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Salary structure of Shepherd Trust Microfinance Bank

Shepherd Trust Microfinance Bank (STMB) is a reputable Nigerian bank that provides financial services to individuals and businesses.

The bank is well-known for its commitment to financial inclusion and its focus on providing affordable and accessible financial services to the underbanked and underserved population.

In this article, we will discuss the salary structure of Shepherd Trust Microfinance Bank according to roles and responsibilities, how the bank operates, and other information people need to know about the bank.

Salary Structure of Shepherd Trust Microfinance Bank According to Roles and Responsibilities

The salary structure of Shepherd Trust Microfinance Bank is competitive and is based on the roles and responsibilities of the employees.

The bank has a robust performance management system that rewards employees based on their contributions to the bank’s growth and success.

Below is a breakdown of the salary structure of Shepherd Trust Microfinance Bank according to roles and responsibilities:

• Entry-level positions: The entry-level positions at Shepherd Trust Microfinance Bank include customer service representatives, tellers, and loan officers. The salary for these positions ranges from ₦50,000 to ₦100,000 per month.

• Mid-level positions: Mid-level positions at Shepherd Trust Microfinance Bank include branch managers, credit analysts, and marketing officers. The salary for these positions ranges from ₦150,000 to ₦300,000 per month.

• Senior-level positions: Senior-level positions at Shepherd Trust Microfinance Bank include regional managers, head of operations, and chief financial officers. The salary for these positions ranges from ₦500,000 per month.

How Shepherd Trust Microfinance Bank Operates

Shepherd Trust Microfinance Bank operates under the guidelines of the Central Bank of Nigeria (CBN). The bank is licensed to provide financial services to individuals and businesses in Nigeria.

The bank’s operations are guided by its core values, which include integrity, professionalism, and customer satisfaction.

The bank offers a wide range of financial products and services, including savings and deposit accounts, loans, and financial advisory services.

The bank also provides mobile and internet banking services that allow customers to access their accounts and conduct transactions from the comfort of their homes.