Rabobank New Zealand Limited is a bank in New Zealand, a subsidiary of Rabobank Nederland. Rabobank focuses on rural banking, business banking and saving services. The New Zealand subsidiary was registered in 1994. In 1998, Rabobank purchased the finance company Wrightson Farmers Finance Limited from Wrightson, a 160-year-old farming business, for NZ$300mil. The sale destabilised Wrighton, but effectively established Rabobank as a rural lender in New Zealand. From November 2008 until December 2012, Rabobank was the principal sponsor of BikeNZ (since renamed to Cycling New Zealand).