Date: 4/29/2022
Form: 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)]
| X | ||||||||||
- Definition Boolean flag that is true when the XBRL content amends previously-filed or accepted submission. No definition available.
|
| X | ||||||||||
- Definition PCAOB issued Audit Firm Identifier Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Area code of city No definition available.
|
| X | ||||||||||
- Definition Email address of contact personnel. No definition available.
|
| X | ||||||||||
- Definition Name of contact personnel No definition available.
|
| X | ||||||||||
- Definition End date of current fiscal year in the format --MM-DD. No definition available.
|
| X | ||||||||||
- Definition The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Boolean flag that is true only for a form used as an annual report. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY. No definition available.
|
| X | ||||||||||
- Definition This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
| X | ||||||||||
- Definition For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD. No definition available.
|
| X | ||||||||||
- Definition Boolean flag that is true only for a form used as a registration statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Boolean flag that is true only for a form used as a transition report. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'. No definition available.
|
| X | ||||||||||
- Definition Address Line 1 such as Attn, Building Name, Street Name No definition available.
|
| X | ||||||||||
- Definition Name of the City or Town No definition available.
|
| X | ||||||||||
- Definition ISO 3166-1 alpha-2 country code. No definition available.
|
| X | ||||||||||
- Definition Code for the postal or zip code No definition available.
|
| X | ||||||||||
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
|
| X | ||||||||||
- Definition A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
|
| X | ||||||||||
- Definition Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
| X | ||||||||||
- Definition Indicate if registrant meets the emerging growth company criteria. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen. No definition available.
|
| X | ||||||||||
- Definition Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
|
| X | ||||||||||
- Definition Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- References Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Local phone number for entity. No definition available.
|
| X | ||||||||||
- Definition Title of a 12(b) registered security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Name of the Exchange on which a security is registered. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
- Definition Trading symbol of an instrument as listed on an exchange. No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of expenses that the entity classifies as being administrative. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of income relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of income or expense arising from interest. [Refer: Interest expense; Interest income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of miscellaneous other operating income. [Refer: Other operating income (expense)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of operating income that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of income or expense from subsidiaries, jointly controlled entities and associates that the entity does not separately disclose in the same statement or note. [Refer: Associates [member]; Subsidiaries [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of operating income (expense) that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax, before reclassification adjustments. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of other comprehensive income, before tax, related to gains (losses) from changes in the fair value of investments in equity instruments that the entity has designated at fair value through other comprehensive income applying paragraph 5.7.5 of IFRS 9. [Refer: Other comprehensive income, before tax] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Consolidated Statement of Financial Position - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|||||
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash and balances with banks | R$ 108,601,632 | R$ 107,602,594 | |||||
| Financial assets at fair value through profit or loss | 336,560,965 | 275,986,689 | |||||
| Financial assets at fair value through other comprehensive income | 193,516,537 | 185,841,975 | |||||
| Financial assets at amortized cost | |||||||
| - Loans and advances to financial institutions, net of provision for losses | 83,426,816 | 191,424,731 | |||||
| - Loans and advances to customers, net of provision for losses | 573,032,622 | 473,637,358 | |||||
| - Securities, net of provision for losses | 178,819,275 | 179,623,894 | |||||
| - Other financial assets | 64,411,451 | 52,416,117 | |||||
| Non-current assets held for sale | 1,196,272 | 1,202,488 | |||||
| Investments in associates and joint ventures | 7,557,566 | 7,386,840 | |||||
| Premises and equipment, net | [1] | 13,513,105 | 14,071,129 | [2] | |||
| Intangible assets and goodwill, net | 14,911,007 | 14,669,464 | |||||
| Taxes to be offset | 13,286,829 | 15,330,420 | |||||
| Deferred income tax assets | 78,743,461 | 76,984,262 | |||||
| Other assets | 7,994,655 | 8,475,829 | |||||
| Total assets | 1,675,572,193 | 1,604,653,790 | |||||
| Liabilities at amortized cost | |||||||
| - Deposits from banks | 279,009,280 | 267,280,167 | |||||
| - Deposits from customers | 569,726,250 | 545,292,743 | |||||
| - Securities issued | 166,228,542 | 144,903,825 | |||||
| - Subordinated debts | 54,451,077 | 53,246,232 | |||||
| - Other financial liabilities | 86,407,304 | 75,528,047 | |||||
| Financial liabilities at fair value through profit or loss | 14,265,283 | 18,697,682 | |||||
| Provision for Expected Credit Loss | |||||||
| - Loan Commitments | 3,315,190 | 3,859,316 | |||||
| - Financial guarantees | 2,066,167 | 2,318,930 | |||||
| Insurance technical provisions and Pension Plans | 286,386,634 | 279,465,384 | |||||
| Other reserves | 25,536,619 | 25,582,923 | |||||
| Current income tax liabilities | 2,059,223 | 1,596,284 | |||||
| Deferred income tax liabilities | 208,035 | 1,249,650 | |||||
| Other liabilities | 35,683,882 | 39,515,233 | |||||
| Total liabilities | 1,525,343,486 | 1,458,536,416 | |||||
| Shareholders’ equity | |||||||
| Capital | 83,100,000 | 79,100,000 | |||||
| Treasury shares | (666,702) | (440,514) | |||||
| Capital reserves | 35,973 | 35,973 | |||||
| Profit reserves | 67,250,114 | 58,985,029 | |||||
| Additional paid-in capital | 70,496 | 70,496 | |||||
| Other comprehensive income | (1,005,569) | 8,103,343 | |||||
| Retained earnings | 992,525 | (234,109) | |||||
| Equity attributable to shareholders of the parent | 149,776,837 | 145,620,218 | |||||
| Non-controlling interest | 451,870 | 497,156 | |||||
| Total equity | 150,228,707 | 146,117,374 | |||||
| Total equity and liabilities | R$ 1,675,572,193 | R$ 1,604,653,790 | |||||
| |||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of accumulated items of income and expense (including reclassification adjustments) that are not recognised in profit or loss as required or permitted by other IFRSs. [Refer: IFRSs [member]; Other comprehensive income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount received or receivable from the issuance of the entity's shares in excess of nominal value and amounts received from other transactions involving the entity's stock or stockholders. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition A component of equity representing the capital reserves. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of cash and bank balances held at central banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The non-current amount of current tax assets. [Refer: Current tax assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The current amount of current tax liabilities. [Refer: Current tax liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of instruments issued by the entity that represent indebtedness. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from banks held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from customers held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of residual interest in the assets of the entity after deducting all its liabilities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial assets at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as ‘an accounting mismatch’) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity’s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of contractual undiscounted cash flows for gross commitments to receive a loan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries reported in separate financial statements] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The nominal value of capital issued. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of non-current assets or disposal groups classified as held for sale. [Refer: Disposal groups classified as held for sale [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of assets that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of provisions other than provisions for employee benefits. [Refer: Provisions] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition A component of equity representing reserves within equity, not including retained earnings. [Refer: Retained earnings] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition A component of equity representing the entity's cumulative undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of liabilities that are subordinate to other liabilities with respect to claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition An entity’s own equity instruments, held by the entity or other members of the consolidated group. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Consolidated Statements of Changes in Equity - BRL (R$) R$ in Thousands |
Issued capital [member] |
Treasury shares [member] |
Capital reserve [member] |
Profit Reserves Legal [Member] |
Statutory reserve [member] |
Additional paid-in capital [member] |
Other Comprehensive Income One [Member] |
Retained earnings [member] |
Equity attributable to owners of parent [member] |
Non-controlling interests [member] |
Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance on January 1, 2021 at Dec. 31, 2018 | R$ 67,100,000 | R$ (440,514) | R$ 35,973 | R$ 8,494,263 | R$ 44,773,321 | R$ 70,496 | R$ 2,206,718 | R$ 2,035,198 | R$ 124,275,455 | R$ 400,665 | R$ 124,676,120 |
| IfrsStatementLineItems [Line Items] | |||||||||||
| Net income | 21,023,023 | 21,023,023 | 150,184 | 21,173,207 | |||||||
| Financial assets at fair value through other comprehensive income | 5,795,435 | 5,795,435 | 5,795,435 | ||||||||
| Foreign currency translation adjustment | 73,867 | 73,867 | 73,867 | ||||||||
| Other | (204,538) | (204,538) | (204,538) | ||||||||
| Comprehensive income | 5,664,764 | 21,023,023 | 26,687,787 | 150,184 | 26,837,971 | ||||||
| Increase of non-controlling shareholders' interest | 8,750 | 8,750 | |||||||||
| Capital increase with reserves | 8,000,000 | (8,000,000) | |||||||||
| Transfers to reserves | 1,129,131 | 13,589,708 | (14,718,839) | ||||||||
| Interest on equity and dividends | (8,000,000) | (7,863,776) | (15,863,776) | (115,491) | (15,979,267) | ||||||
| Balance on December 31, 2021 at Dec. 31, 2019 | 75,100,000 | (440,514) | 35,973 | 9,623,394 | 42,363,029 | 70,496 | 7,871,482 | 475,606 | 135,099,466 | 444,108 | 135,543,574 |
| IfrsStatementLineItems [Line Items] | |||||||||||
| Net income | 15,836,862 | 15,836,862 | 197,099 | 16,033,961 | |||||||
| Financial assets at fair value through other comprehensive income | 17,591 | 17,591 | 17,591 | ||||||||
| Foreign currency translation adjustment | 235,863 | 235,863 | 235,863 | ||||||||
| Other | (21,593) | (21,593) | (21,593) | ||||||||
| Comprehensive income | 231,861 | 15,836,862 | 16,068,723 | 197,099 | 16,265,822 | ||||||
| Increase of non-controlling shareholders' interest | (3,598) | (3,598) | |||||||||
| Capital increase with reserves | 4,000,000 | (4,000,000) | |||||||||
| Transfers to reserves | 827,328 | 10,171,278 | (10,998,606) | ||||||||
| Interest on equity and dividends | (5,547,971) | (5,547,971) | (140,453) | (5,688,424) | |||||||
| Acquisition of treasury shares | |||||||||||
| Balance on December 31, 2021 at Dec. 31, 2020 | 79,100,000 | (440,514) | 35,973 | 10,450,722 | 48,534,307 | 70,496 | 8,103,343 | (234,109) | 145,620,218 | 497,156 | 146,117,374 |
| IfrsStatementLineItems [Line Items] | |||||||||||
| Net income | 23,172,322 | 23,172,322 | 208,482 | 23,380,804 | |||||||
| Financial assets at fair value through other comprehensive income | (9,163,635) | (9,163,635) | (9,163,635) | ||||||||
| Foreign currency translation adjustment | (19,107) | (19,107) | (19,107) | ||||||||
| Other | 73,830 | 73,830 | 73,830 | ||||||||
| Comprehensive income | (9,108,912) | 23,172,322 | 14,063,410 | 208,482 | 14,271,892 | ||||||
| Increase of non-controlling shareholders' interest | |||||||||||
| Capital increase with reserves | 4,000,000 | (4,000,000) | |||||||||
| Transfers to reserves | 1,097,285 | 11,608,314 | (12,705,599) | ||||||||
| Interest on equity and dividends | (9,240,089) | (9,240,089) | (253,768) | (9,493,857) | |||||||
| Cancellation of Treasury Shares | 440,514 | (440,514) | |||||||||
| Acquisition of treasury shares | (666,702) | (666,702) | (666,702) | ||||||||
| Balance on December 31, 2021 at Dec. 31, 2021 | R$ 83,100,000 | R$ (666,702) | R$ 35,973 | R$ 11,548,007 | R$ 55,702,107 | R$ 70,496 | R$ (1,005,569) | R$ 992,525 | R$ 149,776,837 | R$ 451,870 | R$ 150,228,707 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of treasury stock cancelled during the period. [Refer: Treasury shares] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of dividends recognised as distributions to non-controlling interests. [Refer: Non-controlling interests] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of residual interest in the assets of the entity after deducting all its liabilities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gains (losses) recognised in other comprehensive income on change in value of foreign currency basis spreads, net of tax, before reclassification adjustments. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase in equity through the issue of equity instruments. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Adjustments for decrease (increase) in loans and advances to customers to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Loans and advances to customers; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for decrease (increase) in other assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other assets; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for depreciation and amortisation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Depreciation and amortisation expense; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for gain (loss) on disposals investments in subsidiaries, joint ventures and associates to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries, joint ventures and associates reported in separate financial statements; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for increase (decrease) in deposits from banks to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deposits from banks; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for increase (decrease) in deposits from customers to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deposits from customers; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for increase (decrease) in other liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other liabilities; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for losses (gains) on disposal of non-current assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Non-current assets; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of cash advances and loans made to other parties (other than advances and loans made by a financial institution), classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The cash outflow for dividends paid by the entity, classified as financing activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The cash inflow representing dividends received from associates, classified as investing activities. [Refer: Associates [member]; Dividends received] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency. [Refer: Cash and cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gains (losses) on financial assets at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gains (losses) recognised in other comprehensive income on financial assets measured at fair value through other comprehensive income applying paragraph 4.1.2A of IFRS 9, net of tax, before reclassification adjustments. [Refer: Financial assets measured at fair value through other comprehensive income; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gains (losses) on financial liabilities at fair value through profit or loss. [Refer: Financial liabilities at fair value through profit or loss] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of impairment loss recognised in profit or loss. [Refer: Impairment loss; Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The cash outflow for income taxes paid, classified as operating activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash flows from income taxes paid or refunded, classified as operating activities. [Refer: Income taxes paid (refund)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase (decrease) in cash and cash equivalents after the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase (decrease) in cash and cash equivalents before the effect of exchange rate changes on cash and cash equivalents held in foreign currencies. [Refer: Cash and cash equivalents; Effect of exchange rate changes on cash and cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase (decrease) in equity resulting from the disposal of subsidiaries. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash outflow for interest paid, classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The cash inflow from interest received, classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The cash inflow from interest received, classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The cash inflow from proceeds from contributions of non-controlling interests. [Refer: Non-controlling interests] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash inflow from the issuing of subordinated liabilities. [Refer: Subordinated liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash inflow from sales of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for the purchase of financial instruments. [Refer: Financial instruments, class [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for the purchase of interests in associates. [Refer: Associates [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for repayments of subordinated liabilities. [Refer: Subordinated liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
GENERAL INFORMATION |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| General Information | |
| GENERAL INFORMATION | 1) GENERAL INFORMATION
Banco Bradesco S.A. (“Bradesco”, the “Bank”, the “Company” or, together with it’s subsidiaries, the “Group”) is a publicly-traded company established according to the laws of the Federative Republic of Brazil with headquarters in the city of Osasco, state of São Paulo, Brazil.
Bradesco is a bank that provides multiple services within two segments: banking and insurance. The Bank is subject to the Brazilian banking regulations and operates throughout all of Brazil. The banking segment includes a range of banking activities, serving individual and corporate customers in the following operations: investment banking, national and international banking operations, asset management operations and consortium administration. The insurance segment covers auto, health, life, accident and Non-Life insurance and Pension Plans, real estate ventures and capitalization bonds.
The retail banking products include demand deposits, savings deposits, time deposits, mutual funds, foreign exchange services and a range of loans and advances, including overdrafts, credit cards and loans with repayments in installments. The services provided to corporate entities include fund management and treasury services, foreign exchange operations, corporate finance and investment banking services, hedge and finance operations including working capital financing, lease and loans with repayments in installments. These services are provided, mainly, in domestic markets, but also include international services on a smaller scale.
The Company was originally listed on the São Paulo Stock Exchange (“B3”) and then subsequently on the New York Stock Exchange (“NYSE”).
The consolidated financial statements, in accordance with the IFRS, as issued by IASB, were approved by the Board of Directors on April 28, 2022. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for general information about financial statements. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
SIGNIFICANT ACCOUNTING POLICIES |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SIGNIFICANT ACCOUNTING POLICIES | 2) SIGNIFICANT ACCOUNTING POLICIES
These consolidated financial statements were prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB). The consolidated financial statements include the consolidated statements of financial position, consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows as well as the notes to the consolidated financial statements.
The Company has classified its expenses according to their nature.
The preparation of the consolidated financial statements requires the use of estimates and assumptions which affect the reported amounts of assets and liabilities, as well as the disclosure of contingent assets and liabilities at the date of the financial statements, and the profit and loss amounts for the year. The consolidated financial statements also reflect various estimates and assumptions, including, but not limited to: adjustments to the provision for expected losses of financial assets; estimates of the fair value of financial instruments; depreciation and amortization rates; impairment losses on non-financial assets; the useful life of intangible assets; evaluation of the realization of deferred tax assets; assumptions for the calculation of technical provisions for insurance, supplemental Pension Plans and capitalization bonds; provisions for contingencies and provisions for potential losses arising from fiscal and tax uncertainties. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 4.
The accounting policies listed below were used in all the periods presented and by all the companies of the Company and the equity method investees.
The consolidated financial statements include the financial statements of Bradesco and those of its direct and indirect subsidiaries, including exclusive mutual funds and special purpose entities.
The main subsidiaries included in the consolidated financial statements are as follows:
(1) The functional currency of these companies abroad is the Brazilian Real; (2) The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas; (3) The functional currency of this company is the Mexican Peso; (4) The functional currency of this company is the US dollar; (5) Accounting information used with date lag of up to 60 days; (6) Company merged on March 31, 2021, into Quixaba Empreendimentos e Participações Ltda. (Bradesco wholly owned subsidiary); and (7) The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated.
Subsidiaries are all companies over which the Group, has control. The Company has control over an investee if it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The subsidiaries are fully consolidated from the date at which the Company obtains control over its activities until the date this control ceases.
For acquisitions meeting the definition of a business combination, the acquisition method of accounting is used. The cost of acquisition is measured as the fair value of the consideration, including assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The excess of the consideration given over the fair value of the Company’s share of the identifiable net assets and non-controlling interest acquired is recorded as goodwill. Any goodwill arising from business combinations is tested for impairment at least once a year and whenever events or changes in circumstances may indicate the need for an impairment write-down. If the cost of acquisition is less than the fair value of the Company’s share of the net assets acquired, the difference is recognized directly in the consolidated statement of income.
For acquisitions not meeting the definition of a business combination, the Company allocates the cost between the individual identifiable assets and liabilities. The cost of acquired assets and liabilities is determined by (a) recognizing financial assets and liabilities at their fair value at the acquisition date; and (b) allocating the remaining balance of the cost of purchasing assets and assuming liabilities to individual assets and liabilities, other than financial instruments, based on their relative fair values of these instruments at the acquisition date.
Companies are classified as associates if the Company has significant influence, but not control, over the operating and financial management policy decisions. Normally significant influence is presumed when the Company holds in excess of 20%, but no more than 50%, of the voting rights. Even if less than 20% of the voting rights are held, the Company could still have significant influence through its participation in the management of the investee or representations on its Board of Directors, providing it has executive power; i.e. voting power.
Investments in associates are recorded in the Company’s consolidated financial statements using the equity method and are initially recognized at cost. The investments in associates include goodwill (net of any impairment losses) identified at the time of acquisition.
The Company has contractual agreements in which two or more parties undertake activities subject to joint control. Joint control is the contractual sharing of control over an activity, and it exists only if strategic, financial and operating decisions are made on a unanimous basis by the parties. A joint venture is an arrangement in which the Group, with other parties, holds joint control, whereby the Group has rights to the arrangement, rather than rights to its assets and obligations for its liabilities. Investments in joint ventures are recorded in the consolidated financial statements of the Company using the equity method.
A structured entity is an entity that has been designed such that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements.
Structured entities normally have some or all of the following features or characteristics:
structured entity’s overall activities without subordinated financial support; and
The Company applies a policy of treating transactions with non-controlling interests as transactions with equity owners of the Bank. For purchases of equity from non-controlling interests, the difference between any consideration paid and the share of the carrying value of net assets of the subsidiary acquired is recorded in equity. Gains or losses on sales to non-controlling shareholders are also recorded in equity.
Profits or losses attributable to non-controlling interests are presented in the consolidated statements of income under this title.
Intra-group transactions and balances (except for foreign currency transaction gains and losses) are eliminated in the consolidation process, including any unrealized profits or losses resulting from operations between the companies except when unrealized losses indicate an impairment loss of the asset transferred which should be recognized in the consolidated financial statements. Consistent accounting policies as well as similar valuation methods for similar transactions, events and circumstances are used throughout the Company for the purposes of consolidation.
Items included in the financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in Brazilian Reais (R$), which is the Company’s presentation currency. The domestic and foreign subsidiaries use the Real as their functional currency, except for the subsidiary in Mexico, which has the Mexican Peso as its functional currency, and BAC Florida Bank, which has the US dollar as its functional currency.
Foreign currency transactions, which are denominated or settled in a foreign currency, are translated into the functional currency using the exchange rates prevailing on the dates of the transactions.
Monetary items denominated in foreign currency are translated at the closing exchange rate as at the reporting date. Non-monetary items measured at historical cost denominated in a foreign currency are translated at exchange rate on the date of initial recognition; non-monetary items in a foreign currency that are measured at fair value are translated using the exchange rates on the date when the fair value was determined.
Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation at each period exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statement of income as “Net gains/(losses) of foreign currency transactions”.
In the case of changes in the fair value of monetary assets denominated in foreign currency classified as financial assets at fair value through other comprehensive income, a distinction is made between translation differences resulting from changes in amortized cost of the security and other changes in the carrying amount of the security. Translation differences related to changes in the amortized cost are recognized in the consolidated statement of income, and other changes in the carrying amount, except impairment, are recognized in equity.
The results and financial position of all foreign operations (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows:
Exchange differences arising from the above process are presented in equity as “Foreign currency translation adjustment”.
On consolidation, exchange differences arising from the translation of the net investment in foreign entities are taken to “Other comprehensive income”. If the operation is a non-wholly owned subsidiary, then the relevant proportion of the transaction difference is allocated to the non-controlling interest. When a foreign operation is partially sold or disposed, such exchange differences, which were recognized in equity, are recognized in the consolidated statement of income as part of the gain or loss on sale.
Cash and cash equivalents include: cash, bank deposits, unrestricted balances held with the Central Bank of Brazil and other highly liquid short-term investments, with original maturities of three months or less and which are subject to insignificant risk of changes in fair value, used by the Company to manage its short-term commitments. See Note 18 (b) – “Cash and cash equivalents”.
i. Financial assets
The Company classifies and measures financial assets based on the business model for the management of financial assets, as well as on the characteristics of contractual cash flow of the financial asset.
The Company classifies financial assets into three categories: (i) measured at amortized cost; (ii) measured at fair value through other comprehensive income (FVOCI); and (iii) measured at fair value through profit or loss (FVTPL).
- Business model: it relates to the way in which the Company manages its financial assets to generate cash flows. The objective (business model) of management in relation to each portfolio is defined as either: (i) to maintain the assets to receive contractual cash flows; (ii) to maintain the assets to receive the contractual cash flows and sales; or (iii) any other model. When the financial assets conform to the business models (i) and (ii) the SPPI test (Solely Payment of Principal and Interest) is applied. Financial assets held under business model (iii) are measured at FVTPL.
- SPPI Test: the purpose of this test is to assess the contractual terms of the financial instruments to determine if they give rise to cash flows at specific dates that conform only to the payment of the principal and interest on the principal amount.
In this context, the principal refers to the fair value of the financial asset at the initial recognition and interest refers to the consideration for the time value of money, the credit risk associated with the principal amount outstanding for a specific period of time and other risks and borrowing costs. Financial instruments that do not meet the SPPI test are measured at FVTPL, such as derivatives.
All financial assets that do not meet the criteria of measurement at amortized cost or at FVOCI are classified as measured at FVTPL, in addition to those assets that in the initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches.
Financial assets measured at FVTPL are initially recorded at fair value with subsequent changes to the fair value recognized immediately in profit or loss.
Financial assets are initially recognized in the consolidated statement of financial position at fair value and the transaction costs are recorded directly in the consolidated statement of income. Subsequent changes to the fair value are recognized immediately in profit or loss.
Gains and losses arising from changes in fair value of non-derivative assets are recognized directly in the consolidated statement of income under “Net gains/(losses) on financial assets and liabilities at fair value through profit or loss”. Interest income on financial assets measured at FVTPL is included in “Interest and similar income”. For the treatment of derivative assets see Note 2(d)(iii).
They are financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is both to maintain the assets to receive the contractual cash flows as well as for sale.
These financial assets are initially recognized at fair value, plus any transaction costs that are directly attributable to their acquisition or their issuance and are, subsequently, measured at fair value with gains and losses being recognized in other comprehensive income, except for impairment losses and foreign exchange gains and losses on debt securities, until the financial asset is derecognized. The expected credit losses are recorded in the consolidated statement of income.
Interest income is recognized in the consolidated statement of income using the effective
interest method. Dividends on equity instruments are recognized in the consolidated statement of income in ‘Dividend income’, within “Net Gains/(losses) on financial assets at fair value through other comprehensive income” when the Company’s right to receive payment is established. Gains or losses arising out of exchange variation on investments in debt securities classified as FVOCI are recognized in the consolidated statement of income. See Note 2(d)(viii) for more details of the treatment of the expected credit losses.
Financial assets that meet the criterion of the SPPI test and which are held in a business model whose objective is to maintain the assets to receive the contractual cash flows.
These financial assets are recognized initially at fair value including direct and incremental costs, and are subsequently recorded at amortized cost, using the effective interest rate method.
Interest is recognized in the consolidated statement of income and presented as “Interest and similar income”. In the case of expected credit loss, it is reported a deduction from the carrying value of the financial asset and is recognized in the consolidated statement of income.
ii. Financial liabilities
The Company classifies its financial liabilities as subsequently measured at amortized cost, using the effective interest rate method, except in cases of trading financial liabilities.
Financial liabilities for trading recognized by the Company are derivative financial instruments that are recorded and measured at fair value, with the respective changes in fair value recognized immediately in profit or loss.
The Company does not have any financial liabilities designated at fair value through profit or loss.
For more details on the treatment of derivatives, see Note 2(d) (iii).
Financial guarantees are contracts that require the Company to make specific payments under the guarantee for a loss incurred when a specific debtor fails to make a payment when due in accordance with the terms of the debt instrument.
Financial guarantees are initially recognized in the statement of financial position at fair value on the date the guarantee was given. After initial recognition, the Company’s obligations under such guarantees are measured by the higher value between (i) the value of the provision for expected losses and (ii) the value initially recognized, minus, if appropriate, the accumulated value of the revenue from the service fee. The fee income earned is recognized on a straight-line basis over the life of the guarantee. Any increase in the liability relating to guarantees is reported in the consolidated statement of income within “Other operating income/ (expenses)”.
The expected credit losses, referring to loan commitments, are recognized in liabilities and are calculated, as described in Note 3.1. iii. Derivative financial instruments and hedge transactions
Derivatives are initially recognized at fair value on the date the respective contract is signed and are, subsequently, re-measured at their fair values with the changes recognized in the statement of income under “Net gains or losses on financial assets at fair value through profit or loss”.
Fair values are obtained from quoted market prices in active markets (for example, for exchange-traded options), including recent market transactions, and valuation techniques (for example for swaps and foreign currency transactions), such as discounted cash-flow models and options-pricing models, as appropriate. In the calculation of fair value, the counterparty’s and the entity’s own credit risk are considered.
Certain derivatives embedded in other financial instruments are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host contract and the host contract is not recorded at fair value through profit or loss. These embedded derivatives are separately accounted for at fair value, with changes in fair value recognized in the consolidated statement of income.
The Company has structures of cash flow hedges, whose objective is to protect the exposure to variability in cash flows attributable to a specific risk associated with all the assets or liabilities recognized, or a component of it. The details of these structures are presented in Note 3.3 – Market risk.
iv. Recognition
Initially, the Company recognizes deposits, securities issued and subordinated debts and other financial assets and liabilities on the trade date, in accordance with the contractual provisions of the instrument.
v. Derecognition
Financial assets are derecognized when there is no reasonable expectation of recovery, when the contractual rights to receive the cash flows from these assets have ceased to exist or the assets have been transferred and substantially all the risks and rewards of ownership of the assets are also transferred. Financial liabilities are derecognized when they have been discharged, paid, redeemed, cancelled or expired. If a renegotiation or modification of terms of an existing financial asset is such that the cash flows of the modified asset are substantially different from those of the original unmodified asset, then the original financial asset is derecognized and the modified financial asset is recognized as a new financial asset and initially measured at fair value.
vi. Offsetting financial instruments
Financial assets and liabilities are offset and the net amount reported in the consolidated statement of financial position when, the Company has the intention and the legal enforceable right to offset the recognized amounts on a net basis or realize the asset and settle the liability simultaneously.
vii. Determination of fair value
The determination of the fair value for the majority of financial assets and liabilities is based on the market price or quotes of security dealers for financial instruments traded in an active market. The fair value for other instruments is determined using valuation techniques. The valuation techniques which include use of recent market transactions, discounted cash flow method, comparison with other instruments similar to those for which there are observable market prices and valuation models.
For more commonly used instruments, the Company uses widely accepted valuation models that consider observable market data in order to determine the fair value of financial instruments.
For more complex instruments, the Company uses its own models that are usually developed from standard valuation models. Some of the information included in the models may not be observable in the market and is derived from market prices or rates or may be estimated on the basis of assumptions.
The value produced by a model or by a valuation technique is adjusted to reflect various factors, since the valuation techniques do not necessarily reflect all of the factors that market participants take into account during a transaction.
The valuations are adjusted to consider the risks of the models, differences between the buy and sell price, credit and liquidity risks, as well as other factors. Management believes that such valuation adjustments are necessary and appropriate for the correct evaluation of the fair value of the financial instruments recorded in the consolidated statement of financial position.
More details on the calculation of the fair value of financial instruments are available in Note 3.4.
viii. Expected credit losses
The Company calculates the expected credit losses for financial instruments measured at amortized cost and at FVOCI (except for investments in equity instruments), financial guarantees and loan commitments.
Expected credit losses on financial instruments are measured as follows:
Financial assets: it is the present value of the difference between contractual cash flows and the cash flows that the Company expects to recover discounted at the effective interest rate of the operation;
Financial guarantees: it is the present value of the difference between the expected payments to reimburse the holder of the guarantee and the values that the Company expects to recover discounted at a rate that reflects the market conditions; and
Loan commitments: it is the present value of the difference between the contractual cash flows that would be due if the commitment was used and the cash flows that the Company expects to recover discounted at a rate that reflects the market conditions.
Expected credit losses are measured on one of the following basis:
− Credit losses expected for 12 months, i.e., credit losses as a result of possible events of delinquency within 12 months after the reporting date; and − Credit Losses expected for the whole of lifecycle, i.e., credit losses that result from all possible events of delinquency throughout the expected lifecycle of a financial instrument. The measurement of expected losses for the whole lifecycle is applied when a financial asset, on the reporting date, has experienced a significant increase in credit risk since its initial recognition and the measurement of expected credit loss for 12 months is applied when the credit risk has not increased significantly since its initial recognition. The Company assumes that the credit risk of a financial asset has not increased significantly when the asset has a low credit risk on the reporting date.
With respect to Brazilian government bonds, the Company has internally developed a study to assess the credit risk of these securities, which does not expect any loss for the next 12 months, that is, no provision is recorded for credit losses.
For loans, the amount of loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset’s original effective interest rate. The asset’s carrying amount is reduced through provisions and the amount of the loss is recognized in the consolidated statement of income.
The calculation of the present value of the estimated future cash flows of a collateralized financial asset reflects the cash flows that may result from foreclosure less costs for obtaining and selling the collateral.
The methodology and assumptions used for estimating future cash flows are reviewed regularly to mitigate any differences between loss estimates and actual loss experience.
Following the recognition of expected credit loss, interest income is recognized using the effective rate of interest, which was used to discount the future cash flows, on the accounting value gross of provision, except for assets with problem of credit recovery, in which, the rate stated is applied at the net book value of the provision.
The whole or part of a financial asset is written off against the related credit loss expected when there is no reasonable expectation of recovery. Such loans are written off after all the relevant collection procedures have been completed and the amount of the loss has been determined. Subsequent recoveries of amounts previously written off are credited to the consolidated statement of income.
The criteria used to calculate the expected credit loss and to determine the significantly increased of the credit risk are detailed in Note 3.1.
Under certain circumstances, property is repossessed following foreclosure of loans that are in default. Repossessed properties are measured at the lower of their carrying amount or fair value less the costs to sell – whichever is the lowest – and are included within “Non-current assets held for sale”.
Property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses (see Note 2(i) below), if any. The cost includes expenses directly attributable to the acquisition of an asset.
The cost of assets internally produced includes the cost of materials and direct labor, as well as any other costs that can be directly allocated and that are necessary for them to function.
When parts of an item have different useful lives, and separate control is practical, they are recorded as separate items (main components) comprising the property and equipment.
Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate.
Gains and losses from the sale of property and equipment are determined by comparing proceeds received with the carrying amount of the asset and are recorded in the consolidated statement of income under the heading “Other operating income/(expenses)”.
Expenditure on maintenance and repairs of property and equipment items is recognized as an asset when it is probable that future economic benefits associated with the items will flow to the Company for more than one year and the cost can be measured reliably. The carrying amount of the replaced part is derecognized. All other repairs and maintenance costs are charged to the consolidated statement of income during the reporting period in which they are incurred.
Depreciation is recognized in the consolidated statement of income using the straight-line basis and taking into consideration the estimated useful economic life of the assets. The depreciable amount is the gross-carrying amount, less the estimated residual value at the end of the useful economic life. Land is not depreciated. Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate.
Intangible assets comprise separately identifiable non-monetary items, without physical substance due to business combinations, such as goodwill and other purchased intangible assets, computer software and other such intangible assets. Intangible assets are recognized at cost. The cost of an intangible asset, acquired in a business combination, is its fair value at the date of acquisition. Intangible assets with a definite useful life are amortized over their estimated useful economic life. Intangible assets with an indefinite useful life are not amortized.
Generally, the identified intangible assets of the Company have a definite useful life. At each reporting date, intangible assets are reviewed for indications of impairment or changes in estimated future economic benefits – see Note 2(i) below.
Goodwill (or bargain purchase gain) arises on the acquisition of subsidiaries, associates and joint ventures and is allocated to Cash Generating Unit (CGU) or groups of CGUs that are expected to benefit from the synergies of the acquisitions.
Goodwill reflects the excess of the cost of acquisition in relation to the Company’s share of the fair value of net identifiable assets or liabilities of an acquired subsidiary, associate or joint venture on the date of acquisition. Goodwill originated from the acquisition of subsidiaries is recognized as “Intangible Assets”, and the goodwill from acquisition of associates and joint ventures is included in the carrying amount of the investment. When the difference between the cost of acquisition and the Company’s share of the fair value of net identifiable assets or liabilities is negative (bargain purchase gain), it is immediately recognized in the consolidated statement of income as a gain on the acquisition date.
Goodwill is tested annually or whenever a trigger event has been observed, for impairment (see Note 2(i) below). Gains and losses realized in the sale of an entity include consideration of the carrying amount of goodwill relating to the entity sold.
Software acquired by the Company is recorded at cost, less accumulated amortization and accumulated impairment losses, if any.
Internal software-development expenses are recognized as assets when the Company can demonstrate its intention and ability to complete the development, and use the software in order to generate future economic benefits. The capitalized costs of internally developed software include all costs directly attributable to development and are amortized over their useful lives. Internally developed software is recorded at its capitalized cost less amortization and impairment losses (see Note 2(i) below).
Subsequent software expenses are capitalized only when they increase the future economic benefits incorporated in the specific asset to which it relates. All other expenses are recorded as expenses as incurred.
Amortization is recognized in the consolidated statement of income using the straight-line method over the estimated useful life of the software, beginning on the date that it becomes available for use. The estimated useful life of software is from two to five years. Useful life and residual values are reviewed at each reporting date and adjusted, if necessary.
Other intangible assets refer basically to the customer portfolio and acquisition of banking service rights. They are recorded at cost less amortization and impairment losses, if any, and are amortized for the period in which the asset is expected to contribute, directly or indirectly, to the future cash flows.
These intangible assets are reviewed annually, or whenever events or changes in circumstances occur which could indicate that the carrying amount of the assets cannot be recovered. If necessary, the write-off or impairment (see Note 2(i) below) is immediately recognized in the consolidated statement of income.
h) Company lease (lessee)
As a lessee, the Group assesses at contract inception whether a contract is, or contains, a lease. That is, if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration.
The Company applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Company recognizes lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets.
At the beginning of a lease, the Company recognizes a “lease liability” and a right of use asset. The expenses with interest on the lease liability and expenses of depreciation of the right of use asset are recognized separately.
The right of use asset is measured initially at cost value and is subsequently reduced by the accumulated depreciation and any accumulated impairment losses, when applicable. The right of use will also be adjusted in case of re-measurement of the lease liability. The depreciation is calculated in a linear fashion by the term of the leases.
The lease term is defined as the non-cancellable term of the lease, together with (i) periods covered by the option to extend the lease, if the lessee is reasonably certain to exercise that option; and (ii) periods covered by the option to terminate the lease, if the lessee is reasonably certain that it will not exercise that option. The Company has a descriptive policy for the property lease terms, which considers the business plan and management expectations, extension options and local laws and regulations.
The lease liability is measured initially at the present value of the future lease payments, discounted by the incremental rate applied to each contract in accordance with the leasing term.
The lease payments include fixed payments, less any lease incentives receivable, and variable lease payments that depend on an index or a rate. Variable lease payments that do not depend on an index or a rate are recognized as expenses in the period in which the event or condition that triggers the payment occurs.
The incremental rate applied by the Company takes into account the funding rate free of risk adjusted by the credit spread.
Subsequently, the lease liability is adjusted to reflect the interest levied on the payment flows, re-measured to reflect any revaluation or modifications of leasing and reduced to reflect the payments made.
Financial charges are recognized as a “Interest and similar expenses” and are adjusted in accordance with the term of the contracts, considering the incremental rate.
The contracts and leases of properties with an indefinite period were not considered in the scope of IFRS 16 because they are leases in which the contract can be terminated at any time without a significant penalty. In this way, the rental contract was not considered as executable.
Short-term leases and leases of low-value assets
The Company applies the short-term lease recognition exemption to its short-term leases (leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option). It also applies the lease of low-value assets recognition exemption to leases that are considered to be low value. Lease payments on short-term leases and leases of low-value assets are recognized as expense over the lease term.
i) Impairment losses on non-financial assets (except for deferred tax assets)
Assets that have an indefinite useful life such as goodwill are not subject to amortization and are tested, at least, annually to verify the existence of impairment.
Assets, which are subject to amortization or depreciation, are reviewed to verify impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized based on the excess the carrying amount of the asset or the cash generating unit (CGU) over its estimated recoverable amount. The recoverable amount of an asset or CGU is the greater of its fair value, less costs to sell, and its value in use.
For the purpose of impairment testing, the assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or CGUs. Subject to a ceiling of the operating segments, for the purpose of goodwill impairment testing, CGUs to which goodwill has been allocated are aggregated so that the level at which impairment testing is performed reflects the lowest level at which goodwill is monitored for internal reporting purposes.
When assessing the value in use, future profitability based on business plans and budgets are used, and the estimated future cash flows are discounted to their present value using a discount rate that reflects the current market conditions of the time value of money and the specific risks of the asset or CGU.
The Company’s corporate assets do not generate separate cash inflows and are utilized by more than one CGU. Corporate assets are allocated to CGUs on a reasonable and consistent basis and tested for impairment as part of the testing of the CGU to which the corporate asset is allocated.
Impairment losses are recognized in the consolidated Statement of Income. Impairment losses recognized in respect of CGUs are allocated first to reduce the carrying amount of any goodwill allocated to the CGU (or group of CGUs) and then to reduce the carrying amount of the other assets in the CGU (or group of CGUs) on a pro rata basis.
An impairment of goodwill cannot be reversed. With regard to other assets, an impairment loss recognized in previous periods is reassessed at each reporting date for any indications that the impairment has decreased or no longer exists. An impairment loss will be reversed if there has been a change in the estimates used to determine the recoverable amount or to the extent that the carrying amount of the asset does not exceed the carrying amount that would have been determined, net of depreciation and amortization, if no impairment had been recognized.
j) Provisions, contingent assets and liabilities and legal obligations
A provision is recognized when, as a result of a past event, the Company has a present legal or constructive obligation that can be reliably estimated and it is probable that an outflow of resources will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability.
Provisions were established by Management whenever it considers that there is a probable loss taking into account the opinion of their legal advisors; the nature of the actions; the similarity to previous suits; the complexity and the positioning of the Courts.
Contingent liabilities are not recognized, since their existence will only be confirmed by the occurrence or not of one or more future and uncertain events that are not totally under the control of the Management. Contingent liabilities do not meet the criteria for recognition, since they are considered as possible losses and are disclosed in explanatory notes, when relevant. Obligations classified as remote are neither provisioned nor disclosed.
Contingent assets are recognized only when there are actual guarantees or definitive favorable court rulings, over which there are no more resources, characterizing the gain as practically certain. Contingent assets, whose expectation of success is probable, are only disclosed in the financial statements, when relevant.
Legal obligations arise from legal proceedings, the object of which is its legality or constitutionality, which, independently of the assessment of the likelihood of success, have their amounts fully recognized in the financial statements.
An insurance contract is a contract in which the Company accepts a significant insurance risk from the policy holder by agreeing to compensate the policyholder if a specific, uncertain, future event adversely affects the policy holder. Reinsurance contracts are also treated as insurance contracts because they transfer significant insurance risk. Contracts in the Insurance segment classified as investment contracts are related to our capitalization bonds, which do not transfer significant insurance risk and are accounted for as financial liabilities in accordance with IFRS 9 – Financial Instruments.
The Unearned Premiums Reserve (PPNG) is calculated on a daily pro-rata basis using premiums net of coinsurance premiums, considering amounts ceded through reinsurance operations, and the value registered in the consolidated statement of financial position corresponds to the unexpired risk period of the insurance contracts. For the Non-Life and Life segments, the portion of these reserves corresponding to the estimate for risks in effect but not yet issued is designated in the Estimated Unearned Premiums Reserve (PPNG-RVNE).
The Mathematical Provision for Benefits to be Granted (PMBaC) is calculated by the difference between the current value of future benefits and the current value of future premiums, corresponding to future obligations assumed in the insurance contracts. Specifically for the individual health portfolio, the costs related to the permanence of the dependents in the plan for five years without the corresponding payment of premiums from the expectation of the death of the plan holder are considered. The provision is calculated using methodologies and assumptions consistent with standard actuarial practices. In Pension Plans with variable contribution characteristic, the PMBAC represents the contributions received from participants, net of costs and other contractual charges, plus the financial return generated through the investment of these amounts in units of specially constituted investment funds (FIEs).
The Mathematical Provision for Benefits Granted (PMBC) is recognized for participants already receiving benefits and corresponds to the present value of future obligations related to the payment of those on-going benefits. Specifically, for health insurance, the PMBC considers the obligations arising from the contractual clauses of remission of cash considerations, related to health care coverage and the premiums for payment of the insured participants of the Bradesco Saúde insurance – “GBS Plan”. The provision is calculated according to the methodology and assumptions established in standard actuarial practices.
The provision for claims/events occurred and not reported (IBNR/PEONA) is calculated from the final estimate of claims that have already occurred and not yet reported, based on run-off triangles which consider the historical development of claims reported to establish a future projection by claims occurrence period. For health insurance, monthly run-off triangles are used, which consider the historical development of claims reported in the last 12 months. For Non-Life, Life and Pension Plans, semiannual run-off triangles are used, which consider the historical development of claims reported in the last 10 semesters (Non-Life and Life insurance) and in the last 16 semesters (Pension Plans).
The Provision for Unsettled Claims (PSL/PESL) considers the expected amounts to be settled for all claims notices received up to the balance sheet date. The provision covers administrative and judicial claims monetarily adjusted and with interest in the case of legal claims. For Non-Life insurance, these amounts are net of the corresponding portion of the expected receipt of salvage and reimbursement.
The Provision for Related Expenses (PDR) is set up to cover expected amounts related to claims incurred and to be incurred depending on the structure of each contract.
In Other Technical provisions, the following provisions are being considered:
The supplementary provision for coverage (PCC), which refers to the amount necessary to complement the technical provisions, determined in the liability adequacy test (TAP) for Non-Life, Life insurance and Pension Plans.
The Provision for Insufficiency of Premiums/Considerations (PIC/PIP) of Health insurance contracts, which aims to determine the insufficiency of considerations/premiums to cover the events/losses to occur, when applicable, being calculated from the methodologies defined in standard actuarial practices.
In addition, Other Technical Provisions comprise the following specific provisions for Life insurance contracts and Pension Plans:
- Provision for Redemptions and Other Amounts to Regularize (PVR) for Pension Plans, which covers the amounts related to redemptions to be settled, premium returns and portability requested and not yet transferred to the receiving entity;
- Provision for financial surplus (PEF), which corresponds to the financial result in excess of the minimum guaranteed profitability, passed on to contracts with a financial surplus participation clause for Pension Plans;
- Provision for Technical Surplus (PET) for Pension Plans, which corresponds to the difference between the expected value and the observed value of events that occurred in the period for insurance for insureds with a technical surplus participation clause
- “Other technical provisions (OPT)” for Pension Plans that comprises part of the mathematical provisions of benefits to be granted and benefits granted transferred to this accounting line, as required by SUSEP. This amount refers to the difference between the calculation of mathematical provisions, carried out with realistic premises at the time, approved by the autarchy in 2004, and the calculation with the technical bases defined in the technical notes of the product.
The financial charges credited to technical provisions, and the recording and/or reversal of the financial surplus, are classified as financial expenses, and are presented under “Net income from insurance and Pension Plans”.
The Company conducted the liability adequacy test for all the contracts that meet the definition of an insurance contract according to IFRS 4 – Insurance Contracts and which are in force on the date of execution of the test. This test is conducted every six months and the liability of insurance contracts, gross of reinsurance, is calculated as the sum of the carrying amount, deducting the deferred acquisition costs. This is compared to the expected cash flows arising from the obligations under commercialized contracts and certificates.
The test considerers projections of claims and benefits that have occurred and are to occur,
administrative expenses, allocable expenses related to the claims, intrinsic options and financial surpluses, salvage and recoveries and other income and expense directly related to the insurance contracts.
To calculate the present value of projected cash flows, the Company used the risk free forward (ETTJ) rate which was prepared by SUSEP (Danos) and Fenaprevi (Vida e Previdência) both approved by SUSEP.
In relation to Life insurance and Pension Plans, the contracts are grouped based on similar risks or when the insurance risk is managed jointly by the Management. The projections follow the methodology and assumptions described in the preceding paragraphs of this section.
The result of the liability adequacy test (LAT) presented an insufficiency which was recognized in the Complementary Provision for Coverage (PCC), see Note 34.
Regarding damage insurance, the average projected loss ratio was 45.07% and the average reinsurance projected in the study, calculated based on the reported claims, was 6.85%. The result of the adequacy test did not show insufficiency and, consequently, no incremental additional provisions to the insurance liabilities were recorded.
Reinsurance contracts are used in the normal course of operations with the purpose of limiting potential losses, by spreading risks. Liabilities relating to contracts that have been reinsured are presented gross of their respective recoveries, which are booked as assets since the existence of the reinsurance contract does not nullify the Company’s obligations with the insured parties.
As required by the regulators, reinsurance companies with headquarters abroad must have a minimum rating, assessed by a credit rating agency, to operate in the country, whereby all other reinsurance operations must be performed with local reinsurers. In this way, credit risks are reduced. If there are indications that the amounts recorded will not be realized at their carrying amount, these assets will be assessed for impairment.
These comprise deferred acquisition costs including commissions and brokers’ fees related to the sale of insurance policies. Deferred commissions are recognized in the consolidated statement of income over the life of the respective policies and pension plan contracts or over an average period of 12 months. Expenses relating to insurance agency operations relating to the sale of health plans are amortized over a 24 month period.
o) Capitalization bonds
The liability for capitalization bonds is registered in the line item “Other liabilities”. Financial liabilities and revenues from capitalization bonds are recognized at the time bonds are issued.
The bonds are issued according to the types of payments, monthly or in a single payment. Each bond has a nominal value, which is indexed to the Referential Rate index (TR) plus a spread until the redemption or cancellation of the bond. Amounts payable are recognized in the line item “Other Liabilities – Capitalizations Bonds”.
Capitalization bond beneficiaries are eligible for a prize draw. At the end of a certain period that is determined at the time the capitalization bond is issued, a beneficiary may redeem the nominal value paid plus the accumulated interest. These products are regulated by the insurance regulator in Brazil; however, they do not meet the definition of an insurance contract in accordance with IFRS 4 and, therefore, are classified as financial liabilities.
Unclaimed amounts from “capitalization plans” are derecognized when the obligation legally expires.
p) Net insurance income
Insurance and coinsurance premiums, net of premiums transferred through coinsurance and reinsurance and related commissions, are recognized as income upon issuance of the respective policies and invoices or at the beginning of the risk period for cases in which the cover begins before the issue date, and accounted for on a straight-line basis, over the duration of the policies, through the upfront recognition and subsequent reversal of the provision for unearned premiums and the deferred acquisition costs. Income from premiums and the acquisition costs related to risks already assumed whose respective policies have not yet been issued are recognized in the consolidated statement of income at the start of the risk coverage period on an estimated basis.
Accepted coinsurance contracts and retrocession operations are recorded on the basis of information received from the lead coinsurer and IRB – Brasil Resseguros S.A. (IRB), respectively.
Reinsurance operations are recorded based on the provision of accounts, which are subject to review by reinsurers. The deferral of these operations is carried out in a manner consistent with the related insurance premium and/or reinsurance contract.
The acquisition costs relating to the commission of insurance are deferred and adapted to the result in proportion to the recognition of the earned premium. The receipts from insurance agency operations are deferred and recognized in income linearly, for a period of 24 months in health insurance operations and for the period of 12 months in the other operations.
Contributions to Pension Plans and Life insurance premiums with survivor coverage are recognized in income upon their effective receipt. The management fee income is appropriated to the income on an accrual basis, according to contractually established rates.
Financial revenues include interest income on assets including financial assets at fair value through other comprehensive income, income from dividends, gains from the disposal of financial instruments fair value on other comprehensive income, changes in the fair value of financial assets measured at fair value through profit or loss, accrued income in the calculation of the amortized cost of securities and reclassifications of gains previously recognized in other comprehensive income. The income from interest is recognized in the results through the effective interest method.
Financial expenses cover losses in the disposal of assets available for sale, changes in the fair value of financial assets measured at fair value through profit or loss and losses by impairment recognized in the financial assets (except receivables).
Bradesco recognizes, prospectively the surplus or deficit of its defined benefit plans and post-retirement plans as an asset or an obligation in its consolidated statement of financial position, and recognizes the changes in the financial condition during the year in which the changes occurred, in profit or loss.
Bradesco and its subsidiaries sponsor Pension Plans for their employees and Management. Contribution obligations for defined contribution Pension Plans are recognized as expenses in profit or loss as incurred. Once the contributions are paid, Bradesco, in the capacity of employer, has no obligation to make any additional payment.
The Company’s net obligation, in relation to the defined benefit plans, refers exclusively to institutions acquired and is calculated separately for each plan, estimating the future defined benefit that the employees will be entitled to after leaving the Company or at the time of retirement.
Bradesco’s net obligation for defined benefit plans is calculated on the basis of an estimate of the value of future benefits that employees receive in return for services rendered in the current and prior periods. This value is discounted at its current value and is presented net of the fair value of any plan assets.
The calculation of the obligation of the defined benefit plan is performed annually by a qualified actuary, using the projected unit credit method, as required by accounting rule.
Remeasurement of the net obligation, which include: actuarial gains and losses, the return of the assets of the plan other than the expectation (excluding interest) and the effect of the asset ceiling (if any, excluding interest), are recognized immediately in other comprehensive income.
Net interest and other expenses related to defined benefit plans are recognized in the statement of income.
Severance benefits are accrued when the employment relationship is terminated by the Company before the employee’s normal date of retirement or whenever the employee accepts voluntary redundancy in return for such benefits.
Benefits which are payable 12 months or more after the reporting date are discounted to their present value.
Benefits such as wages, salaries, social security contributions, paid annual leave and paid sick leave, profit sharing and bonuses (if payable within 12 months of the reporting date) and non-monetary benefits such as health care, etc. are recorded as expenses in the consolidated statement of income, without any discount to present value, if the Company has a present legal or constructive obligation to pay the amount as a result of past service provided by the employee and the obligation can be reliably estimated.
Income from financial assets measured at amortized cost and at FVOCI, except instruments of equity and interest costs from liabilities classified at amortized cost are recognized on an accrual basis in the consolidated statement of income using the effective interest rate method. The effective interest rate is the rate that discounts estimated future cash payments and receipts throughout the expected life of the financial asset or liability (or, when appropriate, a shorter period) to the carrying amount of the financial asset or liability. When calculating the effective rate, the Company estimates future cash flows considering all contractual terms of the financial instrument, but not future credit losses.
The calculation of the effective interest rate includes all commissions, transaction costs, discounts or bonuses which are an integral part of such rate. Transaction costs are incremental costs directly attributable to the acquisition, issuance or disposal of a financial asset or liability.
Fees and commission income and expense which are part of and are directly allocable to the effective interest rate on a financial asset or liability are included in the calculation of the effective interest rate.
Other fee and commission income, substantially composed by account service fees, asset management fees, credit card annual charges, and collection and consortium fees are recognized, according to the requirements of IFRS 15 - Revenue from Contracts with Customers, to the extent that the obligations of performance are fulfilled. The price is allocated to the provision of the monthly service, and the revenue is recognized in the result in the same manner. When a loan commitment is not expected to result in the drawdown of a loan, the related commitment fees are recognized on a straight-line basis over the commitment period. Other fees and commissions expense relate mainly to transaction as the services are received.
Deferred tax assets, calculated on income tax losses, social contribution losses and temporary differences, are recognized in “Deferred tax assets” and the deferred tax liabilities on tax differences in lease asset depreciation (applicable only for income tax), fair value adjustments on securities, inflation adjustment of judicial deposits, among others, are recognized in “Deferred taxes”.
Deferred tax assets on temporary differences are realized when the difference between the accounting treatment and the income tax treatment reverses. Deferred tax assets on carried forward income tax and social contribution losses are realizable when taxable income is generated, up to the 30% limit of the taxable profit for the period. Deferred tax assets are recognized based on current expectations of realization considering technical studies and analyses carried out by Management.
The provision for income tax is calculated at the base rate of 15% of taxable income, plus an additional 10%. The social contribution on net income (CSLL) for financial, insurance and similar companies is calculated at the rate of 15% and 9% for other companies. In November 2019, Constitutional Amendment No. 103 was enacted, establishing in article 32, the increase in the CSLL rate of the "Banks" from 15% to 20%, effective as of March 2020. In March 1, 2021, Provisional Measure No. 1,034 ("MP") was published, converted into Law No. 14,183, on July 14, 2021, which raised the rate of CSLL by five percentage points, during the period from July 1, 2021 to December 31, 2021.
Provisions were recognized for income tax and social contribution in accordance with specific applicable legislation. The breakdown of income tax and social contribution, showing the calculations, the origin and expected use of deferred tax assets, as well as unrecognized deferred tax assets, is presented in Note 37.
Information for operating segments is consistent with the internal reports provided to the Executive Officers (being the Chief Operating Decision Makers), which are comprised by the Chief Executive Officer, Executive Vice-Presidents, Managing Officers and Deputy Officers. The Company operates mainly in the banking and insurance segments. The banking operations include operations in retail, middle market and corporate activities, lease, international bank operations, investment banking and private banking. The Company’s banking activities are performed through its own branches located throughout the country, in branches abroad and through subsidiaries, as well as by means of our shareholding interest in other companies. The insurance segment consists of insurance operations, supplementary Pension Plans and capitalization plans which are undertaken through a subsidiary, Bradesco Seguros S.A., and its subsidiaries.
Preferred shares have no voting rights, but have priority over common shares in reimbursement of capital, in the event of liquidation, up to the amount of the capital represented by such preferred shares, and the right to receive a minimum dividend per share that is ten percent (10%) higher than the dividend distributed per share to the holders of common shares.
Incremental costs directly attributable to the issuance of shares are shown net of taxes in shareholders’ equity, thus reducing the initial share value.
The Company presents basic and diluted earnings per share data. Basic earnings per share is calculated by allocating the net income attributable to shareholders between that attributable to common shareholders and that attributable to preferred shareholders and dividing this by the weighted average number of common and preferred shares, respectively, outstanding during the year, excluding the average number of shares purchased by the Company and held as treasury shares. Diluted earnings per share are the same as basic earnings per share, as there are no potentially dilutive instruments.
Dividends on shares are paid and provisioned during the year. In the Shareholders’ Meeting are approved at least the equivalent of 30% of the annual adjusted net income, in accordance with the Company’s Bylaws. Dividends approved and declared after the reporting date of the financial statements, are disclosed in the notes as subsequent events.
Capital transactions are transactions between shareholders. These transactions modify the equity held by the controlling shareholder in a subsidiary. If there is no loss of control, the difference between the amount paid and the fair value of the transaction is recognized directly in the shareholders’ equity.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The entire disclosure for significant accounting policies applied by the entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
RISK MANAGEMENT |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RISK MANAGEMENT | 3) RISK MANAGEMENT
The risk management activity is highly strategic due to the increasing complexity of products and services and the globalization of the Company's business. The dynamism of the markets leads the Company to constantly seek to improve this activity.
The Company carries out a corporate risk control in an integrated and independent manner, preserving and giving value to a collective decision-making environment, developing and implementing methodologies, models and tools for measurement and control. It promotes the dissemination of the risk culture to all employees, at all hierarchical levels, from the business areas to the Board of Directors.
Covid-19 Pandemic
Following health protocols, the Company initiated the gradual return of employees to in-person activities in the administrative centers and branches network. This plan recommends a safe return of the employees and includes all of the recommendations by the Ministry of Health.
Some learnings were incorporated into our operations, for example, how to virtually relate to our supplier customers and the intensification of remote work in the Company.
Scope of Risk Management
The Company's risk management scope reaches a wide vision of risks within the Company, allowing risks at a consolidated level to be supported by the corporate risk management process in order to support the development of the Company's activities. To this end, the Company’s action is carried out by means of three lines of defense in which they all contribute to provide reasonable assurance that the specified goals are reached:
Risk Appetite Statement (RAS)
The risk appetite refers to the types and levels of risks that the Company is willing to accept in the conduct of its business and purposes. The Risk Appetite Statement – RAS is an important instrument that summarizes the risk culture of the Company.
At the same time, RAS emphasizes the existence of an efficient process of assignments in the operational risk management and in the performance of control functions, as well as for mitigation and disciplinary actions and processes of scheduling and reporting to Senior Management upon breach of the risk limits or control processes established.
The Risk Appetite Statement is reviewed on annual basis[1], or whenever necessary, by the Board of Directors and permanently monitored by forums of the Senior Management and business and control areas.
RAS reinforces the dissemination of the risk culture by disclosing the main aspects of risk appetite of the Company to all its members.
Dimensions of Risk Appetite
For the many types of risks, whether measurable or not, the Company established control approaches, observing the main global dimensions:
Capital: the Company seeks to maintain, permanently, a solid capital base to support the development of activities and cope with the risks incurred (in normal situations or of stress), as well as to support any losses arising from non-measurable risks and make possible strategic acquisitions. To meet this goal, capital buffers were established, which are part of the framework of risk appetite, which are defined and approved by the Board of Directors. The Company has established that the Indexes of Basel, Level I, of Common Equity and Leverage Ratio should correspond at least to the regulatory cap, plus the current Equity buffer.
Liquidity: the Company aims to effectively comply with its obligations through diversified and low cost sources of funding to provide a cash structure compatible with the size of its obligations; thus, ensuring survival even in adverse scenarios without affecting its daily operations and incurring significant losses.
For this dimension, indicators were established for short- and long-term monitoring. The Short-Term Liquidity Coverage Ratio (LCR) corresponds to the ratio between the stock of High-Quality Liquidity Assets (HQLA) and the total number of outflows of cash, calculated according to the standardized stress by the Central Bank of Brazil. Now the Indicator of Long-Term Liquidity – NSFR (Net Stable Funding Ratio) corresponds to the ratio between the stable funding available and the stable funding necessary.
Profitability: the Company prioritizes diligence for the sustainable growth of its business and results and for the adequate remuneration of its equity, seeking to cover the remuneration expectation of its shareholders in relation to the risks assumed in their business.
The Company periodically monitors key performance indicators of the results by line of business, segments and products. On the basis of these monitoring, analyses, projections and studies are made in order to inform the business areas and Senior Management about the individual and consolidated results, thus allowing conscious decision making and strategic reviews.
[1] The Risk Committee, in relation to the RAS, has the following attributions: to assess the risk appetite levels set out in the Risk Appetite Statement (RAS) and the strategies for its management, taking risks into account individually and in an integrated manner; and b) to supervise compliance, by the institution’s Board of Executive Officers, with the terms of the RAS.
Loan: the Company focus on domestic customers, on diversified and dispersed manner, in terms of products and segments, aiming at the security and quality of the portfolio, with guarantees consistent with the risks assumed, considering the amounts, purposes and terms of loans granted, maintaining proper levels of provisions and concentrations.
The monitoring of credit risk is accomplished through continuous monitoring of portfolios and exhibitions, with assessment of the evolution of their volumes, delinquency, provisioning, studies of harvests, and equity, among others. Additionally, the Company has a structured process of governance of limits of liability for approval of credit operations and recovery.
In relation to the risk appetite, metrics were defined to monitor the concentration limits of operations for the Economic Group, Sector and Transfer (concentration per country). In addition to the indicators of concentration, a specific indicator was established for the level of delinquencies above 90 days for Individuals (PF), an indicator of Margin of Economic Capital of Credit Risk, in order to monitor and track the capital in the economic and regulatory visions, and an indicator of the percentage of Troubled Assets.
Market: the Company aims to align the exposures to the strategic guidelines, with specific limits established on independent basis and with risks mapped, measured and classified as to the probability and magnitude.
The Company monitors and controls the possibility of financial losses due to fluctuating prices and interest rates of the financial instruments, as its asset and liability portfolios may have mismatched maturities, currencies and indexes. Considering the dynamics of this type of risk and the characteristics of each investment portfolio, various limits of risks and results were established.
For the Trading portfolio the indicators of Value at Risk (VaR), Stress Scenarios for a month and of Monthly and Quarterly Result are part of the risk appetite. For the Banking portfolio, the ΔEVE Internal Model; ΔEVE Outlier test; and ΔNII Internal Model and follow-up of the positions market evaluated.
Operational: the Company aims to provide assurance with regard to appropriately carrying out its business in accordance with laws regulations and policies, ensuring that processes are covered by efficient controls.
In view of the wide range of products and services offered, as well as the significant volume of activities and operations made, the Company can incur operating losses resulting from flaws, deficiency or inadequacy of internal processes, people and systems, or from external events.
In this sense, in the context of the Prudential Conglomerate, the Company established limits of appetite and tolerance for operating losses, which are monitored on a monthly basis. Additionally, an indicator for monitoring the availability of the main channels of customer service and systems has been defined, aiming to provide continuous readiness in the customer service.
Reputation: the Company monitors its reputation as perceived by customers, employees, regulatory authority, investors and the market in general, aiming to ensure the timely identification and assessment of potential sources of this risk and act preventively to mitigate them.
The control of reputation risk aims to ensure that the Company evaluates and monitors the perception of various stakeholders in order to identify potential sources of risk in reputation and act in a timely manner to mitigate it.
The control of this risk is performed by means of a Consolidated Index of Reputation, which is subdivided into dimensions under which it is possible to determine the reputation of the Company as perceived by customers, employees, regulatory authority, investors and the market in general.
Model: the Company uses models to support the decision-making, preparation of financial reports and regulations, and to provide predictive information in several areas of the business. In this context, the Company recognizes the existence of the risk associated with the use of the models and importance of its management process.
The Company carries out the management and control of the model risk by means of assessment, inventory and classification of relevance and model risk, backed by processes of governance.
Qualitative Risk: in addition to the risks described above, the Company is exposed to the risks of Third Party, Strategy, Socio-environmental, Underwriting, Cyber Security and Compliance. These risks are managed by means of processes and a governance structure that is composed of Departmental Committees, executive committees and Senior Management. The management of these risks has the backing of policies, standards and procedures that contribute to their proper management and control.
Risk and Capital Management Structures
Risk and capital management structures also comprise various committees, commissions and departments that support the Board of Directors, the Chief Executive Officer, the Chief Risk Officer and the Board of Executive Officers of the Company in decision-making.
The Company has the Integrated Risk and Capital Allocation Management Committee – COGIRAC, whose duty is to advise the Director-CEO in performing its duties, related to the management and control of all risks, and to the capital of the Company.
COGIRAC are supported by the following executive committees: a) Risk Monitoring, b) Risk Management, c) PLDFT/Sanctions and Information Security/Cyber Executive Committee and d) Risk Management, Actuarial Control and Compliance of Bradesco Seguros. In addition, it also is supported by the Products and Services Executive Committee and the executive committees in business areas, which, among other duties, suggest exposure thresholds for their respective risks and prepare mitigation plans to be submitted to COGIRAC and to the Board of Directors.
In addition, it is the responsibility of the Risk Committee to assess the structure of the Company’s risk management and occasionally propose improvements as well as to advise the Board of Directors in the performance of its assignments related to the management and control of risks and capital.
In this structure, the Integrated Risk Control Department (DCIR), whose mission is to promote and to implement risk control and capital allocation through robust practices and certification of existence, execution and effectiveness of controls which assure acceptable risk levels in the Company’s processes, independently, consistently, on a transparent and integrated manner stands out. This Department is also responsible for complying with the Central Bank of Brazil rules for risk management activities.
Stress Test Program
The risk management structure has a stress test program defined as a coordinated set of processes and routines, containing own methodologies, documentation and governance, whose principal purpose is to identify potential vulnerabilities of the institution. Stress tests are exercises of prospective evaluation of the potential impacts of adverse events and circumstances on capital, on liquidity or on the value of a portfolio of the Company.
In the Program of Stress Tests, the scenarios are designed by the Department of Research and Economic Studies – DEPEC and discussed with the Business areas, DCIR, Department of Controllership, among other areas. The scenarios and results are discussed and approved in specific governance for this theme, where they are validated by COGIRAC. Afterwards, they are submitted for assessment by the Risk Committee and deliberated by the Board of Directors, which beyond these scenarios and results of the stress tests, is the responsible for the approval of the program and for the directives to be followed.
Stress tests are used as a tool for managing risks: in its identification, measurement, evaluation, monitoring, control and mitigation of risks of the institution. The results of stress tests are used for evaluation of capital and liquidity levels of the institution, for preparation of the respective contingency plans, for evaluation of the capital adequacy and for the recovery plan. Similarly, the results are considered in the decisions related to strategic guidelines, definition of the levels and limits of risk appetite applied to the management of risks and capital, as well as in the definition of governance actions aimed at mitigation of risks identified by aligning them to the risk appetite of the Company.
Capital Management Corporate Process
The Capital Management provides the conditions required to meet the Company’s strategic goals to support the risks inherent to its activities. In this way, it adopts a forward-looking stance when elaborating its capital plan, anticipating the need for capital for the next three (3) years, as well as establishing procedures and contingency actions to be considered in adverse scenarios.
The Company manages capital in line with the strategic guidelines, involving the control and business areas, in accordance with the guidelines of the Board of Executive Officers and Board of Directors. The structure of Capital Management Governance, Internal Capital Adequacy Assessment Process (ICAAP) and Recovery Plan is composed by Commissions, Committees and its highest-level body is the Board of Directors.
The Controllership Department ensures compliance with the stipulations of the Central Bank of Brazil pertaining to capital management activities and assistance to the Senior Management by providing analyses and projections of capital requirements and availability, identifying threats and opportunities that help plan the sufficiency and optimization of capital levels.
The Company also has a Recovery Plan, delivered to the Central Bank of Brazil in December of each year and approved by the Board of Directors in accordance with CMN Resolution No. 4,502, of June 30, 2016, establishing procedures for the preparation of recovery plans, in order to maintain adequate levels of capital and liquidity in situations of severe stress in financial institutions considered systemically important.
Reference Equity Adequacy
The Reference Equity (RE) adequacy is verified daily to ensure that the Company maintains a solid capital base in normal situations or in extreme market conditions and complying with regulatory requirements.
The objective of the Central Bank of Brazil is that the financial institutions permanently maintain capital and additional Reference Equity Tier I (Conservation, Systemic and Countercyclical) compatible with the risks from their activities. The risks are represented by Risk-Weighted Assets (RWA), which is calculated based on, at least, the sum of credit, market and operational risk components. Additionally, the Company must maintain enough RE to meet the interest rate risk from operations not included in the trading portfolio (Banking Portfolio’s interest rate risk).
Capital Sufficiency
The capital management process is aligned with the strategic planning and is forward looking, anticipating any changes in the economic and commercial environment conditions in which the Company operates.
The Company’s capital management aims at permanently ensuring a sound capital composition to support the development of its activities and to ensure adequate coverage of risks incurred. The Company maintains a managerial capital margin (buffer), which is added to the minimum regulatory requirements.
The management buffer is defined according to the market practices and the regulatory requirements, observing aspects such as additional impacts generated by stress scenarios, qualitative risks and risks not captured by the regulatory model.
The Company’s regulatory capital sufficiency is monitored by periodically calculating the Basel Ratio, Tier I Ratio and Common Equity Ratio.
Capital Forecast
The Capital Management area is responsible for making simulations and projections of the Company’s capital, in accordance with the strategic guidelines, the impacts arising from variations and trends of the economic and business environment as well as regulatory changes. The results from the projections are submitted to the Senior Management, pursuant to the governance established.
The projections for the next three years have adequate levels of Capital Ratios, considering the incorporation of net income and the evolution of the need for capital.
Analysis of Reference Equity (RE), Capital Ratios and Liquidity
The following table presents the main metrics established by prudential regulation, such as regulatory capital, leverage ratio and liquidity indicators:
The minimum regulatory requirements determined by Central Bank of Brazil are presented below:
1 The Total Capital Ratio, the Tier I Ratio and the Common Equity Tier I Ratio encompass the Additional CET1 buffer requirements of Conservation, Systemic and Countercyclical, as per the CMN Resolution 4,193/13 and BCB Circular 3,768/15 and 3,769/15, respectively. The CMN Resolution 4,783/20, effective as of April, 2020, establishes the reduction of the conservation capital buffer requirement from 2.5% to 1.25%, for a period of one year and after this period, the requirement will be gradually reinstated until March 31, 2022 at the level of 2.5%.
Breakdown of Risk-Weighted Assets (RWA)
The following table presents information on the amount of RWA used to determine the minimum RE requirement, as established in art. 4 of CMN Resolution No. 4,193/13:
Credit risk refers to the possibility of losses associated with the borrower’s or counterparty’s failure to comply with their financial obligations under the terms agreed, as well as the fall in value of loan agreements resulting from deterioration in the borrower’s risk rating, the reduction in gains or remunerations, benefits granted to borrowers in renegotiations, recovery costs and other costs related to the counterparty’s noncompliance with the financial obligations. Additionally, it includes the concentration risk and the country/transfer risk.
Credit risk management in the Company is a continuous and evolving process of mapping, development, assessment and diagnosis through the use of models, instruments and procedures that require a high degree of discipline and control during the analysis of transactions in order to preserve the integrity and autonomy of the processes.
The Company controls the exposure to credit risk which comprises mainly loans and advances, loan commitments, financial guarantees provided, securities and derivatives.
With the objective of not compromising the quality of the portfolio, all aspects inherent to credit concession, concentration, guarantee requirements and terms, among others, are observed.
The Company continuously maps the activities that could possibly generate exposure to credit risk, classifying them by their probability and magnitude, identifying their managers and mitigation plans. Counterparty Credit Risk
The counterparty credit risk to which the Company is exposed includes the possibility of losses due to the non-compliance by counterparties with their obligations relating to the settlement of financial asset trades involving bilateral flows, including the settlement of derivative financial instruments.
The Company exercises control over the replacement cost and potential future exposures from operations where there is counterparty credit risk. Thereby, each counterparty’s exposure referring to this risk is treated in the same way and is part of general credit limits granted by the Company’s to its customers.
In short, the Counterparty Credit Risk management covers the modeling and monitoring (i) of the consumption of the credit limit of the counterparties, (ii) of the portion of the adjustment at fair value of the portfolio of credit derivatives (CTF – Credit Value Adjustment) and (iii) of the respective regulatory and economic capital. The methodology adopted by the Company establishes that the credit exposure of the portfolio to certain counterparty can be calculated based on the Replacement Cost (RC) of its operations in different scenarios of the financial market, which is possible through the Monte Carlo simulation process.
In the context of risk management, the Company performs the calculation of economic capital for credit risk, in order to contemplate the portfolio of derivatives segragated by the counterpart both for the definition of the EAD (Exposure at Default) and the CVA (Credit Value Adjustment).
Also in this context, the Company conducts studies of projection of capital, for example of the Stress Test of the ICAAP (Evaluation of Capital Adequacy) and TEBU (Bottom-Up Stress Test). These are multidisciplinary programs involving minimally the areas of Business and Economic Departments, of Budget/Result and Risk.
Regarding the forms of mitigating the counterparty credit risk that the Company is exposed to, the most usual is the composition of guarantees as margin deposits and disposal of public securities, which are made by the counterparty with the Company or with other trustees, whose counterparty’s risks are also appropriately evaluated.
The calculation of the value of the exposure relating to credit risk of the counterpart arising from operations with derivative instruments subject to the calculation of the capital requirement through the standardized approach (RWACPAD) has been updated following the Central Bank of Brazil’s Circular No. 3,904/18.
Credit-Risk Management Process
The credit risk management process is conducted in a corporation-wide manner. This process involves several areas with specific duties, ensuring an efficient structure. Credit risk measurement and control are conducted in a centralized and independent manner.
Both the governance process and limits are validated by the Integrated Risk and Capital Allocation Management Committee, submitted for approval by the Board of Directors, and reviewed at least once a year.
The structure of credit risk management is part of the second line of the Company, several areas actively participate in improving the client risk rating models.
This structure continuously reviews the internal processes, including the roles and responsibilities and it training and requirements, as well as conducts periodical reviews of risk evaluation processes to incorporate new practices and methodologies.
Credit Concession
The Company’s strategy is to maintain a wide client base and a diversified credit portfolio, both in terms of products and segments, commensurate with the risks undertaken and appropriate levels of provisioning and concentration.
Under the responsibility of the Credit Department, lending procedures are based on the Company’s credit policy emphasizing the security, quality and liquidity of the lending. The process is guided by the risk management governance and complies with the rules of the Central Bank of Brazil.
The methodologies adopted value business agility and profitability, with targeted and appropriate procedures oriented to the granting of credit transactions and establishment of operating limits.
In the evaluation and classification of customers or economic groups, the quantitative (economic and financial indicators) and qualitative (personal data and behaviors) aspects associated with the customers capacity to honor their obligations are considered.
All business proposals are subject to operational limits, which are included in the Loan Guidelines and Procedures. At branches, the delegation of power to grant a loan depends on its size, the total exposure to the Company, the guarantees offered, the level of restriction and their credit risk score/rating. Business proposals with risks beyond these limits are subject to technical analysis and approval of by the Credit Department.
In its turn, the Executive Credit Committee was created to decide, within its authority, on queries about the granting of limits or loans proposed by business areas, previously analyzed and with opinion from the Credit Department. According to the size of the operations/limits proposed, this Committee, may then submit the proposal for approval by the Board of Directors.
Loan proposals pass through an automated system with parameters set to provide important information for the analysis, granting and subsequent monitoring of loans, minimizing the risks inherent in the operations.
There are exclusive Credit and Behavior Scoring systems for the assignment of high volume, low principal loans in the Retail segment, meant to provide speed and reliability, while standardizing the procedures for loan analysis and approval.
Business is diversified wide-spread and aimed at individuals and legal entities with a proven payment capacity and solvency, seeking to support them with guarantees that are adequate to the risk assumed, considering the amounts, objectives and the maturities of loan granted.
Credit Risk Rating
The Company has a process of Governance practices and follow-ups. Practices include the Governance of Concession Limits and Credit Recovery, which, depending on the size of the operation or of the total exposure of the counterpart, require approval at the level of the Board of Directors. In addition, follow-ups are made frequently of the portfolio, with evaluations as to their evolution, delinquency, provisions, vintage studies, and capital, among others.
In addition to the process and governance of limits for approval of credit and recovery, in the risk appetite defined by the Company, the concentration limits of operations for the Economic Group, Sector and Transfer (concentration per countries) are monitored. In addition to the indicators of concentration, a specific indicator was established for the level of delinquencies above 90 days for Individuals (PF), the indicator of problem asset and an indicator of Margin of Economic Capital of Credit Risk, in order to monitor and track the capital in the economic and regulatory visions.
The credit risk assessment methodology, in addition to providing data to establish the minimum parameters for lending and risk management, also enables the definition of Special Credit Rules and Procedures according to customer characteristics and size. Thus, the methodology provides the basis not only for the pricing of operations, but also for defining the guarantees.
The methodology used also follows the requirements established by the Resolution No. 4,327 of the National Monetary Council and includes analysis of social and environmental risk in projects, aimed at evaluating customers’ compliance with related laws and the Equator Principles, a set of rules that establish the minimum social and environmental criteria which must be met for lending.
In accordance with its commitment to the continuous improvement of methodologies, the credit risk rating of operations contracted by the Company’s economic groups/ customers is distributed on a graduation scale in levels. This ensures greater adherence to the requirements set forth in the Basel Capital Accord and preserves the criteria established by Resolution No. 2,682 of the National Monetary Council for the constitution of the applicable provisions.
In a simplified manner, the risk classifications of the operations are determined on the basis of the credit quality of economic groups/ customers defined by the Customer Rating, warranties relating to the contract, modality of the credit product, behavior of delinquencies in the payment, notes/restrictions and value of credit contracted.
Customer rating for economic groups are based on standardized statistical and judgmental procedures, and on quantitative and qualitative information. Classifications are carried out by economic group and periodically monitored in order to preserve the quality of the loan portfolio.
For individuals, in general, Customer Ratings are also based on statistical procedures and analysis of variables that discriminate risk behavior, this is done through the application of statistical models for credit evaluation.
The Customer Rating is used, in sets with several decision variables, to analyze the granting and/or renewal of operations and credit limits, as well as for monitoring the deterioration of the customers' risk profile.
Control and Monitoring
The credit risk of the Company has its control and corporate follow-up performed in the Credit Risk area of the Integrated Risk Control Department – DCIR. The Department advises the Executive Committee on Risk Management, where methodologies for measuring credit risk are discussed and formalized. Significant issues discussed in this Committee are reported to the Integrated Risk and Capital Allocation Management Committee, which is subordinate to the Board of Directors.
In addition to committee meetings, the area holds monthly meetings with all product and segment executives and officers, with a view to inform them about the evolution of the loan portfolio, delinquency, troubled assets, restructurings, credit recoveries, losses, limits and concentrations of portfolios, allocation of economic and regulatory capital, among others. This information is also reported to the Audit Committee on a monthly basis.
The area also monitors any internal or external event that may cause a significant impact on the Company’s credit risk, such as spin-offs, bankruptcies and crop failures, in addition to monitoring economic activity in the sectors to which the company has significant risk exposures.
Internal Report
Credit risk is monitored on a daily basis in order to maintain the risk levels within the limits established by the Company. Managerial reports on risk control are provided to all levels of business, from branches to Senior Management.
With the objective of highlighting the risk situations that could result in the customers’ inability to honor its obligations as contracted, the credit risk monitoring area provides daily reports, to the branches, national managers, business segments, as well as the lending and loan recovery areas. This system provides timely information about the loan portfolios and credit bureau information of customers, in addition to enabling comparison of past and current information, highlighting points requiring a more in-depth analysis by managers, such as assets by segment, product, region, risk classification, delinquency and expected and unexpected losses, among others, providing both a macro-level and detailed view of the information, and also enabling a specific loan operation to be viewed.
The information is viewed and delivered via dashboards, allowing queries at several levels such as business segment, divisions, managers, regions, products, employees and customers, and under several aspects (asset, delinquency, provision, write-off, restriction levels, guarantees, portfolio quality by rating, among others).
Measurement of Credit Risk
Periodically, the Company evaluates the expected credit losses from financial assets by means of quantitative models, considering the historical experience of credit losses of the different types of portfolio (which can vary from 2 to 7 years), the current quality and characteristics of customers, operations, and mitigating factors, according to processes and internal governance.
The actual loss experience has been adjusted to reflect the differences between the economic conditions during the period in which the historical data was collected, current conditions and the vision of the Company about future economic conditions, which are incorporated into the measurement by means of econometric models that capture the current and future effects of estimates of expected losses. The main macroeconomic variables used in this process are the Brazilian interest rates, unemployment rates, inflation rates and economic activity indexes.
The estimate of expected loss of financial assets is divided into three categories (stages): · Stage 1: Financial assets with no significant increase in credit risks; · Stage 2: Financial assets with significant increase in credit risks; and · Stage 3: Financial assets that are credit impaired.
The significant increase of credit risk is evaluated based on different indicators for classification in stages according to the customers’ profile, the product type and the current payment status, as shown below:
Retail and Wholesale Portfolios:
The expected losses are based on the multiplication of credit risk parameters: Probability of default (PD), Loss due to default (LGD) and Exposure at default (EAD).
The PD parameter refers to the probability of default perceived by the Company regarding the customer, according to the internal models of evaluation, which, in retail, use statistical methodologies based on the characteristics of the customer, such as the internal rating and business segment, and the operation, such as product and guarantee and, in the case of wholesale, they use specialist models based on financial information and qualitative analyses.
The LGD refers to the percentage of loss in relation to exposure in case of default, considering all the efforts of recovery, according to the internal model of evaluation that uses statistical methodologies based on the characteristics of the operation, such as product and guarantee. Customers with significant exposure have estimates based on individual analyses, which are based on the structure of the operation and expert knowledge, aiming to capture the complexity and the specifics of each operation.
EAD is the exposure (gross book value) of the customer in relation to the Company at the time of estimation of the expected loss. In the case of commitments or financial guarantees provided, the EAD will have the addition of the expected value of the commitments or financial guarantees provided that they will be converted into credit in case of default of the loan or credit rather than the customer.
Credit Risk Exposure
We present below the maximum credit risk exposure of the financial instruments:
The Company's maximum exposure to credit risk reached R$ 1,978,502,170 thousand on December 31, 2021, an increase of 7.1% compared to December 2020.
Of this exposure, R$ 108,601,632 thousand, that is, 5.5% of the total refers to cash and cash equivalents with banks, composed mainly of resources deposited at the Central Bank of Brazil, classified as low credit risk.
Financial assets at fair value through profit or loss (17.0% of total exposure) have mostly low credit risk, are mainly composed of securities issued by the Brazilian government recorded at fair value and also include derivative financial instruments.
Financial assets at fair value through other comprehensive income total R$ 193,516,537 thousand (9.8% of total exposure), are recorded at market value, being mostly represented by Brazilian government bonds, for more details on these assets, see note 21.
Loans and advances to financial institutions, which account for 4.2% of the total, are basically composed of reverse repurchase agreements and classified as low credit risk.
Loans and advances to customers represent 31.0% of the total exposure, for more details on these assets and the respective expected loss, see note 23.
Securities at amortized cost represent 9.3% of the total, for more details on these assets, see note 24.
Operations classified as “Other financial assets” represent 3.3% of the total and basically comprise foreign exchange operations and guarantee deposits.
As of December 31, 2021, loan commitments and financial guarantees total R$ 393,804,152 thousand, representing 19.9% of the total exposure.
Loans and advances to customers
Concentration of credit risk
By Economic Activity Sector
The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterparty operates.
Credit Risk Mitigation
Potential credit losses are mitigated by the use of a variety of types of collateral formally stipulated through legal instruments, such as conditional sales, liens and mortgages, by guarantees such as third-party sureties or guarantees, and also by financial instruments such as credit derivatives. The efficiency of these instruments is evaluated considering the time to recover and realize an asset given as collateral, its market value, the guarantors’ counterparty risk and the legal safety of the agreements. The main types of collateral include: term deposits; financial investments and securities; residential and commercial properties; movable properties such as vehicles, aircraft. Additionally, collateral may include commercial bonds such as invoices, checks and credit card bills. Sureties and guarantees may also include bank guarantees.
Credit derivatives are bilateral contracts in which one counterparty hedges credit risk on a financial instrument – its risk is transferred to the counterparty selling the hedge. Normally, the latter is remunerated throughout the period of the transaction. In the case default by the borrower, the buying party will receive a payment intended to compensate for the loss in the financial instrument. In this case, the seller receives the underlying asset in exchange for said payment. The table below shows the fair value of guarantees of loans and advances to customers.
The table below shows the fair value of guarantees of loans and advances to customers.
(1) Of the total balance of loan operations, R$374,688,000 (2020 – R$354,814,000 thousand) refers to operations without guarantees.
Market risk is represented by the possibility of financial loss due to fluctuating prices and market interest rates of the Company’s financial instruments, such as your asset and liability transactions that may have mismatched amounts, maturities, currencies and indexes.
Market risk is identified, measured, mitigated, controlled and reported. The Company’s exposure to market risk profile is in line with the guidelines established by the governance process, with limits monitored on a timely basis independently of the business areas.
All transactions that expose the Company to market risk are identified, measured and classified according to probability and magnitude, and the whole process is approved by the governance structure.
The Board of Directors approved the Market and Liquidity Risk Management Policy, which is reviewed at least annually by the relevant Committees and by the Board of Directors itself, and provides the main guidelines for acceptance, control and management of market risk.
In addition to the policy, the Company has specific rules to regulate the market risk management process, as follows:
Market Risk Management Process
The market risk management process is a corporation wide process, comprising from business areas to the Board of Directors; it involves various areas, each with specific duties in the process. The measurement and control of market risk is conducted in a centralized and independent manner. This process permits that the Company be the first financial institution in the country authorized by the Central Bank of Brazil to use its internal market risk models to calculate regulatory capital requirements since January 2013. This process is also revised at least once a year by the Committees and approved the Board of Directors itself.
Determination of Limits
Proposed market-risk limits are validated by specific Committees and submitted for approval by the Integrated Risk and Capital Allocation Management Committee, and then for approval by the Board of Directors. Based on the business’ characteristics, they are segregated into the following Portfolios:
Trading Portfolio: it comprises all financial instruments held-for-trading, including derivatives, or used to hedge other instruments in the Trading Portfolio, which have no trading restrictions. Held-for-trading operations are those intended for resale, to obtain benefits from actual or expected price variations, or for arbitrage.
The risks of this portfolio are monitored through:
Banking Portfolio: it comprises operations not classified in the Trading Portfolio, arising from Group’s other businesses and their respective hedges. Portfolio risks in these cases are monitored by:
Market-Risk Measurement Models
Market risk is measured and controlled using Stress, Value at Risk (VaR), Economic Value Equity (EVE), Net Interest Income (NII) and Sensitivity Analysis methodologies, as well as limits for the Management of Results and Financial Exposure.
Trading and Regulatory Portfolio
Trading Portfolio risks are mainly controlled by the Stress and VaR methodologies. The Stress methodology quantifies the negative impact of extreme economic shocks and events that are financially unfavorable to the Company’s positions. The analysis uses stress scenarios prepared by the Market Risk area and the Company’s economists based on historical and prospective data for the risk factors in which the Company portfolio.
The methodology adopted to calculate VaR is the Delta-Normal, with a confidence level of 99% and considering the number of days necessary to unwind the existing exposures. The methodology is applied to the Trading and Regulatory Portfolio (Trading Portfolio positions plus Banking Portfolio foreign currency and commodities exposures). It should be noted that for the measurement of all the risk factors of the portfolio of options are applied the historical simulation models and Delta-Gamma-Vega, prevailing the most conservative between the two. A minimum 252-business-day period is adopted to calculate volatilities, correlations and historical returns.
For regulatory purposes, the capital requirements relating to shares held in the Banking Portfolio are determined on a credit risk basis, as per Central Bank of Brazil resolution, i.e., are not included in the market risk calculation.
Risk of Interest Rate in the Banking Portfolio
The measurement and control of the interest-rate risk in the Banking Portfolio area is mainly based on the Economic Value of Equity (EVE) and Net Interest Income (NII) methodologies, which measure the economic impact on the positions and the impact in the Company’s income, respectively, according to scenarios prepared by the Company’s economists. These scenarios determine the positive and negative movements of interest rate curves that may affect Company’s investments and capital-raising.
The EVE methodology consists of repricing the portfolio exposed to interest rate risk, taking into account the scenarios of increases or decreases of rates, by calculating the impact on present value and total term of assets and liabilities. The economic value of the portfolio is estimated on the basis of market interest rates on the analysis date and of scenarios projected. Therefore, the difference between the values obtained for the portfolio will be the Delta EVE.
In the case of the NII – Interest Earning Portion, the methodology intends to calculate the Company’s variation in the net interest income (gross margin) due to eventual variations in the interest rate level, that is, the difference between the calculated NII in the base scenario and the calculated NII in the scenarios of increase or decrease of the interest rate will be Delta NII.
For the measurement of interest rate risk in the Banking Portfolio, behavioral premises of the customers are used whenever necessary. As a reference, in the case of deposits and savings, which have no maturity defined, studies for the verification of historical behaviors are carried out as well as the possibility of their maintenance. Through these studies, the stable amount (core portion) as well as the criterion of allocation over the years are calculated.
Financial Instrument Pricing
The Mark-to-Market Commission (CMM), is responsible for approving or submitting mark-to-market models to the Market and Liquidity Risk Commission. CMM is composed of business, back-office and risk representatives. The risk area is responsible for the coordination of the CMM and for the submission of matters to the Executive Committee for Risk Management for reporting or approval, whichever is the case.
Whenever possible, the Bank uses prices and quotes from the securities, commodities and futures exchange and the secondary markets. Failing to find such market references, prices made available by other sources (such as Bloomberg, Reuters and Brokerage Firms) are used. As a last resort, proprietary models are used to price the instruments, which also follow the same CMM approval procedure and are submitted to the Company’s validation and assessment processes.
Fair value criteria are periodically reviewed, according to the governance process, and may vary due to changes in market conditions, creation of new classes of instruments, establishment of new sources of data or development of models considered more appropriate.
The financial instruments to be included in the Trading Portfolio must be approved by the Treasury Executive Committee or the Product and Service Executive Committee and their pricing criteria must be defined by the CMM.
The following principles for the fair value process are adopted by the Company:
Control and Follow-Up
Market risk is controlled and monitored by an independent area, the DCIR, which, on a daily basis, measures the risk of outstanding positions, consolidates results and prepares reports required by the existing governance process.
In addition to daily reports, Trading Portfolio positions are discussed once every fifteen days by the Treasury Executive Committee, while Banking Portfolio positions and liquidity reports are examined by the Asset and Liability Management Treasury Executive Committee.
At both meetings, results and risks are assessed and strategies are discussed. Both the governance process and the existing thresholds are ratified by the Integrated Risk Management and Capital Allocation Management Committee and submitted to approval of the Board of Directors, which are revised at least once a year.
Should any threshold controlled by the DCIR be exceeded, the head of the business area responsible for the position is informed that threshold was reached, and the Integrated Risk and Capital Allocation Management Committee is called in timely fashion to make a decision. If the Committee decides to raise the threshold and/or maintain the positions, the Board of Directors is called to approve the new threshold or revise the position strategy.
Internal Communication
The market risk department provides daily managerial control reports on the positions to the business areas and Senior Management, in addition to weekly reports and periodic presentations to the Board of Directors.
Reporting is conducted through an alert system, which determines the addressees of risk reports as previously determined risk threshold percentage is reached; therefore, the higher the risk threshold consumption, more Senior Management members receive the reports.
Hedging and Use of Derivatives
In order to standardize the use of financial instruments as hedges of transactions and the use of derivatives by the Treasury Department, the Company created specific procedures that were approved by the competent Committees.
The hedge transactions executed by Bradesco’s Treasury Department must necessarily cancel or mitigate risks related to unmatched quantities, terms, currencies or indexes of the positions in the Treasury books, and must use assets and derivatives authorized to be traded in each of their books to:
For derivatives classified in the “hedge accounting” category, there is a monitoring of: (i) strategy effectiveness, through prospective and retrospective effectiveness tests, and (ii) mark-to-market of hedge instruments.
Cash flow Hedge
On December 31, 2021, Bradesco maintained cash flow hedges. See more details in Note 20.
Standardized and “Continuous Use” Derivatives
Company’s Treasury Department may use standardized (traded on an exchange) and “continuous use” (traded over-the-counter) derivatives for the purpose of obtaining income or as hedges. The derivatives classified as “continuous use” are those habitually traded over-the-counter, such as vanilla swaps (interest rates, currencies, Credit Default Swap, among others), forward operations (currencies, for example) and vanilla options (currency, Bovespa Index), among others. Non-standardized derivatives that are not classified as “continuous use” or structured operations cannot be traded without the authorization of the applicable Committee.
Evolution of Exposures
In this section are presented the evolution of financial exposure, the VaR calculated using the internal model and its backtesting and the Stress Analysis.
Financial Exposure – Trading Portfolio (Fair Value)
VaR Internal Model – Trading Portfolio
The 1-day VaR of Trading Portfolio net of tax effects was R$ 3,596 thousand as of December 31, 2021, with Equities as the largest risk factor participation of the portfolio. Schedule of trading portfolio of tax
VaR Internal Model – Regulatory Portfolio
The capital is calculated by the normal delta VaR model based in Regulatory Portfolio, composed by Trading Portfolio and the Foreign Exchange Exposures and the Commodities Exposure of the Banking Portfolio. In addition, the historical simulation and the Delta–Gamma–Vega models of risk are applied to measure all risk factors to an options portfolio, whichever is the most conservative, whereby this risk of options is added to the VaR of the portfolio. In this model, risk value is extrapolated to the regulatory horizon[2] (the highest between 10 days and the horizon of the portfolio) by the ‘square root of time’ method. VaR and Stressed VaR shown below refer to a ten-day horizon and are net of tax effects.
Note: Ten-day horizon VaR net of tax effects.
To calculate regulatory capital requirement according to the internal model, it is necessary to take into consideration the rules described by Central Bank Circular Letters No. 3,646/13 and No. 3,674/13, such as the use of VaR and Stressed VaR net of tax effects, the average in the last 60 days and its multiplier.
VaR Internal Model – Backtesting
The risk methodology applied is continuously assessed using backtesting techniques, which compare the one-day period VaR with the hypothetical P&L, obtained from the same positions used in the VaR calculation, and with the effective P&L, also considering the intraday operations for which VaR was estimated.
The main purpose of backtesting is to monitor, validate and assess the adherence of the VaR model, and the number of exceptions that occurred must be compatible with the number of exceptions accepted by the statistical tests conducted and the confidence level established. Another objective is to improve the models used by the Company, through analyses carried out with different observation periods and confidence levels, both for Total VaR and for each risk factor.
[2] The maximum amount between the book’s holding period and ten days, which is the minimum regulatory horizon required by Central Bank of Brazil, is adopted.
The daily results corresponding to the last 250 business days, in the hypothetical and effective views, exceeded the respective VaR with a 99% confidence level three times in 2021 and, in 2020 the daily results corresponding to the last 250 business days exceed their VaR with a 99% confidence level five times.
Stress Analysis – Trading Portfolio
The Company also assesses on a daily basis, the possible impacts on positions in stress scenarios for the next 20 business days, with limits established in the governance process. Thus, considering the effect of diversification between the risk factors and the tax effects.
Note: Values net of tax effects.
Sensitivity Analysis of Financial Exposures
The sensitivity analysis of the Company’s financial exposures (Trading and Banking Portfolios) is performed on a quarterly basis and carried out based on the scenarios prepared for the respective dates, always taking into consideration market inputs available at the time and scenarios that would adversely impact our positions. As of December 31, 2021, the scenarios were:
Scenario 1: Based on market information (B3, Anbima, etc.), stresses were applied for 1 basis point on the interest rate and 1.0% variation on prices. For example: for a Real/US dollar exchange rate of R$5.54 a scenario of R$5.60 was used, while for a 1-year fixed interest rate of 11.80%, a scenario of 11.81% was applied;
Scenario 2: 25.0% stresses were determined based on market information. For example: for a Real/US dollar exchange rate of R$5.54 a scenario of R$6.93 was used, while for a 1-year fixed interest rate of 11.80%, a 14.74% scenario was applied. The scenarios for other risk factors also accounted for 25.0% stresses in the respective curves or prices; and
Scenario 3: 50.0% stresses were determined based on market information. For example: for a Real/US dollar quote of R$5.54 a scenario of R$8.31 was used, while for a 1-year fixed interest rate of 11.80%, a 17.69% scenario was applied. The scenarios for other risk factors also account for 50.0% stresses in the respective curves or prices.
The results show the impact for each scenario on a static portfolio position. The dynamism of the market and portfolios means that these positions change continuously and do not necessarily reflect the position demonstrated here. In addition, the Company has a continuous market risk management process, which is always searching for ways to mitigate the associated risks, according to the strategy determined by Management. Therefore, in cases of deterioration indicators in a certain position, proactive measures are taken to minimize any potential negative impact, aimed at maximizing the risk/return ratio for the Company. Sensitivity Analysis – Trading Portfolio
Presented below, the Sensitivity Analysis – Trading and Banking Portfolios.
Sensitivity Analysis – Trading and Banking Portfolios
(1) Values net of taxes.
The Liquidity Risk is represented by the possibility of the institution not being able to efficiently meet its obligations, without affecting its daily operations and incurring significant losses, as well as the possibility of the institution to fail to trade a position at market price, due to its larger size as compared to the volume usually traded or in view of any market interruption.
The understanding and monitoring of this risk are crucial to enable the Company to settle operations in a timely manner.
Liquidity Risk Management Process
The liquidity risk management is executed by the Company at the corporate level and permeates all layers of governance. The following are the responsibilities of the departments responsible for the management and control of liquidity risk:
Policies and Standards
The process of managing the liquidity risk is composed of policies and standards that establish criteria related to our diversification of funding sources of the Company.
The Liquidity Risk Management Policy ensures that there are rules, procedures and controls that ensure to the Company the appropriate level of liquidity and diversification of its funding.
In turn, the Liquidity Risk Standard for the Prudential Conglomerate describes procedures and controls of the Company for the liquidity risk, among them, the control of concentration of raising funds by product and counterpart.
In the executive committees of the Company concentrations of funding from product, counterpart and deadlines are reported.
Control and Monitoring
The liquidity risk management of the Company is performed using tools developed on platforms and validated by independent areas of the Company. Among the key metrics and indicators considered in the framework of liquidity risk, are:
Limits were established for the main metrics, which can be strategic (approved up to the level of the Board of Directors) or operational (approved by the Treasury Executive Committee for Asset and Liability Management), based on flags, which trigger different levels of governance according to the percentage of use (consumption) of their respective limits.
Liquidity Risk Mitigation
The governance established for the liquidity risk management includes a series of recommendations to mitigate the risk of liquidity, among the main strategies, are:
Stress Tests
Due to the dynamics and criticality of this theme, the management and control of liquidity risk should happen every day and be based on stress scenarios. In this way, the main metric used for the monitoring of the liquidity risk of the Prudential Conglomerate is the Short-term Liquidity Coverage Ratio (LCR), which measures the adequacy of liquid resources to honor the commitments in the next thirty days considering a scenario of stress. Therefore, the daily management is performed through the stress test.
In addition to the LCR and other metrics of monitoring, simulations of stress scenarios in the long-term are performed, within the integrated stress test program (ICAAP for example), also to evaluate a possible deterioration of liquidity indicators for different time horizons.
Contingency Plan
According to Article 38, paragraph II of Central Bank of Brazil’s Resolution No. 4,557 of February 23, 2017, all institutions should have a liquidity contingency plan. The liquidity contingency plan of the Company covers the following points:
Internal communication
Internal communication about liquidity risk, both between departments and between the different layers of internal governance is done through internal reports and committees involving both areas (Treasury and DCIR) and the Company's senior management.
Additionally, reports are distributed daily to the areas involved in management and control, as well as to senior management. Several analysis instruments are part of this process and are used to monitor liquidity, such as:
• Daily distribution of liquidity control instruments; • Automatic intraday update of liquidity reports for the proper management of the Treasury Department; • Preparation of reports with past and future movements, based on scenarios; • Daily verification of compliance with the minimum liquidity level; • Preparation of complementary reports in which the concentration of funding is presented by type of product, term and counterparty; and • Weekly reports to senior management with behavior and expectations regarding the liquidity situation.
The liquidity risk management process has an alert system, which determines the appropriate level of reporting of risk reports according to the percentage of use of the established limits. Thus, the lower the liquidity ratios, the higher levels of the Company receive the reports.
Undiscounted cash flows of financial liabilities
The table below presents the cash flows payable for non-derivative financial liabilities, covering the remaining contractual period to maturity as from the date of the consolidated statement of financial position. The values disclosed in this table represent the undiscounted contractual cash flows.
(1) Include, mainly, credit card transactions, foreign exchange transactions, negotiation and intermediation of securities, leases and capitalization bonds.
The assets available to meet all the obligations and cover the outstanding commitments include cash and cash equivalents, financial assets, loans and advances. Management may also cover unexpected cash outflows by selling securities and by having access to sources of additional funds, such as asset-backed-markets.
The cash flows that the Company estimates for these instruments may vary significantly from those presented. For example, it is expected that demand deposits of customers will maintain a stable or increasing balance, and it is not expected that these deposits will be withdrawn immediately.
In the Company, liquidity-risk management involves a series of controls, mainly related to the establishment of technical limits, with the ongoing evaluation of the positions assumed and the financial instruments used.
Undiscounted cash flows for derivatives
All the derivatives of the Company are settled at net value, and include:
The table below analyzes the derivative financial liabilities that will be settled at net value, grouped based on the period remaining from the reporting date to the respective maturity date. The values disclosed in the table are undiscounted cash flows.
Statement of financial position by maturities
The tables below show the financial assets and liabilities of the Company segregated by maturities used for the management of liquidity risks, in accordance with the remaining contractual maturities on the reporting date:
The tables below show the assets and liabilities of the Company segregated by current and non-current, in accordance with the remaining contractual maturities on the reporting date:
For financial instruments that are measured at fair value, disclosure of measurements is required according to the following hierarchical levels of fair value:
Quoted prices in active markets for identical assets or liabilities. Level 1 assets and liabilities include debt and equity securities and derivative contracts that are traded in an active market, as well as Brazilian government securities that are highly liquid and are actively traded in over-the-counter markets.
Valuation uses observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 2 assets and liabilities include derivative contracts whose value is determined using a pricing model with inputs that are observable in the market or can be derived principally from or corroborated by observable market data, including but not limited to yield curves, interest rates, volatilities, equity or debt prices and foreign exchange rates.
Valuation uses unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities normally include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant Management judgment or estimation. This category generally includes certain corporate and bank debt securities and certain derivative contracts. The main non-observable data used in the determination of the fair value are the spreads of credit that vary between 2% and 7%.
To fair value securities which have no consistent, regulatory updated, public price source, Bradesco uses models defined by the mark-to-market Commission and documented in the mark-to-mark manual for each security type. Through the use of methods and both mathematical and financial models which capture the effects and variations in the prices of financial assets classified as fair value, Bradesco is able to ascertain in a clear and consistent manner the determination of fair value of its Level 3 assets and liabilities.
The tables below present the composition of the financial assets and liabilities measured at fair value, classified using the hierarchical levels:
Derivative Assets and Liabilities
The Company’s derivative positions are determined using quantitative models that require the use of multiple inputs including interest rates, prices and indices to generate continuous yield or pricing curves and volatility factors. The majority of market inputs are observable and can be obtained, from B3 (principal source) and the secondary market. Exchange traded derivatives valued using quoted prices are classified within Level 1 of the valuation hierarchy. However, few classes of derivative contracts are listed on an exchange; those are classified as Level 2 or Level 3.
The yield curves are used to determine the fair value by the method of discounted cash flow, for currency swaps and swaps based on other risk factors. The fair value of futures and forward contracts is also determined based on quoted markets prices on the exchanges for exchanges-traded derivatives or using similar methodologies to those described for swaps. The fair value of options is determined using external quoted prices or mathematical models, such as Black-Scholes, using yield curves, implied volatilities and the fair value of the underlying asset. Current market prices are used to determine the implied volatilities. The fair values of derivative assets and liabilities also include adjustments for market liquidity, counterparty credit quality and other specific factors, where appropriate.
The majority of these models do not contain a high level of subjectivity as the methodologies used in the models do not require significant judgment and inputs to the model are readily observable from active quoted markets. Such instruments are generally classified within Level 2 of the valuation hierarchy.
Derivatives that have significant unobservable inputs to their valuation models are classified within Level 3 of the valuation hierarchy.
The table below presents a reconciliation of securities and derivative financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
The tables below show the gains/(losses) due to changes in fair value, including the realized and
unrealized gains and losses, recorded in the consolidated statement of income for Level 3 assets and liabilities:
Sensitivity analysis for financial assets classified as Level 3
(1) Values net of taxes.
The sensitivity analyses were carried out based on the scenarios prepared for the dates shown, always taking into consideration market inputs available at the time and scenarios that would adversely impact our positions, in accordance with the scenarios below:
Scenario 1: Based on market information (B3, Anbima, etc.), stresses were applied for 1 basis point on the interest rate and 1.0% variation on prices. For example: for a Real/US dollar exchange rate of R$5.54 a scenario of R$5.60 was used, while for a 1-year fixed interest rate of 11.80%, a 11.81% scenario was applied;
Scenario 2: 25.0% stresses were determined based on market information. For example: for a Real/US dollar exchange rate of R$5.54 a scenario of R$6.93 was used, while for a 1-year fixed interest rate of 11.80%, a 14.74% scenario was applied. The scenarios for other risk factors also had 25.0% stresses in the respective curves or prices; and
Scenario 3: 50.0% stresses were determined based on market information. For example: for a Real/US dollar quote of R$5.54 a scenario of R$8.31 was used, while for a 1-year fixed interest rate of 11.80%, a 17.69% scenario was applied. The scenarios for other risk factors also had 50.0% stresses in the respective curves or prices.
Financial instruments not measured at fair value
The table below summarizes the carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value, classified using the hierarchical levels:
(1) Amounts of loans and receivables are presented net of the provision for impairment losses.
Below we list the methodologies used to determine the fair values presented above:
Loans and advances to financial institutions: Fair values were estimated for groups of similar loans based upon type of loan, credit quality and maturity. Fair value for fixed-rate transactions was determined by discounted cash flow estimates using interest rates approximately equivalent to our rates for new transactions based on similar contracts. Where credit deterioration has occurred, estimated cash flows for fixed and floating-rate loans have been reduced to reflect estimated losses.
Loans and advances to customers: The fair values for performing loans are calculated by discounting scheduled principal and interest cash flows through maturity using market discount rates and yield curves that reflect the credit and interest rate risk inherent to the loan type at each reporting date. The fair values for impaired loans are based on discounting cash flows or the value of underlying collateral.
The non-performing loans were allocated into each loan category for purposes of calculating the fair-value disclosure. Assumptions regarding cash flows and discount rates are based on available market information and specific borrower information.
Bonds and securities at amortized cost: Financial assets are carried at amortized cost. Fair values are estimated according to the assumptions described in Note 2(d). See Note 24 regarding the amortized cost.
Deposits from banks and customers
The fair value of fixed-rate deposits with stated maturities was calculated using the contractual cash flows discounted with current market rates for instruments with similar maturities and terms. For floating-rate deposits, the carrying amount was considered to approximate fair value.
Funds from securities issued and Subordinated debt
Fair values were estimated using a discounted cash flow calculation that applies interest rates available in the market for similar maturities and terms.
The main purpose of the Independent Model Validation Area – AVIM is to verify if the models operate according to the objectives envisaged, as well as if its results are suitable for the uses for which they are intended.
The Independent Model Validation Area adopts a methodology that includes quantitative and qualitative dimensions, assessing the adequacy of processes of governance, construction of models and their assumptions, and use and monitoring of the models.
Underwriting risk is the risk related to a possible loss event that may occur in the future and for which there is uncertainty over the amount of damages that result from it. The risk arises from an economic situation not matching the Company’s expectations at the time of issuing its underwriting policy with regard to the uncertainties existing both in the definition of actuarial assumptions and in the constitution of technical provisions as well as for pricing and calculating premiums and contributions. In short, it refers to the risk of the frequency or severity of loss events or benefits exceeding the Company’s estimates. In that way, the risk management process seeks to diversify insurance operations, aiming to excel at balancing the portfolio, and is based on the grouping of risks with similar characteristics in order to reduce the impact of individual risks.
Risk underwriting management is carried out by the Technical Superintendence and the policies of underwriting and acceptance of risks are periodically evaluated. In addition, the Board of Risk Management, Internal Controls and Compliance, Information Security and Data Management, an integral part of the framework of risk management, have as one of their main tasks, the structuring of internal models for underwriting risk and the calculation of regulatory capital for these businesses, and to certify the technical provisions, in addition to evaluating the impact of new products in the risk capital of the Company.
Uncertainties over estimated future claim payments
Claims are due as they occur and the Company must indemnify all covered claims that occurred during the contract period, even if the notification occurs after the end of its term. However, claims are reported over a period and a significant portion of these claims are accounted for in the Provisions for Claims Incurred but Not Reported (IBNR). The estimated cost of claims includes direct expenses to be incurred when settling them. In this way, giving the uncertainties inherent to the process for estimating claims provisions, the final settlement may be different from the original technical provision.
Asset and liability management (ALM)
The Company periodically analyzes future cash flows on assets and liabilities held in portfolio ALM – Asset Liability Management. The method used for ALM analysis is to observe the sufficiency or insufficiency of the present value of the stream of assets in relation to the present value of the stream of liabilities, and the duration of assets in relation to that of liabilities. The aim is to verify that the situation of the portfolio of assets and liabilities is balanced in order to honor the Company’s future commitments to its insured persons.
The actuarial assumptions used to generate the flow of liabilities are in line with international actuarial practices and also with the characteristics of the Company’s product portfolio.
Risk management by product
The continuous monitoring the insurance contract portfolio enables us to track and adjust premiums practiced, as well as to assess the need for alterations. Other monitoring tools in use include: (i) sensitivity analysis, and (ii) algorithmic checks and corporate system notifications (underwriting, issuance and claims).
The main risks associated with Non-Life insurance
The risks associated with Non-Life insurance include, among others:
Generally, the Non-Life insurance underwritten by the Company is of short duration. The underwriting strategies and goals are adjusted by management and informed through internal guidelines and practice and procedure manuals.
The main risks inherent to the main Non-Life insurance business lines are summarized as follows:
Non-Life insurance risk management
The Board for Risk Management monitors and evaluates risk exposure and undertakes the development, implementation and revision of guidelines related to underwriting. The implementation of these guidelines, the treatment of claims, the reinsurances and the constitution of technical provisions for insurance purposes of these risks are carried out by the technical departments of each risk area. The Technical Departments has developed mechanisms such as the analysis of possible risk accumulations based on monthly reports that identify, quantify and manage accumulated exposures in order to keep them within the limits defined in the internal guidelines.
The main risks associated with Life insurance and Private Pension Plans
Life insurance and Private Pension Plans are generally long-term in nature and, accordingly, various actuarial assumptions are used to manage and estimate the risks involved, such as: assumptions about returns on investments, longevity, mortality and persistence rates in relation to each business unit. Estimates are based on historical experience and on actuarial expectations.
The risks associated with Life insurance and private Pension Plans include:
Life insurance and private pension plan risk management
The Board for Risk Management monitors and assesses risk exposure and is responsible for developing, implementing and reviewing policies relating to underwriting. The implementation of these guidelines, the processing claims and the technical reserves for insurance purposes of these risks are carried out by the Technical Department; The Technical Department has developed mechanisms, such as the analysis of possible risk accumulations based on monthly reports that identify, quantify and manage accumulated exposures to keep them within limits defined by internal policies.
Longevity risks are monitored in relation to the most recent data and to the trends in the environments in which the Company operates. Management monitors exposure to this risk and the capital implications of it in order to manage the possible impacts, as well as to ensure that business has the capital that it may require. The Management adopts improvement assumptions in its calculation of technical provisions in order to predict and thus be covered for possible impacts generated by the improvement in life expectancy of the insured/assisted population.
Mortality and morbidity risks are partially mitigated through reinsurance contracts for catastrophes.
Persistency risk is managed through frequent monitoring of the Company’s historic experience. Management has also defined rules on the management and monitoring of persistence and the implementation of specific initiatives to improve, when appropriate, the renewal of policies that expire.
The risk of a high level of expenses is primarily monitored through the evaluation of the profitability of the business units and the frequent monitoring of expense levels.
The main risks associated with health insurance
The risks associated with health insurance include, among others:
For individual health insurance, for which certain provisions are calculated based on expected future cash flows (difference between expected future claims and expected future premiums), there are a number of risks, in addition to those cited above, such as biometric risk, including mortality and longevity experience and the insured’s behavioral risk, which covers persistency experience, as well as interest-rate risk that is managed as a part of market risk.
Management of health insurance risk
The Board for Risk Management monitors and evaluates risk exposure and is responsible for the development, implementation and review of policies that cover subscription, treatment of claims and technical insurance provisions. The implementation of these policies and management of risks are supported by the Superintendent of Actuary and Statistics. The Superintendent of Actuary and Statistics has developed mechanisms, such as statistical reports and performance by type that identify, quantify and manage accumulated exposure in order to keep it within the limits defined by internal policies. Longevity risk is carefully monitored using the most recent data and tendencies of the environment in which the Company operates. Management monitors exposure to this risk and its capital implications in order to manage possible impacts, as well as the funding that the future business needs. Persistency risk is managed through the frequent management of the Company’s experience. Management has also established guidelines for the management of persistency in order to monitor and implement specific initiatives, when necessary, to improve retention of policies. The risk of elevated expenses is primarily monitored through the evaluation of the profitability of business units and the frequent monitoring of expense levels.
Risk Concentration
The Company operates throughout the national territory, so that potential exposures to risk concentration are monitored through management reports where the results of contracts sold within the scope of the business by branch (except Health and Dental) are observed. The table below shows the concentration of risks, based on the amounts of premiums written net of reinsurance, cancellations and social security contributions:
Sensitivity test
The objective of the sensitivity test is to measure the impact on the result and shareholders’ equity of the Company, if isolated reasonably possible changes occur, in assumptions inherent to their operations that might be affected due to the process of risk underwriting and that are considered relevant to the balance sheet date.
As risk factors, the following significant assumptions were identified:
Results of sensitivity testing
The sensitivity test for Life insurance and Pension Plans was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below.
The sensitivity test for insurance for people, except individual Life insurance, was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below:
For Non-Life, life (except individual Life) and Health insurance, including dental, the table below shows the result if there was an increase in the loss ratio by 1 percentage point in the last twelve months of the calculation base date:
Limitations of sensitivity analysis
Sensitivity analyses show the effect of a change in an important premise while other premises remain unchanged. In real situations, premises and other factors may be correlated. It should also be noted that these sensitivities are not linear and therefore greater or lesser impacts should not be interpolated or extrapolated from these results.
Sensitivity analyses do not take account of the fact that assets and liabilities are highly managed and controlled. Additionally, the Company’s financial position may vary with any movement occurring in the market. For example, the risk management strategy aims to manage exposure to fluctuations in the market. As investment markets move through various levels, management initiatives may include sales of investments, altered portfolio allocations, and other protective measures.
Other limitations of the sensitivity analyses include the use of hypothetical market movements to show the potential risk, which only represents Management’s view of possible market changes in the near future, which cannot be foreseen with certainty, and they also assume that all interest rates move in the same manner.
Credit risk
Credit risk consists of the possible incurrence of losses in value of financial assets and reinsurance assets, as a consequence of noncompliance, by the counterparty, of its financial obligations according to agreed terms with the Company.
This risk may materialize in different ways, among others.
Credit risk management
The Company performs various sensitivity analyses and stress tests as tools for management of financial risks. The results of these analyses are used for risk mitigation and to understand the impact on the results and the shareholders’ equity of the Company in normal conditions and in conditions of stress. These tests take into account historical scenarios and scenarios of market conditions provisioned for future periods, and their results are used in the process of planning and decision making, as well as the identification of specific risks arising on financial assets and liabilities held by the Company. The management of credit risk for reinsurance operations includes monitoring of exposures to credit risk of individual counterparts in relation to credit ratings by risk assessment companies, such as Am Best, Fitch Ratings and Standard & Poor’s and Moody’s. The reinsurers are subject to a process of analysis of credit risk on an ongoing basis to ensure that the goals of the mitigation of credit risk will be achieved. In that sense, credit risk management in the Company is a continuous and evolving process including the mapping, development, evaluation and diagnosis of existing models, instruments and procedures that requires a high level of discipline and control in the analysis of operations to preserve the integrity and independence of processes. It is a process carried out at the corporate level using structured, independent internal procedures based on proprietary documentation and reports, assessed by the risk management structures of the Company and Banco Bradesco, and based on the gradual deployment of internal models for the determination, measurement and calculation of capital.
Meetings are held quarterly of the Executive Committee for Risk Management of Grupo Bradesco Seguros, of the Executive Committee of Investments and, monthly, of the Internal Meeting of Asset Allocation by the area of Investment Management of Bradesco Seguros S.A. for the deliberative negotiations, possessing all the functions, which are necessary for the regulatory/improvement requirement in the processes of management.
Reinsurance policy
No matter how conservative and selective insurers are in the choice of their partners, the purchase of reinsurance presents, naturally embedded in its operation, a credit risk.
The Bradesco Company’s policy for purchasing reinsurance and approval of reinsurers are the responsibility of the Board of Executive Officers, observing to the minimum legal requirements and regulations, some of them aimed at minimizing the credit risk intrinsic to the operation, and considering the shareholders’ equity consistent with amounts transferred.
Another important aspect of managing reinsurance operations is the fact that the Company aims to work within its contractual capacity, thereby avoiding the frequent purchases of coverages in optional agreements and higher exposures to the credit risk.
Practically, all property damage portfolios, except automotive, are hedged by reinsurance which, in most cases, is a combination of proportional and non-proportional plans by risk and/or by event.
Currently, part of the reinsurance contracts (proportional and non-proportional) are transferred to IRB Brasil Resseguros S.A. Some admitted reinsurers participate with lower individual percentages, but all have minimum capital and rating higher than the minimum established by the Brazilian legislation, which, in Management’s judgment, reduces the credit risk.
Exposure to insurance credit risk
Management believes that maximum exposure to credit risk arising from premiums to be paid by insured parties is low, since, in some cases, coverage of claims may be canceled (under Brazilian regulations), if premiums are not paid by the due date. Exposure to credit risk for premium receivables differs between risks yet to be incurred and risks incurred, since there is higher exposure on incurred-risk lines for which coverage is provided in advance of payment of the insurance premium.
The Company is exposed to concentrations of risk with individual reinsurance companies, due to the nature of the reinsurance market and strict layer of reinsurance companies with acceptable loan ratings. The Company manages the exposures of its reinsurance counterparties, limiting the reinsurance companies that may be used, and regularly assessing the default impact of the reinsurance companies.
Operational risk is the possibility of incurring losses arising from failures, deficiencies or the inadequacy of internal processes, people, systems, arising from fraud or external events, including legal risk and excluding risks arising from strategic decisions.
Operational Risk Management
The Company approaches operational risk management in a process of continuous improvement, aiming to accompany the dynamic evolution of the business and minimize the existence of gaps that may compromise the quality of this management. The entire process of Corporate Governance for operational risk management is monitored on a quarterly basis by the executive committees of Grupo Bradesco Seguros and Banco Bradesco, each with its own specificity, having, among others, the following attributes: • Periodic assessment of operational risks faced and the adequacy of controls and procedures to address the identified risks and their mitigation; • Development of the Operating Loss Database (BDPO) to report operating losses and corrective actions; • Training and dissemination of the culture of internal controls; • Ensuring compliance with the Company's operational risk management and business continuity policies; • Ensuring the effectiveness of the Company's operational risk management and business continuity process; • Approve and review the definitions and criteria, mathematical and statistical modeling and calculations referring to the amount of capital allocation; • Evaluate and submit for validation by the Executive Risk Management Committee, reporting to the specific committees, the policy, structure, roles, procedures and responsibilities of the dependencies involved in the process, as well as the reviews performed annually; and • Ethical standards. Within this scenario, the Company has mechanisms for evaluating its Internal Control system to provide reasonable assurance regarding the achievement of its objectives in order to avoid the possibility of loss caused by non-compliance, violation or non-compliance with internal rules and instructions. The internal control environment also contributes to operational risk management, in which the risk map is regularly updated based on self-assessments of risks and controls. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of the entity's financial risk management practices and policies. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
ESTIMATES AND JUDGMENTS |
12 Months Ended | |||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||
| ESTIMATES AND JUDGMENTS | 4) ESTIMATES AND JUDGMENTS
The Company adopts estimates and judgments that may affect the reported value of assets and liabilities in the next year, with the assumptions determined in accordance with the applicable standard.
Are evaluated on an ongoing basis, based on our historical experience and among other factors, including expectations of future events, considered reasonable under current circumstances.
Judgments
Information about judgments made in applying accounting policies that have the most significant effects on the amounts recognized in the financial statements included in the following notes:
- Note 2(a) and 26 Consolidation: whether the Group has the fact control over the investee; and equity-accounted investees: whether the Group has significant influence over the investee.
Estimates Estimates are carrying a significant risk and may have a material impact on the values of assets and liabilities in the coming year, with the possibility of actual results being different from those previously established, are disclosed below and are related to the following notes:
Fair value of financial instruments
Financial instruments recognized at fair value in our consolidated financial statements consist primarily of financial assets measured at fair value through profit or loss, including derivatives and financial assets classified as measured at fair value through other comprehensive income. The fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the reporting date.
These financial instruments are categorized within a hierarchy based on the lowest level of input that is significant to the fair value measurement. For instruments classified as level 3, we have to apply a significant amount of our own judgment in arriving at the fair value measurement. We base our judgment decisions on our knowledge and observations of the markets relevant to the individual assets and liabilities, and those judgments may vary based on market conditions. In applying our judgment, we look at a range of third-party prices and transaction volumes to understand and assess the extent of market benchmarks available and the judgments or modeling required in third-party processes. Based on these factors, we determine whether the fair values are observable in active markets or whether the markets are inactive.
Imprecision in estimating unobservable market inputs can impact the amount of revenue or loss recorded for a particular position. Furthermore, while we believe our valuation methods are appropriate and consistent with those of other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different estimate of fair value on the reporting date. For a detailed discussion about the determination of fair value of financial instruments, see Note 3.5.
Expected credit loss
The measurement of the provision for expected credit losses on loans for financial assets measured at amortized cost and FVOCI requires the use of complex quantitative models and assumptions about future economic conditions and loan behavior.
Several significant judgments are also required to apply the accounting requirements for the measurement of the expected credit loss, such as:
The process to determine the level of provision for expected credit loss requires estimates and the use of judgment; it is possible that actual losses presented in subsequent periods will differ from those calculated according to current estimates and assumptions.
The explanation of assumptions and estimation techniques used in the measurement of expected credit loss is further detailed in Note 3.2.
Impairment of intangible assets and goodwill
The Company analyzes, at least annually, whether the carrying value of intangible assets and goodwill (including goodwill identified in the acquisition of associates and joint ventures) is impaired. The first step of the process requires the identification of independent Cash-Generating Units and the allocation of goodwill to these units. The carrying amount of the CGU, including the allocated goodwill, is compared to its recoverable amount to determine whether any impairment exists. If the value in use of a cash-generating unit is less than its carrying value, goodwill will be impaired. Detailed calculations may need to be carried out taking into consideration changes in the market in which a business operates (e.g., competitive activity, regulatory change). The value in use is based upon discounting expected pre-tax cash flows at a risk-adjusted interest rate appropriate to the operating unit, the determination of both requires one to exercise one’s judgment. While forecasts are compared with actual performance and external economic data, expected cash flows naturally reflect the Company’s view of future performance.
Income tax
The determination of the amount of our income tax liability is complex, and our assessment is related to our analysis of our deferred tax assets and liabilities and income tax payable. In general, our evaluation requires that we estimate future amounts of current and deferred taxes. Our assessment of the possibility that deferred tax assets are realized is subjective and involves assessments and assumptions that are inherently uncertain in nature. The underlying support for our assessments and assumptions could change over time as a result of unforeseen events or circumstances, affecting our determination of the amount of our tax liability.
Significant judgment is required in determining whether it is more likely than not that an income tax position will be sustained upon examination, even after the outcome of any related administrative or judicial proceedings based on technical merits. Further judgment is then required to determine the amount of benefit eligible for recognition in our consolidated financial statements.
In addition, we have monitored the interpretation of tax laws by, and decisions of, the tax authorities and Courts so that we can adjust any prior judgment of accrued income taxes. These adjustments may also result from our own income tax planning or resolution of income tax controversies, and may be material to our operating results for any given period.
For additional information about income tax, see Note 16.
Technical insurance provisions
Insurance technical provisions (reserves) are liabilities constituted to honor future commitments to or on behalf of our policyholders – see Note 2(l). Expectations of loss ratio, mortality, longevity, length of stay and interest rate are used. These assumptions are based on experience from the Group’s portfolio and are
periodically reviewed.
Contingent liabilities
The Provisions are regularly reviewed and constituted, where the loss is deemed probable, based on the opinion of the legal counsel, the nature of the lawsuit, similarity to previous lawsuits, complexity and the courts standing. |
| X | ||||||||||
- Definition The disclosure of judgements that management has made in the process of applying the entity's accounting policies that have the most significant effect on amounts recognised in the financial statements along with information about the assumptions that the entity makes about the future, and other major sources of estimation uncertainty at the end of the reporting period, that have a significant risk of resulting in a material adjustment to the carrying amounts of assets and liabilities within the next year. [Refer: Carrying amount [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
OPERATING SEGMENTS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OPERATING SEGMENTS | 5) OPERATING SEGMENTS
The Company operates mainly in the banking and insurance segments. Our banking operations include operations in the retail, middle-market and corporate sectors, lease, international bank operations, investment bank operations and as a private bank. The Company also conducts banking segment operations through its branches located throughout the country, in branches abroad and through subsidiaries as well as by means of shareholding interests in other companies. Additionally, we are engaged in insurance, supplemental Pension Plans and capitalization bonds through our subsidiary, Bradesco Seguros S.A. and its subsidiaries.
The following segment information was prepared based on reports made available to Management to evaluate performance and make decisions regarding the allocation of resources for investments and other purposes. Our Management uses a variety of accounting information, which includes the proportional consolidation of associates and joint ventures. Accordingly, the information of the segments shown in the following tables was prepared in accordance with the specific procedures and other provisions of the Financial Institutions Accounting Plan and the total amounts, which correspond to the consolidated information, were prepared in accordance with IFRS, issued by the IASB.
The main assumptions for the segmentation of income and expenses include (i) surplus cash invested by the entities operating in insurance, supplemental pension and capitalization bonds are included in this segment, resulting in an increase in net interest income; (ii) salaries and benefits and administrative costs included in the insurance, supplemental pension and capitalization bonds segment consist only of cost directly related to these operations, and (iii) costs incurred in the banking operations segment related to the infrastructure of the branch network and other general indirect expenses have not been allocated between segments.
Our operations are substantially conducted in Brazil. Additionally, as of December 31, 2021, we have one branch in New York, one branch in Grand Cayman, and one branch in London, mainly to complement our banking services and assist in import and export operations for Brazilian customers. Moreover we also have subsidiaries abroad, namely: Banco Bradesco Argentina S.A.U. (Buenos Aires), Banco Bradesco Europa S.A. (Luxembourg), Bradesco North America LLC (New York), Bradesco Securities, Inc. (New York), Bradesco Securities UK Limited (London), Cidade Capital Markets Ltd. (Grand Cayman), Bradesco Securities Hong Kong Limited (Hong Kong), Bradesco Trade Services Limited (Hong Kong), Bradescard Mexico, Sociedad de Responsabilidad Limitada (Mexico) and BAC Florida Bank.
No income from transactions with a single customers or counterparty represented 10% of the Company’s income in the period of 2021, 2020 and 2019. Information by operating segment, reviewed. All transactions between operating segments are conducted on an arm’s length basis, with intra-segment revenue and costs being eliminated in “Other operations, adjustments and eliminations”. Income and expenses directly associated with each segment are included in determining business-segment performance.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the loss expected from financial assets, business models, and effective interest rates and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances referring to “Net gains / (losses) on financial assets and liabilities at fair value through profit or loss”, “Net gains / (losses) on financial assets at fair value through other comprehensive income” and “Net gains / (losses) from operations in foreign currency”; and (5) Includes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the loss expected from financial assets, business models and effective interest rate and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances referring to “Net gains / (losses) on financial assets and liabilities at fair value through profit or loss”, “Net gains / (losses) on financial assets at fair value through other comprehensive income” and “Net gains / (losses) from operations in foreign currency”; and (5) Icludes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the impairment of loans and advances, effective interest rate and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances related to “Net gains/(losses) on financial assets and liabilities at fair value through income”, “Net gains/(losses) on financial assets at fair value through other comprehensive income” and “Net gains/(losses) on foreign currency transactions”; and (5) Includes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization.
|
| X | ||||||||||
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
NET INTEREST INCOME |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NET INTEREST INCOME | 6) NET INTEREST INCOME
Net interest income
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of interest income. [Refer: Interest income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
FEE AND COMISSION INCOME |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FEE AND COMISSION INCOME | 7) FEE AND COMISSION INCOME
Fee and commission income
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of fee and commission income (expense). [Refer: Fee and commission income (expense)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
NET GAINS/(LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS |
12 Months Ended | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||
| Net Gainslosses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss | |||||||||||||||||||||||||||
| NET GAINS/(LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS | 8) NET GAINS/(LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS Net gains/(losses) on financial assets and liabilities at fair value through profit or loss
|
||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
NET GAINS/(LOSSES) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME |
12 Months Ended | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||
| Net Gainslosses On Financial Assets At Fair Value Through Other Comprehensive Income | |||||||||||||||||||||||
| NET GAINS/(LOSSES) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | 9) NET GAINS/(LOSSES) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME Net gains/(losses) on financial assets at fair value through other comprehensive income
|
||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
NET GAINS/(LOSSES) ON FOREIGN CURRENCY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Net Gainslosses On Foreign Currency Transactions | |
| NET GAINS/(LOSSES) ON FOREIGN CURRENCY TRANSACTIONS | 10) NET GAINS/(LOSSES) ON FOREIGN CURRENCY TRANSACTIONS
Net gains and losses on foreign currency transactions primarily consists mainly of gains or losses from currency trading and translation of monetary items from a foreign currency into the functional currency. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
GROSS PROFIT FROM INSURANCE AND PENSION PLANS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Profit From Insurance And Pension Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| GROSS PROFIT FROM INSURANCE AND PENSION PLANS | 11) GROSS PROFIT FROM INSURANCE AND PENSION PLANS
Income from insurance and pension plans
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
PERSONNEL EXPENSES |
12 Months Ended | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||
| PERSONNEL EXPENSES | 12) PERSONNEL EXPENSES
Personnel expenses
|
||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of expenses. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
OTHER ADMNISTRATIVE EXPENSES |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER ADMNISTRATIVE EXPENSES | 13) OTHER ADMNISTRATIVE EXPENSES
Other administrative expenses
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of general and administrative expenses. [Refer: Administrative expenses] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
DEPRECIATION AND AMORTIZATION |
12 Months Ended | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||
| Depreciation And Amortization | |||||||||||||||||||||||
| DEPRECIATION AND AMORTIZATION | 14) DEPRECIATION AND AMORTIZATION
Depreciation and amortization
|
||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER OPERATING INCOME/(EXPENSES) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||
| OTHER OPERATING INCOME/(EXPENSES) | 15) OTHER OPERATING INCOME/(EXPENSES) Other operating income/(expenses)
|
|||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of other operating income or expense. [Refer: Other operating income (expense)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
INCOME TAX AND SOCIAL CONTRIBUTION |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INCOME TAX AND SOCIAL CONTRIBUTION | 16) INCOME TAX AND SOCIAL CONTRIBUTION Calculation of income tax and social contribution charges
(1) Primarily, includes: (i) the exchange variation of assets and liabilities, derived from investments abroad, in the amount of R$443,247 thousand (R$ 10,047,819 thousand - 2020); (ii) the equalization of the effective rate of non-bank financial companies and companies in the insurance industry, as of 2020, and of non-financial companies, in relation to that shown; and (iii) the deductions incentivized.
Composition of income tax and social contribution in the consolidated statement of income
Deferred income tax and social contribution presented in the consolidated statement of financial position
(1) Deferred income and social contribution tax assets and liabilities are offset in the statement of financial position within each taxable entity, and were R$7,363,779 thousand in 2021 (R$9,112,176 thousand in 2020).
Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution
Deferred tax liabilities
Income tax and social contribution on adjustments recognized directly in equity
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The entire disclosure for income taxes. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
EARNINGS PER SHARE |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||
| EARNINGS PER SHARE | 17) EARNINGS PER SHARE
The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below:
(1) All share amounts presented for prior periods have been adjusted to reflect the bonus share issue approved at the Special Shareholders’ Meeting held on March 10, 2021, in the proportion of one new share for every 10 shares held.
Diluted earnings per share are the same as basic earnings per share since there are no potentially dilutive instruments. |
|||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
CASH, BALANCES WITH BANKS ANS CASH EQUIVALENTS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| CASH, BALANCES WITH BANKS ANS CASH EQUIVALENTS | 18) CASH, BALANCES WITH BANKS ANS CASH EQUIVALENTS
|
| X | ||||||||||
- Definition The disclosure of cash and bank balances at central banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS | 19) FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS
The financial instruments pledged as collateral classified as “Financial assets at fair value through profit or loss”, totaled R$49,991,355 thousand on December 31, 2021 (2020 – R$6,060,344 thousand), being composed primarily of Brazilian government bonds.
Unrealized net gains/ (losses) included in financial assets at fair value through profit or loss totaled R$1,953,274 thousand on December 31, 2021 (2020 – R$5,284,677 thousand). Net variation totaled R$(3,331,403) thousand in 2021 (2020 – R$3,898,193 thousand).
|
| X | ||||||||||
- Definition The disclosure of financial instruments measured at fair value through profit or loss. [Refer: At fair value [member]; Financial instruments, class [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
DERIVATIVE FINANCIAL INSTRUMENTS |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| DERIVATIVE FINANCIAL INSTRUMENTS | 20) DERIVATIVE FINANCIAL INSTRUMENTS
The Company enters into transactions involving derivative financial instruments with a number of customers for the purpose of mitigating their overall risk exposure as well as managing risk exposure. The derivative financial instruments most often used are highly-liquid instruments traded on the futures market (B3).
Foreign currency and interest rate swaps are agreements to exchange one set of cash flows for another and result in an economic exchange of foreign currencies or interest rates (for example fixed or variable) or in combinations (i.e., foreign currency and interest rate swaps). There is no exchange of the principal except in certain foreign currency swaps. The Company’s foreign currency risk reflects the potential cost of replacing swap contracts and whether the counterparties fail to comply with their obligations. This risk is continually monitored in relation to the current fair value, the proportion of the notional value of the contracts and the market liquidity. The Company, to control the level of credit risk assumed, evaluates the counterparties of the contracts using the same techniques used in its loan operations.
Foreign exchange options are contracts according to which the seller (option issuer) gives to the buyer (option holder) the right, but not the obligation, to buy (call option) or sell (put option) on a certain date or during a certain period, a specific value in foreign currency. The seller receives from the buyer a premium for assuming the exchange or interest-rate risk. The options can be arranged between the Company and a customer. The Company is exposed to credit risk only on purchased options and only for the carrying amount, which is the fair market value.
Foreign currency and interest rate futures are contractual obligations for the payment or receipt of a net amount based on changes in foreign exchange and interest rates or the purchase or sale of a financial instrument on a future date at a specific price, established by an organized financial market. The credit risk is minimal, since the future contracts are guaranteed in cash or securities and changes in the value of the contracts are settled on a daily basis. Contracts with a forward rate are interest-rate futures operations traded individually which require settlement of the difference between the contracted rate and the current market rate over the value of the principal to be paid in cash at a future date.
A forward operation is a contract of purchase or sale, at a fixed price, for settlement on a certain date. Because it is a futures market, in which the purchase of the share will only be made on the date of maturity, a margin deposit is necessary to guarantee the contract. This margin can be in cash or in securities. The value of the margin varies during the contract according to the variation of the share involved in the operation, to the changes of volatility and liquidity, besides the possible additional margins that the broker could request.
The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Company is as follows:
Derivatives include operations maturing in D+1.
Swaps are contracts of interest rates, foreign currency and cross currency and interest rates in which payments of interest or the principal or in one or two different currencies are exchanged for a contractual period. The risks of swap contracts refer to the potential inability or unwillingness of the counterparties to comply with the contractual terms and the risk associated with changes in market conditions due to changes in the interest rates and the currency exchange rates.
The interest rate and currency futures and the forward contracts of interest rates call for subsequent delivery of an instrument at a specific price or specific profitability. The reference values constitute a nominal value of the respective instrument whose variations in price are settled daily. The credit risk associated with futures contracts is minimized due to these daily settlements. Futures contracts are also subject to risk of changes in interest rates or in the value of the respective instruments. Credit Default Swap – CDS
In general, these represent a bilateral contract in which one of the counterparties buys protection against a credit risk of a particular financial instrument (its risk is transferred). The counterparty that sells the protection receives a remuneration that is usually paid linearly over the life of the operation.
In the event of a default, the counterparty who purchased the protection will receive a payment, the purpose of which is to compensate for the loss of value in the financial instrument. In this case, the counterparty that sells the protection normally will receive the underlying asset in exchange for said payment. Risk of Default
The contracts related to credit derivatives transactions described above are due in 2026. There were no credit events, as defined in the agreements, during the period.
The Company has the following hedge accounting transactions:
Cash Flow Hedge
The financial instruments classified in this category, aims to reduce exposure to future changes in interest and foreign exchange rates, which impact the operating results of the Company. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders’ equity, net of tax effects and is only transferred to income in two situations: (i) in case of ineffectiveness of the hedge; or (ii) the realization of the hedge object. The ineffective portion of the respective hedge is recognized directly in the statement of income. Exposure to future changes in interest rates
(1) It refers to the DI interest rate risk, using DI Futures contracts in B3 and Swaps, with the maturity dates until 2027, making the cash flow fixed; and (2) It refers to the DI interest rate risk, using DI Futures contracts in B3 and Swaps, with maturity dates until 2025, making the cash flow fixed.
For the next 12 months, the gains/(losses) related to the inefficiency of the cash flow hedge, which we expect to recognize in the statement of income, amount to R$(77,839) thousand.
In December 2021, Bradesco terminated some hedge accounting instruments to protect cash flows. The fair value changes of these hedging instruments, previously recorded in shareholders' equity, will be appropriated to profit or loss, according to the result of the hedged item. In 2021, the amount of R$ 11,086 thousand was recycled to the statement of income, net of tax effects, the accumulated balance in shareholders' equity on December 31, 2021 is R$ 765,719 thousand, this amount will be appropriated to profit or loss until the year 2027.
There were no gains/(losses) related to the cash flow accounting hedge, recorded in profit or loss, in the year ended December 31, 2021 and 2020.
Fair value hedge
The financial instruments classified in this category, aim to offset the risks arising from the exposure to the variation at market value of the hedged object item. The hedged object is adjusted at market value and the effective portion of the valuations or devaluations of this instrument is recognized in profit or loss, net of tax effects and is only transferred to Shareholders’ Equity in two situations: (i) in case of ineffectiveness of the hedge; or (ii) the realization of the hedge. The ineffective portion of the hedge object is recognized directly in Shareholders’ Equity. Exchange rate exposure risk
For the next 12 months, the gains/(losses) related to the fair value accounting hedge, which the Company expects to recognize in other comprehensive income, amounts to R$(4,025) thousand.
There were no gains/(loss) related to fair value accounting hedge, registered in other comprehensive income, in the years ended December 31, 2021 and 2020.
Hedge of investments abroad
The financial instruments classified in this category, have the objective of reducing the exposure to foreign exchange variation of investments abroad, whose functional currency is different from the national currency, which impacts the result of the Company. The effective portion of the valuations or devaluations of these instruments is recognized in a separate account of shareholders’ equity, net of tax effects and is only transferred to income in two situations: (i) hedge ineffectiveness; or (ii) in the disposal or partial sale of the foreign operation. The ineffective portion of the respective hedge is recognized directly in the statement of income.
Exchange rate exposure risk 1
For the next 12 months, the gains/(losses) related to the ineffectiveness of the hedge of investments abroad, which we expect to recognize in the result, amount to R$ 404 thousand.
The gains/(losses) related to the ineffectiveness of the hedge of investments abroad, recorded in profit or loss, in the year ended on December 31, 2021 was R$(38,333) thousand (2020 R$(12,697) thousand).
Unobservable gains on initial recognition
When the valuation depends on unobservable data any initial gain or loss on financial instruments is deferred over the life of the contract or until the instrument is redeemed, transferred, sold or the fair value becomes observable. All derivatives which are part of the hedge relationships are valued on the basis of observable market data.
The nominal values do not reflect the actual risk assumed by the Company, since the net position of these financial instruments arises from compensation and/or combination thereof. The net position is used by the Company particularly to protect interest rates, the price of the underlying assets or exchange risk. The result of these financial instruments are recognized in “Net gains/(losses) on financial assets and liabilities at fair value through profit or loss”, in the consolidated statement of income.
Offsetting of financial assets and liabilities
A financial asset and a financial liability are offset and their net value presented in the Statement of Financial Position when, and only when, there is a legally enforceable right to offset the amounts recognized and the Bank intends to settle them in a liquid basis, or to realize the asset and settle the liability simultaneously.
The table below presents financial assets and liabilities subject to net settlement:
On December 31, 2021 and 2020, Bradesco does not offset any financial assets and financial liabilities in its Statement of Financial Position. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of derivative financial instruments. [Refer: Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Assets At Fair Value Through Other Comprehensive Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME | 21) FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME Financial assets at fair value through other comprehensive income
(1) In December 2021, Management reclassified securities measured at fair value through other comprehensive income to measured at fair value through profit or loss, in the amount of R$40,305,887 thousand, reflected in profit or loss, in the gross amount of R$(1,373,557) Thousand. This reclassification was the result of the alignment of risk and capital management. ; and (2) In June 2020, Management reclassified the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$20,009,471 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes in the amount of R$1,794,263 thousand.
Financial assets at fair value through other comprehensive income - Maturity
The financial instruments pledged as collateral, classified as Financial assets at fair value through other comprehensive income, totalled R$66,690,800 thousand on December 31, 2021 (2020 – R$35,548,882 thousand), being composed mostly of Brazilian government bonds.
Investments in equity instruments designated at fair value through other comprehensive income
The Company adopted the option of designating equity instruments at fair value through other comprehensive income due to the particularities of a given market.
Reconciliation of expected losses of financial assets at FVOCI
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
LOANS AND ADVANCES TO FINANCIAL INSTITUTIONS |
12 Months Ended | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||
| LOANS AND ADVANCES TO FINANCIAL INSTITUTIONS | 22) LOANS AND ADVANCES TO FINANCIAL INSTITUTIONS
Loans and advances to financial institutions
|
| X | ||||||||||
- Definition The disclosure of loans and advances to banks. [Refer: Loans and advances to banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
LOANS AND ADVANCES TO CUSTOMERS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans And Advances To Customers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| LOANS AND ADVANCES TO CUSTOMERS | 23) LOANS AND ADVANCES TO CUSTOMERS Loans and advances to customers
Financial Leases Receivables
Loans and advances to customers include the following financial lease receivables.
Reconciliation of the gross book value of loans and advances to customers
(1) Composed of advanced settlements, maturities and changes.
(1) Composed of advanced settlements, maturities and changes.
Reconciliation of expected losses from loans and advances to customers
(1) Consider expected losses on loans, commitments to be released and financial guarantees provided.
(1) Consider expected losses on loans, commitments to be released and financial guarantees provided.
Sensitivity analysis The measurement of the expected credit loss incorporates prospective information from projections of economic scenarios that are developed by a team of experts and approved according to the risk governance of the Company. The projections are reviewed at least annually, being more timely in cases of relevant events that may materially change the future prospects. In order to determine possible oscillations of expected loss arising from the economic projections, simulations were made by changing the weighting of the scenarios used in the calculation of the expected loss. In the table below, we show the probabilities assigned to each scenario and the impacts:
* Scenario in which the economy grows more than expected.
Expected loss on loans and advances
Loans and advances to customers renegotiated
The total balance of “Loans and advances to customers renegotiated” includes renegotiated loans and advances to customers. Such loans contemplate extension of loan payment terms, grace periods, reductions in interest rates, and/or, in some cases, the forgiveness (write-off) of part of the loan principal amount.
Renegotiations may occur after debts are past due or when the Company has information about a significant deterioration in the client’s creditworthiness. The purpose of such renegotiations is to adapt the loan to reflect the client’s actual payment capacity.
The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers:
At the time a loan is modified, Management considers the new loan’s conditions and renegotiated maturity and it is no longer considered past due. From the date of modification, renegotiated interest begins to accrue, using the effective interest rate method, taking into consideration the client’s capacity to pay the loan based on the analysis made by Management. If the customer fails to maintain the new negotiated terms, management considers ceasing accrual from that point.
Additionally, any balances related to renegotiated loans and advances to customers that have already been written off and recorded in memorandum accounts, as well as any gains from renegotiations, are recognized only when received. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
BONDS AND SECURITIES AT AMORTIZED COST |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bonds And Securities At Amortized Cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BONDS AND SECURITIES AT AMORTIZED COST | 24) BONDS AND SECURITIES AT AMORTIZED COST Bonds and securities at amortized
Maturity
The financial instruments pledged as collateral, classified as financial assets at amortized cost, totalled R$43,616,767 thousand at December 31, 2021 (2020 – R$38,224,516 thousand), being composed mostly of Brazilian government bonds.
Reconciliation of expected losses of financial assets at amortized cost:
(1) The expected loss expense is recorded as “Expected Loss on Other Financial Assets” in the Consolidated Statement of Income.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
NON-CURRENT ASSETS HELD FOR SALE |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| NON-CURRENT ASSETS HELD FOR SALE | 25) NON-CURRENT ASSETS HELD FOR SALE Non-current assets held for sale
The properties or other non-current assets received in total or partial settlement of the payment obligations of debtors are considered as non-operating assets held for sale in auctions, which normally occur in up to one year. Non-current assets held for sale are those for which selling expectation, in their current condition, is highly probable to occur within a year. |
| X | ||||||||||
- Definition The entire disclosure for non-current assets held for sale and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
INVESTMENTS IN ASSOCIATES AND JOINT VENTURES |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments In Associates And Joint Ventures | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INVESTMENTS IN ASSOCIATES AND JOINT VENTURES | 26) INVESTMENTS IN ASSOCIATES AND JOINT VENTURES
(1) Income from financial intermediation or fee and commissions; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. On December 31, 2021, the Company received R$117,803 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements referring to December 31, 2021 Cielo S.A. presented R$356,627 thousand of other comprehensive income; and (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with a lag in relation to the reporting date of these consolidated financial statements.
(1) Income from financial intermediation or fee and commission; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2020, the Company received R$20,797 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements, Cielo S.A. presented R$45,693 thousand of other comprehensive income; (3) Equity method discontinued after the loss of significant influence resulting from the resignation of the chair on the institution’s board of directors, occurred in April 2020, investment subsequently classified as securities at fair value through other comprehensive income; (4) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2020, the Company received R$228,125 thousand of dividends from this investment; (7) Company sold in July 2020; and (8) Company merged in November 2020.
(1) Income from financial intermediation or fee and commission; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2019, the Company received R$448,291 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements, Cielo S.A. presented R$45,693 thousand of other comprehensive income; (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (4) Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) In 2019, occurred alienation of NCR Brasil Indústria de Equipamentos para Automação S.A.; (7) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2019, the Company received R$72,215 thousand of dividends from this investment. In its financial statements, Elo Participações S.A. presented R$22 thousand of other comprehensive income; (8) In December 2019, we began to consolidate the company MPO – Processadora de Pagamentos Móveis S.A., after the shareholding acquisition; and (9) In 2019, impairment losses were recorded in “associates and jointly controlled entities” in the amount of R$727,235 thousand.
The Group does not have contingent liabilities from investments in associated companies, which it is partially or totally responsible for.
(1) In January 2021, there was the divestiture of Cia Brasileira de Gestão e Serviços S.A.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
PROPERTY AND EQUIPMENT |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PROPERTY AND EQUIPMENT | 27) PROPERTY AND EQUIPMENT
We enter into lease agreements as a lessee, basically, for data processing and property and equipment, which are recorded as buildings and equipment leased in property, plant and equipment. See Note 37 for disclosure of the obligation.
(1) It includes underlying assets identified in lease contracts recognized under the scope of IFRS 16.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The entire disclosure for property, plant and equipment. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
INTANGIBLE ASSETS AND GOODWILL |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| INTANGIBLE ASSETS AND GOODWILL | 28) INTANGIBLE ASSETS AND GOODWILL
a) Change in intangible assets and goodwill by class
The Cash Generation Units (GCUs) allocated to the banking segment and the insurance, pension and capitalization bonds segment are tested annually for impairment of goodwill. We did not incur any goodwill impairment losses in 2021, 2020 and 2019.
The recoverable amount from the Banking Segment has been determined based on a value-in-use calculation. The calculation uses cash-flow projections based on financial budgets approved by Management, with a terminal growth rate of 5.8% p.a. (2020 – 6.1% p.a.). The forecast cash flows have been discounted at a rate of 12.6% p.a. (2020 – 12.6% p.a.).
The key assumptions described above may change as economic and market conditions change. The Company estimates that reasonably possible changes in these assumptions within the current economic environment are not expected to cause the recoverable amount of either unit to decline below the carrying amount. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of intangible assets and goodwill. [Refer: Intangible assets and goodwill] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
OTHER ASSETS |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER ASSETS | 29) OTHER ASSETS Other assets
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of other assets. [Refer: Other assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
DEPOSITS FROM BANKS |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| DEPOSITS FROM BANKS | 30) DEPOSITS FROM BANKS
Financial liabilities called “Deposits from banks” are initially measured at fair value and, subsequently, at amortized cost, using the effective interest rate method.
Composition by nature
|
| X | ||||||||||
- Definition The disclosure of deposits from banks. [Refer: Deposits from banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
DEPOSITS FROM CUSTOMERS |
12 Months Ended | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||
| DEPOSITS FROM CUSTOMERS | 31) DEPOSITS FROM CUSTOMERS
Financial liabilities called “Deposits from customers” are initially measured at fair value and subsequently at amortized cost, using the effective interest rate method.
Composition by nature
|
| X | ||||||||||
- Definition The disclosure of deposits from customers. [Refer: Deposits from customers] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
FUNDS FROM SECURITIES ISSUED |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Funds From Securities Issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| FUNDS FROM SECURITIES ISSUED | 32) FUNDS FROM SECURITIES ISSUED
Since 2003, Bradesco uses certain arrangements to optimize its activities of funding and liquidity management by means of a Specific Purpose Entity (SPE). This SPE, which is called International Diversified Payment Rights Company, is financed with long-term bonds which are settled with the future cash flow of the corresponding assets, basically comprising current and future flow of payment orders sent by individuals and legal entities abroad to beneficiaries in Brazil for whom Bradesco acts as payer.
The long-term instruments issued by the SPE and sold to investors will be settled with funds from the payment orders flows. The Company is required to redeem the instruments in specific cases of default or upon closing of the operations of the SPE.
The funds deriving from the sale of current and future payment orders flows, received by the SPE, must be maintained in a specific bank account until they reach a given minimum level.
Net financial activity in the issuance of securities
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SUBORDINATED DEBT |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SUBORDINATED DEBT | 33) SUBORDINATED DEBT
(1) It includes the amount of R$31,129,540 thousand (on December 2020 – R$26,741,610 thousand), referring to subordinated debts recognized in “Eligible Debt Capital Instruments” for regulatory capital purpose; and (2) In the year ended December 31, 2021, there was the maturity of the subordinated debt issued Abroad – Bradesco Grand Cayman – the total amount of the transaction was R$8,314,720 thousand.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of subordinated liabilities. [Refer: Subordinated liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
TECHNICAL INSURANCE PROVISION AND PENSION PLANS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Technical Insurance Provision And Pension Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TECHNICAL INSURANCE PROVISION AND PENSION PLANS | 34) TECHNICAL INSURANCE PROVISION AND PENSION PLANS
(1) “Other technical provisions” – Insurance includes substantially the Provision for Insufficient Premiums (PIP) of R$3,280,927 thousand (R$ 3,044,169 thousand on December 31, 2020) and provision of related expenses of R$ 84,224 thousand (R$ 78,673 thousand on December 31, 2020); (2) The “Other technical provisions” line of Life and Pension Plan substantially includes “Provision for redemptions and other amounts to be settled” in the amount of R$3,047,124 thousand, “Provision of related expenses” of R$653,541 (R$ 633,768 thousand on December 31, 2020), “Complementary Provision for Coverage (PCC)” in the amount of R$1,926,919 thousand (R$ 3,161,509 thousand on December 31, 2020) and” Other technical provisions” of R$1,305,127 thousand (R$ 1,305,127 thousand on December 31, 2020); and (3) It includes the Provision for unearned Provision for unearned premiums for risks not yet issued (PPNG-RVNE) in the amount of R$167,096 thousand, of which R$147,993 thousand for Insurance and R$19,103 thousand for Life and Pension Plans.
c) Changes in the insurance and pension technical provisions
(1) Deduction provided for in Article 4 of ANS Normative Resolution No. 392/15; (2) The investment funds “VGBL” and “PGBL” were consolidated in the financial statements; and (3) These guarantor assets may be settled only to cover the liabilities to which they are related.
The purpose of the table below is to show the inherent insurance risk, comparing the insurance claims paid with their provisions. Starting from the year in which the claim was reported, the upper part of the table shows the changes in the provision over the years. The provision varies as more precise information concerning the frequency and severity of the claims is obtained. The lower part of the table shows the reconciliation of the amounts with the amounts presented in the financial statements. Non-Life – Gross Claims (1)
Non-Life – Claims Net of Reinsurance Ceded (1)
Non-Life, Life and Pension - Claims Net of Reinsurance Ceded (1)
(1) “Retrocession” R$16,346 thousand,”Reinsurance” R$ 5,965 thousand, “Health” R$3,582,615 thousand, estimate of salvages and redresses in the amount of R$182,205 thousand and incurred but not enough reported (IBNER) claims in the amount of R$(231,240) thousand were not considered in the claims development.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SUPPLEMENTARY PENSION PLANS |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SUPPLEMENTARY PENSION PLANS |
35) SUPPLEMENTARY PENSION PLANS
Bradesco and its subsidiaries sponsor a private defined contribution pension for employees and managers, that allows financial resources to be accumulated by participants throughout their careers by means of employee and employer contributions and invested in an Exclusive Investment Fund (FIE). The plan is managed by Bradesco Vida e Previdência S.A. and BRAM – Bradesco Asset Management S.A. DTVM is responsible for the financial management of the FIEs funds.
The supplementary pension plan counts on contributions from employees and managers of Bradesco and its subsidiaries equivalent to at least 4% of the salary by employees and, 5% of the salary, plus the percentage allocated to covers of risk benefits (invalidity and death) by the company. Actuarial obligations of the defined contribution plan are fully covered by the plan assets of the corresponding FIE. In addition to the plan, in 2001, participants who chose to migrate from the defined benefit plan are guaranteed a proportional deferred benefit, corresponding to their accumulated rights in that plan. For the active participants, retirees and pensioners of the defined benefit plan, now closed to new members, the present value of the actuarial obligations of the plan is fully covered by guarantee assets.
Following the merger of Banco Alvorada S.A. (successor from the spin-off of Banco Baneb S.A.) into Kirton Bank S.A. Banco Múltiplo, on April 30, 2019, Kirton Bank S.A. Banco Múltiplo maintains variable contribution and defined benefit retirement plans, through Fundação Baneb de Seguridade Social – Bases related to the former employees of Baneb.
Banco Bradesco S.A. sponsors both variable benefit and defined contribution retirement plans, through Caixa de Assistência e Aposentadoria dos Funcionários do Banco do Estado do Maranhão (Capof), to employees originating from Banco BEM S.A.
Banco Bradesco S.A. sponsors a defined benefit plan through Caixa de Previdência Privada Bec – Cabec for employees of Banco do Estado do Ceará S.A.
Kirton Bank S.A. Banco Múltiplo, Bradesco Capitalização S.A., Kirton Corretora de Seguros S.A., Bradesco-Kirton Corretora de Câmbio S.A. and Bradesco Seguros S.A. sponsor a defined benefit plan called APABA for employees originating from Banco Bamerindus do Brasil S.A., and Kirton Administração de Serviços para Fundos de Pensão Ltda. sponsors for its employees a defined contribution plan, known as the Kirton Prev Benefits Plan (Plano de Benefícios Kirton Prev), both managed by MultiBRA – Pension Fund.
Banco Losango S.A. Banco Múltiplo, Kirton Bank S.A. Banco Múltiplo and Credival – Participações, Administração e Assessoria Ltda. sponsor three Pension Plans for its employees, which are: Losango I Benefits Plan – Basic Part, in the defined benefit mode, Losango I – Supplementary Part and PREVMAIS Losango Plan, the last two in the form of contribution variable, all managed by MultiBRA – Settlor – Multiple Fund.
Banco Bradesco S.A. also took on the obligations of Kirton Bank S.A. Banco Múltiplo with regard to Life insurance, Health Insurance Plans, and Retirement Compensation for employees coming from Banco Bamerindus do Brasil S.A., as well as Health Plan of employees from Lloyds. Regarding the supplementary pension of employees coming from Lloyds.
Bradesco and its subsidiaries, as sponsors of these plans, considering economic and actuarial studies, calculated their actuarial commitments using the real interest rate and acknowledged in their financial statements the obligation due. The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties). Below are the main assumptions used by the independent actuary in the actuarial assessment of our plans:
Considering the above assumptions, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below:
(1) In the year ended December 31, 2021, the remeasurement effects recognized in Shareholders' Equity, in Other Comprehensive Income totaled R$(65.671) thousand, R$ 21,593 thousand in 2020, net of tax effects; and (2) Bradesco and its subsidiaries, as sponsors of said plans, considering an economic and actuarial study, calculated their actuarial commitments and recognize in their financial statements the actuarial obligation due.
The net cost/(benefit) of the Pension Plans recognized in the consolidated statement of income includes the following components:
Maturity profile of the present value of the obligations of the benefit plans defined for the next years:
In 2022, contributions to defined-benefit plans are expected to total R$44,695 thousand.
The long-term rate of return on plan assets is based on the following:
- Medium to long-term expectations of the asset managers; and - Public and private securities, with short to long-term maturities which represent a significant portion of the investment portfolios of our subsidiaries, the return on which is higher than inflation plus interest.
The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan’s assets by category is as follows:
Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (7.38% – 8.65% p.a.) assuming a change in the discount rate and medical inflation by 1 b.p.:
Total expenses related to contributions in the year ended December 31, 2021 were R$994,218 thousand (2020 – R$959,220 thousand).
In addition to this benefit, Bradesco and its subsidiaries offer other benefits to their employees and Management, including Health insurance, Dental Care, Life and Personal Accident insurance, and professional training. These expenses, including the aforementioned contributions, totaled, in the year ended December 31, 2021, R$4,690,045 thousand (2020 – R$4,746,728 thousand). |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of additional information about defined benefit plans necessary to meet the objectives of IAS 19. [Refer: Defined benefit plans [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
PROVISIONS, CONTINGENTS ASSETS AND LIABILITIES AND LEGAL OBLIGATIONS – TAX AND SOCIAL SECURITY |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Provisions Contingents Assets And Liabilities And Legal Obligations Tax And Social Security | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PROVISIONS, CONTINGENTS ASSETS AND LIABILITIES AND LEGAL OBLIGATIONS – TAX AND SOCIAL SECURITY | 36) PROVISIONS, CONTINGENTS ASSETS AND LIABILITIES AND LEGAL OBLIGATIONS – TAX AND SOCIAL SECURITY
Contingent assets are not recognized in the financial statements. There are ongoing proceedings where the chance of success is considered probable, such as: a) Social Integration Program (PIS), Bradesco has made a claim to offset PIS against Gross Operating Income, paid under Decree-Laws No. 2,445/88 and No. 2,449/88, regarding the payment that exceeded the amount due under Supplementary Law No. 07/70 (PIS Repique); and b) other taxes, the legality and/or constitutionality of which is being challenged, where the decision may lead to reimbursement of amounts and such amounts are recorded as receivable only when collection is considered certain.
The Company is a party to a number of labor, civil and tax lawsuits, arising from the normal course of business.
Management recognized provisions where, based on their opinion and that of their legal counsel, the nature of the lawsuit, similarity to previous lawsuits, complexity and the courts standing, the loss is deemed probable.
Management considers that the provision is sufficient to cover the future losses generated by the respective lawsuits.
Provisions related to legal obligations are maintained until the conclusion of the lawsuit, represented by judicial decisions with no further appeals or due to the statute of limitation.
These are claims brought by former employees and outsourced employees seeking indemnifications, most significantly for unpaid “overtime”, pursuant to Article 224 of the Consolidation of Labor Laws (CLT). Considering that the proceedings database is basically composed by proceedings with similar characteristics and for which there has been no official court decision, the provision is recognized considering the following factors, among others: date of receipt of the proceedings (before or after the labor reform of November 2017), the average calculated value of payments made for labor complaints settled in the past 12 months before and after the labor reform, and inflation adjustment on the average calculated values.
Overtime is monitored by using electronic time cards and paid regularly during the employment contract, so that the claims filed by Bradesco’s former employees do not represent individually relevant amounts.
These are claims for pain and suffering and property damages, related to banking products and services, the inclusion of information about debtors in the credit restriction registry and the replacement of inflation adjustments excluded as a result of government economic plans. These lawsuits are individually controlled using a computer-based system and provisioned whenever the loss is deemed as probable, considering the opinion of the legal advisors, the nature of the lawsuits, similarity with previous lawsuits, complexity and positioning of the courts. Most of these lawsuits involve the Special Civil Court (JEC), in which the claims are limited to 40 minimum wages (limit of R$ 44 thousand on December 31, 2021)
In relation to the legal claims that are pleading alleged differences in the adjustment of inflation on savings account balances and due to the implementation of economic plans that were part of the federal government’s economic policy to reduce inflation in the 80s and 90s, Bradesco, despite complying with the law and regulation in force at the time, has provisioned certain proceedings, taking into consideration the claims in which they were mentioned and the perspective of loss of each demand, in view of the decisions and subjects still under analysis in the Superior Court of Justice (STJ), such as, for example, the application of interest in executions arising from Public Civil Actions and succession.
In December 2017, with the mediation of the Attorney’s General Office (AGU), the entities representing the bank and the savings accounts, entered into an agreement related to litigation of economic plans, with the purpose of closing these claims, in which conditions and schedule were established for savings accounts holders to accede to the agreement. This agreement was approved by the Federal Supreme Court (STF) on March 1, 2018. On March 11, 2020, the signatory entities signed an amendment extending the collective agreement for a period of five (5) years, the Federal Supreme Court approved the extension of the agreement for 30 months, an opportunity in which it will evaluate the results and may extend it for another 30 months. As this is a voluntary agreement, Bradesco is unable to predict how many savings account holders will choose to accept the settlement offer. It is important to note that provisions were recognized to cover the claims eligible under this agreement. The proceedings that are not in the scope of the agreement, including those related to merged banks are individually revaluated based on the procedural stage they are in.
Note that, regarding disputes relating to economic plans, the Federal Supreme Court (STF) suspended the prosecution of all lawsuits at the cognizance stage, until the Court issues a final decision on the right under litigation.
The Company is disputing the legality and constitutionality of certain taxes and contributions in court, for which provisions for legal obligations have been recorded in full, although there is a good chance of favorable outcome, based on management assessment considering the analysis of an external legal counse. The processing of these legal obligations and the provisions for cases for which the risk of loss is deemed as probable is regularly monitored. During or after the conclusion of each case, a favorable outcome may arise for the Company, resulting in the reversal of the related provisions. The main cases are:
In general, the provisions relating to lawsuits are classified as long-term, due to the unpredictability of the duration of the proceedings in the Brazilian justice system. For this reason, the estimate has not been disclosed with relation to the specific year in which these lawsuits will be closed.
The Company maintains a system to monitor all administrative and judicial proceedings in which the institution is plaintiff or defendant and, classifies the lawsuits according to the expectation of loss, based on management’s assessment considering the analysis of an external legal counsel. Case law trends are periodically analyzed and, if necessary, the related risk is reclassified. In this respect, contingent lawsuits deemed to have a possible risk of loss are not recognized as a liability in the financial statements and totaled, on December 31, 2021, R$7,979,276 thousand (on December 31, 2020 - R$7,222,015 thousand) for civil claims and R$37,556,235 thousand (on December 31, 2020 - R$35,761,167 thousand) for tax proceedings.
The main tax proceedings with this classification are:
The Company's Management conducted a internal evaluation of the records and documents related to the matter and found no evidence of any irregular conduct practiced by their former representatives.
As a result of Operation Zelotes, the Internal Affairs Department of the Ministry of Finance promoted an administrative investigative procedure to verify the need to initiate an Administrative Accountability Proceeding (“PAR”). On February 3, 2020, the decision to file the aforementioned procedure was published in Section 2 of the Federal Official Gazette. The decision rendered by the Corregidor of the Ministry of Economy fully accepted the Final Report of the Processing Commission, the Opinion of the Attorney General's Office of the National Treasury and the Joint Dispatch of the General Management and Administration Coordination and the Head of the Advisory and Judgment Division, which expressly consecrated the acknowledgment of the inexistence of proof that Bradesco has promised, offered, given, directly or indirectly, an undue advantage to public agents involved in said operation, under the terms provided for in art. 5, item I, of Law No. 12,846 of 2013. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER LIABILITIES |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER LIABILITIES | 37) OTHER LIABILITIES Schedule of Other liabilities
Maturity of the leases
The maturity of these financial liabilities as of December 31, 2021 is divided as follows: R$977,027 thousand up to one year (R$942,039 thousand up to 1 year in 2020), R$3,329,764 thousand between 1 and 5 years (R$2,760,546 thousand between one to five years in 2020) and R$828,633 thousand over 5 years (R$1,575,473 thousand for more than five years as of December 31, 2020).
Impacts on the statement of income
The impact on the income for 2021 was: “Expenses of depreciation” – R$725,690 thousand (R$839,177 thousand in 2020), “Interest and similar expenses” – R$462,399 thousand (R$476,215 thousand in 2020) and “Expenses of the foreign exchange variation” – R$15,057 thousand (R$67,291 thousand in 2020), totaling R$1,203,146 thousand in expenses (R$1,304,678 thousand in 2020).
Expenses for 2021 with short-term contracts were R$1,440 thousand (R$1,695 thousand in 2020).
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of other current liabilities. [Refer: Other current liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
SHAREHOLDERS’ EQUITY |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders Equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| SHAREHOLDERS’ EQUITY | 38) SHAREHOLDERS’ EQUITY
The share capital, which is fully subscribed and paid, is divided into registered shares with no par value.
In the Special Shareholders’ Meeting held on March 11, 2019, the approval was proposed by the Board of Directors to increase the share capital by R$8,000,000 thousand, increasing it from R$67,100,000 thousand to R$75,100,000 thousand, with a bonus in shares, through the capitalization of part of the balance of the account “Profit Reserves – Statutory Reserve”, in compliance with the provisions in Article 169 of Law No. 6,404/76, by issuing 1,343,971,619 new nominative-book entry shares, with no nominal value, whereby 671,985,845 are common shares and 671,985,774 are preferred shares, attributed free-of-charge to the shareholders as bonus, to the ratio of 2 new shares for every 10 shares of the same type that they own on the base date, was approved by Bacen on March 19, 2019.
In the Special Shareholders’ Meeting held on March 10, 2020, the Board of Directors’ proposal to increase the share capital by R$4,000,000 thousand was approved, increasing it from R$75,100,000 thousand to R$79,100,000 thousand, with bonus shares, through the capitalization of part of the balance of the “Profit Reserves - Statutory Reserve” account, in accordance with the provisions of Article 169 of Law No. 6,404/76, with the issuance of 806,382,972 new registered-book-entry shares, with no par value, being 403,191,507 common and 403,191,465 preferred shares, which were attributed free of charge to shareholders in the proportion of 1 new share for every 10 shares of the same type that they held on the base date, approved by Bacen on March 30, 2020.
In the Special Shareholders’ Meeting held on March 10, 2021, the Board of Directors’ proposal to increase the share capital by R$4,000,000 thousand was approved, increasing it from R$79,100,000 thousand to R$83,100,000 thousand, with a bonus in shares, through the capitalization of part of the balance of the account “Profit Reserves – Statutory Reserve”, in accordance with the provisions in Article 169 of Law No. 6,404/76, with the issuance of 883,552,687 new registered-book-entry shares, with no par value, being 442,779,931 common and 440,752,756 preferred shares, which were attributed free of charge to shareholders in the proportion of 1 new share for every 10 shares of the same type that they held on the base date.
All of the shareholders are entitled to receive, in total, a mandatory dividend of at least 30% of Bradesco’s annual net income, as shown in the statutory accounting records, adjusted by transfers to reserves. The Company has no obligation that is exchangeable for or convertible into shares. As a result, its diluted earnings per share is the same as the basic earnings per share.
As defined in Central Bank Resolution No. 4,820/20, as amended by Resolution No. 4,885/20, the payout in 2020 was limited to the percentage indicated in the statutory accounting records.
In occurring any operation that changes the number of shares, simultaneously with the transaction in the Brazilian Market, and with the same timeframes, an identical procedure is adopted in the International Market, for the ADRs/GDRs traded in New York, USA, and Madrid, Spain.
Capital reserves
The capital reserve consists mainly of premiums paid by the shareholders upon subscription of shares. The capital reserve is used for (i) absorption of any losses in excess of accumulated losses and revenue reserves, (ii) redemption, reimbursement of purchase of shares, (iii) redemption of founders’ shares, (iv) transfer to share capital, and (v) payment of dividends to preferred shares, when this privilege is granted to them.
Revenue reserves
In accordance with Corporate Legislation, Bradesco and its Brazilian subsidiaries must allocate 5% of their annual statutory net income, after absorption of accumulated losses, to a legal reserve, the distribution of which is subject to certain limitations. The reserve can be used to increase capital or to absorb losses, but cannot be distributed in the form of dividends.
The Statutory Reserve aims to maintain an operating margin that is compatible with the development of the Company’s active operations and may be formed by up to 100% of net income remaining after statutory allocations if proposed by the Board of Executive Officers, approved by the Board of Directors and ratified at the Shareholders’ Meeting, with the accumulated value limited to 95% of the Company’s paid-in capital share amount.
In a meeting of the Board of Directors on December 19, 2019, the Board of Executive Officers ‘proposal for payment of complementary interest on shareholders’ equity for the year of 2019 was approved, in the amount of R$4,245,000 thousand, of which R$0.503379600 per common share and R$0.553717560 per preferred share, payment of which was made on December 30, 2019.
In a meeting of the Board of Directors on December 16, 2020, the proposal of the Board of Executive Officers was approved for payment to shareholders of supplementary interest on shareholders’ equity related to the fiscal year of 2020, to the value of R$3,502,000 thousand, of which R$0.377521225 was offered per common share and R$0.415273347, per preferred share, whose payment will be made on January 7, 2021.
In a meeting of the Board of Directors on June 22, 2021, the Board of Directors proposal was approved for the payment to shareholders of intermediary interest on equity, related to the first half of 2021, amounting to R$5,000,000 thousand, which equates to R$0.490007301 per common share and R$0.53008031 per preferred share, payment of which was made on July 12, 2021.
In a meeting of the Board of Directors on December 9, 2021, the Board of Directors’ proposal was approved for the payment to shareholders of supplementary dividends and interest on equity, related to the second half of 2021, of R$2,200,000 thousand, in which there were dividends of R$2,000,000 thousand, R$0.196595372 per common share and R$0.216254909 per preferred share and interest on equity of R$200,000 thousand, R$0.019659537 per common share and R$0.021625491, payment of which was made on December 30, 2021.
As of December 31, 2021, Bradesco held in treasury 17,493,900 common shares and 12,051,100 preferred shares for a total amount of R$666,702 thousand. The minimum, average and maximum cost per common share is R$17.94, R$21.07 and R$24.28, and per preferred share is R$20.88, R$24.73 and R$28.31, respectively.
Interest on shareholders’ equity/dividends were paid or recognized in provisions, as follows:
d) Shares in treasury
In the Special Shareholders’ Meeting held on March 10, 2021, the cancellation of all shares held in treasury issued by the Company, acquired through a share buyback program was approved, consisting of 34,685,801 nominative-book entry shares, with no nominal value, in which there are 7,307,259 common shares and 27,378,542 preferred shares, with no reduction in the share capital, approved by the Central Bank of Brazil, on April 6, 2021.
On April 23, 2021, the Board of Directors decided to revoke the share buyback program of its own issue to remain in treasury and subsequent disposal or cancellation, currently in force, approved on December 23, 2020, authorizing the acquisition of up to 15,000,000 shares and institued a new buyback program (“new program”) authorizing Bradesco’s Board of Directors to acquire, in the period from April 26, 2021 to April 26, 2022, up to 97,190,795 nominative-book entry shares, with no nominal value, up to 48,705,792 common shares and up to 48,485,003 preferred shares.
On December 31, 2021, 17,493,900 common shares and 12,051,100 preferred shares remained in treasury, amounting to R$666,702 thousand. The minimum, average and maximum cost per common share is R$17.94, R$21.07 and R$24.28 and per preferred share is R$20.88, R$24.73 and R$28.31, respectively. The market value of these shares, on December 31, 2021, was R$16.19 per common share and R$19.21 per preferred share. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
TRANSACTIONS WITH RELATED PARTIES |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TRANSACTIONS WITH RELATED PARTIES | 39) TRANSACTIONS WITH RELATED PARTIES
Related-party transactions (direct and indirect) are disclosed according to IAS 24, the Company has a Transaction Policy with related parties. The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows:
(1) Cidade de Deus Cia. Coml. de Participações, Fundação Bradesco, NCF Participações S.A., BBD Participações S.A. and Nova Cidade de Deus Participações S.A.; (2) Companies listed in Note 26; (3) Members of the Board of Directors and the Board of Executive Officers; and (4) It includes interest on equity and dividends payable.
The following is established each year at the Annual Shareholders’ Meeting:
For 2021, the maximum amount of R$892,614 thousand was determined for the remuneration of the Directors, and part of this refers to the social security contribution to the INSS, which is an obligation of the Company, and R$522,000 thousand to cover supplementary pension plan defined contributions.
The current policy on Management compensation sets forth that 50% of net variable compensation, if any, must be allocated to the acquisition of PNB shares issued by BBD Participações S.A. and/or PN shares issued by Banco Bradesco S.A., which vest in three equal, annual and successive installments, the first of which is in the year following the payment date. This procedure complies with CMN Resolution No. 3,921/10, which sets forth a Management compensation policy for financial institutions.
Short-term benefits for Management
Post-employment benefits
The Company has no long-term benefits or for the termination of employment contracts or for remuneration based on shares for its key Management personnel.
Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The entire disclosure for related parties. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
OFF-BALANCE SHEET COMMITMENTS |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| OFF-BALANCE SHEET COMMITMENTS | 40) OFF-BALANCE SHEET COMMITMENTS
The table below summarizes the total risk represented by off-balance sheet commitments: Total risk represented by off-balance sheet commitments
Financial guarantees are conditional commitments for loans issued to ensure the performance of a customer in an obligation to a third party. There is usually the right of recourse against the customer to recover any amount paid under these guarantees. Moreover, we can retain cash or other highly-liquid funds to counter-guarantee these commitments.
The contracts are subject to the same credit evaluations as other loans and advances. Standby letters of credit are issued mainly to endorse public and private debt issue agreements including commercial paper, securities financing and similar transactions. The standby letters of credit are subject to customer credit evaluation by the Management.
We issue letters of credit in connection with foreign trade transactions to guarantee the performance of a customer with a third party. These instruments are short-term commitments to pay the third-party beneficiary under certain contractual terms for the shipment of products. The contracts are subject to the same credit evaluation as other loans and advances. |
| X | ||||||||||
- Definition The disclosure of commitments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
NEW STANDARDS AND AMENDMENTS AND INTERPRETATIONS OF EXISTING STANDARDS |
12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||
| New Standards And Amendments And Interpretations Of Existing Standards | ||||||||||||||||
| NEW STANDARDS AND AMENDMENTS AND INTERPRETATIONS OF EXISTING STANDARDS | 41) NEW STANDARDS AND AMENDMENTS AND INTERPRETATIONS OF EXISTING STANDARDS
Standards, amendments and interpretations of new standards for the year ended December 31, 2021
Reform in the interest rates used as market references (IBOR) – Phase II. Impacts on IFRS 4 – Insurance Contracts, IFRS 7 – Financial Instruments: Disclosures, IFRS 9 – Financial Instruments, IFRS 16 – Leases and IAS 39 – Financial Instruments: Recognition and Measurement Disclosures. The main changes were: (i) permission to replace the effective interest rate of financial instruments by a compatible rate, without derecognizing the operation, provided that it is a consequence of the reform; (ii) Recognition as a result of the ineffective portion of hedge accounting, due to the e d of the exemptions provided for in Phase I of the project. These changes are effective for years beginning on January 1, 2021. No impacts on the Company were identified.
Standards, amendments and interpretation of standards applicable to future periods
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER INFORMATION |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Information | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| OTHER INFORMATION | 42) OTHER INFORMATION
In order to mitigate the impacts of this crisis, governments and central banks around the world have intervened in the economy of their countries and have adopted unconventional measures, like the closing of non-essential economic activity and actions of monetary stimulus, with the practice of zero interest in addition to fiscal expansion.
In Brazil, various measures have been adopted, including some directly impacting the liquidity of the financial markets, the credit markets, monetary and fiscal policy and exchange rates. In this context, in addition to the various measures taken by the Monetary Policy Committee (COPOM) and the Central Bank of Brazil, such as changing the interest rate, the National Monetary Council and the Federal Government approved, in extraordinary meetings, various measures to help the Brazilian economy tackle the adverse effects caused by the virus.
The Executive and Legislative Powers have tried to approve Bills that minimize the repercussion of Covid-19, including proposing the temporary suspension of taxes (such as the relaxation of the IOF on loans and the deferral of payment of PIS/COFINS) and granting tax benefits to the sectors of the economy/workers most affected.
We cannot control, and nor can we predict what measures or policies the government may adopt in response to the current or future economic situation in Brazil, nor how the intervention or government policies will affect the Brazilian economy and how they will affect our operations. Below we highlight the main items of our statement of financial position which may potentially be impacted:
In-person return to work is taking place gradually in the administrative areas and, regardless of the work model, by a medical team. One of the main objectives of risk management structure is to monitor the allocation of capital and liquidity, aiming to maintain the levels of risk in accordance with the limits established and, in addition, monitor the economic scenarios actively (national and international), as well as the evolution of the Covid-19 pandemic and will make every effort to maintain the fullness of operations, the services to the population, and the stability of the national financial system. Bradesco offer of emergency lines of credit to companies, such as funds for financing of payrolls, as well as the extension of the installments of loan operations to individuals, up to the date of approval of these financial statements, were individually immaterial. The measurements of the future financial and economic impacts related to the pandemic will continue to be assessed, although, they possess a certain level of uncertainty and depend on the development of the pandemic, since, part of the impact of the pandemic is already reflected in the level of provisioning, however, its duration or deterioration cannot yet be predicted, which could continue adversely affecting the global and local economy for an indefinite period of time, which negatively affects the results of financial institutions and, consequently, the performance of operations.
Bradesco's Management has been following up and monitoring the situation. So far, no relevant direct impacts have been identified.
On September 10, 2019, the Central Bank of Brazil authorized Bradesco to: (i) hold up to 100% of the capital of BAC Florida Bank and its subsidiaries - the securities brokerage firm BAC Florida Investments Corp. and the non-financial corporations BAC Global Advisors Inc., 5551 Luckett Road, Inc. and Representaciones Administrativas Internacionales S.A., the latter located in Guatemala and the others located in the United States.
On October 8, 2020, all regulatory authorizations were granted for the acquisition of 100% of the share capital of BAC Florida Bank by Bradesco.
Upon completion of the acquisition, on October 30, 2020, Bradesco:
We present below, the composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares as determined: Composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares
Bradesco hired a specialized and independent company to conduct the study of the purchase price allocation (“PPA”), for the initial allocation of the fair value of the assets acquired and liabilities assumed by BAC Florida.
We present the amounts for the assets and liabilities acquired on October 30, 2020 base date of the acquisition:
Provisional amounts for the assets and liabilities - BAC Florida Bank
The following intangible assets of defined useful life not recognized in BAC Florida Bank’s individual financial statement and goodwill were recognized in the consolidated financial statements.
On December 31, 2021, the impairment test was performed considering the following assumptions:
• For the calculation of the economic value, budgetary projections of five years were used; • For the calculation of the value of perpetuity, the cash flow generated in the last year was considered and the growth rate in perpetuity was 4.24% per annum: inflation of 2.20% and real growth of 2% per annum; and • The nominal discount rate used was 8.93% per annum.
No loss was identified, since the calculated recoverable value is greater than the accounting value. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SIGNIFICANT ACCOUNTING POLICIES (Policies) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Consolidation |
The consolidated financial statements include the financial statements of Bradesco and those of its direct and indirect subsidiaries, including exclusive mutual funds and special purpose entities.
The main subsidiaries included in the consolidated financial statements are as follows:
(1) The functional currency of these companies abroad is the Brazilian Real; (2) The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas; (3) The functional currency of this company is the Mexican Peso; (4) The functional currency of this company is the US dollar; (5) Accounting information used with date lag of up to 60 days; (6) Company merged on March 31, 2021, into Quixaba Empreendimentos e Participações Ltda. (Bradesco wholly owned subsidiary); and (7) The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated.
Subsidiaries are all companies over which the Group, has control. The Company has control over an investee if it is exposed to, or has rights to, variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. The subsidiaries are fully consolidated from the date at which the Company obtains control over its activities until the date this control ceases.
For acquisitions meeting the definition of a business combination, the acquisition method of accounting is used. The cost of acquisition is measured as the fair value of the consideration, including assets given, equity instruments issued and liabilities incurred or assumed at the date of exchange. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date, irrespective of the extent of any non-controlling interest. The excess of the consideration given over the fair value of the Company’s share of the identifiable net assets and non-controlling interest acquired is recorded as goodwill. Any goodwill arising from business combinations is tested for impairment at least once a year and whenever events or changes in circumstances may indicate the need for an impairment write-down. If the cost of acquisition is less than the fair value of the Company’s share of the net assets acquired, the difference is recognized directly in the consolidated statement of income.
For acquisitions not meeting the definition of a business combination, the Company allocates the cost between the individual identifiable assets and liabilities. The cost of acquired assets and liabilities is determined by (a) recognizing financial assets and liabilities at their fair value at the acquisition date; and (b) allocating the remaining balance of the cost of purchasing assets and assuming liabilities to individual assets and liabilities, other than financial instruments, based on their relative fair values of these instruments at the acquisition date.
Companies are classified as associates if the Company has significant influence, but not control, over the operating and financial management policy decisions. Normally significant influence is presumed when the Company holds in excess of 20%, but no more than 50%, of the voting rights. Even if less than 20% of the voting rights are held, the Company could still have significant influence through its participation in the management of the investee or representations on its Board of Directors, providing it has executive power; i.e. voting power.
Investments in associates are recorded in the Company’s consolidated financial statements using the equity method and are initially recognized at cost. The investments in associates include goodwill (net of any impairment losses) identified at the time of acquisition.
The Company has contractual agreements in which two or more parties undertake activities subject to joint control. Joint control is the contractual sharing of control over an activity, and it exists only if strategic, financial and operating decisions are made on a unanimous basis by the parties. A joint venture is an arrangement in which the Group, with other parties, holds joint control, whereby the Group has rights to the arrangement, rather than rights to its assets and obligations for its liabilities. Investments in joint ventures are recorded in the consolidated financial statements of the Company using the equity method.
A structured entity is an entity that has been designed such that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements.
Structured entities normally have some or all of the following features or characteristics:
structured entity’s overall activities without subordinated financial support; and
The Company applies a policy of treating transactions with non-controlling interests as transactions with equity owners of the Bank. For purchases of equity from non-controlling interests, the difference between any consideration paid and the share of the carrying value of net assets of the subsidiary acquired is recorded in equity. Gains or losses on sales to non-controlling shareholders are also recorded in equity.
Profits or losses attributable to non-controlling interests are presented in the consolidated statements of income under this title.
Intra-group transactions and balances (except for foreign currency transaction gains and losses) are eliminated in the consolidation process, including any unrealized profits or losses resulting from operations between the companies except when unrealized losses indicate an impairment loss of the asset transferred which should be recognized in the consolidated financial statements. Consistent accounting policies as well as similar valuation methods for similar transactions, events and circumstances are used throughout the Company for the purposes of consolidation. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign currency translation |
Items included in the financial statements of each of the Company’s entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in Brazilian Reais (R$), which is the Company’s presentation currency. The domestic and foreign subsidiaries use the Real as their functional currency, except for the subsidiary in Mexico, which has the Mexican Peso as its functional currency, and BAC Florida Bank, which has the US dollar as its functional currency.
Foreign currency transactions, which are denominated or settled in a foreign currency, are translated into the functional currency using the exchange rates prevailing on the dates of the transactions.
Monetary items denominated in foreign currency are translated at the closing exchange rate as at the reporting date. Non-monetary items measured at historical cost denominated in a foreign currency are translated at exchange rate on the date of initial recognition; non-monetary items in a foreign currency that are measured at fair value are translated using the exchange rates on the date when the fair value was determined.
Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation at each period exchange rates of monetary assets and liabilities denominated in foreign currencies are recognized in the consolidated statement of income as “Net gains/(losses) of foreign currency transactions”.
In the case of changes in the fair value of monetary assets denominated in foreign currency classified as financial assets at fair value through other comprehensive income, a distinction is made between translation differences resulting from changes in amortized cost of the security and other changes in the carrying amount of the security. Translation differences related to changes in the amortized cost are recognized in the consolidated statement of income, and other changes in the carrying amount, except impairment, are recognized in equity.
The results and financial position of all foreign operations (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows:
Exchange differences arising from the above process are presented in equity as “Foreign currency translation adjustment”.
On consolidation, exchange differences arising from the translation of the net investment in foreign entities are taken to “Other comprehensive income”. If the operation is a non-wholly owned subsidiary, then the relevant proportion of the transaction difference is allocated to the non-controlling interest. When a foreign operation is partially sold or disposed, such exchange differences, which were recognized in equity, are recognized in the consolidated statement of income as part of the gain or loss on sale. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash and cash equivalents |
Cash and cash equivalents include: cash, bank deposits, unrestricted balances held with the Central Bank of Brazil and other highly liquid short-term investments, with original maturities of three months or less and which are subject to insignificant risk of changes in fair value, used by the Company to manage its short-term commitments. See Note 18 (b) – “Cash and cash equivalents”. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial assets and liabilities |
i. Financial assets
The Company classifies and measures financial assets based on the business model for the management of financial assets, as well as on the characteristics of contractual cash flow of the financial asset.
The Company classifies financial assets into three categories: (i) measured at amortized cost; (ii) measured at fair value through other comprehensive income (FVOCI); and (iii) measured at fair value through profit or loss (FVTPL).
- Business model: it relates to the way in which the Company manages its financial assets to generate cash flows. The objective (business model) of management in relation to each portfolio is defined as either: (i) to maintain the assets to receive contractual cash flows; (ii) to maintain the assets to receive the contractual cash flows and sales; or (iii) any other model. When the financial assets conform to the business models (i) and (ii) the SPPI test (Solely Payment of Principal and Interest) is applied. Financial assets held under business model (iii) are measured at FVTPL.
- SPPI Test: the purpose of this test is to assess the contractual terms of the financial instruments to determine if they give rise to cash flows at specific dates that conform only to the payment of the principal and interest on the principal amount.
In this context, the principal refers to the fair value of the financial asset at the initial recognition and interest refers to the consideration for the time value of money, the credit risk associated with the principal amount outstanding for a specific period of time and other risks and borrowing costs. Financial instruments that do not meet the SPPI test are measured at FVTPL, such as derivatives.
All financial assets that do not meet the criteria of measurement at amortized cost or at FVOCI are classified as measured at FVTPL, in addition to those assets that in the initial recognition are irrevocably designated at FVTPL, if this eliminates or significantly reduces asset-liability mismatches.
Financial assets measured at FVTPL are initially recorded at fair value with subsequent changes to the fair value recognized immediately in profit or loss.
Financial assets are initially recognized in the consolidated statement of financial position at fair value and the transaction costs are recorded directly in the consolidated statement of income. Subsequent changes to the fair value are recognized immediately in profit or loss.
Gains and losses arising from changes in fair value of non-derivative assets are recognized directly in the consolidated statement of income under “Net gains/(losses) on financial assets and liabilities at fair value through profit or loss”. Interest income on financial assets measured at FVTPL is included in “Interest and similar income”. For the treatment of derivative assets see Note 2(d)(iii).
They are financial assets that meet the criterion of the SPPI test, which are held in a business model whose objective is both to maintain the assets to receive the contractual cash flows as well as for sale.
These financial assets are initially recognized at fair value, plus any transaction costs that are directly attributable to their acquisition or their issuance and are, subsequently, measured at fair value with gains and losses being recognized in other comprehensive income, except for impairment losses and foreign exchange gains and losses on debt securities, until the financial asset is derecognized. The expected credit losses are recorded in the consolidated statement of income.
Interest income is recognized in the consolidated statement of income using the effective
interest method. Dividends on equity instruments are recognized in the consolidated statement of income in ‘Dividend income’, within “Net Gains/(losses) on financial assets at fair value through other comprehensive income” when the Company’s right to receive payment is established. Gains or losses arising out of exchange variation on investments in debt securities classified as FVOCI are recognized in the consolidated statement of income. See Note 2(d)(viii) for more details of the treatment of the expected credit losses.
Financial assets that meet the criterion of the SPPI test and which are held in a business model whose objective is to maintain the assets to receive the contractual cash flows.
These financial assets are recognized initially at fair value including direct and incremental costs, and are subsequently recorded at amortized cost, using the effective interest rate method.
Interest is recognized in the consolidated statement of income and presented as “Interest and similar income”. In the case of expected credit loss, it is reported a deduction from the carrying value of the financial asset and is recognized in the consolidated statement of income.
ii. Financial liabilities
The Company classifies its financial liabilities as subsequently measured at amortized cost, using the effective interest rate method, except in cases of trading financial liabilities.
Financial liabilities for trading recognized by the Company are derivative financial instruments that are recorded and measured at fair value, with the respective changes in fair value recognized immediately in profit or loss.
The Company does not have any financial liabilities designated at fair value through profit or loss.
For more details on the treatment of derivatives, see Note 2(d) (iii).
Financial guarantees are contracts that require the Company to make specific payments under the guarantee for a loss incurred when a specific debtor fails to make a payment when due in accordance with the terms of the debt instrument.
Financial guarantees are initially recognized in the statement of financial position at fair value on the date the guarantee was given. After initial recognition, the Company’s obligations under such guarantees are measured by the higher value between (i) the value of the provision for expected losses and (ii) the value initially recognized, minus, if appropriate, the accumulated value of the revenue from the service fee. The fee income earned is recognized on a straight-line basis over the life of the guarantee. Any increase in the liability relating to guarantees is reported in the consolidated statement of income within “Other operating income/ (expenses)”.
The expected credit losses, referring to loan commitments, are recognized in liabilities and are calculated, as described in Note 3.1. iii. Derivative financial instruments and hedge transactions
Derivatives are initially recognized at fair value on the date the respective contract is signed and are, subsequently, re-measured at their fair values with the changes recognized in the statement of income under “Net gains or losses on financial assets at fair value through profit or loss”.
Fair values are obtained from quoted market prices in active markets (for example, for exchange-traded options), including recent market transactions, and valuation techniques (for example for swaps and foreign currency transactions), such as discounted cash-flow models and options-pricing models, as appropriate. In the calculation of fair value, the counterparty’s and the entity’s own credit risk are considered.
Certain derivatives embedded in other financial instruments are treated as separate derivatives when their economic characteristics and risks are not closely related to those of the host contract and the host contract is not recorded at fair value through profit or loss. These embedded derivatives are separately accounted for at fair value, with changes in fair value recognized in the consolidated statement of income.
The Company has structures of cash flow hedges, whose objective is to protect the exposure to variability in cash flows attributable to a specific risk associated with all the assets or liabilities recognized, or a component of it. The details of these structures are presented in Note 3.3 – Market risk.
iv. Recognition
Initially, the Company recognizes deposits, securities issued and subordinated debts and other financial assets and liabilities on the trade date, in accordance with the contractual provisions of the instrument.
v. Derecognition
Financial assets are derecognized when there is no reasonable expectation of recovery, when the contractual rights to receive the cash flows from these assets have ceased to exist or the assets have been transferred and substantially all the risks and rewards of ownership of the assets are also transferred. Financial liabilities are derecognized when they have been discharged, paid, redeemed, cancelled or expired. If a renegotiation or modification of terms of an existing financial asset is such that the cash flows of the modified asset are substantially different from those of the original unmodified asset, then the original financial asset is derecognized and the modified financial asset is recognized as a new financial asset and initially measured at fair value.
vi. Offsetting financial instruments
Financial assets and liabilities are offset and the net amount reported in the consolidated statement of financial position when, the Company has the intention and the legal enforceable right to offset the recognized amounts on a net basis or realize the asset and settle the liability simultaneously.
vii. Determination of fair value
The determination of the fair value for the majority of financial assets and liabilities is based on the market price or quotes of security dealers for financial instruments traded in an active market. The fair value for other instruments is determined using valuation techniques. The valuation techniques which include use of recent market transactions, discounted cash flow method, comparison with other instruments similar to those for which there are observable market prices and valuation models.
For more commonly used instruments, the Company uses widely accepted valuation models that consider observable market data in order to determine the fair value of financial instruments.
For more complex instruments, the Company uses its own models that are usually developed from standard valuation models. Some of the information included in the models may not be observable in the market and is derived from market prices or rates or may be estimated on the basis of assumptions.
The value produced by a model or by a valuation technique is adjusted to reflect various factors, since the valuation techniques do not necessarily reflect all of the factors that market participants take into account during a transaction.
The valuations are adjusted to consider the risks of the models, differences between the buy and sell price, credit and liquidity risks, as well as other factors. Management believes that such valuation adjustments are necessary and appropriate for the correct evaluation of the fair value of the financial instruments recorded in the consolidated statement of financial position.
More details on the calculation of the fair value of financial instruments are available in Note 3.4.
viii. Expected credit losses
The Company calculates the expected credit losses for financial instruments measured at amortized cost and at FVOCI (except for investments in equity instruments), financial guarantees and loan commitments.
Expected credit losses on financial instruments are measured as follows:
Financial assets: it is the present value of the difference between contractual cash flows and the cash flows that the Company expects to recover discounted at the effective interest rate of the operation;
Financial guarantees: it is the present value of the difference between the expected payments to reimburse the holder of the guarantee and the values that the Company expects to recover discounted at a rate that reflects the market conditions; and
Loan commitments: it is the present value of the difference between the contractual cash flows that would be due if the commitment was used and the cash flows that the Company expects to recover discounted at a rate that reflects the market conditions.
Expected credit losses are measured on one of the following basis:
− Credit losses expected for 12 months, i.e., credit losses as a result of possible events of delinquency within 12 months after the reporting date; and − Credit Losses expected for the whole of lifecycle, i.e., credit losses that result from all possible events of delinquency throughout the expected lifecycle of a financial instrument. The measurement of expected losses for the whole lifecycle is applied when a financial asset, on the reporting date, has experienced a significant increase in credit risk since its initial recognition and the measurement of expected credit loss for 12 months is applied when the credit risk has not increased significantly since its initial recognition. The Company assumes that the credit risk of a financial asset has not increased significantly when the asset has a low credit risk on the reporting date.
With respect to Brazilian government bonds, the Company has internally developed a study to assess the credit risk of these securities, which does not expect any loss for the next 12 months, that is, no provision is recorded for credit losses.
For loans, the amount of loss is measured as the difference between the asset’s carrying amount and the present value of estimated future cash flows (excluding future credit losses that have not been incurred) discounted at the financial asset’s original effective interest rate. The asset’s carrying amount is reduced through provisions and the amount of the loss is recognized in the consolidated statement of income.
The calculation of the present value of the estimated future cash flows of a collateralized financial asset reflects the cash flows that may result from foreclosure less costs for obtaining and selling the collateral.
The methodology and assumptions used for estimating future cash flows are reviewed regularly to mitigate any differences between loss estimates and actual loss experience.
Following the recognition of expected credit loss, interest income is recognized using the effective rate of interest, which was used to discount the future cash flows, on the accounting value gross of provision, except for assets with problem of credit recovery, in which, the rate stated is applied at the net book value of the provision.
The whole or part of a financial asset is written off against the related credit loss expected when there is no reasonable expectation of recovery. Such loans are written off after all the relevant collection procedures have been completed and the amount of the loss has been determined. Subsequent recoveries of amounts previously written off are credited to the consolidated statement of income.
The criteria used to calculate the expected credit loss and to determine the significantly increased of the credit risk are detailed in Note 3.1. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-current assets held for sale |
Under certain circumstances, property is repossessed following foreclosure of loans that are in default. Repossessed properties are measured at the lower of their carrying amount or fair value less the costs to sell – whichever is the lowest – and are included within “Non-current assets held for sale”. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and equipment |
Property and equipment are measured at cost less accumulated depreciation and accumulated impairment losses (see Note 2(i) below), if any. The cost includes expenses directly attributable to the acquisition of an asset.
The cost of assets internally produced includes the cost of materials and direct labor, as well as any other costs that can be directly allocated and that are necessary for them to function.
When parts of an item have different useful lives, and separate control is practical, they are recorded as separate items (main components) comprising the property and equipment.
Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate.
Gains and losses from the sale of property and equipment are determined by comparing proceeds received with the carrying amount of the asset and are recorded in the consolidated statement of income under the heading “Other operating income/(expenses)”.
Expenditure on maintenance and repairs of property and equipment items is recognized as an asset when it is probable that future economic benefits associated with the items will flow to the Company for more than one year and the cost can be measured reliably. The carrying amount of the replaced part is derecognized. All other repairs and maintenance costs are charged to the consolidated statement of income during the reporting period in which they are incurred.
Depreciation is recognized in the consolidated statement of income using the straight-line basis and taking into consideration the estimated useful economic life of the assets. The depreciable amount is the gross-carrying amount, less the estimated residual value at the end of the useful economic life. Land is not depreciated. Useful lives and residual values are reassessed at each reporting date and adjusted, if appropriate. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible assets |
Intangible assets comprise separately identifiable non-monetary items, without physical substance due to business combinations, such as goodwill and other purchased intangible assets, computer software and other such intangible assets. Intangible assets are recognized at cost. The cost of an intangible asset, acquired in a business combination, is its fair value at the date of acquisition. Intangible assets with a definite useful life are amortized over their estimated useful economic life. Intangible assets with an indefinite useful life are not amortized.
Generally, the identified intangible assets of the Company have a definite useful life. At each reporting date, intangible assets are reviewed for indications of impairment or changes in estimated future economic benefits – see Note 2(i) below.
Goodwill (or bargain purchase gain) arises on the acquisition of subsidiaries, associates and joint ventures and is allocated to Cash Generating Unit (CGU) or groups of CGUs that are expected to benefit from the synergies of the acquisitions.
Goodwill reflects the excess of the cost of acquisition in relation to the Company’s share of the fair value of net identifiable assets or liabilities of an acquired subsidiary, associate or joint venture on the date of acquisition. Goodwill originated from the acquisition of subsidiaries is recognized as “Intangible Assets”, and the goodwill from acquisition of associates and joint ventures is included in the carrying amount of the investment. When the difference between the cost of acquisition and the Company’s share of the fair value of net identifiable assets or liabilities is negative (bargain purchase gain), it is immediately recognized in the consolidated statement of income as a gain on the acquisition date.
Goodwill is tested annually or whenever a trigger event has been observed, for impairment (see Note 2(i) below). Gains and losses realized in the sale of an entity include consideration of the carrying amount of goodwill relating to the entity sold.
Software acquired by the Company is recorded at cost, less accumulated amortization and accumulated impairment losses, if any.
Internal software-development expenses are recognized as assets when the Company can demonstrate its intention and ability to complete the development, and use the software in order to generate future economic benefits. The capitalized costs of internally developed software include all costs directly attributable to development and are amortized over their useful lives. Internally developed software is recorded at its capitalized cost less amortization and impairment losses (see Note 2(i) below).
Subsequent software expenses are capitalized only when they increase the future economic benefits incorporated in the specific asset to which it relates. All other expenses are recorded as expenses as incurred.
Amortization is recognized in the consolidated statement of income using the straight-line method over the estimated useful life of the software, beginning on the date that it becomes available for use. The estimated useful life of software is from two to five years. Useful life and residual values are reviewed at each reporting date and adjusted, if necessary.
Other intangible assets refer basically to the customer portfolio and acquisition of banking service rights. They are recorded at cost less amortization and impairment losses, if any, and are amortized for the period in which the asset is expected to contribute, directly or indirectly, to the future cash flows.
These intangible assets are reviewed annually, or whenever events or changes in circumstances occur which could indicate that the carrying amount of the assets cannot be recovered. If necessary, the write-off or impairment (see Note 2(i) below) is immediately recognized in the consolidated statement of income. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Company lease (lessee) |
h) Company lease (lessee)
As a lessee, the Group assesses at contract inception whether a contract is, or contains, a lease. That is, if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration.
The Company applies a single recognition and measurement approach for all leases, except for short-term leases and leases of low-value assets. The Company recognizes lease liabilities to make lease payments and right-of-use assets representing the right to use the underlying assets.
At the beginning of a lease, the Company recognizes a “lease liability” and a right of use asset. The expenses with interest on the lease liability and expenses of depreciation of the right of use asset are recognized separately.
The right of use asset is measured initially at cost value and is subsequently reduced by the accumulated depreciation and any accumulated impairment losses, when applicable. The right of use will also be adjusted in case of re-measurement of the lease liability. The depreciation is calculated in a linear fashion by the term of the leases.
The lease term is defined as the non-cancellable term of the lease, together with (i) periods covered by the option to extend the lease, if the lessee is reasonably certain to exercise that option; and (ii) periods covered by the option to terminate the lease, if the lessee is reasonably certain that it will not exercise that option. The Company has a descriptive policy for the property lease terms, which considers the business plan and management expectations, extension options and local laws and regulations.
The lease liability is measured initially at the present value of the future lease payments, discounted by the incremental rate applied to each contract in accordance with the leasing term.
The lease payments include fixed payments, less any lease incentives receivable, and variable lease payments that depend on an index or a rate. Variable lease payments that do not depend on an index or a rate are recognized as expenses in the period in which the event or condition that triggers the payment occurs.
The incremental rate applied by the Company takes into account the funding rate free of risk adjusted by the credit spread.
Subsequently, the lease liability is adjusted to reflect the interest levied on the payment flows, re-measured to reflect any revaluation or modifications of leasing and reduced to reflect the payments made.
Financial charges are recognized as a “Interest and similar expenses” and are adjusted in accordance with the term of the contracts, considering the incremental rate.
The contracts and leases of properties with an indefinite period were not considered in the scope of IFRS 16 because they are leases in which the contract can be terminated at any time without a significant penalty. In this way, the rental contract was not considered as executable.
Short-term leases and leases of low-value assets
The Company applies the short-term lease recognition exemption to its short-term leases (leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option). It also applies the lease of low-value assets recognition exemption to leases that are considered to be low value. Lease payments on short-term leases and leases of low-value assets are recognized as expense over the lease term. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Impairment losses on non-financial assets (except for deferred tax assets) | i) Impairment losses on non-financial assets (except for deferred tax assets)
Assets that have an indefinite useful life such as goodwill are not subject to amortization and are tested, at least, annually to verify the existence of impairment.
Assets, which are subject to amortization or depreciation, are reviewed to verify impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized based on the excess the carrying amount of the asset or the cash generating unit (CGU) over its estimated recoverable amount. The recoverable amount of an asset or CGU is the greater of its fair value, less costs to sell, and its value in use.
For the purpose of impairment testing, the assets that cannot be tested individually are grouped together into the smallest group of assets that generates cash inflows from continuing use that are largely independent of the cash inflows of other assets or CGUs. Subject to a ceiling of the operating segments, for the purpose of goodwill impairment testing, CGUs to which goodwill has been allocated are aggregated so that the level at which impairment testing is performed reflects the lowest level at which goodwill is monitored for internal reporting purposes.
When assessing the value in use, future profitability based on business plans and budgets are used, and the estimated future cash flows are discounted to their present value using a discount rate that reflects the current market conditions of the time value of money and the specific risks of the asset or CGU.
The Company’s corporate assets do not generate separate cash inflows and are utilized by more than one CGU. Corporate assets are allocated to CGUs on a reasonable and consistent basis and tested for impairment as part of the testing of the CGU to which the corporate asset is allocated.
Impairment losses are recognized in the consolidated Statement of Income. Impairment losses recognized in respect of CGUs are allocated first to reduce the carrying amount of any goodwill allocated to the CGU (or group of CGUs) and then to reduce the carrying amount of the other assets in the CGU (or group of CGUs) on a pro rata basis.
An impairment of goodwill cannot be reversed. With regard to other assets, an impairment loss recognized in previous periods is reassessed at each reporting date for any indications that the impairment has decreased or no longer exists. An impairment loss will be reversed if there has been a change in the estimates used to determine the recoverable amount or to the extent that the carrying amount of the asset does not exceed the carrying amount that would have been determined, net of depreciation and amortization, if no impairment had been recognized. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Provisions, contingent assets and liabilities and legal obligations | j) Provisions, contingent assets and liabilities and legal obligations
A provision is recognized when, as a result of a past event, the Company has a present legal or constructive obligation that can be reliably estimated and it is probable that an outflow of resources will be required to settle the obligation. Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability.
Provisions were established by Management whenever it considers that there is a probable loss taking into account the opinion of their legal advisors; the nature of the actions; the similarity to previous suits; the complexity and the positioning of the Courts.
Contingent liabilities are not recognized, since their existence will only be confirmed by the occurrence or not of one or more future and uncertain events that are not totally under the control of the Management. Contingent liabilities do not meet the criteria for recognition, since they are considered as possible losses and are disclosed in explanatory notes, when relevant. Obligations classified as remote are neither provisioned nor disclosed.
Contingent assets are recognized only when there are actual guarantees or definitive favorable court rulings, over which there are no more resources, characterizing the gain as practically certain. Contingent assets, whose expectation of success is probable, are only disclosed in the financial statements, when relevant.
Legal obligations arise from legal proceedings, the object of which is its legality or constitutionality, which, independently of the assessment of the likelihood of success, have their amounts fully recognized in the financial statements. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Classification of insurance contracts and investments |
An insurance contract is a contract in which the Company accepts a significant insurance risk from the policy holder by agreeing to compensate the policyholder if a specific, uncertain, future event adversely affects the policy holder. Reinsurance contracts are also treated as insurance contracts because they transfer significant insurance risk. Contracts in the Insurance segment classified as investment contracts are related to our capitalization bonds, which do not transfer significant insurance risk and are accounted for as financial liabilities in accordance with IFRS 9 – Financial Instruments. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Technical provisions for Non-Life, life, health and pension insurance |
The Unearned Premiums Reserve (PPNG) is calculated on a daily pro-rata basis using premiums net of coinsurance premiums, considering amounts ceded through reinsurance operations, and the value registered in the consolidated statement of financial position corresponds to the unexpired risk period of the insurance contracts. For the Non-Life and Life segments, the portion of these reserves corresponding to the estimate for risks in effect but not yet issued is designated in the Estimated Unearned Premiums Reserve (PPNG-RVNE).
The Mathematical Provision for Benefits to be Granted (PMBaC) is calculated by the difference between the current value of future benefits and the current value of future premiums, corresponding to future obligations assumed in the insurance contracts. Specifically for the individual health portfolio, the costs related to the permanence of the dependents in the plan for five years without the corresponding payment of premiums from the expectation of the death of the plan holder are considered. The provision is calculated using methodologies and assumptions consistent with standard actuarial practices. In Pension Plans with variable contribution characteristic, the PMBAC represents the contributions received from participants, net of costs and other contractual charges, plus the financial return generated through the investment of these amounts in units of specially constituted investment funds (FIEs).
The Mathematical Provision for Benefits Granted (PMBC) is recognized for participants already receiving benefits and corresponds to the present value of future obligations related to the payment of those on-going benefits. Specifically, for health insurance, the PMBC considers the obligations arising from the contractual clauses of remission of cash considerations, related to health care coverage and the premiums for payment of the insured participants of the Bradesco Saúde insurance – “GBS Plan”. The provision is calculated according to the methodology and assumptions established in standard actuarial practices.
The provision for claims/events occurred and not reported (IBNR/PEONA) is calculated from the final estimate of claims that have already occurred and not yet reported, based on run-off triangles which consider the historical development of claims reported to establish a future projection by claims occurrence period. For health insurance, monthly run-off triangles are used, which consider the historical development of claims reported in the last 12 months. For Non-Life, Life and Pension Plans, semiannual run-off triangles are used, which consider the historical development of claims reported in the last 10 semesters (Non-Life and Life insurance) and in the last 16 semesters (Pension Plans).
The Provision for Unsettled Claims (PSL/PESL) considers the expected amounts to be settled for all claims notices received up to the balance sheet date. The provision covers administrative and judicial claims monetarily adjusted and with interest in the case of legal claims. For Non-Life insurance, these amounts are net of the corresponding portion of the expected receipt of salvage and reimbursement.
The Provision for Related Expenses (PDR) is set up to cover expected amounts related to claims incurred and to be incurred depending on the structure of each contract.
In Other Technical provisions, the following provisions are being considered:
The supplementary provision for coverage (PCC), which refers to the amount necessary to complement the technical provisions, determined in the liability adequacy test (TAP) for Non-Life, Life insurance and Pension Plans.
The Provision for Insufficiency of Premiums/Considerations (PIC/PIP) of Health insurance contracts, which aims to determine the insufficiency of considerations/premiums to cover the events/losses to occur, when applicable, being calculated from the methodologies defined in standard actuarial practices.
In addition, Other Technical Provisions comprise the following specific provisions for Life insurance contracts and Pension Plans:
- Provision for Redemptions and Other Amounts to Regularize (PVR) for Pension Plans, which covers the amounts related to redemptions to be settled, premium returns and portability requested and not yet transferred to the receiving entity;
- Provision for financial surplus (PEF), which corresponds to the financial result in excess of the minimum guaranteed profitability, passed on to contracts with a financial surplus participation clause for Pension Plans;
- Provision for Technical Surplus (PET) for Pension Plans, which corresponds to the difference between the expected value and the observed value of events that occurred in the period for insurance for insureds with a technical surplus participation clause
- “Other technical provisions (OPT)” for Pension Plans that comprises part of the mathematical provisions of benefits to be granted and benefits granted transferred to this accounting line, as required by SUSEP. This amount refers to the difference between the calculation of mathematical provisions, carried out with realistic premises at the time, approved by the autarchy in 2004, and the calculation with the technical bases defined in the technical notes of the product.
The financial charges credited to technical provisions, and the recording and/or reversal of the financial surplus, are classified as financial expenses, and are presented under “Net income from insurance and Pension Plans”.
The Company conducted the liability adequacy test for all the contracts that meet the definition of an insurance contract according to IFRS 4 – Insurance Contracts and which are in force on the date of execution of the test. This test is conducted every six months and the liability of insurance contracts, gross of reinsurance, is calculated as the sum of the carrying amount, deducting the deferred acquisition costs. This is compared to the expected cash flows arising from the obligations under commercialized contracts and certificates.
The test considerers projections of claims and benefits that have occurred and are to occur,
administrative expenses, allocable expenses related to the claims, intrinsic options and financial surpluses, salvage and recoveries and other income and expense directly related to the insurance contracts.
To calculate the present value of projected cash flows, the Company used the risk free forward (ETTJ) rate which was prepared by SUSEP (Danos) and Fenaprevi (Vida e Previdência) both approved by SUSEP.
In relation to Life insurance and Pension Plans, the contracts are grouped based on similar risks or when the insurance risk is managed jointly by the Management. The projections follow the methodology and assumptions described in the preceding paragraphs of this section.
The result of the liability adequacy test (LAT) presented an insufficiency which was recognized in the Complementary Provision for Coverage (PCC), see Note 34.
Regarding damage insurance, the average projected loss ratio was 45.07% and the average reinsurance projected in the study, calculated based on the reported claims, was 6.85%. The result of the adequacy test did not show insufficiency and, consequently, no incremental additional provisions to the insurance liabilities were recorded. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reinsurance contracts |
Reinsurance contracts are used in the normal course of operations with the purpose of limiting potential losses, by spreading risks. Liabilities relating to contracts that have been reinsured are presented gross of their respective recoveries, which are booked as assets since the existence of the reinsurance contract does not nullify the Company’s obligations with the insured parties.
As required by the regulators, reinsurance companies with headquarters abroad must have a minimum rating, assessed by a credit rating agency, to operate in the country, whereby all other reinsurance operations must be performed with local reinsurers. In this way, credit risks are reduced. If there are indications that the amounts recorded will not be realized at their carrying amount, these assets will be assessed for impairment. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred acquisition costs |
These comprise deferred acquisition costs including commissions and brokers’ fees related to the sale of insurance policies. Deferred commissions are recognized in the consolidated statement of income over the life of the respective policies and pension plan contracts or over an average period of 12 months. Expenses relating to insurance agency operations relating to the sale of health plans are amortized over a 24 month period. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capitalization bonds |
o) Capitalization bonds
The liability for capitalization bonds is registered in the line item “Other liabilities”. Financial liabilities and revenues from capitalization bonds are recognized at the time bonds are issued.
The bonds are issued according to the types of payments, monthly or in a single payment. Each bond has a nominal value, which is indexed to the Referential Rate index (TR) plus a spread until the redemption or cancellation of the bond. Amounts payable are recognized in the line item “Other Liabilities – Capitalizations Bonds”.
Capitalization bond beneficiaries are eligible for a prize draw. At the end of a certain period that is determined at the time the capitalization bond is issued, a beneficiary may redeem the nominal value paid plus the accumulated interest. These products are regulated by the insurance regulator in Brazil; however, they do not meet the definition of an insurance contract in accordance with IFRS 4 and, therefore, are classified as financial liabilities.
Unclaimed amounts from “capitalization plans” are derecognized when the obligation legally expires. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net insurance income |
p) Net insurance income
Insurance and coinsurance premiums, net of premiums transferred through coinsurance and reinsurance and related commissions, are recognized as income upon issuance of the respective policies and invoices or at the beginning of the risk period for cases in which the cover begins before the issue date, and accounted for on a straight-line basis, over the duration of the policies, through the upfront recognition and subsequent reversal of the provision for unearned premiums and the deferred acquisition costs. Income from premiums and the acquisition costs related to risks already assumed whose respective policies have not yet been issued are recognized in the consolidated statement of income at the start of the risk coverage period on an estimated basis.
Accepted coinsurance contracts and retrocession operations are recorded on the basis of information received from the lead coinsurer and IRB – Brasil Resseguros S.A. (IRB), respectively.
Reinsurance operations are recorded based on the provision of accounts, which are subject to review by reinsurers. The deferral of these operations is carried out in a manner consistent with the related insurance premium and/or reinsurance contract.
The acquisition costs relating to the commission of insurance are deferred and adapted to the result in proportion to the recognition of the earned premium. The receipts from insurance agency operations are deferred and recognized in income linearly, for a period of 24 months in health insurance operations and for the period of 12 months in the other operations.
Contributions to Pension Plans and Life insurance premiums with survivor coverage are recognized in income upon their effective receipt. The management fee income is appropriated to the income on an accrual basis, according to contractually established rates.
Financial revenues include interest income on assets including financial assets at fair value through other comprehensive income, income from dividends, gains from the disposal of financial instruments fair value on other comprehensive income, changes in the fair value of financial assets measured at fair value through profit or loss, accrued income in the calculation of the amortized cost of securities and reclassifications of gains previously recognized in other comprehensive income. The income from interest is recognized in the results through the effective interest method.
Financial expenses cover losses in the disposal of assets available for sale, changes in the fair value of financial assets measured at fair value through profit or loss and losses by impairment recognized in the financial assets (except receivables). |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Employee benefits |
Bradesco recognizes, prospectively the surplus or deficit of its defined benefit plans and post-retirement plans as an asset or an obligation in its consolidated statement of financial position, and recognizes the changes in the financial condition during the year in which the changes occurred, in profit or loss.
Bradesco and its subsidiaries sponsor Pension Plans for their employees and Management. Contribution obligations for defined contribution Pension Plans are recognized as expenses in profit or loss as incurred. Once the contributions are paid, Bradesco, in the capacity of employer, has no obligation to make any additional payment.
The Company’s net obligation, in relation to the defined benefit plans, refers exclusively to institutions acquired and is calculated separately for each plan, estimating the future defined benefit that the employees will be entitled to after leaving the Company or at the time of retirement.
Bradesco’s net obligation for defined benefit plans is calculated on the basis of an estimate of the value of future benefits that employees receive in return for services rendered in the current and prior periods. This value is discounted at its current value and is presented net of the fair value of any plan assets.
The calculation of the obligation of the defined benefit plan is performed annually by a qualified actuary, using the projected unit credit method, as required by accounting rule.
Remeasurement of the net obligation, which include: actuarial gains and losses, the return of the assets of the plan other than the expectation (excluding interest) and the effect of the asset ceiling (if any, excluding interest), are recognized immediately in other comprehensive income.
Net interest and other expenses related to defined benefit plans are recognized in the statement of income.
Severance benefits are accrued when the employment relationship is terminated by the Company before the employee’s normal date of retirement or whenever the employee accepts voluntary redundancy in return for such benefits.
Benefits which are payable 12 months or more after the reporting date are discounted to their present value.
Benefits such as wages, salaries, social security contributions, paid annual leave and paid sick leave, profit sharing and bonuses (if payable within 12 months of the reporting date) and non-monetary benefits such as health care, etc. are recorded as expenses in the consolidated statement of income, without any discount to present value, if the Company has a present legal or constructive obligation to pay the amount as a result of past service provided by the employee and the obligation can be reliably estimated.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest |
Income from financial assets measured at amortized cost and at FVOCI, except instruments of equity and interest costs from liabilities classified at amortized cost are recognized on an accrual basis in the consolidated statement of income using the effective interest rate method. The effective interest rate is the rate that discounts estimated future cash payments and receipts throughout the expected life of the financial asset or liability (or, when appropriate, a shorter period) to the carrying amount of the financial asset or liability. When calculating the effective rate, the Company estimates future cash flows considering all contractual terms of the financial instrument, but not future credit losses.
The calculation of the effective interest rate includes all commissions, transaction costs, discounts or bonuses which are an integral part of such rate. Transaction costs are incremental costs directly attributable to the acquisition, issuance or disposal of a financial asset or liability. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fees and commissions |
Fees and commission income and expense which are part of and are directly allocable to the effective interest rate on a financial asset or liability are included in the calculation of the effective interest rate.
Other fee and commission income, substantially composed by account service fees, asset management fees, credit card annual charges, and collection and consortium fees are recognized, according to the requirements of IFRS 15 - Revenue from Contracts with Customers, to the extent that the obligations of performance are fulfilled. The price is allocated to the provision of the monthly service, and the revenue is recognized in the result in the same manner. When a loan commitment is not expected to result in the drawdown of a loan, the related commitment fees are recognized on a straight-line basis over the commitment period. Other fees and commissions expense relate mainly to transaction as the services are received. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income tax and social contribution |
Deferred tax assets, calculated on income tax losses, social contribution losses and temporary differences, are recognized in “Deferred tax assets” and the deferred tax liabilities on tax differences in lease asset depreciation (applicable only for income tax), fair value adjustments on securities, inflation adjustment of judicial deposits, among others, are recognized in “Deferred taxes”.
Deferred tax assets on temporary differences are realized when the difference between the accounting treatment and the income tax treatment reverses. Deferred tax assets on carried forward income tax and social contribution losses are realizable when taxable income is generated, up to the 30% limit of the taxable profit for the period. Deferred tax assets are recognized based on current expectations of realization considering technical studies and analyses carried out by Management.
The provision for income tax is calculated at the base rate of 15% of taxable income, plus an additional 10%. The social contribution on net income (CSLL) for financial, insurance and similar companies is calculated at the rate of 15% and 9% for other companies. In November 2019, Constitutional Amendment No. 103 was enacted, establishing in article 32, the increase in the CSLL rate of the "Banks" from 15% to 20%, effective as of March 2020. In March 1, 2021, Provisional Measure No. 1,034 ("MP") was published, converted into Law No. 14,183, on July 14, 2021, which raised the rate of CSLL by five percentage points, during the period from July 1, 2021 to December 31, 2021.
Provisions were recognized for income tax and social contribution in accordance with specific applicable legislation. The breakdown of income tax and social contribution, showing the calculations, the origin and expected use of deferred tax assets, as well as unrecognized deferred tax assets, is presented in Note 37. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segment reporting |
Information for operating segments is consistent with the internal reports provided to the Executive Officers (being the Chief Operating Decision Makers), which are comprised by the Chief Executive Officer, Executive Vice-Presidents, Managing Officers and Deputy Officers. The Company operates mainly in the banking and insurance segments. The banking operations include operations in retail, middle market and corporate activities, lease, international bank operations, investment banking and private banking. The Company’s banking activities are performed through its own branches located throughout the country, in branches abroad and through subsidiaries, as well as by means of our shareholding interest in other companies. The insurance segment consists of insurance operations, supplementary Pension Plans and capitalization plans which are undertaken through a subsidiary, Bradesco Seguros S.A., and its subsidiaries. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders’ Equity |
Preferred shares have no voting rights, but have priority over common shares in reimbursement of capital, in the event of liquidation, up to the amount of the capital represented by such preferred shares, and the right to receive a minimum dividend per share that is ten percent (10%) higher than the dividend distributed per share to the holders of common shares.
Incremental costs directly attributable to the issuance of shares are shown net of taxes in shareholders’ equity, thus reducing the initial share value.
The Company presents basic and diluted earnings per share data. Basic earnings per share is calculated by allocating the net income attributable to shareholders between that attributable to common shareholders and that attributable to preferred shareholders and dividing this by the weighted average number of common and preferred shares, respectively, outstanding during the year, excluding the average number of shares purchased by the Company and held as treasury shares. Diluted earnings per share are the same as basic earnings per share, as there are no potentially dilutive instruments.
Dividends on shares are paid and provisioned during the year. In the Shareholders’ Meeting are approved at least the equivalent of 30% of the annual adjusted net income, in accordance with the Company’s Bylaws. Dividends approved and declared after the reporting date of the financial statements, are disclosed in the notes as subsequent events.
Capital transactions are transactions between shareholders. These transactions modify the equity held by the controlling shareholder in a subsidiary. If there is no loss of control, the difference between the amount paid and the fair value of the transaction is recognized directly in the shareholders’ equity. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for costs related to acquisition of customers. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for employee benefits. Employee benefits are all forms of consideration given by an entity in exchange for services rendered by employees or for the termination of employment. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for fee and commission income and expense. [Refer: Fee and commission income (expense)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for financial instruments. [Refer: Financial instruments, class [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for foreign currency translation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for the impairment of non-financial assets. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for income tax. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for insurance contracts and related assets, liabilities, income and expense. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for intangible assets and goodwill. [Refer: Intangible assets and goodwill] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for leases. A lease is an agreement whereby the lessor conveys to the lessee in return for a payment or series of payments the right to use an asset for an agreed period of time. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for non-current assets or disposal groups classified as held for sale. [Refer: Non-current assets or disposal groups classified as held for sale] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for property, plant and equipment. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for provisions. [Refer: Provisions] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for reinsurance. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The description of the entity's accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
SIGNIFICANT ACCOUNTING POLICIES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The main subsidiaries included in the consolidated financial statements are as follows: | The main subsidiaries included in the consolidated financial statements are as follows:
(1) The functional currency of these companies abroad is the Brazilian Real; (2) The special purpose entity International Diversified Payment Rights Company is being consolidated. The company is part of a structure set up for the securitization of the future flow of payment orders received overseas; (3) The functional currency of this company is the Mexican Peso; (4) The functional currency of this company is the US dollar; (5) Accounting information used with date lag of up to 60 days; (6) Company merged on March 31, 2021, into Quixaba Empreendimentos e Participações Ltda. (Bradesco wholly owned subsidiary); and (7) The investment funds in which Bradesco assumes or substantially retains the risks and benefits were consolidated. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- Definition The disclosure of subsidiaries. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
RISK MANAGEMENT (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The following table presents the main metrics established by prudential regulation, such as regulatory capital, leverage ratio and liquidity indicators: | The following table presents the main metrics established by prudential regulation, such as regulatory capital, leverage ratio and liquidity indicators:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The minimum regulatory requirements determined by Central Bank of Brazil are presented below: | The minimum regulatory requirements determined by Central Bank of Brazil are presented below:
1 The Total Capital Ratio, the Tier I Ratio and the Common Equity Tier I Ratio encompass the Additional CET1 buffer requirements of Conservation, Systemic and Countercyclical, as per the CMN Resolution 4,193/13 and BCB Circular 3,768/15 and 3,769/15, respectively. The CMN Resolution 4,783/20, effective as of April, 2020, establishes the reduction of the conservation capital buffer requirement from 2.5% to 1.25%, for a period of one year and after this period, the requirement will be gradually reinstated until March 31, 2022 at the level of 2.5%. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The following table presents information on the amount of RWA used to determine the minimum RE requirement, as established in art. 4 of CMN Resolution No. 4,193/13: | The following table presents information on the amount of RWA used to determine the minimum RE requirement, as established in art. 4 of CMN Resolution No. 4,193/13:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| We present below the maximum credit risk exposure of the financial instruments: | We present below the maximum credit risk exposure of the financial instruments:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Concentration of credit risk | Concentration of credit risk
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterparty operates. | The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterparty operates.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below shows the fair value of guarantees of loans and advances to customers. | The table below shows the fair value of guarantees of loans and advances to customers.
(1) Of the total balance of loan operations, R$374,688,000 (2020 – R$354,814,000 thousand) refers to operations without guarantees. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Exposure – Trading Portfolio (Fair Value) | Financial Exposure – Trading Portfolio (Fair Value)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of trading portfolio of tax | Schedule of trading portfolio of tax
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The capital is calculated by the normal delta VaR model based in Regulatory Portfolio, composed by Trading Portfolio and the Foreign Exchange Exposures and the Commodities Exposure of the Banking Portfolio. | The capital is calculated by the normal delta VaR model based in Regulatory Portfolio, composed by Trading Portfolio and the Foreign Exchange Exposures and the Commodities Exposure of the Banking Portfolio. In addition, the historical simulation and the Delta–Gamma–Vega models of risk are applied to measure all risk factors to an options portfolio, whichever is the most conservative, whereby this risk of options is added to the VaR of the portfolio. In this model, risk value is extrapolated to the regulatory horizon[2] (the highest between 10 days and the horizon of the portfolio) by the ‘square root of time’ method. VaR and Stressed VaR shown below refer to a ten-day horizon and are net of tax effects.
Note: Ten-day horizon VaR net of tax effects. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The Company also assesses on a daily basis, the possible impacts on positions in stress scenarios for the next 20 business days, with limits established in the governance process. Thus, considering the effect of diversification between the risk factors and the tax effects. | The Company also assesses on a daily basis, the possible impacts on positions in stress scenarios for the next 20 business days, with limits established in the governance process. Thus, considering the effect of diversification between the risk factors and the tax effects.
Note: Values net of tax effects.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sensitivity Analysis – Trading Portfolio | Sensitivity Analysis – Trading Portfolio
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sensitivity Analysis – Trading and Banking Portfolios | Sensitivity Analysis – Trading and Banking Portfolios
(1) Values net of taxes.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below presents the cash flows payable for non-derivative financial liabilities, covering the remaining contractual period to maturity as from the date of the consolidated statement of financial position. The values disclosed in this table represent the undiscounted contractual cash flows. | The table below presents the cash flows payable for non-derivative financial liabilities, covering the remaining contractual period to maturity as from the date of the consolidated statement of financial position. The values disclosed in this table represent the undiscounted contractual cash flows.
(1) Include, mainly, credit card transactions, foreign exchange transactions, negotiation and intermediation of securities, leases and capitalization bonds. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below analyzes the derivative financial liabilities that will be settled at net value, grouped based on the period remaining from the reporting date to the respective maturity date. The values disclosed in the table are undiscounted cash flows. | The table below analyzes the derivative financial liabilities that will be settled at net value, grouped based on the period remaining from the reporting date to the respective maturity date. The values disclosed in the table are undiscounted cash flows.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The tables below show the financial assets and liabilities of the Company segregated by maturities used for the management of liquidity risks, in accordance with the remaining contractual maturities on the reporting date: | The tables below show the financial assets and liabilities of the Company segregated by maturities used for the management of liquidity risks, in accordance with the remaining contractual maturities on the reporting date:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The tables below show the assets and liabilities of the Company segregated by current and non-current, in accordance with the remaining contractual maturities on the reporting date | The tables below show the assets and liabilities of the Company segregated by current and non-current, in accordance with the remaining contractual maturities on the reporting date:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The tables below present the composition of the financial assets and liabilities measured at fair value, classified using the hierarchical levels: | The tables below present the composition of the financial assets and liabilities measured at fair value, classified using the hierarchical levels:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below presents a reconciliation of securities and derivative financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3): | The table below presents a reconciliation of securities and derivative financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Sensitivity analysis for financial assets classified as Level 3 | Sensitivity analysis for financial assets classified as Level 3
(1) Values net of taxes. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below summarizes the carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value, classified using the hierarchical levels: | The table below summarizes the carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value, classified using the hierarchical levels:
(1) Amounts of loans and receivables are presented net of the provision for impairment losses. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below shows the concentration of risks, based on the amounts of premiums written net of reinsurance, cancellations and social security contributions: | The Company operates throughout the national territory, so that potential exposures to risk concentration are monitored through management reports where the results of contracts sold within the scope of the business by branch (except Health and Dental) are observed. The table below shows the concentration of risks, based on the amounts of premiums written net of reinsurance, cancellations and social security contributions:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The sensitivity test for Life insurance and Pension Plans was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below. | The sensitivity test for Life insurance and Pension Plans was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below.
The sensitivity test for insurance for people, except individual Life insurance, was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| For Non-Life, life (except individual Life) and Health insurance, including dental, the table below shows the result if there was an increase in the loss ratio by 1 percentage point in the last twelve months of the calculation base date: | For Non-Life, life (except individual Life) and Health insurance, including dental, the table below shows the result if there was an increase in the loss ratio by 1 percentage point in the last twelve months of the calculation base date:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- 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] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
OPERATING SEGMENTS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Information by operating segment, reviewed. | Information by operating segment, reviewed. All transactions between operating segments are conducted on an arm’s length basis, with intra-segment revenue and costs being eliminated in “Other operations, adjustments and eliminations”. Income and expenses directly associated with each segment are included in determining business-segment performance.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the loss expected from financial assets, business models, and effective interest rates and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances referring to “Net gains / (losses) on financial assets and liabilities at fair value through profit or loss”, “Net gains / (losses) on financial assets at fair value through other comprehensive income” and “Net gains / (losses) from operations in foreign currency”; and (5) Includes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the loss expected from financial assets, business models and effective interest rate and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances referring to “Net gains / (losses) on financial assets and liabilities at fair value through profit or loss”, “Net gains / (losses) on financial assets at fair value through other comprehensive income” and “Net gains / (losses) from operations in foreign currency”; and (5) Icludes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization.
(1) Refers to: consolidation adjustments, originating from proportionally consolidated companies (Grupo Cielo, Grupo Alelo, Crediare, etc.) for management purposes; (2) Consolidation adjustments originating from the “non-consolidation” of exclusive funds; (3) Adjustments due to the differences of the accounting standards used in the management reports and in the financial statements of the Company that were prepared in accordance with IFRS. The main adjustments refer to the impairment of loans and advances, effective interest rate and business combinations; (4) Includes, in the Consolidated Financial Statements, the balances related to “Net gains/(losses) on financial assets and liabilities at fair value through income”, “Net gains/(losses) on financial assets at fair value through other comprehensive income” and “Net gains/(losses) on foreign currency transactions”; and (5) Includes, in the Consolidated Financial Statements, the balances referring to depreciation and amortization. |
| X | ||||||||||
- References No definition available.
|
NET INTEREST INCOME (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net interest income | Net interest income
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
FEE AND COMISSION INCOME (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fee and commission income | Fee and commission income
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
NET GAINS/(LOSSES) ON FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||
| Net Gainslosses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss | |||||||||||||||||||||||||||
| Net gains/(losses) on financial assets and liabilities at fair value through profit or loss | Net gains/(losses) on financial assets and liabilities at fair value through profit or loss
|
||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
NET GAINS/(LOSSES) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (Tables) |
12 Months Ended | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||
| Net Gainslosses On Financial Assets At Fair Value Through Other Comprehensive Income | |||||||||||||||||||||||
| Net gains/(losses) on financial assets at fair value through other comprehensive income | Net gains/(losses) on financial assets at fair value through other comprehensive income
|
||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
GROSS PROFIT FROM INSURANCE AND PENSION PLANS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Gross Profit From Insurance And Pension Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income from insurance and pension plans | Income from insurance and pension plans
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
PERSONNEL EXPENSES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||
| Personnel expenses | Personnel expenses
|
||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
OTHER ADMNISTRATIVE EXPENSES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other administrative expenses | Other administrative expenses
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
DEPRECIATION AND AMORTIZATION (Tables) |
12 Months Ended | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||
| Depreciation And Amortization | |||||||||||||||||||||||
| Depreciation and amortization | Depreciation and amortization
|
||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER OPERATING INCOME/(EXPENSES) (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||
| Other operating income/(expenses) | Other operating income/(expenses)
|
|||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
INCOME TAX AND SOCIAL CONTRIBUTION (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Calculation of income tax and social contribution charges | Calculation of income tax and social contribution charges
(1) Primarily, includes: (i) the exchange variation of assets and liabilities, derived from investments abroad, in the amount of R$443,247 thousand (R$ 10,047,819 thousand - 2020); (ii) the equalization of the effective rate of non-bank financial companies and companies in the insurance industry, as of 2020, and of non-financial companies, in relation to that shown; and (iii) the deductions incentivized. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of income tax and social contribution in the consolidated statement of income | Composition of income tax and social contribution in the consolidated statement of income
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred income tax and social contribution presented in the consolidated statement of financial position | Deferred income tax and social contribution presented in the consolidated statement of financial position
(1) Deferred income and social contribution tax assets and liabilities are offset in the statement of financial position within each taxable entity, and were R$7,363,779 thousand in 2021 (R$9,112,176 thousand in 2020). |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution | Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred tax liabilities | Deferred tax liabilities
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income tax and social contribution on adjustments recognized directly in equity | Income tax and social contribution on adjustments recognized directly in equity
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
EARNINGS PER SHARE (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||
| The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below: | The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below:
(1) All share amounts presented for prior periods have been adjusted to reflect the bonus share issue approved at the Special Shareholders’ Meeting held on March 10, 2021, in the proportion of one new share for every 10 shares held. |
|||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
CASH, BALANCES WITH BANKS ANS CASH EQUIVALENTS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||
| Cash and balances with banks |
|
||||||||||||||||||||||||||
| Cash and cash equivalents |
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||
| Financial assets at fair value through profit or loss |
|
||||||||||||||||||||||||||||||||||||||||||||||
| Maturity |
|
||||||||||||||||||||||||||||||||||||||||||||||
| Liabilities at fair value through profit or loss |
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
DERIVATIVE FINANCIAL INSTRUMENTS (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Company is as follows: | The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Company is as follows:
Derivatives include operations maturing in D+1. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Risk of Default | Risk of Default
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exposure to future changes in interest rates | Exposure to future changes in interest rates
(1) It refers to the DI interest rate risk, using DI Futures contracts in B3 and Swaps, with the maturity dates until 2027, making the cash flow fixed; and (2) It refers to the DI interest rate risk, using DI Futures contracts in B3 and Swaps, with maturity dates until 2025, making the cash flow fixed. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exchange rate exposure risk | Exchange rate exposure risk
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Exchange rate exposure risk 1 | Exchange rate exposure risk 1
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The table below presents financial assets and liabilities subject to net settlement: | The table below presents financial assets and liabilities subject to net settlement:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Assets At Fair Value Through Other Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial assets at fair value through other comprehensive income | Financial assets at fair value through other comprehensive income
(1) In December 2021, Management reclassified securities measured at fair value through other comprehensive income to measured at fair value through profit or loss, in the amount of R$40,305,887 thousand, reflected in profit or loss, in the gross amount of R$(1,373,557) Thousand. This reclassification was the result of the alignment of risk and capital management. ; and (2) In June 2020, Management reclassified the Securities measured at fair value through other comprehensive income to be measured at amortized cost, in the amount of R$20,009,471 thousand. This reclassification was the result of the alignment of risk and capital management. Without considering this reclassification of the securities it would have been recognized in other comprehensive income fair value changes in the amount of R$1,794,263 thousand. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial assets at fair value through other comprehensive income - Maturity | Financial assets at fair value through other comprehensive income - Maturity
The financial instruments pledged as collateral, classified as Financial assets at fair value through other comprehensive income, totalled R$66,690,800 thousand on December 31, 2021 (2020 – R$35,548,882 thousand), being composed mostly of Brazilian government bonds. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in equity instruments designated at fair value through other comprehensive income | Investments in equity instruments designated at fair value through other comprehensive income
The Company adopted the option of designating equity instruments at fair value through other comprehensive income due to the particularities of a given market. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of expected losses of financial assets at FVOCI | Reconciliation of expected losses of financial assets at FVOCI
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
LOANS AND ADVANCES TO FINANCIAL INSTITUTIONS (Tables) |
12 Months Ended | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||
| Loans and advances to financial institutions | Loans and advances to financial institutions
|
| X | ||||||||||
- References No definition available.
|
LOANS AND ADVANCES TO CUSTOMERS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans And Advances To Customers | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances to customers | Loans and advances to customers
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loans and advances to customers include the following financial lease receivables. | Loans and advances to customers include the following financial lease receivables.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of the gross book value of loans and advances to customers | Reconciliation of the gross book value of loans and advances to customers
(1) Composed of advanced settlements, maturities and changes.
(1) Composed of advanced settlements, maturities and changes. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of expected losses from loans and advances to customers | Reconciliation of expected losses from loans and advances to customers
(1) Consider expected losses on loans, commitments to be released and financial guarantees provided.
(1) Consider expected losses on loans, commitments to be released and financial guarantees provided. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| In order to determine possible oscillations of expected loss arising from the economic projections, simulations were made by changing the weighting of the scenarios used in the calculation of the expected loss. In the table below, we show the probabilities assigned to each scenario and the impacts: | In order to determine possible oscillations of expected loss arising from the economic projections, simulations were made by changing the weighting of the scenarios used in the calculation of the expected loss. In the table below, we show the probabilities assigned to each scenario and the impacts:
* Scenario in which the economy grows more than expected. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Expected loss on loans and advances | Expected loss on loans and advances
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers: | The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
BONDS AND SECURITIES AT AMORTIZED COST (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bonds And Securities At Amortized Cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bonds and securities at amortized | Bonds and securities at amortized
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maturity | Maturity
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of expected losses of financial assets at amortized cost: | Reconciliation of expected losses of financial assets at amortized cost:
(1) The expected loss expense is recorded as “Expected Loss on Other Financial Assets” in the Consolidated Statement of Income. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
NON-CURRENT ASSETS HELD FOR SALE (Tables) |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| Non-current assets held for sale | Non-current assets held for sale
|
| X | ||||||||||
- References No definition available.
|
INVESTMENTS IN ASSOCIATES AND JOINT VENTURES (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments In Associates And Joint Ventures | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Breakdown of investments in associates and joint ventures |
(1) Income from financial intermediation or fee and commissions; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. On December 31, 2021, the Company received R$117,803 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements referring to December 31, 2021 Cielo S.A. presented R$356,627 thousand of other comprehensive income; and (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with a lag in relation to the reporting date of these consolidated financial statements.
(1) Income from financial intermediation or fee and commission; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2020, the Company received R$20,797 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements, Cielo S.A. presented R$45,693 thousand of other comprehensive income; (3) Equity method discontinued after the loss of significant influence resulting from the resignation of the chair on the institution’s board of directors, occurred in April 2020, investment subsequently classified as securities at fair value through other comprehensive income; (4) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2020, the Company received R$228,125 thousand of dividends from this investment; (7) Company sold in July 2020; and (8) Company merged in November 2020.
(1) Income from financial intermediation or fee and commission; (2) Brazilian company, services provider related to credit and debit cards and other means of payment. In 2019, the Company received R$448,291 thousand of dividends and interest on shareholders’ equity of this investment. In its financial statements, Cielo S.A. presented R$45,693 thousand of other comprehensive income; (3) Companies for which the equity accounting adjustments are calculated using statements of financial position and statements of income with lag in relation to the reporting date of these consolidated financial statements; (4) Bradesco has a board member at IRB-Brasil with voting rights, which results in significant influence; (5) Participation in Fleury S.A. (i) company considered using equity method as Bradesco has significant influence due its participation on the Board of the Directors and other Committees; (6) In 2019, occurred alienation of NCR Brasil Indústria de Equipamentos para Automação S.A.; (7) Brazilian company, holding company that consolidates joint business related to electronic means of payment. In 2019, the Company received R$72,215 thousand of dividends from this investment. In its financial statements, Elo Participações S.A. presented R$22 thousand of other comprehensive income; (8) In December 2019, we began to consolidate the company MPO – Processadora de Pagamentos Móveis S.A., after the shareholding acquisition; and (9) In 2019, impairment losses were recorded in “associates and jointly controlled entities” in the amount of R$727,235 thousand. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in associates |
(1) In January 2021, there was the divestiture of Cia Brasileira de Gestão e Serviços S.A. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
PROPERTY AND EQUIPMENT (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of property and equipment by class |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Change in property and equipment by class |
(1) It includes underlying assets identified in lease contracts recognized under the scope of IFRS 16. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
INTANGIBLE ASSETS AND GOODWILL (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Change in intangible assets and goodwill by class | a) Change in intangible assets and goodwill by class
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of goodwill by segment |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER ASSETS (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other assets | Other assets
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
DEPOSITS FROM BANKS (Tables) |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| Composition by nature | Composition by nature
|
| X | ||||||||||
- References No definition available.
|
DEPOSITS FROM CUSTOMERS (Tables) |
12 Months Ended | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||
| Composition by nature | Composition by nature
|
| X | ||||||||||
- References No definition available.
|
FUNDS FROM SECURITIES ISSUED (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||
| Funds From Securities Issued | |||||||||||||||||||||||||||||||||||||||||||||
| Composition by type of security issued and location |
|
||||||||||||||||||||||||||||||||||||||||||||
| Net financial activity in the issuance of securities | Net financial activity in the issuance of securities
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SUBORDINATED DEBT (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of subordinated debt |
(1) It includes the amount of R$31,129,540 thousand (on December 2020 – R$26,741,610 thousand), referring to subordinated debts recognized in “Eligible Debt Capital Instruments” for regulatory capital purpose; and (2) In the year ended December 31, 2021, there was the maturity of the subordinated debt issued Abroad – Bradesco Grand Cayman – the total amount of the transaction was R$8,314,720 thousand. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Movements in subordinated debt |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
TECHNICAL INSURANCE PROVISION AND PENSION PLANS (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Technical Insurance Provision And Pension Plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Technical provisions by account |
(1) “Other technical provisions” – Insurance includes substantially the Provision for Insufficient Premiums (PIP) of R$3,280,927 thousand (R$ 3,044,169 thousand on December 31, 2020) and provision of related expenses of R$ 84,224 thousand (R$ 78,673 thousand on December 31, 2020); (2) The “Other technical provisions” line of Life and Pension Plan substantially includes “Provision for redemptions and other amounts to be settled” in the amount of R$3,047,124 thousand, “Provision of related expenses” of R$653,541 (R$ 633,768 thousand on December 31, 2020), “Complementary Provision for Coverage (PCC)” in the amount of R$1,926,919 thousand (R$ 3,161,509 thousand on December 31, 2020) and” Other technical provisions” of R$1,305,127 thousand (R$ 1,305,127 thousand on December 31, 2020); and (3) It includes the Provision for unearned Provision for unearned premiums for risks not yet issued (PPNG-RVNE) in the amount of R$167,096 thousand, of which R$147,993 thousand for Insurance and R$19,103 thousand for Life and Pension Plans. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Technical provisions by product |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Insurance – Non-Life, Life and Health Insurance |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Insurance – Pension Plans |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Guarantees for the technical provisions |
(1) Deduction provided for in Article 4 of ANS Normative Resolution No. 392/15; (2) The investment funds “VGBL” and “PGBL” were consolidated in the financial statements; and (3) These guarantor assets may be settled only to cover the liabilities to which they are related. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in deferred acquisition cost (insurance assets) |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in reinsurance assets |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Life – Gross Claims | Non-Life – Gross Claims (1)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Life – Claims Net of Reinsurance Ceded | Non-Life – Claims Net of Reinsurance Ceded (1)
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Life, Life and Pension - Claims Net of Reinsurance Ceded | Non-Life, Life and Pension - Claims Net of Reinsurance Ceded (1)
(1) “Retrocession” R$16,346 thousand,”Reinsurance” R$ 5,965 thousand, “Health” R$3,582,615 thousand, estimate of salvages and redresses in the amount of R$182,205 thousand and incurred but not enough reported (IBNER) claims in the amount of R$(231,240) thousand were not considered in the claims development. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SUPPLEMENTARY PENSION PLANS (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties). Below are the main assumptions used by the independent actuary in the actuarial assessment of our plans: | Bradesco and its subsidiaries, as sponsors of these plans, considering economic and actuarial studies, calculated their actuarial commitments using the real interest rate and acknowledged in their financial statements the obligation due. The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties). Below are the main assumptions used by the independent actuary in the actuarial assessment of our plans:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Considering the above assumptions, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below: | Considering the above assumptions, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below:
(1) In the year ended December 31, 2021, the remeasurement effects recognized in Shareholders' Equity, in Other Comprehensive Income totaled R$(65.671) thousand, R$ 21,593 thousand in 2020, net of tax effects; and (2) Bradesco and its subsidiaries, as sponsors of said plans, considering an economic and actuarial study, calculated their actuarial commitments and recognize in their financial statements the actuarial obligation due.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The net cost/(benefit) of the Pension Plans recognized in the consolidated statement of income includes the following components: | The net cost/(benefit) of the Pension Plans recognized in the consolidated statement of income includes the following components:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maturity profile of the present value of the obligations of the benefit plans defined for the next years: | Maturity profile of the present value of the obligations of the benefit plans defined for the next years:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan’s assets by category is as follows: | The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan’s assets by category is as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (7.38% – 8.65% p.a.) assuming a change in the discount rate and medical inflation by 1 b.p. | Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (7.38% – 8.65% p.a.) assuming a change in the discount rate and medical inflation by 1 b.p.:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
PROVISIONS, CONTINGENTS ASSETS AND LIABILITIES AND LEGAL OBLIGATIONS – TAX AND SOCIAL SECURITY (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Provisions Contingents Assets And Liabilities And Legal Obligations Tax And Social Security | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in other provision |
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OTHER LIABILITIES (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease liabilities | Schedule of Other liabilities
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Lease liabilities |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
SHAREHOLDERS’ EQUITY (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of share capital in number of shares |
The share capital, which is fully subscribed and paid, is divided into registered shares with no par value.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in share capital, in number of shares |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest on shareholders’ equity/dividends were paid or recognized in provisions, as follows: | Interest on shareholders’ equity/dividends were paid or recognized in provisions, as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
TRANSACTIONS WITH RELATED PARTIES (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows: | Related-party transactions (direct and indirect) are disclosed according to IAS 24, the Company has a Transaction Policy with related parties. The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows:
(1) Cidade de Deus Cia. Coml. de Participações, Fundação Bradesco, NCF Participações S.A., BBD Participações S.A. and Nova Cidade de Deus Participações S.A.; (2) Companies listed in Note 26; (3) Members of the Board of Directors and the Board of Executive Officers; and (4) It includes interest on equity and dividends payable. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Short-term benefits for Management | Short-term benefits for Management
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Post-employment benefits | Post-employment benefits
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco: | Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
OFF-BALANCE SHEET COMMITMENTS (Tables) |
12 Months Ended | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||
| Total risk represented by off-balance sheet commitments | The table below summarizes the total risk represented by off-balance sheet commitments: Total risk represented by off-balance sheet commitments
|
| X | ||||||||||
- References No definition available.
|
OTHER INFORMATION (Tables) |
12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Information | ||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares | We present below, the composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares as determined: Composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| Provisional amounts for the assets and liabilities - BAC Florida Bank | We present the amounts for the assets and liabilities acquired on October 30, 2020 base date of the acquisition:
Provisional amounts for the assets and liabilities - BAC Florida Bank
|
|||||||||||||||||||||||||||||||||||||||||||||||||
| The following intangible assets of defined useful life not recognized in BAC Florida Bank’s individual financial statement and goodwill were recognized in the consolidated financial statements | The following intangible assets of defined useful life not recognized in BAC Florida Bank’s individual financial statement and goodwill were recognized in the consolidated financial statements.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Activity No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The name of a subsidiary. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The following table presents the main metrics established by prudential regulation, such as regulatory capital, leverage ratio and liquidity indicators: (Details) - Prudential [Member] - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Common equity | R$ 119,106,689 | R$ 108,982,064 |
| Level I | 130,565,269 | 118,281,835 |
| Reference Equity - RE | 150,236,230 | 135,723,674 |
| Total RWA | R$ 953,325,685 | R$ 858,692,912 |
| Index of Common equity - ICP | 12.50% | 12.70% |
| Level 1 Index | 13.70% | 13.80% |
| Basel Ratio | 15.80% | 15.80% |
| Additional Principal Capital Conservation - ACPConservation | 2.00% | 1.25% |
| Additional Contracyclic Principal Capital - ACPContracyclic | 0.00% | 0.00% |
| Additional Systemic Importance of Principal Capital - Systemic ACPS | 1.00% | 1.00% |
| Total ACP | 3.00% | 2.25% |
| Excess Margin of Principal Capital | 4.99% | 5.94% |
| Total exposure | R$ 1,530,418,615 | R$ 1,436,809,012 |
| AR | 8.50% | 8.20% |
| Total High Quality Liquid Assets (HQLA) | R$ 177,885,181 | R$ 244,827,538 |
| Total net cash outflow | R$ 128,779,954 | R$ 137,247,662 |
| LCR | 138.10% | 178.40% |
| Available stable funding (ASF) | R$ 803,600,023 | R$ 743,148,945 |
| Stable resources required (RSF) | R$ 686,072,267 | R$ 618,540,418 |
| NSFR | 117.10% | 120.10% |
| X | ||||||||||
- Definition Additional Contracyclic Principal Capital - ACPContracyclic. No definition available.
|
| X | ||||||||||
- Definition Additional Principal Capital Conservation - ACPConservation. No definition available.
|
| X | ||||||||||
- Definition Additional Systemic Importance of Principal Capital - Systemic ACPS. No definition available.
|
| X | ||||||||||
- Definition Excess Margin of Principal Capital. No definition available.
|
| X | ||||||||||
- Definition Additional Principal Capital (ACP) as a proportion of RWA - Total ACP. No definition available.
|
| X | ||||||||||
- Definition Calculation basis - Capital Adequacy Ratio - Capital No definition available.
|
| X | ||||||||||
- Definition Calculation basis - Capital Adequacy Ratio - Common Equity tier I No definition available.
|
| X | ||||||||||
- Definition Calculation basis - Capital Adequacy Ratio - Tier I capital No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Leverage Ratio (AR) - AR. No definition available.
|
| X | ||||||||||
- Definition Leverage Ratio (AR) - Total exposure. No definition available.
|
| X | ||||||||||
- Definition Long Term Liquidity Indicator (NSFR) - NSFR. No definition available.
|
| X | ||||||||||
- Definition Available stable funding (ASF). No definition available.
|
| X | ||||||||||
- Definition Stable resources required (RSF). No definition available.
|
| X | ||||||||||
- Definition Regulatory capital as a proportion of RWA - Basel Ratio. No definition available.
|
| X | ||||||||||
- Definition Index of Common equity - ICP No definition available.
|
| X | ||||||||||
- Definition Regulatory capital as a proportion of RWA - Level 1 Index. No definition available.
|
| X | ||||||||||
- Definition Risk-weighted assets (RWA) - amounts - Total RWA No definition available.
|
| X | ||||||||||
- Definition Short Term Liquidity Indicator (LCR) - LCR. No definition available.
|
| X | ||||||||||
- Definition Total High Quality Liquid Assets (HQLA). No definition available.
|
| X | ||||||||||
- Definition Total net cash outflow. No definition available.
|
| X | ||||||||||
- Details
|
The minimum regulatory requirements determined by Central Bank of Brazil are presented below: (Details) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| Central Bank Of Brazila [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Basel ratio | 10.63% |
| Tier I ratio (percent) | 8.63% |
| Common Equity Ratio | 7.13% |
| Description leverage ratio | The minimum requirement was defined by CMN Resolution 4,615, in November, 2017, effective as of January, 2018 |
| Description NSFR | The minimum requirement was defined by CMN Resolution 4,616, in November, 2017, effective as of October, 2018. |
| Central Bank Of Brazila One [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Basel ratio | 11.00% |
| Tier I ratio (percent) | 9.00% |
| Common Equity Ratio | 7.50% |
| Percent of LCR | 100.00% |
| Percentage of NSFR | 100.00% |
| Central Bank Of Brazila Two [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Basel ratio | 11.50% |
| Tier I ratio (percent) | 9.50% |
| Common Equity Ratio | 8.00% |
| Leverage Ratio | 3.00% |
| Percent of LCR | 90.00% |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Definition Counterparty credit risk (CCR). No definition available.
|
| X | ||||||||||
- Definition Credit risk in the strict sense. No definition available.
|
| X | ||||||||||
- Definition Credit Risk - treatment using a standardized approach. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Increase related to the adjustment associated with the variation in the value of derivatives due to the variation in the credit quality of the counterparty (CVA). No definition available.
|
| X | ||||||||||
- Definition Of which: requirement calculated using internal model (RWAMINT) No definition available.
|
| X | ||||||||||
- Definition Of which: requirement calculated using standardized approach (RWAMPAD) No definition available.
|
| X | ||||||||||
- Definition Of which: through standardized approach to counterparty credit risk (SA-CCR). No definition available.
|
| X | ||||||||||
- Definition Of which: using other approaches No definition available.
|
| X | ||||||||||
- Definition Risk Weighted Assets RWA Total No definition available.
|
| X | ||||||||||
- Definition Market Risk No definition available.
|
| X | ||||||||||
- Definition Operational Risk No definition available.
|
| X | ||||||||||
- Definition Securitization exposures - requirement calculated using standardized approach No definition available.
|
| X | ||||||||||
- Definition Unconsolidated fund shares - underlying assets identified. No definition available.
|
| X | ||||||||||
- Definition Unconsolidated fund shares - underlying assets inferred according to fund regulations. No definition available.
|
| X | ||||||||||
- Definition Unconsolidated fund shares - unidentified underlying assets No definition available.
|
| X | ||||||||||
- Definition Values referring to exposures not deducted in the calculation of PR No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
We present below the maximum credit risk exposure of the financial instruments: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Gross Value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Cash and balances with banks (Note 18) | R$ 108,601,632 | R$ 107,602,594 |
| Financial assets at fair value through profit or loss (Note 19) | 336,560,965 | 275,986,689 |
| Financial assets at fair value through other comprehensive income (Note 21) | 193,516,537 | 185,841,975 |
| Loans and advances to banks (Note 22) | 83,426,888 | 191,425,663 |
| Loans and advances to customers (Note 23) | 613,833,607 | 513,216,763 |
| Securities at amortized cost (Note 24) | 184,346,938 | 185,179,363 |
| Other financial assets (Note 29) | 64,411,451 | 52,416,117 |
| Loan Commitments (Note 23 and 40) | 310,337,059 | 255,953,637 |
| Financial guarantees (Note 23 and 40) | 83,467,093 | 80,236,602 |
| Total risk exposure | 1,978,502,170 | 1,847,859,403 |
| Expected credit loss [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Loans and advances to banks (Note 22) | (72) | (932) |
| Loans and advances to customers (Note 23) | (40,800,985) | (39,579,405) |
| Securities at amortized cost (Note 24) | (5,527,663) | (5,555,469) |
| Loan Commitments (Note 23 and 40) | (3,315,190) | (3,859,316) |
| Financial guarantees (Note 23 and 40) | (2,066,167) | (2,318,930) |
| Total risk exposure | R$ (51,710,077) | R$ (51,314,052) |
| X | ||||||||||
- Definition Credit Risk Exposure - Cash and balances with banks No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Financial assets at fair value through other comprehensive income No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Financial assets at fair value through profit or loss No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Financial guarantees No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Loan Commitments No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Loans and advances to banks No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Loans and advances to customers No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Other financial assets No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Securities at amortized cost No definition available.
|
| X | ||||||||||
- Definition Credit Risk Exposure - Total risk exposure No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Concentration of credit risk (Details) |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Largest borrower | 0.70% | 2.10% |
| 10 largest borrowers | 6.00% | 7.50% |
| 20 largest borrowers | 9.20% | 10.90% |
| 50 largest borrowers | 14.00% | 15.70% |
| 100 largest borrowers | 17.80% | 19.20% |
| X | ||||||||||
- Definition Fifty largest borrowers No definition available.
|
| X | ||||||||||
- Definition Hundred largest borrowers No definition available.
|
| X | ||||||||||
- Definition Largest borrower No definition available.
|
| X | ||||||||||
- Definition Ten largest borrowers No definition available.
|
| X | ||||||||||
- Definition Twenty largest borrowers No definition available.
|
The credit-risk concentration analysis presented below is based on the economic activity sector in which the counterparty operates. (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Public sector | R$ 6,274,554 | R$ 11,810,973 |
| Public sector % | 1.00% | 2.30% |
| Oil, derivatives and aggregate activities | R$ 4,419,138 | R$ 10,661,873 |
| Oil, derivatives and aggregate activities % | 0.70% | 2.10% |
| Production and distribution of electricity | R$ 1,306,448 | R$ 1,074,867 |
| Production and distribution of electricity % | 0.20% | 0.20% |
| Other industries | R$ 548,968 | R$ 74,233 |
| [custom:LoansAndAdvancesToCustomersPercentageOtherIndustries-0] | 0.10% | |
| Private sector | R$ 607,559,053 | R$ 501,405,790 |
| Private sector % | 99.00% | 97.70% |
| Companies | R$ 287,216,857 | R$ 244,976,110 |
| Companies % | 46.80% | 47.70% |
| Real estate and construction activities | R$ 23,708,445 | R$ 20,092,249 |
| Real estate and construction activities % | 3.90% | 3.90% |
| Retail | R$ 42,151,968 | R$ 36,498,461 |
| Retail % | 6.90% | 7.10% |
| Services | R$ 49,027,498 | R$ 30,108,475 |
| Services % | 8.00% | 5.90% |
| Transportation and concession | R$ 26,937,082 | R$ 23,662,184 |
| Transportation and concession % | 4.40% | 4.60% |
| Automotive | R$ 12,660,961 | R$ 15,625,309 |
| Automotive % | 2.10% | 3.00% |
| Food products | R$ 17,426,747 | R$ 13,378,255 |
| Food products % | 2.80% | 2.60% |
| [custom:LoansAndAdvancesToCustomersPercentageWholesale1-0] | 1.00% | 2.30% |
| Wholesale | R$ 22,341,759 | R$ 16,479,704 |
| Wholesale % | 3.60% | 3.20% |
| Production and distribution of electricity | R$ 7,555,587 | R$ 6,979,203 |
| Production and distribution of electricity % | 1.20% | 1.40% |
| Siderurgy and metallurgy | R$ 9,398,330 | R$ 10,036,586 |
| Siderurgy and metallurgy % | 1.50% | 2.00% |
| Sugar and alcohol | R$ 7,213,887 | R$ 6,878,558 |
| Sugar and alcohol % | 1.20% | 1.30% |
| Other industries | R$ 68,794,593 | R$ 65,237,126 |
| Other industries % | 11.20% | 12.70% |
| Individuals | R$ 320,342,196 | R$ 256,429,680 |
| Individuals % | 52.20% | 50.00% |
| Total portfolio | R$ 613,833,607 | R$ 513,216,763 |
| Total portfolio % | 100.00% | 100.00% |
| Impairment of loans and advances | R$ (40,800,985) | R$ (39,579,405) |
| Total of net loans and advances to customers | R$ 573,032,622 | R$ 473,637,358 |
| X | ||||||||||
- Definition Impairment of loans and advances No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Automotive No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Companies No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Food products No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Individuals No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Oil, derivatives and aggregate activities No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Other industries No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Automotive No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Companies No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Food products No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Individuals No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Oil, derivatives and aggregate activities % No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Private sector No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Production and distribution of electricity No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Public sector No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Real estate and construction activities No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Retail No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Services No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Siderurgy and metallurgy No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Sugar and alcohol No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Total portfolio % No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Transportation and concession No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Percentage - Wholesale No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Private sector No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Production and distribution of electricity No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Public sector No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Real estate and construction activities No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Retail No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Services No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Siderurgy and metallurgy No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Sugar and alcohol No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Transportation and concession No definition available.
|
| X | ||||||||||
- Definition Loans and advances to customers - Wholesale No definition available.
|
| X | ||||||||||
- Definition Maximum credit risk exposure of the financial instruments - Loans and advances to customers No definition available.
|
| X | ||||||||||
- Definition Private sector - Loans and advances to customers - Other industries No definition available.
|
| X | ||||||||||
- Definition Private sector - Loans and advances to customers - Percentage - Other industries No definition available.
|
| X | ||||||||||
- Definition Private sector - Loans and advances to customers - Percentage - Production and distribution of electricity No definition available.
|
| X | ||||||||||
- Definition Private sector - Loans and advances to customers - Production and distribution of electricity No definition available.
|
| X | ||||||||||
- Definition The amount of loans and advances the entity has made to customers. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
The table below shows the fair value of guarantees of loans and advances to customers. (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Book Value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Companies | R$ 293,491,411 | R$ 256,810,316 |
| Stage 1 | 255,289,107 | 217,561,123 |
| Stage 2 | 14,119,637 | 13,960,366 |
| Stage 3 | 24,082,667 | 25,288,827 |
| Individuals | 320,342,196 | 256,406,447 |
| Stage 1 | 272,635,668 | 195,239,164 |
| Stage 2 | 23,075,748 | 38,023,532 |
| Stage 3 | 24,630,780 | 23,143,751 |
| Total | 613,833,607 | 513,216,763 |
| Fair Value Guarantees [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Companies | 113,682,742 | 89,481,169 |
| Stage 1 | 100,979,275 | 75,882,476 |
| Stage 2 | 5,262,230 | 5,035,349 |
| Stage 3 | 7,441,237 | 8,563,344 |
| Individuals | 201,350,955 | 150,298,522 |
| Stage 1 | 175,139,469 | 126,281,157 |
| Stage 2 | 18,991,289 | 18,408,513 |
| Stage 3 | 7,220,197 | 5,608,852 |
| Total | R$ 315,033,696 | R$ 239,779,691 |
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Companies No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Companies - Stage 1 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Companies - Stage 2 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Companies - Stage 3 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Individuals No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Individuals - Stage 1 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Individuals - Stage 2 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Individuals - Stage 3 No definition available.
|
| X | ||||||||||
- Definition Financial effect of the guarantee on credit and financial lease transactions - Total No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial Exposure – Trading Portfolio (Fair Value) (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Assets [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 38,562,826 | R$ 35,206,778 |
| Assets [Member] | Fixed rates [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 20,275,172 | 20,597,165 |
| Assets [Member] | IGP-M (General Index of market pricing) / IPCA (Consumer price index) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 1,846,722 | 5,151,508 |
| Assets [Member] | Exchange coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 678,168 | 348,315 |
| Assets [Member] | Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 4,391,453 | 485,660 |
| Assets [Member] | Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 759,476 | 801,588 |
| Assets [Member] | Sovereign/Eurobonds and Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 7,510,094 | 7,373,381 |
| Assets [Member] | Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 3,101,740 | 449,161 |
| Liabilities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 32,681,331 | 27,241,795 |
| Liabilities [Member] | Fixed rates [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 20,715,581 | 18,949,022 |
| Liabilities [Member] | IGP-M (General Index of market pricing) / IPCA (Consumer price index) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 2,070,566 | 2,598,754 |
| Liabilities [Member] | Exchange coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 512,390 | 336,868 |
| Liabilities [Member] | Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 4,331,762 | 402,441 |
| Liabilities [Member] | Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 766,892 | 794,455 |
| Liabilities [Member] | Sovereign/Eurobonds and Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 4,163,177 | 3,973,859 |
| Liabilities [Member] | Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 120,963 | R$ 186,396 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Schedule of trading portfolio of tax (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Var Internal Model Trading Portfolio Fixed Rates [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 1,693 | R$ 5,014 |
| IGPM/IPCA [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 2,008 | 3,645 |
| Var Internal Model Trading Portfolio Exchange Coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 21 | 342 |
| Var Internal Model Trading Portfolio Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 951 | 4,704 |
| Var Internal Model Trading Portfolio Sovereigneurobonds And Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 3,049 | 2,422 |
| Var Internal Model Trading Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 450 | 7,477 |
| Var Internal Model Trading Portfolio Others [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 2,828 | 154 |
| Correlation/diversification effect [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | (7,404) | (11,551) |
| VaR at the end of the year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 3,596 | 12,207 |
| Average VaR in the year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 6,903 | 38,522 |
| Var Internal Model Trading Portfolio Minimum Var In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 3,404 | 8,140 |
| Maximum VaR in the year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 14,044 | R$ 104,811 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The capital is calculated by the normal delta VaR model based in Regulatory Portfolio, composed by Trading Portfolio and the Foreign Exchange Exposures and the Commodities Exposure of the Banking Portfolio. (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| VaR [Member] | Interest rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 10,088 | R$ 33,278 |
| VaR [Member] | Exchange rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 27,428 | 27,541 |
| VaR [Member] | Commodity price (Commodities) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 545 | 322 |
| VaR [Member] | Var Internal Model Regulatory Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 888 | 8,639 |
| VaR [Member] | Var Internal Model Regulatory Portfolio Correlation Diversification Effect [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | (8,223) | (25,732) |
| VaR [Member] | Var Internal Model Regulatory Portfolio Var At The End Of The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 30,727 | 44,048 |
| VaR [Member] | Var Internal Model Regulatory Portfolio Average Var In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 42,536 | 117,486 |
| VaR [Member] | Minimum VaR in the year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 16,387 | 25,250 |
| VaR [Member] | Var Internal Model Regulatory Portfolio Maximum Var In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 78,527 | 351,053 |
| Stressed [Member] | Interest rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 17,594 | 43,120 |
| Stressed [Member] | Exchange rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 31,810 | 28,091 |
| Stressed [Member] | Commodity price (Commodities) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 375 | 306 |
| Stressed [Member] | Var Internal Model Regulatory Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 1,465 | 7,942 |
| Stressed [Member] | Var Internal Model Regulatory Portfolio Correlation Diversification Effect [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | (10,557) | (25,564) |
| Stressed [Member] | Var Internal Model Regulatory Portfolio Var At The End Of The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 40,686 | 53,895 |
| Stressed [Member] | Var Internal Model Regulatory Portfolio Average Var In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 78,238 | 117,912 |
| Stressed [Member] | Minimum VaR in the year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 27,433 | 33,414 |
| Stressed [Member] | Var Internal Model Regulatory Portfolio Maximum Var In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 129,975 | R$ 251,088 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The Company also assesses on a daily basis, the possible impacts on positions in stress scenarios for the next 20 business days, with limits established in the governance process. Thus, considering the effect of diversification between the risk factors an (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Stress Analysis Trading Portfolio At The End Of The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 65,677 | R$ 90,071 |
| Stress Analysis Trading Portfolio Average In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 140,512 | 187,519 |
| Stress Analysis Trading Portfolio Minimum In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | 65,677 | 56,369 |
| Stress Analysis Trading Portfolio Maximum In The Year [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Risk Factors | R$ 247,487 | R$ 380,446 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Sensitivity Analysis – Trading Portfolio (Details) - BRL (R$) |
12 Months Ended | 24 Months Ended | |
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2022 |
|
| Scenario 1 [Member] | Interest rate in Reais [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in fixed interest rates and interest rate coupons | Exposure subject to variations in fixed interest rates and interest rate coupons | |
| Risk Factors | R$ (273,000) | R$ (105,000) | |
| Scenario 1 [Member] | Price indexes [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates | |
| Risk Factors | R$ (2,069,000) | R$ (1,788,000) | |
| Scenario 1 [Member] | Sensitivity Analysis Trading Portfolio Exchange Coupon [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in foreign currency coupon rates | Exposure subject to variations in foreign currency coupon rates | |
| Risk Factors | R$ (1,000) | R$ (32,000) | |
| Scenario 1 [Member] | Foreign currency [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations | |
| Risk Factors | R$ (373,000) | R$ (1,597,000) | |
| Scenario 1 [Member] | Sensitivity Analysis Trading Portfolio Equities [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices | |
| Risk Factors | R$ (47,000) | R$ (354,000) | |
| Scenario 1 [Member] | Sensitivity Analysis Trading Portfolio Sovereign Eurobonds And Treasuries [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | Exposure subject to variations in the interest rate of securities traded on the international market | |
| Risk Factors | R$ (363,000) | R$ (167,000) | |
| Scenario 1 [Member] | Sensitivity Analysis Trading Portfolio Others [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions | |
| Risk Factors | R$ (436,000) | ||
| Scenario 1 [Member] | Total excluding correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | (3,562,000) | R$ (4,043,000) | |
| Scenario 1 [Member] | Total including correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | R$ (2,256,000) | (2,647,000) | |
| Scenario 2 [Member] | Interest rate in Reais [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in fixed interest rates and interest rate coupons | ||
| Risk Factors | R$ (72,496,000) | R$ (11,776,000) | |
| Scenario 2 [Member] | Price indexes [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates | |
| Risk Factors | R$ (58,427,000) | R$ (41,702,000) | |
| Scenario 2 [Member] | Sensitivity Analysis Trading Portfolio Exchange Coupon [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in foreign currency coupon rates | Exposure subject to variations in foreign currency coupon rates | |
| Risk Factors | R$ (18,000) | R$ (3,256,000) | |
| Scenario 2 [Member] | Foreign currency [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations | |
| Risk Factors | R$ (9,334,000) | R$ (39,926,000) | |
| Scenario 2 [Member] | Sensitivity Analysis Trading Portfolio Equities [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices | |
| Risk Factors | R$ (1,177,000) | R$ (8,856,000) | |
| Scenario 2 [Member] | Sensitivity Analysis Trading Portfolio Sovereign Eurobonds And Treasuries [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | Exposure subject to variations in the interest rate of securities traded on the international market | |
| Risk Factors | R$ (3,114,000) | R$ (11,955,000) | |
| Scenario 2 [Member] | Sensitivity Analysis Trading Portfolio Others [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions | |
| Risk Factors | R$ (2,387,000) | R$ (41,000) | |
| Scenario 2 [Member] | Total excluding correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | (146,955,000) | (117,512,000) | |
| Scenario 2 [Member] | Total including correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | R$ (96,633,000) | (73,605,000) | |
| Scenario 3 [Member] | Interest rate in Reais [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in fixed interest rates and interest rate coupons | ||
| Risk Factors | R$ (137,888,000) | R$ (23,317,000) | |
| Scenario 3 [Member] | Price indexes [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates | |
| Risk Factors | R$ (115,254,000) | R$ (84,093,000) | |
| Scenario 3 [Member] | Sensitivity Analysis Trading Portfolio Exchange Coupon [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | R$ (36,000) | R$ (6,485,000) | |
| Scenario 3 [Member] | Foreign currency [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations | |
| Risk Factors | R$ (18,668,000) | R$ (79,852,000) | |
| Scenario 3 [Member] | Sensitivity Analysis Trading Portfolio Equities [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices | |
| Risk Factors | R$ (2,355,000) | R$ (17,712,000) | |
| Scenario 3 [Member] | Sensitivity Analysis Trading Portfolio Sovereign Eurobonds And Treasuries [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | Exposure subject to variations in the interest rate of securities traded on the international market | |
| Risk Factors | R$ (6,295,000) | R$ (23,430,000) | |
| Scenario 3 [Member] | Sensitivity Analysis Trading Portfolio Others [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions | |
| Risk Factors | R$ (4,765,000) | R$ (82,000) | |
| Scenario 3 [Member] | Total excluding correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | (285,262,000) | (234,971,000) | |
| Scenario 3 [Member] | Total including correlation of risk factors [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Risk Factors | R$ (185,755,000) | R$ (147,689,000) | |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The description of exposures to risks arising from financial instruments. [Refer: Financial instruments, class [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Sensitivity Analysis – Trading and Banking Portfolios (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Interest Rate In Reais [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (24,247) | R$ (12,180) |
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Price Indices [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (26,327) | R$ (27,143) |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Exchange Coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (1,488) | (2,277) |
| Definition | Exposure subject to variations in foreign currency coupon rates | |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (5,539) | R$ (2,202) |
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (21,015) | R$ (43,353) |
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Sovereign Eurobonds And Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (1,933) | R$ (1,339) |
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | Exposure subject to variations in the interest rate of securities traded on the international market |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Others [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (439) | R$ (30) |
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total Without Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (80,988) | R$ (88,524) |
| Trading Banking Portfolios Scenario 1 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total With Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | (52,715) | (73,350) |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Interest Rate In Reais [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (6,101,562) | R$ (1,553,493) |
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Price Indices [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (3,142,601) | R$ (2,227,123) |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Exchange Coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | (70,758) | (71,852) |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (138,469) | R$ (65,746) |
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (525,366) | R$ (1,083,824) |
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Sovereign Eurobonds And Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (71,314) | R$ (14,019) |
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | Exposure subject to variations in the interest rate of securities traded on the international market |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Others [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (2,809) | R$ (748) |
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total Without Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (10,052,879) | R$ (5,016,805) |
| Trading Banking Portfolios Scenario 2 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total With Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | (8,534,510) | (4,168,903) |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Interest Rate In Reais [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (11,639,974) | R$ (2,974,461) |
| Definition | Exposure subject to variations in price index coupon rates | Exposure subject to variations in price index coupon rates |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Price Indices [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (5,586,279) | R$ (4,031,341) |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Exchange Coupon [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | (138,972) | (141,860) |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (276,938) | R$ (131,493) |
| Definition | Exposure subject to exchange rate variations | Exposure subject to exchange rate variations |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Equities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (1,050,731) | R$ (2,167,648) |
| Definition | Exposure subject to variation in stock prices | Exposure subject to variation in stock prices |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Sovereign Eurobonds And Treasuries [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (140,945) | R$ (27,608) |
| Definition | Exposure subject to variations in the interest rate of securities traded on the international market | |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Others [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (5,610) | R$ (1,496) |
| Definition | Exposure not classified in other definitions | Exposure not classified in other definitions |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total Without Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (18,839,449) | R$ (9,475,907) |
| Trading Banking Portfolios Scenario 3 [Member] | Sensitivity Analysis Trading And Banking Portfolio Total With Correlation [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Value at risk | R$ (15,949,247) | R$ (7,883,903) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The description of exposures to risks arising from financial instruments. [Refer: Financial instruments, class [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The measure of a potential loss exposure as a result of future market movements, based on a specified confidence interval and measurement horizon. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below presents the cash flows payable for non-derivative financial liabilities, covering the remaining contractual period to maturity as from the date of the consolidated statement of financial position. The values disclosed in this table repres (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | R$ 266,503,096 | R$ 315,320,660 |
| Deposits from customers | 625,042,668 | 557,746,628 |
| Securities issued | 189,015,450 | 134,009,560 |
| Subordinated debt | 82,258,917 | 46,899,137 |
| Other financial liabilities | 86,407,304 | 75,528,047 |
| Total liabilities | 1,249,227,435 | 1,129,504,032 |
| Not later than one month [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | 195,675,189 | 261,441,379 |
| Deposits from customers | 231,168,636 | 193,450,578 |
| Securities issued | 3,185,171 | 739,423 |
| Subordinated debt | 239,672 | 2,535 |
| Other financial liabilities | 56,641,586 | 49,615,853 |
| Total liabilities | 486,910,254 | 505,249,768 |
| Later than one month and not later than three months [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | 15,370,250 | 13,437,266 |
| Deposits from customers | 25,943,198 | 22,163,986 |
| Securities issued | 28,204,279 | 17,449,438 |
| Subordinated debt | 6,319,036 | 5,971 |
| Other financial liabilities | 6,698,846 | 5,797,460 |
| Total liabilities | 82,535,609 | 58,854,121 |
| Later than three months and not later than one year [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | 22,995,404 | 16,745,882 |
| Deposits from customers | 87,127,710 | 85,235,469 |
| Securities issued | 31,941,782 | 47,790,440 |
| Subordinated debt | 6,184,963 | 68,945 |
| Other financial liabilities | 17,372,820 | 9,883,756 |
| Total liabilities | 165,622,679 | 159,724,492 |
| Later than one year and not later than five years [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | 22,756,624 | 8,378,815 |
| Deposits from customers | 280,433,318 | 256,887,231 |
| Securities issued | 117,632,325 | 66,068,592 |
| Subordinated debt | 30,514,482 | 33,230,835 |
| Other financial liabilities | 5,525,234 | 7,970,731 |
| Total liabilities | 456,861,983 | 372,536,204 |
| Later than five years [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Deposits from banks | 9,705,629 | 15,317,318 |
| Deposits from customers | 369,806 | 9,364 |
| Securities issued | 8,051,893 | 1,961,667 |
| Subordinated debt | 39,000,764 | 13,590,851 |
| Other financial liabilities | 168,818 | 2,260,247 |
| Total liabilities | R$ 57,296,910 | R$ 33,139,447 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Deposits from banks No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Deposits from customers No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Funds from securities issued No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Other financial liabilities No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Subordinated debt No definition available.
|
| X | ||||||||||
- Definition Undiscounted cash flows of financial liabilities - Total liabilities No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below analyzes the derivative financial liabilities that will be settled at net value, grouped based on the period remaining from the reporting date to the respective maturity date. The values disclosed in the table are undiscounted cash flows. (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | R$ 9,630,031 | R$ 10,863,822 |
| Non-deliverable forwards | 1,248,172 | 1,933,323 |
| Purchased | 902,356 | 976,377 |
| Sold | 345,816 | 956,946 |
| Premiums of options | 1,092,043 | 3,110,104 |
| Other | 765,400 | 1,262,468 |
| Total of derivative liabilities | 12,735,646 | 17,189,083 |
| Adjustment payables - future | 19,366 | |
| Not later than one month [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | 3,058,529 | 205,379 |
| Non-deliverable forwards | 879,357 | 1,020,584 |
| Purchased | 753,140 | 477,415 |
| Sold | 126,217 | 543,169 |
| Premiums of options | 176,962 | 1,143,498 |
| Other | 382,810 | 362,780 |
| Total of derivative liabilities | 4,497,658 | 2,751,607 |
| Adjustment payables - future | 19,366 | |
| Later than one month and not later than three months [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | 41,724 | 185,993 |
| Non-deliverable forwards | 97,474 | 252,454 |
| Purchased | 50,223 | 140,329 |
| Sold | 47,251 | 112,125 |
| Premiums of options | 9,072 | 80,198 |
| Other | 96,135 | 251,689 |
| Total of derivative liabilities | 244,405 | 770,334 |
| Later than three months and not later than one year [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | 835,365 | 4,125,850 |
| Non-deliverable forwards | 199,784 | 571,226 |
| Purchased | 80,602 | 274,623 |
| Sold | 119,182 | 296,603 |
| Premiums of options | 64,188 | 250,664 |
| Other | 223,980 | 564,300 |
| Total of derivative liabilities | 1,323,317 | 5,512,040 |
| Later than one year and not later than five years [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | 4,266,515 | 6,097,591 |
| Non-deliverable forwards | 71,557 | 89,059 |
| Purchased | 18,391 | 84,010 |
| Sold | 53,166 | 5,049 |
| Premiums of options | 440,775 | 1,043,564 |
| Other | 62,475 | 81,637 |
| Total of derivative liabilities | 4,841,322 | 7,311,851 |
| Later than five years [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Differential of swaps payable | 1,427,898 | 249,009 |
| Premiums of options | 401,046 | 592,180 |
| Other | 2,062 | |
| Total of derivative liabilities | R$ 1,828,944 | R$ 843,251 |
| X | ||||||||||
- Definition Adjustment payables - future No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Non-deliverable forwards No definition available.
|
| X | ||||||||||
- Definition Non-deliverable forwards - Purchased No definition available.
|
| X | ||||||||||
- Definition Non-deliverable forwards - Sold No definition available.
|
| X | ||||||||||
- Definition Premiums of options No definition available.
|
| X | ||||||||||
- Definition Total of derivative liabilities No definition available.
|
| X | ||||||||||
- Definition Total of derivative liabilities - Other No definition available.
|
| X | ||||||||||
- Definition The amount of contractual undiscounted cash flows in relation to net amounts for pay-floating (receive-fixed) interest rate swaps for which net cash flows are exchanged. [Refer: Swap contract [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The tables below show the financial assets and liabilities of the Company segregated by maturities used for the management of liquidity risks, in accordance with the remaining contractual maturities on the reporting date: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| IfrsStatementLineItems [Line Items] | |||
| Cash and balances with banks | R$ 108,601,632 | R$ 107,602,594 | |
| Financial assets at fair value through profit or loss | 336,560,965 | 275,986,689 | |
| Financial assets at fair value through other comprehensive income | 193,516,537 | 185,841,975 | |
| Loans and advances to customers, net of impairment | 573,032,622 | 473,637,358 | |
| Loans and advances to banks, net of impairment | 83,426,816 | 191,424,731 | |
| Securities, net of provision for losses | 178,819,275 | 179,623,894 | |
| Other financial assets | 64,411,451 | 52,416,117 | |
| Total financial assets | 1,538,369,298 | 1,466,533,358 | |
| Deposits from banks | 279,009,280 | 267,280,167 | |
| Deposits from customers | 569,726,250 | 545,292,743 | |
| Debt instruments issued | 166,228,542 | 144,903,825 | R$ 170,727,564 |
| Subordinated debt | 54,451,077 | 53,246,232 | R$ 49,313,508 |
| Other financial liabilities | 86,407,304 | 75,528,047 | |
| Financial liabilities at fair value through profit or loss | 14,265,283 | 18,697,682 | |
| Loan Commitments | 3,315,190 | 3,859,316 | |
| Financial guarantees | 2,066,167 | 2,318,930 | |
| Insurance technical provisions and pension plans | 286,386,634 | 279,465,384 | |
| Total financial liabilities | 1,461,855,727 | 1,390,592,326 | |
| Current [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Total financial assets | 688,014,967 | 717,610,173 | |
| Total financial liabilities | 996,866,963 | 944,132,182 | |
| Current [member] | Not later than one month [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Cash and balances with banks | 108,601,632 | 107,602,594 | |
| Financial assets at fair value through profit or loss | 10,941,745 | 16,514,868 | |
| Financial assets at fair value through other comprehensive income | 33,530,172 | 17,130,008 | |
| Loans and advances to customers, net of impairment | 75,618,972 | 48,686,483 | |
| Loans and advances to banks, net of impairment | 61,843,254 | 168,750,356 | |
| Securities, net of provision for losses | 17,142,223 | 126,822 | |
| Other financial assets | 52,932,271 | 36,952,129 | |
| Total financial assets | 360,610,269 | 395,763,260 | |
| Deposits from banks | 222,594,841 | 221,467,747 | |
| Deposits from customers | 222,968,555 | 202,956,338 | |
| Debt instruments issued | 3,403,249 | 2,461,435 | |
| Subordinated debt | 3,877 | 8,307,884 | |
| Other financial liabilities | 56,641,586 | 49,615,853 | |
| Financial liabilities at fair value through profit or loss | 8,201,701 | 5,462,495 | |
| Insurance technical provisions and pension plans | 238,209,989 | 234,914,602 | |
| Total financial liabilities | 752,023,798 | 725,186,354 | |
| Current [member] | Later than one month and not later than three months [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through profit or loss | 17,112,340 | 23,110,617 | |
| Financial assets at fair value through other comprehensive income | 5,102,756 | 26,482,001 | |
| Loans and advances to customers, net of impairment | 135,854,014 | 114,058,384 | |
| Loans and advances to banks, net of impairment | 11,936,241 | 14,027,853 | |
| Securities, net of provision for losses | 10,882,135 | 20,225,202 | |
| Other financial assets | 731,740 | 733,796 | |
| Total financial assets | 181,619,226 | 198,637,853 | |
| Deposits from banks | 26,499,773 | 18,319,819 | |
| Deposits from customers | 47,974,278 | 50,518,912 | |
| Debt instruments issued | 41,954,379 | 33,338,441 | |
| Subordinated debt | 6,316,553 | 22,838 | |
| Other financial liabilities | 18,771,722 | 14,456,376 | |
| Financial liabilities at fair value through profit or loss | 486,331 | 1,063,954 | |
| Total financial liabilities | 142,003,036 | 117,720,340 | |
| Current [member] | Later than three months and not later than one year [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through profit or loss | 40,828,824 | 21,495,431 | |
| Financial assets at fair value through other comprehensive income | 5,530,078 | 16,341,164 | |
| Loans and advances to customers, net of impairment | 81,035,366 | 65,199,454 | |
| Loans and advances to banks, net of impairment | 6,812,695 | 2,915,463 | |
| Securities, net of provision for losses | 11,025,706 | 16,938,842 | |
| Other financial assets | 552,803 | 318,706 | |
| Total financial assets | 145,785,472 | 123,209,060 | |
| Deposits from banks | 11,878,705 | 9,944,641 | |
| Deposits from customers | 61,694,101 | 54,368,623 | |
| Debt instruments issued | 17,751,396 | 34,365,862 | |
| Subordinated debt | 5,487,408 | 383,673 | |
| Other financial liabilities | 5,299,944 | 1,224,840 | |
| Financial liabilities at fair value through profit or loss | 728,575 | 937,849 | |
| Total financial liabilities | 102,840,129 | 101,225,488 | |
| Current [member] | Later than one year and not later than five years [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Debt instruments issued | 74,738,087 | ||
| Non Current [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Total financial assets | 850,354,331 | 748,923,185 | |
| Total financial liabilities | 464,988,764 | 446,460,144 | |
| Non Current [Member] | Later than one year and not later than five years [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through profit or loss | 202,449,463 | 165,166,660 | |
| Financial assets at fair value through other comprehensive income | 49,467,861 | 67,419,613 | |
| Loans and advances to customers, net of impairment | 206,697,247 | 245,684,709 | |
| Loans and advances to banks, net of impairment | 2,834,626 | 5,731,059 | |
| Securities, net of provision for losses | 87,143,802 | 79,727,828 | |
| Other financial assets | 6,935,932 | 11,575,832 | |
| Total financial assets | 555,528,931 | 575,305,701 | |
| Deposits from banks | 13,943,009 | 17,547,960 | |
| Deposits from customers | 236,870,166 | 237,448,870 | |
| Debt instruments issued | 96,978,356 | ||
| Subordinated debt | 22,014,994 | 34,971,870 | |
| Other financial liabilities | 5,525,234 | 7,970,731 | |
| Financial liabilities at fair value through profit or loss | 3,810,148 | 11,233,384 | |
| Loan Commitments | 3,315,190 | 3,859,316 | |
| Financial guarantees | 2,066,167 | 2,318,930 | |
| Insurance technical provisions and pension plans | 48,176,645 | 44,550,782 | |
| Total financial liabilities | 432,699,909 | 434,639,930 | |
| Non Current [Member] | Later than five years [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through profit or loss | 47,867,368 | 36,104,212 | |
| Financial assets at fair value through other comprehensive income | 90,062,510 | 43,319,150 | |
| Loans and advances to customers, net of impairment | 73,827,023 | 8,328 | |
| Securities, net of provision for losses | 52,625,409 | 62,605,200 | |
| Other financial assets | 3,258,705 | 2,835,654 | |
| Total financial assets | 267,641,015 | 144,872,544 | |
| Deposits from banks | 4,092,952 | ||
| Deposits from customers | 219,150 | ||
| Debt instruments issued | 6,141,162 | ||
| Subordinated debt | 9,169,665 | ||
| Other financial liabilities | 168,818 | 2,260,247 | |
| Financial liabilities at fair value through profit or loss | 1,038,528 | ||
| Total financial liabilities | 20,830,275 | 2,260,247 | |
| Non Current [Member] | No Stated Maturity [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through profit or loss | 17,361,225 | 13,594,901 | |
| Financial assets at fair value through other comprehensive income | 9,823,160 | 15,150,039 | |
| Total financial assets | 27,184,385 | 28,744,940 | |
| Subordinated debt | 11,458,580 | 9,559,967 | |
| Total financial liabilities | R$ 11,458,580 | R$ 9,559,967 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of cash and bank balances held at central banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of instruments issued by the entity that represent indebtedness. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from banks held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from customers held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial assets at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity’s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as ‘an accounting mismatch’) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity’s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of contractual undiscounted cash flows for gross commitments to receive a loan. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of loans and advances the entity has made to banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of loans and advances the entity has made to customers. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of current financial assets that the entity does not separately disclose in the same statement or note. [Refer: Other financial assets; Current financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of current financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities; Current financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities that are subordinate to other liabilities with respect to claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The tables below show the assets and liabilities of the Company segregated by current and non-current, in accordance with the remaining contractual maturities on the reporting date (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| IfrsStatementLineItems [Line Items] | ||||||||||
| Total financial assets | R$ 1,538,369,298 | R$ 1,466,533,358 | ||||||||
| Non-current assets held for sale | 1,196,272 | 1,202,488 | ||||||||
| Investments in associated companies | 7,557,566 | 7,386,840 | ||||||||
| Premises and equipment, net | 13,513,105 | [1] | 14,071,129 | [1],[2] | R$ 14,071,129 | R$ 14,659,222 | ||||
| Intangible assets and goodwill, net | 14,911,007 | 14,669,464 | ||||||||
| Taxes to be offset | 13,286,829 | 15,330,420 | ||||||||
| Deferred income tax assets | 78,743,461 | 76,984,262 | ||||||||
| Other assets | 7,994,655 | 8,475,829 | ||||||||
| Total non-financial assets | 137,202,895 | 138,120,432 | ||||||||
| Total assets | 1,675,572,193 | 1,604,653,790 | ||||||||
| Total financial liabilities | 1,461,855,727 | 1,390,592,326 | ||||||||
| Other reserves | 25,536,619 | 25,582,923 | ||||||||
| Current income tax liabilities | 2,059,223 | 1,596,284 | ||||||||
| Deferred income tax assets | 208,035 | 1,249,650 | ||||||||
| Other liabilities | 35,683,882 | 39,515,233 | ||||||||
| Total non-financial liabilities | 63,487,759 | 67,944,090 | ||||||||
| Total equity | 150,228,707 | 146,117,374 | R$ 135,543,574 | R$ 124,676,120 | ||||||
| Total equity and liabilities | 1,675,572,193 | 1,604,653,790 | ||||||||
| Current [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Total financial assets | 688,014,967 | 717,610,173 | ||||||||
| Non-current assets held for sale | 1,196,272 | 1,202,488 | ||||||||
| Taxes to be offset | 4,835,233 | 6,586,660 | ||||||||
| Other assets | 7,020,765 | 7,352,617 | ||||||||
| Total non-financial assets | 13,052,270 | 15,141,765 | ||||||||
| Total assets | 701,067,237 | 732,751,938 | ||||||||
| Total financial liabilities | 996,866,963 | 944,132,182 | ||||||||
| Other reserves | 5,385,872 | 5,361,434 | ||||||||
| Current income tax liabilities | 2,059,223 | 1,596,284 | ||||||||
| Other liabilities | 33,160,633 | 39,323,338 | ||||||||
| Total non-financial liabilities | 40,605,728 | 46,281,056 | ||||||||
| Total equity and liabilities | 1,037,472,691 | 990,413,238 | ||||||||
| Non Current [Member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Total financial assets | 850,354,331 | 748,923,185 | ||||||||
| Investments in associated companies | 7,557,566 | 7,386,840 | ||||||||
| Premises and equipment, net | 13,513,105 | 14,071,129 | ||||||||
| Intangible assets and goodwill, net | 14,911,007 | 14,669,464 | ||||||||
| Taxes to be offset | 8,451,596 | 8,743,760 | ||||||||
| Deferred income tax assets | 78,743,461 | 76,984,262 | ||||||||
| Other assets | 973,890 | 1,123,212 | ||||||||
| Total non-financial assets | 124,150,625 | 122,978,667 | ||||||||
| Total assets | 974,504,956 | 871,901,852 | ||||||||
| Total financial liabilities | 464,988,764 | 446,460,144 | ||||||||
| Other reserves | 20,150,747 | 20,221,489 | ||||||||
| Deferred income tax assets | 208,035 | 1,249,650 | ||||||||
| Other liabilities | 2,523,249 | 191,895 | ||||||||
| Total non-financial liabilities | 22,882,031 | 21,663,034 | ||||||||
| Total equity | 150,228,707 | 146,117,374 | ||||||||
| Total equity and liabilities | R$ 638,099,502 | R$ 614,240,552 | ||||||||
| ||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Investments in associated companies No definition available.
|
| X | ||||||||||
- Definition The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The non-current amount of current tax assets. [Refer: Current tax assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The current amount of current tax liabilities. [Refer: Current tax liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of residual interest in the assets of the entity after deducting all its liabilities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose the entity’s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity’s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity’s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity’s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity’s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity’s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity’s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of identifiable non-monetary assets without physical substance. This amount does not include goodwill. [Refer: Goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of non-current assets or disposal groups classified as held for sale. [Refer: Disposal groups classified as held for sale [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of current non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of current non-financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of non-financial liabilities that the entity does not separately disclose in the same statement or note. [Refer: Other financial liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of provisions other than provisions for employee benefits. [Refer: Provisions] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The tables below present the composition of the financial assets and liabilities measured at fair value, classified using the hierarchical levels: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | R$ 259,024,432 | R$ 215,945,004 |
| Corporate debt and marketable equity securities | 23,766,666 | 16,689,704 |
| Bank debt securities | 20,621,803 | 10,668,517 |
| Mutual funds | 9,966,594 | 6,516,477 |
| Foreign governments securities | 689,293 | 626,079 |
| Brazilian sovereign bonds | 307,452 | 725,515 |
| Financial assets at fair value through profit or loss | 314,376,240 | 251,171,296 |
| Derivative financial instruments (assets) | 22,184,725 | 24,815,393 |
| Derivative financial instruments (liabilities) | (14,265,283) | (18,697,682) |
| Derivatives | 7,919,442 | 6,117,711 |
| Brazilian government securities | 155,874,887 | 143,498,442 |
| Corporate debt securities | 6,135,351 | 4,894,033 |
| Bank debt securities | 6,137,649 | 6,127,305 |
| Brazilian sovereign bonds | 8,885,505 | 9,572,373 |
| Foreign governments securities | 6,659,985 | 6,508,218 |
| Mutual funds | 2,127,954 | 2,950,583 |
| Marketable equity securities and other stocks | 7,695,206 | 12,291,021 |
| Financial assets at fair value through other comprehensive income | 193,516,537 | 185,841,975 |
| Total | 515,812,219 | 443,130,982 |
| Level 1 of fair value hierarchy [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 252,536,563 | 209,599,900 |
| Corporate debt and marketable equity securities | 17,359,614 | 12,413,353 |
| Bank debt securities | 1,411,890 | 1,717,037 |
| Mutual funds | 9,965,220 | 6,516,477 |
| Foreign governments securities | 689,293 | 626,079 |
| Brazilian sovereign bonds | 307,452 | 725,515 |
| Financial assets at fair value through profit or loss | 282,270,032 | 231,598,361 |
| Derivative financial instruments (assets) | 3,982,364 | 138,708 |
| Derivative financial instruments (liabilities) | (4,203,232) | (67,427) |
| Derivatives | (220,868) | 71,281 |
| Brazilian government securities | 155,835,878 | 143,467,979 |
| Corporate debt securities | 1,523,253 | 1,128,700 |
| Bank debt securities | 5,603,539 | 5,576,877 |
| Brazilian sovereign bonds | 8,885,505 | 9,572,373 |
| Foreign governments securities | 6,659,985 | 6,508,218 |
| Mutual funds | 2,126,928 | 2,950,583 |
| Marketable equity securities and other stocks | 5,345,695 | 11,153,243 |
| Financial assets at fair value through other comprehensive income | 185,980,783 | 180,357,973 |
| Total | 468,029,947 | 412,027,615 |
| Level 2 of fair value hierarchy [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 6,487,867 | 6,345,101 |
| Corporate debt and marketable equity securities | 5,930,123 | 3,956,920 |
| Bank debt securities | 19,209,913 | 8,951,480 |
| Financial assets at fair value through profit or loss | 31,627,903 | 19,253,501 |
| Derivative financial instruments (assets) | 18,022,857 | 24,657,390 |
| Derivative financial instruments (liabilities) | (9,531,100) | (18,383,783) |
| Derivatives | 8,491,757 | 6,273,607 |
| Brazilian government securities | 13,225 | |
| Corporate debt securities | 4,069,087 | 3,627,146 |
| Bank debt securities | 534,110 | 496,598 |
| Marketable equity securities and other stocks | 1,503,503 | 1,104,155 |
| Financial assets at fair value through other comprehensive income | 6,119,925 | 5,227,899 |
| Total | 46,239,585 | 30,755,007 |
| Level 3 of fair value hierarchy [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 2 | 3 |
| Corporate debt and marketable equity securities | 476,929 | 319,431 |
| Mutual funds | 1,374 | |
| Financial assets at fair value through profit or loss | 478,305 | 319,434 |
| Derivative financial instruments (assets) | 179,504 | 19,295 |
| Derivative financial instruments (liabilities) | (530,951) | (246,472) |
| Derivatives | (351,447) | (227,177) |
| Brazilian government securities | 25,784 | 30,463 |
| Corporate debt securities | 543,011 | 138,187 |
| Bank debt securities | 53,830 | |
| Mutual funds | 1,026 | |
| Marketable equity securities and other stocks | 846,008 | 33,623 |
| Financial assets at fair value through other comprehensive income | 1,415,829 | 256,103 |
| Total | R$ 1,542,687 | R$ 348,360 |
| X | ||||||||||
- Definition Derivative financial instruments (liabilities) No definition available.
|
| X | ||||||||||
- Definition Derivatives - Fair Value No definition available.
|
| X | ||||||||||
- Definition Fair value of financial assets and liabilities - Total No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Bank debt securities No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Brazilian government securities No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Brazilian sovereign bonds No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Corporate debt securities No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Foreign governments securities No definition available.
|
| X | ||||||||||
- Definition Financial assets available for sale - Fair Value - Marketable equity securities and other stocks No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Bank debt securities No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Brazilian government securities No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Brazilian sovereign bonds No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Corporate debt and marketable equity securities No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Financial assets at fair value through profit or loss No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Foreign governments securities No definition available.
|
| X | ||||||||||
- Definition Financial assets held for trading - Fair Value - Mutual funds No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of financial assets classified as derivative instruments. [Refer: Financial assets; Derivatives [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of financial assets at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below presents a reconciliation of securities and derivative financial instruments measured at fair value on a recurring basis using significant unobservable inputs (Level 3): (Details) - Level 3 of fair value hierarchy [member] - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Jan. 01, 2019 |
|---|---|---|---|---|
| IfrsStatementLineItems [Line Items] | ||||
| Balance on | R$ 1,542,687 | R$ 348,360 | R$ 1,435,708 | |
| Included in profit or loss | 190,336 | (312,420) | ||
| Included in other comprehensive income | 150,757 | 47,606 | ||
| Acquisitions | 798,130 | (55,515) | ||
| Write-offs | (160,765) | (278,778) | ||
| Maturities | (10,404) | |||
| Transfer levels | 215,869 | (477,837) | ||
| Financial assets at fair value through profit or loss, category [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Balance on | 478,305 | 319,434 | R$ 707,395 | |
| Included in profit or loss | 99,731 | 10,571 | ||
| Acquisitions | 112,385 | 54,015 | ||
| Write-offs | (69,012) | (106,643) | ||
| Maturities | (8,902) | |||
| Transfer with categories | 15,767 | (27,152) | ||
| Transfer levels | (309,850) | |||
| Financial assets at fair value through other comprehensive income, category [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Balance on | 1,415,829 | 256,103 | 755,960 | |
| Included in profit or loss | 90,605 | (322,991) | ||
| Included in other comprehensive income | 150,757 | 47,606 | ||
| Acquisitions | 810,015 | 90,000 | ||
| Write-offs | (91,753) | (172,135) | ||
| Maturities | (1,502) | |||
| Transfer with categories | 27,152 | |||
| Transfer levels | 200,102 | (167,987) | ||
| Assets Derivatives [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Balance on | 179,504 | 19,295 | 11,479 | |
| Acquisitions | 160,209 | 7,816 | ||
| Liabilities Derivatives [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Balance on | (530,951) | (246,472) | R$ (39,126) | |
| Acquisitions | R$ (284,479) | R$ (207,346) |
| X | ||||||||||
- Definition Fair value of financial assets and liabilities - Acquisitions No definition available.
|
| X | ||||||||||
- Definition Included in other comprehensive income. No definition available.
|
| X | ||||||||||
- Definition Included in profit or loss. No definition available.
|
| X | ||||||||||
- Definition Reconciliation of all assets and liabilities measured at fair value - Maturities No definition available.
|
| X | ||||||||||
- Definition Fair value of financial assets and liabilities - Transfer levels No definition available.
|
| X | ||||||||||
- Definition Fair value of financial assets and liabilities - Transfer with categories No definition available.
|
| X | ||||||||||
- Definition Fair value of financial assets and liabilities - Write-offs No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs - Balance on No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Sensitivity analysis for financial assets classified as Level 3 (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Impact on income [Member] | Sensitivity Analysis Scenario 2 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | R$ (31) | R$ (3,672) |
| Price indexes | (2,015) | (83) |
| Equities | (41,311) | (14,548) |
| Impact on income [Member] | Sensitivity Analysis Scenario 3 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | (60) | (6,971) |
| Price indexes | (3,898) | (165) |
| Equities | (82,622) | (29,097) |
| Impact on income [Member] | Sensitivity Analysis Scenario 1 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | (25) | |
| Price indexes | (16) | (4) |
| Equities | (1,652) | (582) |
| Impact on shareholders' equity [Member] | Sensitivity Analysis Scenario 2 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | (1,397) | (504) |
| Equities | (116,323) | (4,623) |
| Impact on shareholders' equity [Member] | Sensitivity Analysis Scenario 3 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | (2,503) | (992) |
| Equities | (232,647) | (9,246) |
| Impact on shareholders' equity [Member] | Sensitivity Analysis Scenario 1 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Interest rate in Reais | (6) | (4) |
| Equities | R$ (4,653) | R$ (185) |
| X | ||||||||||
- Definition Equities No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Interest rate in BRL No definition available.
|
| X | ||||||||||
- Definition Price indices No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below summarizes the carrying amounts and the fair values of the financial assets and liabilities that were not presented in the consolidated statements of financial position at their fair value, classified using the hierarchical levels: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| IfrsStatementLineItems [Line Items] | |||
| Banks | R$ 83,426,816 | R$ 191,424,731 | |
| Customers | 613,833,607 | 473,637,358 | |
| Securities at amortized cost | 184,346,938 | 179,623,894 | |
| Deposits from banks | 279,009,280 | 267,280,167 | |
| Deposits from customers | 569,726,250 | 545,292,743 | |
| Subordinated debt | 166,228,542 | 144,903,825 | R$ 170,727,564 |
| Subordinated debt | 54,451,077 | 53,246,232 | R$ 49,313,508 |
| Fair Value [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Banks | 191,473,570 | ||
| Customers | 607,725,289 | 478,250,100 | |
| Securities at amortized cost | 180,076,262 | 184,006,885 | |
| Deposits from banks | 279,299,225 | 267,240,795 | |
| Deposits from customers | 570,368,593 | 545,341,621 | |
| Subordinated debt | 155,235,456 | 143,988,723 | |
| Subordinated debt | 55,756,684 | 54,192,090 | |
| Fair Value [Member] | Level 2 of fair value hierarchy [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Banks | 83,440,721 | 191,473,570 | |
| Securities at amortized cost | 80,968,974 | 69,644,416 | |
| Fair Value [Member] | Level 3 of fair value hierarchy [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Customers | 607,725,289 | 478,250,100 | |
| Securities at amortized cost | 10,450,308 | 9,138,672 | |
| Deposits from banks | 279,299,225 | 267,240,795 | |
| Deposits from customers | 570,368,593 | 545,341,621 | |
| Subordinated debt | 155,235,456 | 143,988,723 | |
| Subordinated debt | 55,756,684 | 54,192,090 | |
| Fair Value [Member] | Level 1 of fair value hierarchy [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Securities at amortized cost | R$ 88,656,980 | R$ 105,223,797 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Loans and receivables - Loans and advances to customers, net of impairment No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of instruments issued by the entity that represent indebtedness. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from banks held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from customers held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of loans and advances the entity has made to banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of liabilities that are subordinate to other liabilities with respect to claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below shows the concentration of risks, based on the amounts of premiums written net of reinsurance, cancellations and social security contributions: (Details) - Gross amount arising from insurance contracts [member] - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Non-life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Reinsurance | R$ 6,222,866 | R$ 5,421,704 |
| Insurance Pension Plans [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Reinsurance | 29,157,808 | 26,118,492 |
| Insurance Life Plans One [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Reinsurance | R$ 9,550,499 | R$ 8,275,557 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of premiums written, net of amounts reinsured with third parties. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The sensitivity test for Life insurance and Pension Plans was carried out considering the same bases and groupings of the LAT test with the applications of the variations shown in the table below. (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Insurance Interest Rate [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Percentage adjustment to each assumption: | Variation of -5% |
| Total | R$ 177,715 |
| Insurance Longevity [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Percentage adjustment to each assumption: | 0.2% |
| Total | R$ 57,572 |
| Insurance Conversion To Income [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Percentage adjustment to each assumption: | + 5 b.p. |
| Total | R$ 34,570 |
| Insurance Interest Rate 1 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 13,492 |
| Insurance Longevity 1 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | R$ 9,269 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
For Non-Life, life (except individual Life) and Health insurance, including dental, the table below shows the result if there was an increase in the loss ratio by 1 percentage point in the last twelve months of the calculation base date: (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | R$ (26,967) | |
| Nonlife Insurance Contracts One [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | R$ (32,277) | (33,253) |
| Insurance Life Plans [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | (26,390) | |
| Insurance Health Plans [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | (137,890) | (139,863) |
| Gross amount arising from insurance contracts [member] | Nonlife Insurance Contracts One [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | (32,441) | (33,524) |
| Gross amount arising from insurance contracts [member] | Insurance Life Plans [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | (26,496) | (27,073) |
| Gross amount arising from insurance contracts [member] | Insurance Health Plans [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Increase (decrease) in reinsurance assets | R$ (137,890) | R$ (139,863) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The increase (decrease) in reinsurance assets. [Refer: Reinsurance assets] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
RISK MANAGEMENT (Details Narrative) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| IfrsStatementLineItems [Line Items] | |||
| Interest and similar income | R$ 101,217 | R$ 101,353 | R$ 72,246 |
| Net trading gains/(losses) realized and unrealized | 239,876 | (366,167) | (397,142) |
| Total | 341,093 | (264,814) | (324,896) |
| Financial assets at fair value through profit or loss, category [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Interest and similar income | 12,982 | 9,230 | 54,132 |
| Net trading gains/(losses) realized and unrealized | 86,749 | 1,341 | (85,905) |
| Total | 99,731 | 10,571 | (31,773) |
| Financial assets at fair value through other comprehensive income, category [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Interest and similar income | 88,235 | 92,123 | 18,114 |
| Net trading gains/(losses) realized and unrealized | 153,127 | (367,508) | (311,237) |
| Total | R$ 241,362 | R$ (275,385) | R$ (293,123) |
| X | ||||||||||
- Definition Gains/(losses) due to changes in fair value, including the realized and unrealized gains and losses - Total No definition available.
|
| X | ||||||||||
- Definition Gains/(losses) due to changes in fair value - Interest and similar income No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Net trading gains/(losses) realized and unrealized No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Information by operating segment, reviewed. (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| IfrsStatementLineItems [Line Items] | |||
| Fee and commission income and income from banking fees | R$ 26,033,007 | R$ 24,936,454 | R$ 25,337,676 |
| Personnel expenses | (20,013,692) | (18,965,477) | (21,143,568) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (9,471,563) | 11,958,666 | 7,792,129 |
| Net income for the year | 23,380,804 | 16,033,961 | 21,173,207 |
| Assets | 1,675,572,193 | 1,604,653,790 | |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 7,557,566 | 7,386,840 | 7,635,612 |
| Liabilities | 1,525,343,486 | 1,458,536,416 | |
| Personnel expenses | 20,013,692 | 18,965,477 | 21,143,568 |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 9,471,563 | (11,958,666) | (7,792,129) |
| Net Income in the year ended December 31, 2019 | 23,380,804 | 16,033,961 | 21,173,207 |
| Operating Segments Banking [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 98,849,913 | 74,335,609 | 113,402,430 |
| Expenses from financial intermediation | (34,560,608) | (23,937,104) | (49,683,456) |
| Financial margin | 64,289,305 | 50,398,505 | 63,718,974 |
| Expected Credit Loss Associated with Credit Risk expense | (15,500,157) | (25,268,087) | (18,891,493) |
| Gross income from financial intermediation | 48,789,148 | 25,130,418 | 44,827,481 |
| Other income from insurance, Pension Plans and capitalization bonds | |||
| Fee and commission income and income from banking fees | 31,866,568 | 30,307,248 | 31,135,507 |
| Personnel expenses | (18,425,804) | 17,714,158 | 23,072,600 |
| Other administrative expenses | (19,676,660) | (19,349,706) | (20,327,502) |
| Tax expenses | (6,340,354) | (5,476,957) | (6,203,188) |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 7,505 | (271) | 12,921 |
| Other operating income / expenses | (13,689,730) | (15,634,441) | (21,082,041) |
| Operating profit/(loss) | 22,530,673 | (2,737,867) | 5,290,578 |
| Non-operating income/(expense) | (308,942) | (284,469) | (537,428) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (5,522,891) | (14,508,637) | (10,431,415) |
| Net income for the year | 16,698,840 | 11,486,301 | 15,184,565 |
| Assets | 1,485,771,990 | 1,435,481,875 | 1,264,627,391 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 70,811,964 | 77,091,501 | 106,628,723 |
| Liabilities | 1,303,885,088 | 1,291,779,235 | 1,064,606,520 |
| Personnel expenses | 18,425,804 | (17,714,158) | (23,072,600) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 5,522,891 | 14,508,637 | 10,431,415 |
| Net Income in the year ended December 31, 2019 | 16,698,840 | 11,486,301 | 15,184,565 |
| Operating Segments Insurance Pension And Capitalization Bonds [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 20,204,517 | 22,444,253 | 22,936,178 |
| Expenses from financial intermediation | (13,192,413) | (18,341,232) | (16,930,146) |
| Financial margin | 7,012,104 | 4,103,021 | 6,006,032 |
| Expected Credit Loss Associated with Credit Risk expense | |||
| Gross income from financial intermediation | 7,012,104 | 4,103,021 | 6,006,032 |
| Other income from insurance, Pension Plans and capitalization bonds | 5,177,940 | 8,074,969 | 8,935,610 |
| Fee and commission income and income from banking fees | 1,779,999 | 1,875,701 | 2,028,371 |
| Personnel expenses | (2,040,452) | 1,903,919 | 2,030,224 |
| Other administrative expenses | (1,494,814) | (1,524,278) | (1,495,894) |
| Tax expenses | (983,979) | (1,038,918) | (1,110,470) |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 98,692 | 98,937 | 276,165 |
| Other operating income / expenses | (721,996) | (1,033,754) | (734,635) |
| Operating profit/(loss) | 8,827,494 | 8,651,759 | 11,874,955 |
| Non-operating income/(expense) | 36,765 | (197,204) | 26,800 |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (3,520,279) | 3,425,110 | 4,490,945 |
| Net income for the year | 5,343,980 | 5,029,445 | 7,410,810 |
| Assets | 342,175,848 | 338,923,828 | 325,767,085 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 2,640,563 | 1,856,796 | 2,261,867 |
| Liabilities | 308,096,509 | 338,923,828 | 287,062,911 |
| Personnel expenses | 2,040,452 | (1,903,919) | (2,030,224) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 3,520,279 | (3,425,110) | (4,490,945) |
| Net Income in the year ended December 31, 2019 | 5,343,980 | 5,029,445 | 7,410,810 |
| Operating Segments Other Activities [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 159,242 | 109,663 | 228,386 |
| Expenses from financial intermediation | (752) | (455) | |
| Financial margin | 158,490 | 109,208 | 228,386 |
| Expected Credit Loss Associated with Credit Risk expense | |||
| Gross income from financial intermediation | 158,490 | 109,208 | 228,386 |
| Other income from insurance, Pension Plans and capitalization bonds | |||
| Fee and commission income and income from banking fees | 767,505 | 448,292 | 306,865 |
| Personnel expenses | (386,462) | 174,340 | 390,706 |
| Other administrative expenses | (779,724) | (340,464) | (194,265) |
| Tax expenses | (112,654) | (74,502) | (72,662) |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 38,192 | 16,222 | 8,046 |
| Other operating income / expenses | 166,027 | 102,438 | 99,071 |
| Operating profit/(loss) | (148,626) | 86,854 | (15,265) |
| Non-operating income/(expense) | 18 | 1,100 | 133 |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 51,476 | 57,123 | (2,372) |
| Net income for the year | (97,132) | 30,831 | (12,760) |
| Assets | 5,495,625 | 5,658,304 | 5,014,369 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 405,587 | 60,271 | 6,603 |
| Liabilities | 1,300,120 | 5,658,304 | 1,167,684 |
| Personnel expenses | 386,462 | (174,340) | (390,706) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (51,476) | (57,123) | 2,372 |
| Net Income in the year ended December 31, 2019 | (97,132) | 30,831 | (12,760) |
| Operating Segments Eliminations [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | (186,196) | (111,074) | (2,651,701) |
| Expenses from financial intermediation | 211,047 | 118,931 | 2,651,701 |
| Financial margin | 24,851 | 7,857 | |
| Expected Credit Loss Associated with Credit Risk expense | |||
| Gross income from financial intermediation | 24,851 | 7,857 | |
| Other income from insurance, Pension Plans and capitalization bonds | 13,385 | 23,773 | 33,355 |
| Fee and commission income and income from banking fees | (605,756) | (203,830) | (136,176) |
| Personnel expenses | 67 | (62) | |
| Other administrative expenses | 1,128,510 | 674,656 | 611,500 |
| Tax expenses | |||
| Share of profit (loss) of unconsolidated and jointly controlled companies | |||
| Other operating income / expenses | (561,057) | (502,518) | (508,679) |
| Operating profit/(loss) | |||
| Non-operating income/(expense) | |||
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | |||
| Net income for the year | |||
| Assets | (138,226,247) | (135,259,892) | (186,104,068) |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | (71,396,385) | (77,139,456) | (106,710,041) |
| Liabilities | (66,829,862) | (135,259,892) | (79,394,027) |
| Personnel expenses | (67) | 62 | |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | |||
| Net Income in the year ended December 31, 2019 | |||
| Operating Segments Managerial Income Statement [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 119,027,476 | 96,778,451 | 133,915,293 |
| Expenses from financial intermediation | (47,542,726) | (42,159,860) | (63,961,901) |
| Financial margin | 71,484,750 | 54,618,591 | 69,953,392 |
| Expected Credit Loss Associated with Credit Risk expense | (15,500,157) | (25,268,087) | (18,891,493) |
| Gross income from financial intermediation | 55,984,593 | 29,350,504 | 51,061,899 |
| Other income from insurance, Pension Plans and capitalization bonds | 5,191,325 | 8,098,742 | 8,968,965 |
| Fee and commission income and income from banking fees | 33,808,316 | 32,427,411 | 33,334,567 |
| Personnel expenses | (20,852,651) | 19,792,355 | 25,493,530 |
| Other administrative expenses | (20,822,688) | (20,539,792) | (21,406,161) |
| Tax expenses | (7,436,987) | (6,590,377) | (7,386,320) |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 144,389 | 114,888 | 297,132 |
| Other operating income / expenses | (14,806,756) | (17,068,275) | (22,226,284) |
| Operating profit/(loss) | 31,209,541 | 6,000,746 | 17,150,268 |
| Non-operating income/(expense) | (272,159) | (480,573) | (510,495) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (8,991,694) | (11,026,404) | (5,942,842) |
| Net income for the year | 21,945,688 | 16,546,577 | 22,582,615 |
| Assets | 1,695,217,216 | 1,644,804,115 | 1,409,304,777 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 2,461,729 | 1,869,112 | 2,187,152 |
| Liabilities | 1,546,451,855 | 1,501,101,475 | 1,273,443,088 |
| Personnel expenses | 20,852,651 | (19,792,355) | (25,493,530) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 8,991,694 | 11,026,404 | 5,942,842 |
| Net Income in the year ended December 31, 2019 | 21,945,688 | 16,546,577 | 22,582,615 |
| Operating Segments Proportionately Consolidated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | (612,023) | 484,720 | (818,428) |
| Expenses from financial intermediation | 161,179 | (40,645) | 104,508 |
| Financial margin | (450,844) | 444,075 | (713,920) |
| Expected Credit Loss Associated with Credit Risk expense | 72,047 | (104,072) | 170,961 |
| Gross income from financial intermediation | (378,797) | 340,003 | (542,959) |
| Other income from insurance, Pension Plans and capitalization bonds | (6,840) | ||
| Fee and commission income and income from banking fees | (4,229,902) | 4,031,391 | (4,128,937) |
| Personnel expenses | 671,693 | 631,755 | (710,807) |
| Other administrative expenses | 1,488,706 | (1,442,189) | 1,419,119 |
| Tax expenses | 608,530 | (541,474) | 528,090 |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 719,746 | (634,424) | 906,399 |
| Other operating income / expenses | 643,235 | (678,421) | 663,471 |
| Operating profit/(loss) | (476,789) | 443,131 | (450,850) |
| Non-operating income/(expense) | 35,056 | (14,306) | (9,583) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 441,733 | 428,825 | (460,433) |
| Net income for the year | |||
| Assets | (10,413,213) | (9,364,134) | (8,436,501) |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 5,132,515 | 5,177,598 | 5,103,609 |
| Liabilities | (10,413,213) | (9,364,134) | (7,333,871) |
| Personnel expenses | (671,693) | (631,755) | 710,807 |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (441,733) | (428,825) | 460,433 |
| Net Income in the year ended December 31, 2019 | |||
| Operating Segments Consolidation Adjustments [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 1,135,111 | (3,521,128) | 125,364 |
| Expenses from financial intermediation | 1,335,070 | 1,051,877 | 2,404,402 |
| Financial margin | 2,470,181 | (2,469,251) | 2,529,766 |
| Expected Credit Loss Associated with Credit Risk expense | |||
| Gross income from financial intermediation | 2,470,181 | (2,469,251) | 2,529,766 |
| Other income from insurance, Pension Plans and capitalization bonds | |||
| Fee and commission income and income from banking fees | (2,049,179) | 2,164,111 | (2,254,425) |
| Personnel expenses | |||
| Other administrative expenses | (361,913) | 218,055 | (249,173) |
| Tax expenses | |||
| Share of profit (loss) of unconsolidated and jointly controlled companies | |||
| Other operating income / expenses | (59,089) | 87,085 | (26,168) |
| Operating profit/(loss) | |||
| Non-operating income/(expense) | |||
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | |||
| Net income for the year | |||
| Assets | (31,138,435) | (44,400,937) | (41,729,208) |
| Liabilities | (31,138,435) | (44,400,937) | (41,729,208) |
| Personnel expenses | |||
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | |||
| Net Income in the year ended December 31, 2019 | |||
| Operating Segments Adjustments [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 5,892,867 | 4,687,074 | (8,915,835) |
| Expenses from financial intermediation | (9,074,846) | (7,427,059) | 2,835,005 |
| Financial margin | (3,181,979) | (2,739,985) | (6,080,830) |
| Expected Credit Loss Associated with Credit Risk expense | 5,813,901 | 5,826,884 | 4,716,005 |
| Gross income from financial intermediation | 2,631,922 | 3,086,899 | (1,364,825) |
| Other income from insurance, Pension Plans and capitalization bonds | 1,503,053 | 13,680 | |
| Fee and commission income and income from banking fees | (1,496,228) | (13,686,459) | (1,613,529) |
| Personnel expenses | 167,266 | (1,458,633) | (256,405) |
| Other administrative expenses | (2,070,160) | 358,770 | (2,119,131) |
| Tax expenses | 1,082,949 | ||
| Share of profit (loss) of unconsolidated and jointly controlled companies | (442,631) | 964,394 | (2,449) |
| Other operating income / expenses | 2,063,496 | 4,861,111 | 2,012,421 |
| Operating profit/(loss) | 2,356,718 | (1,873,703) | (2,817,428) |
| Non-operating income/(expense) | 19,166 | ||
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (921,602) | (1,361,087) | (1,388,854) |
| Net income for the year | 1,435,116 | (512,616) | (1,409,408) |
| Assets | 21,906,625 | 13,614,746 | 19,388,617 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | (36,678) | 340,130 | 344,851 |
| Liabilities | 20,443,279 | 11,200,012 | 18,604,102 |
| Personnel expenses | (167,266) | 1,458,633 | 256,405 |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 921,602 | 1,361,087 | 1,388,854 |
| Net Income in the year ended December 31, 2019 | 1,435,116 | (512,616) | (1,409,408) |
| Operating Segments Consolidated In Accordance With I F R S [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Revenue from financial intermediation | 125,443,431 | 98,429,117 | 124,306,394 |
| Expenses from financial intermediation | (55,121,323) | (48,575,687) | (58,617,986) |
| Financial margin | 70,322,108 | 49,853,430 | 65,688,408 |
| Expected Credit Loss Associated with Credit Risk expense | (9,614,209) | (19,545,275) | (14,004,527) |
| Gross income from financial intermediation | 60,707,899 | 30,308,155 | 51,683,881 |
| Other income from insurance, Pension Plans and capitalization bonds | 6,694,378 | 8,098,742 | 8,975,805 |
| Fee and commission income and income from banking fees | 26,033,007 | 24,936,454 | 25,337,676 |
| Personnel expenses | (20,013,692) | 18,965,477 | 24,526,318 |
| Other administrative expenses | (21,766,055) | (21,405,156) | (22,355,346) |
| Tax expenses | (6,828,457) | (6,048,902) | (6,858,230) |
| Share of profit (loss) of unconsolidated and jointly controlled companies | 421,504 | 444,858 | 1,201,082 |
| Other operating income / expenses | (12,159,114) | (12,798,500) | (19,576,560) |
| Operating profit/(loss) | 33,089,470 | 4,570,174 | 13,881,990 |
| Non-operating income/(expense) | (237,103) | (494,879) | (500,912) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | (9,471,563) | (11,958,666) | (7,792,129) |
| Net income for the year | 23,380,804 | 16,033,961 | 21,173,207 |
| Assets | 1,675,572,193 | 1,604,653,790 | 1,378,527,685 |
| Investments in subsidiaries, joint ventures and associates reported in separate financial statements | 7,557,566 | 7,386,840 | 7,635,612 |
| Liabilities | 1,525,343,486 | 1,458,536,416 | 1,242,984,111 |
| Personnel expenses | 20,013,692 | (18,965,477) | (24,526,318) |
| IT/SC (Income Tax/Soc. Contrib.) and non-controlling interests | 9,471,563 | 11,958,666 | 7,792,129 |
| Net Income in the year ended December 31, 2019 | R$ 23,380,804 | R$ 16,033,961 | R$ 21,173,207 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The expense of all forms of consideration given by an entity in exchange for a service rendered by employees or for the termination of employment. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of income relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries reported in separate financial statements] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Net interest income (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Loans and advances to banks | R$ 9,043,136 | R$ 6,802,466 | R$ 6,874,429 |
| Loans and advances to customers: | |||
| - Loans | 72,338,735 | 67,443,078 | 67,807,238 |
| - Leases | 247,502 | 152,978 | 256,455 |
| Financial assets: | |||
| - At fair value through profit or loss | 18,631,552 | 13,982,931 | 19,436,407 |
| - Fair value through other comprehensive income | 17,975,178 | 13,632,071 | 12,567,751 |
| - At amortized cost | 16,873,684 | 15,698,407 | 13,139,371 |
| Compulsory deposits with the Central Bank | 3,101,796 | 2,017,605 | 4,304,875 |
| Other financial interest income | 11,763 | 13,835 | 31,179 |
| Total | 138,223,346 | 119,743,371 | 124,417,705 |
| Interest and similar expenses | |||
| - Interbank deposits | 100,492 | 28,232 | 267,636 |
| - Funding in the open market | (12,529,476) | (8,423,041) | (11,784,845) |
| - Borrowings and onlending | 3,351,886 | 5,907,385 | 4,400,636 |
| Deposits from customers: | |||
| - Savings accounts | (4,268,873) | (3,049,149) | (4,568,663) |
| - Time deposits | (11,175,855) | (5,634,342) | (7,707,131) |
| Securities issued | 7,348,164 | 4,786,206 | 9,250,005 |
| Subordinated debt | 3,154,164 | 2,403,327 | 3,708,924 |
| Technical provisions for insurance, Pension Plans and capitalization bonds | 13,192,413 | 18,344,005 | 16,930,146 |
| Total | (55,121,323) | (48,575,687) | (58,617,986) |
| Net interest income | R$ 83,102,023 | R$ 71,167,684 | R$ 65,799,719 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of expense arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of interest expense on bonds issued. [Refer: Interest expense; Bonds issued] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest expense on debt instruments issued. [Refer: Interest expense; Debt instruments issued] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest expense on deposits from banks. [Refer: Interest expense; Deposits from banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of revenue arising from interest for financial assets that are measured at amortised cost. [Refer: Interest income; Financial assets at amortised cost] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of interest income on cash and bank balances at central banks. [Refer: Interest income; Cash and bank balances at central banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest income on financial assets designated at fair value through profit or loss. [Refer: Interest income; Financial assets at fair value through profit or loss, designated upon initial recognition or subsequently] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest income on loans and advances to banks. [Refer: Interest income; Loans and advances to banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of interest income on other financial assets. [Refer: Interest income; Other financial assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of income or expense arising from interest. [Refer: Interest expense; Interest income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of interest revenue arising on financial assets measured at fair value through other comprehensive income. [Refer: Revenue; Financial assets measured at fair value through other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of post-employment benefit expense included in profit or loss relating to defined benefit plans. [Refer: Profit (loss); Defined benefit plans [member]] [Contrast: Increase (decrease) in net defined benefit liability (asset) resulting from expense (income) in profit or loss] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of income arising from interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Fee and commission income (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Credit card income | R$ 7,510,685 | R$ 6,754,319 | R$ 7,397,305 |
| Current accounts | 7,980,149 | 7,927,357 | 7,702,319 |
| Collections | 1,970,919 | 2,150,007 | 1,935,353 |
| Guarantees | 1,111,476 | 1,259,236 | 1,257,771 |
| Asset management | 1,340,761 | 1,348,214 | 1,582,733 |
| Consortium management | 2,202,959 | 1,921,206 | 1,921,082 |
| Custody and brokerage services | 1,293,899 | 1,200,729 | 1,134,630 |
| Underwriting/ Financial Advisory Services | (1,213,016) | (1,150,460) | (1,014,607) |
| Payments | 440,155 | 462,535 | 475,393 |
| Other | 968,988 | 762,391 | 916,483 |
| Total | R$ 26,033,007 | R$ 24,936,454 | R$ 25,337,676 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of income recognised for brokerage fees charged by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of income recognised from credit-related fees and commissions. [Refer: Fee and commission income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of income relating to fees and commissions. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of fee and commission expense that the entity does not separately disclose in the same statement or note. [Refer: Fee and commission expense] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of fee and commission income that the entity does not separately disclose in the same statement or note. [Refer: Fee and commission income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of income recognised from portfolio and other management fees. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Net gains/(losses) on financial assets and liabilities at fair value through profit or loss (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Net Gainslosses On Financial Assets And Liabilities At Fair Value Through Profit Or Loss | |||
| Fixed income securities | R$ (9,956,696) | R$ 784,649 | R$ 544,554 |
| Derivative financial instruments | 762,019 | (19,188,022) | (1,197,059) |
| Equity securities | (2,078,113) | (183,030) | (438,412) |
| Total | R$ (11,272,790) | R$ (18,586,403) | R$ (1,090,917) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Net gains/(losses) on financial assets at fair value through other comprehensive income (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Net Gainslosses On Financial Assets At Fair Value Through Other Comprehensive Income | |||
| Fixed income securities | R$ (893,750) | R$ 891,888 | R$ 82,859 |
| Equity securities | (187,643) | (2,608,767) | 572,973 |
| Total | R$ (1,081,393) | R$ (1,716,879) | R$ 655,832 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Income from insurance and pension plans (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Gross Profit From Insurance And Pension Plans | |||
| Written premiums | R$ 73,123,233 | R$ 65,335,387 | R$ 67,835,874 |
| Supplemental pension plan contributions | 3,519,774 | 3,390,768 | 3,954,904 |
| Ceded coinsurance premiums | (50,041) | (66,647) | (62,903) |
| Refunded premiums | (311,191) | (179,660) | (467,546) |
| Reinsurance premiums paid | (60,614) | (69,347) | (68,919) |
| Written premiums net of reinsurance and coinsurance | 76,221,161 | 68,410,501 | 71,191,410 |
| Changes in the provision for insurance | (31,005,277) | (27,442,202) | (29,047,959) |
| Changes in the provision for private Pension Plans | (1,595,690) | (2,540,927) | (2,988,568) |
| Changes in the insurance technical provisions and Pension Plans | (32,600,967) | (29,983,129) | (32,036,527) |
| Reported indemnities | (34,054,735) | (27,333,375) | (28,009,648) |
| Claims expenses | 82,660 | 32,153 | 117,705 |
| Recovery of ceded coinsurance | 155,091 | 150,456 | 160,443 |
| Recovery of reinsurance | 36,999 | 17,595 | 50,237 |
| Salvage recoveries | 743,126 | 530,509 | 589,906 |
| Changes in the IBNR provision | (836,766) | (979,399) | (324,069) |
| Retained claims | (34,038,945) | (27,646,367) | (27,650,836) |
| Commissions on premiums | (3,028,200) | (2,779,012) | (2,728,176) |
| Recovery of commissions | 7,055 | 5,073 | 5,855 |
| Fees | (303,500) | (319,105) | (422,952) |
| Brokerage expenses - private Pension Plans | (225,921) | (133,786) | (101,626) |
| Changes in deferred commissions | 42,778 | 24,532 | (2,209) |
| Selling expenses for insurance and Pension Plans | (3,507,788) | (3,202,298) | (3,249,108) |
| Gross profit from insurance and Pension Plans | R$ 6,073,461 | R$ 7,578,707 | R$ 8,254,939 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of claims and benefits paid to policyholders, net of reinsurance recoveries. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of premiums earned on insurance contracts net of reinsurance premiums. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Personnel expenses (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Salaries | R$ 10,080,147 | R$ 9,280,777 | R$ 9,768,305 |
| Benefits | 4,600,686 | 4,659,876 | 5,911,496 |
| Social security charges | 3,399,639 | 3,404,017 | 3,470,191 |
| Employee profit sharing | 1,843,861 | 1,533,955 | 1,803,545 |
| Training | 89,359 | 86,852 | 190,031 |
| Total | R$ (20,013,692) | R$ (18,965,477) | R$ (21,143,568) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of long-term employee benefits other than post-employment benefits and termination benefits. Such benefits may include long-term paid absences, jubilee or other long-service benefits, long-term disability benefits, long-term profit-sharing and bonuses and long-term deferred remuneration. [Refer: Employee benefits expense] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of expense from employee benefits (other than termination benefits), which are expected to be settled wholly within twelve months after the end of the annual reporting period in which the employees render the related services, that the entity does not separately disclose in the same statement or note. [Refer: Employee benefits expense] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of fees paid or payable for professional services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition A class of employee benefits expense that represents social security contributions. [Refer: Employee benefits expense] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition A class of employee benefits expense that represents wages and salaries. [Refer: Employee benefits expense] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Other administrative expenses (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Outsourced services | R$ 4,853,582 | R$ 4,768,664 | R$ 4,808,331 |
| Communication | 1,253,156 | 1,333,127 | 1,570,224 |
| Data processing | (2,248,464) | (2,150,048) | (2,145,226) |
| Advertising and marketing | (1,340,104) | (1,052,083) | (1,300,468) |
| Asset maintenance | (1,304,469) | (1,299,441) | (1,231,596) |
| Financial system | (1,142,628) | (1,119,697) | (1,135,964) |
| Rental | (151,838) | (142,448) | (180,648) |
| Security and surveillance | (581,656) | (698,206) | (744,036) |
| Transport | 703,416 | 651,238 | 773,208 |
| Water, electricity and gas | 356,177 | 373,056 | 440,613 |
| Advances to FGC (Deposit Guarantee Association) | (670,854) | (588,093) | (433,369) |
| Supplies | (109,666) | (139,371) | (191,362) |
| Travel | 33,982 | 77,433 | 302,170 |
| Other | (1,243,163) | (1,091,221) | (1,232,363) |
| Total | R$ (15,993,155) | R$ (15,484,126) | R$ (16,489,578) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of expenses that the entity classifies as being administrative. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of expense arising from communication. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of expense arising from the consumption of fuel and energy. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of expense arising from services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of expense arising from transportation services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of expense arising from travel. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Depreciation and amortization (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
||||
| Depreciation And Amortization | ||||||
| Amortization expenses | R$ 3,060,180 | R$ 2,960,924 | R$ 3,128,385 | |||
| Depreciation expenses | (2,712,720) | (2,960,106) | [1] | (2,737,383) | ||
| Total | R$ (5,772,900) | R$ (5,921,030) | R$ (5,865,768) | |||
| ||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of amortisation expense. Amortisation is the systematic allocation of depreciable amounts of intangible assets over their useful lives. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of depreciation and amortisation expense. Depreciation and amortisation are the systematic allocations of depreciable amounts of assets over their useful lives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Other operating income/(expenses) (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|||
| Tax expenses | R$ (6,828,457) | R$ (6,048,902) | R$ (6,858,230) | ||
| Legal provision | (3,888,464) | (2,016,778) | (4,435,942) | ||
| Income from sales of non-current assets, investments, and property and equipment, net | 25,894 | (239,606) | (344,627) | ||
| Card marketing expenses | (3,078,632) | (2,858,522) | (3,207,559) | ||
| Other () | [1] | (4,834,098) | (7,658,438) | (14,751,228) | |
| Total | (18,603,757) | (18,822,246) | R$ (29,597,586) | ||
| [custom:ImpairmentLossesInTheAcquisitionOfTheRightToProvideFinancialServices] | 713,113 | 3,712 | |||
| [custom:ImpairmentLossesInTheAcquisitionOfTheRightToProvideFinancialServicesSoftwareHardware] | 24,360 | 21,519 | |||
| [custom:ImpairmentLossesInTheAcquisitionOfTheRightToProvideFinancialServicesInvestmentGoodwill] | 11,508 | 726,419 | |||
| [custom:ExpensesWithProvisionForFinancialGuarantees] | R$ 800,534 | R$ 980,978 | |||
| |||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The gains (losses) on disposals of non-current assets. [Refer: Non-current assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of operating income (expense) that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Calculation of income tax and social contribution charges (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|||
| Income before income tax and social contribution | R$ 32,852,367 | R$ 4,075,295 | R$ 13,381,078 | ||
| Total burden of income tax and social contribution at the current rates (Note 2t) | (14,783,565) | (1,833,883) | (5,352,431) | ||
| Earnings (losses) of associates and joint ventures | 189,677 | 200,186 | 480,433 | ||
| Interest on shareholders’ equity | 3,258,040 | 2,496,587 | 2,949,143 | ||
| Other amounts | [1] | (1,864,285) | (11,095,776) | (9,714,984) | |
| Income tax and social contribution for the period | R$ (9,471,563) | R$ 11,958,666 | R$ 7,792,129 | ||
| Effective rate | (28.80%) | 293.40% | 58.20% | ||
| |||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The tax expense (income) divided by the accounting profit. [Refer: Accounting profit] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of other comprehensive income that will be reclassified to profit or loss, before tax. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Composition of income tax and social contribution in the consolidated statement of income (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Income tax and social contribution payable | R$ (5,945,141) | R$ (4,632,251) | R$ (7,441,945) |
| Deferred taxes: | |||
| Constitution/realization in the period on temporary additions and exclusions | (3,618,473) | 5,863,870 | 14,030,748 |
| Use of opening balances of: | |||
| Social contribution loss | (132,605) | (63,150) | (107,984) |
| Income tax loss | (176,144) | (79,842) | (186,773) |
| Social contribution loss | 117,270 | 4,813,120 | 1,174,988 |
| Income tax loss | 283,530 | 6,056,919 | 323,095 |
| Total deferred tax expense | 3,526,422 | (16,590,917) | (15,234,074) |
| Income taxes | R$ (9,471,563) | R$ 11,958,666 | R$ 7,792,129 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Deferred income tax and social contribution presented in the consolidated statement of financial position (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Mar. 31, 2020 |
Dec. 31, 2019 |
||
|---|---|---|---|---|---|---|
| Deferred Income Tax And Social Contribution Balance On [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Provisions for credit losses | R$ 44,561,831 | R$ 45,750,275 | R$ (45,750,275) | R$ (39,656,446) | ||
| Provision for contingencies | 10,409,560 | 10,423,896 | (10,423,896) | (10,462,850) | ||
| Impairment of securities and investments | 3,912,172 | 3,750,503 | (3,750,503) | (2,789,316) | ||
| Adjustment to fair value of securities | 353,503 | 991,069 | (991,069) | (1,346,668) | ||
| Other | 6,672,640 | 6,570,827 | (6,570,827) | (6,376,906) | ||
| Total deductible taxes on temporary differences | 65,909,706 | 67,486,570 | (67,486,570) | (60,632,186) | ||
| Income tax and social contribution losses in Brazil and overseas | 18,701,919 | 18,609,868 | (18,609,868) | (7,882,821) | ||
| Subtotal | 84,611,625 | 86,096,438 | ||||
| Adjustment to fair value of available-for-sale securities | 1,935,615 | |||||
| Total deferred tax assets | [1] | 86,547,240 | 86,096,438 | (86,096,438) | (68,515,007) | |
| Deferred tax liabilities | [1] | 8,011,814 | 10,361,826 | (10,361,826) | (10,025,555) | |
| Net deferred taxes | [1] | 78,535,426 | 75,734,612 | |||
| Net deferred taxes | [1] | R$ 75,734,612 | R$ 58,489,452 | |||
| Deferred Income Tax And Social Contribution Amount Recorded [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Provisions for credit losses | 7,947,879 | (11,625,279) | ||||
| Provision for contingencies | 1,246,310 | (1,803,110) | ||||
| Impairment of securities and investments | 559,875 | (1,607,701) | ||||
| Adjustment to fair value of securities | 194,106 | (633,811) | ||||
| Other | 3,010,355 | (3,611,893) | ||||
| Total deductible taxes on temporary differences | 12,958,525 | (19,281,794) | ||||
| Income tax and social contribution losses in Brazil and overseas | 400,800 | (10,870,039) | ||||
| Subtotal | 13,359,325 | |||||
| Adjustment to fair value of available-for-sale securities | 1,935,615 | |||||
| Total deferred tax assets | [1] | 15,294,940 | (30,151,833) | |||
| Deferred tax liabilities | [1] | 2,369,051 | (3,071,916) | |||
| Net deferred taxes | [1] | 12,925,889 | ||||
| Net deferred taxes | [1] | 27,079,917 | ||||
| Deferred Income Tax And Social Contribution Realized Decrease [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Provisions for credit losses | (9,136,323) | 5,531,450 | ||||
| Provision for contingencies | (1,260,646) | 1,842,064 | ||||
| Impairment of securities and investments | (398,206) | 646,514 | ||||
| Adjustment to fair value of securities | (831,672) | 989,410 | ||||
| Other | (2,908,542) | 3,417,972 | ||||
| Total deductible taxes on temporary differences | (14,535,389) | 12,427,410 | ||||
| Income tax and social contribution losses in Brazil and overseas | (308,749) | 142,992 | ||||
| Subtotal | (14,844,138) | |||||
| Adjustment to fair value of available-for-sale securities | ||||||
| Total deferred tax assets | [1] | (14,844,138) | 12,570,402 | |||
| Deferred tax liabilities | [1] | (4,719,063) | 2,735,645 | |||
| Net deferred taxes | [1] | R$ (10,125,075) | ||||
| Net deferred taxes | [1] | R$ (9,834,757) | ||||
| ||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Expected realization of deferred tax assets on temporary differences, tax loss and negative basis of social contribution (Details) |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Temporary differences [member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | R$ 36,976,562,000 |
| Social contribution | 28,933,144,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2022 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 6,967,679,000 |
| Social contribution | 5,395,585,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2023 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 9,372,760,000 |
| Social contribution | 7,399,519,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2024 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 8,750,119,000 |
| Social contribution | 6,957,184,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2025 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 8,015,469,000 |
| Social contribution | 6,376,626,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2026 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 3,128,464,000 |
| Social contribution | 2,329,969,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2027 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 160,155,000 |
| Social contribution | 109,082,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2028 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 197,770,000 |
| Social contribution | 140,197,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2029 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 44,134,000 |
| Social contribution | 27,309,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2030 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 174,032,000 |
| Social contribution | 105,244,000 |
| Temporary differences [member] | Expected Realization Of Deferred Tax Assets 2031 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 165,980,000 |
| Social contribution | 92,429,000 |
| Carry Forward Tax Losses [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 9,956,921,000 |
| Social contribution | 8,744,998,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2022 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 207,454,000 |
| Social contribution | 180,258,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2023 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 218,218,000 |
| Social contribution | 191,937,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2024 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 173,809,000 |
| Social contribution | 187,830,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2025 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 130,871,000 |
| Social contribution | 163,567,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2026 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 1,518,126,000 |
| Social contribution | 1,254,345,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2027 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 2,033,931,000 |
| Social contribution | 1,625,597,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2028 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 1,940,771,000 |
| Social contribution | 1,525,406,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2029 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 2,036,014,000 |
| Social contribution | 1,609,721,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2030 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 1,690,665,000 |
| Social contribution | 1,819,388,000 |
| Carry Forward Tax Losses [Member] | Expected Realization Of Deferred Tax Assets 2031 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Income tax | 7,062,000 |
| Social contribution | 186,949,000 |
| Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 84,611,625,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2022 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 17,182,434,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 12,750,976,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2023 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 16,068,942,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2024 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 14,686,533,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2025 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 8,230,904,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2026 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 3,928,765,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2027 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 3,804,144,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2028 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 3,717,178,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2030 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | 3,789,329,000 |
| Total [Member] | Expected Realization Of Deferred Tax Assets 2031 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Total | R$ 452,420,000 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Deferred tax liabilities (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Fair value adjustment to securities and derivative financial instruments | R$ 1,824,164 | R$ 890,275 |
| Difference in depreciation | 274,687 | 232,848 |
| Judicial deposit | 2,326,652 | 2,184,863 |
| Other | 3,586,311 | 2,662,219 |
| Total deferred liabilities on temporary exclusions | 8,011,814 | 5,970,205 |
| Adjustment to fair value of available-for-sale securities | 4,391,621 | |
| Total deferred tax expense | 8,011,814 | 10,361,826 |
| Deferred Income Tax And Social Contribution Balance On [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Fair value adjustment to securities and derivative financial instruments | 890,275 | 8,732 |
| Difference in depreciation | 232,848 | 237,400 |
| Judicial deposit | 2,184,863 | 2,154,003 |
| Other | 2,662,219 | 2,579,556 |
| Total deferred liabilities on temporary exclusions | 5,970,205 | 4,979,691 |
| Adjustment to fair value of available-for-sale securities | 4,391,621 | 5,045,864 |
| Total deferred tax expense | 10,361,826 | 10,025,555 |
| Deferred Income Tax And Social Contribution Amount Recorded [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Fair value adjustment to securities and derivative financial instruments | 936,149 | 890,275 |
| Difference in depreciation | 47,815 | 15,080 |
| Judicial deposit | 232,768 | 113,429 |
| Other | 1,014,109 | 193,260 |
| Total deferred liabilities on temporary exclusions | 2,230,841 | 1,212,044 |
| Adjustment to fair value of available-for-sale securities | 138,210 | 1,859,872 |
| Total deferred tax expense | 2,369,051 | 3,071,916 |
| Deferred Income Tax And Social Contribution Realized Decrease [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Fair value adjustment to securities and derivative financial instruments | (2,260) | (8,732) |
| Difference in depreciation | (5,976) | (19,632) |
| Judicial deposit | (90,979) | (82,569) |
| Other | (90,017) | (110,597) |
| Total deferred liabilities on temporary exclusions | (189,232) | (221,530) |
| Adjustment to fair value of available-for-sale securities | (4,529,831) | (2,514,115) |
| Total deferred tax expense | R$ (4,719,063) | R$ (2,735,645) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Income tax and social contribution on adjustments recognized directly in equity (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Income Tax And Social Contribution On Adjustments Recognized Directly In Equity Before Tax [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through other comprehensive income | R$ (15,789,132) | R$ (200,532) | R$ 10,027,427 |
| Exchange differences on translations of foreign operations | (19,107) | 235,863 | 73,867 |
| Other | 134,236 | (39,523) | (371,887) |
| Total | (15,674,003) | (4,192) | 9,729,407 |
| Income Tax And Social Contribution On Adjustments Recognized Directly In Equity Tax Expense Benefit [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through other comprehensive income | 6,625,497 | 218,123 | (4,231,992) |
| Exchange differences on translations of foreign operations | |||
| Other | (60,406) | 17,930 | 167,349 |
| Total | 6,565,091 | 236,053 | (4,064,643) |
| Income Tax And Social Contribution On Adjustments Recognized Directly In Equity Net Of Tax [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Financial assets at fair value through other comprehensive income | (9,163,635) | 17,591 | 5,795,435 |
| Exchange differences on translations of foreign operations | (19,107) | 235,863 | 73,867 |
| Other | 73,830 | (21,593) | (204,538) |
| Total | R$ (9,108,912) | R$ 231,861 | R$ 5,664,764 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of income tax relating to amounts recognised in other comprehensive income in relation to exchange differences on the translation of financial statements of foreign operations. [Refer: Other comprehensive income; Reserve of exchange differences on translation] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of income tax relating to amounts recognised in other comprehensive income in relation to financial assets measured at fair value through other comprehensive income applying paragraph 4.1.2A of IFRS 9. [Refer: Financial assets measured at fair value through other comprehensive income; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of income tax relating to an entity's share of other comprehensive income of associates and joint ventures accounted for using the equity method that will be reclassified to profit or loss. [Refer: Share of other comprehensive income of associates and joint ventures accounted for using equity method, before tax] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The basic earnings per share was calculated based on the weighted average number of common and preferred shares outstanding, as shown in the calculations below: (Details) - BRL (R$) R$ / shares in Units, R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| IfrsStatementLineItems [Line Items] | |||
| Net earnings attributable to the Company’s common shareholders (R$ thousand) | R$ 11,061,730 | R$ 7,560,015 | R$ 10,035,723 |
| Net earnings attributable to the Company’s preferred shareholders (R$ thousand) | R$ 12,110,592 | R$ 8,276,847 | R$ 10,987,300 |
| Weighted average number of common shares outstanding (thousands) | 4,860,678 | 4,871,446 | 4,871,446 |
| Weighted average number of preferred shares outstanding (thousands) | 4,841,001 | 4,848,500 | 4,848,500 |
| Ordinary shares [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Basic earnings per share attributable to shareholders of the Organization (in Reais) | R$ 2.28 | R$ 1.55 | R$ 2.06 |
| Preference shares [member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Basic earnings per share attributable to shareholders of the Organization (in Reais) | R$ 2.50 | R$ 1.71 | R$ 2.27 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Cash and balances with banks (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
||
|---|---|---|---|---|
| Cash and due from banks in domestic currency | R$ 14,850,622 | R$ 17,747,628 | ||
| Cash and due from banks in foreign currency | 6,433,495 | 6,096,396 | ||
| Compulsory deposits with the Central Bank | [1] | 87,317,302 | 83,757,533 | |
| Investments in gold | 213 | 1,037 | ||
| Total | R$ 108,601,632 | R$ 107,602,594 | ||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of bank balances held at central banks other than mandatory reserve deposits. [Refer: Mandatory reserve deposits at central banks] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of cash on hand and demand deposits. [Refer: Cash on hand] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of cash and bank balances held at central banks. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of cash and cash equivalents that the entity does not separately disclose in the same statement or note. [Refer: Cash and cash equivalents] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Cash and cash equivalents (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
||
|---|---|---|---|---|---|
| Cash and due from banks in domestic currency | R$ 14,850,622 | R$ 17,747,628 | |||
| Cash and due from banks in foreign currency | 6,433,495 | 6,096,396 | |||
| Interbank investments | [1] | 50,101,989 | 166,975,928 | ||
| Investments in gold | 213 | 1,037 | |||
| Total | R$ 71,386,319 | R$ 190,820,989 | R$ 61,879,493 | ||
| |||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of cash on hand and demand deposits. [Refer: Cash on hand] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of cash and cash equivalents that the entity does not separately disclose in the same statement or note. [Refer: Cash and cash equivalents] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition A classification of cash equivalents representing short-term investments. [Refer: Cash equivalents] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Financial assets at fair value through profit or loss (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Brazilian government securities | R$ 259,024,432 | R$ 215,945,004 |
| Bank debt securities | 20,621,803 | 10,668,517 |
| Corporate debt and marketable equity securities | 23,766,666 | 16,689,704 |
| Mutual funds | 9,966,594 | 6,516,477 |
| Brazilian sovereign bonds | 307,452 | 725,515 |
| Foreign governments securities | 689,293 | 626,079 |
| Derivative financial instruments | 22,184,725 | 24,815,393 |
| Total | R$ 336,560,965 | R$ 275,986,689 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Maturity (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Maturity of up to one year | R$ 68,882,909 | R$ 60,438,153 |
| Maturity of one to five years | 202,449,463 | 165,430,418 |
| Maturity of five to 10 years | 36,316,999 | 28,103,378 |
| Maturity of over 10 years | 11,550,369 | 7,828,437 |
| No stated maturity | 17,361,225 | 14,186,303 |
| Total | 336,560,965 | 275,986,689 |
| Due within one year | 38,849,569 | 37,799,094 |
| From 1 to 5 years | 85,001,327 | 78,452,236 |
| From 5 to 10 years | 39,111,612 | 32,852,519 |
| Over 10 years | 16,438,108 | 34,903,036 |
| Total | 179,400,616 | 184,006,885 |
| At cost [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Due within one year | 39,050,064 | 37,272,651 |
| From 1 to 5 years | 87,143,802 | 77,744,401 |
| From 5 to 10 years | 36,997,796 | 34,641,933 |
| Over 10 years | 15,627,613 | 29,964,909 |
| Total | R$ 178,819,275 | R$ 179,623,894 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
EARNINGS PER SHARE (Details Narrative) |
Mar. 10, 2021
shares
|
|---|---|
| Share bonus | 10 |
| X | ||||||||||
- References No definition available.
|
Liabilities at fair value through profit or loss (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Derivative financial instruments | R$ 14,265,283 | R$ 18,697,682 |
| Total | R$ 14,265,283 | R$ 18,697,682 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
The breakdown of the notional and/or contractual values and the fair value of derivatives held for trading by the Company is as follows: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Futures contract [member] | Purchase Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | R$ 99,213,654 | R$ 84,467,021 |
| Original amortized cost | 24,535 | |
| Fair value | 24,535 | |
| Futures contract [member] | Purchase Commitments [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 61,640,819 | 40,651,059 |
| Original amortized cost | 10,050 | |
| Fair value | 10,050 | |
| Futures contract [member] | Purchase Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 31,449,101 | 39,875,542 |
| Original amortized cost | 10,832 | |
| Fair value | 10,832 | |
| Futures contract [member] | Purchase Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 6,123,734 | 3,940,420 |
| Original amortized cost | 3,653 | |
| Fair value | 3,653 | |
| Net amount value | 2,234,955 | 2,807,910 |
| Futures contract [member] | Sale Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 186,188,569 | 316,512,537 |
| Original amortized cost | (19,366) | |
| Fair value | (19,366) | |
| Futures contract [member] | Sale Commitments [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 131,650,443 | 263,958,439 |
| Original amortized cost | (15,899) | |
| Fair value | (15,899) | |
| Net amount value | 70,009,624 | 223,307,380 |
| Futures contract [member] | Sale Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 50,649,347 | 51,421,588 |
| Original amortized cost | (1,371) | |
| Fair value | (1,371) | |
| Net amount value | 19,200,246 | 11,546,046 |
| Futures contract [member] | Sale Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 3,888,779 | 1,132,510 |
| Original amortized cost | (2,096) | |
| Fair value | (2,096) | |
| Option contract [member] | Purchase Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 277,559,369 | 326,423,643 |
| Original amortized cost | 1,304,697 | 2,456,611 |
| Fair value | 1,778,679 | 3,352,278 |
| Mark-to-market adjustment | 473,982 | 895,667 |
| Option contract [member] | Purchase Commitments [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 250,565,454 | 311,472,364 |
| Original amortized cost | 748,111 | 1,504,181 |
| Fair value | 747,847 | 1,697,507 |
| Net amount value | 8,112,967 | |
| Mark-to-market adjustment | (264) | 193,326 |
| Option contract [member] | Purchase Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 3,442,347 | 13,878,682 |
| Original amortized cost | 151,280 | 854,484 |
| Fair value | 99,638 | 1,555,573 |
| Mark-to-market adjustment | (51,642) | 701,089 |
| Option contract [member] | Purchase Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 23,551,568 | 1,072,597 |
| Original amortized cost | 405,306 | 97,946 |
| Fair value | 931,194 | 99,198 |
| Net amount value | 282,563 | |
| Mark-to-market adjustment | 525,888 | 1,252 |
| Option contract [member] | Sale Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 270,271,972 | 331,145,703 |
| Original amortized cost | (943,666) | (2,520,903) |
| Fair value | (1,092,044) | (3,110,083) |
| Mark-to-market adjustment | (148,378) | (589,180) |
| Option contract [member] | Sale Commitments [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 242,452,487 | 314,999,693 |
| Original amortized cost | (96,655) | (1,640,039) |
| Fair value | (96,610) | (1,834,709) |
| Net amount value | 3,527,329 | |
| Mark-to-market adjustment | 45 | (194,670) |
| Option contract [member] | Sale Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 3,986,437 | 15,355,976 |
| Original amortized cost | (172,612) | (619,545) |
| Fair value | (57,174) | (982,843) |
| Net amount value | 544,090 | 1,477,294 |
| Mark-to-market adjustment | 115,438 | (363,298) |
| Option contract [member] | Sale Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 23,833,048 | 790,034 |
| Original amortized cost | (674,399) | (261,319) |
| Fair value | (938,260) | (292,531) |
| Net amount value | 281,480 | |
| Mark-to-market adjustment | (263,861) | (31,212) |
| Forward contract [member] | Purchase Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 32,430,997 | 76,011,205 |
| Original amortized cost | 303,733 | 4,696,246 |
| Fair value | 298,470 | 4,711,064 |
| Mark-to-market adjustment | (5,263) | 14,818 |
| Forward contract [member] | Purchase Commitments [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 246,269 | |
| Original amortized cost | 1,859 | |
| Fair value | 16,677 | |
| Net amount value | 246,269 | |
| Mark-to-market adjustment | 14,818 | |
| Forward contract [member] | Purchase Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 31,622,823 | 70,345,084 |
| Original amortized cost | 231,503 | (453) |
| Fair value | 230,677 | (453) |
| Net amount value | 4,716,522 | 48,576,798 |
| Mark-to-market adjustment | (826) | |
| Forward contract [member] | Purchase Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 808,174 | 5,419,852 |
| Original amortized cost | 72,230 | 4,694,840 |
| Fair value | 67,793 | 4,694,840 |
| Net amount value | 4,451,509 | |
| Mark-to-market adjustment | (4,437) | |
| Forward contract [member] | Sale Commitments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 30,185,980 | 22,736,629 |
| Original amortized cost | 1,876,674 | (132,076) |
| Fair value | 1,837,857 | (136,754) |
| Mark-to-market adjustment | (38,817) | (4,678) |
| Forward contract [member] | Sale Commitments [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 26,906,301 | 21,768,286 |
| Original amortized cost | (92,393) | (82,681) |
| Fair value | (92,393) | (82,681) |
| Forward contract [member] | Sale Commitments [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 3,279,679 | 968,343 |
| Original amortized cost | 1,969,067 | (49,395) |
| Fair value | 1,930,250 | (54,073) |
| Net amount value | 2,471,505 | |
| Mark-to-market adjustment | (38,817) | (4,678) |
| Swap contract [member] | Assets (long position) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 85,399,663 | 66,137,265 |
| Original amortized cost | 13,299,664 | 11,195,415 |
| Fair value | 16,801,080 | 14,787,200 |
| Mark-to-market adjustment | 3,501,416 | 3,591,785 |
| Swap contract [member] | Assets (long position) [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 26,515,089 | 4,095,567 |
| Original amortized cost | (33,786) | 106,827 |
| Fair value | 1,560,386 | 322,354 |
| Mark-to-market adjustment | 1,594,172 | 215,527 |
| Swap contract [member] | Assets (long position) [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 32,743,824 | 24,369,039 |
| Original amortized cost | 8,095,899 | 6,169,577 |
| Fair value | 10,626,557 | 9,220,994 |
| Net amount value | 14,819,075 | 1,177,263 |
| Mark-to-market adjustment | 2,530,658 | 3,051,417 |
| Swap contract [member] | Assets (long position) [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 9,522,191 | 3,608,719 |
| Original amortized cost | 539,030 | 326,603 |
| Fair value | 669,637 | 602,738 |
| Net amount value | 4,995,108 | |
| Mark-to-market adjustment | 130,607 | 276,135 |
| Swap contract [member] | Assets (long position) [Member] | Fixed Rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 16,113,972 | 33,427,359 |
| Original amortized cost | 4,135,240 | 4,160,018 |
| Fair value | 3,370,165 | 4,186,048 |
| Net amount value | 9,253,753 | 19,386,846 |
| Mark-to-market adjustment | (765,075) | 26,030 |
| Swap contract [member] | Assets (long position) [Member] | Derivative Instruments I G P M [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 504,587 | 636,581 |
| Original amortized cost | 563,281 | 432,390 |
| Fair value | 574,335 | 455,066 |
| Mark-to-market adjustment | 11,054 | 22,676 |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 67,738,764 | 50,475,079 |
| Original amortized cost | (10,367,236) | (10,838,073) |
| Fair value | (11,704,600) | (13,491,163) |
| Mark-to-market adjustment | (1,337,364) | (2,653,090) |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | Interbank Market [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 37,713,535 | 7,350,385 |
| Original amortized cost | (29,833) | (103,984) |
| Fair value | (1,366,544) | (130,996) |
| Net amount value | 11,198,446 | 3,254,818 |
| Mark-to-market adjustment | (1,336,711) | (27,012) |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | Derivative Instruments Foreign Currency [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 17,924,749 | 23,191,776 |
| Original amortized cost | (5,924,580) | (7,119,016) |
| Fair value | (5,978,039) | (7,920,115) |
| Mark-to-market adjustment | (53,459) | (801,099) |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | Derivative Instruments Other [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 4,527,083 | 5,056,098 |
| Original amortized cost | (670,302) | (647,251) |
| Fair value | (620,863) | (975,717) |
| Net amount value | 1,447,379 | |
| Mark-to-market adjustment | 49,439 | (328,466) |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | Fixed Rate [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 6,860,219 | 14,040,513 |
| Original amortized cost | (2,983,362) | (2,431,630) |
| Fair value | (2,962,010) | (3,879,750) |
| Mark-to-market adjustment | 21,352 | (1,448,120) |
| Swap contract [member] | Liabilities (unrestricted position) [Member] | Derivative Instruments I G P M [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 713,178 | 836,307 |
| Original amortized cost | (759,159) | (536,192) |
| Fair value | (777,144) | (584,585) |
| Net amount value | 208,591 | 199,726 |
| Mark-to-market adjustment | (17,985) | (48,393) |
| Derivative Financial Instruments Total [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Nominal value | 1,048,988,968 | 1,273,909,082 |
| Original amortized cost | 5,473,866 | 4,862,389 |
| Fair value | 7,919,442 | 6,117,711 |
| Mark-to-market adjustment | R$ 2,445,576 | R$ 1,255,322 |
| X | ||||||||||
- Definition Derivative financial instruments - Mark-to-market adjustment No definition available.
|
| X | ||||||||||
- Definition Derivative financial instruments - Net amount value No definition available.
|
| X | ||||||||||
- Definition Derivative financial instruments - Original amortized cost No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The fair value of financial assets. [Refer: At fair value [member]; Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Risk of Default (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Risk received in credit Swaps: | R$ 3,490,765 | R$ 3,872,939 |
| - Debt securities issued by companies | 826,946 | 1,024,244 |
| - Bonds of the Brazilian public debt | 2,085,120 | 2,580,026 |
| - Bonds of foreign public debt | 578,699 | 268,669 |
| Risk transferred in credit Swaps: | (1,512,316) | (1,304,372) |
| - Brazilian public debt derivatives | (831,495) | (332,589) |
| - Foreign public debt derivatives | (680,821) | (971,783) |
| Total net credit risk value | 1,978,449 | 2,568,567 |
| Effect on Shareholders' Equity | 111,268 | 105,226 |
| Remuneration on the counterparty receiving the risk | R$ (33,927) | R$ (26,462) |
| X | ||||||||||
- Definition Credit Default Swap - CDS - Effect on Shareholders' Equity No definition available.
|
| X | ||||||||||
- Definition Credit Default Swap - CDS - Remuneration on the counterparty receiving the risk No definition available.
|
| X | ||||||||||
- Definition Risk received in credit Swaps: No definition available.
|
| X | ||||||||||
- Definition Risk received in credit Swaps: - Bonds of foreign public debt No definition available.
|
| X | ||||||||||
- Definition Risk received in credit Swaps: - Bonds of the Brazilian public debt No definition available.
|
| X | ||||||||||
- Definition Risk received in credit Swaps: - Debt securities issued by companies No definition available.
|
| X | ||||||||||
- Definition Risk transferred in credit Swaps: No definition available.
|
| X | ||||||||||
- Definition Risk transferred in credit Swaps: - Brazilian public debt derivatives No definition available.
|
| X | ||||||||||
- Definition Risk transferred in credit Swaps: - Foreign public debt derivatives No definition available.
|
| X | ||||||||||
- Definition Total net credit risk value No definition available.
|
Exposure to future changes in interest rates (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Hedge instrument nominal value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of interest receipts from investments in securities | R$ 46,895,240 | R$ 12,942,667 |
| Hedge of interest payments on funding | 97,361,681 | 128,431,775 |
| Total | 144,256,921 | 141,374,442 |
| Hedge Object Accounting Value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of interest receipts from investments in securities | 47,164,744 | 13,197,717 |
| Hedge of interest payments on funding | 96,910,430 | 126,398,921 |
| Total | 144,075,174 | 139,596,638 |
| Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of interest receipts from investments in securities | (933,758) | 100,114 |
| Hedge of interest payments on funding | 215,196 | (316,082) |
| Total | (718,562) | (215,968) |
| Fair Value Accumulated Adjustments In Shareholders Equity Net Of Tax Effects [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of interest receipts from investments in securities | (513,567) | 55,063 |
| Hedge of interest payments on funding | 118,358 | (173,845) |
| Total | R$ (395,209) | R$ (118,782) |
| X | ||||||||||
- Definition Hedge of interest payments on funding No definition available.
|
| X | ||||||||||
- Definition Hedge of interest receipts from investments in securities No definition available.
|
| X | ||||||||||
- Definition Hedge of interest Total No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Exchange rate exposure risk (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Hedge instrument nominal value [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Hedge of exchange variation on future cash flows | R$ 205,592 |
| Total | 205,592 |
| Hedge Object Accounting Value [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Hedge of exchange variation on future cash flows | 205,592 |
| Total | 205,592 |
| Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Hedge of exchange variation on future cash flows | 5,592 |
| Total | 5,592 |
| Fair Value Accumulated Adjustments In Shareholders Equity Net Of Tax Effects [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Hedge of exchange variation on future cash flows | 3,076 |
| Total | R$ 3,076 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Exchange rate exposure risk 1 (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Hedge instrument nominal value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of exchange variation on future cash flows | R$ 4,658,609 | R$ 4,839,546 |
| Total | 4,658,609 | 4,839,546 |
| Hedge Object Accounting Value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of exchange variation on future cash flows | 2,800,937 | 2,570,621 |
| Total | 2,800,937 | 2,570,621 |
| Fair Value Accumulated Adjustments in shareholders' equity (gross of tax effects) [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of exchange variation on future cash flows | (839,389) | (576,303) |
| Total | (839,389) | (576,303) |
| Fair Value Accumulated Adjustments In Shareholders Equity Net Of Tax Effects [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Hedge of exchange variation on future cash flows | (440,197) | (316,967) |
| Total | R$ (440,197) | R$ (316,967) |
| X | ||||||||||
- Definition Hedge of exchange variation on future cash flows No definition available.
|
| X | ||||||||||
- Definition Hedge of exchange variation on future cash flows - Total No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The table below presents financial assets and liabilities subject to net settlement: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Gross amount | R$ 222,574,700 | R$ 217,108,353 |
| Interbank Investments [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount | 67,500,239 | 179,729,420 |
| Net amount | 67,500,239 | 179,729,420 |
| Derivative Financial Instruments Assets [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount | 22,184,725 | 24,815,393 |
| Net amount | 22,184,725 | 24,815,393 |
| Securities sold under agreements to repurchase [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount | 222,574,700 | 217,108,353 |
| Net amount | 222,574,700 | 217,108,353 |
| Derivative Financial Instruments Liabilities [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount | 14,265,283 | 18,697,682 |
| Net amount | R$ 14,265,283 | R$ 18,697,682 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The gross amount of recognised financial assets that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The gross amount of recognised financial liabilities that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement. [Refer: Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net amount of financial assets that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement, presented in the statement of financial position. [Refer: Financial assets] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The net amount of financial liabilities that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement, presented in the statement of financial position. [Refer: Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
FINANCIAL ASSETS AND LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS (Details Narrative) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Financial instruments pledged as collateral classified as "Financial assets at fair value through profit or loss" | R$ 49,991,355 | R$ 6,060,344 |
| Unrealized net gains/ (losses) included in securities and trading securities | 1,953,274 | 5,284,677 |
| Net variation in unrealized gains/ (losses) from securities and trading securities | R$ 3,331,403 | R$ 3,898,193 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Financial assets at fair value through other comprehensive income (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | R$ 155,874,887 | R$ 143,498,442 |
| Corporate debt securities | 6,135,351 | 4,894,033 |
| Bank debt securities | 6,137,649 | 6,127,305 |
| Brazilian sovereign bonds | 8,885,505 | 9,572,373 |
| Foreign governments securities | 6,659,985 | 6,508,218 |
| Mutual funds | 2,127,954 | 2,950,583 |
| Marketable equity securities and other stocks | 7,695,206 | 12,291,021 |
| Balance on | 193,516,537 | 185,841,975 |
| At cost [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 158,709,952 | 134,289,029 |
| Corporate debt securities | 6,063,483 | 4,828,945 |
| Bank debt securities | 7,566,014 | 6,637,552 |
| Brazilian sovereign bonds | 8,758,526 | 9,222,104 |
| Foreign governments securities | 6,670,843 | 6,501,034 |
| Mutual funds | 2,109,073 | 2,939,361 |
| Marketable equity securities and other stocks | 8,318,376 | 9,895,440 |
| Balance on | 198,196,267 | 174,313,465 |
| Gross Unrealized Gains [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 1,971,895 | 9,310,390 |
| Corporate debt securities | 226,766 | 162,121 |
| Bank debt securities | 531,470 | 745,867 |
| Brazilian sovereign bonds | 215,947 | 608,077 |
| Foreign governments securities | 7,184 | |
| Mutual funds | 23,146 | 14,770 |
| Marketable equity securities and other stocks | 445,925 | 2,631,980 |
| Balance on | 3,415,149 | 13,480,389 |
| Gross Unrealized Losses [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | (4,806,960) | (100,977) |
| Corporate debt securities | (154,898) | (97,033) |
| Bank debt securities | (1,959,835) | (1,256,114) |
| Brazilian sovereign bonds | (88,968) | (257,808) |
| Foreign governments securities | (10,858) | |
| Mutual funds | (4,265) | (3,548) |
| Marketable equity securities and other stocks | (1,069,095) | (236,399) |
| Balance on | R$ (8,094,879) | R$ (1,951,879) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of financial assets at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Financial assets at fair value through other comprehensive income - Maturity (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Due within one year | R$ 44,163,006 | R$ 59,892,379 |
| From 1 to 5 years | 49,467,861 | 67,388,842 |
| From 5 to 10 years | 57,653,004 | 15,784,368 |
| Over 10 years | 32,409,506 | 27,534,782 |
| No stated maturity | 9,823,160 | 15,241,604 |
| Financial assets at fair value through other comprehensive income | 193,516,537 | 185,841,975 |
| At cost [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Due within one year | 45,423,965 | 60,234,322 |
| From 1 to 5 years | 50,015,025 | 64,073,593 |
| From 5 to 10 years | 58,965,698 | 14,913,201 |
| Over 10 years | 33,364,130 | 22,257,548 |
| No stated maturity | 10,427,449 | 12,834,801 |
| Financial assets at fair value through other comprehensive income | R$ 198,196,267 | R$ 174,313,465 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of financial assets at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets; Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
Investments in equity instruments designated at fair value through other comprehensive income (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Marketable equity securities and other stocks | R$ 7,695,206 | R$ 12,291,021 |
| Total | 7,695,206 | 12,291,021 |
| Cost [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Marketable equity securities and other stocks | 8,318,376 | 9,895,440 |
| Total | 8,318,376 | 9,895,440 |
| Adjustments To Fair Value [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Marketable equity securities and other stocks | (623,170) | 2,395,581 |
| Total | R$ (623,170) | R$ 2,395,581 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Reconciliation of expected losses of financial assets at FVOCI (Details) - BRL (R$) |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| IfrsStatementLineItems [Line Items] | |||
| Expected loss of financial assets to VJORA on December 31, 2020 | R$ 393,685,000 | R$ 109,904,000 | R$ 198,462,000 |
| Transferred to Stage 1 | (306,000) | ||
| Transferred to Stage 2 | (1,088,000) | ||
| Transfer from Stage 1 | 1,088,000 | ||
| Transfer from Stage 2 | 306,000 | ||
| New assets originated or purchased/Assets settled or paid | 283,781,000 | (88,558,000) | |
| Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Expected loss of financial assets to VJORA on December 31, 2020 | 225,081,000 | 97,964,000 | 39,840,000 |
| Transferred to Stage 1 | |||
| Transferred to Stage 2 | (1,088,000) | ||
| Transfer from Stage 1 | |||
| Transfer from Stage 2 | 306,000 | ||
| New assets originated or purchased/Assets settled or paid | 127,117,000 | 58,906,000 | |
| Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Expected loss of financial assets to VJORA on December 31, 2020 | 1,931,000 | 3,176,000 | 12,699,000 |
| Transferred to Stage 1 | (306,000) | ||
| Transferred to Stage 2 | |||
| Transfer from Stage 1 | 1,088,000 | ||
| Transfer from Stage 2 | |||
| New assets originated or purchased/Assets settled or paid | (1,245,000) | (10,305,000) | |
| Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Expected loss of financial assets to VJORA on December 31, 2020 | 166,673,000 | 8,764,000 | R$ 145,923,000 |
| Transferred to Stage 1 | |||
| Transferred to Stage 2 | |||
| Transfer from Stage 1 | |||
| Transfer from Stage 2 | |||
| New assets originated or purchased/Assets settled or paid | R$ 157,909,000 | R$ (137,159,000) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (Details Narrative) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Financial Assets At Fair Value Through Other Comprehensive Income | ||
| Financial instruments pledged as collateral, classified as Financial assets at fair value through other comprehensive income | R$ 66,690,800 | R$ 35,548,882 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Loans and advances to financial institutions (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
||
|---|---|---|---|---|
| Repurchase agreements () | [1] | R$ 67,500,239 | R$ 179,729,419 | |
| Loans to financial institutions | 15,926,649 | 11,696,244 | ||
| Expected credit loss | (72) | (932) | ||
| Total | 83,426,816 | 191,424,731 | ||
| [custom:RepurchaseAgreementsInvestmentsInRepoOperationsGivenInGuarantee-0] | R$ 43,869,456 | R$ 125,241,658 | ||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of corporate loans made by the entity. [Refer: Loans to corporate entities [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Loans and advances to customers (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
||
|---|---|---|---|---|
| Loans And Advances To Customers | ||||
| Companies | R$ 293,491,411 | R$ 256,810,316 | ||
| - Financing and On-lending | 111,905,705 | 108,461,841 | ||
| - Financing and export | 46,635,544 | 51,461,844 | ||
| - Housing loans | 14,135,803 | 18,538,907 | ||
| - Onlending BNDES/Finame | 16,079,517 | 16,691,762 | ||
| - Vehicle loans | 18,927,295 | 13,589,893 | ||
| - Import | 13,055,441 | 5,696,949 | ||
| - Leases | 3,072,105 | 2,482,486 | ||
| - Borrowings | 169,606,160 | 140,384,792 | ||
| - Working capital | 101,989,937 | 91,405,458 | ||
| - Rural loans | 5,502,190 | 4,956,707 | ||
| - Other | 62,114,033 | 44,022,627 | ||
| - Limit operations () | [1] | 11,979,546 | 7,963,683 | |
| - Credit card | 5,723,165 | 3,966,504 | ||
| - Overdraft for corporates/Individuals | 6,256,381 | 3,997,179 | ||
| Individuals | 320,342,196 | 256,406,447 | ||
| - Financing and On-lending | 119,730,088 | 93,134,830 | ||
| - Housing loans | 81,712,089 | 59,064,431 | ||
| - Vehicle loans | 30,884,597 | 27,818,022 | ||
| - Onlending BNDES/Finame | 6,961,700 | 6,105,589 | ||
| - Other | 171,702 | 146,788 | ||
| - Borrowings | 142,243,997 | 118,655,689 | ||
| - Payroll-deductible loans | 84,535,206 | 69,897,126 | ||
| - Personal credit | 31,052,154 | 24,033,559 | ||
| - Rural loans | 10,348,497 | 8,419,040 | ||
| - Other | 16,308,140 | 16,305,964 | ||
| - Limit operations () | [1] | 58,368,111 | 44,615,928 | |
| - Credit card | 53,771,164 | 41,229,795 | ||
| - Overdraft for corporates/Individuals | 4,596,947 | 3,386,133 | ||
| Total portfolio | R$ 613,833,607 | R$ 513,216,763 | ||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Maximum credit risk exposure of the financial instruments - Loans and advances to customers No definition available.
|
Loans and advances to customers include the following financial lease receivables. (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Loans And Advances To Customers | ||
| Up to one year | R$ 1,196,366 | R$ 1,013,244 |
| From one to five years | 1,392,801 | 1,489,536 |
| Over five years | 694,556 | 143,658 |
| Impairment loss on finance leases | (57,535) | (70,468) |
| Total | 3,226,188 | 2,575,970 |
| Net investments in finance leases: | ||
| Up to one year | 1,174,549 | 987,530 |
| From one to five years | 1,358,550 | 1,446,058 |
| Over five years | R$ 693,089 | R$ 142,382 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The gross investment in the finance lease discounted at the interest rate implicit in the lease. Finance lease is a lease that transfers substantially all the risks and rewards incidental to ownership of an underlying asset. Gross investment in the finance lease is the sum of: (a) the lease payments receivable by a lessor under a finance lease; and (b) any unguaranteed residual value accruing to the lessor. Interest rate implicit in the lease is the rate of interest that causes the present value of (a) the lease payments and (b) the unguaranteed residual value to equal to the sum of (i) the fair value of the underlying asset and (ii) the initial direct costs of the lessor. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Reconciliation of the gross book value of loans and advances to customers (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Balance On 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | R$ 255,289,107 | R$ 217,561,123 | R$ 193,236,364 |
| - Financing | 100,155,914 | 94,231,267 | 91,632,329 |
| - Borrowings | 145,443,287 | 116,800,205 | 91,448,563 |
| - Revolving | 9,689,906 | 6,529,651 | 10,155,472 |
| Individuals | 272,635,668 | 195,239,164 | 199,384,196 |
| - Financing | 107,558,782 | 81,332,376 | 72,998,157 |
| - Borrowings | 118,573,323 | 79,213,356 | 88,176,321 |
| - Revolving | 46,503,563 | 34,693,432 | 38,209,718 |
| Total | 527,924,775 | 412,800,287 | 392,620,560 |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (3,108,964) | (2,206,226) | |
| - Financing | (908,149) | (1,266,291) | |
| - Borrowings | (1,787,523) | (543,880) | |
| - Revolving | (413,292) | (396,055) | |
| Individuals | (7,139,615) | (14,601,213) | |
| - Financing | (4,113,805) | (5,142,405) | |
| - Borrowings | (1,127,801) | (6,647,911) | |
| - Revolving | (1,898,009) | (2,810,897) | |
| Total | (10,248,579) | (16,807,439) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (980,917) | (1,490,046) | |
| - Financing | (189,983) | (1,000,667) | |
| - Borrowings | (665,168) | (294,077) | |
| - Revolving | (125,766) | (195,302) | |
| Individuals | (3,661,718) | (4,693,118) | |
| - Financing | (433,652) | (587,237) | |
| - Borrowings | (1,709,840) | (1,926,044) | |
| - Revolving | (1,518,226) | (2,179,837) | |
| Total | (4,642,635) | (6,183,164) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 1,593,772 | 330,715 | |
| - Financing | 579,002 | 99,463 | |
| - Borrowings | 868,348 | 193,710 | |
| - Revolving | 146,422 | 37,542 | |
| Individuals | 12,942,485 | 1,217,269 | |
| - Financing | 2,878,902 | 492,025 | |
| - Borrowings | 8,315,591 | 456,863 | |
| - Revolving | 1,747,992 | 268,381 | |
| Total | 14,536,257 | 1,547,984 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 199,175 | 67,187 | |
| - Financing | 24,113 | 41,167 | |
| - Borrowings | 165,127 | 21,172 | |
| - Revolving | 9,935 | 4,848 | |
| Individuals | 863,078 | 580,355 | |
| - Financing | 73,321 | 25,325 | |
| - Borrowings | 618,100 | 13,417 | |
| - Revolving | 171,657 | 541,613 | |
| Total | 1,062,253 | 647,542 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Accumulated Amortization [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (23,949,966) | (9,770,601) | |
| - Financing | (11,279,214) | (4,828,945) | |
| - Borrowings | (12,670,752) | (4,941,656) | |
| - Revolving | |||
| Individuals | (10,699,421) | (14,887,045) | |
| - Financing | (8,326,024) | (8,377,986) | |
| - Borrowings | (2,373,397) | (6,509,059) | |
| - Revolving | |||
| Total | (34,649,387) | (24,657,646) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 168,208,771 | 149,850,120 | |
| - Financing | 57,000,287 | 48,408,504 | |
| - Borrowings | 107,605,738 | 99,438,789 | |
| - Revolving | 3,602,746 | 2,002,827 | |
| Individuals | 142,922,899 | 105,059,308 | |
| - Financing | 51,195,741 | 41,562,050 | |
| - Borrowings | 79,553,749 | 55,442,719 | |
| - Revolving | 12,173,409 | 8,054,539 | |
| Total | 311,131,670 | 254,909,428 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (104,233,887) | (112,456,390) | |
| - Financing | (39,301,409) | (38,854,293) | |
| - Borrowings | (64,872,688) | (68,522,416) | |
| - Revolving | (59,790) | (5,079,681) | |
| Individuals | (57,831,204) | (76,820,588) | |
| - Financing | (15,048,077) | (19,637,553) | |
| - Borrowings | (43,916,435) | (49,792,950) | |
| - Revolving | 1,133,308 | (7,390,085) | |
| Total | (162,065,091) | (189,276,978) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Individuals | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Total | |||
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (594,262) | (1,385,968) | |
| - Financing | (258,817) | (693,154) | |
| - Borrowings | (282,480) | (630,399) | |
| - Revolving | (52,965) | (62,415) | |
| Individuals | (2,313,732) | (2,071,615) | |
| - Financing | (752,245) | (220,419) | |
| - Borrowings | (978,590) | (1,161,812) | |
| - Revolving | (582,897) | (689,384) | |
| Total | (2,907,994) | (3,457,583) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 505,019 | 77,803 | |
| - Financing | 19,994 | 57,520 | |
| - Borrowings | 452,273 | 17,128 | |
| - Revolving | 32,752 | 3,155 | |
| Individuals | 1,463,999 | 794,308 | |
| - Financing | 208,332 | 140,369 | |
| - Borrowings | 969,332 | 62,719 | |
| - Revolving | 286,335 | 591,220 | |
| Total | 1,969,018 | 872,111 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Accumulated Amortization [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (719,581) | (2,378,718) | |
| - Financing | (841,508) | (1,380,199) | |
| - Borrowings | 121,927 | (998,519) | |
| - Revolving | |||
| Individuals | (8,310,115) | (12,773,924) | |
| - Financing | (294,587) | (5,444,290) | |
| - Borrowings | (8,015,528) | (7,329,634) | |
| - Revolving | |||
| Total | (9,029,696) | (15,152,642) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 6,266,004 | 8,504,101 | |
| - Financing | 989,891 | 2,906,774 | |
| - Borrowings | 4,596,735 | 5,352,796 | |
| - Revolving | 679,378 | 244,531 | |
| Individuals | 8,960,243 | 29,573,277 | |
| - Financing | 3,036,579 | 8,404,759 | |
| - Borrowings | 4,144,977 | 20,588,030 | |
| - Revolving | 1,778,687 | 580,488 | |
| Total | 15,226,247 | 38,077,378 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (6,813,101) | (5,838,387) | |
| - Financing | (1,655,141) | (911,790) | |
| - Borrowings | (5,055,570) | (4,519,348) | |
| - Revolving | (102,390) | (407,249) | |
| Individuals | (8,945,309) | (10,477,173) | |
| - Financing | (3,609,218) | (1,442,111) | |
| - Borrowings | (4,983,727) | (7,587,442) | |
| - Revolving | (352,364) | (1,447,620) | |
| Total | (15,758,410) | (16,315,560) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Individuals | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Total | |||
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Balance On 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 14,119,637 | 13,960,366 | 13,106,024 |
| - Financing | 5,461,897 | 6,878,331 | 5,732,352 |
| - Borrowings | 7,082,040 | 6,329,980 | 6,758,152 |
| - Revolving | 1,575,700 | 752,055 | 615,520 |
| Individuals | 23,075,748 | 38,023,532 | 19,594,715 |
| - Financing | 10,479,754 | 10,655,990 | 4,567,302 |
| - Borrowings | 6,731,162 | 22,782,488 | 12,019,579 |
| - Revolving | 5,864,832 | 4,585,054 | 3,007,834 |
| Total | 37,195,385 | 51,983,898 | 32,700,739 |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (1,593,772) | (330,715) | |
| - Financing | (579,002) | (99,463) | |
| - Borrowings | (868,348) | (193,710) | |
| - Revolving | (146,422) | (37,542) | |
| Individuals | (12,942,485) | (1,217,269) | |
| - Financing | (2,878,902) | (492,025) | |
| - Borrowings | (8,315,591) | (456,863) | |
| - Revolving | (1,747,992) | (268,381) | |
| Total | (14,536,257) | (1,547,984) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 3,108,964 | 2,206,226 | |
| - Financing | 908,149 | 1,266,291 | |
| - Borrowings | 1,787,523 | 543,880 | |
| - Revolving | 413,292 | 396,055 | |
| Individuals | 7,139,615 | 14,601,213 | |
| - Financing | 4,113,805 | 5,142,405 | |
| - Borrowings | 1,127,801 | 6,647,911 | |
| - Revolving | 1,898,009 | 2,810,897 | |
| Total | 10,248,579 | 16,807,439 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (505,019) | (77,803) | |
| - Financing | (19,994) | (57,520) | |
| - Borrowings | (452,273) | (17,128) | |
| - Revolving | (32,752) | (3,155) | |
| Individuals | (1,463,999) | (794,308) | |
| - Financing | (208,332) | (140,369) | |
| - Borrowings | (969,332) | (62,719) | |
| - Revolving | (286,335) | (591,220) | |
| Total | (1,969,018) | (872,111) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 594,262 | 1,385,968 | |
| - Financing | 258,817 | 693,154 | |
| - Borrowings | 282,480 | 630,399 | |
| - Revolving | 52,965 | 62,415 | |
| Individuals | 2,313,732 | 2,071,615 | |
| - Financing | 752,245 | 220,419 | |
| - Borrowings | 978,590 | 1,161,812 | |
| - Revolving | 582,897 | 689,384 | |
| Total | 2,907,994 | 3,457,583 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Accumulated Amortization [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 244,809 | (2,680,887) | |
| - Financing | 503,893 | (1,211,218) | |
| - Borrowings | (259,084) | (1,469,669) | |
| - Revolving | |||
| Individuals | 1,311,072 | (3,953,496) | |
| - Financing | 827,384 | (813,396) | |
| - Borrowings | 483,688 | (3,140,100) | |
| - Revolving | |||
| Total | 1,555,881 | (6,634,383) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 10,389,522 | 14,626,196 | |
| - Financing | 911,654 | 2,056,572 | |
| - Borrowings | 9,242,876 | 12,159,563 | |
| - Revolving | 234,992 | 410,061 | |
| Individuals | 13,739,385 | 19,547,102 | |
| - Financing | 394,249 | 1,085,403 | |
| - Borrowings | 11,892,438 | 16,349,733 | |
| - Revolving | 1,452,698 | 2,111,966 | |
| Total | 24,128,907 | 34,173,298 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (7,900,553) | (4,801,095) | |
| - Financing | (2,267,756) | (584,841) | |
| - Borrowings | (5,788,533) | (3,896,608) | |
| - Revolving | 155,736 | (319,646) | |
| Individuals | (7,098,812) | 2,528,559 | |
| - Financing | (1,165,852) | (376,824) | |
| - Borrowings | (7,168,430) | 1,491,101 | |
| - Revolving | 1,235,470 | 1,414,282 | |
| Total | (14,999,365) | (2,272,536) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (4,810,923) | (5,220,409) | |
| - Financing | (616,833) | (1,277,104) | |
| - Borrowings | (3,699,282) | (3,546,037) | |
| - Revolving | (494,808) | (397,268) | |
| Individuals | (10,112,989) | (11,805,562) | |
| - Financing | (414,940) | (440,486) | |
| - Borrowings | (6,029,025) | (6,284,128) | |
| - Revolving | (3,669,024) | (5,080,948) | |
| Total | (14,923,912) | (17,025,971) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer To Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (199,175) | (67,187) | |
| - Financing | (24,113) | (41,167) | |
| - Borrowings | (165,127) | (21,172) | |
| - Revolving | (9,935) | (4,848) | |
| Individuals | (863,078) | (580,355) | |
| - Financing | (73,321) | (25,325) | |
| - Borrowings | (618,100) | (13,417) | |
| - Revolving | (171,657) | (541,613) | |
| Total | (1,062,253) | (647,542) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Transfer From Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 980,917 | 1,490,046 | |
| - Financing | 189,983 | 1,000,667 | |
| - Borrowings | 665,168 | 294,077 | |
| - Revolving | 125,766 | 195,302 | |
| Individuals | 3,661,718 | 4,693,118 | |
| - Financing | 433,652 | 587,237 | |
| - Borrowings | 1,709,840 | 1,926,044 | |
| - Revolving | 1,518,226 | 2,179,837 | |
| Total | 4,642,635 | 6,183,164 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Balance On 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 24,082,667 | 25,288,827 | 20,633,998 |
| - Financing | 6,287,894 | 7,352,243 | 6,773,700 |
| - Borrowings | 17,080,832 | 17,254,607 | 13,121,182 |
| - Revolving | 713,941 | 681,977 | 739,116 |
| Individuals | 24,630,780 | 23,143,751 | 11,437,078 |
| - Financing | 1,691,549 | 1,146,464 | 1,049,805 |
| - Borrowings | 16,939,514 | 16,659,845 | 5,231,519 |
| - Revolving | 5,999,717 | 5,337,442 | 5,155,754 |
| Total | 48,713,447 | 48,432,578 | 32,071,076 |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Balance On 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 293,491,411 | 256,810,316 | 226,976,386 |
| - Financing | 111,905,705 | 108,461,841 | 104,138,381 |
| - Borrowings | 169,606,159 | 140,384,792 | 111,327,897 |
| - Revolving | 11,979,547 | 7,963,683 | 11,510,108 |
| Individuals | 320,342,196 | 256,406,447 | 230,415,989 |
| - Financing | 119,730,085 | 93,134,830 | 78,615,264 |
| - Borrowings | 142,243,999 | 118,655,689 | 105,427,419 |
| - Revolving | 58,368,112 | 44,615,928 | 46,373,306 |
| Total | 613,833,607 | 513,216,763 | R$ 457,392,375 |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Accumulated Amortization [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (24,424,738) | (14,830,206) | |
| - Financing | (11,616,829) | (7,420,362) | |
| - Borrowings | (12,807,909) | (7,409,844) | |
| - Revolving | |||
| Individuals | (17,698,464) | (31,614,465) | |
| - Financing | (7,793,227) | (14,635,672) | |
| - Borrowings | (9,905,237) | (16,978,793) | |
| - Revolving | |||
| Total | (42,123,202) | (46,444,671) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 184,864,297 | 172,980,417 | |
| - Financing | 58,901,832 | 53,371,850 | |
| - Borrowings | 121,445,349 | 116,951,148 | |
| - Revolving | 4,517,116 | 2,657,419 | |
| Individuals | 165,622,527 | 154,179,687 | |
| - Financing | 54,626,569 | 51,052,212 | |
| - Borrowings | 95,591,164 | 92,380,482 | |
| - Revolving | 15,404,794 | 10,746,993 | |
| Total | 350,486,824 | 327,160,104 | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (118,947,541) | (123,095,872) | |
| - Financing | (43,224,306) | (40,350,924) | |
| - Borrowings | (75,716,791) | (76,938,372) | |
| - Revolving | (6,444) | (5,806,576) | |
| Individuals | (73,875,325) | (84,769,202) | |
| - Financing | (19,823,147) | (21,456,488) | |
| - Borrowings | (56,068,592) | (55,889,291) | |
| - Revolving | 2,016,414 | (7,423,423) | |
| Total | (192,822,866) | (207,865,074) | |
| Reconciliation Of The Gross Book Value Of Loans And Advances To Clients Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Clients Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (4,810,923) | (5,220,409) | |
| - Financing | (616,833) | (1,277,104) | |
| - Borrowings | (3,699,282) | (3,546,037) | |
| - Revolving | (494,808) | (397,268) | |
| Individuals | (10,112,989) | (11,805,562) | |
| - Financing | (414,940) | (440,486) | |
| - Borrowings | (6,029,025) | (6,284,128) | |
| - Revolving | (3,669,024) | (5,080,948) | |
| Total | R$ (14,923,912) | R$ (17,025,971) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Reconciliation of expected losses from loans and advances to customers (Details) - BRL (R$) |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Balance On 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | R$ 4,556,820,000 | R$ 4,657,940,000 | R$ 5,248,063,000 |
| - Financing | 1,522,532,000 | 1,434,546,000 | 1,705,068,000 |
| - Borrowings | 2,488,160,000 | 2,748,583,000 | 3,176,569,000 |
| - Revolving | 546,128,000 | 474,811,000 | 366,426,000 |
| Individuals | 8,406,156,000 | 6,263,052,000 | 7,818,574,000 |
| - Financing | 937,824,000 | 763,932,000 | 939,390,000 |
| - Borrowings | 3,369,295,000 | 2,077,714,000 | 2,253,045,000 |
| - Revolving | 4,099,037,000 | 3,421,406,000 | 4,626,139,000 |
| Total (1) | 12,962,976,000 | 10,920,992,000 | 13,066,637,000 |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (157,782,000) | (123,246,000) | |
| - Financing | (21,869,000) | (49,907,000) | |
| - Borrowings | (103,659,000) | (53,547,000) | |
| - Revolving | (32,254,000) | (19,792,000) | |
| Individuals | (337,964,000) | (697,750,000) | |
| - Financing | (82,314,000) | (119,136,000) | |
| - Borrowings | (80,969,000) | (210,380,000) | |
| - Revolving | (174,681,000) | (368,234,000) | |
| Total (1) | (495,746,000) | (820,996,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (54,858,000) | (75,367,000) | |
| - Financing | (5,663,000) | (27,696,000) | |
| - Borrowings | (39,773,000) | (37,344,000) | |
| - Revolving | (9,422,000) | (10,327,000) | |
| Individuals | (229,070,000) | (395,724,000) | |
| - Financing | (14,406,000) | (18,889,000) | |
| - Borrowings | (79,133,000) | (79,140,000) | |
| - Revolving | (135,531,000) | (297,695,000) | |
| Total (1) | (283,928,000) | (471,091,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 192,483,000 | 60,005,000 | |
| - Financing | 90,143,000 | 16,574,000 | |
| - Borrowings | 88,400,000 | 39,733,000 | |
| - Revolving | 13,940,000 | 3,698,000 | |
| Individuals | 1,413,258,000 | 131,913,000 | |
| - Financing | 585,259,000 | 63,780,000 | |
| - Borrowings | 646,839,000 | 28,887,000 | |
| - Revolving | 181,160,000 | 39,246,000 | |
| Total (1) | 1,605,741,000 | 191,918,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 124,467,000 | 61,068,000 | |
| - Financing | 16,105,000 | 31,255,000 | |
| - Borrowings | 87,702,000 | 22,403,000 | |
| - Revolving | 20,660,000 | 7,410,000 | |
| Individuals | 531,607,000 | 735,688,000 | |
| - Financing | 37,863,000 | 9,837,000 | |
| - Borrowings | 274,566,000 | 8,422,000 | |
| - Revolving | 219,178,000 | 717,429,000 | |
| Total (1) | 656,074,000 | 796,756,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Remeasurement [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (1,142,215,000) | (903,698,000) | |
| - Financing | (133,108,000) | (333,242,000) | |
| - Borrowings | (1,009,107,000) | (570,456,000) | |
| - Revolving | |||
| Individuals | (338,961,000) | (528,786,000) | |
| - Financing | (252,016,000) | (269,484,000) | |
| - Borrowings | (86,945,000) | (259,302,000) | |
| - Revolving | |||
| Total (1) | (1,481,176,000) | (1,432,484,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 2,738,532,000 | 3,371,617,000 | |
| - Financing | 615,002,000 | 658,126,000 | |
| - Borrowings | 1,952,341,000 | 2,410,885,000 | |
| - Revolving | 171,189,000 | 302,606,000 | |
| Individuals | 4,231,021,000 | 1,675,794,000 | |
| - Financing | 625,515,000 | 497,334,000 | |
| - Borrowings | 2,546,460,000 | 1,653,102,000 | |
| - Revolving | 1,059,046,000 | (474,642,000) | |
| Total (1) | 6,969,553,000 | 5,047,411,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (1,801,747,000) | (2,980,502,000) | |
| - Financing | (472,624,000) | (565,632,000) | |
| - Borrowings | (1,236,327,000) | (2,239,660,000) | |
| - Revolving | (92,796,000) | (175,210,000) | |
| Individuals | (3,126,787,000) | (2,476,657,000) | |
| - Financing | (726,009,000) | (338,900,000) | |
| - Borrowings | (1,929,237,000) | (1,316,920,000) | |
| - Revolving | (471,541,000) | (820,837,000) | |
| Total (1) | (4,928,534,000) | (5,457,159,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 1 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Individuals | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Total (1) | |||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (97,676,000) | (265,984,000) | |
| - Financing | (40,825,000) | (37,785,000) | |
| - Borrowings | (46,682,000) | (221,113,000) | |
| - Revolving | (10,169,000) | (7,086,000) | |
| Individuals | (698,784,000) | (421,879,000) | |
| - Financing | (374,649,000) | (29,919,000) | |
| - Borrowings | (213,992,000) | (246,523,000) | |
| - Revolving | (110,143,000) | (145,437,000) | |
| Total (1) | (796,460,000) | (687,863,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 299,254,000 | 38,907,000 | |
| - Financing | 11,304,000 | 17,910,000 | |
| - Borrowings | 262,790,000 | 15,372,000 | |
| - Revolving | 25,160,000 | 5,625,000 | |
| Individuals | 606,956,000 | 538,366,000 | |
| - Financing | 118,412,000 | 62,383,000 | |
| - Borrowings | 307,151,000 | 36,954,000 | |
| - Revolving | 181,393,000 | 439,029,000 | |
| Total (1) | 906,210,000 | 577,273,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Remeasurement [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (132,762,000) | (204,168,000) | |
| - Financing | (118,985,000) | (16,975,000) | |
| - Borrowings | (13,777,000) | (187,193,000) | |
| - Revolving | |||
| Individuals | (1,945,420,000) | 15,143,000 | |
| - Financing | (1,505,518,000) | 400,501,000 | |
| - Borrowings | (439,902,000) | (385,358,000) | |
| - Revolving | |||
| Total (1) | (2,078,182,000) | (189,025,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 864,510,000 | 1,255,949,000 | |
| - Financing | 111,867,000 | 346,847,000 | |
| - Borrowings | 672,728,000 | 840,047,000 | |
| - Revolving | 79,915,000 | 69,055,000 | |
| Individuals | 2,594,789,000 | 4,766,938,000 | |
| - Financing | 455,748,000 | 2,185,389,000 | |
| - Borrowings | 1,703,515,000 | 2,714,098,000 | |
| - Revolving | 435,526,000 | (132,549,000) | |
| Total (1) | 3,459,299,000 | 6,022,887,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (974,576,000) | (1,232,383,000) | |
| - Financing | (87,265,000) | (60,772,000) | |
| - Borrowings | (854,447,000) | (1,133,519,000) | |
| - Revolving | (32,864,000) | (38,092,000) | |
| Individuals | (1,305,524,000) | (1,414,664,000) | |
| - Financing | 56,413,000 | (172,335,000) | |
| - Borrowings | (1,360,459,000) | (1,009,214,000) | |
| - Revolving | (1,478,000) | (233,115,000) | |
| Total (1) | (2,280,100,000) | (2,647,047,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Individuals | |||
| - Financing | |||
| - Borrowings | |||
| - Revolving | |||
| Total (1) | |||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Balance On 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 1,469,716,000 | 1,545,667,000 | 1,890,105,000 |
| - Financing | 307,316,000 | 499,494,000 | 216,936,000 |
| - Borrowings | 973,523,000 | 937,652,000 | 1,610,244,000 |
| - Revolving | 188,877,000 | 108,521,000 | 62,925,000 |
| Individuals | 4,971,646,000 | 6,794,923,000 | 2,745,182,000 |
| - Financing | 1,352,248,000 | 3,104,787,000 | 603,412,000 |
| - Borrowings | 2,369,866,000 | 2,939,423,000 | 1,647,973,000 |
| - Revolving | 1,249,532,000 | 750,713,000 | 493,797,000 |
| Total (1) | 6,441,362,000 | 8,340,590,000 | 4,635,287,000 |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (192,483,000) | (60,005,000) | |
| - Financing | (90,143,000) | (16,574,000) | |
| - Borrowings | (88,400,000) | (39,733,000) | |
| - Revolving | (13,940,000) | (3,698,000) | |
| Individuals | (1,413,258,000) | (131,913,000) | |
| - Financing | (585,259,000) | (63,780,000) | |
| - Borrowings | (646,839,000) | (28,887,000) | |
| - Revolving | (181,160,000) | (39,246,000) | |
| Total (1) | (1,605,741,000) | (191,918,000) | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 2 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 157,782,000 | 123,246,000 | |
| - Financing | 21,869,000 | 49,907,000 | |
| - Borrowings | 103,659,000 | 53,547,000 | |
| - Revolving | 32,254,000 | 19,792,000 | |
| Individuals | 337,964,000 | 697,750,000 | |
| - Financing | 82,314,000 | 119,136,000 | |
| - Borrowings | 80,969,000 | 210,380,000 | |
| - Revolving | 174,681,000 | 368,234,000 | |
| Total (1) | 495,746,000 | 820,996,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (299,254,000) | (38,907,000) | |
| - Financing | (11,304,000) | (17,910,000) | |
| - Borrowings | (262,790,000) | (15,372,000) | |
| - Revolving | (25,160,000) | ||
| Individuals | (606,956,000) | (538,366,000) | |
| - Financing | (118,412,000) | ||
| - Borrowings | (307,151,000) | (36,954,000) | |
| - Revolving | (181,393,000) | (439,029,000) | |
| Total (1) | (906,210,000) | (577,273,000) | |
| - Revolving | (5,625,000) | ||
| - Financing | (62,383,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 97,676,000 | 265,984,000 | |
| - Financing | 40,825,000 | 37,785,000 | |
| - Borrowings | 46,682,000 | 221,113,000 | |
| - Revolving | 10,169,000 | ||
| Individuals | 698,784,000 | 421,879,000 | |
| - Financing | 374,649,000 | ||
| - Borrowings | 213,992,000 | 246,523,000 | |
| - Revolving | 110,143,000 | 145,437,000 | |
| Total (1) | 796,460,000 | 687,863,000 | |
| - Revolving | 7,086,000 | ||
| - Financing | 29,919,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Remeasurement [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 787,993,000 | 298,005,000 | |
| - Financing | 296,523,000 | 970,922,000 | |
| - Borrowings | 491,470,000 | (672,917,000) | |
| - Revolving | |||
| Individuals | 2,051,282,000 | (405,497,000) | |
| - Financing | 542,473,000 | ||
| - Borrowings | 1,508,809,000 | (359,507,000) | |
| - Revolving | |||
| Total (1) | 2,839,275,000 | (107,492,000) | |
| - Revolving | |||
| - Financing | (45,990,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 4,968,963,000 | 8,314,816,000 | |
| - Financing | 500,950,000 | 1,224,427,000 | |
| - Borrowings | 4,340,731,000 | 6,627,728,000 | |
| - Revolving | 127,282,000 | ||
| Individuals | 6,487,763,000 | 11,224,590,000 | |
| - Financing | 212,563,000 | ||
| - Borrowings | 5,493,605,000 | 7,443,890,000 | |
| - Revolving | 781,595,000 | 3,191,095,000 | |
| Total (1) | 11,456,726,000 | 19,539,406,000 | |
| - Revolving | 462,661,000 | ||
| - Financing | 589,605,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (1,924,989,000) | (1,566,331,000) | |
| - Financing | (950,600,000) | 123,928,000 | |
| - Borrowings | (1,357,113,000) | (1,561,378,000) | |
| - Revolving | 382,724,000 | ||
| Individuals | 3,316,731,000 | 5,421,072,000 | |
| - Financing | (183,567,000) | ||
| - Borrowings | 563,708,000 | 2,829,081,000 | |
| - Revolving | 2,936,590,000 | 2,575,869,000 | |
| Total (1) | 1,391,742,000 | 3,854,741,000 | |
| - Revolving | (128,881,000) | ||
| - Financing | 16,122,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (4,810,923,000) | (5,220,409,000) | |
| - Financing | (616,833,000) | (1,277,104,000) | |
| - Borrowings | (3,699,282,000) | (3,546,037,000) | |
| - Revolving | (494,808,000) | ||
| Individuals | (10,112,989,000) | (11,805,562,000) | |
| - Financing | (414,940,000) | ||
| - Borrowings | (6,029,025,000) | (6,284,128,000) | |
| - Revolving | (3,669,024,000) | (5,080,948,000) | |
| Total (1) | (14,923,912,000) | (17,025,971,000) | |
| - Revolving | (397,268,000) | ||
| - Financing | (440,486,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer To Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (124,467,000) | (61,068,000) | |
| - Financing | (16,105,000) | (31,255,000) | |
| - Borrowings | (87,702,000) | (22,403,000) | |
| - Revolving | (20,660,000) | ||
| Individuals | (531,607,000) | (735,688,000) | |
| - Financing | (37,863,000) | ||
| - Borrowings | (274,566,000) | (8,422,000) | |
| - Revolving | (219,178,000) | (717,429,000) | |
| Total (1) | (656,074,000) | (796,756,000) | |
| - Revolving | (7,410,000) | ||
| - Financing | (9,837,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Transfer From Stage 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 54,858,000 | 75,367,000 | |
| - Financing | 5,663,000 | 27,696,000 | |
| - Borrowings | 39,773,000 | 37,344,000 | |
| - Revolving | 9,422,000 | ||
| Individuals | 229,070,000 | 395,724,000 | |
| - Financing | 14,406,000 | ||
| - Borrowings | 79,133,000 | 79,140,000 | |
| - Revolving | 135,531,000 | 297,695,000 | |
| Total (1) | 283,928,000 | 471,091,000 | |
| - Revolving | 10,327,000 | ||
| - Financing | 18,889,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Stages Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Balance On 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 13,066,238,000 | 14,316,381,000 | 12,248,924,000 |
| - Financing | 3,304,316,000 | 4,055,197,000 | 2,996,708,000 |
| - Borrowings | 9,280,084,000 | 9,768,315,000 | 8,700,237,000 |
| - Revolving | 481,838,000 | 492,869,000 | |
| Individuals | 13,711,766,000 | 12,179,688,000 | 8,201,536,000 |
| - Financing | 1,015,270,000 | 625,961,000 | |
| - Borrowings | 8,891,678,000 | 7,643,173,000 | 3,733,550,000 |
| - Revolving | 3,804,818,000 | 3,910,554,000 | 3,937,864,000 |
| Total (1) | 26,778,004,000 | 26,496,069,000 | 20,450,460,000 |
| - Revolving | 492,869,000 | 551,979,000 | |
| - Financing | 625,961,000 | 530,122,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Balance On 1 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 19,092,774,000 | 20,519,988,000 | |
| - Financing | 5,134,164,000 | 5,989,237,000 | |
| - Borrowings | 12,741,767,000 | 13,454,550,000 | |
| - Revolving | 1,216,843,000 | 1,076,201,000 | |
| Individuals | 27,089,568,000 | 25,237,663,000 | |
| - Financing | 3,305,342,000 | 4,494,680,000 | |
| - Borrowings | 14,630,839,000 | 12,660,310,000 | |
| - Revolving | 9,153,387,000 | 8,082,673,000 | |
| Total (1) | 46,182,342,000 | 45,757,651,000 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Remeasurement [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (486,984,000) | (809,861,000) | |
| - Financing | 44,430,000 | 620,705,000 | |
| - Borrowings | (531,414,000) | (1,430,566,000) | |
| - Revolving | |||
| Individuals | (233,099,000) | (919,140,000) | |
| - Financing | (1,215,061,000) | ||
| - Borrowings | 981,962,000 | (1,004,167,000) | |
| - Revolving | |||
| Total (1) | (720,083,000) | (1,729,001,000) | |
| - Revolving | |||
| - Financing | 85,027,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Originated [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 8,572,005,000 | 12,942,382,000 | |
| - Financing | 1,227,819,000 | 2,229,400,000 | |
| - Borrowings | 6,965,800,000 | 9,878,660,000 | |
| - Revolving | 378,386,000 | ||
| Individuals | 13,313,573,000 | 17,667,322,000 | |
| - Financing | 1,293,826,000 | ||
| - Borrowings | 9,743,580,000 | 11,811,090,000 | |
| - Revolving | 2,276,167,000 | 2,583,904,000 | |
| Total (1) | 21,885,578,000 | 30,609,704,000 | |
| - Revolving | 834,322,000 | ||
| - Financing | 3,272,328,000 | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Constitution [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (4,701,312,000) | (5,779,216,000) | |
| - Financing | (1,510,489,000) | (502,476,000) | |
| - Borrowings | (3,447,887,000) | (4,934,557,000) | |
| - Revolving | 257,064,000 | ||
| Individuals | (1,115,580,000) | 1,529,751,000 | |
| - Financing | (853,163,000) | ||
| - Borrowings | (2,725,988,000) | 502,947,000 | |
| - Revolving | 2,463,571,000 | 1,521,917,000 | |
| Total (1) | (5,816,892,000) | (4,249,465,000) | |
| - Revolving | (342,183,000) | ||
| - Financing | (495,113,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Write Off [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | (4,810,923,000) | (5,220,409,000) | |
| - Financing | (616,833,000) | (1,277,104,000) | |
| - Borrowings | (3,699,282,000) | (3,546,037,000) | |
| - Revolving | (494,808,000) | ||
| Individuals | (10,112,989,000) | (11,805,562,000) | |
| - Financing | (414,940,000) | ||
| - Borrowings | (6,029,025,000) | (6,284,128,000) | |
| - Revolving | (3,669,024,000) | (5,080,948,000) | |
| Total (1) | R$ (14,923,912,000) | (17,025,971,000) | |
| - Revolving | (397,268,000) | ||
| - Financing | (440,486,000) | ||
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | Reconciliation Of Expected Losses From Loans And Advances To Customers Balance On 2 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Companies | 20,519,988,000 | 19,387,092,000 | |
| - Financing | 5,989,237,000 | 4,918,712,000 | |
| - Borrowings | 13,454,550,000 | 13,487,050,000 | |
| Individuals | 25,237,663,000 | 18,765,292,000 | |
| - Borrowings | 12,660,310,000 | 7,634,568,000 | |
| - Revolving | 8,082,673,000 | 9,057,800,000 | |
| Total (1) | 45,757,651,000 | 38,152,384,000 | |
| - Revolving | 1,076,201,000 | 981,330,000 | |
| - Financing | R$ 4,494,680,000 | R$ 2,072,924,000 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
In order to determine possible oscillations of expected loss arising from the economic projections, simulations were made by changing the weighting of the scenarios used in the calculation of the expected loss. In the table below, we show the probabilitie (Details) R$ in Thousands, Pure in Thousands |
Dec. 31, 2021
BRL (R$)
|
|---|---|
| Sensitivity Analysis Simulation 1 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Weighting | 100.00% |
| Constitution/ (Reversal) | R$ (1,054,052) |
| Sensitivity Analysis Simulation 2 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Weighting | 100.00% |
| Constitution/ (Reversal) | R$ (2,297,413) |
| Sensitivity Analysis Simulation 3 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Weighting | 100.00% |
| Constitution/ (Reversal) | R$ 1,052,602 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Expected loss on loans and advances (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Loans And Advances To Customers | |||
| Amount recorded | R$ 15,348,603 | R$ 24,631,238 | R$ 20,441,029 |
| Amount recovered | (5,990,369) | (5,919,397) | (7,908,896) |
| Expected loss on loans and advances | R$ 9,358,234 | R$ 18,711,841 | R$ 12,532,133 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
The following table shows changes made and our analysis of our portfolio of renegotiated loans and advances to customers: (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Loans And Advances To Customers | ||
| Opening balance | R$ 29,757,140 | R$ 19,030,657 |
| Additional renegotiated amounts, including interest | 28,506,866 | 34,683,660 |
| Payments received | (24,768,774) | (19,448,835) |
| Write-offs | (4,876,214) | (4,508,342) |
| Closing balance | 28,619,018 | 29,757,140 |
| Expected loss on loans and advances | (10,983,519) | (10,659,899) |
| Total renegotiated loans and advances to customers, net of impairment at the end of the year | R$ 17,635,499 | R$ 19,097,241 |
| Impairment on renegotiated loans and advances as a percentage of the renegotiated portfolio | 38.40% | 35.80% |
| Total renegotiated loans and advances as a percentage of the total loan portfolio | 4.70% | 5.80% |
| Total renegotiated loans and advances as a percentage of the total loan portfolio, net of impairment | 5.00% | 3.70% |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Bonds and securities at amortized (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | R$ 80,031,435 | R$ 98,672,122 |
| Corporate debt securities | 99,369,181 | 85,334,763 |
| Balance on | 179,400,616 | 184,006,885 |
| At cost [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 79,521,578 | 91,884,693 |
| Corporate debt securities | 99,297,697 | 87,739,201 |
| Balance on | 178,819,275 | 179,623,894 |
| Gross Unrealized Gains [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | 3,703,783 | 6,795,851 |
| Corporate debt securities | 992,753 | 291,387 |
| Balance on | 4,696,536 | 7,087,238 |
| Gross Unrealized Losses [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Brazilian government securities | (3,193,926) | (8,422) |
| Corporate debt securities | (921,269) | (2,695,825) |
| Balance on | R$ (4,115,195) | R$ (2,704,247) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Reconciliation of expected losses of financial assets at amortized cost: (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| IfrsStatementLineItems [Line Items] | ||
| Expected loss of financial assets at amortized cost as of December 31, 2020 | R$ 5,555,469 | R$ 4,633,477 |
| Transferred to Stage 1 | (15,435) | (69,057) |
| Transferred to Stage 2 | (2,037) | (34,918) |
| Transferred to Stage 3 | (181) | (106,236) |
| Transfer from Stage 1 | 2,146 | 61,283 |
| Transfer from Stage 2 | 14,339 | 148,928 |
| Transfer from Stage 3 | 1,168 | |
| Assets originated or purchased/Assets settled/Reversal | 921,992 | |
| New assets originated or purchased/Assets settled or paid | (27,806) | |
| Expected loss of financial assets at amortized cost on December 31, 2021 | 5,527,663 | 5,555,469 |
| Stage 1 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Expected loss of financial assets at amortized cost as of December 31, 2020 | 295,428 | 299,342 |
| Transferred to Stage 1 | ||
| Transferred to Stage 2 | (2,037) | (34,918) |
| Transferred to Stage 3 | (109) | (26,365) |
| Transfer from Stage 1 | ||
| Transfer from Stage 2 | 14,267 | 69,057 |
| Transfer from Stage 3 | 1,168 | |
| Assets originated or purchased/Assets settled/Reversal | (11,688) | |
| New assets originated or purchased/Assets settled or paid | 185,206 | |
| Expected loss of financial assets at amortized cost on December 31, 2021 | 493,923 | 295,428 |
| Stage 2 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Expected loss of financial assets at amortized cost as of December 31, 2020 | 1,123,019 | 692,338 |
| Transferred to Stage 1 | (14,267) | (69,057) |
| Transferred to Stage 2 | ||
| Transferred to Stage 3 | (72) | (79,871) |
| Transfer from Stage 1 | 2,037 | 34,918 |
| Transfer from Stage 2 | ||
| Transfer from Stage 3 | ||
| Assets originated or purchased/Assets settled/Reversal | 544,691 | |
| New assets originated or purchased/Assets settled or paid | (335,883) | |
| Expected loss of financial assets at amortized cost on December 31, 2021 | 774,834 | 1,123,019 |
| Stage 3 [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Expected loss of financial assets at amortized cost as of December 31, 2020 | 4,137,022 | 3,641,797 |
| Transferred to Stage 1 | (1,168) | |
| Transferred to Stage 2 | ||
| Transferred to Stage 3 | ||
| Transfer from Stage 1 | 109 | 26,365 |
| Transfer from Stage 2 | 72 | 79,871 |
| Transfer from Stage 3 | ||
| Assets originated or purchased/Assets settled/Reversal | 388,989 | |
| New assets originated or purchased/Assets settled or paid | 122,871 | |
| Expected loss of financial assets at amortized cost on December 31, 2021 | R$ 4,258,906 | R$ 4,137,022 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
BONDS AND SECURITIES AT AMORTIZED COST (Details Narrative) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Bonds And Securities At Amortized Cost | ||
| Financial instruments pledged as collateral, classified as financial assets at amortized cost | R$ 43,616,767 | R$ 38,224,516 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Non-current assets held for sale (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Real estate | R$ 904,591 | R$ 995,614 |
| Vehicles and similar | 289,197 | 205,347 |
| Machinery and equipment | 1,238 | 1,487 |
| Other | 1,246 | 40 |
| Total | R$ 1,196,272 | R$ 1,202,488 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of property, plant and equipment representing land and depreciable buildings and similar structures for use in operations. [Refer: Buildings; Land; Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of property, plant and equipment representing long-lived, depreciable machinery used in operations. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of property, plant and equipment representing self-propelled ground vehicles used in the entity's operations. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of non-current assets or disposal groups classified as held for sale. [Refer: Disposal groups classified as held for sale [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
NON-CURRENT ASSETS HELD FOR SALE (Details Narrative) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| The properties or other non-current assets received in total or partial settlement of the payment obligations of debtors | 1 year |
| X | ||||||||||
- References No definition available.
|
Breakdown of investments in associates and joint ventures (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| IfrsStatementLineItems [Line Items] | |||
| Equity in net income (loss) | R$ 421,504 | R$ 444,858 | R$ 1,201,082 |
| Cielo S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 30.06% | 30.06% | 30.06% |
| Proportion of voting rights held in associate | 30.06% | 30.06% | 30.06% |
| Investment book value | R$ 3,683,242 | R$ 3,885,336 | R$ 4,012,423 |
| Equity in net income (loss) | (171,694) | (157,556) | 475,194 |
| Associates and joint ventures current assets | 86,348,802 | 75,507,836 | 80,584,265 |
| Associates and joint ventures non - current assets | 13,891,012 | 16,299,562 | 13,924,371 |
| Associates and joint ventures current liabilities | 74,177,771 | 66,942,947 | 74,467,296 |
| Associates and joint ventures non - current liabilities | 12,868,440 | 10,806,367 | 8,648,722 |
| Revenue | 11,685,440 | 11,186,013 | 5,300,681 |
| Associates and joint ventures net income (loss) for the year | R$ (317,039) | R$ (347,338) | R$ 1,583,827 |
| Fleury S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 29.98% | 22.47% | 16.28% |
| Proportion of voting rights held in associate | 29.98% | 22.47% | 16.28% |
| Investment book value | R$ 1,760,606 | R$ 1,206,372 | R$ 703,401 |
| Equity in net income (loss) | 93,541 | 42,158 | 37,312 |
| Associates and joint ventures current assets | 1,731,373 | 1,990,891 | 990,578 |
| Associates and joint ventures non - current assets | 4,232,675 | 3,632,868 | 3,707,962 |
| Associates and joint ventures current liabilities | 1,174,881 | 1,201,313 | 685,626 |
| Associates and joint ventures non - current liabilities | 2,899,527 | 2,622,634 | 2,210,530 |
| Revenue | 3,752,864 | 2,930,975 | 3,047,851 |
| Associates and joint ventures net income (loss) for the year | R$ 233,979 | R$ 220,692 | R$ 327,279 |
| Haitong Banco De Investimento Do Brasil S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 20.00% | 20.00% | 20.00% |
| Proportion of voting rights held in associate | 20.00% | 20.00% | 20.00% |
| Investment book value | R$ 110,564 | R$ 106,085 | R$ 104,420 |
| Equity in net income (loss) | 8,728 | 4,384 | 3,824 |
| Associates and joint ventures current assets | 3,191,545 | 5,492,157 | 2,769,583 |
| Associates and joint ventures non - current assets | 1,155,424 | 1,410,680 | 1,501,644 |
| Associates and joint ventures current liabilities | 2,429,956 | 4,265,660 | 3,018,405 |
| Associates and joint ventures non - current liabilities | 1,917,013 | 2,107,953 | 732,665 |
| Revenue | 536,972 | 1,070,232 | 3,933,691 |
| Associates and joint ventures net income (loss) for the year | R$ 45,270 | R$ 20,221 | R$ 16,642 |
| Tecnologia Bancaria S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 24.55% | 24.32% | 24.32% |
| Proportion of voting rights held in associate | 24.55% | 24.32% | 24.32% |
| Investment book value | R$ 219,491 | R$ 166,044 | R$ 130,759 |
| Equity in net income (loss) | 53,446 | 35,285 | 15,327 |
| Associates and joint ventures current assets | 914,853 | 685,459 | 561,182 |
| Associates and joint ventures non - current assets | 1,977,956 | 1,796,631 | 1,646,932 |
| Associates and joint ventures current liabilities | 866,662 | 716,566 | 448,857 |
| Associates and joint ventures non - current liabilities | 1,132,175 | 1,089,234 | 1,256,342 |
| Revenue | 2,482,624 | 2,680,429 | 2,478,999 |
| Associates and joint ventures net income (loss) for the year | R$ 165,056 | R$ 130,596 | R$ 44,698 |
| Swiss Re Corporate Solutions Brasil [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 40.00% | 40.00% | 40.00% |
| Proportion of voting rights held in associate | 40.00% | 40.00% | 40.00% |
| Investment book value | R$ 313,658 | R$ 332,244 | R$ 345,825 |
| Equity in net income (loss) | (633) | (2,651) | 9,056 |
| Associates and joint ventures current assets | 2,504,889 | 2,499,009 | 2,206,395 |
| Associates and joint ventures non - current assets | 1,621,205 | 1,446,089 | 1,487,009 |
| Associates and joint ventures current liabilities | 3,029,473 | 2,809,293 | 2,522,673 |
| Associates and joint ventures non - current liabilities | 311,473 | 305,194 | 317,259 |
| Revenue | 1,374,391 | 991,491 | 1,167,924 |
| Associates and joint ventures net income (loss) for the year | R$ (1,582) | R$ (6,627) | R$ 22,641 |
| Gestora De Inteligencia De Credito S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 21.02% | 20.00% | 20.00% |
| Proportion of voting rights held in associate | 21.02% | 20.00% | 20.00% |
| Investment book value | R$ 23,653 | R$ 28,680 | R$ 47,744 |
| Equity in net income (loss) | (15,254) | (19,064) | (11,354) |
| Associates and joint ventures current assets | 93,479 | 199,844 | 202,904 |
| Associates and joint ventures non - current assets | 1,079,405 | 1,063,455 | 323,845 |
| Associates and joint ventures current liabilities | 161,048 | 138,933 | 38,512 |
| Associates and joint ventures non - current liabilities | 942,313 | ||
| Revenue | 168,977 | 40,598 | 17 |
| Associates and joint ventures net income (loss) for the year | (73,876) | (95,260) | (73,143) |
| Companies Other [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Investment book value | 25,205 | 96,001 | 54,021 |
| Equity in net income (loss) | 26,956 | 52,811 | 98,959 |
| Total Investments In Associates [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Investment book value | 6,136,419 | 5,951,403 | 6,246,966 |
| Equity in net income (loss) | (4,910) | 6,625 | 874,938 |
| Associates and joint ventures current assets | 94,784,941 | 86,582,827 | 98,461,811 |
| Associates and joint ventures non - current assets | 23,957,677 | 25,785,392 | 28,817,685 |
| Associates and joint ventures current liabilities | 81,839,791 | 76,100,163 | 92,430,151 |
| Associates and joint ventures non - current liabilities | 20,070,941 | 17,918,461 | 14,752,580 |
| Revenue | 20,001,268 | 19,053,963 | 23,959,747 |
| Associates and joint ventures net income (loss) for the year | R$ 51,808 | R$ (82,964) | R$ 3,441,302 |
| Elo Participacoes Ltda [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 50.01% | 50.01% | 50.01% |
| Proportion of voting rights held in associate | 50.01% | 50.01% | 50.01% |
| Investment book value | R$ 1,421,146 | R$ 1,435,437 | R$ 1,338,973 |
| Equity in net income (loss) | 426,414 | 434,313 | 314,644 |
| Associates and joint ventures current assets | 734,729 | 892,035 | 1,385,306 |
| Associates and joint ventures non - current assets | 2,729,981 | 2,704,326 | 1,835,595 |
| Associates and joint ventures current liabilities | 313,385 | 262,501 | 199,891 |
| Associates and joint ventures non - current liabilities | 211,267 | 151,629 | 29,192 |
| Revenue | 30,522 | 18,223 | 38,605 |
| Associates and joint ventures net income (loss) for the year | 854,205 | 864,391 | 627,367 |
| Total Investments In Joint Ventures [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Investment book value | 1,421,146 | 1,435,437 | 1,388,646 |
| Equity in net income (loss) | 426,414 | 438,233 | 326,144 |
| Associates and joint ventures current assets | 734,729 | 892,035 | 1,836,550 |
| Associates and joint ventures non - current assets | 2,729,981 | 2,704,326 | 1,841,756 |
| Associates and joint ventures current liabilities | 313,385 | 262,501 | 558,040 |
| Associates and joint ventures non - current liabilities | 211,267 | 151,629 | 29,192 |
| Revenue | 30,522 | 18,223 | 174,501 |
| Associates and joint ventures net income (loss) for the year | 854,205 | 864,391 | 650,909 |
| Total Investments [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Investment book value | 7,557,565 | 7,386,840 | (1) |
| Equity in net income (loss) | 421,504 | 444,858 | 1,201,082 |
| Associates and joint ventures current assets | 95,519,670 | 87,474,862 | 100,298,361 |
| Associates and joint ventures non - current assets | 26,687,658 | 28,489,718 | 30,659,441 |
| Associates and joint ventures current liabilities | 82,153,176 | 76,362,664 | 92,988,191 |
| Associates and joint ventures non - current liabilities | 20,282,208 | 18,070,090 | 14,781,772 |
| Revenue | 20,031,790 | 19,072,186 | 24,134,248 |
| Associates and joint ventures net income (loss) for the year | 906,013 | R$ 781,427 | R$ 4,092,211 |
| I R B Brasil Resseguros S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 0.00% | 15.23% | |
| Proportion of voting rights held in associate | 0.00% | 15.23% | |
| Investment book value | R$ 668,833 | ||
| Equity in net income (loss) | R$ 53,454 | 225,137 | |
| Associates and joint ventures current assets | 10,900,366 | ||
| Associates and joint ventures non - current assets | 6,029,558 | ||
| Associates and joint ventures current liabilities | 11,222,870 | ||
| Associates and joint ventures non - current liabilities | 1,334,052 | ||
| Revenue | 7,842,177 | ||
| Associates and joint ventures net income (loss) for the year | R$ 1,472,003 | ||
| Cia Brasileira De Gestao E Servicos S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 41.85% | 41.85% | |
| Proportion of voting rights held in associate | 41.85% | 41.85% | |
| Investment book value | R$ 130,641 | R$ 135,005 | |
| Equity in net income (loss) | (2,196) | R$ 9,328 | |
| Associates and joint ventures current assets | 207,631 | 245,624 | |
| Associates and joint ventures non - current assets | 136,107 | 106,351 | |
| Associates and joint ventures current liabilities | 25,451 | 25,873 | |
| Associates and joint ventures non - current liabilities | 6,112 | 3,491 | |
| Revenue | 154,225 | 188,407 | |
| Associates and joint ventures net income (loss) for the year | (5,248) | 22,550 | |
| Reconciliation Of Expected Losses From Loans And Advances To Customers Stages Consolidated Stage 3 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Associates and joint ventures non - current liabilities | R$ 980,967 | R$ 249,519 | |
| Crediare S A Credito Financiamento E Investimento [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 0.00% | 50.00% | |
| Proportion of voting rights held in associate | 0.00% | 50.00% | |
| Investment book value | R$ 49,673 | ||
| Equity in net income (loss) | R$ 3,920 | 11,482 | |
| Associates and joint ventures current assets | 448,568 | ||
| Associates and joint ventures non - current assets | 4,738 | ||
| Associates and joint ventures current liabilities | 353,962 | ||
| Revenue | 135,746 | ||
| Associates and joint ventures net income (loss) for the year | R$ 23,498 | ||
| M P O Processadora De Pagamentos Moveis S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 0.00% | 100.00% | |
| Proportion of voting rights held in associate | 0.00% | 100.00% | |
| Equity in net income (loss) | R$ 18 | ||
| Associates and joint ventures current assets | 2,676 | ||
| Associates and joint ventures non - current assets | 1,423 | ||
| Associates and joint ventures current liabilities | 4,187 | ||
| Revenue | 150 | ||
| Associates and joint ventures net income (loss) for the year | R$ 44 | ||
| Aquarius Participacoes S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 49.00% | ||
| Proportion of voting rights held in associate | 49.00% | ||
| Investment book value | R$ 44,535 | ||
| Equity in net income (loss) | 12,155 | ||
| Associates and joint ventures current assets | 914 | ||
| Associates and joint ventures non - current assets | 90,013 | ||
| Associates and joint ventures current liabilities | 39 | ||
| Associates and joint ventures net income (loss) for the year | R$ 24,805 | ||
| N C R Brasil Industria De Equipamentos Para Automacao S A [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Proportion of ownership interest in associate | 0.00% | ||
| Proportion of voting rights held in associate | 0.00% | ||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of income or expense from subsidiaries, jointly controlled entities and associates that the entity does not separately disclose in the same statement or note. [Refer: Associates [member]; Subsidiaries [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The proportion of the voting rights in an associate held by the entity. [Refer: Associates [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Changes in associates (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Investments In Associates And Joint Ventures | ||
| Opening balance on January 1 | R$ 7,386,840 | R$ 7,635,612 |
| Acquisitions | 290,211 | 491,438 |
| Write-offs (1) | (177,602) | (102,282) |
| Equity in net income of associates | 421,504 | 444,858 |
| Dividends/Interest on equity | (588,156) | (405,791) |
| Other | 224,769 | (676,995) |
| Balance on December 31 | R$ 7,557,566 | R$ 7,386,840 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of investment income, such as interest and dividends. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries reported in separate financial statements] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Composition of property and equipment by class (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ 13,513,105 | [1] | R$ 14,071,129 | [1],[2] | R$ 14,071,129 | R$ 14,659,222 | ||||
| Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | [1] | 27,734,336 | 27,236,194 | |||||||
| Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | [1] | R$ (14,221,231) | R$ (13,165,065) | |||||||
| Buildings [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Annual rate of depreciation | 4.00% | 4.00% | ||||||||
| Balance on | [2] | R$ 5,935,485 | R$ 6,169,614 | 6,169,614 | 6,482,841 | |||||
| Buildings [member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 9,341,822 | 8,767,456 | ||||||||
| Buildings [member] | Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | (3,406,337) | (2,597,842) | ||||||||
| Land [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 973,725 | [2] | 1,021,594 | [2] | 1,021,594 | 967,928 | ||||
| Land [member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ 973,725 | R$ 1,021,594 | ||||||||
| Other property, plant and equipment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Annual rate of depreciation | 10.00% | 10.00% | ||||||||
| Balance on | R$ 3,162,933 | R$ 3,247,027 | [2] | 3,247,027 | 3,724,589 | |||||
| Other property, plant and equipment [member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 6,259,877 | 6,706,990 | ||||||||
| Other property, plant and equipment [member] | Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ (3,096,944) | R$ (3,459,963) | ||||||||
| Communication and network equipment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Annual rate of depreciation | 10.00% | 10.00% | ||||||||
| Balance on | R$ 102,094 | R$ 152,264 | [2] | 152,264 | 153,852 | |||||
| Communication and network equipment [member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 375,116 | 388,588 | ||||||||
| Communication and network equipment [member] | Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ (273,022) | R$ (236,324) | ||||||||
| Data Processing Systems [Member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Annual rate of depreciation | 20.00% | 20.00% | ||||||||
| Balance on | [2] | R$ 3,231,533 | R$ 3,357,720 | 3,357,720 | 3,189,336 | |||||
| Data Processing Systems [Member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 10,562,634 | 10,137,875 | ||||||||
| Data Processing Systems [Member] | Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ (7,331,101) | R$ (6,780,155) | ||||||||
| Transportation Systems [Member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Annual rate of depreciation | 20.00% | 20.00% | ||||||||
| Balance on | R$ 107,335 | R$ 122,910 | [2] | R$ 122,910 | R$ 140,676 | |||||
| Transportation Systems [Member] | Accumulated impairment [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | 221,162 | 213,691 | ||||||||
| Transportation Systems [Member] | Accumulated depreciation and amortisation [member] | ||||||||||
| IfrsStatementLineItems [Line Items] | ||||||||||
| Balance on | R$ (113,827) | R$ (90,781) | ||||||||
| ||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Change in property and equipment by class (Details) - BRL (R$) |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | R$ 14,071,129,000 | [1],[2] | R$ 14,071,129,000 | R$ 14,659,222,000 | |||||
| Additions | 2,967,413,000 | 4,001,096,000 | |||||||
| Write-offs | (792,684,000) | (1,639,388,000) | |||||||
| Impairment | (20,033,000) | 10,306,000 | [2] | ||||||
| Accumulated depreciation | (2,712,720,000) | (2,960,106,000) | [2] | (2,737,383,000) | |||||
| Ending balance | 13,513,105,000 | [1] | 14,071,129,000 | [1],[2] | 14,071,129,000 | ||||
| Buildings [member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | [2] | 6,169,614,000 | 6,169,614,000 | 6,482,841,000 | |||||
| Additions | [2] | 702,066,000 | 1,411,771,000 | ||||||
| Write-offs | [2] | (65,816,000) | (709,254,000) | ||||||
| Impairment | [2] | (11,000) | |||||||
| Accumulated depreciation | [2] | (870,379,000) | (1,015,733,000) | ||||||
| Ending balance | [2] | 5,935,485,000 | 6,169,614,000 | 6,169,614,000 | |||||
| Land [member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | 1,021,594,000 | [2] | 1,021,594,000 | 967,928,000 | |||||
| Additions | 46,213,000 | ||||||||
| Write-offs | (47,869,000) | (23,530,000) | |||||||
| Impairment | [2] | 30,983,000 | |||||||
| Ending balance | 973,725,000 | [2] | 1,021,594,000 | [2] | 1,021,594,000 | ||||
| Other property, plant and equipment [member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | 3,247,027,000 | [2] | 3,247,027,000 | 3,724,589,000 | |||||
| Additions | 887,552,000 | 1,262,493,000 | |||||||
| Write-offs | (194,433,000) | (893,576,000) | |||||||
| Impairment | (132,000) | ||||||||
| Accumulated depreciation | (777,081,000) | (846,479,000) | [2] | ||||||
| Ending balance | 3,162,933,000 | 3,247,027,000 | [2] | 3,247,027,000 | |||||
| Communication and network equipment [member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | 152,264,000 | [2] | 152,264,000 | 153,852,000 | |||||
| Additions | 23,154,000 | 24,315,000 | |||||||
| Write-offs | (30,094,000) | (1,440,000) | |||||||
| Impairment | (4,488,000) | (2,505,000) | [2] | ||||||
| Accumulated depreciation | (38,742,000) | (21,958,000) | [2] | ||||||
| Ending balance | 102,094,000 | 152,264,000 | [2] | 152,264,000 | |||||
| Data Processing Systems [Member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | [2] | 3,357,720,000 | 3,357,720,000 | 3,189,336,000 | |||||
| Additions | [2] | 1,345,082,000 | 1,250,334,000 | ||||||
| Write-offs | [2] | (453,075,000) | (11,588,000) | ||||||
| Impairment | [2] | (15,413,000) | (17,903,000) | ||||||
| Accumulated depreciation | [2] | (1,002,781,000) | (1,052,459,000) | ||||||
| Ending balance | [2] | 3,231,533,000 | 3,357,720,000 | 3,357,720,000 | |||||
| Transportation Systems [Member] | |||||||||
| IfrsStatementLineItems [Line Items] | |||||||||
| Balance beginning | 122,910,000 | [2] | 122,910,000 | 140,676,000 | |||||
| Additions | 9,559,000 | 5,970,000 | |||||||
| Write-offs | (1,397,000) | ||||||||
| Impairment | [2] | (258,000) | |||||||
| Accumulated depreciation | (23,737,000) | (23,478,000) | [2] | ||||||
| Ending balance | R$ 107,335,000 | R$ 122,910,000 | [2] | R$ 122,910,000 | |||||
| |||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of additions to property, plant and equipment other than those acquired through business combinations. [Refer: Business combinations [member]; Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of depreciation expense. Depreciation is the systematic allocation of depreciable amounts of tangible assets over their useful lives. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of impairment loss recognised in profit or loss for property, plant and equipment. [Refer: Impairment loss recognised in profit or loss; Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount recognised resulting from the write-down of property, plant and equipment to its recoverable amount or reversals of those write-downs. [Refer: Property, plant and equipment] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Change in intangible assets and goodwill by class (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | R$ 14,669,464 | R$ 14,724,647 | ||||
| Additions reductions | 4,142,229 | 4,245,081 | ||||
| Impairment | [1] | (840,506) | (1,339,340) | |||
| Amortization | (3,060,180) | (2,960,924) | ||||
| Ending balance | R$ 14,911,007 | 14,669,464 | ||||
| Acquisition Of Banking Rights In Accordance With Contract Agreement Software [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Rate of amortization | 20.00% | |||||
| Acquisition Of Banking Rights In Accordance With Contract Agreement Customer Portfolio [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Rate of amortization | 20.00% | |||||
| Acquisition Of Banking Rights In Accordance With Contract Agreement Others [Member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Rate of amortization | 20.00% | |||||
| Goodwill [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | R$ 7,093,544 | 5,327,901 | ||||
| Additions reductions | (1,035,448) | 1,765,643 | ||||
| Impairment | [1] | (9,362) | ||||
| Ending balance | 6,048,734 | 7,093,544 | ||||
| Service concession rights [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | [2] | 3,631,848 | 4,487,898 | |||
| Additions reductions | [2] | 1,451,657 | 791,047 | |||
| Impairment | [1],[2] | (713,113) | (320,726) | |||
| Amortization | [2] | (1,320,446) | (1,326,371) | |||
| Ending balance | [2] | 3,049,946 | 3,631,848 | |||
| Computer software [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | [2] | 3,520,872 | 3,127,388 | |||
| Additions reductions | [2] | 2,150,051 | 1,373,474 | |||
| Impairment | [1],[2] | (115,885) | (258,998) | |||
| Amortization | [2] | (827,236) | (720,992) | |||
| Ending balance | [2] | 4,727,802 | 3,520,872 | |||
| Customer-related intangible assets [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | [2] | 367,890 | 1,752,759 | |||
| Additions reductions | [2] | 1,255,543 | ||||
| Impairment | [1],[2] | (2,146) | (759,616) | |||
| Amortization | [2] | (572,646) | (625,253) | |||
| Ending balance | [2] | 1,048,641 | 367,890 | |||
| Other intangible assets [member] | ||||||
| IfrsStatementLineItems [Line Items] | ||||||
| Beginning balance | [2] | 55,310 | 28,701 | |||
| Additions reductions | [2] | 320,426 | 314,917 | |||
| Amortization | [2] | (339,852) | (288,308) | |||
| Ending balance | [2] | R$ 35,884 | R$ 55,310 | |||
| ||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of additions to intangible assets other than goodwill, other than those acquired through business combinations. [Refer: Business combinations [member]; Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of impairment loss recognised in profit or loss for intangible assets and goodwill. [Refer: Impairment loss recognised in profit or loss; Intangible assets and goodwill] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Composition of goodwill by segment (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Banking | R$ 5,583,201 | R$ 6,601,162 |
| Insurance | 465,533 | 492,382 |
| Total | R$ 6,048,734 | R$ 7,093,544 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Other assets (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial assets | [1],[2] | R$ 64,411,451 | R$ 52,416,117 | ||||||||||
| Foreign exchange transactions | [3] | 37,099,430 | 25,754,975 | ||||||||||
| Debtors for guarantee deposits | [4] | 19,819,051 | 18,489,500 | ||||||||||
| Securities trading | 4,795,860 | 6,111,610 | |||||||||||
| Trade and credit receivables | 1,403,653 | 759,677 | |||||||||||
| Receivables | 1,293,457 | 1,300,355 | |||||||||||
| Other assets | 7,994,655 | 8,475,829 | |||||||||||
| Deferred acquisition cost (insurance) | 1,115,127 | 1,020,567 | R$ 983,999 | ||||||||||
| Other debtors | 3,104,184 | 3,475,850 | |||||||||||
| Prepaid expenses | 1,045,313 | 1,019,578 | |||||||||||
| Interbank and interdepartmental accounts | 348,092 | 444,023 | |||||||||||
| Other | [5] | 2,381,939 | 2,515,811 | ||||||||||
| Total | R$ 72,406,106 | R$ 60,891,946 | |||||||||||
| |||||||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount recognised as a current asset for expenditures made prior to the period when the economic benefit will be realised. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of costs that an insurer incurs to sell, underwrite and initiate a new insurance contract whose recognition as an expense has been deferred. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount receivable by the entity that it does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount due from customers for goods and services sold. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Composition by nature (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Demand deposits | R$ 1,508,083 | R$ 1,593,170 |
| Interbank deposits | 4,655,644 | 797,216 |
| Securities sold under agreements to repurchase | 222,574,700 | 217,108,353 |
| Borrowings | 26,546,104 | 23,966,470 |
| Onlending | 23,724,749 | 23,814,958 |
| Total | 279,009,280 | 267,280,167 |
| Demand deposits | 56,613,691 | 50,247,334 |
| Savings deposits | 139,341,042 | 136,698,248 |
| Time deposits | 373,771,517 | 358,347,161 |
| Total | R$ 569,726,250 | R$ 545,292,743 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of balances in customers' demand deposits held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of balances in customers' deposit accounts held by the entity that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of balances in customers' term deposits held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of outstanding funds that the entity is obligated to repay. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from banks held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of deposit liabilities from customers held by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The gross amount of recognised financial liabilities that are subject either to offsetting or to an enforceable master netting arrangement or similar agreement. [Refer: Financial liabilities] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
INTANGIBLE ASSETS AND GOODWILL (Details Narrative) |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Calculation uses cash-flow predictions based on financial budgets approved by management, with a terminal growth rate | 5.80% | 610.00% |
| The forecast cash flows have been discounted at a rate | 12.60% | 12.60% |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Composition by type of security issued and location (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| Instruments Issued – Brazil: | |||
| Real estate credit notes | R$ 41,461,933 | R$ 27,601,333 | |
| Agribusiness notes | 17,300,060 | 14,694,484 | |
| Financial bills | 79,752,267 | 81,588,961 | |
| Letters property guaranteed | 13,936,949 | 7,930,718 | |
| Subtotal | 152,451,209 | 131,815,496 | |
| Securities – Overseas: | |||
| Euronotes | 1,849,851 | 2,113,000 | |
| Securities issued through securitization – (item ) | 9,135,795 | 9,112,256 | |
| Subtotal | 10,985,646 | 11,225,256 | |
| Structured Operations Certificates | 2,791,687 | 1,863,073 | |
| Total | R$ 166,228,542 | R$ 144,903,825 | R$ 170,727,564 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of bonds issued by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of instruments issued by the entity that represent indebtedness. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of notes and debentures issued by the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Net financial activity in the issuance of securities (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Funds From Securities Issued | ||
| Opening balance on January 1 | R$ 144,903,825 | R$ 170,727,564 |
| Issuance | (105,221,591) | (61,833,816) |
| Interest | 7,543,275 | 5,576,416 |
| Settlement and interest payments | (92,274,643) | (93,179,856) |
| Exchange variation and others | 834,494 | (54,115) |
| Closing balance on December 31 | R$ 166,228,542 | R$ 144,903,825 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of instruments issued by the entity that represent indebtedness. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Composition of subordinated debt (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|---|
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | R$ 54,451,077 | R$ 53,246,232 | R$ 49,313,508 |
| In Brazil [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | 48,203,788 | 38,893,288 | |
| In Brazil [Member] | Maturity 2022 [Member] | Original term in years 7 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 3,306,811 | ||
| Subordinated debt | 5,413,488 | 6,662,957 | |
| In Brazil [Member] | Maturity 2022 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 54,143 | ||
| Subordinated debt | 147,062 | 128,910 | |
| In Brazil [Member] | Maturity 2023 [Member] | Original term in years 7 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 1,347,452 | ||
| Subordinated debt | 2,125,935 | 2,011,986 | |
| In Brazil [Member] | Maturity 2023 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 1,523,546 | ||
| Subordinated debt | 2,685,658 | 2,798,899 | |
| In Brazil [Member] | Maturity 2023 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 688,064 | ||
| Subordinated debt | 1,504,108 | 1,318,725 | |
| In Brazil [Member] | Maturity 2024 [Member] | Original term in years 7 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 67,450 | ||
| Subordinated debt | 105,003 | 93,765 | |
| In Brazil [Member] | Maturity 2024 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 136,695 | ||
| Subordinated debt | 214,204 | 196,932 | |
| In Brazil [Member] | Maturity 2024 [Member] | Original term in years 9 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 4,924 | ||
| Subordinated debt | 10,653 | 9,347 | |
| In Brazil [Member] | Maturity 2025 [Member] | Original term in years 7 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 5,425,906 | ||
| Subordinated debt | 6,427,648 | 6,126,601 | |
| In Brazil [Member] | Maturity 2025 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 6,193,653 | ||
| Subordinated debt | 6,477,614 | 6,340,117 | |
| In Brazil [Member] | Maturity 2025 [Member] | Original term in years 9 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 370,344 | ||
| Subordinated debt | 546,022 | 507,771 | |
| In Brazil [Member] | Maturity 2025 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 284,137 | ||
| Subordinated debt | 709,953 | 596,797 | |
| In Brazil [Member] | Maturity 2027 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 401,060 | ||
| Subordinated debt | 430,028 | 403,352 | |
| In Brazil [Member] | Maturity 2027 [Member] | Original term in years 9 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 89,700 | ||
| Subordinated debt | 113,969 | 104,782 | |
| In Brazil [Member] | Maturity 2027 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 256,243 | ||
| Subordinated debt | 377,838 | 338,894 | |
| In Brazil [Member] | Maturity 2027 [Member] | Original term in years 11 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 47,046 | ||
| Subordinated debt | 70,532 | 65,771 | |
| In Brazil [Member] | Maturity 2021 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | 2,565 | ||
| In Brazil [Member] | Maturity 2021 [Member] | Original term in years 9 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | 15,460 | ||
| In Brazil [Member] | Maturity 2021 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | 56,608 | ||
| In Brazil [Member] | Maturity 2026 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 694,800 | ||
| Subordinated debt | 821,253 | 783,605 | |
| In Brazil [Member] | Maturity 2026 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 196,196 | ||
| Subordinated debt | 380,719 | 329,699 | |
| In Brazil [Member] | Maturity 2026 [Member] | Original term in years 11 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 3,400 | ||
| Subordinated debt | 6,226 | 5,477 | |
| In Brazil [Member] | Maturity 2028 [Member] | Original term in years 8 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 55,437 | ||
| Subordinated debt | 59,315 | 55,702 | |
| In Brazil [Member] | Maturity 2028 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 248,300 | ||
| Subordinated debt | 355,845 | 308,959 | |
| In Brazil [Member] | Maturity 2028 [Member] | Original term in years 11 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 74,764 | ||
| Subordinated debt | 115,528 | 100,369 | |
| In Brazil [Member] | Maturity 2030 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 134,500 | ||
| Subordinated debt | 155,130 | 139,596 | |
| In Brazil [Member] | Subordinated Debt Maturity 2031 [Member] | Original term in years 10 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 7,270,000 | ||
| Subordinated debt | 7,491,477 | ||
| In Brazil [Member] | Perpetual [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 11,150,455 | ||
| Subordinated debt | 11,458,580 | 9,389,642 | |
| Overseas [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | 6,247,289 | 14,352,944 | |
| Overseas [Member] | Maturity 2022 [Member] | Original term in years 11 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Nominal amount | 6,138,550 | ||
| Subordinated debt | R$ 6,247,289 | 5,813,578 | |
| Overseas [Member] | Maturity 2021 [Member] | Original term in years 11 [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Subordinated debt | R$ 8,539,366 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The nominal or face amount of a financial instrument, used to calculate payments made on that instrument. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of liabilities that are subordinate to other liabilities with respect to claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Movements in subordinated debt (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Opening Balances on January 1 | R$ 53,246,232 | R$ 49,313,508 |
| Issuance | 9,130,200 | 688,186 |
| Interest | 3,154,164 | 2,403,327 |
| Settlement and interest payments | (11,165,628) | (2,374,538) |
| Exchange variation | 86,109 | 3,215,749 |
| Closing balance on December 31 | R$ 54,451,077 | R$ 53,246,232 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of liabilities that are subordinate to other liabilities with respect to claims. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Technical provisions by account (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Mathematical reserve for unvested benefits (PMBAC) | R$ 242,245,282 | R$ 238,661,529 |
| Mathematical reserve for vested benefits (PMBC) | 12,579,649 | 11,016,557 |
| Reserve for claims incurred but not reported (IBNR) | 5,975,763 | 4,985,816 |
| Reserve for unsettled claims (PSL) | 7,405,610 | 6,101,011 |
| Reserve for unsettled claims (PSL) | 6,989,001 | 6,570,693 |
| Reserve for financial surplus (PET) | 861,170 | 783,786 |
| Other technical provisions | 10,330,159 | 11,345,992 |
| Total | 286,386,634 | 279,465,384 |
| Non-life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Mathematical reserve for unvested benefits (PMBAC) | 1,179,406 | 1,225,279 |
| Mathematical reserve for vested benefits (PMBC) | 695,210 | 612,835 |
| Reserve for claims incurred but not reported (IBNR) | 4,961,729 | 4,040,072 |
| Reserve for unsettled claims (PSL) | 4,922,394 | 4,381,913 |
| Reserve for unsettled claims (PSL) | 4,997,427 | 4,893,477 |
| Other technical provisions | 3,378,434 | 3,404,474 |
| Total | 20,134,600 | 18,558,050 |
| Life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Mathematical reserve for unvested benefits (PMBAC) | 241,065,876 | 237,436,250 |
| Mathematical reserve for vested benefits (PMBC) | 11,884,439 | 10,403,722 |
| Reserve for claims incurred but not reported (IBNR) | 1,014,034 | 945,744 |
| Reserve for unsettled claims (PSL) | 2,483,216 | 1,719,098 |
| Reserve for unsettled claims (PSL) | 1,991,574 | 1,677,216 |
| Reserve for financial surplus (PET) | 861,170 | 783,786 |
| Other technical provisions | 6,951,725 | 7,941,518 |
| Total | R$ 266,252,034 | R$ 260,907,334 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Mathematical provision for benefits granted No definition available.
|
| X | ||||||||||
- Definition Reserve for claims incurred but not reported (IBNR) No definition available.
|
| X | ||||||||||
- Definition Reserve For Unsettled Claims PSL No definition available.
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued that the entity does not separately disclose in the same statement or note. [Refer: Liabilities under insurance contracts and reinsurance contracts issued] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of provisions for future non-participating benefits. [Refer: Provisions] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition A component of equity representing the accumulated revaluation surplus on the revaluation of assets recognised in other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liability for written premiums on insurance contracts that have not yet been earned. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Technical provisions by product (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Health | R$ 15,039,385 | R$ 13,906,115 |
| Non-Life | 5,095,215 | 4,651,935 |
| Life | 20,899,215 | 16,186,345 |
| Pension plans | 245,352,819 | 244,720,989 |
| Total | 286,386,634 | 279,465,384 |
| Technical Provisions [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Total | 286,386,634 | 279,465,384 |
| Non-life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Health | 15,039,385 | 13,906,115 |
| Non-Life | 5,095,215 | 4,651,935 |
| Total | 20,134,600 | 18,558,050 |
| Non-life insurance contracts [member] | Technical Provisions [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Total | 20,134,600 | 18,558,050 |
| Life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Life | 20,899,215 | 16,186,345 |
| Pension plans | 245,352,819 | 244,720,989 |
| Total | 266,252,034 | 260,907,334 |
| Life insurance contracts [member] | Technical Provisions [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Total | R$ 266,252,034 | R$ 260,907,334 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Technical provisions by product - Health (Health and Dental) No definition available.
|
| X | ||||||||||
- Definition Technical Provisions By Product Life No definition available.
|
| X | ||||||||||
- Definition Technical Provisions Products Non Life No definition available.
|
| X | ||||||||||
- Definition Technical Provisions By Product Pension Plans No definition available.
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Insurance – Non-Life, Life and Health Insurance (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Technical Insurance Provision And Pension Plans | ||
| Opening balance on January 1 | R$ 34,744,396 | R$ 29,983,376 |
| (-) DPVAT insurance | (2,423) | (559,843) |
| Subtotal on January 1 | 34,741,973 | 29,423,533 |
| Additions, net of reversals | 40,447,837 | 37,778,695 |
| Payment of claims, benefits and redemptions | (36,227,017) | (33,359,738) |
| Adjustment for inflation and interest | 2,072,055 | 870,195 |
| Constitution of judicial provision | (3,367) | 29,288 |
| Subtotal at end of the period | 41,031,481 | 34,741,973 |
| (+) DPVAT insurance | 2,334 | 2,423 |
| Closing balance on December 31 | R$ 41,033,815 | R$ 34,744,396 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The increase in liabilities under insurance contracts and reinsurance contracts issued, resulting from additions other than through business combinations. [Refer: Liabilities under insurance contracts and reinsurance contracts issued; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The decrease in liabilities under insurance contracts and reinsurance contracts issued resulting from cash paid. [Refer: Liabilities under insurance contracts and reinsurance contracts issued] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The increase (decrease) in liabilities under insurance contracts and reinsurance contracts issued. [Refer: Liabilities under insurance contracts and reinsurance contracts issued] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The increase (decrease) in liabilities under issued insurance contracts and reinsurance contracts resulting from adjustments arising from the passage of time. [Refer: Liabilities under insurance contracts and reinsurance contracts issued] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
Insurance – Pension Plans (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Technical Insurance Provision And Pension Plans | ||
| Opening balance on January 1 | R$ 244,720,988 | R$ 238,319,314 |
| Receipt of premiums net of fees | 29,021,129 | 25,979,731 |
| Payment of benefits | (1,331,764) | (1,124,913) |
| Payment of redemptions | (29,903,661) | (26,326,995) |
| Adjustment for inflation and interest | 10,499,820 | 11,942,820 |
| Others | (7,653,693) | (4,068,969) |
| Closing balance on December 31 | R$ 245,352,819 | R$ 244,720,988 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The increase (decrease) in liabilities under insurance contracts and reinsurance contracts issued resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Liabilities under insurance contracts and reinsurance contracts issued] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Guarantees for the technical provisions (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Insurance technical provisions and Pension Plans | R$ 286,386,634 | R$ 279,465,384 |
| (-) Portion corresponding to contracted reinsurance | (26,223) | (34,731) |
| (-) Premiums receivables | (1,774,506) | (1,502,349) |
| (-) Unearned premium provision - Health and dental insurance | (1,849,070) | (1,656,290) |
| Technical provisions to be covered | 282,736,835 | 276,272,014 |
| Investment fund quotas (VGBL and PGBL) | 209,419,706 | 211,617,915 |
| Investment fund quotas (excluding VGBL and PGBL) | 30,015,734 | 33,833,181 |
| Government securities | 48,570,793 | 43,342,015 |
| Private securities | 270,249 | 113,694 |
| Total assets guarantee portfolio | 288,276,482 | 288,906,805 |
| Non-life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Insurance technical provisions and Pension Plans | 20,134,600 | 18,558,050 |
| (-) Portion corresponding to contracted reinsurance | (10,186) | (21,617) |
| (-) Premiums receivables | (1,774,506) | (1,502,349) |
| (-) Unearned premium provision - Health and dental insurance | (1,849,070) | (1,656,290) |
| Technical provisions to be covered | 16,500,838 | 15,377,794 |
| Investment fund quotas (excluding VGBL and PGBL) | 4,354,207 | 4,367,527 |
| Government securities | 14,003,541 | 13,470,796 |
| Private securities | 34,580 | |
| Total assets guarantee portfolio | 18,357,748 | 17,872,903 |
| Life insurance contracts [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Insurance technical provisions and Pension Plans | 266,252,034 | 260,907,334 |
| (-) Portion corresponding to contracted reinsurance | (16,037) | (13,114) |
| Technical provisions to be covered | 266,235,997 | 260,894,220 |
| Investment fund quotas (VGBL and PGBL) | 209,419,706 | 211,617,915 |
| Investment fund quotas (excluding VGBL and PGBL) | 25,661,527 | 29,465,654 |
| Government securities | 34,567,252 | 29,871,219 |
| Private securities | 270,249 | 79,114 |
| Total assets guarantee portfolio | R$ 269,918,734 | R$ 271,033,902 |
| X | ||||||||||
- Definition Government securities No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Investment fund quotas (excluding VGBL and PGBL) No definition available.
|
| X | ||||||||||
- Definition Investment fund quotas (VGBL and PGBL) No definition available.
|
| X | ||||||||||
- Definition Portion Corresponding To Contracted Reinsurance No definition available.
|
| X | ||||||||||
- Definition Private securities No definition available.
|
| X | ||||||||||
- Definition Technical provisions to be covered No definition available.
|
| X | ||||||||||
- Definition Total assets held in guarantee portfolio No definition available.
|
| X | ||||||||||
- Definition (-) Unearned premium provision - Health and dental insurance No definition available.
|
| X | ||||||||||
- Definition The amount of liabilities under insurance contracts and reinsurance contracts issued. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of receivables and payables related to insurance contracts (amounts currently due to and from agents, brokers and policyholders related to insurance contracts). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Changes in deferred acquisition cost (insurance assets) (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Technical Insurance Provision And Pension Plans | ||
| Opening Balance on January 1 | R$ 1,020,567 | R$ 983,999 |
| Additions | 1,776,681 | 1,335,881 |
| Amortizations | (1,682,121) | (1,299,313) |
| Closing balance on December 31 | R$ 1,115,127 | R$ 1,020,567 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The increase in deferred acquisition costs arising from insurance contracts resulting from amounts of those costs incurred. [Refer: Deferred acquisition costs arising from insurance contracts] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of costs that an insurer incurs to sell, underwrite and initiate a new insurance contract whose recognition as an expense has been deferred. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The decrease in deferred acquisition costs arising from insurance contracts resulting from an impairment loss recognised in profit or loss. [Refer: Impairment loss recognised in profit or loss; Deferred acquisition costs arising from insurance contracts; Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Changes in reinsurance assets (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Technical Insurance Provision And Pension Plans | ||
| Opening Balance on January 1 | R$ 87,036 | R$ 168,225 |
| Additions | 23,645 | 7,795 |
| Amortization and reversal of provisions | ||
| Recovered insurance losses | (39,739) | (55,953) |
| Reversal/Monetary update | (511) | (37,980) |
| Other | 5,565 | 4,949 |
| Closing balance on December 31 | R$ 75,996 | R$ 87,036 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of additions to reinsurance assets, other than those acquired through business combinations. [Refer: Business combinations [member]; Reinsurance assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The increase (decrease) in reinsurance assets resulting from changes that the entity does not separately disclose in the same statement or note. [Refer: Reinsurance assets] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount of a cedant’s net contractual rights under a reinsurance contract. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Non-Life – Gross Claims (Details) - Non-life - Gross Claims [Member] R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | R$ 2,871,659 |
| Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 16,840 |
| Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,145,858 |
| Year claims were notified - 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 13,727 |
| Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,067,073 |
| Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 29,896 |
| Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,701,722 |
| Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 37,139 |
| Year claims were notified - 2015 [Member] | Five years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,284,387 |
| Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 41,075 |
| Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,939,208 |
| Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 34,778 |
| Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,740,923 |
| Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 52,206 |
| Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,446,175 |
| Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 83,725 |
| Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,371,706 |
| Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 108,109 |
| Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,154,485 |
| Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 907,913 |
| Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,948,386 |
| Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 38,671,582 |
| Payments for premiums and claims, annuities and other policy benefits | (37,319,325) |
| Claims incurred but not reported | 1,352,257 |
| Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,844,810) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,129,018) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,053,346) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,671,826) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,247,248) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,898,133) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,706,145) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,393,969) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,287,981) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,046,376) |
| Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,040,473) |
| Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 26,849 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,859,480 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,824,610 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,809,879 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,812,812 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,811,587 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,840,368 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,837,693 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,850,912 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,852,787 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,848,411 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,871,659 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,348,274 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,240,688 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,233,150 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,256,062 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,292,376 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,113,580 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,128,386 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,133,871 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,137,466 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,145,858 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,224,788 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,041,662 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,009,371 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,044,232 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,034,096 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,049,171 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,058,018 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,064,089 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,067,073 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,914,716 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,652,423 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,666,041 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,654,223 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,669,148 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,679,488 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,690,793 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,701,722 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,398,468 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,252,020 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,230,440 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,259,240 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,275,645 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,275,871 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,284,387 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,109,825 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,912,436 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,923,389 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,932,335 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,923,772 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,939,208 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,749,457 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,740,543 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,754,077 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,733,681 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,740,923 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,448,593 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,422,386 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,418,592 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,446,175 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,300,264 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,341,699 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,371,706 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,082,054 |
| LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,154,485 |
| Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | R$ 3,948,386 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of liability for insured events that have occurred but for which claims have yet not been reported by policyholders. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of liability for claims reported by policyholders as the result of the occurrence of insured events. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for premiums and claims, annuities and other policy benefits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of provisions arising from an assessment of whether the carrying amount of an insurance liability needs to be increased (or the carrying amount of related deferred acquisition costs or related intangible assets decreased), based on a review of future cash flows. [Refer: Carrying amount [member]; Provisions] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Non-Life – Claims Net of Reinsurance Ceded (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | R$ 2,706,914 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 16,464 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,990,314 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 13,683 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,897,755 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 29,828 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,564,844 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 153,651 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,823,085 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 34,670 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,702,598 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 51,513 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,416,127 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 83,399 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,861,552 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 107,697 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,417,343 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 905,275 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,938,968 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Estimate of claims on the reporting date (2020) | 36,253,639 |
| Payments of claims | (34,907,347) |
| Outstanding Claims | 1,346,292 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,680,081) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,973,850) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,884,072) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,535,016) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,897,490) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,782,804) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,667,928) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,364,614) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,778,153) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,309,646) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,033,693) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 26,833 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 36,649 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,653,641 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,617,957 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,609,034 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,629,288 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,639,629 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,670,472 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,673,132 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,686,379 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,688,317 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,683,677 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,706,914 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,022,457 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,908,173 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,915,173 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,927,529 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,957,403 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,963,901 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,978,029 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,983,500 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,981,996 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,990,314 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,021,084 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,849,909 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,832,016 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,874,862 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,868,888 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,884,539 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,893,423 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,894,891 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,897,755 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,738,619 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,516,057 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,534,208 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,525,610 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,539,001 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,550,642 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,554,010 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,564,844 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,044,061 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,929,714 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,898,947 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,920,278 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,932,723 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,925,687 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,934,139 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,960,519 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,796,535 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,803,980 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,813,890 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,808,429 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,823,085 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,710,845 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,702,199 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,715,400 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,695,185 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,702,598 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,410,760 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,386,329 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,389,058 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,416,127 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,281,789 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,831,845 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,861,552 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,345,716 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,417,343 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,938,968 |
| Non-life - Gross Claims [Member] | Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,871,659 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 16,840 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,145,858 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 13,727 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,067,073 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 29,896 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,701,722 |
| Non-life - Gross Claims [Member] | Non-Life - Claims Net of Reinsurance Ceded [Member] | Five years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,934,139 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 41,075 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,939,208 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 34,778 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,740,923 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 52,206 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,446,175 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 83,725 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,371,706 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 108,109 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,154,485 |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 907,913 |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,948,386 |
| Non-life - Gross Claims [Member] | Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Estimate of claims on the reporting date (2020) | 38,671,582 |
| Payments of claims | (37,319,325) |
| Outstanding Claims | 1,352,257 |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (2,844,810) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,129,018) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,053,346) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,671,826) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,247,248) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,898,133) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,706,145) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,393,969) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,287,981) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,046,376) |
| Non-life - Gross Claims [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,040,473) |
| Non-life - Gross Claims [Member] | Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 26,849 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 37,139 |
| Non-life - Gross Claims [Member] | Year claims were notified - 2015 [Member] | Five years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,284,387 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,859,480 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,824,610 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,809,879 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,812,812 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,811,587 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,840,368 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,837,693 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,850,912 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,852,787 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,848,411 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 2,871,659 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,348,274 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,240,688 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,233,150 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,256,062 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,292,376 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,113,580 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,128,386 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,133,871 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,137,466 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,145,858 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,224,788 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,041,662 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,009,371 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,044,232 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,034,096 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,049,171 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,058,018 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,064,089 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,067,073 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,914,716 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,652,423 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,666,041 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,654,223 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,669,148 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,679,488 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,690,793 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,701,722 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,398,468 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,252,020 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,230,440 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,259,240 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,275,645 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,275,871 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,284,387 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,109,825 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,912,436 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,923,389 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,932,335 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,923,772 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,939,208 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,749,457 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,740,543 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,754,077 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,733,681 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,740,923 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,448,593 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,422,386 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,418,592 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,446,175 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,300,264 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,341,699 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,371,706 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,082,054 |
| Non-life - Gross Claims [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,154,485 |
| Non-life - Gross Claims [Member] | Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,948,386 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,056,336 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 60,205 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,253,396 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,222,636 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 99,939 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,796,556 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 40,281 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,300,707 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 192,618 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,238,992 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 223,033 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,867,761 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 304,914 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,381,626 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 385,969 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,191,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 1,523,125 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 6,576,186 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Estimate of claims on the reporting date (2020) | 53,127,929 |
| Payments of claims | (49,792,889) |
| Outstanding Claims | 3,335,040 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,865,451) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,193,191) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,149,687) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,696,617) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (5,114,821) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (5,147,056) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (5,046,374) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,644,728) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (4,076,712) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (3,805,191) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments of claims | (5,053,061) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 190,885 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Outstanding Claims | 127,752 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2015 [Member] | Five years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,242,573 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,844,686 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,806,221 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,797,808 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,826,913 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,834,708 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,871,555 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,873,835 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,896,069 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,886,942 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 3,889,088 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,056,336 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,257,561 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,134,444 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,151,462 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,163,604 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,191,766 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,197,799 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,218,005 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,224,281 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,230,263 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,253,396 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,326,906 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,148,519 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,158,528 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,184,738 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,165,035 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,189,183 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,193,407 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,210,256 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,222,636 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,069,079 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,889,217 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,902,783 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,802,886 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,781,938 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,775,574 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,774,017 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,796,556 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,459,585 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,355,503 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,302,462 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,243,714 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,242,728 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,226,434 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,242,573 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,453,855 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,287,974 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,272,711 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,263,080 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,270,597 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,300,707 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,248,319 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,190,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,218,931 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,214,282 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 5,238,992 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,848,787 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,802,426 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,844,993 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,867,761 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,768,287 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,317,355 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,381,626 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,136,182 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 4,191,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | R$ 6,576,186 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of liability for insured events that have occurred but for which claims have yet not been reported by policyholders. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of liability for claims reported by policyholders as the result of the occurrence of insured events. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for premiums and claims, annuities and other policy benefits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of provisions arising from an assessment of whether the carrying amount of an insurance liability needs to be increased (or the carrying amount of related deferred acquisition costs or related intangible assets decreased), based on a review of future cash flows. [Refer: Carrying amount [member]; Provisions] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Non-Life, Life and Pension - Claims Net of Reinsurance Ceded (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | R$ 4,056,336 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 60,205 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,253,396 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,222,636 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 99,939 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,796,556 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 127,752 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2015 [Member] | Five years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,242,573 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 40,281 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,300,707 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 192,618 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,238,992 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 223,033 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,867,761 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 304,914 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,381,626 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 385,969 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,191,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 1,523,125 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 6,576,186 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 53,127,929 |
| Payments for premiums and claims, annuities and other policy benefits | (49,792,889) |
| Claims incurred but not reported | 3,335,040 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,865,451) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,193,191) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,149,687) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,696,617) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (5,114,821) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (5,147,056) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (5,046,374) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,644,728) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (4,076,712) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,805,191) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (5,053,061) |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 190,885 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,844,686 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,806,221 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,797,808 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,826,913 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,834,708 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,871,555 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,873,835 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,896,069 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,886,942 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,889,088 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,056,336 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,257,561 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,134,444 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,151,462 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,163,604 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,191,766 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,197,799 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,218,005 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,224,281 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,230,263 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,253,396 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,326,906 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,148,519 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,158,528 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,184,738 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,165,035 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,189,183 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,193,407 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,210,256 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,222,636 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,069,079 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,889,217 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,902,783 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,802,886 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,781,938 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,775,574 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,774,017 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,796,556 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,459,585 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,355,503 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,302,462 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,243,714 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,242,728 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,226,434 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,242,573 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,453,855 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,287,974 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,272,711 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,263,080 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,270,597 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,300,707 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,248,319 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,190,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,218,931 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,214,282 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 5,238,992 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,848,787 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,802,426 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,844,993 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,867,761 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,768,287 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,317,355 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,381,626 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,136,182 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,191,160 |
| Non Life Claims Net Of Reinsurance Ceded One [Member] | Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 6,576,186 |
| Non Life Claims Net Of Reinsurance Ceded 1 [Member] | Year claims were notified - 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 72,949 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - Until 2010 [Member] | Ten years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,706,914 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 16,464 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2012 [Member] | Eight years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,990,314 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 13,683 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2013 [Member] | Seven years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,897,755 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 29,828 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2014 [Member] | Six years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,564,844 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 36,649 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 153,651 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2016 [Member] | Four years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,823,085 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 34,670 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2017 [Member] | Three years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,702,598 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 51,513 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2018 [Member] | Two years after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,416,127 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 83,399 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2019 [Member] | One year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,861,552 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 107,697 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2020 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,417,343 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 905,275 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified 2021 [Member] | In the year after notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,938,968 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - Total [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims reported by policyholders | 36,253,639 |
| Payments for premiums and claims, annuities and other policy benefits | (34,907,347) |
| Claims incurred but not reported | 1,346,292 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,680,081) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2012 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,973,850) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2013 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,884,072) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2014 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,535,016) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2015 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,897,490) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2016 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,782,804) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2017 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,667,928) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2018 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,364,614) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2019 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,778,153) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2020 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (2,309,646) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Claims Gross Reinsurance Year Claims Were Notified Until 2021 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Payments for premiums and claims, annuities and other policy benefits | (3,033,693) |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Year claims were notified - 2011 [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Claims incurred but not reported | 26,833 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,653,641 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,617,957 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,609,034 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,629,288 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,639,629 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,670,472 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,673,132 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,686,379 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,688,317 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,683,677 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2011Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Ten Years After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,706,914 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,022,457 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,908,173 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,915,173 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,927,529 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,957,403 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,963,901 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,978,029 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,983,500 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,981,996 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2012Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsNineYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,990,314 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,021,084 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,849,909 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,832,016 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,874,862 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,868,888 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,884,539 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,893,423 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,894,891 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2013Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsEightYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,897,755 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,738,619 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,516,057 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,534,208 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,525,610 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,539,001 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,550,642 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,554,010 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2014Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSevenYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,564,844 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 4,044,061 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,929,714 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,898,947 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,920,278 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,932,723 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,925,687 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2015Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsSixYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,934,139 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,960,519 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,796,535 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,803,980 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,813,890 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,808,429 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2016Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFiveYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,823,085 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,710,845 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,702,199 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,715,400 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,695,185 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2017Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsFourYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,702,598 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,410,760 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,386,329 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsTwoYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,389,058 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2018Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsThreeYearsAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,416,127 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 3,281,789 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,831,845 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2019Member | Life Insurance Claims Net Reinsurance Amount Estimated For The Claims Two Year After Notification [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,861,552 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,345,716 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | LifeInsuranceClaimsNetReinsuranceYearClaimsWereNotified2020Member | LifeInsuranceClaimsNetReinsuranceAmountEstimatedForTheClaimsOneYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | 2,417,343 |
| Non-Life - Claims Net of Reinsurance Ceded [Member] | Life Insurance Claims Net Reinsurance Year Claims Were Notified 2021 [Member] | NonLifeClaimsNetOfReinsuranceCededInTheYearAfterNotificationMember | |
| IfrsStatementLineItems [Line Items] | |
| Provisions arising from liability adequacy tests | R$ 3,938,968 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of liability for insured events that have occurred but for which claims have yet not been reported by policyholders. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of liability for claims reported by policyholders as the result of the occurrence of insured events. [Refer: Types of insurance contracts [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The cash outflow for premiums and claims, annuities and other policy benefits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount of provisions arising from an assessment of whether the carrying amount of an insurance liability needs to be increased (or the carrying amount of related deferred acquisition costs or related intangible assets decreased), based on a review of future cash flows. [Refer: Carrying amount [member]; Provisions] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties). Below are the main assumptions used by the independent actuary in the (Details) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Nominal discount rate | 3.25% - 8.65% p.a. | 3.25% - 7.26% p.a. |
| Nominal rate of future salary increases | 3.25% p.a. | 3.25% p.a. |
| Nominal growth rate of social security benefits and plans | 3.25% p.a. | 3.25% p.a. |
| Initial rate of growth of medical costs | 7.38% - 7.90% p.a. | 7.38% - 8.41% p.a. |
| Inflation rate | 3.25% p.a. | 3.25% p.a. |
| Biometric table of overall mortality | AT 2000 and BR-SEM | AT 2000 and BR-SEM |
| Biometric table of entering disability | Per plan | Per plan |
| Expected turnover rate | ||
| Probability of entering retirement | 100% in the 1ª eligibility to a benefit by the plan | 100% in the 1ª eligibility to a benefit by the plan |
| X | ||||||||||
- Definition Risk factors - Biometric table of entering disability No definition available.
|
| X | ||||||||||
- Definition Risk factors - Biometric table of overall mortality No definition available.
|
| X | ||||||||||
- Definition Risk factors - Expected turnover rate No definition available.
|
| X | ||||||||||
- Definition Risk factors - Inflation rate No definition available.
|
| X | ||||||||||
- Definition Risk factors - Initial rate of growth of medical costs No definition available.
|
| X | ||||||||||
- Definition Risk factors - Nominal discount rate No definition available.
|
| X | ||||||||||
- Definition Risk factors - Nominal growth rate of social security benefits and plans No definition available.
|
| X | ||||||||||
- Definition Risk factors - Nominal rate of future salary increases No definition available.
|
| X | ||||||||||
- Definition Risk factors - Probability of entering retirement No definition available.
|
Considering the above assumptions, the present value of the actuarial obligations of the benefit plans and of its assets to cover these obligations, is represented below: (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Retirement Benefits [Member] | ||
| (i) Projected benefit obligations: | ||
| At the beginning of the year | R$ 3,182,128 | R$ 3,065,146 |
| Cost of current service | 305 | 546 |
| Interest cost | 215,259 | 212,033 |
| Participant’s contribution | 450 | 556 |
| Actuarial gain/(loss) (1) | (155,242) | 123,504 |
| Past service cost - plan changes | ||
| Early elimination of obligations | ||
| Benefit paid | (244,231) | (219,657) |
| At the end of the year | 2,998,669 | 3,182,128 |
| (ii) Plan assets at fair value: | ||
| At the beginning of the year | 2,759,745 | 2,716,865 |
| Expected earnings | 186,324 | 187,531 |
| Actuarial gain/(loss) (1) | (175,560) | 59,071 |
| Contributions received: | ||
| Employer | 28,025 | 15,150 |
| Employees | 450 | 556 |
| Benefit paid | (244,157) | (219,428) |
| At the end of the year | 2,554,827 | 2,759,745 |
| (iii) Changes in the unrecoverable surplus: | ||
| At the beginning of the year | 310 | 36,155 |
| Interest on irrecoverable surplus | 29 | 2,736 |
| Change in irrecoverable surplus (1) | 7,113 | (38,581) |
| At the end of the year | 7,452 | 310 |
| (iv) Financed position: | ||
| Deficit plans (2) | 451,294 | 422,693 |
| Surplus (deficit) in plan | 451,294 | 422,693 |
| Other Post Employment Benefits [Member] | ||
| (i) Projected benefit obligations: | ||
| At the beginning of the year | 966,430 | 917,870 |
| Cost of current service | ||
| Interest cost | 65,985 | 66,772 |
| Participant’s contribution | ||
| Actuarial gain/(loss) (1) | (146,763) | 13,671 |
| Past service cost - plan changes | ||
| Early elimination of obligations | (12,023) | |
| Benefit paid | (32,511) | (31,883) |
| At the end of the year | 841,118 | 966,430 |
| (ii) Plan assets at fair value: | ||
| At the beginning of the year | ||
| Expected earnings | ||
| Actuarial gain/(loss) (1) | ||
| Contributions received: | ||
| Employer | ||
| Employees | ||
| Benefit paid | ||
| At the end of the year | ||
| (iii) Changes in the unrecoverable surplus: | ||
| At the beginning of the year | ||
| Interest on irrecoverable surplus | ||
| Change in irrecoverable surplus (1) | ||
| At the end of the year | ||
| (iv) Financed position: | ||
| Deficit plans (2) | 841,118 | 966,430 |
| Surplus (deficit) in plan | R$ 841,118 | R$ 966,430 |
| X | ||||||||||
- Definition Change in irrecoverable surplus No definition available.
|
| X | ||||||||||
- Definition Contributions received: No definition available.
|
| X | ||||||||||
- Definition Early elimination of obligations No definition available.
|
| X | ||||||||||
- Definition (iii) Changes in the unrecoverable surplus No definition available.
|
| X | ||||||||||
- Definition (ii) Plan assets at fair value: No definition available.
|
| X | ||||||||||
- Definition (i) Projected benefit obligations: No definition available.
|
| X | ||||||||||
- Definition (iv) Financed position: No definition available.
|
| X | ||||||||||
- Definition Interest on the irrecoverable surplus No definition available.
|
| X | ||||||||||
- Definition Past service cost - plan changes No definition available.
|
| X | ||||||||||
- Definition Plan assets at fair value - Actuarial gain/(loss) No definition available.
|
| X | ||||||||||
- Definition Plan assets comprise - Expected earnings No definition available.
|
| X | ||||||||||
- Definition Plans in deficit No definition available.
|
| X | ||||||||||
- Definition Projected benefit obligations - Benefit paid No definition available.
|
| X | ||||||||||
- Definition Unrecoverable surplus No definition available.
|
| X | ||||||||||
- Definition The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions that result in remeasurements of the net defined benefit liability (asset). Financial assumptions deal with items such as: (a) the discount rate; (b) benefit levels, excluding any cost of the benefits to be met by employees, and future salary; (c) in the case of medical benefits, future medical costs, including claim handling costs (ie the costs that will be incurred in processing and resolving claims, including legal and adjuster's fees); and (d) taxes payable by the plan on contributions relating to service before the reporting date or on benefits resulting from that service. [Refer: Net defined benefit liability (asset)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of assets of a retirement benefit plan less liabilities other than the actuarial present value of promised retirement benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of benefits paid or payable for retirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of employee contributions to retirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of employer contributions to retirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of liabilities other than the actuarial present value of promised retirement benefits in retirement benefit plans. [Refer: Actuarial present value of promised retirement benefits] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The fair value of any plan assets, less the present value of the defined benefit obligation. [Refer: Plan assets [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The net cost/(benefit) of the Pension Plans recognized in the consolidated statement of income includes the following components: (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Cost of service | R$ 1,325 | R$ 546 | R$ (2,689) |
| Cost of interest on actuarial obligations | 281,184 | 278,805 | 282,997 |
| Expected earnings from the assets of the plan | (186,324) | (187,531) | (208,122) |
| Interest on irrecoverable surplus | 29 | 2,736 | 4,981 |
| Net cost/(benefit) of the Pension Plans | R$ 96,214 | R$ 94,556 | R$ 77,167 |
| X | ||||||||||
- Definition Expected earnings from the assets of the plan No definition available.
|
| X | ||||||||||
- Definition Interest on recoverable surplus No definition available.
|
| X | ||||||||||
- Definition Net cost/(benefit) of the pension plans No definition available.
|
| X | ||||||||||
- Definition Projected benefit obligations - Cost of interest on actuarial obligations No definition available.
|
| X | ||||||||||
- Definition Projected benefit obligations - Cost of service No definition available.
|
Maturity profile of the present value of the obligations of the benefit plans defined for the next years: (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
Number
| |
| Retirement Benefits [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Weighted average duration (years) | Number | 11.06 |
| 2022 | R$ 258,010 |
| 2023 | 262,825 |
| 2024 | 267,545 |
| 2025 | 271,811 |
| 2026 | 275,566 |
| After 2027 | R$ 1,413,941 |
| Other Post Employment Benefits [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Weighted average duration (years) | Number | 12.19 |
| 2022 | R$ 44,629 |
| 2023 | 46,503 |
| 2024 | 49,876 |
| 2025 | 53,346 |
| 2026 | 57,194 |
| After 2027 | R$ 343,687 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Present value of the obligations of the benefit plans defined - 2022 No definition available.
|
| X | ||||||||||
- Definition Present value of the obligations of the benefit plans defined - 2023 No definition available.
|
| X | ||||||||||
- Definition Present value of the obligations of the benefit plans defined - 2024 No definition available.
|
| X | ||||||||||
- Definition Present value of the obligations of the benefit plans defined - 2025 No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Weighted average duration (years) No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The assets of Pension Plans are invested in compliance with the applicable legislation (government securities and private securities, listed company shares and real estate properties) and the weighted-average allocation of the pension plan’s assets by cat (Details) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Assets Of The Alvorada Plan [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Equities | 10.40% | |
| Fixed income | 8270.00% | 9130.00% |
| Real estate | 5.00% | 5.60% |
| Other | 1.90% | 3.10% |
| Total | 100.00% | 100.00% |
| Assets Of The Bradesco Plan [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Equities | 8.90% | 3.80% |
| Fixed income | 8410.00% | 9190.00% |
| Real estate | 1.60% | 2.60% |
| Other | 5.40% | 1.70% |
| Total | 100.00% | 100.00% |
| Assets Of The Losango Plan [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Equities | 13.30% | |
| Fixed income | 8670.00% | 10000.00% |
| Total | 100.00% | 100.00% |
| Assets Of The Kirton Plan [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Fixed income | 8440.00% | 10000.00% |
| Real estate | 15.60% | |
| Total | 100.00% | 100.00% |
| X | ||||||||||
- Definition Asset categories - Equities No definition available.
|
| X | ||||||||||
- Definition Asset categories - Fixed income No definition available.
|
| X | ||||||||||
- Definition Asset categories - Other No definition available.
|
| X | ||||||||||
- Definition Asset categories - Properties No definition available.
|
| X | ||||||||||
- Definition Asset categories - Total No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Below is the sensitivity analysis of the benefits plan obligations, showing the impact on the actuarial exposure (7.38% – 8.65% p.a.) assuming a change in the discount rate and medical inflation by 1 b.p. (Details) R$ in Thousands |
12 Months Ended |
|---|---|
|
Dec. 31, 2021
BRL (R$)
| |
| Sensitivity Analysis Increase Of 1 PP [Member] | Discount Rate [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Rate | 6.87% - 8.26% |
| Effect on actuarial liabilities | reduction |
| Effect on the present value of the obligations | R$ (393,887) |
| Sensitivity Analysis Increase Of 1 PP [Member] | Medical Inflation [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Rate | 8.38% - 9.41% |
| Effect on actuarial liabilities | increase |
| Effect on the present value of the obligations | R$ 113,797 |
| Sensitivity Analysis Decrease Of 1 PP [Member] | Discount Rate [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Rate | 4.87% - 6.26% |
| Effect on actuarial liabilities | increase |
| Effect on the present value of the obligations | R$ 470,116 |
| Sensitivity Analysis Decrease Of 1 PP [Member] | Medical Inflation [Member] | |
| IfrsStatementLineItems [Line Items] | |
| Rate | 6.38% - 7.41% |
| Effect on actuarial liabilities | reduction |
| Effect on the present value of the obligations | R$ (95,008) |
| X | ||||||||||
- Definition Effect on the present value of the obligations No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Rate No definition available.
|
| X | ||||||||||
- Definition The description of methods and assumptions used when preparing a sensitivity analysis for types of market risk to which the entity is exposed. [Refer: Market risk [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Changes in other provision (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Changes In Other Provision Labor [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Balance on | R$ 6,729,107 | R$ 6,890,498 | R$ 7,346,067 |
| Adjustment for inflation | 799,803 | 960,812 | |
| Provisions, net of (reversals and write-offs) | 1,044,511 | 663,547 | |
| Payments | (2,005,705) | (2,079,928) | |
| Changes In Other Provision Civil [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Balance on | 9,178,471 | 9,092,421 | 8,685,793 |
| Adjustment for inflation | 484,516 | 696,997 | |
| Provisions, net of (reversals and write-offs) | 1,734,207 | 1,609,720 | |
| Payments | (2,132,673) | (1,900,089) | |
| Changes In Other Provision Tax [Member] | |||
| IfrsStatementLineItems [Line Items] | |||
| Balance on | 8,072,037 | 8,271,112 | R$ 8,390,085 |
| Adjustment for inflation | 176,903 | 147,683 | |
| Provisions, net of (reversals and write-offs) | (351,476) | (256,489) | |
| Payments | R$ (24,502) | R$ (10,167) | |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The increase in other provisions resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Other provisions] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The increase (decrease) in other provisions. [Refer: Other provisions] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount used (ie incurred and charged against the provision) for other provisions. [Refer: Other provisions] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Lease liabilities (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|||||||
| Financial liabilities | R$ 86,407,304 | R$ 75,528,047 | ||||||
| Credit card transactions () | [1] | 27,368,218 | 23,522,792 | |||||
| Foreign exchange transactions () | [2] | 36,784,241 | 26,365,058 | |||||
| Loan assignment obligations | 5,199,819 | 6,098,991 | ||||||
| Capitalization bonds | 8,400,640 | 8,570,919 | ||||||
| Securities trading | 3,992,900 | 5,877,144 | ||||||
| Lease liabilities (Note 37a) | 4,661,486 | 5,093,143 | ||||||
| Other liabilities | 35,683,882 | 39,515,233 | ||||||
| Third party funds in transit () | [3] | 7,831,919 | 7,873,642 | |||||
| Provision for payments | 9,065,571 | 7,876,749 | ||||||
| Sundry creditors | 4,389,071 | 4,435,990 | ||||||
| Social and statutory | 504,418 | 3,747,682 | ||||||
| Other taxes payable | 2,535,903 | 2,257,376 | ||||||
| Liabilities for acquisition of assets and rights | 1,375,489 | 1,582,134 | ||||||
| Other | 9,981,511 | 11,741,660 | ||||||
| Total | 122,091,186 | 115,043,280 | ||||||
| Opening balance | 5,093,143 | 5,724,960 | ||||||
| Remeasurement and new contracts | 776,400 | 622,085 | ||||||
| Payments | (1,685,513) | (1,797,408) | ||||||
| Appropriation of financial charges | 462,399 | 476,215 | ||||||
| Exchange variation | 15,057 | 67,291 | ||||||
| [custom:LeaseLiabilities1-0] | 5,093,143,000 | |||||||
| Lease liabilities | R$ 4,661,486,000 | R$ 5,093,143 | ||||||
| ||||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of payment due on social security and taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition A component of equity representing reserves created based on legal requirements. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
OTHER LIABILITIES (Details Narrative) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Subordinated debts recognized in "Eligible Debt Capital Instruments" | R$ 977,027 | R$ 942,039 |
| Amount of leases | 3,329,764 | 2,760,546 |
| Maturity of the leases | 828,633 | 1,575,473 |
| Expenses of depreciation | 725,690 | 839,177 |
| Interest and similar expenses | 462,399 | 476,215 |
| Foreign exchange variation | 15,057 | 67,291 |
| Short-term contracts | R$ 1,440 | R$ 1,695 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Composition of share capital in number of shares (Details) - shares |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| IfrsStatementLineItems [Line Items] | ||
| Subtotal - Securities purchased under agreements to resell | 9,719,079,572 | 8,870,212,686 |
| Total outstanding shares | 9,689,534,572 | 8,835,526,885 |
| Ordinary shares [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Subtotal - Securities purchased under agreements to resell | 4,870,579,247 | 4,435,106,575 |
| Total outstanding shares | 4,853,085,347 | 4,427,799,316 |
| Preference shares [member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Subtotal - Securities purchased under agreements to resell | 4,848,500,325 | 4,435,106,111 |
| Total outstanding shares | 4,836,449,225 | 4,407,727,569 |
| Treasury Common Shares [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Total outstanding shares | (17,493,900) | (7,307,259) |
| Treasury Preferred Shares [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Total outstanding shares | (12,051,100) | (27,378,542) |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The number of shares issued by the entity, for which full payment has been received. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Changes in share capital, in number of shares (Details) R$ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2021
BRL (R$)
shares
| ||||
| IfrsStatementLineItems [Line Items] | ||||
| Number of outstanding shares as at December 31, 2020 | 8,835,526,885 | |||
| Increase of capital stock with issuing of shares – bonus of 10% | 883,552,687,000 | [1] | ||
| Acquisition of treasury shares | R$ | R$ (29,545,000) | |||
| Number of outstanding shares on December 31, 2021 | 9,689,534,572 | |||
| Ordinary shares [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Number of outstanding shares as at December 31, 2020 | 4,427,799,316 | |||
| Increase of capital stock with issuing of shares – bonus of 10% | 442,779,931,000 | [1] | ||
| Acquisition of treasury shares | R$ | R$ (17,493,900) | |||
| Number of outstanding shares on December 31, 2021 | 4,853,085,347 | |||
| Preference shares [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Number of outstanding shares as at December 31, 2020 | 4,407,727,569 | |||
| Increase of capital stock with issuing of shares – bonus of 10% | 440,772,756,000 | [1] | ||
| Acquisition of treasury shares | R$ | R$ (12,051,100) | |||
| Number of outstanding shares on December 31, 2021 | 4,836,449,225 | |||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Interest on shareholders’ equity/dividends were paid or recognized in provisions, as follows: (Details) - BRL (R$) R$ / shares in Units, R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
|---|---|---|
| Monthly Interest On Shareholders' Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount paid | R$ 2,040,090 | R$ 1,861,951 |
| Withholding Income Tax (IRRF) (15%) | 306,013 | 279,293 |
| Net amount paid | 1,734,077 | 1,582,658 |
| Supplementary Interest On Shareholders' Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount paid | 200,000 | 3,686,020 |
| Withholding Income Tax (IRRF) (15%) | 30,000 | 552,903 |
| Net amount paid | 170,000 | 3,133,117 |
| Total Accrued [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount paid | 9,240,090 | 5,547,971 |
| Withholding Income Tax (IRRF) (15%) | 1,086,013 | 832,196 |
| Net amount paid | 8,154,077 | R$ 4,715,775 |
| Intermediary Interest On Shareholders Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount paid | 5,000,000 | |
| Withholding Income Tax (IRRF) (15%) | 750,000 | |
| Net amount paid | 4,250,000 | |
| Extraordinary Dividends Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Gross amount paid | 2,000,000 | |
| Net amount paid | R$ 2,000,000 | |
| Ordinary shares [member] | Monthly Interest On Shareholders' Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | R$ 0.206998 | R$ 0.206998 |
| Ordinary shares [member] | Supplementary Interest On Shareholders' Equity Provisioned [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.01966 | 0.397359 |
| Ordinary shares [member] | Total Accrued [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.913260 | 0.604357 |
| Ordinary shares [member] | Intermediary Interest On Shareholders Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.490007 | |
| Ordinary shares [member] | Extraordinary Dividends Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.196595 | |
| Preference shares [member] | Monthly Interest On Shareholders' Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.227698 | 0.227698 |
| Preference shares [member] | Supplementary Interest On Shareholders' Equity Provisioned [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.021625 | 0.437094 |
| Preference shares [member] | Total Accrued [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 1.004586 | R$ 0.664792 |
| Preference shares [member] | Intermediary Interest On Shareholders Equity Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | 0.539008 | |
| Preference shares [member] | Extraordinary Dividends Paid [Member] | ||
| IfrsStatementLineItems [Line Items] | ||
| Per share (gross) | R$ 0.216255 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Gross Amount Paid No definition available.
|
| X | ||||||||||
- Definition Net Amount Paid No definition available.
|
| X | ||||||||||
- Definition Withholding Income Tax (IRRF) (15%) No definition available.
|
| X | ||||||||||
- Definition Per Share (Gross) No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
The transactions are carried out under conditions and at rates consistent with those entered into with third parties at that time. The transactions are as follows: (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Assets | ||
| Loans and advances to banks | R$ 431,132 | R$ 186,504 |
| Securities and derivative financial instruments | 359,430 | 712,258 |
| Loans and other assets | 314,116 | 454,421 |
| Liabilities | ||
| Customer and financial institution resources | 4,485,330 | 2,951,628 |
| Securities and subordinated debt securities | 14,942,519 | 12,182,692 |
| Derivative financial instruments | 34,815 | 32,219 |
| Other liabilities (4) | 12,370,798 | 12,022,547 |
| Revenues and expenses | ||
| Net interest income | (871,667) | (675,133) |
| Income from services provided | 103,454 | 98,784 |
| Other expenses net of other operating revenues | (1,504,492) | (1,496,072) |
| Controllers [Member] | ||
| Assets | ||
| Loans and advances to banks | ||
| Securities and derivative financial instruments | 113,137 | 62,326 |
| Loans and other assets | 11 | 16 |
| Liabilities | ||
| Customer and financial institution resources | 3,449,443 | 2,129,974 |
| Securities and subordinated debt securities | 14,179,462 | 11,480,275 |
| Derivative financial instruments | 32,219 | |
| Other liabilities (4) | 54,732 | 1,195,928 |
| Revenues and expenses | ||
| Net interest income | (789,018) | (448,376) |
| Income from services provided | 159 | 109 |
| Other expenses net of other operating revenues | 64,417 | 58,434 |
| Joint Control And Associated Companies [Member] | ||
| Assets | ||
| Loans and advances to banks | 431,132 | 186,504 |
| Securities and derivative financial instruments | 246,293 | 649,932 |
| Loans and other assets | 127,391 | 334,746 |
| Liabilities | ||
| Customer and financial institution resources | 739,151 | 677,839 |
| Securities and subordinated debt securities | ||
| Derivative financial instruments | 34,815 | |
| Other liabilities (4) | 12,285,329 | 10,808,025 |
| Revenues and expenses | ||
| Net interest income | (37,812) | (181,754) |
| Income from services provided | 103,150 | 98,556 |
| Other expenses net of other operating revenues | (1,687,257) | (1,644,088) |
| Key management personnel of entity or parent [member] | ||
| Assets | ||
| Loans and advances to banks | ||
| Securities and derivative financial instruments | ||
| Loans and other assets | 186,714 | 119,659 |
| Liabilities | ||
| Customer and financial institution resources | 296,736 | 143,815 |
| Securities and subordinated debt securities | 763,057 | 702,417 |
| Derivative financial instruments | ||
| Other liabilities (4) | 30,737 | 18,594 |
| Revenues and expenses | ||
| Net interest income | (44,837) | (45,003) |
| Income from services provided | 145 | 119 |
| Other expenses net of other operating revenues | R$ 118,348 | R$ 89,582 |
| X | ||||||||||
- Definition Revenues and expenses No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Customer and financial institution resources No definition available.
|
| X | ||||||||||
- Definition Transactions With Related Parties Derivative Financial Instruments No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Loans and advances to banks No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Net Interest income No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Other assets No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Other expenses No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Other liabilities No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Other revenues No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Securities and derivative financial instruments No definition available.
|
| X | ||||||||||
- Definition Transactions with related parties - Securities and subordinated debt securities No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
Short-term benefits for Management (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Salaries | R$ 892,580 | R$ 534,696 | R$ 852,862 |
| Total | R$ 892,580 | R$ 534,696 | R$ 852,862 |
| X | ||||||||||
- Definition Short-term benefits for management - Salaries No definition available.
|
| X | ||||||||||
- Definition The amount of compensation to key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Post-employment benefits (Details) - BRL (R$) R$ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
|
| Defined contribution supplementary Pension Plans | R$ 516,118 | R$ 513,082 | R$ 468,079 |
| Total | R$ 516,118 | R$ 513,082 | R$ 468,079 |
| X | ||||||||||
- Definition Post-employment benefits - Defined contribution supplementary pension plans No definition available.
|
| X | ||||||||||
- Definition The amount of compensation to key management personnel in the form of post-employment benefits. [Refer: Key management personnel of entity or parent [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
Together directly, members of the Board of Directors and the Board of the Executive Officers had the following shareholding in Bradesco: (Details) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Common shares | 0.33% | 0.53% |
| Preferred shares | 0.80% | 0.91% |
| Total shares | 0.57% | 0.72% |
| X | ||||||||||
- Definition Equity participation - Common shares No definition available.
|
| X | ||||||||||
- Definition Equity participation - Preferred shares No definition available.
|
| X | ||||||||||
- Definition Equity participation - Total shares No definition available.
|
Total risk represented by off-balance sheet commitments (Details) - BRL (R$) R$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
||||
|---|---|---|---|---|---|---|
| Commitments to extend credit | [1] | R$ 309,104,025 | R$ 254,897,024 | |||
| Financial guarantees | [2] | 83,467,093 | 80,236,602 | |||
| Letters of credit for imports | 1,233,034 | 1,056,613 | ||||
| Total | R$ 393,804,152 | R$ 336,190,239 | ||||
| ||||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
Composition of the values of acquisition of BAC Florida and its subsidiaries and goodwill in the acquisition of shares (Details) R$ in Thousands |
Dec. 31, 2021
BRL (R$)
|
|||
|---|---|---|---|---|
| Other Information | ||||
| Payment to BAC Florida | R$ 3,161,724 | |||
| Total cost of acquisition | 3,161,724 | |||
| - Fair value of net assets acquired (provisional amount) | 1,595,336 | [1] | ||
| - Identifiable intangible assets | 1,003,266 | |||
| - Goodwill on the acquisition of shares | R$ 563,122 | |||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount recognised as of the business combination's acquisition date for goodwill. [Refer: Goodwill; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
Provisional amounts for the assets and liabilities - BAC Florida Bank (Details) R$ in Thousands |
Dec. 31, 2021
BRL (R$)
|
|---|---|
| Assets | |
| Cash and due from banks | R$ 2,385,237 |
| Securities and derivative financial instruments | 1,158,008 |
| Loans | 9,337,171 |
| Property and equipment | 39,779 |
| Intangibles | 13,073 |
| Other assets | 408,724 |
| Total assets | 13,341,992 |
| Liabilities | |
| Deposits from customers | 10,951,685 |
| Other liabilities | 794,971 |
| Shareholders’ equity | 1,595,336 |
| Total | R$ 13,341,992 |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount recognised as of the acquisition date for cash and cash equivalents acquired in a business combination. [Refer: Cash and cash equivalents; Business combinations [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The amount recognised as of the acquisition date for financial assets acquired in a business combination. [Refer: Financial assets; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The amount recognised as of the acquisition date for financial liabilities assumed in a business combination. [Refer: Financial liabilities; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount recognised as of the acquisition date for plant, property and equipment acquired in a business combination. [Refer: Property, plant and equipment; Business combinations [member]] Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
The following intangible assets of defined useful life not recognized in BAC Florida Bank’s individual financial statement and goodwill were recognized in the consolidated financial statements (Details) R$ in Thousands, Number in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2021
BRL (R$)
Number
| ||||
| IfrsStatementLineItems [Line Items] | ||||
| Intangibles not recognized in the financial statement | R$ 1,566,388 | |||
| Customer-related intangible assets [member] | Income approach [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Intangibles not recognized in the financial statement | R$ 209,690 | |||
| Useful life measured in production or other similar units, intangible assets other than goodwill | Number | 204 | |||
| Other intangible assets [member] | Income approach [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Intangibles not recognized in the financial statement | R$ 484,144 | [1] | ||
| Useful life measured in production or other similar units, intangible assets other than goodwill | Number | 215 | [1] | ||
| Licences [member] | Market approach [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Intangibles not recognized in the financial statement | R$ 309,432 | |||
| Useful life measured in production or other similar units, intangible assets other than goodwill | Number | 60 | |||
| Goodwill [member] | ||||
| IfrsStatementLineItems [Line Items] | ||||
| Intangibles not recognized in the financial statement | R$ 563,122 | |||
| ||||
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The useful life, measured in production or other similar units, used for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|
OTHER INFORMATION (Details Narrative) |
12 Months Ended |
|---|---|
Dec. 31, 2021 | |
| IfrsStatementLineItems [Line Items] | |
| Growth rate | 4.24% |
| Iinflation rate | 2.20% |
| Real growth rate | 2.00% |
| Discount rate applied to cash flow projections | 8.93% |
| Other Currency U S D [Member] | |
| IfrsStatementLineItems [Line Items] | |
| [custom:DescriptionSeniorNotesInTheInternationalMarket] | On January 18, 2022, Bradesco announced to the market, the issuance of its first Sustainable Bond linked to socio-environmental criteria, worth US$500 million, as a sustainable international funding of senior debt, with a 60-month term and a coupon of 4.375% per annum. |
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition The discount rate applied to cash flow projections for a cash-generating unit (group of units). [Refer: Cash-generating units [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The growth rate used to extrapolate cash flow projections beyond the period covered by the most recent budgets/forecasts for a cash-generating unit (group of units). [Refer: Cash-generating units [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|