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OPERATING INCOME - Interest expenses (Details) - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING INCOME      
Deposits $ 6,141,680 $ 2,814,505 $ 4,084,192
Debt instruments in issue 1,328,511 1,053,441 1,053,989
Borrowing costs 763,717 293,949 527,825
Lease liabilities 111,349 111,556 118,600
Preferred shares 57,701 57,701 57,701
Borrowings from other financial institutions 11,375 3,870 5,838
Other interest 28,137 16,534 14,863
Interest expenses $ 8,442,470 $ 4,351,556 $ 5,863,008
Intervention rate issued by Banco de la Republica 12.00% 3.00% 1.75%
Net interest income $ 16,929,815 $ 11,304,222 $ 10,578,422