Banking Officer Salary in Uganda

A bank officer is an employee of a bank endowed with the legal capacity to agree to and sign documents on behalf of the institution. The title is usually held by branch managers, assistant managers, loan officers, and other experienced personnel.

How much does a Banking Officer earn in Uganda?

The gross salary range for people working in Uganda in Banking is typically from 652,778 UGX (minimum salary) to 3,228,956 UGX (highest average, actual maximum salary is higher).

How much does a bank manager earn in Uganda?

A Bank Manager working in Uganda will typically earn around 65,519,800 UGX per year, and this can range from the lowest average salary of about 30,119,100 UGX to the highest average salary of 104,159,300 UGX.

How to Become a Banking Officer in Uganda?

Chartered Banker (CB)

(a) First Route

Bachelor’s Degree in relevant disciplines (Eligible for exemptions) OR Professional qualifications (CPA, ACCA, CIMA, CIPS, CPB) – (Eligible for exemptions) OR Masters degree (Eligible for exemptions)

(b) Second Route

Diploma OR UACE with 2 Principal passes (No exemptions)

Diploma In Microfinance (DMF)

Either:

(a) Uganda Certificate of Education (UACE) with 2 Principal passes and 1 subsidiary pass obtained at the same sitting or equivalent

(b) Banking Certificate

Certified Credit Management(CCM)

Either:

(a) Banking Certificate

(b) Certified Professional Banker (Formerly Diploma in Banking)

(d) Any other recognized professional qualification like CPA, ACCA, Or any other equivalent

Masters of Arts in Financial Services (MAFS)

Either:

(a) At least a 2nd class degree in Finance, Accounting, Business studies, or a degree with a strong quantitative bias

(b) A holder of a 1st degree and a Diploma in Banking/Certified Professional Banker obtained from Uganda Institute of Banking and Financial Services or Institute of Financial Services, UK