vatican bank


The Vatican Bank was established in June 1942 by Pope Pius XII. Since 9 July 2014, its President is Jea… Banco Ambrosiano was an Italian bank that collapsed in 1982. At the centre of the bank's failure was its chairman, Roberto Calvi, and his membership in the illegal former Masonic Lodge Propaganda Due (aka P2).

The Institute for Works of Religion (IOR), commonly referred to as the Vatican Bank, is a privately held financial institution located inside Vatican City.

The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione – IOR; Latin: Institutum pro Operibus Religionis ), commonly known as the Vatican Bank, is a financial institution situated inside Vatican City and run by a Board of Superintendence which reports to a Commission of Cardinals and the Pope. This is a private institute which is located within Vatican City and it is run by an advisory board who gives report directly to the pope and a committee of cardinals. The Vatican Bank The Vatican Bank is also known as the Institute for the Works of Religion. The Vatican Bank replaced Tedeschi in June 2012 with Ernst von Freyberg, initially to serve as an interim leader, before appointing him as President of the Board of Superintendents in … Vatican Bank is a more common name for the Institute for the Works of Religion (in Italian: Istituto per le Opere di Religione or shorter IOR).

Visiting the official website of the Holy See one can browse: the Magisterium of the Supreme Pontiffs (from Pope Leo XIII to Pope Francis); the fundamental texts of Catholicism in various languages (the Sacred Bible, the Catechism of the Catholic Church, the documents of the Second Vatican Council and the Code of Canon Law); the documents of Dicasteries, Bodies and Institutions of the Roman Curia It is not a private bank, as there are no owners or shareholders, but it has been established in the form of a juridical canonical foundation, pursuant to its Statutes.

The Institute for the Works of Religion, commonly known as the Vatican Bank, was Banco Ambrosiano's main shareholder.The Vatican Bank … This institution, which is actually a private bank…

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