Vatican’s bank publishes annual financial statement
13/06/2017-
A statement from the Institute for the Works of Religion, popularly known as the Vatican Bank, published its annual financial report on Monday, showing net gains of €36 million for the year 2016.
That figure is more than twice the €16.1 million income of the previous year, which the statement says was achieved through “a prudent approach in managing IOR’s investments in a year characterised by high volatility, global political uncertainty due to unexpected outcomes of major electoral events and low interest rates”…













