Philippine National Bank (PNB) is advancing its sustainability and digital transformation goals through a partnership with Green GSM, the country’s all-electric ride-hailing service.
The collaboration provides financial support and digital operational infrastructure, helping Green GSM scale its eco-friendly transport network.
PNB also implemented a digitally enabled payroll solution that reduced driver account onboarding from nine days to two, streamlining operations.
Since December 2025, PNB has extended P2 billion in credit facilities to support Green GSM’s vehicle acquisition and working capital needs.
The partnership reinforces both companies’ commitment to sustainable mobility and technology-driven banking solutions for the transport sector.
Source: PhilNews24 | May 31, 2026
PNB EXTENDS BACKING TO GREEN GSM’S OPERATIONS
You might be interested in
Latest from Business
Globe Telecom Inc. is borrowing ₱10 billion from state-run Land Bank of the Philippines to support
Only 3 percent of adult Filipinos own credit cards, placing the Philippines among the lowest in
The Social Security System (SSS) is setting aside ₱40 billion for a planned solar panel loan
The Department of Agriculture is considering raising tariffs on imported semi-milled and wholly milled rice from
Meta has removed a feature from its newly launched Muse Image AI tool after criticism that