Is the Vatican bank a sentral bank? (church, religion, charity)

[Digital-water]

Is the Vatican bank a central bank or a normal bank?

[Woodrow LI]

Since the Vaticn is considered a Nation and recognized as such by the UN. I assume the one bank in the country would be it's Central Bank by default.

[Snowball7]

The Vatican Bank mints its own coins in precious metal
and is not a member of the European Union. Although
Euros are the most common form of local currency, and
the Vatican does issue Euro-denominated coinage, it is
not a member of the EU. One reason is that the EU requires
member states to be democracies, and the Vatican City State
is a theocracy.

[Woodrow LI]

The Vatican Bank is a Private Bank. So private it is difficult to find any information about it.

The Institute for Works of Religion (IOR), commonly referred to as the Vatican Bank, is a privately held financial institution located inside Vatican City. Founded in 1942, the IOR’s role is to safeguard and administer property intended for works of religion or charity. The bank accepts deposits only from top Church officials and entities, according to Italian legal scholar Settimio Caridi. It is run by a president but overseen by five cardinals who report directly to the Vatican and the Vatican’s secretary of state. Because so little is known about the bank’s daily operations and transactions, it has often been called “the most secret bank in the world.”

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