Ior: in 2019 doubled profit, 38 mln – Last Hour

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(ANSA) – ROME, JUNE 8 – The net profit of the Institute for the
Works of Religion in 2019 has more than doubled compared
the previous year reaching 38 million euros, compared to
17.5 in 2018 (when profit had halved). The collection come on
customers remained stable at 5.1 billion (5 billion in
2018), of which 3.4 billion related to asset management and
securities custody. The net assets at December 31, 2019 are 630.3
million, net of profit distribution.

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