Composition | December 31, 2017 | December 31, 2016 |
In millions of COP | ||
Commercial (1) | 88,997,241 | 86,259,708 |
Consumer | 27,646,114 | 23,925,279 |
Mortgage | 20,512,208 | 19,155,852 |
Financial Leases | 22,248,951 | 21,343,923 |
Small Business Loans | 1,063,580 | 1,062,724 |
Total gross loans and Financial Leases | 160,468,094 | 151,747,486 |
Total allowance | (8,223,103) | (6,621,911) |
Total Net Loans and financial leases | 152,244,991 | 145,125,575 |
(1) | Includes loans to financial institutions amounting to COP 7,862,401 and COP 6,217,825 as of December 31, 2017 and December 31, 2016, respectively. |