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All About Bank Manager Salary in Sweden for 2025 

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Bank Manager Salary in Sweden

Sweden, renowned for its high standard of living and robust economy, offers competitive salaries for professionals in various sectors, including banking. Bank managers in Sweden play an important role in the country’s financial landscape, and their compensation is high with other rewarding benefits. In this article, we will help you by providing you with detailed information on bank manager salary in Sweden. Also, we will explain to you the factors that influence the salary range of a bank manager in Sweden. 

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How Much Does a Bank Manager Earn in Sweden? 

Bank managers in Sweden command competitive salaries, with an average annual income of SEK 1,141,000. This translates to a monthly average of SEK 95,083. However, salaries can vary significantly. The lowest annual salary for a bank manager in Sweden is SEK 592,600, equivalent to SEK 49,383 per month. On the other hand, the highest earners in this profession can take home an impressive SEK 1,751,700 annually, or SEK 145,975 monthly. These figures highlight the potential earnings for bank managers in Sweden, but it’s important to note that actual salaries can be influenced by factors such as experience, qualifications, and the specific bank and location.

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Bank Manager Salary in Sweden Based On Experience Level

Experience plays a crucial role in determining the salary of a bank manager in Sweden. As you gain more years of experience, your earning potential increases significantly. Here’s a general breakdown of how experience level can impact a bank manager’s salary:

Experience Level Average Salary Per Year 
0-2 YearsSEK 675,100
2-5 YearsSEK 904,700
5-10 YearsSEK 1,174,600
10-15 YearsSEK 1,428,800
15-20 YearsSEK 1,560,800 
20+ YearsSEK 1,632,100
Bank Manager Salary in Sweden

Bank Manager Salary in Sweden Based On Education Level 

Education plays a significant role in determining the salary of a bank manager in Sweden. While experience and specific skills are crucial, a higher level of education often correlates with a higher earning potential. Here’s a general overview of how education level can influence a bank manager’s salary in Sweden:

Education Level Average Salary Per Year 
Bachelor’s DegreeSEK 953,300
Master’s DegreeSEK 1,320,500

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Bank Manager Salary in Sweden Based On Organisation 

The salary of a bank manager in Sweden can vary significantly depending on the specific organization. Larger, international banks often offer higher compensation packages, including competitive salaries and generous benefits. Here are some of the major banks in Sweden and their general salary trends for bank managers:

Organisation Average Salary Per Year 
Swed Bank SEK 600,000- 900,000
Noredea Bank SEK 450,000- SEK 560,000
Avnaza SEK 234,000- SEK 450,000
JPMorgan Chase & CoSEK 400,000- SEK 630,000
HSBC SEK 345,000- SEK 700,000
CitibankSEK 200,000- SEK 500,000

Bank Manager Salary in Sweden Based On Cities 

The salary of a bank manager might differ from city to city in Sweden. Here are some of the major banks in Sweden and their general salary trends for bank managers:

Cities  Average Salary Per Year 
GoteborgSEK 1,172,800
MalmoSEK 1,023,000 
StockholmSEK 1,320,500
Uppsala SEK 1,450,000
Västerås SEK 1,056,000
Linköping SEK 1,560,000
Örebro SEK 1,780,000
Bank Manager Salary in Sweden

Bank Manager Salary in Sweden Based On Positions 

There are various specific positions within the banking industry that can significantly impact salary levels. Here’s a breakdown of some common bank manager positions and t

Positions Average Salary Per Year 
Assistant Bank Branch ManagerSEK 762,400
Bank ClerkSEK 192,000
Bank CollectorSEK 197,600
BankerSEK 433,400 
Budget AnalystSEK 632,400
Corporate BankerSEK 430,000
Corporate DealerSEK 615,300

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FAQs

Q1. What is the average salary of a bank manager in Sweden?

The average salary for a bank manager in Sweden ranges between SEK 600,000 and SEK 900,000 per year, depending on experience, location, and the bank’s size.

Q2. Which factors affect the salary of a bank manager in Sweden?

Factors include years of experience, educational background, the specific bank (e.g., Nordea, SEB, Swedbank), job location, and additional responsibilities like team management or client portfolios.

Q3. Do bank managers in Sweden receive additional benefits?

Yes, many bank managers receive bonuses, pension contributions, health insurance, and allowances for professional development or travel.

 This was all about the average Bank Manager Salary in Sweden, if you are looking to read more such articles follow Leverage Edu and Jobs Abroad

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