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Thread: how much shall I expect for a vp role in a local bank?
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Old 08-11-2016, 02:57 PM
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My wife was a SVP in UOB, having been in UOB for 15 yrs the increment was slow unless there
You are promoted. As VP she was barely doing 10k (2008) and as a SVP her last drawn was $160k per annum (2015) . Now with citibank . Conclusion, you need to move to get a higher rate of increment but that comes with insecurity especially with our local banking scene. Worst is on the way it seems.
SVP on $160k per annum? I assume that's base w/o bonuses, which work out to 13.3k per month. from 10k in 2008, anual increment about 4.2%, not too much really.
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