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Vatican bank reports increased profit in 2022, recovery of stolen funds

VATICAN CITY (CNS) The Institute for the Works of Religion, often referred to as the Vatican bank, made a net profit of 29.6 million euros (about $31.6 million) in 2022, a 63% increase from the profit reported in the previous year (18.1 million euros), according to its annual report. In the report, which was released by the Vatican June 6, Jean-Baptiste de Franssu, president of the bank s board of supervisors, said among the important achievements the past year was the recovery of 17.2 milli

Vatican bank reports increased profit in 2022, recovery of stolen funds

The Institute for the Works of Religion, often referred to as the Vatican bank, made a net profit of 29.6 million euros (about $31.6 million) in 2022, a 63% increase from the profit reported in the previous year (18.1 million euros), according to its annual report.

Vatican and Corruption - Capital Newspaper

Vatican and Corruption - Capital Newspaper
capitalethiopia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitalethiopia.com Daily Mail and Mail on Sunday newspapers.

Former Vatican bank boss loses appeal; conviction affirmed | News Headlines

A Vatican court has upheld the conviction of Angelo Caloia, the former head of the Institute for Religious Works (IOR), who was convicted last year of financial misconduct.

Appeals court upholds sentence against former Vatican bank president

Appeals court upholds sentence against former Vatican bank president
myspiritfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myspiritfm.com Daily Mail and Mail on Sunday newspapers.

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