RIYADH, 13 September 2005 — Rashed Abdul Aziz Al-Rashed, chairman of the board of Riyad Bank, authorized the board of directors in the general meeting yesterday to issue new bonds and certificates of deposits. The general meting also approved modifying the number of terms in the bank system. The deputy executive manager for financial affairs, Abdul Aziz Al-Furaih, said that the main target for these modifications is to grant the bank more flexibility to expand and create new banking products.