Pope Francis instructs Vatican entities to move all funds to Vatican bank by Sept. 30
(www.catholicnewsagency.com)
👀 EYES ON! 👀
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The article says in 2021, they (the IOR) looked after 5.6 billion, not in Euros which is 5.2 billion, and they lost a lot of clients-472 to be exact. The IOR only made a profit of 19 million in 2021 and down from 44 million in 2020 and 46 million in 2019. So something has been happening to lower their profits. What, I don't know. But I wouldn't want to be 27 million dollars down in profit from 2019. I know it is not billions they are losing, but still, they are losing something. I think they should fire their money manager.