PT Pollux Hotels Group (POLI) has completed the early repayment of a Rp100 billion (US$6 million) bank loan to state lender Bank Negara Indonesia (BNI), the company announced on Saturday, November 15, 2025.

POLI President Director, Handojo Koentoro Setyadi, said the accelerated settlement reflects the company’s commitment to prudent financial management and its optimism about Indonesia’s hospitality sector.

“We appreciate BNI’s support throughout the financing process. This early repayment is a strategic step to strengthen our financial position and accelerate the expansion of our hotel business in major cities,” Handojo said.

The credit facility was originally extended throughout 2024 to support the construction and expansion of Pollux Group’s hotel network. The loan had been allocated to several hotel development projects under Pollux Group, which has been focused on enhancing service quality and guest experience across its portfolio.

Pollux Hotels Group reported total assets exceeding Rp10 trillion in 2024, underscoring the company’s strong fundamentals in supporting its diversified business lines, including hospitality. With the repayment, the company said it reaffirms its position as a resilient national hotel developer and operator with long-term growth ambitions.

“Pollux Hotels Group remains committed to professional management,” Handojo said.

New hotels

As part of its expansion strategy, Pollux Hotels Group is preparing to open two new hotels in West Java by 2026. Both projects have reached around 85 percent completion, signaling ongoing progress in strengthening the company’s presence in the domestic hospitality market.

BNI’s support

BNI welcomed the early repayment and reaffirmed its commitment to financing Indonesia’s property and hospitality industries.

BNI Commercial Business Center Head, Agustri Wibowo, said the bank will continue channeling funds to the hotel, tourism, and health sectors, in line with government efforts to boost economic growth through high-multiplier industries.

“Hundreds of hotels and supporting infrastructure have already received financing from BNI as part of our commitment to strengthening a service-based economic ecosystem and improving community welfare,” Agustri said.