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Banking Average Salaries in Philippines 2019

How much money does a person working in Banking make in Philippines?

57,172 PHP per month
Average Monthly Salary
A person working in Banking in Philippines typically earns around 57,172 PHP per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different Banking jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
AML Analyst67,736 PHP
Assistant Bank Branch Manager62,010 PHP
Assistant Bank Manager68,779 PHP
ATM Manager62,687 PHP
ATM Service Technician35,550 PHP
Bank Accounts Analyst47,416 PHP
Bank Accounts Controller48,393 PHP
Bank Accounts Executive56,377 PHP
Bank Accounts Manager58,500 PHP
Bank Auditing Manager58,781 PHP
Bank Branch Manager73,268 PHP
Bank Clerk35,897 PHP
Bank Compliance Specialist49,581 PHP
Bank Manager108,617 PHP
Bank Operational Risk Manager74,689 PHP
Bank Operations Head83,410 PHP
Bank Operations Officer46,937 PHP
Bank Operations Specialist65,231 PHP
Bank Process Manager49,438 PHP
Bank Product Manager 53,016 PHP
Bank Programme Manager65,694 PHP
Bank Project Manager68,045 PHP
Bank Propositions Manager69,572 PHP
Bank Quantitative Analyst49,645 PHP
Bank Regional Manager72,047 PHP
Bank Regional Risk Officer48,742 PHP
Bank Relationship Manager63,678 PHP
Bank Relationship Officer44,296 PHP
Banker44,666 PHP
Banking Business Analyst54,387 PHP
Banking Business Development Officer47,258 PHP
Banking Business Planning Executive65,484 PHP
Banking Product Manager63,332 PHP
Banking Reference Data Manager55,722 PHP
Banking Risk Analyst52,830 PHP
Banking Technical Analyst47,141 PHP
Bankruptcy Coordinator56,734 PHP
Budget Analyst51,876 PHP
Cards Marketing Manager67,649 PHP
Cash Management Manager71,901 PHP
Check Processing Manager66,280 PHP
Commercial Vault Associate54,529 PHP
Corporate Dealer53,926 PHP
Credit Analyst59,442 PHP
Credit and Collections Manager68,235 PHP
Credit Card Fraud Investigator56,420 PHP
Credit Portfolio Manager78,701 PHP
Credit Risk Analyst62,435 PHP
Credit Risk Associate58,738 PHP
Direct Bank Sales Representative49,391 PHP
Financial Bank Planning Consultant58,258 PHP
Financial Banking Analysis Manager68,443 PHP
Financial Banking Assistant45,163 PHP
Financial Banking Systems Manager62,225 PHP
Foreign Exchange Manager69,306 PHP
Fraud Analyst53,483 PHP
Fraud Detection Associate55,638 PHP
Fraud Detection Manager66,795 PHP
Fraud Detection Supervisor54,646 PHP
Internal Bank Audit Manager72,632 PHP
Internal Bank Auditor51,716 PHP
International Banking Manager85,662 PHP
Loan Analyst51,293 PHP
Loan Area Manager59,512 PHP
Loan Audit Team Leader60,721 PHP
Loan Branch Manager58,368 PHP
Loan Business Development Officer53,157 PHP
Loan Clerk38,755 PHP
Loan Collection Manager58,556 PHP
Loan Collector33,646 PHP
Loan Examiner41,170 PHP
Loan Processing Manager49,371 PHP
Loan Processor49,217 PHP
Loan Quality Assurance Auditor54,588 PHP
Loan Quality Assurance Manager58,971 PHP
Loan Quality Assurance Representative50,471 PHP
Loan Review Manager55,293 PHP
Loan Team Leader53,721 PHP
Mortgage Advisor49,801 PHP
Mortgage Collection Manager59,773 PHP
Mortgage Collector39,750 PHP
Mortgage Credit Analyst44,538 PHP
Mortgage Credit Manager54,149 PHP
Mortgage Development Manager65,039 PHP
Mortgage Document Reviewer40,315 PHP
Mortgage Funding Manager62,500 PHP
Mortgage Operations Manager72,258 PHP
Mortgage Payment Processing Clerk36,593 PHP
Mortgage Processing Manager60,849 PHP
Mortgage Processor42,067 PHP
Mortgage Quality Assurance Auditor50,657 PHP
Mortgage Quality Assurance Manager56,919 PHP
Mortgage Servicing Clerk31,968 PHP
Mortgage Servicing Manager59,711 PHP
Mortgage Underwriter38,294 PHP
Online Banking Manager76,716 PHP
Payment Processing Clerk36,368 PHP
Personal Banker53,534 PHP
Personal Banking Advisor 53,006 PHP
Phone Banker46,335 PHP
Private Banker56,276 PHP
Reconciliation and Investigation Specialist49,235 PHP
Teller32,758 PHP
Trade Officer37,795 PHP
Trade Product Manager54,151 PHP
Trader46,290 PHP
Treasury Operations Officer51,616 PHP

Banking Jobs Salary Distribution in Philippines

Median and salary distribution monthly Philippines Banking

Abount These Figures: Salary Range, Median and Percentiles

The Banking salaries in Philippines range between 32,334 PHP per month (minimum salary) to 105,718 PHP per month (maximum salary).

The median salary is 59,459 PHP per month, which means that half (50%) of people working in Banking are earning less than 59,459 PHP while the other half are earning more than 59,459 PHP. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Banking are earning less than 41,307 PHP while 75% of them are earning more than 41,307 PHP. Also from the diagram, 75% of people working in Banking are earning less than 89,195 PHP while 25% are earning more than 89,195 PHP.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Banking Salary Forecast and Trend in Philippines

How do Banking salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Philippines Banking
Average Salary 2016    =  
51,268 PHP
Average Salary 2017    +4%  
53,165 PHP
Average Salary 2018    +4%  
55,132 PHP
Average Salary 2019    +4%  
57,172 PHP
Percentage increase and decrease are relative to the previous value
Banking salaries in Philippines are rising in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Banking Hourly Average Wage in Philippines

330 PHP per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Philippines for Banking is 330 PHP. This means that the average person in Philippines earns approximatly 330 PHP for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix 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 annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Banking VS Other Jobs

Salary Comparison Between Banking and Banking monthly PhilippinesWe compared Philippines salaries for Banking and All Jobs and we found that Banking salaries are 13% more than those of All Jobs.

Salary Comparison By City

CityAverage Salary
Antipolo62,713 PHP
Cagayan de Oro60,681 PHP
Cebu64,910 PHP
Dasmarinas54,794 PHP
Davao67,293 PHP
Kalookan66,006 PHP
Las Pinas57,290 PHP
Makati56,175 PHP
Manila68,255 PHP
Paranaque59,572 PHP
Pasig61,611 PHP
Quezon City69,345 PHP
Taguig63,998 PHP
Valenzuela58,236 PHP
52103 - 89
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