Home > Salary > Singapore > Business Banking Officer
A business banking officer is responsible for managing the financial needs of corporate clients within a bank. They work closely with business owners, entrepreneurs, and executives to understand their financial goals and provide tailored financial solutions. Their main duties include analyzing financial statements, assessing creditworthiness, developing loan proposals, and overseeing the loan approval process. Business banking officers also maintain relationships with existing clients, actively seek new business opportunities, and cross-sell various banking products and services.
Estimated Yearly Salary: 175,289 SGD
Estimated Monthly Salary: 14,607 SGD
Estimated Weekly Salary: 3,371 SGD per week
Estimated Hourly Salary: 84 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,161 SGD
Estimated Weekly Salary: 3,268 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 88,098 USD
Estimated Monthly Salary: 7,342 USD
Estimated Weekly Salary: 1,694 USD per week
Estimated Hourly Salary: 42 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: 175,289 SGD
Estimated Monthly Salary: 14,607 SGD
Estimated Weekly Salary: 3,371 SGD per week
Estimated Hourly Salary: 84 SGD per hour
By working as Business Banking Officer a person can save up to 4,654 USD per month or 55,842 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 Banking Officer
Last revision of data: 2025-01-04
Data as of 2025
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Business Banking Officer salary in Singapore
Average Yearly Salary of Business Banking Officer in Singapore is approximately 175,289 SGD (88,098 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 Banking Officer do?
A business banking officer is responsible for managing the financial needs of corporate clients within a bank. They work closely with business owners, entrepreneurs, and executives to understand their financial goals and provide tailored financial solutions. Their main duties include analyzing financial statements, assessing creditworthiness, developing loan proposals, and overseeing the loan approval process. Business banking officers also maintain relationships with existing clients, actively seek new business opportunities, and cross-sell various banking products and services.
Skills: business banking, financial analysis, credit assessment, loan proposal development, relationship management, cross-selling.
Job industry: Banking
Job industry: Banking
How much does Business Banking Officer make?
Salary details
How much does Business Banking Officer make?Estimated Yearly Salary: 175,289 SGD
Estimated Monthly Salary: 14,607 SGD
Estimated Weekly Salary: 3,371 SGD per week
Estimated Hourly Salary: 84 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 169,936 SGDEstimated Monthly Salary: 14,161 SGD
Estimated Weekly Salary: 3,268 SGD per week
Estimated Hourly Salary: 82 SGD per hour
Last revision of data: 2024-01-08Business Banking Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 88,098 USD
Estimated Monthly Salary: 7,342 USD
Estimated Weekly Salary: 1,694 USD per week
Estimated Hourly Salary: 42 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 Business Banking Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Banking Officer in Singapore earns on average:
1.84 times the average salary (or 184% 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 Banking Officer job salary compared to average salary in Singapore.
Comparison shows that a person working as Business Banking Officer in Singapore earns on average:
1.84 times the average salary (or 184% of average salary).
Is Business Banking Officer a well paid job?
Yes, our data shows that Business Banking Officer 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 Banking Officer?
High salary for Business Banking Officer would be somewhere between 192,818 SGD and 254,169 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Banking Officer 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: 175,289 SGD
Estimated Monthly Salary: 14,607 SGD
Estimated Weekly Salary: 3,371 SGD per week
Estimated Hourly Salary: 84 SGD per hour
By working as Business Banking Officer a person can save up to 4,654 USD per month or 55,842 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 Banking Officer
Malaysia is 23,184 USD
Indonesia is 13,845 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
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(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.)
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Data as of 2025Random salary:
Energy efficiency specialist (161,146 SGD per year, pre-tax.)
Zookeeper (68,854 SGD per year, pre-tax.)
Furniture designer (91,562 SGD per year, pre-tax.)
Medical reimbursement specialist (100,323 SGD per year, pre-tax.)
Blacksmith (106,942 SGD per year, pre-tax.)
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Please note:The salary estimates on this website are meant for informational use only.
The salary figures presented here are intended for informational purposes only. While we strive to ensure accuracy, we cannot guarantee every estimate is flawless. Users are advised to research salary details with independent authorities before making important financial decisions. Salary amounts can change due to economic shifts, demand variations, and regional factors. We disclaim responsibility for errors in the compensation data displayed.
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