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EMPLOYEE BENEFITS (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of defined benefit plans [abstract]  
Disclosure of Defined Benefits Plans Explanatory [Text Block]

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December 31, 2021

    

December 31, 2020

Short term

 

Ps.

552,889

  

Ps.

462,070

Post-employment

 

  

522,196

  

​

597,936

Long term

 

  

134,831

  

​

180,090

Total

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Ps.

1,209,916

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Ps.

1,240,096

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Plan Asset

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Ps.

(46,840)

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Ps.

(38,241)

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Net employee benefits

 

Ps.

1,163,076

  

Ps.

1,201,855

Deferred Compensation Arrangement with Individual Disclosure, Postretirement Benefits [Table Text Block]

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December 31, 2021

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December 31, 2020

Defined contribution plan

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Ps.

77,257

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Ps.

83,549

Defined benefit plan

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48,857

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37,917

Disclosure of net defined benefit liability (asset) [text block]

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Post-employment benefits

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Long-term benefits

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December

    

December

    

December

    

December

    

December

    

December

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31, 2021

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31, 2020

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31, 2019

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31, 2021

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31, 2020

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31, 2019

Balance at the beginning of the year

 

Ps.

597,936

 

Ps.

590,914

 

Ps.

541,226

 

Ps.

180,090

 

Ps.

186,333

 

Ps.

242,335

Business combination (1)

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—

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13,632

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—

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—

 

  

—

 

  

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Service costs

 

  

15,606

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6,410

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14,567

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18,454

 

  

17,915

 

  

22,860

Interests cost

 

  

33,251

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32,745

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37,138

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7,982

 

  

8,563

 

  

14,252

Gain on settlements

 

  

—

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(1,238)

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Past Service Costs (2)

 

  

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1,018

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(28,009)

 

  

(15,659)

 

  

(49,400)

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Ps.

646,793

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Ps.

642,463

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Ps.

593,949

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Ps.

178,517

 

Ps.

197,152

 

Ps.

230,047

Changes in actuarial assumptions from changes in demographic assumptions

 

  

7,142

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—

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7,407

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(1,493)

 

  

—

 

  

—

Changes in actuarial assumptions from changes in financial assumptions

 

  

(67,646)

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7,835

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54,674

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(21,462)

 

  

11,449

 

  

(13,008)

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Ps.

(60,504)

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Ps.

7,835

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Ps.

62,081

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Ps.

(22,955)

 

Ps.

11,449

 

Ps.

(13,008)

Payments to employees

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(79,776)

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(63,515)

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(63,580)

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(20,731)

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(28,511)

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(30,706)

Effect of movements in exchange rates

 

  

15,683

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11,153

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(1,536)

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—

 

  

—

 

  

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Liability balance at the end of the year

 

Ps.

522,196

 

Ps.

597,936

 

Ps.

590,914

 

Ps.

134,831

 

Ps.

180,090

 

Ps.

186,333

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Plan Assets

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Balance at the beginning of the year plan assets

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(38,241)

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(22,756)

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—

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Business combination (1)

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(13,632)

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Recognition of the active plan

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—

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(840)

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(21,474)

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Interests income

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(1,320)

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(863)

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(318)

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—

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Remeasurements on plan assets

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(1,161)

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1,651

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(859)

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—

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—

Effect of movements in exchange rates

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(6,118)

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(1,801)

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(105)

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—

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—

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—

Balance at the end of the year plan assets

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Ps.

(46,840)

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Ps.

(38,241)

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Ps.

(22,756)

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Ps.

—

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Ps.

—

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Ps.

—

Net Balance at the end of the year

 

Ps.

475,356

 

Ps.

559,695

 

Ps.

568,158

 

Ps.

134,831

 

Ps.

180,090

 

Ps.

186,333

(1)Includes recognition of the business combination on Multi Financial Group, Inc., (see note 35).
(2)The variation includes the effect of a change in a long-term institutional benefit plan for the year 2021 at Banco de Occidente and Fiduciaria de Occidente, for the year 2020 at Porvenir and Fiduciaria Bogota  and for the year 2019 at Banco de Bogotá, which went from being a defined benefit plan to a defined contribution plan, through which the bank makes monthly contributions into a fund created for each employee.
Disclosure of Detail Information of Variables Used to Calculate Obligation [Text Block]

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December 31, 

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December 31, 

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Post-employment benefits *

    

2021

    

2020

 

Discount interest rate

 

7.15

%  

5.78

%

Inflation rate

 

2.91

%  

2.94

%

Salary growth rate

 

3.06

%  

3.25

%

Pension growth rate

 

3.03

%  

3.03

%

* Entities in Colombia and subsidiaries abroad participate.​

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December 31, 

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December 31, 

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Long-term benefits *

    

2021

    

2020

 

Discount interest rate

 

7.20

%  

4.78

%

Inflation rate

 

3.00

%  

3.00

%

Salary growth rate

 

3.40

%  

4.00

%

* Only entities from Colombia participate.​

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Disclosure of sensitivity analysis for actuarial assumptions [text block]

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-0.50 basic points

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+0.50 basic points

At December 31, 2021

    

Post-employment
 benefits

    

Long-term
 benefits

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Post-employment
 benefits

    

Long-term
 benefits

Discount interest rate

 

Ps.

17,436

 

Ps.

3,258

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Ps.

(16,970)

    

Ps.

(3,073)

Salaries growth rate

 

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(5,898)

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(3,752)

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5,513

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3,946

Retirement growth rate

 

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(13,832)

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N/A

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13,967

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N/A

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-0.50 basic points

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+0.50 basic points

At December 31, 2020

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Post-employment
 benefits

    

Long-term
 benefits

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Post-Employment
Benefits

    

Long-Term 
Benefits

Discount interest rate

    

Ps.

23,540

 

Ps.

5,068

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Ps.

(22,724)

    

Ps.

(4,787)

Salaries growth rate

 

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(5,286)

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(5,444)

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5,596

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5,718

Retirement growth rate

 

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(15,429)

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N/A

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16,475

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N/A

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Disclosure of information about maturity profile of defined benefit obligation [text block]

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Payments for post-

    

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Payments for long-

Year

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Employment benefits

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term benefits 

2022

 

Ps.

70,504

 

Ps.

20,986

2023

 

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62,396

 

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19,604

2024

 

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61,762

 

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24,039

2025

 

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62,107

 

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23,745

2026

 

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63,917

 

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19,247

Years 2027 – 2031

 

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325,705

 

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97,157