Vatican Bank

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The Institute for Religious Works, commonly known as the ‘Vatican bank.’ Credit: Joi via Flickr (CC BY 2.0).

Vatican bank reports $44 million profit in pandemic year

Jun 11, 2021

By CNA Staff

The Institute for Religious Works is giving 75% of the profits to the pope. Read more

The Institute for Religious Works, commonly known as the ‘Vatican bank.’ Credit: Joi via Flickr (CC BY 2.0).

Ex-Vatican bank president given 9-year prison sentence for money-laundering

Jan 21, 2021

By Hannah Brockhaus

The former president of the institute commonly known as the “Vatican bank” has been given a sentence of eight years... Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

Vatican court due to hold sentence hearing for ex-Vatican bank president

Jan 15, 2021

By Hannah Brockhaus

The Vatican court is due to hold a sentence hearing next week in a criminal trial against the former president... Read more

St. Peter’s Basilica.

Report: Vatican seeks 8-year jail sentence for ex-Vatican bank president

Dec 7, 2020

The Vatican’s Promoter of Justice is seeking an eight-year jail term for a former president of the Institute for Religious... Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

Vatican bank reports €38 million profit in 2019

Jun 8, 2020

By Courtney Mares

The Institute for the Works of Religion (IOR), commonly called the Vatican Bank, said it had made a net profit... Read more

Valletta, Malta.

Malta court authorizes seizure of €29 million in Vatican bank assets

Apr 9, 2020

By Ed Condon

A Maltese court has authorized the seizure of assets belonging to the Institute for Works of Religion (IOR), commonly called... Read more

St. Peter's Basilica.

After Vatican raid, 5 officials and employees suspended

Oct 2, 2019

An Italian news magazine has reported that five Vatican employees have been suspended following an Oct. 1 raid of offices... Read more

St. Peter's Basilica.

Vatican prosecutors conduct raid on Secretariat of State offices

Oct 1, 2019

By Hannah Brockhaus

Vatican prosecutors seized documents and electronic devices in a raid executed Tuesday at the offices of the most senior curial... Read more

St. Peter's Basilica.

Pope Francis taps Italian bishop to head Vatican treasury

Jun 26, 2018

By Elise Harris

The Vatican announced Tuesday that Pope Francis has accepted the retirement of Cardinal Domenico Calcagno as head of the body... Read more

St. Peter's Basilica.

Embezzlement trial begins for ex-Vatican Bank president

May 9, 2018

By Hannah Brockhaus

The first hearing in a trial against the former president of the Institute of Religious Works (IOR) – known as... Read more

St. Peter's Basilica.

Vatican court charges former IOR president with embezzlement

Mar 5, 2018

By Hannah Brockhaus

A former president of the Institute of Religious Works - the so-called “Vatican Bank” - and his lawyer have been... Read more

A view of St. Peter's Basilica in Vatican City, Jan. 25, 2015.

Vatican's first General Auditor resigns abruptly

Jun 20, 2017

In an unexpected move in the Holy See’s ongoing financial reform, the Vatican announced on Tuesday the resignation of Libero... Read more

St. Peter's Basilica dome.

Banker under scrutiny after alleged misuse of Vatican financial system

Feb 22, 2017

A banker who allegedly used the Vatican Bank and other aspects of Holy See finances to manipulate the market for... Read more

The Institute for Religious Works, or the Vatican Bank as it is commonly known. (File Photo/CNA)..

Amid investigation, accounts of former Vatican Bank directors frozen

Dec 8, 2014

More than $19.6 million in the accounts of two former managers of the Institute for Religious Works, commonly known as... Read more

Cardinal George Pell, prefect of the Secretariat for the Economy, speaks at the Vatican press office, July, 9, 2014.

Holy See announces new economic, communications framework

Jul 9, 2014

The Vatican announced Wednesday major changes to both its economic and communications frameworks, including an increased role for the Secretariat... Read more

Fr. Federico Lombardi in the Vatican Press Office Feb 26, 2013.

Mission of Vatican bank a key point in cardinal meetings

Feb 18, 2014

By Elise Harris

Spokesman Father Federico Lombardi says that the council of eight cardinals spent their second day of meetings discussing the so-called... Read more

The Institute for Religious Works, or 'Vatican bank'. (File Photo/CNA).

Former Vatican accountant faces further corruption charges

Jan 23, 2014

An arrested priest who formerly served as an accountant in the Vatican now faces charges he falsely solicited donations, laundered... Read more

The Institute for Religious Works, or the Vatican Bank as it is commonly known, June 28, 2013 (File Photo-CNA).

Cardinal commission for Vatican bank could undergo changes

Jan 10, 2014

By Andrea Gagliarducci

Pope Francis could be considering a reshuffle of the cardinals commission of the Institute for Religious Works, the so-called “Vatican... Read more

Pope Francis gives an exclusive interview to Italian newspaper La Stampa on Dec. 15, 2013.

New Pope interview touches on Church political reform

Dec 16, 2013

By Andrea Gagliarducci

Pope Francis' recent interview with Italian newspaper La Stampa Dec. 15 addressed some of the more political issues in the... Read more

The Institute for Religious Works (Vatican Bank), June 28, 2013. (File Photo/CNA).

Moneyval report shows progress in Holy See's finances

Dec 13, 2013

The European body responsible for monitoring financial transparency issued a report Dec. 12 detailing the progress made by the Vatican's... Read more