Average Personal Banking Advisor Salary in Lebanon for 2024

In this article, we will look at the average Personal Banking Advisor salary for 2024 in Lebanon 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 Lebanese pound. To keep things simple, we are using the LBP currency code instead of the currency symbol ู„.ู„.

How Much Does a Personal Banking Advisor Make in Lebanon?

A Personal Banking Advisor working in Lebanon will typically earn around 23,159,200 LBP per year, and this can range from the lowest average salary of about 10,656,400 LBP to the highest average salary of 36,841,600 LBP.

Average Annual Salary
23,159,200 LBP
Average Monthly Salary
1,929,933 LBP

Lowest Annual Salary
10,656,400 LBP
Lowest Monthly Salary
888,033 LBP

Highest Annual Salary
36,841,600 LBP
Highest Monthly Salary
3,070,133 LBP

These are average salaries for a Personal Banking Advisor in Lebanon and include benefits such as housing and transport. It's also possible for a Personal Banking Advisor to earn more or less than the average salaries shown above.

Personal Banking Advisor 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 Personal Banking Advisor Salaries in Lebanon

So we've looked at the average salaries a Personal Banking Advisor will earn in Lebanon. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Personal Banking Advisor can earn between 10,656,400 LBP and 36,841,600 LBP on average in Lebanon. 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 Personal Banking Advisor in Lebanon is 24,958,800 LBP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 24,958,800 LBP, and 50% of the population earn more than 24,958,800 LBP.

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 Personal Banking Advisor salary in Lebanon, 25% of the population are earning less than 16,079,800 LBP while 75% of the population earn more than 16,079,800 LBP.

75% of the population earn less than 33,360,800 LBP, and 25% of the population earn more than 33,360,800 LBP.

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.

Personal Banking Advisor Salary by Experience Level in Lebanon

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 personal banking advisor 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 Personal Banking Advisor in Lebanon that has less than two years of experience can expect to earn somewhere in the region of 12,121,000 LBP.
  • 2 - 5 Years Experience. With two to five years of experience the average Personal Banking Advisor salary would increase to 16,198,300 LBP.
  • 5 - 10 Years Experience. From five to ten years of experience as a Personal Banking Advisor , the average salary would be 23,878,400 LBP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 29,041,200 LBP.
  • 15 - 20 Years Experience. A Personal Banking Advisor with 15 to 20 years of experience can earn an average of 31,678,800 LBP.
  • 20+ Years Experience. For a Personal Banking Advisor with more than 20 years, the expected average salary increases to 34,319,800 LBP.

Average Salary by Experience Chart

0-2 Years
12,121,000 LBP
2-5 Years +34%
16,198,300 LBP
5-10 Years +48%
23,878,400 LBP
10-15 Years +22%
29,041,200 LBP
15-20 Years +9%
31,678,800 LBP
20+ Years +8%
34,319,800 LBP

Personal Banking Advisor Salary by Education Level in Lebanon

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 Personal Banking Advisor in Lebanon based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Certificate or Diploma. A Personal Banking Advisor in Lebanon with a certificate or diploma education can earn an average salary of 13,798,900 LBP.

  • Bachelor's Degree. A Personal Banking Advisor in Lebanon with a bachelor's degree education can earn an average salary of 21,599,000 LBP.

  • Master's Degree. A Personal Banking Advisor in Lebanon with a master's degree education can earn an average salary of 36,240,700 LBP.

Average Salary by Education Chart

Certificate or Diploma
13,798,900 LBP
Bachelor's Degree +57%
21,599,000 LBP
Master's Degree +68%
36,240,700 LBP

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 Lebanon is around 11,400,000 to 34,200,000 LBP 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.

Personal Banking Advisor 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 Lebanon, a male personal banking advisor will earn an average of 25,440,400 LBP, while a female personal banking advisor will earn around 20,878,800 LBP.

This means that a male personal banking advisor earns approximately 22% more than a female personal banking advisor for performing the same job.

Average Salary by Gender Chart in Lebanon

Male
25,440,400 LBP
Female -22%
20,878,800 LBP

Personal Banking Advisor Average Pay Raise in Lebanon

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 Personal Banking Advisor in Lebanon is around 10% every 19 months.

The national average pay raise across all professions and industries in Lebanon 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 = ( 10 ÷ 19 ) × 12  = 6%

What this means is that a Personal Banking Advisor in Lebanon can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in Lebanon for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Personal Banking Advisor Bonus and Incentive Rates in Lebanon

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 Personal Banking Advisor is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% 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
80%
No Bonus
20%

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 Lebanon earn approximately 12% more than private sector employees in the same role.

Public Sector
28,560,900 LBP
Private Sector -12%
25,440,400 LBP

Salaries for Jobs Similar to a Personal Banking Advisor

In the table below, we have salary information for jobs that are similar to a Personal Banking Advisor in Lebanon.

Job Title Category Salary
AML Analyst Banking 42,359,400 LBP
Assistant Bank Branch Manager Banking 37,441,100 LBP
Assistant Bank Manager Banking 48,601,200 LBP
ATM Manager Banking 41,878,100 LBP
ATM Service Technician Banking 11,748,300 LBP
Bank Accounts Analyst Banking 16,079,800 LBP
Bank Accounts Collector Banking 10,333,800 LBP
Bank Accounts Controller Banking 21,841,900 LBP
Bank Accounts Executive Banking 29,881,100 LBP
Bank Accounts Manager Banking 35,398,900 LBP
Bank Auditing Manager Banking 34,919,600 LBP
Bank Branch Manager Banking 50,039,800 LBP
Bank Branch Operations Coordinator Banking 21,361,700 LBP
Bank Clerk Banking 9,910,500 LBP
Bank Client Service Associate Banking 12,958,200 LBP
Bank Collector Banking 10,248,600 LBP
Bank Compliance Specialist Banking 27,601,100 LBP
Bank Manager Banking 56,520,500 LBP
Bank Operational Risk Manager Banking 58,919,600 LBP
Bank Operations Head Banking 61,441,300 LBP
Bank Operations Officer Banking 24,239,000 LBP
Bank Operations Specialist Banking 36,001,200 LBP
Bank Process Manager Banking 33,001,000 LBP
Bank Product Manager Banking 39,840,400 LBP
Bank Programme Manager Banking 40,799,600 LBP
Bank Project Manager Banking 48,601,200 LBP
Bank Propositions Manager Banking 41,280,700 LBP
Bank Quantitative Analyst Banking 28,318,900 LBP
Bank Regional Manager Banking 61,678,300 LBP
Bank Regional Risk Officer Banking 30,001,600 LBP
Bank Relationship Manager Banking 46,080,100 LBP
Bank Relationship Officer Banking 19,558,300 LBP
Bank Teller Banking 10,378,100 LBP
Banker Banking 20,639,100 LBP
Banking Business Analyst Banking 31,201,500 LBP
Banking Business Development Officer Banking 18,720,200 LBP
Banking Business Planning Executive Banking 45,839,700 LBP
Banking Product Manager Banking 38,521,100 LBP
Banking Reference Data Manager Banking 34,198,600 LBP
Banking Risk Analyst Banking 31,440,200 LBP
Banking Technical Analyst Banking 17,159,700 LBP
Bankruptcy Coordinator Banking 21,841,900 LBP
Bill and Account Collector Banking 11,135,000 LBP
Budget Analyst Banking 31,440,200 LBP
Capital Risk Manager Banking 59,878,400 LBP
Cards Marketing Manager Banking 37,919,200 LBP
Cash Management Manager Banking 53,278,500 LBP
Check Processing Manager Banking 40,199,100 LBP
Commercial Vault Associate Banking 31,559,900 LBP
Corporate Banker Banking 21,961,700 LBP
Corporate Dealer Banking 31,800,300 LBP
Credit Analyst Banking 23,040,200 LBP
Credit and Collections Manager Banking 40,921,600 LBP
Credit Card Fraud Investigator Banking 31,919,300 LBP
Credit Portfolio Manager Banking 55,560,400 LBP
Credit Risk Analyst Banking 33,119,100 LBP
Credit Risk Associate Banking 33,360,800 LBP
Direct Bank Sales Representative Banking 22,321,900 LBP
Exchange Control Consultant Banking 31,559,900 LBP
Executive Account Analyst Banking 29,519,900 LBP
Financial Bank Planning Consultant Banking 38,039,000 LBP
Financial Banking Analysis Manager Banking 43,559,400 LBP
Financial Banking Assistant Banking 14,400,800 LBP
Financial Banking Systems Manager Banking 41,878,100 LBP
Foreign Exchange Manager Banking 45,599,600 LBP
Fraud Analyst Banking 32,280,500 LBP
Fraud Detection Associate Banking 23,040,200 LBP
Fraud Detection Manager Banking 48,721,100 LBP
Fraud Detection Supervisor Banking 25,679,100 LBP
Internal Bank Audit Manager Banking 55,678,400 LBP
Internal Bank Auditor Banking 30,119,100 LBP
Internal Private Banker Banking 21,241,100 LBP
International Banking Manager Banking 64,920,700 LBP
Investment Banking Analyst Banking 45,478,500 LBP
Loan Analyst Banking 29,041,200 LBP
Loan Area Manager Banking 38,641,600 LBP
Loan Audit Team Leader Banking 36,121,000 LBP
Loan Branch Manager Banking 33,001,000 LBP
Loan Business Development Officer Banking 18,121,700 LBP
Loan Clerk Banking 10,813,300 LBP
Loan Collection and Recovery Manager Banking 38,039,000 LBP
Loan Collection Manager Banking 37,318,700 LBP
Loan Collector Banking 10,546,700 LBP
Loan Examiner Banking 12,958,200 LBP
Loan Officer Banking 11,389,900 LBP
Loan Processing Manager Banking 32,639,300 LBP
Loan Processor Banking 13,919,600 LBP
Loan Quality Assurance Auditor Banking 31,919,300 LBP
Loan Quality Assurance Manager Banking 36,121,000 LBP
Loan Quality Assurance Representative Banking 22,198,500 LBP
Loan Review Manager Banking 34,198,600 LBP
Loan Team Leader Banking 31,081,900 LBP
Loans Manager Banking 40,439,700 LBP
Mortgage Advisor Banking 21,841,900 LBP
Mortgage Collection Manager Banking 37,441,100 LBP
Mortgage Collector Banking 9,634,900 LBP
Mortgage Credit Analyst Banking 15,960,700 LBP
Mortgage Credit Manager Banking 34,198,600 LBP
Mortgage Development Manager Banking 39,960,800 LBP
Mortgage Document Reviewer Banking 13,919,600 LBP
Mortgage Funding Manager Banking 37,919,200 LBP
Mortgage Operations Manager Banking 55,801,900 LBP
Mortgage Payment Processing Clerk Banking 11,352,300 LBP
Mortgage Processing Manager Banking 34,198,600 LBP
Mortgage Processor Banking 13,679,300 LBP
Mortgage Quality Assurance Auditor Banking 30,001,600 LBP
Mortgage Quality Assurance Manager Banking 34,919,600 LBP
Mortgage Servicing Clerk Banking 10,801,300 LBP
Mortgage Servicing Manager Banking 34,919,600 LBP
Mortgage Underwriter Banking 13,319,300 LBP
Online Banking Manager Banking 56,158,300 LBP
Payment Processing Clerk Banking 10,572,800 LBP
Personal Banker Banking 21,361,700 LBP
Phone Banker Banking 14,639,900 LBP
Private Banker Banking 21,961,700 LBP
Reconciliation and Investigation Specialist Banking 25,801,200 LBP
Tax Officer Banking 18,121,700 LBP
Teller Banking 10,966,400 LBP
Trade Officer Banking 12,121,000 LBP
Trade Product Manager Banking 35,521,100 LBP
Trader Banking 15,118,700 LBP
Treasury Operations Officer Banking 26,399,200 LBP

Salary Comparison by City

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

City Average Salary
Beirut 23,878,400 LBP

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