Keystone Bank Salary Structure in Nigeria 2025

As one of the leading commercial banks in Nigeria, Keystone Bank offers competitive salaries to its employees. 

Keystone Bank is one of the premier banks in Nigeria, providing banking services for individuals, small businesses, and corporate organizations. 

With its inception in 2011, the bank has certainly gained popularity as a household name in the Nigerian banking industry. Nevertheless, a question often asked amongst job seekers and those interested in the finance sector is, how much is a Keystone bank employee paid?

This article aims to discuss in detail the salary structure for Keystone Bank employees in 2025, providing information on how much employees at different levels earn in the organization. 

This will serve as a complete guide for entry or junior level candidates as well as seasoned multiple-year experienced bankers looking for new opportunities.

Guaranty Trust Bank (GTB)  Salaries in Nigeria 2025

Keystone Bank Entry-Level Salary

For inexperienced graduates just beginning their careers in the banking sector, Keystone Bank offers an appealing and competitive entry level salary. 

Most beginner positions typically are customer service representatives, tellers, or graduate trainees.

Graduate Trainees at Keystone Bank

Graduate trainees usually follow a set program of instruction and hands-on training to prepare them for essential roles in the banking industry.  

Estimated Salary (Monthly): ₦100,000 – ₦140,000

Tellers and Customer Service Representatives at Keystone Bank

These are important positions supporting the day to day activities of the bank by managing customer’s transactions and dealing with their questions or comments.  

Estimated Salary (Monthly): ₦70,000 – ₦100,000

Additionally, entry-level staff may be eligible for allowances such as transportation and housing, depending on their location and role.

Mid-Level Roles at Keystone Bank

Supervisors, relationship managers, and other officers in charge of specific departments at the bank are considered mid-level employees. 

These staff make more money than others due to their elevated work responsibilities and advanced skills. 

Managing clients and their financial concerns is a relationship manager’s primary duty. They are also responsible for recommending financial products and achieving sales quotas. 

Estimated Salary Range (₦250,000 – 400,000)

Operations Supervisors  

These persons attend to the middle and secondary office services who are charged with the maintenance of the smooth running of the back and middle offices for operational banking. 

(Operations Supervisor) Estimated Salary Range (₦200,000 – 300,000)

Senior Level Positions in Keystone Bank

The senior positions in the bank, such as those of the managers, heads of divisions, and other top executives, are usually assigned to people who have a certain level of experience and perform these managerial positions to achieve core objectives and strategy for the bank. 

It is expected that these types of positions are rewarded better than other roles, and one of the reasons is that these roles often offer perks like an official car, travel expenses, and bonus payments based on results. 

Bank Managers salaries at Keystone Bank

The role of Bank Managers is to supervise each branch, ensure set financial targets are met, and overall customer satisfaction with the services rendered. 

(Branch Managers) Estimated Salary Range (₦550,000 – 900,000)

Departmental Heads salaries Keystone Bank

Has the responsibility to supervise the operational functions of selected subdivisions such as Information Technology, Operations or even Human Resources Department. 

Estimated Salary Range (₦700,000 – 1,200,000)

Keystone Bank Executive Roles

Executive Directors and other high-ranking people like Managing Directors, Chief Operating Officers, and Directors get paid well because they manage important tasks like decision making, strategic planning, and other impactful operations at the bank. So, it is no shock that they have high salaries.

Executive Directors at Keystone Bank 

Estimated Salary (Monthly): ₦2,500,000 – ₦5,000,000

Managing Director/CEO at Keystone Bank 

The Managing Director is also known as the highest-paid employee and has a key role in a company because they ‘represent’ it. For this reason, they are always at the top when it comes to salary.

Estimated Salary (Monthly): ₦6,000,000 – ₦10,000,000

Keystone Bank Allowances and Benefits

Other than the normal salary, Keystone Bank provides their employees with diverse allowances and benefits aimed at improving performance satisfaction.

Housing Allowance

An accommodation allowance is offered for specific positions especially in expensive cities like Abuja and Lagos.

Healthcare Benefits

The bank offers total health insurance coverage to employees and their families.

Bonuses

Annual bonuses are performance-based and are paid if predetermined individual and company targets are met.

Pension Contributions

Keystone Bank follows the Pension Act of Nigeria and makes contributions towards employees’ retirement savings.

Leave Allowance

Employees are provided with leave allowances which allow them for rest while also maintaining a healthy work-life balance.

Why Keystone Bank is an Attractive Employer

Keystone Bank remains a top choice for professionals looking to grow their careers in the banking sector for several key reasons:

• Competitive Salaries: The bank offers salaries that align with industry standards, ensuring employees are fairly compensated.
• Training and Development: Keystone invests significantly in staff training to ensure they remain top performers in their roles.
• Career Progression: Employees at Keystone Bank have access to clear career advancement paths, making it a preferred destination for ambitious professionals.
• Employee Benefits: The bank provides additional perks like health insurance, housing allowances, and bonuses, making it an attractive workplace. 

Factors Influencing Salary at Keystone Bank

There are many aspects that can affect an employee’s remuneration at Keystone Bank, such as: 

• Position and Level of Responsibility: Responsibility and complexity of tasks assigned at work determine the salary that one will receive. 
• Experience: The earnings of junior employees are usually lower than those of more experienced employees, and the number of years of experience an employee has will affect their earnings as well. 
• Location :Due to the increase in the cost of living, employees in relatively major cities tend to earn more. 
• Performance: Meritorious work can lead to earning enhancements along with bonus eligibility. 

Final Thoughts on Keystone Bank Salary Structure in Nigeria 2025

In conclusion, Keystone Bank offers competitive salaries to its employees in Nigeria, with average salary ranges varying depending on the position, level of experience, qualifications, and location. 

For anyone seeking a career in the banking industry, keystone bank has proved to be one of the best employers. From every position, including entry level support staff to senior executive roles, the bank has a lot to offer.

FAQ – Keystone Bank Salary Structure in Nigeria 2025

How much does Keystone Bank pay graduates?

Graduate trainee which is the entry level position at Keystone Bank  earn ₦169,000 averagely according to Salaryscale

What is the salary in Keystone?

Which Bank pays the highest salary?

Among top contenders of banks that pay the highest salaries are:

• Access Bank
• Standard Chartered Bank
• Stanbic IBTC Bank
• Zenith Bank
• Guaranty Trust Bank (GTB): 

How much does Keystone Bank pay an executive trainee?

According to data from Glassdoor, an executive trainee at Keystone Bank earns an average salary of between ₦168,000 to ₦788,000