Watch: Catholic church has billions of investments on mining, banks and real state
Photo by MB
UPDATED AS OF 09/21/2016 - 9:45 PM

Will we know how rich the Catholic Church is? 

The Church has interests in managing an account, oil, energy, data innovation, nourishment and refreshments, development, and mining 


Here are some of the facts:


One of the wealthiest bishoprics on the planet, the Archdiocese of Manila leads the path, with its doctor's facilities and different organizations occupied with the share trading system. 


As of December 29, 2014, the estimation of supplies of the archdiocese and its auxiliary organizations stopped in various organizations recorded in the PSE added up to more than P30 billion. 


The Archdiocese of Manila chose to haul out interests in oil and mining to be steady with its teachings. 




The Church now has a "negative rundown" where speculations ought not be set in light of the fact that these "conflict with Church teachings." These incorporate firms that participate in mining, betting, and kid work.


Watch the video below:




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Source: Rappler


SHOCKING: Catholic church has billions of investments in mining, banks and real state SHOCKING: Catholic church has billions of investments in mining, banks and real state Reviewed by FilipiNews PH on Wednesday, June 01, 2016 Rating: 5

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