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FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES - Carrying values of derivatives by type of risk (Details) - COP ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets $ 4,961,237 $ 2,454,005
Derivative financial liabilities (4,737,454) (1,961,109)
Forwards    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 1,579,471 736,163
Derivative financial liabilities (1,718,847) (630,605)
Swaps    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 3,260,459 1,669,513
Derivative financial liabilities (2,925,699) (1,269,295)
Options    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 121,307 48,329
Derivative financial liabilities (92,908) (61,209)
Carrying Amount    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 4,961,237 2,454,005
Derivative financial liabilities 4,737,454 1,961,109
Carrying Amount | Forwards    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 1,579,471 736,163
Derivative financial liabilities 1,718,847 630,605
Total derivative financial assets (liabilities) (139,376) 105,558
Carrying Amount | Forwards | Foreign exchange contracts    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 1,573,952 729,367
Derivative financial liabilities 1,711,644 605,537
Carrying Amount | Forwards | Equity contracts    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 5,519 6,796
Derivative financial liabilities 7,203 25,068
Carrying Amount | Swaps    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 3,260,459 1,669,513
Derivative financial liabilities 2,925,699 1,269,295
Total derivative financial assets (liabilities) 334,760 400,218
Carrying Amount | Swaps | Foreign exchange contracts    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 2,394,832 1,422,355
Derivative financial liabilities 1,917,397 960,838
Carrying Amount | Swaps | Interest rate contracts    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 865,627 247,158
Derivative financial liabilities 1,008,302 308,457
Carrying Amount | Options    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 121,307 48,329
Derivative financial liabilities 92,908 61,209
Total derivative financial assets (liabilities) 28,399 (12,880)
Carrying Amount | Options | Foreign exchange contracts    
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES    
Derivative financial assets 121,307 48,329
Derivative financial liabilities $ 92,908 $ 61,209