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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, 2006

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- ________

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BANCO DE CHILE
REPORT ON FORM 6-K

Attached is an English translation of a press release published by Banco de Chile in local newspapers on July 28, 2006, regarding consolidated financial statements as of June 30, 2006 and 2005.

 

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Banco de Chile and Subsidiaries

Consolidated Financial Statements
as of June 30, 2006 and 2005

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     BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS AS OF JUNE 30,
(Expressed in million of Chilean pesos)
________________

ASSETS		2006		2005
		MCh$		MCh$
CASH AND DUE FROM BANKS		1,002,480.6		1,254,701.7
LOANS:
Commercial loans		3,664,928.5		3,199,181.2
Foreign trade loans		677,872.8		727,106.7
Consumer loans		956,506.5		782,805.4
Mortgage loans		623,231.9		739,843.2
Leasing contracts		478,330.2		409,481.2
Contingent loans		895,279.0		655,633.9
Other outstanding loans		1,421,301.6		1,168,929.1
Past due loans		66,130.9		85,043.3
Total loans		8,783,581.4		7,768,024.0
Allowance for loan losses		(142,427.4)		(144,308.8)
Total loans, net		8,641,154.0		7,623,715.2
OTHER LOANS:
Interbank loans		-		7,822.4
Investments purchased under agreements to resell		63,982.0		30,701.1
Total other loans		63,982.0		38,523.5
TRADING SECURITIES		1,211,102.7		1,360,695.1
INVESTMENTS:
Available for sale		26,243.8		29,485.0
Held to maturity		16,397.8		18,009.0
Total investments		42,641.6		47,494.0
DERIVATIVE INSTRUMENTS		59,138.3		-
OTHER ASSETS		327,018.4		453,979.1
FIXED ASSETS:
Bank premises and equipment, net		145,864.2		141,965.2
Investments in other companies		7,425.9		7,302.5
Total fixed assets		153,290.1		149,267.7
Total assets		11,500,807.7		10,928,376.3

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     BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS AS OF JUNE 30,
(Expressed in million of Chilean pesos)
________________

LIABILITIES AND SHAREHOLDERS’ EQUITY		2006		2005
		MCh$		MCh$
DEPOSITS AND OTHER LIABILITIES:
Current accounts		1,574,584.3		1,555,357.0
Time deposits		5,486,106.1		4,377,274.0
Other demand and time deposits		436,322.2		777,706.7
Securities sold under agreements to repurchase		264,730.5		309,176.8
Mortgage finance bonds		514,633.1		644,533.6
Contingent liabilities		896,951.1		656,186.8
Total deposits and other liabilities		9,173,327.3		8,320,234.9
BONDS ISSUED:
Bonds		326,030.5		280,442.0
Subordinated bonds		409,063.0		314,566.6
Total bonds issued		735,093.5		595,008.6
BORROWINGS FROM FINANCIAL INSTITUTIONS
AND CENTRAL BANK:
Central Bank credit lines for renegotiation of loans		1,253.5		1,645.8
Borrowings from domestic financial institutions		122,399.9		262,240.6
Foreign borrowings		472,496.6		723,364.8
Other liabilities		44,947.7		47,675.7
Total borrowings from financial institutions and
Central Bank		641,097.7		1,034,926.9
DERIVATIVE INSTRUMENTS		64,321.6		28,015.0
OTHER LIABILITIES		152,738.3		307,664.9
Total liabilities		10,766,578.4		10,285,850.3
MINORITY INTEREST		1.0		0.9
SHAREHOLDERS’ EQUITY:
Capital and reserves		634,662.6		543,845.0
Other equity accounts		(856.1)		2,138.2
Net income for the year		100,421.8		96,541.9
Total shareholders’ equity		734,228.3		642,525.1
Total liabilities and shareholders’ equity		11,500,807.7		10,928,376.3

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     BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS AS OF JUNE 30,
(Expressed in million of Chilean pesos)
________________

		2006		2005
		MCh$		MCh$
OPERATING RESULTS:
Interest revenue		371,362.4		305,250.8
Gains from trading activities		26,948.4		19,189.3
Income from fees and other services		87,990.9		82,665.7
Other operating income		3,806.3		5,861.5
Total operating revenues		490,108.0		412,967.3
Less:
Interest expense		(169,971.8)		(128,745.1)
Losses from trading activities		(8,278.1)		(5,275.2)
Expenses from fees and other services		(19,444.3)		(15,365.1)
Loss from foreign exchange transactions		(13,841.6)		(3,218.4)
Other operating expenses		(7,939.0)		(5,663.4)
Gross margin		270,633.2		254,700.1
Personnel salaries and expenses		(76,661.4)		(76,298.2)
Administrative and other expenses		(60,028.3)		(50,645.8)
Depreciation and amortization		(9,638.4)		(9,097.4)
Net margin		124,305.1		118,658.7
Provision for loan losses		(11,769.7)		(7,607.3)
Total operating income		112,535.4		111,051.4
NON OPERATING RESULTS:
Non operating income		9,747.1		3,406.5
Non operating expenses		(7,087.6)		(5,148.3)
Equity participation in net income (loss) in investments in other
companies		718.6		437.4
Net loss from price-level restatement		(4,273.3)		(2,101.4)
Income before income taxes		111,640.2		107,645.6
Income taxes		(11,218.2)		(11,103.5)
Income after income taxes		100,422.0		96,542.1
Minority interest		(0.2)		(0.2)
Net income for the year		100,421.8		96,541.9

Héctor Hernández G.		Pablo Granifo L.
General Accounting Manager		Chief Executive Officer

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