Green GSM Philippines and the Philippine National Bank (PNB) have announced a strategic partnership in financial and digital banking services to support the operations and expansion of Green GSM’s all-electric ride-hailing ecosystem in the Philippines.

The agreement marks the next step in Green GSM’s strategy to develop the infrastructure supporting its electric mobility model, as the company continues to expand across major urban areas and gradually builds a sustainable long-term operating ecosystem in the country. Under the partnership, PNB provided a PHP 2 billion credit facility to support Green GSM’s operational expansion and fleet growth in the Philippines. The facility will also support Green GSM’s fleet expansion and operating capacity in the country.

Alongside the credit facility, the two parties also implemented digital account management and payment systems for Green GSM’s driver network. Through PNB’s corporate banking platform and digitized onboarding processes, account opening and activation times are significantly reduced, helping Green GSM strengthen operational management as it expands its driver network.

In the Philippines, Green GSM is building a mobility model through the integration of technology, an all-electric fleet, and standardized operating systems. Following its strategic partnership with Xentro Group in 2025 and the launch of the Green Xentro fleet in Rizal earlier this year, the company continues to expand its presence through long-term collaborations with local partners and domestic financial institutions.

“We appreciate Green GSM’s long-term development direction in the Philippines, not only in advancing low-emission mobility, but also in the way the company is building an operating model with scalability and clear governance foundations,” said Edwin R. Bautista, president and CEO of PNB.

Meanwhile, Le Thi Thu Trang, CEO of Green GSM Philippines, said that developing an all-electric mobility is not just about expanding the fleet, but also having an operating system that is stable and sustainable.

“For Green GSM, developing an all-electric mobility model is not only about expanding the fleet, but also about building an operating system that is stable, standardized, and capable of sustainable long-term growth. Our partnership with PNB will help strengthen the financial and operational foundations needed to enhance service quality and support Green GSM’s continued expansion in the Philippines,” shared Trang.

The partnership with PNB further reinforces Green GSM’s long-term direction in the Philippines, where the company continues to strengthen its operating foundations, service standards, and driver support systems in order to maintain service quality as operations scale further.