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Hedge accounting - Summary of detailed information about hedging instruments (Details) - BRL (R$) R$ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021
Disclosure of detailed information about hedged items [line items] |  |  |
Notional value | R$ 20,967,989 | R$ 18,563,230 | R$ 9,738,021
Variation in the amounts used to calculate hedge ineffectiveness | 34,603 | 17,252 | (18,758)
Hedge of net investment in foreign operations |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 450,853 | 395,594 | 310,069
Liabilities | 0 | 0 | 0
Variation in value recognized in Other comprehensive income | (34,603) | (17,281) | 19,474
Notional value | 446,442 | 414,043 | 440,022
Variation in the amounts used to calculate hedge ineffectiveness | 41,235 | 18,480 | (18,758)
Fair value hedge |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Notional value | 20,082,782 | 17,887,369 | 9,297,999
Cash flow hedges |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Notional value | 438,765 | 261,818 | 0
Foreign exchange risk | Hedge of net investment in foreign operations |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 450,853 | 395,594 | 310,069
Liabilities | 0 | 0 | 0
Variation in value recognized in Other comprehensive income | (34,603) | (17,281) | 19,474
Notional value | 446,442 | 414,043 | 440,022
Variation in the amounts used to calculate hedge ineffectiveness | 41,235 | 18,480 | R$ (18,758)
Foreign exchange risk | Fair value hedge | Futures contract [member] |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 450,853 | 395,594 |
Liabilities | 239,472 | 319,715 |
Notional value | 670,007 | 697,227 |
Variation in the amounts used to calculate hedge ineffectiveness | 26,171 | (23,903) |
Hedge ineffectiveness recognized in income | 1,449 | (2,825) |
Interest rate and foreign exchange risk | Fair value hedge |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 3,589,909 |
Liabilities | 20,135,697 | 14,538,258 |
Notional value | 20,082,782 | 17,887,369 |
Variation in value recognized in income | (684,961) | 887,138 |
Variation in the amounts used to calculate hedge ineffectiveness | 659,971 | (932,486) |
Interest rate and foreign exchange risk | Fair value hedge | Structured notes |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 0 |
Liabilities | 16,593,439 | 10,648,559 |
Notional value | 16,702,984 | 10,663,672 |
Variation in value recognized in income | (816,142) | 726,798 |
Variation in the amounts used to calculate hedge ineffectiveness | 849,160 | (734,656) |
Interest rate and foreign exchange risk | Fair value hedge | Issued bonds |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 0 |
Liabilities | 3,542,258 | 3,889,699 |
Notional value | 3,379,798 | 3,646,613 |
Variation in value recognized in income | 131,181 | 323,881 |
Variation in the amounts used to calculate hedge ineffectiveness | (189,189) | (362,994) |
Interest rate and foreign exchange risk | Fair value hedge | Fixed income bonds |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets |  | 3,589,909 |
Liabilities |  | 0 |
Notional value |  | 3,577,084 |
Variation in value recognized in income |  | (163,541) |
Variation in the amounts used to calculate hedge ineffectiveness |  | 165,164 |
Market price risk | Cash flow hedges |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 0 |
Liabilities | 414,315 | 262,756 |
Variation in value recognized in Other comprehensive income | (59,517) | 346,900 |
Notional value | 438,765 | 261,818 |
Variation in the amounts used to calculate hedge ineffectiveness | 70,906 | (348,248) |
Market price risk | Cash flow hedges | Long term incentive plan taxes [Member] |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 0 |
Liabilities | 414,315 | 262,756 |
Variation in value recognized in Other comprehensive income | (59,517) | 346,900 |
Notional value | 438,765 | 261,818 |
Variation in the amounts used to calculate hedge ineffectiveness | 70,906 | (348,248) |
Market price risk | Cash flow hedges | Swap contract [member] |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 0 |
Liabilities | 414,315 | 262,756 |
Notional value | 438,765 | 261,818 |
Variation in the amounts used to calculate hedge ineffectiveness | 70,906 | (348,248) |
Hedge ineffectiveness recognized in income | 11,389 | (1,348) |
Interest rate risk | Fair value hedge | Futures contract [member] |  |  |
Disclosure of detailed information about hedged items [line items] |  |  |
Assets | 0 | 3,589,909 |
Liabilities | 19,896,226 | 14,218,543 |
Notional value | 19,859,217 | 17,604,185 |
Variation in the amounts used to calculate hedge ineffectiveness | 675,035 | (890,103) |
Hedge ineffectiveness recognized in income | R$ (19,807) | R$ (41,295) |

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- Definition The gain (loss) on the change in fair value of the hedged item used as a basis for recognising hedge ineffectiveness. Hedge ineffectiveness is the extent to which the changes in the fair value or the cash flows of the hedging instrument are greater or less than those on the hedged item. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 24B -Subparagraph a -Clause iv -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_24B_a_iv&doctype=Standard -URIDate 2023-03-23 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 24B -Subparagraph b -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_24B_b_i&doctype=Standard -URIDate 2023-03-23 + Details
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