Rwanda has a total of 14 banks, most of them being local banks. The banks offer loans as well as other financial solutions to citizens, which means they need employees to perform various duties within the institutions. Highest paying banks are those ranked the best in terms of profitability and renumeration policies.
Research shows that the following banks are the best paying in Rwanda.
BANK OF KIGALI
Bank of Kigali is a dominant bank in the country. The institution employ clerks, graduate trainees and other employees each year. For you to be employed here, you must have the best qualifications and academic excellence.
The average salary of graduate trainees at the Bank of Kigali is $400 per month. This salary, however, increases with time..as the graduate gains considerable amount of experience.
The salary of an accountant at the bank is $ 700 while a junior manager earns between $600-$1,200 per month.
Generally, the average salary of workers at the bank is $600 per month.
COMMERCIAL BANK OF RWANDA
Commercial Bank of Rwanda (CBR) is known for absorbing fresh university graduates and offer them opportunities as graduate clerks and sales executives. This bank pays sales executives up to $100 per month while graduate clerks/cashiers earn up to $700 per month, but majority earn between $200-$300 per month.
KENYA COMMERCIAL BANK RWANDA
Kenya Commercial Bank has a branch in Rwanda. The bank is regarded as one of the best paying banks in the country. The average salary of a clerk/bank teller at the bank is $ 500 per month. While that is the case, some clerks earn in excess of $1,000 per month depending on accumulated years of experience.
A bank manager at his institution pockets between $1,200-$2,500 per month while operations manager earns upwards of $ 1,200 per month.
Equity Bank Rwanda pays its workers well due to its exemplary performance coupled with good employee renumeration policy.The average salary of a bank teller at this bank is $300 per month, though other tellers earn more than this.
The bank pays managers up to $1,800 per month while sales executives earn between $100-$200 per month.
NATIONAL BANK OF RWANDA
National Bank of Rwanda is the biggest bank in the country, which licenses other small banks. If you manage to work in this bank, you will smile all the way to the bank.
The average salary of a worker at this bank is $1,200 per month. Even so, there are other workers, especially managers who earn up to $5,000 per month, which is a crazy figure.
RWANDA DEVELOPMENT BANK (BRD)
Rwanda Development Bank mostly deals with investment matters. The bank is well known for employing professionals who have successfully tacked CFA, ACCA,CPA and other popular professional qualifications.
If you are fortunate enough to work for this bank, you will not miss to earn over $500 per month.
The best courses to pursue in Rwanda so as to join the banking sector include business administration, MBA, statistics, human resources, bachelor of commerce, and economics.