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Commercial Bank Senior Vice President Salary in Port Elizabeth, South Africa

How much does a Commercial Bank Senior Vice President make in Port Elizabeth, South Africa?

R1,354,226 (ZAR)/year

Average Bonus

R251,074 (ZAR)

per Year
Total Compensation

R1,586,941.50

As of July, 23, 2026, the average commercial bank senior vice president gross salary in Port Elizabeth, South Africa is R1,354,226 or an equivalent hourly rate of R579. In addition, commercial bank senior vice presidents earn an average bonus of R251,074. An entry level commercial bank senior vice president with 1-3 years of experience earns an average salary of R939,329. At the higher end of the pay range, a senior level commercial bank senior vice president with 8+ years of experience earns an average salary of R1,717,779. Salary estimates are based on salary survey data collected directly from employers in Port Elizabeth, South Africa.
Data powered by ERI

Salary Potential for a Commercial Bank Senior Vice President

Explore the estimated salary growth for a Commercial Bank Senior Vice President in Port Elizabeth, South Africa for up to 5 years. The estimated salary of a Commercial Bank Senior Vice President will be R1,394,877 in 1 year and R1,570,056 in 5 years.
View Salary by Year
Estimated Salary
R1,436,749
Average Growth
6.1%
The estimated salary for a Commercial Bank Senior Vice President in 2 years is R1,436,749, which is 6.1% average growth. This information is based on ERI's compensation database.

Typical Commercial Bank Senior Vice President Education

This chart displays the highest level of education for Commercial Bank Senior Vice Presidents.

  • 0% of Commercial Bank Senior Vice Presidents have less than a High School Diploma
  • 0% of Commercial Bank Senior Vice Presidents have a High School Diploma
  • 0% of Commercial Bank Senior Vice Presidents have an Associate's Degree
  • 100% of Commercial Bank Senior Vice Presidents have a Bachelor's Degree
  • 0% of Commercial Bank Senior Vice Presidents have a Master's Degree
  • 0% of Commercial Bank Senior Vice Presidents have a Doctorate Degree

The typical field of study for a Commercial Bank Senior Vice President is Business Administration and Management.

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Popular Skills for a Commercial Bank Senior Vice President

Skills data not available for this job

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Cost of Living in Port Elizabeth, South Africa

The cost of living in Port Elizabeth, South Africa is 7% lower than the national average.
Cost of living trend lower
7% lower
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions

What does a Commercial Bank Senior Vice President do?
Oversees the broad range of banking activities of a commercial financial institution, including sales, operations, and electronic financial services. Develops, recommends, evaluates, and approves operational plans and programs. Directs, plans, approves, and implements overall growth strategies and personnel activities; and develops, implements, and interprets department and credit risk policies and procedures.
How much does a Commercial Bank Senior Vice President make in Port Elizabeth, South Africa?
The average salary for a Commercial Bank Senior Vice President is R1,354,226 per year or R578.73 per hour in Port Elizabeth, South Africa. Top earners have reported making up to R1,717,779. However, the typical pay range in Port Elizabeth, South Africa is between R939,329 and R1,717,779 annually.
What is the salary trajectory for a Commercial Bank Senior Vice President?
Commercial Bank Senior Vice President is projected to see a 15.9 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer? 
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career. 
What are some factors that impact Commercial Bank Senior Vice President salaries? 
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.

About Our Data

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.

Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.

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