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INCOME TAX - Reconciliation between total expenses of income tax and tax expense (Details) - COP ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Disclosure of income tax [Line Items]      
Profit before income tax $ 7,451,711 $ 7,334,141 $ 4,915,227
Enacted tax rate in Colombia 33.00% 37.00% 40.00%
Theoretical income tax expense $ 2,459,065 $ 2,713,632 $ 1,966,091
Non deductible expenses 484,615 373,918 387,933
Tax losses considered non recoverable for income tax purpose 54,698 100,249 96,266
Presumptive income considered non recoverable for income tax purpose 7,071 33,296 7,991
Wealth tax     40,762
Nontaxable dividends (24,172) (23,457) (19,587)
Nontaxable income under equity method in associates (69,399) (39,901) (68,026)
Profit (loss) in sales or appraisal of investment (1,167) (2,148) (16,584)
Nontaxable interest income and other income (19,088) (212,992) (137,312)
Other nontaxable income (339,253) (167,091) (155,010)
Revenues taxable by different tax rate (5,851) 15,378 (658)
Difference from expenses deductibles at different tax rate   (11,060) (11,822)
Tax benefits in the acquisition of property and equipment (42,375) (22,715) (20,585)
Tax discounts (80,742)    
Profits (losses) in Subsidiaries in tax free countries or with different tax rate (116,155) (168,117) (200,661)
Effect on the deferred income tax due to changes in tax rates (129,172) (308,534) (38,574)
Prior years adjustments (16,931) (74,230) (117,568)
Adjustments due to uncertain tax positions in previous year (22,113) 24,277 (7,367)
Deferred taxes - Prior years adjustments (86,473)    
Other 33,699 (80,915) 47,505
Total tax expense $ 2,086,257 $ 2,149,590 $ 1,752,794
Effective income tax rate 28.00% 29.31% 35.66%
Deferred tax rate, current 30.00%    
Deferred tax rate, previous 33.00%    
Corporacion Financiera Colombiana S.A.      
Disclosure of income tax [Line Items]      
Effect on the deferred income tax due to changes in tax rates   $ (233,865)  
Banco de Bogota S.A.      
Disclosure of income tax [Line Items]      
Tax Discount $ 47,155    
Effect on the deferred income tax due to changes in tax rates   (59,054)  
Banco de Occidente S.A.      
Disclosure of income tax [Line Items]      
Tax Discount 7,068    
Effect on the deferred income tax due to changes in tax rates   (8,408)  
Banco Commercial Av Villas S A      
Disclosure of income tax [Line Items]      
Effect on the deferred income tax due to changes in tax rates   (6,934)  
Banco Popular S.A.      
Disclosure of income tax [Line Items]      
Tax Discount 6,257    
Effect on the deferred income tax due to changes in tax rates   $ (362)  
Banco AV Villas      
Disclosure of income tax [Line Items]      
Tax Discount 10,444    
Corficolombiana      
Disclosure of income tax [Line Items]      
Tax Discount 8,498    
Grupo Aval Holding      
Disclosure of income tax [Line Items]      
Tax Discount $ 1,230