---

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

     Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of February, 2008

Commission File Number 001-15266

BANK OF CHILE
(Translation of registrant's name into English)

Ahumada 251
Santiago, Chile
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F___X___ Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7): ____

Indicate by check mark whether by furnishing the information contained in this Form, the
registrant is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.

Yes____ No___X___

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________

---

BANCO DE CHILE
REPORT ON FORM 6-K

Attached is an English translation of Banco de Chile and Subsidiaries Consolidated Financial Statements as of December 31, 2007 and 2006, published in a local newspapers on February 19, 2008.

---

Banco de Chile and Subsidiaries

 

Consolidated Financial Statements
as of December 31, 2007 and 2006

 

---

BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31,
(Expressed in million of Chilean pesos)
________________

ASSETS		2007		2006
		MCh$		MCh$
CASH AND DUE FROM BANKS		773,360.9		1,309,284.9
LOANS:
Commercial loans		4,981,777.0		4,264,756.1
Foreign trade loans		868,746.6		727,415.9
Consumer loans		1,257,737.7		1,151,675.9
Mortgage loans		471,508.8		624,228.3
Leasing contracts		651,725.9		579,075.0
Contingent loans		1,268,807.7		1,060,375.1
Other outstanding loans		2,223,875.4		1,821,933.2
Past due loans		61,327.5		66,249.8
Total loans		11,785,506.6		10,295,709.3
Allowance for loan losses		(161,139.9)		(155,707.0)
Total loans, net		11,624,366.7		10,140,002.3
OTHER LOANS:
Interbank loans		28,419.0		46,202.8
Investments purchased under agreements to resell		69,129.8		57,258.7
Total other loans		97,548.8		103,461.5
TRADING SECURITIES		1,247,481.3		1,285,977.6
INVESTMENTS:
Available for sale		-		43,031.1
Held to maturity		-		17,187.2
Total investments		-		60,218.3
DERIVATIVE INSTRUMENTS		81,112.2		54,238.0
OTHER ASSETS		620,119.8		580,201.4
FIXED ASSETS:
Bank premises and equipment, net		169,163.8		162,901.0
Investments in other companies		7,357.0		8,262.0
Total fixed assets		176,520.8		171,163.0
Total assets		14,620,510.5		13,704,547.0

---

BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31,
(Expressed in million of Chilean pesos)
________________

LIABILITIES AND SHAREHOLDERS’ EQUITY		2007		2006
		MCh$		MCh$
DEPOSITS AND OTHER LIABILITIES:
Current accounts		1,961,429.7		1,867,656.4
Time deposits		6,694,561,4		6,375,059.9
Other demand and time deposits		517,533.1		550,312.2
Securities sold under agreements to repurchase		301,979.1		329,562.6
Mortgage finance bonds		397,333.2		512,982.1
Contingent liabilities		1,267,706.0		1,061,497.6
Total deposits and other liabilities		11,140,542.5		10,697,070.8
BONDS ISSUED:
Bonds		772,801.1		595,287.9
Subordinated bonds		446,395.0		435,982.1
Total bonds issued		1,219,196.1		1,031,270.0
BORROWINGS FROM FINANCIAL INSTITUTIONS
AND CENTRAL BANK:
Central Bank credit lines for renegotiation of loans		513.1		885.5
Borrowings from domestic financial institutions		73,947.5		94,792.1
Foreign borrowings		782,868.3		635,349.4
Other liabilities		58,490.2		28,388.0
Total borrowings from financial institutions and
Central Bank		915,819.1		759,415.0
DERIVATIVE INSTRUMENTS		120,162.5		75,131.5
OTHER LIABILITIES		173,397.1		245,264.5
Total liabilities		13,569,117.3		12,808,151.8
MINORITY INTEREST		0.5		1.9
SHAREHOLDERS’ EQUITY:
Capital and reserves		813,159.5		688,369.8
Other equity accounts		(4,054.5)		(1,672.5)
Net income for the year		242,287.7		209,696.0
Total shareholders’ equity		1,051,392.7		896,393.3
Total liabilities and shareholders’ equity		14,620,510.5		13,704,547.0

---

BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME AS OF DECEMBER 31,
(Expressed in million of Chilean pesos)
________________

		2007		2006
		MCh$		MCh$
OPERATING RESULTS:
Interest revenue		1,170,098.0		835,200.4
Gains from trading activities		5,329.8		43,755.3
Income from fees and other services		216,751.0		197,178.6
Gains from foreign exchange transactions		18,062.4		-
Other operating income		8,023.8		9,664.9
Total operating revenues		1,418,265.0		1,085,799.2
Less:
Interest expense		(631,632.6)		(399,789.5)
Losses from trading activities		(38,739.2)		(8,763.9)
Expenses from fees and other services		(46,008.0)		(44,408.6)
Loss from foreign exchange transactions		-		(11,601.7)
Other operating expenses		(10,277.4)		(18,904.6)
Gross margin		691,607.8		602,330.9
Personnel salaries and expenses		(192,010.7)		(169,373.7)
Administrative and other expenses		(118,169.2)		(132,172.5)
Depreciation and amortization		(25,396.2)		(22,690.1)
Net margin		356,031.7		278,094.6
Provision for loan losses		(52,943.2)		(36,787.3)
Total operating income		303,088.5		241,307.3
NON OPERATING RESULTS:
Non operating income		18,644.5		17,798.1
Non operating expenses		(12,530.5)		(15,479.0)
Equity participation in net income (loss) in investments in other companies		(2,047.1)		1,107.4
Net loss from price-level restatement		(37,947.6)		(9,157.4)
Income before income taxes		269,207.8		235,576.4
Income taxes		(26,919.9)		(25,879.4)
Income after income taxes		242,287.9		209,697.0
Minority interest		(0.2)		(1.0)
Net income for the year		242,287.7		209,696.0

“The complete financial statements, together with their respective notes and the corresponding report of the external auditors, are available at www.bancochile.cl, as well as at Banco de Chile Principal Offices”

Héctor Hernández G.		Fernando Cañas B.
General Accounting Manager		Chief Executive Officer

---

---