Western Asia the Mediterranean Sea. To the north, the region is delimited from Europe by the Caucasus Mountains, to the southwest, it is delimited from Africa by the Isthmus of Suez, while to the east, the region adjoins Central Asia and South Asia. The Dasht-e Kavir and Dasht-e Lut deserts in eastern Iran naturally delimit the region somewhat from Asia itself. Three major tectonic plates converge on Western Asia, including the African, Eurasian, and Arabian plates. The boundaries between the tectonic plates make up the Azores-Gibraltar Ridge, extending across North Africa, the Red Sea, and into Iran. The Arabian Plate is moving
Bank of Africa (Red Sea) group acquired Banque Indosuez in 1996. In August 2010 the BOA Group, commenced negotiations to acquire BIMR, negotiations that came to fruition in on 22 December 2010 when the bank became Bank of Africa Red Sea (BOA-Red Sea). Bank of Africa (Red Sea) Bank of Africa (BOA Red Sea) is the second largest bank in Djibouti and is part of Mali based Bank of Africa Group. Bank of Africa Group acquired Djibouti based Banque Indosuez Mer Rouge in 2010. BOA Red Sea operates seven branches in Djibouti and a representative office in Addis Ababa. The firm traces its presence in