If you are a graduate looking forward to working in a bank in Kenya, this article lists down some of the highest-paying banks currently operating in Kenya.
Most people think working in the bank is all about handling
money while indeed bank employees do more than just handling your money, they
have to be knowledgeable about a variety of financial products.
In Kenya, staff salaries can start from as low as Kshs.
10,000 per month but can advance to Kshs. 3 million in
management positions, depending on the bank and the job responsibilities.
There are over 3o registered banks in Kenya. Some of them
are local banks while a few others are international banks. To
qualify to work in a bank, you are required to have a diploma, a degree or
related course like CPA, depending on the job description.
For some other positions, previous experience in a similar
or a related filed may be required. However, most banks still prefer
employing fresh graduates straight from college and then train them.
Working in a bank is not just about cashing cheques and
opening safety deposit boxes. There is a lot of work that goes behind closed
doors. Bank workers work with customers on a wide range of services, from
offering legal and financial advice to sales of financial services products,
among others tasks.
In addition, your interpersonal as well as communication
skills should be excellent as you will be dealing with clients most of the
time.
When it comes to payments, there is no set
salaries and how much each bank decides to pay it’s workers is
determined by many factors. Most banks pay good salaries to their staffs while
others not so good, especially if you have to consider the rising cost of
living.
Nevertheless, most banks will not even agree to reveal how
much they pay their workers. In some cases, some graduates just agree to be
hired without proper knowledge of the tasks on hand to eventually end up
getting dissapointed once they realize they got a raw deal.
To help you in making the right decision, we have listed
some of the top paying banks in Kenya. Kindly note that these figures are
coming from the people who have worked with some of these banks. We do not have
a way to prove if they are correct or not. If you are thinking of working
in any of the listed banks, do your own background check before
applying or accepting the job.
In addition, the said salaries are just meant to give you a
rough idea of what you can expect while working in a Kenyan bank and they are
not fixed. You can always negotiate for a better pay.
1. Chase Bank
Graduate Trainee 35,000-55,000
2. ECO Bank
Fresh Graduate/Graduate Trainee Sh 55,000-Sh 75,000
3. NIC Bank
Fresh Graduate/Graduate Trainee Sh 55,000-Sh 75,000
4. Cooperative Bank
Fresh Graduate /Graduate Trainee Sh 55,000-Sh 68,000
Direct Sales Representatives Sh 25,000
5. Cfc Stanbic Bank
Fresh Graduate/Graduate Trainee Sh 60,000-Sh 80,000
6. Standard Chartered Bank
Fresh Graduate/Graduate Trainee Sh 50,000-Sh 75,000
7. Commercial Bank of Africa
Fresh Graduate/Graduate Trainee Sh 60,000-Sh 75,000
8. I&M Bank
Fresh Graduate/Graduate Trainee Sh 45,000-Sh 70,000
9. PTA Bank
Fresh Graduate Sh 60,000-Sh 80,000
10. Central Bank of Kenya Fresh
Graduate 80,000-200,000
11. Equity Bank Fresh
Graduate 25,000-50,000
12. Kenya Banks
Tellers/Cashiers 30,000-68,000
13. National Bank of Kenya
Graduate Clerk/Fresh Graduate 45,000-55,000
Here you have our list of the highest and lowest paying
banks in Kenya. We highly recommend you to do your own background checks
before settling on any of them.