Investments in Qatar National Bank

The request was successful.

Dear North Norfolk District Council,

I am seeking any information on local authority funds that have been stored with Qatar National Bank in the past 5 years, either as part of Treasury management operations, or for any other reason. Please provide the following:-

A breakdown of local authority funds that have been stored with Qatar National Bank (QNB) since 1 January 2017.
The quantum of the funds invested with QNB and the interest rate earned.
The latest list of approved countries for local authority funds to be invested in.

Please note that I have also made a request to some local authorities regarding money invested by council pension funds.

This is a separate request about a different type of investment, not a duplicated request.

I look forward to a response within the statutory time period.

Yours faithfully,

Rob Davies

freedom of information, North Norfolk District Council

DO NOT REPLY TO THIS MESSAGE! 

Thank you for your enquiry regarding Freedom of Information.  This
response has been automatically generated to acknowledge receipt of your
request. 

Your request is being considered and in line with the timescales laid down
by the legislation we will respond to your enquiry no later than 20
working days from receipt. 

Alternative contact details are as follows:- 

Eastlaw 

North Norfolk District Council 

Council Offices 

Holt Road 

Cromer 

Norfolk 

NR27 9EN 

tel: 01263 516207 

 

Further information can be found on the council’s website:   

[1]https://www.north-norfolk.gov.uk/tasks/t...

 

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freedom of information, North Norfolk District Council

Dear Mr Davies
 
FREEDOM OF INFORMATION ACT 2000 and/or ENVIRONMENTAL INFORMATION
REGULATIONS 2004 – INFORMATION REQUEST 021006
 
Thank you for your request for information.
 
I can confirm that NNDC does not have any investments or bank deposits
with Qatar.  Our investment and treasury policy is that money can only be
invested with countries that are part of the EU.
The information supplied to you continues to be protected by the
Copyright, Designs and Patents Act 1988, you are free to use it for your
own purposes, including any non-commercial research you are doing and for
the purposes of news reporting.  Any other re-use would require the
permission of the copyright holder.
 
For information where the copyright is owned by the Council, details of
the conditions on re-use can be found on our website.
 
If you are unhappy with the service you have received in relation to your
request and wish to make a complaint or request a review of our decision,
you should write to me at the above address within two months of the date
of this letter.
 
If you are not content with the outcome of your complaint, you can also
complain to the Information Commissioner at [1]www.ico.org.uk or Tel: 0303
123 1113
 
Yours sincerely
 
Kirsty Read
Legal Assistant
 
01263 516207
[email address]
[2]www.northnorfolk.org<http://www.northnorfolk.org>
 
021006 / 00558551
 
 

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