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FAIR VALUE OF ASSETS AND LIABILITIES - Carrying amount and fair value of assets and liabilities (Details) - COP ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Assets      
Derivative financial instruments $ 4,961,237 $ 2,454,005  
Investment property 3,994,058 3,132,220 $ 2,839,350
Investments in associates 1,532,156 1,358,368  
Total Assets 292,871,690 240,692,895  
Liabilities      
Deposits by customers 250,992,323 210,390,848  
Interbank deposits 902,132 886,405  
Repurchase agreements and other similar secured borrowing 189,052 763,325  
Derivative financial instruments 4,737,454 1,961,109  
Borrowings from other financial institutions 19,692,638 8,551,558  
Preferred shares 584,204 584,204  
Debt securities in issue 19,575,988 21,093,864  
Total Liabilities 296,673,791 244,231,313  
Amortized cost, net      
Assets      
Loans and advances to customers 254,444,099 204,459,001  
Fair value      
Assets      
Equity securities 573,855 480,153  
Fair value through profit or loss      
Assets      
Debt instruments 11,052,250 15,036,467  
Fair value through OCI      
Assets      
Debt instruments 7,977,675 7,245,451  
Amortized cost      
Assets      
Debt instruments 8,336,360 6,527,230  
Carrying Amount      
Assets      
Derivative financial instruments 4,961,237 2,454,005  
Liabilities      
Derivative financial instruments (4,737,454) (1,961,109)  
Recurring Fair Value      
Assets      
Debt instruments 19,029,925 22,281,918  
Derivative financial instruments 4,961,237 2,454,005  
Equity securities 573,855 480,153  
Investment property 3,994,058 3,132,220  
Investments in associates 1,532,156 1,358,368  
Total Assets 289,674,184 249,471,264  
Liabilities      
Deposits by customers 249,503,805 211,619,686  
Interbank deposits 902,132 886,405  
Repurchase agreements and other similar secured borrowing 189,052 763,325  
Derivative financial instruments 4,737,454 1,961,109  
Borrowings from other financial institutions 19,692,638 8,551,558  
Preferred shares 350,978 604,025  
Debt securities in issue 18,776,819 21,696,836  
Total Liabilities 294,152,878 246,082,944  
Recurring Fair Value | Amortized cost, net      
Assets      
Loans and advances to customers 251,336,077 213,262,329  
Recurring Fair Value | Fair value      
Assets      
Equity securities 573,855 480,153  
Recurring Fair Value | Fair value through profit or loss      
Assets      
Debt instruments 11,052,250 15,036,467  
Recurring Fair Value | Fair value through OCI      
Assets      
Debt instruments 7,977,675 7,245,451  
Recurring Fair Value | Amortized cost      
Assets      
Debt instruments $ 8,246,876 $ 6,502,271