending (80,904 SGD per year, pre-tax.)
General coordinator (106,187 SGD per year, pre-tax.)
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Please note:The salary data presented here are meant for informational purposes only.
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