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.

1. Please provide the following:
a) A breakdown of local authority funds that have been stored with Qatar National Bank (QNB) since 1 January 2017.
The local authority does not and hasn’t invested in Qatar National Bank directly.
b) The quantum of the funds invested with QNB and the interest rate earned.
Not applicable
c) The latest list of approved countries for local authority funds to be invested in.
The local authority currently only invests with other local authorities in United Kingdom. Further information on who the council can invest in, please look at our Treasury Management Strategy.
https://wokingham.moderngov.co.uk/documents/s53718/Treasury%20Management%20Strategy%202022-2025.pdf
https://wokingham.moderngov.co.uk/mgIssueHistoryHome.aspx?IId=35882
https://wokingham.moderngov.co.uk/documents/s53977/Appendix%20C%20-%20Investment%20Strategy.pdf