Finance & Banking Salary in Kuwait

Kuwait   Kuwait  • Change Location

Average gross salary for Finance & Banking GROSS SALARY
KWD 23,992
Average gorss salary (USD) for Finance & Banking GROSS SALARY (USD)
US$ 82,094
Average net salary for Finance & Banking NET SALARY
KWD 20,951
The most typical salary for Finance & Banking MOST TYPICAL GROSS
KWD 19,422
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  Updated: 27 Nov 2019   Diff. gross vs. net: 12%
  Salary entries: 72

Finance & Banking Earnings in Kuwait

Average salary for Finance & Banking in Kuwait is KWD 23,992 (Gross). All data are based on our survey (72 individual salary entries). Average take home earning is KWD 20,951 (Net). The most typical salary is KWD 19,422 (Gross).

Earning percentages

Percentage of people earn this salary or more
7 % KWD 56,777
12 % KWD 50,500
21 % KWD 36,000
50 % KWD 21,575
86 % KWD 10,883
90 % KWD 7,466
100 % KWD 2,150

Earning by careers

Career Avg. gross salary (USD) Salary entries
Financial Analyst KWD 19,080 US$ 65,795 16
Finance Manager KWD 25,271 US$ 85,760 12
MBA KWD 38,909 US$ 135,154 08
Risk Manager KWD 34,500 US$ 116,548 06
Investment Manager KWD 32,000 US$ 106,861 06
Banks KWD 27,010 US$ 93,825 05
Chartered Financial Analyst KWD 19,000 US$ 65,919 03
Financial Accountant KWD 11,166 US$ 37,010 03
Bank Cashier KWD 5,890 US$ 20,493 03
Bank Manager KWD 22,000 US$ 78,156 02

Earning by cities

City Avg. gross salary (USD) Salary entries
Kuwait City KWD 24,262 US$ 82,894 67

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Salary entries from individual employees for Finance & Banking in Kuwait

Below is the list of 10 individual salary profiles - all added on this website.

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CONSULTANT


 Posted: 27 Nov 2019

Masters Degree, 12-16 years: "Having 14 years of experience in Corporate Finance."
Individual GROSS salary:
KWD 16,800
US$ 55,818

FINANCE HEAD


 Posted: 22 Oct 2019

Bachelors Degree, 8-12 years: "Finance head preparing and developing valuations, financial analysis, forensic auditing."
Individual GROSS salary:
KWD 16,000
US$ 53,160

SENIOR FINANCIAL ANALYST


 Posted: 24 Sep 2019

Bachelors Degree, 12-16 years: "Due diligence, business plans, feasibility studies, budgeting."
Individual GROSS salary:
KWD 20,000
US$ 66,450

ACQUIRING MANAGER


 Posted: 26 Aug 2019

Bachelors Degree, 16-20 years: "Manage acquiring business."
Individual GROSS salary:
KWD 25,000
US$ 83,063

SENIOR MANAGER – CREDIT RISK (INTERNATIONAL & SUBSIDIARIES)


 Posted: 15 Jul 2019

Masters Degree, 20+ years: "Seasoned and highly motivated Corporate Banking professional with a career of over 20 years in the financial services industry in the Middle East and Europe. Client focused, committed and creative with a wealth of experience and a proven track record in building strong relationships with clients and stakeholders, assessing the creditworthiness of commercial transactions and delivering sound risk management solutions. Skilled in the origination of high standards financing transactions for corporates to support sustainable and profitable portfolio growth and achieve Business aspirations (Syndicated Loans, Export Credit Agency & Cash Flow backed financing, Debt Capital Markets, Working Capital & Transaction Banking financing, Debt Restructuring, etc.). Solid interpersonal, strong verbal & written communication and organization skills and poised for the next level success with well-reputed organizations."
Individual GROSS salary:
KWD 45,000
US$ 149,513

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MANAGER


 Posted: 13 Jul 2019

Masters Degree, 12-16 years: "Loan underwriter."
Individual GROSS salary:
KWD 22,600
US$ 75,089

INVESTMENT BANKING


 Posted: 12 Jul 2019

Masters Degree, 2-4 years: "Corporate Finance."
Individual GROSS salary:
KWD 14,400
US$ 47,844

ACCOUNTS MANAGER


 Posted: 29 Jun 2019

Masters Degree, 8-12 years: "Handling Finance & Accounts for company."
Individual GROSS salary:
KWD 10,800
US$ 35,883

INVESTMENT MANAGER


 Posted: 14 Mar 2019

Bachelors Degree, 12-16 years: "Asset Allocation Investment Analysis Investment Research Due Diligence Equities Bonds Alternative Investments Cash Management Rebalancing Risk Management Investment Planning Portfolio construction Investment monitoring."
Individual GROSS salary:
KWD 51,000
US$ 169,448

FINANCE MANAGER


 Posted: 27 Feb 2019

Masters Degree, 12-16 years: "Managing 3 countries."
Individual GROSS salary:
KWD 37,000
US$ 122,933

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  SALARY BY LEVEL   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Salary levels Avg. gross salary (USD) Avg. gross salary   Salary entries
More US$ 237,076 KWD 68,666
03
205K US$ 202,674 KWD 56,777
01
195K US$ 199,351 KWD 60,000
01
175K US$ 177,016 KWD 51,500
02
165K US$ 166,827 KWD 50,500
02
155K US$ 157,637 KWD 48,000
01
145K US$ 145,458 KWD 42,500
02
125K US$ 126,166 KWD 36,000
03
105K US$ 105,558 KWD 30,684
03
95K US$ 99,099 KWD 30,000
02
85K US$ 83,932 KWD 24,625
08
75K US$ 74,407 KWD 21,575
08
65K US$ 66,942 KWD 19,422
08
55K US$ 53,728 KWD 15,520
05
45K US$ 44,946 KWD 13,028
07
35K US$ 36,576 KWD 10,883
06
25K US$ 25,451 KWD 7,466
03
15K US$ 19,340 KWD 5,842
03
Less US$ 7,143 KWD 2,150
04

  SALARY BY GENDER   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Men US$ 84,074 KWD 24,684 52
Women US$ 72,004 KWD 21,586 09
N/A US$ 80,991 KWD 22,688 11

  SALARY BY EDUCATION   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Doctorate Degree US$ 95,417 KWD 27,194 04
Masters Degree US$ 90,299 KWD 26,345 38
Bachelors Degree US$ 69,277 KWD 20,360 27
Some College US$ 5,981 KWD 1,800 01
High School US$ 63,632 KWD 18,000 01
Bellow H. School US$ 157,637 KWD 48,000 01

Finance & Banking workers holding Bellow H. School degrees enjoy the highest average gross salaries in Kuwait. With an earned Bellow H. School, they grosses KWD 48,000. While Finance & Banking workers with Some College education earn the least, with an average gross income of KWD 1,800. This is 2535.63% lower of what Bellow H. School degree holders earn.


  SALARY BY EXPERIENCE   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
20+ Years US$ 117,748 KWD 34,492 09
16-20 Years US$ 142,526 KWD 43,200 05
12-16 Years US$ 111,235 KWD 32,545 10
8-12 Years US$ 85,151 KWD 24,586 15
4-8 Years US$ 47,830 KWD 13,990 11
2-4 Years US$ 51,175 KWD 14,750 11
1-2 Years US$ 64,638 KWD 18,800 03
0-1 Year US$ 58,228 KWD 16,775 08

Finance & Banking workers in Kuwait with more years of work experience outperform their counterparts with less experience. Workers with 16-20 Years of experience earn a gross average of KWD 43,200 compared to KWD 13,990 for their counterparts with 4-8 Years of experience. The difference between workers with 16-20 Years of experience and 4-8 Years is 197.98%.


  SALARY BY AGE   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
57-62 US$ 107,985 KWD 30,000 01
51-56 US$ 123,991 KWD 36,414 04
45-50 US$ 149,513 KWD 45,000 01
39-44 US$ 114,305 KWD 34,444 09
33-38 US$ 83,400 KWD 24,556 17
27-32 US$ 62,967 KWD 18,321 17
22-26 US$ 64,204 KWD 18,661 11
16-21 US$ 43,193 KWD 13,000 01
N/A US$ 80,991 KWD 22,688 11
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  SALARY BY CAREER   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. MBA US$ 135,154 KWD 38,909 08
2. Risk Manager US$ 116,548 KWD 34,500 06
3. Investment Manager US$ 106,861 KWD 32,000 06
4. Banks US$ 93,825 KWD 27,010 05
5. Finance Manager US$ 85,760 KWD 25,271 12
6. Bank Manager US$ 78,156 KWD 22,000 02
7. Mortgage Underwriter US$ 75,089 KWD 22,600 01
8. Risk Analyst US$ 69,773 KWD 21,000 01
9. Chartered Financial Analyst US$ 65,919 KWD 19,000 03
10. Financial Analyst US$ 65,795 KWD 19,080 16
11. Other Finance Career US$ 45,361 KWD 13,160 05
12. Economist US$ 39,870 KWD 12,000 01
13. Financial Accountant US$ 37,010 KWD 11,166 03
14. Bank Cashier US$ 20,493 KWD 5,890 03

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In Kuwait economy, MBA is on the top list of highest earners, earning an average gross salary of KWD 38,909. Risk Manager and Investment Manager follow, earning KWD 34,500 and KWD 32,000, respectively. Bank Cashier earn a gross annual average of KWD 5,890, while Financial Accountant earn KWD 11,166. The gap between the lowest and the highest paid careers is 559.51%.


  SALARY BY JOB TYPE   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

Avg. gross salary (USD) Avg. gross salary   Salary entries
Permanent US$ 84,956 KWD 24,805 67
Contract US$ 50,029 KWD 14,950 04
Part Time US$ 18,581 KWD 5,658 01
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  SALARY BY CITY   FINANCE & BANKING   KUWAIT

Kuwait •  Change Location

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Kuwait City Finance & Banking in Kuwait City US$ 82,894 KWD 24,262 67

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  SALARY BY COUNTRY    FINANCE & BANKING

# Avg. gross salary (USD) Avg. gross salary   Salary entries
1. Switzerland Switzerland Finance & Banking in Switzerland US$ 141,500 CHF 133,898 121
2. Australia Australia Finance & Banking in Australia US$ 97,079 AU$ 109,244 142
3. United Kingdom United Kingdom Finance & Banking in United Kingdom US$ 95,744 GBP 64,299 330
4. Germany Germany Finance & Banking in Germany US$ 95,442 EUR 76,211 118
5. United States United States Finance & Banking US$ 92,378 US$ 92,378 929
6. France France Finance & Banking in France US$ 88,096 EUR 71,533 81
7. Norway Norway Finance & Banking in Norway US$ 86,319 NOK 656,318 57
8. Kuwait Kuwait US$ 82,094 KWD 23,992 72
9. Canada Canada Finance & Banking in Canada US$ 78,924 CA$ 85,525 253
10. Finland Finland Finance & Banking in Finland US$ 73,604 EUR 59,197 24

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