Overview

• The Commissione Cardinalizia approved a €13.8 million dividend for Pope Leone XIV after the Consiglio di Sovrintendenza endorsed the bank’s financial report.
• Total assets under management climbed to €5.7 billion, driven by deposits, current accounts and wealth management portfolios.
• Seventy-nine percent of Ior’s Catholic investment funds beat their benchmark indices in 2024, reflecting strong ethical investment returns.
• The bank invested in digital infrastructure upgrades and bolstered risk management by hiring specialized staff.
• Mazars Italia issued a clean audit opinion on the 2024 report, which was prepared under IAS-IFRS accounting standards.