PNB EXTENDS BACKING TO GREEN GSM’S OPERATIONS

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

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