Average Bank Programme Manager Salary in Sofia, Bulgaria for 2026

In this article, we will look at the average Bank Programme Manager salary for 2026 in Sofia 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 Bulgarian lev. To keep things simple, we are using the BGN currency code instead of the currency symbol лв.

How Much Does a Bank Programme Manager Make in Sofia?

A Bank Programme Manager working in Sofia will typically earn around 60,880 BGN per year, and this can range from the lowest average salary of about 29,600 BGN to the highest average salary of 92,680 BGN.

Average Annual Salary60,880 BGN
Average Monthly Salary5,073 BGN
Average Lowest Salary29,600 BGN
Lowest Monthly Salary2,466 BGN
Average Highest Salary92,680 BGN
Highest Monthly Salary7,723 BGN

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

Bank Programme 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 Programme Manager Salaries in Sofia

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

Salary ranges

We already know that a Bank Programme Manager can earn between 29,600 BGN and 92,680 BGN on average in Sofia. 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 Programme Manager in Sofia is 61,180 BGN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 61,180 BGN, and 50% of the population earn more than 61,180 BGN.

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 Programme Manager salary in Sofia, 25% of the population are earning less than 42,320 BGN while 75% of the population earn more than 42,320 BGN.

75% of the population earn less than 74,380 BGN, and 25% of the population earn more than 74,380 BGN.

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 Programme Manager Salary by Experience Level in Sofia

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 Programme 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 Programme Manager in Sofia that has less than two years of experience can expect to earn somewhere in the region of 35,520 BGN.
  • 2 - 5 Years Experience. With two to five years of experience the average Bank Programme Manager salary would increase to 43,800 BGN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Bank Programme Manager, the average salary would be 64,640 BGN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 75,100 BGN.
  • 15 - 20 Years Experience. A Bank Programme Manager with 15 to 20 years of experience can earn an average of 83,200 BGN.
  • 20+ Years Experience. For a Bank Programme Manager with more than 20 years, the expected average salary increases to 90,900 BGN.

Average Salary by Experience Chart

0-2 Years-
35,520 BGN
2-5 Years+31%
43,800 BGN
5-10 Years+40%
64,640 BGN
10-15 Years+20%
75,100 BGN
15-20 Years+9%
83,200 BGN
20+ Years+8%
90,900 BGN

Bank Programme Manager Salary by Education Level in Sofia

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 Programme Manager in Sofia 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 Programme Manager in Sofia with a bachelor's degree education can earn an average salary of 41,480 BGN.
  • Master's Degree. A Bank Programme Manager in Sofia with a master's degree education can earn an average salary of 77,640 BGN.

Average Salary by Education Chart

Bachelor's Degree-
41,480 BGN
Master's Degree+77%
77,640 BGN

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 Bulgaria is around 16,500 to 49,500 BGN 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 Programme 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 Sofia, a male bank programme manager will earn an average of 58,860 BGN, while a female bank programme manager will earn around 56,100 BGN.

This means that a male bank programme manager earns approximately 5% more than a female bank programme manager for performing the same job.

Average Salary by Gender Chart in Sofia

Male-
58,860 BGN
Female-5%
56,100 BGN

Bank Programme Manager Average Pay Raise in Sofia

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 Programme Manager in Sofia is around 11% every 20 months.

The national average pay raise across all professions and industries in Bulgaria is around 7% every 20 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 = ( 11 ÷ 20 ) × 12  = 7%

What this means is that a Bank Programme Manager in Sofia can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Sofia for 2026

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

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

Banking-
6%
Energy-
3%
Information Technology-
9%
Healthcare-
6%
Travel-
3%
Construction-
9%
Education-
6%

Bank Programme Manager Bonus and Incentive Rates in Sofia

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 Programme Manager is a high bonus based job, with 76% of employees reporting at least one bonus in the last 12 months.

24% 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 6% to 8%.

Received Bonus-
76%
No Bonus-
24%

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 Bulgaria earn approximately 2% more than private sector employees in the same role.

Public Sector-
40,040 BGN
Private Sector-2%
39,160 BGN

Salaries for Jobs Similar to a Bank Programme Manager

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

Job TitleCategorySalary
AML AnalystBanking58,520 BGN
ATM ManagerBanking61,180 BGN
ATM Service TechnicianBanking15,580 BGN
Assistant Bank Branch ManagerBanking50,560 BGN
Assistant Bank ManagerBanking66,840 BGN
Bank Accounts AnalystBanking21,300 BGN
Bank Accounts CollectorBanking12,240 BGN
Bank Accounts ControllerBanking31,540 BGN
Bank Accounts ExecutiveBanking43,760 BGN
Bank Accounts ManagerBanking49,300 BGN
Bank Auditing ManagerBanking50,660 BGN
Bank Branch ManagerBanking67,120 BGN
Bank Branch Operations CoordinatorBanking30,700 BGN
Bank ClerkBanking13,960 BGN
Bank Client Service AssociateBanking20,120 BGN
Bank CollectorBanking14,840 BGN
Bank Compliance SpecialistBanking37,800 BGN
Bank ManagerBanking84,580 BGN
Bank Operational Risk ManagerBanking80,480 BGN
Bank Operations HeadBanking80,640 BGN
Bank Operations OfficerBanking35,340 BGN
Bank Operations SpecialistBanking49,200 BGN
Bank Process ManagerBanking45,620 BGN
Bank Product Manager Banking55,140 BGN
Bank Project ManagerBanking64,620 BGN
Bank Propositions ManagerBanking60,340 BGN
Bank Quantitative AnalystBanking38,780 BGN
Bank Regional ManagerBanking93,120 BGN
Bank Regional Risk OfficerBanking47,760 BGN
Bank Relationship ManagerBanking64,040 BGN
Bank Relationship OfficerBanking27,560 BGN
Bank TellerBanking14,540 BGN
BankerBanking28,680 BGN
Banking Business AnalystBanking44,540 BGN
Banking Business Development OfficerBanking28,820 BGN
Banking Business Planning ExecutiveBanking60,600 BGN
Banking Product ManagerBanking53,860 BGN
Banking Reference Data ManagerBanking48,560 BGN
Banking Risk AnalystBanking46,280 BGN
Banking Technical AnalystBanking23,140 BGN
Bankruptcy CoordinatorBanking29,160 BGN
Bill and Account CollectorBanking16,400 BGN
Budget AnalystBanking45,580 BGN
Capital Risk ManagerBanking80,760 BGN
Cards Marketing ManagerBanking54,460 BGN
Cash Management ManagerBanking78,160 BGN
Check Processing ManagerBanking61,460 BGN
Commercial Vault AssociateBanking46,280 BGN
Corporate BankerBanking34,080 BGN
Corporate DealerBanking44,540 BGN
Credit AnalystBanking34,380 BGN
Credit Card Fraud InvestigatorBanking47,180 BGN
Credit Portfolio ManagerBanking78,480 BGN
Credit Risk AnalystBanking50,980 BGN
Credit Risk AssociateBanking48,820 BGN
Credit and Collections ManagerBanking57,620 BGN
Direct Bank Sales RepresentativeBanking31,040 BGN
Exchange Control ConsultantBanking43,760 BGN
Executive Account AnalystBanking46,280 BGN
Financial Bank Planning ConsultantBanking57,860 BGN
Financial Banking Analysis ManagerBanking66,940 BGN
Financial Banking AssistantBanking20,460 BGN
Financial Banking Systems ManagerBanking60,400 BGN
Foreign Exchange ManagerBanking66,820 BGN
Fraud AnalystBanking47,760 BGN
Fraud Detection AssociateBanking34,240 BGN
Fraud Detection ManagerBanking71,700 BGN
Fraud Detection SupervisorBanking39,160 BGN
Internal Bank Audit ManagerBanking84,040 BGN
Internal Bank AuditorBanking40,640 BGN
Internal Private BankerBanking31,940 BGN
International Banking ManagerBanking90,660 BGN
Investment Banking AnalystBanking66,100 BGN
Loan AnalystBanking43,480 BGN
Loan Area ManagerBanking56,880 BGN
Loan Audit Team LeaderBanking51,400 BGN
Loan Branch ManagerBanking48,160 BGN
Loan Business Development OfficerBanking25,440 BGN
Loan ClerkBanking16,880 BGN
Loan Collection ManagerBanking50,980 BGN
Loan Collection and Recovery ManagerBanking53,860 BGN
Loan CollectorBanking14,660 BGN
Loan ExaminerBanking16,980 BGN
Loan OfficerBanking17,540 BGN
Loan Processing ManagerBanking45,260 BGN
Loan ProcessorBanking21,100 BGN
Loan Quality Assurance AuditorBanking43,220 BGN
Loan Quality Assurance ManagerBanking49,300 BGN
Loan Quality Assurance RepresentativeBanking34,540 BGN
Loan Review ManagerBanking48,160 BGN
Loan Team LeaderBanking45,560 BGN
Loans ManagerBanking56,640 BGN
Mortgage AdvisorBanking31,340 BGN
Mortgage Collection ManagerBanking48,940 BGN
Mortgage CollectorBanking12,580 BGN
Mortgage Credit AnalystBanking22,400 BGN
Mortgage Credit ManagerBanking45,260 BGN
Mortgage Development ManagerBanking55,320 BGN
Mortgage Document ReviewerBanking19,480 BGN
Mortgage Funding ManagerBanking54,700 BGN
Mortgage Operations ManagerBanking79,280 BGN
Mortgage Payment Processing ClerkBanking16,880 BGN
Mortgage Processing ManagerBanking50,020 BGN
Mortgage ProcessorBanking19,380 BGN
Mortgage Quality Assurance AuditorBanking43,260 BGN
Mortgage Quality Assurance ManagerBanking50,980 BGN
Mortgage Servicing ClerkBanking14,840 BGN
Mortgage Servicing ManagerBanking47,720 BGN
Mortgage UnderwriterBanking17,860 BGN
Online Banking ManagerBanking79,000 BGN
Payment Processing ClerkBanking14,540 BGN
Personal BankerBanking33,440 BGN
Personal Banking Advisor Banking35,560 BGN
Phone BankerBanking23,380 BGN
Private BankerBanking33,440 BGN
Reconciliation and Investigation SpecialistBanking33,520 BGN
Tax OfficerBanking27,380 BGN
TellerBanking17,020 BGN
Trade OfficerBanking17,560 BGN
Trade Product ManagerBanking51,100 BGN
TraderBanking23,380 BGN
Treasury Operations OfficerBanking38,680 BGN

Salary Comparison by City

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

CityAverage Salary
Burgas55,220 BGN
Plovdiv60,480 BGN
Rousse51,120 BGN
Stara Zagora49,020 BGN
Varna58,200 BGN

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