An NIC bank branch.[Photo/businessdaily] NIC Bank is set to open four new branches at the Coast.

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The new branches will be in Malindi, Watamu, Kilifi and Diani.

The development comes at a time when banks are shutting down physical branches as digital banking goes more mainstream. 

According to Group Managing Director John Gachora, the move was informed by the bank’s need to increase its footprint across the country and boost growth by increasing its customer base.