Bank Branch Manager Average Salary in Cairo 2024
How much money does a person working as Bank Branch Manager make in Cairo?
LOW
8,040
EGP AVERAGE
17,100
EGP HIGH
27,000
EGP
A person working as Bank Branch Manager in Cairo typically earns around 17,100 EGP. Salaries range from 8,040 EGP (lowest) to 27,000 EGP (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Bank Branch Manager salaries in Cairo vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bank Branch Manager Pay Scale and Salaries in Cairo
Salary Structure and Pay Scale Comparison
16,100 EGP or more
14,100 to 16,100 EGP
9,850 EGP or less
9,850 to 14,100 EGP
 8,040 EGP |
16,200 EGP |
27,000 EGP |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Bank Branch Manager in Cairo range from 8,040 EGP (starting salary) to 27,000 EGP (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 16,200 EGP, half of the professionals who work as Bank Branch Manager in Cairo earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Bank Branch Manager in Cairo earn less than 13,100 EGP, while 75% earn more. Similarly, the chart shows that 75% earn less than 18,600 EGP while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Bank Branch Manager in Cairo compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 9,850 EGP to 14,100 EGP. About 20% of salaries are below the 9,850 EGP mark, while 10% fall within the range of 14,100 EGP to 16,100 EGP. Only 5% of individuals have salaries exceeding 16,100 EGP.
Salary Comparison by Years of Experience / Bank Branch Manager / Cairo
How do experience and age affect pay?
| 0 - 2 Years | 9,270 EGP | |
| 2 - 5 Years | +38% | 12,800 EGP |
| 5 - 10 Years | +42% | 18,200 EGP |
| 10 - 15 Years | +22% | 22,200 EGP |
| 15 - 20 Years | +6% | 23,400 EGP |
| 20+ Years | +9% | 25,500 EGP |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Bank Branch Manager and this is what we found.
Employees with less than two years of experience earn approximately 9,270 EGP.
While someone with an experience level between two and five years is expected to earn 12,800 EGP, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 18,200 EGP, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 22,200 EGP, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 23,400 EGP, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 25,500 EGP, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Bank Branch Manager / Cairo
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Bank Branch Manager.
| Bachelor's Degree | 12,800 EGP | |
| Master's Degree | +83% | 23,400 EGP |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Bank Branch Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 12,800 EGP.
Level 2: Master's Degree
At this level, the average salary becomes 23,400 EGP, 83% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Egypt costs anywhere from 46,200 EGP to 138,000 EGP and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Bank Branch Manager / Cairo
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Bank Branch Manager in Egypt, the average difference between the salary of male and female employees is 16%.
| Male | 16,800 EGP | |
| Female | -14% | 14,500 EGP |
Salary Comparison By Gender in Egypt for all Careers
Average Annual Salary Increment Percentage / Bank Branch Manager / Cairo
How much are annual salary increments in Cairo for individuals working as Bank Branch Manager? How often do employees get salary raises?
Individuals working as Bank Branch Manager in Egypt are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Egypt / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Bank Branch Manager / Egypt
How much and how often are bonuses being awarded?
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
| Received Bonus | % | |
| No Bonus | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Bank Branch Manager / Cairo
99 EGP per hourThe average hourly wage (pay per hour) for individuals working as Bank Branch Manager in Cairo is 99 EGP.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Bank Branch Manager in Cairo is 46 EGP. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Banking |  -100% | |
| AML Analyst | 15,000 EGP | -12% |
| Assistant Bank Branch Manager | 12,900 EGP | -25% |
| Assistant Bank Manager | 17,400 EGP |  +2% |
| ATM Manager | 15,100 EGP | -12% |
| ATM Service Technician | 3,890 EGP | -77% |
| Bank Accounts Analyst | 5,730 EGP | -67% |
| Bank Accounts Collector | 3,560 EGP | -79% |
| Bank Accounts Controller | 7,570 EGP | -56% |
| Bank Accounts Executive | 10,500 EGP | -39% |
| Bank Accounts Manager | 12,500 EGP | -27% |
| Bank Auditing Manager | 12,900 EGP | -25% |
| Bank Branch Manager | 17,100 EGP | -0% |
| Bank Branch Operations Coordinator | 7,480 EGP | -56% |
| Bank Clerk | 3,310 EGP | -81% |
| Bank Client Service Associate | 4,920 EGP | -71% |
| Bank Collector | 3,710 EGP | -78% |
| Bank Compliance Specialist | 9,360 EGP | -45% |
| Bank Manager | 21,200 EGP | +24% |
| Bank Operational Risk Manager | 20,200 EGP | +18% |
| Bank Operations Head | 20,400 EGP | +19% |
| Bank Operations Officer | 8,230 EGP | -52% |
| Bank Operations Specialist | 12,300 EGP | -28% |
| Bank Process Manager | 11,700 EGP | -32% |
| Bank Product Manager | 13,400 EGP | -22% |
| Bank Programme Manager | 14,100 EGP | -18% |
| Bank Project Manager | 16,800 EGP | -2% |
| Bank Propositions Manager | 14,800 EGP | -13% |
| Bank Quantitative Analyst | 10,700 EGP | -37% |
| Bank Regional Manager | 21,000 EGP | +23% |
| Bank Regional Risk Officer | 11,300 EGP | -34% |
| Bank Relationship Manager | 15,900 EGP | -7% |
| Bank Relationship Officer | 6,840 EGP | -60% |
| Bank Sustainability Analyst | 12,200 EGP | -29% |
| Bank Teller | 3,750 EGP | -78% |
| Banker | 7,430 EGP | -57% |
| Banking Business Analyst | 11,100 EGP | -35% |
| Banking Business Development Officer | 6,690 EGP | -61% |
| Banking Business Planning Executive | 14,800 EGP | -13% |
| Banking Data Analyst | 12,900 EGP | -25% |
| Banking Product Manager | 13,200 EGP | -23% |
| Banking Reference Data Manager | 12,400 EGP | -28% |
| Banking Regulatory Compliance Officer | 12,400 EGP | -28% |
| Banking Risk Analyst | 10,300 EGP | -40% |
| Banking Technical Analyst | 5,850 EGP | -66% |
| Bankruptcy Coordinator | 7,570 EGP | -56% |
| Bill and Account Collector | 3,670 EGP | -79% |
| Blockchain Analyst | 9,680 EGP | -43% |
| Blockchain Architect | 10,500 EGP | -39% |
| Blockchain Auditor | 9,580 EGP | -44% |
| Blockchain Compliance Analyst | 10,200 EGP | -40% |
| Blockchain Consultant | 9,950 EGP | -42% |
| Blockchain Trade Facilitator | 9,070 EGP | -47% |
| Budget Analyst | 11,000 EGP | -36% |
| Capital Risk Manager | 20,600 EGP | +20% |
| Cards Marketing Manager | 13,500 EGP | -21% |
| Cash Management Manager | 19,300 EGP | +13% |
| Check Processing Manager | 14,700 EGP | -14% |
| Chief Blockchain Officer | 12,200 EGP | -29% |
| Commercial Vault Associate | 10,400 EGP | -39% |
| Corporate Banker | 7,950 EGP | -54% |
| Corporate Dealer | 11,700 EGP | -32% |
| Credit Analyst | 8,720 EGP | -49% |
| Credit and Collections Manager | 14,100 EGP | -18% |
| Credit Card Fraud Investigator | 11,100 EGP | -35% |
| Credit Portfolio Manager | 19,700 EGP | +15% |
| Credit Risk Analyst | 12,100 EGP | -29% |
| Credit Risk Associate | 12,000 EGP | -30% |
| Cryptocurrency Accountant | 6,570 EGP | -62% |
| Cryptocurrency Adviser | 13,200 EGP | -23% |
| Cryptocurrency Analyst | 10,200 EGP | -40% |
| Cryptocurrency Compliance Manager | 13,000 EGP | -24% |
| Cryptocurrency Trader | 10,900 EGP | -36% |
| Digital Banking Manager | 14,800 EGP | -13% |
| Digital Currency Analyst | 10,300 EGP | -40% |
| Direct Bank Sales Representative | 7,880 EGP | -54% |
| Exchange Control Consultant | 11,600 EGP | -32% |
| Executive Account Analyst | 11,100 EGP | -35% |
| Financial Bank Planning Consultant | 14,400 EGP | -16% |
| Financial Banking Analysis Manager | 15,700 EGP | -8% |
| Financial Banking Assistant | 5,250 EGP | -69% |
| Financial Banking Systems Manager | 15,400 EGP | -10% |
| Foreign Exchange Manager | 15,400 EGP | -10% |
| Fraud Analyst | 11,600 EGP | -32% |
| Fraud Detection Associate | 7,870 EGP | -54% |
| Fraud Detection Manager | 17,100 EGP | -0% |
| Fraud Detection Supervisor | 9,790 EGP | -43% |
| Internal Bank Audit Manager | 19,600 EGP | +15% |
| Internal Bank Auditor | 10,800 EGP | -37% |
| Internal Private Banker | 7,560 EGP | -56% |
| International Banking Manager | 21,200 EGP | +24% |
| Investment Banking Analyst | 16,100 EGP | -6% |
| Loan Analyst | 10,700 EGP | -37% |
| Loan Area Manager | 12,700 EGP | -26% |
| Loan Audit Team Leader | 11,900 EGP | -30% |
| Loan Branch Manager | 12,100 EGP | -29% |
| Loan Business Development Officer | 6,740 EGP | -61% |
| Loan Clerk | 3,670 EGP | -79% |
| Loan Collection and Recovery Manager | 13,200 EGP | -23% |
| Loan Collection Manager | 12,800 EGP | -25% |
| Loan Collector | 3,710 EGP | -78% |
| Loan Examiner | 4,610 EGP | -73% |
| Loan Officer | 4,200 EGP | -75% |
| Loan Processing Manager | 11,700 EGP | -32% |
| Loan Processor | 5,050 EGP | -70% |
| Loan Quality Assurance Auditor | 10,600 EGP | -38% |
| Loan Quality Assurance Manager | 12,100 EGP | -29% |
| Loan Quality Assurance Representative | 8,330 EGP | -51% |
| Loan Review Manager | 11,700 EGP | -32% |
| Loan Team Leader | 10,800 EGP | -37% |
| Loans Manager | 14,400 EGP | -16% |
| Mortgage Advisor | 7,650 EGP | -55% |
| Mortgage Collection Manager | 13,300 EGP | -22% |
| Mortgage Collector | 3,460 EGP | -80% |
| Mortgage Credit Analyst | 5,790 EGP | -66% |
| Mortgage Credit Manager | 12,500 EGP | -27% |
| Mortgage Development Manager | 13,400 EGP | -22% |
| Mortgage Document Reviewer | 4,700 EGP | -73% |
| Mortgage Funding Manager | 14,400 EGP | -16% |
| Mortgage Operations Manager | 18,300 EGP | +7% |
| Mortgage Payment Processing Clerk | 4,160 EGP | -76% |
| Mortgage Processing Manager | 11,900 EGP | -30% |
| Mortgage Processor | 4,800 EGP | -72% |
| Mortgage Quality Assurance Auditor | 11,100 EGP | -35% |
| Mortgage Quality Assurance Manager | 11,800 EGP | -31% |
| Mortgage Servicing Clerk | 3,830 EGP | -78% |
| Mortgage Servicing Manager | 12,500 EGP | -27% |
| Mortgage Underwriter | 4,560 EGP | -73% |
| Online Banking Manager | 18,600 EGP | +9% |
| Open Banking Strategist | 10,800 EGP | -37% |
| Payment Processing Clerk | 3,900 EGP | -77% |
| Personal Banker | 7,950 EGP | -54% |
| Personal Banking Advisor | 8,180 EGP | -52% |
| Phone Banker | 5,180 EGP | -70% |
| Private Banker | 8,190 EGP | -52% |
| Reconciliation and Investigation Specialist | 8,820 EGP | -48% |
| Tax Officer | 6,470 EGP | -62% |
| Teller | 3,820 EGP | -78% |
| Trade Officer | 4,460 EGP | -74% |
| Trade Product Manager | 13,200 EGP | -23% |
| Trader | 5,130 EGP | -70% |
| Treasury Operations Officer | 9,460 EGP | -45% |
| Wealth Management Advisor | 15,400 EGP | -10% |
Salary Comparison By City
| City | Average Salary |
| Cairo | 17,100 EGP |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Egypt is 6% on average across all career fields.
| Private Sector | 8,930 EGP | |
| Public Sector | +6% | 9,480 EGP |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Bank Branch Manager in Cairo?
A good and competitive compensation would range anywhere between 16,200 EGP and 18,600 EGP. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Bank Branch Manager in Cairo ranges from 8,040 EGP to 13,100 EGP. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
