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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 July, 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 the consolidated financial statements published by Banco de Chile in a local newspaper on July 31, 2008, for the three months ended June 30, 2008.


BANCO DE CHILE AND SUBSIDIARIES

___________

CONSOLIDATED FINANCIAL STATEMENTS
As of June 30, 2008


BANCO DE CHILE AND SUBSIDIARIES
____________

CONTENTS

  I.  Consolidated Financial Statement 
  II.  Consolidated Statement of Income 
       
____________
       
  = Chilean pesos    
  MM$  = Millions of Chilean pesos   


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENT

As of June, 30 2008

______________

   ASSETS       MM$ 
 
 
Cash and due from banks  613,972 
Transactions in the course of collection  608,362 
Trading securities  987,570 
Securities purchased under agreements to resell  39,680 
Derivate instruments  724,608 
Loans and advance to banks  271,100 
Loans and accounts receivables to customers  12,185,794 
Available for sale instruments  319,526 
Held to maturity instruments  — 
Investments in other affiliates  10,718 
Intangibles assets  30,362 
Fixed assets  199,054 
Deferred tax assets  74,847 
Other assets  226,104 
 
                         TOTAL ASSETS  16,291,697 
 
 

1


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENT
As of June, 30 2008

______________

   LIABILITIES  MM$ 
 
Current accounts and demand deposits  2,842,917 
Transactions in the course of payment  299,516 
Securities sold under agreements to repurchase  425,502 
Saving accounts and time deposits  7,487,360 
Derivate instruments  721,399 
Borrowings from financial institutions  1,209,055 
Debt issued  1,704,041 
Other financial obligations  79,215 
Current tax liabilities  8,054 
Deferred tax liabilities  36,529 
Provisions  160,635 
Other liabilities  117,533 
 
                                 TOTAL LIABILITIES  15,091,756 
 
 
 
 
   EQUITY   
 
 
Attributable to equity holders of the parent:   
Capital  1,016,335 
Reserves  144,964 
Others accounts  (5,345)
Retained earnings:   
     Retained earnings from previous periods  7,354 
     Income for the period  122,084 
     Less:   
                 Provisions for minimum dividends  (85,459)
 
  1,199,933 
Minority interest 
 
 
                                 TOTAL EQUITY  1,199,941 
 
                                             TOTAL LIABILITIES AND EQUITY  16,291,697 
 
 

2


     BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF INCOME
As of June, 30 2008

______________

  MM$ 
Interest revenue  694,263 
Interest expense  (365,157)
 
                                   Net interest revenue  329,106 
 
Income from fees and commission  132,003 
Expenses from fees and commission  (27,311)
 
                                   Net fees and commission  104,692 
 
Gains (losses) from trading and brokerage activities  65,260 
Foreign exchange transactions, net  (42,393)
Other operating income  66,013 
 
TOTAL OPERATING REVENUE  522,678 
 
Provision for loan losses  (61,117)
 
 
NET OPERATING REVENUE  461,561 
 
Staff expenses  (170,529)
Administrative expenses  (81,525)
Depreciation and amortization  (18,357)
Impairments  — 
Other operational expenses  (25,873)
 
TOTAL OPERATING EXPENSES  (296,284)
 
 
OPERATING INCOME  165,277 
 
Income attributable to affiliates  2,592 
Loss form price-level restatements  (28,336)
 
Income before income taxes  139,533 
Income taxes  (17,450)
 
Income from continuous operations  122,083 
Income from discontinued operations  — 
 
 
INCOME FOR THE PERIOD  122,083 
 
 
 
Attributable to:   
         Equity holders of the parent  122,084 
         Minority interest  (1)
 
  $ 
Earning per share equity holders of the parent:   
         Basic earnings  1.51 
         Diluted earnings  1.51 

3


NOTE TO CONSOLIDATED FINANCIAL STATEMENT:

1. RELEVANTS EVENTS

On January 1, 2008, the merger of Banco de Chile and Citibank Chile became effective, with the former assuming the assets and liabilities of the latter.  Consequently, as of that date, Banco de Chile is the legal successor of Citibank Chile.

2. CHANGES IN ACCOUNTING PRINCIPLES

On November 9, 2007, the Chilean Superintendency of Banks and Financial Institutions issued Circular No. 3,410, through which it enacted the new Compendium of Accounting Standards that Banks must comply with, in the context of convergence with International Financial Reporting Standards (IFRS) developed by this Superintendency.  This Compendium establishes, among other matters, the monthly and annual financial statement presentation formats that the Banks must apply starting on January 1, 2008.  These new criteria will only affect financial statement presentation and will not affect the accounting criteria used by the Bank during 2008. This compendium in its transitory dispositions, does not establishes any obligation for disclosure of comparative financial statement in intermediate periods.

Additionally, the mentioned circular established the obligation to arise a provision for minimum dividends.

“The consolidated financial statements, consolidated statement of income, consolidated statement of changes in equity and consolidated statements of cash flows are available at www.bancochile.cl, as well as at Banco de Chile Principal Offices”.

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

4


 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



Date: July 31, 2008

 
Banco de Chile
 
 
/S/ Fernando Cañas Berkowitz
By:  
Fernando Cañas Berkowitz
President and CEO