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Pope Francis

Names of archbishops to receive pallium from Pope Francis

June 28, 2017. On June 29, the Feast of Sts. Peter and Paul, Pope Francis will bless the palliums of the Metropolitan Archbishops. This year, 36 have been appointed. The list is as followed
Vatican

Vatican comments on situation of missing Chinese Bishop Shao Zhumin

June 26, 2017. Bishop Peter Shao Zhumin, from Wenzhou in Continental China, was taken into custody by Chinese police on Easter weekend 2017. While recognized as a bishop in the Catholic Church, he is an unofficial bishop or "underground” in China, since the Chinese government does not recognize him as religious.
Pope Francis

Pope Francis' complete schedule for Colombia trip

June 23, 2017. He will go to Colombia September 6-11.
Vatican

Bruno Marie Duffé, new secretary of the Department for Integral Development

June 16, 2017. Thepope has named French priest Bruno Marie Duffé, from Lyon, number two of the Dicastery for Promoting Integral Human Development. He will be in charge of one of the key offices in the Vatican Curia.
Pope Francis

Angela Merkel to meet with pope on June 17

June 9, 2017. The Vatican has confirmed that on Saturday, June 17, German Chancellor Angela Merkel will meet with Pope Francis. Both have previously met in Rome in May 2016, February 2015 and May 2013, two months after Pope Francis was elected pontiff.
Pope Francis

Pope Francis to meet with Venezuelan bishops on June 8

June 5, 2017. Pope Francis will meet with Venezuelan bishops next Thursday to discuss the situation their country is facing.
Vatican

New secretary of the Dicastery for Laity, Family and Life

May 31, 2017. The Brazilian priest Alexandre Awi Mello, the National Director of Brazil's Schönstatt Movement, will serve as the new secretary. He was born Rio de Janeiro in 1971, and ordained a priest in 2001.

Vatican Bank issues first public report in its 70 year history

2013-10-01

The IOR, more commonly known as the Vatican Bank, was established in 1942. Since that time it had never allowed access into its balance sheets. But on Tuesday morning, it issued its firstannual report of its financial activity in 2012.

The 100-page report is the Vatican's latest effort to improve the bank's transparency and meet international standards. With 114 employees, the bank oversees nearly 18,900 accounts, with a combined total of 7.1 billion euros in assets. That's roughly the same size as a small regional bank.

The bank has nearly 800 million euros in equity, while the remaining 6.3 billion is split: 3.2 billion as an investment bank for its clients, and 3.1 billion as deposits for current accounts.


This added step into making the Vatican bank more transparent comes weeks before a special commission Pope Francis appointed is due to hand in their recommendations into the institution's future.



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