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Salary Structure of Commercial Banks (First Bank Will Surprise You)

by myeduproject January 8, 2024
written by myeduproject Published: January 8, 2024Last Updated on January 9, 2024
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Salary Structure of Commercial Banks (First Bank Will Surprise You)

Commercial Banks in Nigeria are known for their large customer base, friendly innovations to suit customers, and world-class facilities, while many commercial banks have windup, many are still very active

There are more than 25 active commercial banks in the country with some having branches in all the 36 states and the Federal Capital City of Abuja.

Some of these commercial banks have a large staff or numerical strength, and thus; pay their workers slightly above the minimum wage, others pay based on International Standard (foreign banks).

Most of Nigeria’s Commercial banks have good ROI in their statement of financial position and value-added statement, meaning that they are well-to-do and can afford to pay their staff the national minimum wage rate

For clarity purpose, this article specifically review the Salary Structure of Nigerian Commercial Banks, although there are a plethora of blog post that has done justice to this topic, we are looking at the current and latest Salary Structure of Nigerian Commercial Banks

However, the Salary Structure of the Nigerian Commercial Banks you are about to see may not be 100% accurate at this time, the reason is that there is bound to  be an increase or decrease in salary at any point in time

Also, this information cannot be used as official evidence but may serve or be used as a guide as to what staff go home with monthly and annually as commercial banks are concerned

These salaries may also vary in numbers since salaries are paid based on Unit, Experience, and qualification. Also, it is worthy to mention that

Warning: These Salary Structure of Nigerian Commercial Banks are for permanent staff only.

Salary Structure of Commercial Banks (First Bank Will Surprise You)
Salary Structure of Commercial Banks (First Bank Will Surprise You)

Diamond Bank Salary Structure  N240,000 (N80,000 for trainees)

United Bank for Africa Salary Structure  N142,000

First Bank Salary Structure           N150,000 + allowances worth around N150,000+

Access Bank Salary Structure      N237,000

Enterprise Bank Salary Structure               N249,000

Union Bank Salary Structure          N180,000/N258,000

Guaranty Trust Bank Salary Structure      N209,000

Keystone Bank Salary Structure N127,000 excluding allowances

Fidelity Bank Plc Salary Structure               N180,000

Skye Bank Salary Structure          N104,000

FBN Capital Salary Structure        N400,000+

Fill free to tell us if these figures are wrong

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