Home > Salary > Singapore > Business Banker
A business banker is a professional who works in the banking industry and specializes in providing financial services to small and medium-sized businesses. Their primary role is to establish and maintain relationships with business clients, understand their financial needs, and offer appropriate banking products and services. They assist businesses in managing their cash flow, financing expansion projects, securing loans, and providing advice on financial planning and investment options. Business bankers also analyze financial statements, evaluate creditworthiness, and make recommendations for loan approvals. They work closely with business owners to understand their goals and objectives, and help them navigate through financial challenges and opportunities.
Estimated Yearly Salary: 182,342 SGD
Estimated Monthly Salary: 15,195 SGD
Estimated Weekly Salary: 3,507 SGD per week
Estimated Hourly Salary: 88 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,650 SGD
Estimated Weekly Salary: 3,381 SGD per week
Estimated Hourly Salary: 85 SGD per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 91,322 USD
Estimated Monthly Salary: 7,610 USD
Estimated Weekly Salary: 1,756 USD per week
Estimated Hourly Salary: 44 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: 182,342 SGD
Estimated Monthly Salary: 15,195 SGD
Estimated Weekly Salary: 3,507 SGD per week
Estimated Hourly Salary: 88 SGD per hour
By working as Business Banker a person can save up to 4,922 USD per month or 59,066 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 Business Banker
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Radiology technician (76,302 SGD per year, pre-tax.)
Admissions representative (48,880 SGD per year, pre-tax.)
Banking analyst (186,796 SGD per year, pre-tax.)
Health fitness specialist (55,319 SGD per year, pre-tax.)
Multiple machine tool setter operator tender metal and plastic (55,319 SGD per year, pre-tax.)
Business Banker salary in Singapore
Average Yearly Salary of Business Banker in Singapore is approximately 182,342 SGD (91,322 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 Business Banker do?
A business banker is a professional who works in the banking industry and specializes in providing financial services to small and medium-sized businesses. Their primary role is to establish and maintain relationships with business clients, understand their financial needs, and offer appropriate banking products and services. They assist businesses in managing their cash flow, financing expansion projects, securing loans, and providing advice on financial planning and investment options. Business bankers also analyze financial statements, evaluate creditworthiness, and make recommendations for loan approvals. They work closely with business owners to understand their goals and objectives, and help them navigate through financial challenges and opportunities.
Skills: Business banking, Financial services, Relationship management, Cash flow management, Business loans, Financial planning
Job industry: Banking
Job industry: Banking
How much does Business Banker make?
Salary details
How much does Business Banker make?Estimated Yearly Salary: 182,342 SGD
Estimated Monthly Salary: 15,195 SGD
Estimated Weekly Salary: 3,507 SGD per week
Estimated Hourly Salary: 88 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 175,796 SGDEstimated Monthly Salary: 14,650 SGD
Estimated Weekly Salary: 3,381 SGD per week
Estimated Hourly Salary: 85 SGD per hour
Last revision of data: 2024-01-02Business Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 91,322 USD
Estimated Monthly Salary: 7,610 USD
Estimated Weekly Salary: 1,756 USD per week
Estimated Hourly Salary: 44 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Business Banker job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Banker in Singapore earns on average:
1.91 times the average salary (or 191% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Business Banker job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Banker in Singapore earns on average:
1.91 times the average salary (or 191% of average salary).
Is Business Banker a well paid job?
Yes, our data shows that Business Banker 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 Business Banker?
High salary for Business Banker would be somewhere between 200,576 SGD and 264,396 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Banker 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: 182,342 SGD
Estimated Monthly Salary: 15,195 SGD
Estimated Weekly Salary: 3,507 SGD per week
Estimated Hourly Salary: 88 SGD per hour
By working as Business Banker a person can save up to 4,922 USD per month or 59,066 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 Business Banker
Malaysia is 24,075 USD
Indonesia is 14,319 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:
Radiology technician (76,302 SGD per year, pre-tax.)
Admissions representative (48,880 SGD per year, pre-tax.)
Banking analyst (186,796 SGD per year, pre-tax.)
Health fitness specialist (55,319 SGD per year, pre-tax.)
Multiple machine tool setter operator tender metal and plastic (55,319 SGD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=singapore&job=business-banker'><img src='https://optisalary.com/wp-content/graphs/salary/business-banker-salary-in-singapore-2025.jpg' alt='business banker salary in singapore 2025' title='business banker salary in singapore 2025' /></a>
Please note:The salary figures presented here are intended for reference purposes solely.
Salary data displayed on this site is informational exclusively. Our figures are compiled various inputs, but we cannot guarantee absolute correctness. Users must always verify salary details with official resources before making financial decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no warranties about the completeness of the provided salary data. By continuing to use this site, you acknowledge these terms.
optisalary.com presents salary data for informational use exclusively. We attempt to provide reliable figures, but cannot assure their validity. Users are encouraged to consult official sources before making employment choices. Salary ranges can fluctuate due to geographic location, experience, and industry trends. We assume no liability for inconsistencies in the salary information provided. Your continued use with this site indicates understanding of this disclaimer.