VOL. XXXVII

NO. 49

5-SEPTEMBER-1994

Capital Markets

Bahrain Considers Leasing To Fund Purchase Of Hospital Equipment

Bahrain's Ministry of Finance is trying to finance a purchase of hospitalequipment worth BD10mn through a financial lease. It has asked National Bankof Bahrain to quote it a price for the lease, although other local banks may bepermitted to bid as well. The Ministry hopes that a leasing structure will provea cheaper form of finance than a straight commercial loan. The equipment is...