First City Monument Bank which is popularly known as FCMB pays its staff a good salary compared to some other good banks, making it a top job for Nigerian graduates in the industry.
Entry-level staff of FCMB earn as high as N100,000 monthly, with graduate trainees earning about N46,000 monthly. There is hope the price will be reviewed as a new minimum wage is set to be introduced in Nigeria soon.
First City Monument Bank Staff Salary 2024
FCMB which was established on the 20th of April 1982 and to 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) is among those few banks that offer their workers numerous allowances.
FCMB ranks among the 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.
FCMB Marketers Salary 2024
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.
FCMB Graduate Trainees Salary 2024
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.
FCMB Entry Level Staffs Salary 2024
On completion of your training at First City Monument Bank, you become an entry-level staff, and your salary will be increased. Entry-level staff at First City Monument Bank get paid N115,000 per month. This monthly salary amounts to N1,380,000 per annum.
FCMB Loan Officers Salary 2024
The salary received by Loan officers at the bank is a lot more than that of entry-level staff. Loan officers at First City Monument Bank get paid N541,000 per month. This monthly salary sums up to N6,492,000 per annum.
FCMB Credit Analysts Salary 2024
Only a few people become credit analysts, 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.
First City Monument Bank Branch Managers Salary 2024
The aspiration of many bank workers is to become a branch manager someday. 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 staff.
FCMB Monthly Basic Salary Take Home
Many still want to know what the basic monthly salary staff takes home, and based on our research it is One Hundred and Fifteen Thousand Naira Only (N115,000).
With the above figures, I am sure you can see it won’t be a bad idea working for FCMB.
