The Institute for the Works of Religion, commonly known as the Vatican Bank, is a financial institution that is situated inside Vatican City and run by a Board of Superintendence, which reports to a Commission of Cardinals and the Pope. It is not a private bank, as there are no owners or shareholders; it has been established in the form of a juridical canonical foundation, pursuant to its statutes. Since 9 July 2014, its president is Jean-Baptiste de Franssu. The IOR is regulated by the Vatican's financial supervisory body ASIF.
The Institute was founded in June 1942 by papal decree of Pope Pius XII. In June 2012, the IOR gave a first presentation of its operations. In July 2013, the Institute launched its own website. On 1 October 2013, it also published its first-ever annual report.
Wikipedia https://en.wikipedia.org/wiki/Institute_for_the_Works_of_Religion
Address (Unnamed Road), Città del Vaticano 00120, Vatican City
Coordinates 41°54'13.857" N 12°27'24.386" E
