IOR Annual Report 2017


Press Release May 22nd, 2018


Investments consistent with the Catholic Faith           IT EN

Agreement between the Government of the Republic of Italy and the Holy See on Tax Matters


Dear reader,

Thank you for visiting the website of the Istituto per le Opere di Religione (IOR).

The purpose of the IOR is one that sets the Institute apart from any commercial financial service provider. It is to serve the global mission of the Catholic Church by way of protecting and growing its customers’ assets and providing them with dedicated worldwide payment services. In order to comply with this noble task that has been entrusted to the IOR by the Holy Father, the Institute must at all times ensure high-quality products and services, while assuring compliance with financial regulation.

With great commitment and dedication, the IOR is steering its course as an integral part of the new financial-administrative architecture of the Holy See/Vatican City State. The IOR will continue to build on its strengths and provide financial advice and services to Catholic institutions that serve the pastoral and evangelical mission of the church globally.

The IOR has introduced a wide array of new processes in line with respective international standards to comply with Vatican regulation as well as a series of comprehensive efforts aimed at improving the robustness of the Institute’s services. The Institute has carried out an in-depth review of all its customer relationships, an effort which has been and still is closely supervised by the Vatican regulator AIF (“Autorità di Informazione Finanziaria”). This continuous effort ensures a high transparency standard that is rightly expected of the IOR.

In addition to strengthening this solid foundation, the IOR is also focusing its work on service and quality of its offering, particularly in the field of asset management where important developments will occur in the next few months to the benefit of its customers.
As the Institute moves forward along this path, its mission is and will remain to serve the Church throughout the entire world, helping the Holy See, religious congregations and Catholic institutions in their works of charity and evangelization.