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Best Paying Banks in Kenya-salaries of banks in Kenya

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Which are the best paying banks in Kenya?

It’s everyone’s dream to work for a well-paying bank,but since these financial institutions are operating for profits very few pay employees as per the qualifications and experience.

Working for a bank in Kenya is a dream come true for every job seeker.But not all banks pay their employees as per the qualifications.I know many individuals working in local banks with MBA,others with even PhD qualifications but earning less than Sh 60,000.

Working in a Bank provides one with opportunity to see the world with a third eye as they gain experience to grow professionally.

The process of determining what some of the banks pay their workers is hectic as most of the employees working there don’t reveal that information to the public. Sometimes graduates end up regretting after realizing they rejected offers from some of the best paying banks for big banks which pay peanuts with little opportunity for growth.

Some of the banks many graduates sacrifice their sleep to send millions of job applications later come to disappoint them 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 starting salary for a graduate is between Sh 25,000 to Sh 45, 000, which is not enough to sustain a graduate in some estates like South B, South C and Hurlingham.

Barclays Bank of Kenya is another bank which is a leader in Global Banking but their salaries are a bit lower compared to other small banks. A fresh graduate earns between Sh 30,000-Sh 45,000 and a sales representative can earn as little as Sh 8,000.

However, some banks offer attractive salaries to their employees at all levels, some of these banks are listed below.

This article gives an insight of what some of the best paying banks offer fresh graduates in Kenya.

ECO Bank
Fresh Graduate/Graduate Trainee Sh 55,000-Sh 75,000

NIC Bank
Fresh Graduate/Graduate Trainee Sh 55,000-Sh 75,000

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

CfC Stanbic Bank
Fresh Graduate/Graduate Trainee Sh 60,000-Sh 80,000

Standard Chartered Bank
Fresh Graduate/Graduate Trainee Sh 50,000-Sh 75,000

Commercial Bank of Africa
Fresh Graduate/Graduate Trainee Sh 60,000-Sh 75,000

I&M Bank
Fresh Graduate/Graduate Trainee Sh 45,000-Sh 70,000

PTA Bank
Fresh Graduate Sh 60,000-Sh 80,000