Home > Salary > Uganda > Product Manager Banking
A Product Manager in the banking industry is responsible for the development and management of banking products and services. They work closely with cross-functional teams, including marketing, sales, technology, and operations, to identify market needs, define product strategies, and oversee the entire product lifecycle. This includes conducting market research, analyzing customer feedback, and collaborating with stakeholders to prioritize and execute product enhancements or new product launches. The Product Manager also ensures compliance with regulatory requirements, monitors market trends, and identifies opportunities for product innovation and differentiation. They are responsible for setting product pricing, defining product positioning, and creating marketing collateral to support sales efforts. Strong analytical skills, strategic thinking, and excellent communication skills are essential for this role.
Estimated Yearly Salary: 8,655,200 UGX
Estimated Monthly Salary: 721,267 UGX
Estimated Weekly Salary: 166,446 UGX per week
Estimated Hourly Salary: 4,161 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 697,136 UGX
Estimated Weekly Salary: 160,877 UGX per week
Estimated Hourly Salary: 4,022 UGX per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 2,215 USD
Estimated Monthly Salary: 185 USD
Estimated Weekly Salary: 43 USD per week
Estimated Hourly Salary: 1 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: 8,655,200 UGX
Estimated Monthly Salary: 721,267 UGX
Estimated Weekly Salary: 166,446 UGX per week
Estimated Hourly Salary: 4,161 UGX per hour
By working as Product Manager Banking a person can save up to 135 USD per month or 1,615 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 Uganda, see costs of living in Uganda.
Estimated Yearly Salary for Product Manager Banking
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Product Manager Banking salary in Uganda
Average Yearly Salary of Product Manager Banking in Uganda is approximately 8,655,200 UGX (2,215 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 Product Manager Banking do?
A Product Manager in the banking industry is responsible for the development and management of banking products and services. They work closely with cross-functional teams, including marketing, sales, technology, and operations, to identify market needs, define product strategies, and oversee the entire product lifecycle. This includes conducting market research, analyzing customer feedback, and collaborating with stakeholders to prioritize and execute product enhancements or new product launches. The Product Manager also ensures compliance with regulatory requirements, monitors market trends, and identifies opportunities for product innovation and differentiation. They are responsible for setting product pricing, defining product positioning, and creating marketing collateral to support sales efforts. Strong analytical skills, strategic thinking, and excellent communication skills are essential for this role.
Skills: Product Manager, Banking, Product Development, Market Research, Product Strategy, Innovation
Job industry: Banking
Job industry: Banking
How much does Product Manager Banking make?
Salary details
How much does Product Manager Banking make?Estimated Yearly Salary: 8,655,200 UGX
Estimated Monthly Salary: 721,267 UGX
Estimated Weekly Salary: 166,446 UGX per week
Estimated Hourly Salary: 4,161 UGX per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,365,629 UGXEstimated Monthly Salary: 697,136 UGX
Estimated Weekly Salary: 160,877 UGX per week
Estimated Hourly Salary: 4,022 UGX per hour
Last revision of data: 2024-01-03Product Manager Banking estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,215 USD
Estimated Monthly Salary: 185 USD
Estimated Weekly Salary: 43 USD per week
Estimated Hourly Salary: 1 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
Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Banking job salary compared to average salary in Uganda.
Comparison shows that a person working as Product Manager Banking in Uganda earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Product Manager Banking job salary compared to average salary in Uganda.
Comparison shows that a person working as Product Manager Banking in Uganda earns on average:
1.93 times the average salary (or 193% of average salary).
Is Product Manager Banking a well paid job?
Yes, our data shows that Product Manager Banking 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 Product Manager Banking?
High salary for Product Manager Banking would be somewhere between 9,520,720 UGX and 12,550,040 UGX. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Manager Banking in Uganda?
Living in Uganda the approximate monthly expenses are: 50 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: 8,655,200 UGX
Estimated Monthly Salary: 721,267 UGX
Estimated Weekly Salary: 166,446 UGX per week
Estimated Hourly Salary: 4,161 UGX per hour
By working as Product Manager Banking a person can save up to 135 USD per month or 1,615 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 Uganda, see costs of living in Uganda.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Product Manager Banking
Kenya is 10,610 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 Uganda
(50,940,232 UGX per year, pre-tax.)
2. Cardiologist
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
4. Neurosurgeon
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
6. Oncologist
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)
Data as of 2025Random salary:
Office operations manager (4,621,344 UGX per year, pre-tax.)
Senior photographer (6,137,541 UGX per year, pre-tax.)
Officer in command (9,418,500 UGX per year, pre-tax.)
Receiving worker (2,584,239 UGX per year, pre-tax.)
Dean of students (university) (8,020,406 UGX per year, pre-tax.)
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