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FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES - Hedging instruments of net foreign investment (Details)
$ in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2023
COP ($)
Dec. 31, 2022
COP ($)
Dec. 31, 2021
COP ($)
Dec. 31, 2023
USD ($)
Aug. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Amounts discontinued from hedge relationships         $ 467,966 $ 140,000
Gains (losses) recognized in OCI related to exchange difference on conversion of debt securities $ 1,948,833 $ (1,833,087) $ (1,207,052)      
Net foreign investment            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Principal balance       $ 1,982,034   2,450,000
Designated capital as a hedged instrument       1,592,034   2,060,000
Net foreign investment | Debt securities            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Principal balance       1,782,034   2,250,000
Designated capital as a hedged instrument       $ 1,392,034   $ 1,860,000
Net foreign investment | Debt securities | Debt Securities Issued, 7.03% Principal 750,000            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       7.03%   7.03%
Principal balance       $ 750,000   $ 750,000
Designated capital as a hedged instrument       $ 360,000   $ 360,000
Net foreign investment | Debt securities | Debt Securities Issued, 4.68% Principal 436,516            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       4.68%   4.68%
Principal balance       $ 436,516   $ 436,516
Designated capital as a hedged instrument       $ 436,516   $ 436,516
Net foreign investment | Debt securities | Debt Securities Issued, 4.68% Principal 85,710            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       4.68%   4.68%
Principal balance       $ 85,710   $ 85,710
Designated capital as a hedged instrument       $ 85,710   $ 85,710
Net foreign investment | Debt securities | Debt Securities Issued, 4.68% Principal 27,774            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       4.68%   4.68%
Principal balance       $ 27,774   $ 27,774
Designated capital as a hedged instrument       $ 27,774   $ 27,774
Net foreign investment | Debt securities | Debt Securities Issued, 3.02% Principal 482,034            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       3.02%    
Principal balance       $ 482,034    
Designated capital as a hedged instrument       482,034    
Net foreign investment | Debt securities | Debt Securities Issued, 3.02% Principal 598,032            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate           3.02%
Principal balance           $ 598,032
Designated capital as a hedged instrument           $ 598,032
Net foreign investment | Debt securities | Debt Securities Issued, 3.02% Principal 351,968            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate           3.02%
Principal balance           $ 351,968
Designated capital as a hedged instrument           351,968
Net foreign investment | Financing with Correspondent Banks            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Principal balance       200,000   200,000
Designated capital as a hedged instrument       $ 200,000   $ 200,000
Net foreign investment | Financing with Correspondent Banks | Financing with Correspondent Banks, 6.06%, Principal 150,000            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       6.06%   6.06%
Principal balance       $ 150,000   $ 150,000
Designated capital as a hedged instrument       $ 150,000   $ 150,000
Net foreign investment | Financing with Correspondent Banks | Financing with Correspondent Banks, 6.36%, Principal 50,000            
FINANCIAL ASSETS INVESTMENTS AND DERIVATIVES            
Interest rate       6.36%   6.36%
Principal balance       $ 50,000   $ 50,000
Designated capital as a hedged instrument       $ 50,000   $ 50,000