What bank is owned by the Catholic Church?
The Institute for Works of Religion (commonly known as the Vatican Bank) is the unique financial institution owned and operated for the Catholic Church. Headquartered inside Vatican City, it was established to manage assets, safeguard funds, and provide specialized global financial and payment services exclusively dedicated to religious works, charitable missions, and Catholic institutions worldwide. Operating under specialized oversight commissions and rigorous international regulatory compliance standards, the Vatican Bank remains distinct from standard commercial retail banking structures.
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