Institute for Religious Works

The Latest

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

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.

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

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

Pope Francis reaffirms importance of Vatican bank's mission

Apr 7, 2014

Pope Francis approved a proposal Monday on the future of the Institute for Religious Works, commonly known as the “Vatican... Read more

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

New members of the Vatican bank cardinals' commission named

Jan 16, 2014

The Commission of Cardinals overseeing the Institute for the Works of Religion, or “Vatican bank”, were named on Wednesday; of... Read more

St. Peter's Basilica as seen on the night of Feb. 13, 2013. Stephen Driscoll/CNA.

Vatican interrogation request is first test of financial agreement

Aug 7, 2013

By Andrea Gagliarducci

The Vatican’s judicial authorities have requested that their Italian counterparts interrogate Monsignor Nunzio Scarano about withdraws he made from his... Read more