In general earnings tended to remain around the year’s average, with the exception of a few banks which in December reported higher salaries, probably thanks to bonuses.
RBS climbed to no. 2 in December, with a net average salary of RON10828, from no. 5 in September.
Bank of Cyprus doubled its net earnings, climbing to RON10235 from RON5020 on September 30.
Banks with few employees tend to pay the highest wages, while those with more extensive networks and a large number of employees pay lower wages. Top managers (president and vice-president) can earn 10 times more than the bank’s average.
In December the average net salary in the economy was RON1604 (EUR368), while the salary in the financial intermediation sector (NBFI), was RON4348 net (EUR1000), almost three times more than the average salary in the economy. (EUR1=RON4.3535)