Institute for the Works of Religion (IOR)
in Vatican City 🇻🇦
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About Institute for the Works of Religion (IOR) in Vatican City
The Institute for the Works of Religion (Italian: Istituto per le Opere di Religione; Latin: Institutum pro Operibus Religionis), commonly known as the Vatican Bank, is a specialized financial institution situated within Vatican City. It operates as a juridical canonical foundation without owners or shareholders, serving the Catholic Church worldwide.
The IOR is the only institution authorized to professionally conduct financial activities within Vatican City State. It manages assets intended for religious and charitable works, serving over 12,000 clients across more than 110 countries.