Dutch financial group ING sees Asia as one of its key regions for future growth, according to its head of investment banking. ING Group executive board member Hessel Lindenbergh said it had a very positive view on the regional economies, and was looking for areas in which to expand. This comes in spite of the group announcing a restructuring last month that led to cutting 1,000 jobs worldwide. As part of that move, the group announced it was quitting its United States domestic investment banking business. The group sees investment banking as an important area for future growth, but it is also keen to consolidate its insurance business in the region, following acquisitions last year. Mr Lindenbergh said the reviews had left the Asian operations unchanged. 'We've done our review and said: 'Where can we compete?' And the clear outcome of that is probably that the US is a difficult place to compete but certainly in Asia we see growing opportunities,' he said. 'Overall there is a very positive feel about the developments taking place at different speeds with different models and from different starting positions in different countries. But on the whole, when you see what's happening in most of the countries it's a strong drive to grow the economies and leave the image of an Asian crisis firmly behind.' The group has a life insurance licence to operate in Shanghai, plus one it inherited when it bought US insurance group Aetna last year. Mr Lindenbergh said he was confident with their future. 'We feel very comfortable with the experience so far. We have set up greenfield operations all over the world in the last few years and we have been quite active in central and eastern Europe,' he said.