IOR posts best returns in a decade

The bank paid a dividend to the pope of 24 million euros, up more than 76 percent from last year.

The Institute for Works of Religion posted its best financial results in a decade, according to its annual report released Monday.

The Torrione di Niccolò V, the Vatican headquarters of the Institute for the Works of Religion. Joi Ito/wikimedia CC BY 2.0.

The institute, commonly referred to as the Vatican bank, is the sole commercial financial institution…