Vatican Bank’s Profit Jumps 55.5% Over Previous Year
The Institute for the Works of Religion closed 2025 with a net profit of 51 million euros and approved a 24.3 million euro dividend for the Holy Father.
Results from Tag: 'vatican bank'
What Makes a ‘Catholic’ Investment? New Vatican Funds Raise the Question
Each of the two indexes includes 50 mid- and large-cap companies and is guided by the social doctrine of the Catholic Church.
Vatican Bank Names New President
François Pauly will succeed Jean-Baptiste de Franssu at helm of Institute for the Works of Religion.
Vatican Bank Launches 2 New Equity Indexes Aligned With Catholic Principles
Two indexes with 50 companies each that adhere to Catholic social teachings were announced by the Vatican Bank in order to promote ethical Catholic investing.
Vatican Bank Reinstates Couple Fired for Violating Prohibition On Married Employees
The Association of Lay Employees of the Vatican (ADLV) celebrated the outcome of the case.
Vatican Court Dismisses Milone’s Appeal in Wrongful Termination Case
Libero Milone, the Vatican’s first auditor general, says he was forced out after uncovering financial misconduct and vows to continue his legal fight.
Vatican Bank Recorded a Net Profit of 32.8 Million Euros in 2024, Up 7% From 2023
The report also included information on the profits redistributed to the Pope and to other Holy See budget items.
A New(ish) Statute for the Vatican Bank: Here is What it Means
The new statute does include some minor adjustments, such as redefining some of the offices of the institute. At the same time, it leaves certain critical issues unaddressed.
Pope Francis Instructs Vatican Entities to Move All Funds to Vatican Bank by Sept. 30
According to Francis’ rescript, financial and liquid assets held in banks other than the IOR must be moved to the Vatican bank within 30 days of Sept. 1, 2022.
Vatican Bank Reports $19 Million Profit in 2021
The IOR, based in Vatican City State, has 110 employees and 14,519 clients. It looks after 5.2 billion euros ($5.6 billion) of client assets.
