From offices just off St Peter’s Square in the Vatican, Jean-Baptiste Douville de Franssu, a former executive at the money-management firm Invesco, and Gian Franco Mammì watch over €5.7bn at ...

Despite the COVID-19 pandemic, the Vatican bank had a profit of 36.4 million Euros ($44.1 million) in 2020, according to its annual report. (CNS/Reuters/Tony Gentile) ...

From offices just off St. Peter’s Square in the Vatican, Jean-Baptiste Douville de Franssu, a former executive at the money-management firm Invesco Ltd., and Gian Franco Mammì watch over €5.7 ...

Vatican City, Jun 11, 2025 / 15:48 pm The Institute for the Works of Religion (IOR, by its Italian acronym), popularly known as the Vatican Bank — a small financial institution with just over ...

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.

The bank’s profits rose about 7% to EUR32.8 million in 2024, according to figures released Wednesday. Those earnings, which are used to pay dividends to the church, won’t make up for the hole left in ...

But the amounts have dwindled; the bank gave nothing specifically to the pope in 2023, despite registering a net profit of 30 million euros ($34.2 million), according to its financial statements.

But the amounts have dwindled; the bank gave nothing specifically to the pope in 2023, despite registering a net profit of 30 million euros ($34.2 million), according to its financial statements.

But the amounts have dwindled; the bank gave nothing specifically to the pope in 2023, despite registering a net profit of 30 million euros ($34.2 million), according to its financial statements.