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"The IOR [Vatican bank, which is called the Istituto per le Opere di Religione, or IOR] doesn't administer loans or publish its financial results. Its clients are mainly Vatican officials, clergy and private individuals who are invited by the bank to open accounts. Located in a medieval tower inside the world's smallest state, the IOR is regulated only by a small commission of cardinals who report to the pope."
Originally posted by this_is_who_we_are
But seriously, isn't the Roman Catholic Church the largest holder of real estate in the world?
Originally posted by Max_TO
The documentary , ring of power , makes the claims that the city state of inner London controls the Vatican money .