Posts Tagged ‘Cardinal Santos Abril Castelló’

Vatican bank posts healthy profit despite economic shock of pandemic

Monday, June 14th, 2021

The Institute for the Works of Religion, commonly known as the Vatican bank, showed a net profit of 36.4 million euros ($44.1 million) in 2020, according to its annual report. Compared to a net profit of 38 million euros ($46 million) the previous year, “this is a very significant result” considering the low yields and Read more