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The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis; abbreviated IOR), [4] [5] commonly known as the Vatican Bank, is a financial institution [2] that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of Cardinals and ...
Banco Ambrosiano was an Italian bank that was established in 1896 and collapsed in 1982. The Vatican-based Institute for the Works of Religion, commonly known as the Vatican Bank, was Banco Ambrosiano's main shareholder.
Considering stock market conditions and a recent Rothschild offer to Egypt to refinance its debt, Tosti attempted to refinance the debt in more favorable terms; Rothschild opposed such an early refinance, fearing losses to his own bank and disrepute to Vatican bond issuances. [5]
Paul Casimir Marcinkus GCOIH (/ m ɑːr ˈ s ɪ ŋ k ə s /; January 15, 1922 – February 20, 2006) was an American archbishop of the Catholic Church and president of the Institute for the Works of Religion, commonly known as the Vatican Bank, from 1971 to 1989.
This is an accepted version of this page This is the latest accepted revision, reviewed on 24 December 2024. Enclaved Holy See's independent city-state This article is about the city-state in Europe. For the city-state's government, see Holy See. Vatican City State Stato della Città del Vaticano (Italian) Status Civitatis Vaticanae (Latin) Flag Coat of arms Anthem: Inno e Marcia Pontificale ...
Organization Worth (billion USD) Country Religion/Belief Notes The Church of Jesus Christ of Latter-Day Saints: 265.0 United States Non-Trinitarian Christianity (Mormonism)
Alperin v. Vatican Bank was an unsuccessful class action suit by Holocaust survivors brought against the Vatican Bank ("Institute for the Works of Religion" or "IOR") and the Franciscan Order ("Order of Friars Minor") filed in San Francisco, California, on November 15, 1999.
The Bank of the Holy Spirit (Italian: Il Banco di Santo Spirito) was a bank founded by Pope Paul V on December 13, 1605. The bank was the first central bank in Europe (as the bank of the Papal States) at a level above city-states, [1] the first public deposit bank in Rome, [2] and the oldest continuously operating bank in Rome until its merger in 1992.