Home > Salary > South Africa > 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: 183,205 ZAR
Estimated Monthly Salary: 15,267 ZAR
Estimated Weekly Salary: 3,523 ZAR per week
Estimated Hourly Salary: 88 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,780 ZAR
Estimated Weekly Salary: 3,411 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,204 USD
Estimated Monthly Salary: 767 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 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: 183,205 ZAR
Estimated Monthly Salary: 15,267 ZAR
Estimated Weekly Salary: 3,523 ZAR per week
Estimated Hourly Salary: 88 ZAR per hour
By working as Business Banker a person can save up to 496 USD per month or 5,950 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 Business Banker
Last revision of data: 2025-01-04
Data as of 2025
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Business Banker salary in South Africa
Average Yearly Salary of Business Banker in South Africa is approximately 183,205 ZAR (9,204 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: 183,205 ZAR
Estimated Monthly Salary: 15,267 ZAR
Estimated Weekly Salary: 3,523 ZAR per week
Estimated Hourly Salary: 88 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 177,360 ZAREstimated Monthly Salary: 14,780 ZAR
Estimated Weekly Salary: 3,411 ZAR per week
Estimated Hourly Salary: 85 ZAR per hour
Last revision of data: 2024-01-03Business Banker estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,204 USD
Estimated Monthly Salary: 767 USD
Estimated Weekly Salary: 177 USD per week
Estimated Hourly Salary: 4 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
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 Business Banker job salary compared to average salary in South Africa.
Comparison shows that a person working as Business Banker in South Africa earns on average:
1.44 times the average salary (or 144% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Business Banker job salary compared to average salary in South Africa.
Comparison shows that a person working as Business Banker in South Africa earns on average:
1.44 times the average salary (or 144% 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 201,526 ZAR and 265,647 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Banker 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: 183,205 ZAR
Estimated Monthly Salary: 15,267 ZAR
Estimated Weekly Salary: 3,523 ZAR per week
Estimated Hourly Salary: 88 ZAR per hour
By working as Business Banker a person can save up to 496 USD per month or 5,950 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 Business Banker
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
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Data as of 2025Random salary:
House painter (101,314 ZAR per year, pre-tax.)
Shipping supervisor (101,207 ZAR per year, pre-tax.)
Landscape manager (142,286 ZAR per year, pre-tax.)
Rate analyst (112,178 ZAR per year, pre-tax.)
Sales representative wholesale and manufacturing (but not technical and scientific products) (123,577 ZAR per year, pre-tax.)
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