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GOODWILL - Cash-generating units - Impairment test assumptions (Details) | Dec. 31, 2023 | Dec. 31, 2022
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Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. |  |
Disclosure of information for cash-generating units [line items] |  |
Growth rate used to extrapolate cash flow projections | 3.10% |
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Not later than one year [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Interest rate on investments | 8.30% | 7.70%
Borrowing rate | 5.80% | 5.80%
Growth in income from commissions | 0.80% | (6.40%)
Growth in expenses | 7.70% | (5.30%)
Inflation | 5.80% | 7.40%
Discount interest rate after taxes | 14.20% | 14.40%
Growth rate used to extrapolate cash flow projections | 3.10% | 2.90%
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Later than one year and not later than two years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Interest rate on investments | 6.40% | 4.50%
Borrowing rate | 5.80% | 5.80%
Growth in income from commissions | 48.50% | 55.60%
Growth in expenses | 12.40% | 11.40%
Inflation | 3.50% | 2.70%
Discount interest rate after taxes | 11.50% | 9.50%
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Later than two years and not later than three years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Interest rate on investments | 6.20% | 4.90%
Borrowing rate | 5.80% | 5.80%
Growth in income from commissions | 3.30% | 2.50%
Growth in expenses | 7.10% | 7.20%
Inflation | 3.20% | 2.90%
Discount interest rate after taxes | 10.20% | 9.00%
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Later than three years and not later than four years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Interest rate on investments | 6.10% | 4.90%
Borrowing rate | 5.80% | 5.80%
Growth in income from commissions | 4.90% | 2.30%
Growth in expenses | 5.40% | 4.90%
Inflation | 3.10% | 2.90%
Discount interest rate after taxes | 9.10% | 8.20%
Sociedad Administradora de Fondos de Pensiones y Cesantias Porvenir S.A. | Later than four years and not later than five years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Interest rate on investments | 6.00% | 4.90%
Borrowing rate | 5.80% | 5.80%
Growth in income from commissions | 6.10% | 4.60%
Growth in expenses | 5.00% | 4.50%
Inflation | 3.10% | 2.90%
Discount interest rate after taxes | 9.10% | 8.10%
Banco de Bogota S.A. over Megabanco |  |
Disclosure of information for cash-generating units [line items] |  |
Growth rate used to extrapolate cash flow projections | 6.50% |
Banco de Bogota S.A. over Megabanco | Not later than one year [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 12.10% | 12.30%
Borrowing rate | 7.10% | 6.90%
Growth in income from commissions | 16.00% | 15.40%
Growth in expenses | 11.70% | 14.60%
Inflation | 5.80% | 7.40%
Discount interest rate after taxes | 16.50% | 17.60%
Growth rate used to extrapolate cash flow projections | 6.50% | 6.40%
Banco de Bogota S.A. over Megabanco | Later than one year and not later than two years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.80% | 11.20%
Borrowing rate | 5.50% | 5.40%
Growth in income from commissions | 14.70% | 10.80%
Growth in expenses | 8.30% | 8.20%
Inflation | 3.50% | 2.70%
Discount interest rate after taxes | 13.70% | 12.60%
Banco de Bogota S.A. over Megabanco | Later than two years and not later than three years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.20% | 10.50%
Borrowing rate | 4.90% | 4.60%
Growth in income from commissions | 14.10% | 14.90%
Growth in expenses | 7.90% | 8.20%
Inflation | 3.20% | 2.90%
Discount interest rate after taxes | 12.40% | 11.80%
Banco de Bogota S.A. over Megabanco | Later than three years and not later than four years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.00% | 10.40%
Borrowing rate | 4.70% | 4.50%
Growth in income from commissions | 11.30% | 15.30%
Growth in expenses | 6.20% | 8.20%
Inflation | 3.10% | 2.90%
Discount interest rate after taxes | 11.30% | 10.90%
Banco de Bogota S.A. over Megabanco | Later than four years and not later than five years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 9.80% | 10.20%
Borrowing rate | 4.50% | 4.50%
Growth in income from commissions | 11.20% | 15.30%
Growth in expenses | 5.60% | 8.20%
Inflation | 3.10% | 2.90%
Discount interest rate after taxes | 11.60% | 10.70%
Banco Popular S.A. |  |
Disclosure of information for cash-generating units [line items] |  |
Growth rate used to extrapolate cash flow projections | 6.00% |
Banco Popular S.A. | Not later than one year [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 12.50% | 12.90%
Borrowing rate | 8.20% | 9.20%
Growth in income from commissions | 6.80% | 6.10%
Growth in expenses | 8.30% | 13.20%
Inflation | 7.20% | 7.40%
Discount interest rate after taxes | 17.30% | 17.60%
Growth rate used to extrapolate cash flow projections | 6.00% | 6.40%
Banco Popular S.A. | Later than one year and not later than two years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 12.30% | 12.60%
Borrowing rate | 6.10% | 7.40%
Growth in income from commissions | 3.40% | 11.40%
Growth in expenses | (13.20%) | 6.60%
Inflation | 3.80% | 2.70%
Discount interest rate after taxes | 13.60% | 12.60%
Banco Popular S.A. | Later than two years and not later than three years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 12.00% | 10.90%
Borrowing rate | 5.20% | 5.80%
Growth in income from commissions | 16.50% | 16.70%
Growth in expenses | 1.50% | 7.50%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 12.00% | 11.80%
Banco Popular S.A. | Later than three years and not later than four years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 11.60% | 10.90%
Borrowing rate | 4.70% | 5.20%
Growth in income from commissions | 6.80% | 11.30%
Growth in expenses | 7.70% | 7.60%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 11.40% | 10.90%
Banco Popular S.A. | Later than four years and not later than five years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.90% | 10.90%
Borrowing rate | 4.10% | 4.80%
Growth in income from commissions | 6.50% | 8.40%
Growth in expenses | 7.50% | 6.80%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 11.60% | 10.70%
Banco de Bogota S.A. |  |
Disclosure of information for cash-generating units [line items] |  |
Growth rate used to extrapolate cash flow projections | 6.00% |
Banco de Bogota S.A. | Not later than one year [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 12.90% | 12.90%
Borrowing rate | 7.20% | 6.90%
Growth in income from commissions | (3.40%) | 16.70%
Growth in expenses | 9.50% | 15.90%
Inflation | 7.20% | 7.40%
Discount interest rate after taxes | 17.30% | 17.60%
Growth rate used to extrapolate cash flow projections | 6.00% | 6.40%
Banco de Bogota S.A. | Later than one year and not later than two years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 11.20% | 11.70%
Borrowing rate | 5.60% | 5.30%
Growth in income from commissions | 14.20% | 11.50%
Growth in expenses | 8.70% | 9.80%
Inflation | 3.80% | 2.70%
Discount interest rate after taxes | 13.60% | 12.60%
Banco de Bogota S.A. | Later than two years and not later than three years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.50% | 11.00%
Borrowing rate | 4.90% | 4.60%
Growth in income from commissions | 14.30% | 13.80%
Growth in expenses | 8.40% | 9.80%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 12.10% | 11.80%
Banco de Bogota S.A. | Later than three years and not later than four years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.30% | 10.80%
Borrowing rate | 4.70% | 4.60%
Growth in income from commissions | 11.70% | 14.40%
Growth in expenses | 6.90% | 9.70%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 11.40% | 10.90%
Banco de Bogota S.A. | Later than four years and not later than five years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 10.10% | 10.60%
Borrowing rate | 4.60% | 4.50%
Growth in income from commissions | 11.00% | 13.70%
Growth in expenses | 5.10% | 6.00%
Inflation | 3.00% | 2.90%
Discount interest rate after taxes | 11.70% | 10.70%
Multi Financial Group Inc [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Growth rate used to extrapolate cash flow projections | 5.60% |
Multi Financial Group Inc [member] | Not later than one year [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 6.90% | 6.40%
Borrowing rate | 4.80% | 4.00%
Growth in income from commissions | (22.00%) | 9.40%
Growth in expenses | (1.60%) | 4.50%
Discount interest rate after taxes | 11.30% | 10.60%
Growth rate used to extrapolate cash flow projections | 5.60% | 4.00%
Multi Financial Group Inc [member] | Later than one year and not later than two years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 6.90% | 6.60%
Borrowing rate | 4.40% | 4.00%
Growth in income from commissions | 8.60% | 7.20%
Growth in expenses | 2.10% | 3.00%
Multi Financial Group Inc [member] | Later than two years and not later than three years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 6.90% | 6.80%
Borrowing rate | 4.30% | 4.00%
Growth in income from commissions | 12.60% | 8.90%
Growth in expenses | 1.40% | 2.80%
Multi Financial Group Inc [member] | Later than three years and not later than four years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 6.90% | 6.90%
Borrowing rate | 4.20% | 4.10%
Growth in income from commissions | 11.70% | 9.40%
Growth in expenses | 2.60% | 1.90%
Multi Financial Group Inc [member] | Later than four years and not later than five years [member] |  |
Disclosure of information for cash-generating units [line items] |  |
Lending rate on the loan portfolio and investments | 6.90% | 7.00%
Borrowing rate | 4.20% | 4.10%
Growth in income from commissions | 11.90% | 8.70%
Growth in expenses | 3.00% | 3.10%

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