Rabobank New Zealand's share capital increased sharply in the period ended September 2010, after the bank received a fresh injection of NZ$300 million from Rabobank International in August.The additional capital took the total share capital to NZ$341 million. Including retained earnings, Rabobank's total equity stood at NZ$614 million at September 2010, or more than double the level in December 2009.The increase in capital coincides with the termination of the guarantee between Rabobank New Zealand and the Rabobank New Zealand branch with effect from October 14. The guarantee was first put in place in December 2000.Rabobank New Zealand continues to enjoy the benefit of a guarantee from Rabobank Nederland's.Separately, from December 2010, Rabobank New Zealand has been subject to new conditions of registration that limit exposure to connected persons, as well as updating its capital adequacy framework.Accordingly, the bank cut its exposure to connected persons to NZ$11 million from NZ$232 million the previous year.