Investments in Qatar National Bank

The request was successful.

Dear Great Yarmouth Borough 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, Great Yarmouth Borough Council

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Corporate Services.

Freedom of Information, Great Yarmouth Borough Council

6 Attachments

Dear Rob,

 

FREEDOM OF INFORMATION ACT 2000 – INFORMATION REQUEST – FOI-2223-
Investments in Qatar National Bank

 

Your request for information has now been considered and the information
requested is below (in red).

 

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:-

 

1 . A breakdown of local authority funds that have been stored with Qatar
National Bank (QNB) since 1 January 2017. - None

2. The quantum of the funds invested with QNB and the interest rate
earned. – N/A

3. The latest list of approved countries for local authority funds to be
invested in. – See below:

• Australia
• Canada
• Finland
• Germany
• Netherlands
• Singapore
• Sweden
• UK

 

The answers supplied in response to your request are for your personal
use.  They are copyright of Great Yarmouth Borough Council and may not be
copied, distributed, published or exploited for commercial purposes or
financial gain without the explicit written consent of Great Yarmouth
Borough Council.

 

Should you have any queries regarding the information provided, please do
not hesitate to contact me.  You have the right of appeal through the
Council’s internal complaints procedure by setting out the ground of your
appeal in writing to me.

 

Yours sincerely

Wendy

 

─────────────────────────────

Wendy Halsey
Information Governance Officer
Corporate Services
Legal & Governance
Great Yarmouth Borough Council
Email: [1][Great Yarmouth Borough Council request email]
[2]www.great-yarmouth.gov.uk
Telephone: 01493846472

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