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EMPLOYEE BENEFITS (Tables) | 12 Months Ended
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Dec. 31, 2023
Disclosure of defined benefit plans [abstract] |
Schedule of balance of liabilities for employee benefits | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2023 |  | December 31, 2022
Short term |  | Ps. | 385,296 |  | Ps. | 425,523
Post-employment |  |  | 380,207 |  | ​ | 349,587
Long term |  |  | 159,329 |  | ​ | 133,085
Total | ​ | Ps. | 924,832 | ​ | Ps. | 908,195
​ | ​ | ​ | ​ | ​ | ​ | ​
Plan Asset | ​ | Ps. | (17,024) | ​ | Ps. | (18,176)
Net employee benefits |  | Ps. | 907,808 |  | Ps. | 890,019
Schedule of post-employment benefit expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2023 | ​ | December 31, 2022
Defined contribution plan | ​ | Ps. | 108,059 | ​ | Ps. | 101,862
Defined benefit plan | ​ | ​ | 44,426 | ​ | ​ | 34,623
Total | ​ | Ps. | 152,485 | ​ | Ps. | 136,485
Schedule of post-employment and long-term benefits movements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Post-employment benefits | ​ | Long-term benefits
​ |  | December |  | December |  | December |  | December |  | December |  | December
​ | ​ | 31, 2023 | ​ | 31, 2022 | ​ | 31, 2021 | ​ | 31, 2023 | ​ | 31, 2022 | ​ | 31, 2021
Balance at the beginning of the year |  | Ps. | 349,587 |  | Ps. | 522,196 |  | Ps. | 597,936 |  | Ps. | 133,085 |  | Ps. | 134,831 |  | Ps. | 180,090
Service costs |  |  | 2,690 | ​ | ​ | 3,845 | ​ | ​ | 2,749 | ​ | ​ | 14,765 |  |  | 14,815 |  |  | 18,454
Interests cost |  |  | 41,736 | ​ | ​ | 30,778 | ​ | ​ | 30,705 | ​ | ​ | 16,699 |  |  | 8,949 |  |  | 7,982
Gain on settlements |  |  | — | ​ | ​ | — | ​ | ​ | 278 | ​ | ​ | — |  |  | — |  |  | —
Past Service Costs (1) |  |  | (2,079) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10,063 |  |  | — |  |  | (28,009)
​ |  | Ps. | 391,934 | ​ | Ps. | 556,819 | ​ | Ps. | 631,668 | ​ | Ps. | 174,612 |  | Ps. | 158,595 |  | Ps. | 178,517
Changes in actuarial assumptions from changes in demographic assumptions |  |  | (753) | ​ | ​ | — | ​ | ​ | (15) | ​ | ​ | (7,342) |  |  | — |  |  | (86)
Changes in actuarial assumptions from changes in financial assumptions |  | ​ | 26,832 | ​ | ​ | (69,967) | ​ | ​ | (54,996) | ​ | ​ | 473 |  |  | (14,149) |  |  | (19,976)
Changes in actuarial assumptions from changes in the experience | ​ | ​ | 27,472 | ​ | ​ | 2,167 | ​ | ​ | (21,264) | ​ | ​ | 17,313 | ​ | ​ | 10,456 | ​ | ​ | (2,893)
​ |  | Ps. | 53,551 | ​ | Ps. | (67,800) | ​ | Ps. | (76,275) | ​ | Ps. | 10,444 |  | Ps. | (3,693) |  | Ps. | (22,955)
Payments to employees | ​ | ​ | (61,589) | ​ | ​ | (51,306) | ​ | ​ | (51,591) | ​ | ​ | (25,727) | ​ | ​ | (21,817) | ​ | ​ | (20,731)
Liquidation of entities | ​ | ​ | — | ​ | ​ | (432) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Reclassification BAC (2)(3) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,002) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Loss of control in subsidiary (2) | ​ | ​ | — | ​ | ​ | (98,024) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Discontinued operations (2) | ​ | ​ | — | ​ | ​ | 6,251 | ​ | ​ | 15,125 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Effect of movements in exchange rates |  |  | (3,689) | ​ | ​ | 4,079 | ​ | ​ | 4,271 | ​ | ​ | — |  |  | — |  |  | —
Liability balance at the end of the year |  | Ps. | 380,207 |  | Ps. | 349,587 |  | Ps. | 522,196 |  | Ps. | 159,329 |  | Ps. | 133,085 |  | Ps. | 134,831
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Plan Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Balance at the beginning of the year plan assets | ​ | Ps. | (18,176) | ​ | Ps. | (46,840) | ​ | Ps. | (38,241) | ​ | Ps. | — | ​ | Ps. | — | ​ | Ps. | —
Interests income | ​ | ​ | (794) | ​ | ​ | (427) | ​ | ​ | (522) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Remeasurements on plan assets | ​ | ​ | (1,788) | ​ | ​ | 5,885 | ​ | ​ | (1,676) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Reclassification BAC (2)(3) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (3,189) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Loss of control in subsidiary (2) | ​ | ​ | — | ​ | ​ | 27,269 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Discontinued operations (2) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (798) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Effect of movements in exchange rates | ​ | ​ | 3,734 | ​ | ​ | (4,063) | ​ | ​ | (2,414) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Balance at the end of the year plan assets | ​ | Ps. | (17,024) | ​ | Ps. | (18,176) | ​ | Ps. | (46,840) | ​ | Ps. | — | ​ | Ps. | — | ​ | Ps. | —
Net Balance at the end of the year |  | Ps. | 363,183 |  | Ps. | 331,411 |  | Ps. | 475,356 |  | Ps. | 159,329 |  | Ps. | 133,085 |  | Ps. | 134,831
(1) | For 2023, in post-employment, the variation includes of a change in the institutional retirement bonus plan for Banco de Occidente and in the long term includes the update of the convention for in a long-term institutional benefit plan at Banco de Bogotá. For 2021, includes the effect of a change in a long-term institutional benefit plan at Banco de Occidente and Fiduciaria de Occidente.
(2) | See note 1.1., "Discontinued operation of BAC Holding".
(3) | Correspond to reclassification for comparability of the movements of BAC Holding consider the deconsolidation of this entity during year 2022.
Schedule of assumptions used to calculate the obligation projected for different post-employment benefits employees | ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31, | ​
Post-employment benefits * |  | 2023 |  | 2022 |
Discount interest rate |  | 11.34 | % | 13.27 | %
Inflation rate |  | 2.96 | % | 3.00 | %
Salary growth rate |  | 3.80 | % | 3.58 | %
Pension growth rate |  | 3.00 | % | 3.00 | %
* Entities in Colombia and subsidiaries abroad participate.​ ​
​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, | ​ | December 31, | ​
Long-term benefits * |  | 2023 |  | 2022 |
Discount interest rate |  | 11.40 | % | 13.72 | %
Inflation rate |  | 3.00 | % | 3.00 | %
Salary growth rate |  | 4.27 | % | 4.00 | %
* Only entities from Colombia participate.​ ​
Schedule of sensitivity analysis for post-employment and long-term benefits liabilities due to defined benefits plans to different actuarial and financial variables | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | -0.50 basic points | ​ | +0.50 basic points
At December 31, 2023 |  | Post-employment benefits |  | Long-term benefits | ​ | Post-employment benefits |  | Long-term benefits
Discount interest rate |  | Ps. | 10,764 |  | Ps. | 3,050 | ​ | Ps. | (10,227) |  | Ps. | (2,919)
Salaries growth rate |  | ​ | (1,756) | ​ | ​ | (3,819) | ​ | ​ | 2,353 | ​ | ​ | 3,589
Retirement growth rate |  | ​ | (10,443) | ​ | ​ | N/A | ​ | ​ | 10,979 | ​ | ​ | N/A
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | -0.50 basic points | ​ | +0.50 basic points
At December 31, 2022 | ​ | Post-employment benefits |  | Long-term benefits | ​ | Post-employment benefits |  | Long-term benefits
Discount interest rate |  | Ps. | 8,242 |  | Ps. | 2,414 | ​ | Ps. | (7,920) |  | Ps. | (2,317)
Salaries growth rate |  | ​ | (1,621) | ​ | ​ | (2,991) | ​ | ​ | 1,671 | ​ | ​ | 3,101
Retirement growth rate |  | ​ | (7,191) | ​ | ​ | N/A | ​ | ​ | 3,589 | ​ | ​ | N/A
​
Schedule of future benefit payments projected, reflecting services | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | Payments for post- |  | ​ | Payments for long-
Year | ​ | ​ | employment | ​ | ​ | term benefits
2024 |  | Ps. | 57,922 |  | Ps. | 31,798
2025 |  | ​ | 58,572 |  | ​ | 27,668
2026 |  | ​ | 57,227 |  | ​ | 22,014
2027 |  | ​ | 54,944 |  | ​ | 22,121
2028 |  | ​ | 53,979 |  | ​ | 19,934
Years 2029 – 2033 |  | ​ | 243,179 |  | ​ | 79,389
Total | ​ | Ps. | 525,823 | ​ | Ps. | 202,924

X
- Definition Tabular disclosure of pension and other postretirement benefit arrangements with individual employees, which are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. + References No definition available. + Details
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- Definition The disclosure of defined benefits plans explanatory + References No definition available. + Details
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- Definition Disclosure of detailed information about variables used to calculate obligations. + References No definition available. + Details
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- Definition The disclosure of information about the maturity profile of a defined benefit obligation. This will include the weighted average duration of the defined benefit obligation and may include other information about the distribution of the timing of benefit payments, such as a maturity analysis of the benefit payments. [Refer: Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 147 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_147_c&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of a net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 140 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_140_a&doctype=Standard -URIDate 2023-03-23 + Details
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- Definition The disclosure of a sensitivity analysis for significant actuarial assumptions used to determine the present value of a defined benefit obligation. [Refer: Actuarial assumptions [member]; Defined benefit obligation, at present value] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 19 -IssueDate 2023-01-01 -Paragraph 145 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2023-en-r&anchor=para_145&doctype=Standard -URIDate 2023-03-23 + Details
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