Commercial Loan Collection Officer

145,929 ج.م.‏ (EGP)/yr

70.16 ج.م.‏ (EGP)/hr

4,641 ج.م.‏ (EGP)/yr

The average commercial loan collection officer gross salary in Egypt is 145,929 ج.م.‏ or an equivalent hourly rate of 70 ج.م.‏. In addition, they earn an average bonus of 4,641 ج.م.‏. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Egypt. An entry level commercial loan collection officer (1-3 years of experience) earns an average salary of 106,585 ج.م.‏. On the other end, a senior level commercial loan collection officer (8+ years of experience) earns an average salary of 182,309 ج.م.‏.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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243,692 ج.م.‏ (EGP)

67 %

Based on our compensation data, the estimated salary potential for Commercial Loan Collection Officer will increase 67 % over 5 years.

Education data not available for this job

Egypt

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Egypt (Arabic: مصر Miṣr [mesˁr], Egyptian Arabic pronunciation: [mɑsˤr]), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and the Sinai Peninsula in the southwest corner of Asia. It is bordered by the Mediterranean Sea to the north, the Gaza Strip of Palestine and Israel to the northeast, the Red Sea to the east, Sudan to the south, and Libya to the west. The Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo...

Sourced from Wikipedia
Writes letter to customer to demand payment of loan balance. Calls or visits with customer to determine if repayment plan can be established. Reviews files of commercial loans in default to determine collateral held by bank. Initiates collateral liquidation when customer does not repay loan. Read More

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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