Home > Salary > South Africa > Banking Branch Manager
A banking branch manager is responsible for overseeing the operations of a bank branch. They manage a team of employees, including tellers, loan officers, and customer service representatives, ensuring that all daily activities are carried out efficiently and effectively. The branch manager is also responsible for developing and implementing strategies to attract new customers, retain existing ones, and meet sales targets. They handle customer complaints and inquiries, resolve issues, and ensure excellent customer service. Additionally, they monitor financial transactions, review branch performance, and prepare reports for senior management. A banking branch manager must have strong leadership and communication skills, as well as a thorough understanding of banking products and services. They should be knowledgeable about compliance regulations and risk management. This role requires excellent problem-solving abilities and the ability to work well under pressure.
Estimated Yearly Salary: 157,850 ZAR
Estimated Monthly Salary: 13,154 ZAR
Estimated Weekly Salary: 3,036 ZAR per week
Estimated Hourly Salary: 76 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 12,687 ZAR
Estimated Weekly Salary: 2,928 ZAR per week
Estimated Hourly Salary: 73 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,853 USD
Estimated Monthly Salary: 654 USD
Estimated Weekly Salary: 151 USD per week
Estimated Hourly Salary: 4 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: 157,850 ZAR
Estimated Monthly Salary: 13,154 ZAR
Estimated Weekly Salary: 3,036 ZAR per week
Estimated Hourly Salary: 76 ZAR per hour
By working as Banking Branch Manager a person can save up to 383 USD per month or 4,599 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Banking Branch Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Front desk receptionist medical or dental office (75,380 ZAR per year, pre-tax.)
Deputy executive director non-profit organization (157,049 ZAR per year, pre-tax.)
Sales representative industrial product (124,409 ZAR per year, pre-tax.)
Biomedical engineering technician (128,580 ZAR per year, pre-tax.)
Water distribution operator (69,557 ZAR per year, pre-tax.)
Banking Branch Manager salary in South Africa
Average Yearly Salary of Banking Branch Manager in South Africa is approximately 157,850 ZAR (7,853 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 Branch Manager do?
A banking branch manager is responsible for overseeing the operations of a bank branch. They manage a team of employees, including tellers, loan officers, and customer service representatives, ensuring that all daily activities are carried out efficiently and effectively. The branch manager is also responsible for developing and implementing strategies to attract new customers, retain existing ones, and meet sales targets. They handle customer complaints and inquiries, resolve issues, and ensure excellent customer service. Additionally, they monitor financial transactions, review branch performance, and prepare reports for senior management. A banking branch manager must have strong leadership and communication skills, as well as a thorough understanding of banking products and services. They should be knowledgeable about compliance regulations and risk management. This role requires excellent problem-solving abilities and the ability to work well under pressure.
Skills: Banking, Branch Manager, Leadership, Customer Service, Sales, Risk Management
Job industry: Banking
Job industry: Banking
How much does Banking Branch Manager make?
Salary details
How much does Banking Branch Manager make?Estimated Yearly Salary: 157,850 ZAR
Estimated Monthly Salary: 13,154 ZAR
Estimated Weekly Salary: 3,036 ZAR per week
Estimated Hourly Salary: 76 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 152,240 ZAREstimated Monthly Salary: 12,687 ZAR
Estimated Weekly Salary: 2,928 ZAR per week
Estimated Hourly Salary: 73 ZAR per hour
Last revision of data: 2024-01-03Banking Branch Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,853 USD
Estimated Monthly Salary: 654 USD
Estimated Weekly Salary: 151 USD per week
Estimated Hourly Salary: 4 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
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Banking Branch Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Branch Manager in South Africa earns on average:
1.24 times the average salary (or 124% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Banking Branch Manager job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Branch Manager in South Africa earns on average:
1.24 times the average salary (or 124% of average salary).
Is Banking Branch Manager a well paid job?
Yes, our data shows that Banking Branch 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 Banking Branch Manager?
High salary for Banking Branch Manager would be somewhere between 173,635 ZAR and 228,883 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Branch Manager in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 157,850 ZAR
Estimated Monthly Salary: 13,154 ZAR
Estimated Weekly Salary: 3,036 ZAR per week
Estimated Hourly Salary: 76 ZAR per hour
By working as Banking Branch Manager a person can save up to 383 USD per month or 4,599 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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 Branch Manager
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
2. Cardiologist
(1,176,011 ZAR per year, pre-tax.)
(1,138,908 ZAR per year, pre-tax.)
(1,102,268 ZAR per year, pre-tax.)
5. Neurosurgeon
(1,100,784 ZAR per year, pre-tax.)
(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
(1,071,922 ZAR per year, pre-tax.)
10. Urologist
(1,071,632 ZAR per year, pre-tax.)
Data as of 2025Random salary:
Front desk receptionist medical or dental office (75,380 ZAR per year, pre-tax.)
Deputy executive director non-profit organization (157,049 ZAR per year, pre-tax.)
Sales representative industrial product (124,409 ZAR per year, pre-tax.)
Biomedical engineering technician (128,580 ZAR per year, pre-tax.)
Water distribution operator (69,557 ZAR per year, pre-tax.)
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