VATICAN IOR reports increased assets of 2.4 Billion Euro, up 84% since 2022

Editor’s Note: According to Wikipedia — which cites the official IOR report for 2022 — the Vatican’s Institute for Religious Works (IOR), popularly — but erroneously — called the Vatican Bank, had assets of 2.93 Billion Euro in 2022. But this year’s report for 2023, the assets are reported as 5.4 Billion Euro, up a stunning 2.47 Billion Euro or 84% in one year!

The 2023 report, however, claims only a 4% increase in managed assets of “cilents”.

Clearly, there is either some major discrepancy, or Pope Francis is being paid enormous sums of money from some source. Let’s see if any news source follows this story, reported for the first time here at FromRome.info.

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