7 July 1999

New bank registration

The Reserve Bank today announced that Rabo Wrightson Finance Limited has been registered as a bank in New Zealand. Rabo Wrightson Finance Limited is a New Zealand-incorporated wholly-owned subsidiary of the Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., trading as Rabobank Nederland domiciled in the Netherlands.

This brings the number of registered banks to 17.

For further information contact
Paul Jackman
Corporate Affairs Manager
Phone 04 471 3671, home 04 479 5457, pager 026 105 085,
Email jackmanp@rbnz.govt.nz

or

Peter Ledingham
Chief Manager
Banking System Department
Telephone 04 471 3754