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HEDGE ACCOUNTING - Hedging operations (Details) $ in Thousands, $ in Millions | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2023 COP ($) | Dec. 31, 2022 COP ($) | Dec. 31, 2021 COP ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Net OCI account | $ (36,517) | $ (74,009) |  |  |
Foreign currency translation differences from unhedged foreign operations | (409,671) | 1,356,213 | $ (180,798) |  |
Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | $ 856,934 | $ 1,621,713
Amount of hedge by financial liabilities in foreign currency |  |  |  | (808,185) | (1,605,418)
Hedge amount in forward contracts |  |  |  |  | (281)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 407,149 | 1,204,663 |  |  |
Current amount hedging non-derivative instrument | (51,791) | (812,788) |  |  |
Current amount hedging derivative instrument | (230,847) | (230,847) |  |  |
Net OCI account | 124,511 | 161,028 |  |  |
Multi Financial Holding |  |  |  |  |
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Net OCI account | (8,457) |  |  |  |
Multi Financial Holding | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 405,867 | 394,372
Amount of hedge by financial liabilities in foreign currency |  |  |  | (390,000) | (390,000)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 6,974 | 400,810 |  |  |
Current amount hedging non-derivative instrument | 46,021 | (339,358) |  |  |
Current amount hedging derivative instrument | (435) | (435) |  |  |
Net OCI account | 52,560 | 61,017 |  |  |
Other subsidiaries and branches Banco de Bogota |  |  |  |  |
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Net OCI account | (19,154) | 104,761 |  |  |
Other subsidiaries and branches Banco de Bogota | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 152,882 | 131,923
Amount of hedge by financial liabilities in foreign currency |  |  |  | (120,000) | (120,000)
Hedge amount in forward contracts |  |  |  |  | (281)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 202,519 | 340,250 |  |  |
Current amount hedging non-derivative instrument | 115,107 | (3,470) |  |  |
Current amount hedging derivative instrument | (230,412) | (230,412) |  |  |
Net OCI account | 87,214 | 106,368 |  |  |
Occidental Bank Barbados Ltd. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 37,341 | 28,755
Amount of hedge by financial liabilities in foreign currency |  |  |  | (37,341) | (28,755)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 43,626 | 74,582 |  |  |
Current amount hedging non-derivative instrument | (43,626) | (74,582) |  |  |
Banco de Occidente Panama. S.A. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 58,877 | 35,151
Amount of hedge by financial liabilities in foreign currency |  |  |  | (58,877) | (35,151)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 57,337 | 99,428 |  |  |
Current amount hedging non-derivative instrument | (57,337) | (99,428) |  |  |
Sociedad Portuaria El Cayao S.A. E.S.P. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 26,365 | 562,151
Amount of hedge by financial liabilities in foreign currency |  |  |  | (26,365) | (562,151)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 26,410 | 51,923 |  |  |
Current amount hedging non-derivative instrument | (26,410) | (51,923) |  |  |
Gases del Pacifico S.A.C. |  |  |  |  |
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Net OCI account | (8,906) | 7,472 |  |  |
Gases del Pacifico S.A.C. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 31,888 | 216,876
Amount of hedge by financial liabilities in foreign currency |  |  |  | (31,888) | (216,876)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 6,068 | 38,118 |  |  |
Current amount hedging non-derivative instrument | (21,331) | (44,475) |  |  |
Net OCI account | (15,263) | (6,357) |  |  |
Gas Natural de Lima y Callao S.A.C. - Calidda | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 114,887 | 97,109
Amount of hedge by financial liabilities in foreign currency |  |  |  | (114,887) | (97,109)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 67,050 | 173,901 |  |  |
Current amount hedging non-derivative instrument | (67,050) | (173,901) |  |  |
Promigas Per S.A.C. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 4,820 | 25,978
Amount of hedge by financial liabilities in foreign currency |  |  |  | (4,820) | (25,978)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 741 | 5,504 |  |  |
Current amount hedging non-derivative instrument | (741) | (5,504) |  |  |
Gases del Norte del Peru S.A.C. | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 24,006 | 129,382
Amount of hedge by financial liabilities in foreign currency |  |  |  | (24,006) | (129,382)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | (3,578) | 20,140 |  |  |
Current amount hedging non-derivative instrument | 3,578 | (20,140) |  |  |
Promigas Panam Corporation | Hedges of net investment in foreign operations |  |  |  |  |
Disclosure of detailed information about hedging instruments [line items] |  |  |  |  |
Investment amount |  |  |  | 1 | 16
Amount of hedge by financial liabilities in foreign currency |  |  |  | $ (1) | $ (16)
Hedges of net investment in foreign operations [abstract] |  |  |  |  |
Current amount hedged item | 2 | 7 |  |  |
Current amount hedging non-derivative instrument | $ (2) | $ (7) |  |  |

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- Definition The accumulated amount of fair value hedge adjustment on a hedged item that is included in the carrying amount of the hedged item, recognised in the statement of financial position as a liability. [Refer: Hedged items [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 7 -IssueDate 2023-01-01 -Paragraph 24B -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2023-en-r&anchor=para_24B_a_ii&doctype=Standard -URIDate 2023-03-23 + Details
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