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Best Paying Banks in Kenya – Salaries For Bank Worker

Working in a bank is a dream come true for most Kenyan graduates. This is due to the high pay associated with some of the banks. However, not all banks in Kenya offers a good starting salary to graduates. You will be surprised to find out that some banks with big brand names and large membership actually pay peanuts to their workers. Some job opportunities in the banking sector include tellers, accountants, Bank manager, Credit manager, Finance officer among others.

Banks also employ support staff and posts for customer care desk, messengers and customer attendants are crucial in any bank.

If you are a graduate and you are looking for the best bank to work with, it is worth noting the starting salary offer before you can put pen to paper and sign that contract. Some graduates sacrifice their sleep to send many job applications only to be disappointed when the applicants realize that they’ve been given a raw deal after signing a contract. For instance, Equity Bank has a big name but approximate starting salary for a graduate is between Sh 30,000 to Sh 45, 000, which may not enough to sustain a graduate especially living in towns with high living standards.

Barclays is another big brand with a global name in the banking sector but when it comes to remuneration for fresh graduates one should expect to earn an approximate salary of between Sh.30,000 to Sh 60,000. Although not bad, the salary may not be sustainable to individuals in towns with high cost of living.

Best Paying Banks In Kenya

That said and done, some banks offers different remuneration for workers in the same job groups depending on the bank branch were you are stationed.

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On the other hands, most banks have improved in their remuneration and therefore minimum  salaries that they offer to their workers may have improved. Below are some of the banks that are known to offer a good and high salary to fresh graduates as a starting salary.

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Lecturers’ Salaries In Kenya

ECO Bank Starting Salary

Fresh Graduate/Graduate Trainee at ECO bank earn approximately Sh 55,000-Sh 75,000

Cooperative Bank Starting Salary

Fresh Graduate /Graduate Trainee Sh 55,000-Sh 68,000
Direct Sales Representatives Sh 25,000

Standard Chartered Bank Starting Salary

Fresh Graduate/Graduate Trainee Sh 50,000-Sh 75,000

I&M Bank Starting Salary

Fresh Graduate/Graduate Trainee Sh 45,000-Sh 70,000

Bank Of Africa Starting Salary

Fresh Graduate/Graduate Trainee Sh 60,000-Sh 75,000

Diamond Trust Bank Starting Salary

Fresh Graduate/Graduate Trainee Sh 45,000-Sh 70,000

Barclays Bank Starting Salary

Fresh Graduates /Graduate Trainee at Barclays bank earn between Sh.30,000 toSh 60,000

Kenya Commercial Bank (KCB) Starting Salary

Fresh Graduates/ Graduate Trainee at KCB bank earn between Sh.30,000 toSh 60,000

Equity Bank Starting Salary

Equity Bank have various pay categories for their workers

The approximate starting salaries at equity bank are;

Intern . Sh.30,000 – Sh 40,000 per month

Credit Officer Sh. 40,000 – Sh.60,000 per month

how much are bank workers paid

Also Read:List of Low Paying Jobs In Kenya- Poorly Paid Workers

The beauty of working in a bank is that there are bonuses you enjoy every year; almost every bank in the country pays bonuses to their employees at the end of every year. In addition, almost all banks offer loans at low interests to their employees.

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Also Read:Engineers salaries in Kenya | All Engineers

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Majira M

Keeping you in the loop. I write to share information that matter. From technology to business tips, I share information to inspire and educate