Home > Salary > South Africa > 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: 251,909 ZAR
Estimated Monthly Salary: 20,992 ZAR
Estimated Weekly Salary: 4,844 ZAR per week
Estimated Hourly Salary: 121 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,323 ZAR
Estimated Weekly Salary: 4,690 ZAR per week
Estimated Hourly Salary: 117 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 12,584 USD
Estimated Monthly Salary: 1,049 USD
Estimated Weekly Salary: 242 USD per week
Estimated Hourly Salary: 6 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: 251,909 ZAR
Estimated Monthly Salary: 20,992 ZAR
Estimated Weekly Salary: 4,844 ZAR per week
Estimated Hourly Salary: 121 ZAR per hour
By working as Banking Director a person can save up to 777 USD per month or 9,330 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 Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Banking Director salary in South Africa
Average Yearly Salary of Banking Director in South Africa is approximately 251,909 ZAR (12,584 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: 251,909 ZAR
Estimated Monthly Salary: 20,992 ZAR
Estimated Weekly Salary: 4,844 ZAR per week
Estimated Hourly Salary: 121 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 243,880 ZAREstimated Monthly Salary: 20,323 ZAR
Estimated Weekly Salary: 4,690 ZAR per week
Estimated Hourly Salary: 117 ZAR 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: 12,584 USD
Estimated Monthly Salary: 1,049 USD
Estimated Weekly Salary: 242 USD per week
Estimated Hourly Salary: 6 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
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 Director job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Director in South Africa earns on average:
1.98 times the average salary (or 198% 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 Director job salary compared to average salary in South Africa.
Comparison shows that a person working as Banking Director in South Africa earns on average:
1.98 times the average salary (or 198% of average salary).
Is Banking Director a well paid job?
Yes, our data shows that Banking Director 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 Director?
High salary for Banking Director would be somewhere between 277,100 ZAR and 365,268 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking Director 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: 251,909 ZAR
Estimated Monthly Salary: 20,992 ZAR
Estimated Weekly Salary: 4,844 ZAR per week
Estimated Hourly Salary: 121 ZAR per hour
By working as Banking Director a person can save up to 777 USD per month or 9,330 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 Director
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:
Health information management (him), manager (118,912 ZAR per year, pre-tax.)
Senior strategy analyst (196,781 ZAR per year, pre-tax.)
High school counselor (140,420 ZAR per year, pre-tax.)
Consultant public relations (208,203 ZAR per year, pre-tax.)
Certified records manager (120,037 ZAR per year, pre-tax.)
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