Posts Tagged ‘Monsignor Battista Ricca’

Vatican bank reports profit increase while upholding Catholic ethics

Monday, June 12th, 2023

The Vatican bank’s commitment to upholding Catholic ethics helped it achieve a profit of €29.6 million in 2022, according to its recently published budget. Officially known as the Institute for Religious Works or IOR, the bank, once a symbol of financial misconduct, has successfully rebranded itself as a pillar of transparency at the Vatican. Pope Read more