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RELATED PARTY TRANSACTIONS - Summary (Details) - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Stockholders with an interest equal or higher than 20% of the Bank's capital      
Assets      
Financial assets investments $ 1,232 $ 6,050 $ 5,711
Derivative financial instruments 1,283 48,747 191
Loans and advances to customers 2,562,324 1,850,407 947,150
Allowance for loans, advances and lease losses (2,759) (1,455) (9,746)
Other assets 17,685 17,951 17,520
Total assets 2,579,765 1,921,700 960,826
Liabilities      
Deposits by customers 1,522,278 1,434,117 1,364,663
Derivative financial instruments 53,051 14 23
Other liabilities 20,044 23,070 26,803
Total liabilities 1,595,373 1,457,201 1,391,489
Income      
Interest on loans and financial leases 268,820 157,451 74,896
Valuation on financial instruments 145 97  
Fees and commissions income 750,416 744,000 929,721
Dividends and net income on equity investments 75 213 30
Derivatives Foreign exchange contracts (68,910) 63,060 (10,158)
Other operating income 43,476 48,531 50,816
Net income 994,022 1,013,352 1,045,305
Expenses      
Interests expenses 136,562 181,085 112,403
Credit impairment charges, net 1,566 (8,307) 10,171
Fees and commissions expenses 477 590 19
Employee benefits 105,604 89,199 76,455
Other administrative and general expenses 130,571 159,184 161,367
Total expenses 374,780 421,751 360,415
Stockholders with an interest equal or higher than 20% of the Bank's capital | Previously reported      
Assets      
Other assets     54,842
Liabilities      
Other liabilities     163,385
Directors and senior management      
Assets      
Derivative financial instruments 729   5
Loans and advances to customers 23,973 22,437 28,935
Allowance for loans, advances and lease losses (19) (50) (49)
Other assets 16 18 41
Total assets 24,699 22,405 28,932
Liabilities      
Deposits by customers 16,807 16,312 14,433
Derivative financial instruments 183 209  
Other liabilities 91 59 56
Total liabilities 17,081 16,580 14,489
Income      
Interest on loans and financial leases 1,834 1,783 1,249
Fees and commissions income 159 98 100
Derivatives Foreign exchange contracts 1,442 (218) 984
Other operating income 70 9 28
Net income 3,505 1,672 2,361
Expenses      
Interests expenses 876 1,038 301
Credit impairment charges, net (29) 4 50
Employee benefits 131 93 117
Other administrative and general expenses 2,711 2,492 2,056
Total expenses 3,689 3,627 2,524
Associates and joint ventures      
Assets      
Financial assets investments 49,643 54,001 51,991
Derivative financial instruments 53 7,297 8
Loans and advances to customers 294,674 271,676 342,896
Allowance for loans, advances and lease losses (2,453) (760) (3,470)
Investments in associates and joint ventures 2,928,984 2,997,603 2,915,633
Other assets 332,811 271,263 209,350
Total assets 3,603,712 3,601,080 3,516,408
Liabilities      
Deposits by customers 242,996 141,853 161,708
Derivative financial instruments 10,116 1,068 27,571
Other liabilities 73,838 70,387 54,017
Total liabilities 326,950 213,308 243,296
Income      
Interest on loans and financial leases 27,177 27,925 21,715
Valuation on financial instruments 9,504 11,998 994
Fees and commissions income 18,004 14,647 20,574
Dividends and net income on equity investments 30,202 109,563 224,602
Derivatives Foreign exchange contracts (6,797) 27,174 (30,484)
Other operating income 47,629 9,806 99,855
Net income 125,719 201,113 337,256
Expenses      
Interests expenses 9,066 8,261 8,483
Credit impairment charges, net 2,742 (1,193) (550)
Fees and commissions expenses 186,384 152,563 180,951
Other administrative and general expenses 77,086 23,644 30,792
Total expenses $ 275,278 $ 183,275 $ 219,676