Average Bank Process Manager Salary in Kyrgyzstan for 2024

In this article, we will look at the average Bank Process Manager salary for 2024 in Kyrgyzstan and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Kyrgyzstani som. To keep things simple, we are using the KGS currency code instead of the currency symbol ั.

How Much Does a Bank Process Manager Make in Kyrgyzstan?

A Bank Process Manager working in Kyrgyzstan will typically earn around 294,700 KGS per year, and this can range from the lowest average salary of about 139,100 KGS to the highest average salary of 464,400 KGS.

Average Annual Salary
294,700 KGS
Average Monthly Salary
24,558 KGS

Lowest Annual Salary
139,100 KGS
Lowest Monthly Salary
11,591 KGS

Highest Annual Salary
464,400 KGS
Highest Monthly Salary
38,700 KGS

These are average salaries for a Bank Process Manager in Kyrgyzstan and include benefits such as housing and transport. It's also possible for a Bank Process Manager to earn more or less than the average salaries shown above.

Bank Process Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Bank Process Manager Salaries in Kyrgyzstan

So we've looked at the average salaries a Bank Process Manager will earn in Kyrgyzstan. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Bank Process Manager can earn between 139,100 KGS and 464,400 KGS on average in Kyrgyzstan. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Bank Process Manager in Kyrgyzstan is 312,400 KGS. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 312,400 KGS, and 50% of the population earn more than 312,400 KGS.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Bank Process Manager salary in Kyrgyzstan, 25% of the population are earning less than 201,100 KGS while 75% of the population earn more than 201,100 KGS.

75% of the population earn less than 411,400 KGS, and 25% of the population earn more than 411,400 KGS.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Bank Process Manager Salary by Experience Level in Kyrgyzstan

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average bank process manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Bank Process Manager in Kyrgyzstan that has less than two years of experience can expect to earn somewhere in the region of 159,100 KGS.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Process Manager salary would increase to 217,900 KGS.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Process Manager, the average salary would be 311,700 KGS.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 381,800 KGS.
  • 15 - 20 Years Experience. A Bank Process Manager with 15 to 20 years of experience can earn an average of 399,900 KGS.
  • 20+ Years Experience. For a Bank Process Manager with more than 20 years, the expected average salary increases to 437,300 KGS.

Average Salary by Experience Chart

0-2 Years
159,100 KGS
2-5 Years +38%
217,900 KGS
5-10 Years +42%
311,700 KGS
10-15 Years +22%
381,800 KGS
15-20 Years +6%
399,900 KGS
20+ Years +9%
437,300 KGS

Bank Process Manager Salary by Education Level in Kyrgyzstan

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Bank Process Manager in Kyrgyzstan based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Bank Process Manager in Kyrgyzstan with a bachelor's degree education can earn an average salary of 217,900 KGS.

  • Master's Degree. A Bank Process Manager in Kyrgyzstan with a master's degree education can earn an average salary of 399,900 KGS.

Average Salary by Education Chart

Bachelor's Degree
217,900 KGS
Master's Degree +83%
399,900 KGS

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Kyrgyzstan is around 97,400 to 292,000 KGS and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Bank Process Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Kyrgyzstan, a male bank process manager will earn an average of 309,800 KGS, while a female bank process manager will earn around 279,400 KGS.

This means that a male bank process manager earns approximately 11% more than a female bank process manager for performing the same job.

Average Salary by Gender Chart in Kyrgyzstan

Male
309,800 KGS
Female -11%
279,400 KGS

Bank Process Manager Average Pay Raise in Kyrgyzstan

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Bank Process Manager in Kyrgyzstan is around 9% every 27 months.

The national average pay raise across all professions and industries in Kyrgyzstan is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 27 ) × 12  = 4%

What this means is that a Bank Process Manager in Kyrgyzstan can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Kyrgyzstan for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Kyrgyzstan.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Bank Process Manager Bonus and Incentive Rates in Kyrgyzstan

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Bank Process Manager is a moderate bonus based job, with 66% of employees reporting at least one bonus in the last 12 months.

34% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
66%
No Bonus
34%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Kyrgyzstan earn approximately 17% more than private sector employees in the same role.

Public Sector
254,700 KGS
Private Sector -17%
216,800 KGS

Salaries for Jobs Similar to a Bank Process Manager

In the table below, we have salary information for jobs that are similar to a Bank Process Manager in Kyrgyzstan.

Job Title Category Salary
AML Analyst Banking 372,600 KGS
Assistant Bank Branch Manager Banking 322,600 KGS
Assistant Bank Manager Banking 428,400 KGS
ATM Manager Banking 366,200 KGS
ATM Service Technician Banking 91,960 KGS
Bank Accounts Analyst Banking 138,800 KGS
Bank Accounts Collector Banking 80,280 KGS
Bank Accounts Controller Banking 174,000 KGS
Bank Accounts Executive Banking 263,900 KGS
Bank Accounts Manager Banking 311,700 KGS
Bank Auditing Manager Banking 301,700 KGS
Bank Branch Manager Banking 431,300 KGS
Bank Branch Operations Coordinator Banking 189,300 KGS
Bank Clerk Banking 83,300 KGS
Bank Client Service Associate Banking 116,780 KGS
Bank Collector Banking 87,940 KGS
Bank Compliance Specialist Banking 233,600 KGS
Bank Manager Banking 480,300 KGS
Bank Operational Risk Manager Banking 514,300 KGS
Bank Operations Head Banking 524,300 KGS
Bank Operations Officer Banking 201,100 KGS
Bank Operations Specialist Banking 307,400 KGS
Bank Product Manager Banking 340,400 KGS
Bank Programme Manager Banking 351,900 KGS
Bank Project Manager Banking 385,300 KGS
Bank Propositions Manager Banking 349,300 KGS
Bank Quantitative Analyst Banking 257,700 KGS
Bank Regional Manager Banking 544,800 KGS
Bank Regional Risk Officer Banking 277,400 KGS
Bank Relationship Manager Banking 366,200 KGS
Bank Relationship Officer Banking 176,800 KGS
Bank Teller Banking 87,040 KGS
Banker Banking 180,300 KGS
Banking Business Analyst Banking 267,100 KGS
Banking Business Development Officer Banking 159,400 KGS
Banking Business Planning Executive Banking 383,300 KGS
Banking Product Manager Banking 335,800 KGS
Banking Reference Data Manager Banking 297,000 KGS
Banking Risk Analyst Banking 249,600 KGS
Banking Technical Analyst Banking 142,300 KGS
Bankruptcy Coordinator Banking 185,100 KGS
Bill and Account Collector Banking 97,060 KGS
Budget Analyst Banking 271,300 KGS
Capital Risk Manager Banking 475,700 KGS
Cards Marketing Manager Banking 330,700 KGS
Cash Management Manager Banking 455,400 KGS
Check Processing Manager Banking 340,400 KGS
Commercial Vault Associate Banking 254,700 KGS
Corporate Banker Banking 187,300 KGS
Corporate Dealer Banking 263,200 KGS
Credit Analyst Banking 214,000 KGS
Credit and Collections Manager Banking 341,900 KGS
Credit Card Fraud Investigator Banking 266,000 KGS
Credit Portfolio Manager Banking 480,600 KGS
Credit Risk Analyst Banking 301,800 KGS
Credit Risk Associate Banking 294,700 KGS
Direct Bank Sales Representative Banking 187,500 KGS
Exchange Control Consultant Banking 279,400 KGS
Executive Account Analyst Banking 252,300 KGS
Financial Bank Planning Consultant Banking 353,600 KGS
Financial Banking Analysis Manager Banking 398,300 KGS
Financial Banking Assistant Banking 128,900 KGS
Financial Banking Systems Manager Banking 345,100 KGS
Foreign Exchange Manager Banking 376,800 KGS
Fraud Analyst Banking 277,400 KGS
Fraud Detection Associate Banking 189,300 KGS
Fraud Detection Manager Banking 412,000 KGS
Fraud Detection Supervisor Banking 232,900 KGS
Internal Bank Audit Manager Banking 498,000 KGS
Internal Bank Auditor Banking 243,000 KGS
Internal Private Banker Banking 197,600 KGS
International Banking Manager Banking 524,700 KGS
Investment Banking Analyst Banking 378,800 KGS
Loan Analyst Banking 254,800 KGS
Loan Area Manager Banking 309,800 KGS
Loan Audit Team Leader Banking 286,400 KGS
Loan Branch Manager Banking 288,700 KGS
Loan Business Development Officer Banking 159,400 KGS
Loan Clerk Banking 95,860 KGS
Loan Collection and Recovery Manager Banking 330,700 KGS
Loan Collection Manager Banking 325,600 KGS
Loan Collector Banking 83,400 KGS
Loan Examiner Banking 111,000 KGS
Loan Officer Banking 100,140 KGS
Loan Processing Manager Banking 283,400 KGS
Loan Processor Banking 118,520 KGS
Loan Quality Assurance Auditor Banking 273,300 KGS
Loan Quality Assurance Manager Banking 309,800 KGS
Loan Quality Assurance Representative Banking 189,300 KGS
Loan Review Manager Banking 288,700 KGS
Loan Team Leader Banking 263,100 KGS
Loans Manager Banking 351,900 KGS
Mortgage Advisor Banking 183,700 KGS
Mortgage Collection Manager Banking 313,700 KGS
Mortgage Collector Banking 88,480 KGS
Mortgage Credit Analyst Banking 134,600 KGS
Mortgage Credit Manager Banking 283,700 KGS
Mortgage Development Manager Banking 332,500 KGS
Mortgage Document Reviewer Banking 113,560 KGS
Mortgage Funding Manager Banking 345,700 KGS
Mortgage Operations Manager Banking 455,400 KGS
Mortgage Payment Processing Clerk Banking 102,460 KGS
Mortgage Processing Manager Banking 311,700 KGS
Mortgage Processor Banking 124,400 KGS
Mortgage Quality Assurance Auditor Banking 267,100 KGS
Mortgage Quality Assurance Manager Banking 312,400 KGS
Mortgage Servicing Clerk Banking 89,120 KGS
Mortgage Servicing Manager Banking 283,700 KGS
Mortgage Underwriter Banking 107,820 KGS
Online Banking Manager Banking 453,200 KGS
Payment Processing Clerk Banking 93,340 KGS
Personal Banker Banking 183,700 KGS
Personal Banking Advisor Banking 191,600 KGS
Phone Banker Banking 130,400 KGS
Private Banker Banking 194,600 KGS
Reconciliation and Investigation Specialist Banking 207,800 KGS
Tax Officer Banking 159,100 KGS
Teller Banking 85,700 KGS
Trade Officer Banking 108,080 KGS
Trade Product Manager Banking 318,800 KGS
Trader Banking 136,200 KGS
Treasury Operations Officer Banking 225,300 KGS

Salary Comparison by City

If you want to compare salaries with different cities in Kyrgyzstan, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Bishkek 313,700 KGS

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