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First City Monument Bank (FCMB) Salary Structure 2020

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First City Monument Bank (FCMB) Salary Structure kikiotolu

Checkout the First City Monument Bank (FCMB) salary structure in Nigeria this 2020, and know how much they pay their staffs.

First City Monument Bank is one the thriving banks in the country. First City Monument Bank which is popularly known as FCMB pays its staff a good salary compared to some other good banks. The bank is among those few banks that offer their workers numerous allowances. This article, “First City Monument Bank Salary Scale: How Much Does First City Monument Bank Pay Staffs”, will inform you on how First City Monument Bank pays its staffs.

First City Monument Bank commonly referred to as FCMB is categorized under the term “New Generation Bank” in Nigeria. The bank was established on the 20th of April 1982 and till date it has grown to a big player in the Nigerian Banking industry with total assets valued at US$$3.65 billion (NGN:593.3 billion).

According to Schoolings, FCMB is a popular bank but they are known to have very few branches in Nationwide, but that is not to discredit the bank’s efficiency and their customer-centric approach and the value they place on their Human resources.

FCMB ranks among the of top 10 highest paying banks in Nigeria, not many are aware of this. The banks pay above a hundred Thousand (100,000) Naira for their entry level position, which is a good one.

How Much Does FCMB Pay Its Marketers 2020?

It is understandable that many want to know how much FCMB pays its marketing officers. In the banking system, the cashiers and marketers face a lot of stress. According to MySalaryScale, the average net salary for Marketing Officer at First City Monument Bank (FCMB), Nigeria is ₦38K. This is at entry level though.

How Much Does FCMB Pay Its Graduate Trainees 2020?

No regular person working in a bank, enters the system without undergoing some sort of training. Every bank makes training compulsory. At First City Monument Bank, graduate trainees or interns get paid N46,000 per month. The training lasts for more than 1 month, but less than 1 year.

How Much Does FCMB Pay Its Entry Level Staffs 2020?

On completion of your training at First City Monument Bank, you become an entry level staff, and your salary will be increased. Entry level staffs at First City Monument Bank get paid N115,000 per month. This monthly salary amounts to N1,380,000 per annum.

How Much Does FCMB Pay Its Loan Officers 2020?

The salary received by Loan officers at the bank is a lot more than that of entry level staffs. Loan officers at First City Monument Bank get paid N541,000 per month. This monthly salary sum up to N6,492,000 per annum.

How Much Does FCMB Pay Its Credit Analysts 2020?

Only a few people become credit analyst, compare to the total number of people working in the bank. Credit Analysts however get paid a very handsome salary of N610,000 per month. This monthly salary is the same as N7,320,000 per annum.

How Much Does First City Monument Bank Pay Its Branch Managers 2020?

The aspiration of many bank workers is becoming a branch manager some day. Every bank worker wants this position because of the fat salary earned by branch managers. Branch managers at First City Monument Bank earn N690,000 per month. Apart from their monthly salary, they are also offered juicy allowances more than other staffs.

With the above figures, I am sure you can see it won’t be a bad idea working for FCMB.

There you have it on this post “First City Monument Bank (FCMB) Salary Structure 2020” I hope you found this piece helpful. You can look around www.kikiotolu.com for more informative post.

About Ayeni Tolulope

Ayeni Tolulope is a fine-grained Journalist, Writer, Digital Media Strategist. He has been a member of the Fourth Estate for three years. He worked with LailasNews for over a year.

    2 Comments

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