A person working as Loan Officer in Egypt typically earns around 3,620 EGP. Salaries range from 1,810 EGP (lowest) to 5,610 EGP (highest).
This is the average salary including housing, transport, and other benefits. Loan Officer salaries in Egypt vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Salaries for the position Loan Officer in Egypt range from 1,810 EGP (starting salary) to 5,610 EGP (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 3,350 EGP, half of the professionals who work as Loan Officer in Egypt earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Loan Officer in Egypt earn less than 2,750 EGP, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,820 EGP while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Loan Officer in Egypt compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,120 EGP to 2,950 EGP. About 20% of salaries are below the 2,120 EGP mark, while 10% fall within the range of 2,950 EGP to 3,330 EGP. Only 5% of individuals have salaries exceeding 3,330 EGP.