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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 February, 2010

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, 2009 and 2008, submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on February 19, 2010.


BANCO DE CHILE AND SUBSIDIARIES
____________


CONSOLIDATED FINANCIAL STATEMENTS
As of December 31, 2008 and 2009


BANCO DE CHILE AND SUBSIDIARIES


CONTENTS


I. Consolidated Statements of Financial Position
II. Consolidated Statements of Comprehensive Income


_______________


MM$ = Millions of Chilean pesos


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2009 and 2008

    2009    2008 
ASSETS    MM$    MM$ 
Cash and due from banks    727,553    751,223 
Transactions in the course of collection    526,051    807,625 
Trading securities    431,827    679,843 
Securities purchased under agreement to resell    79,401    75,519 
Derivative instruments    567,800    904,726 
Loans and advance to banks    448,981    321,992 
Loans to customers, net    12,861,911    13,432,716 
Available for sale instruments    1,265,662    1,071,438 
Held to maturity instruments    —    — 
Investments in other companies    12,606    13,407 
Intangibles assets    31,885    32,633 
Fixed assets    207,795    214,301 
Current tax assets    —    — 
Deferred tax assets    82,850    73,251 
Other assets    217,498    217,768 
     
TOTAL ASSETS 
  17,461,820    18,596,442 
     

1


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2009 and 2008
______________

    2009    2008 
LIABILITIES    MM$    MM$ 
Currents accounts and other demand deposits    3,718,076    3,007,261 
Transactions in the course of payment    325,056    479,789 
Securities sold under agreement to repurchase    308,028    420,658 
Saving accounts and time deposits    7,427,481    8,472,590 
Derivative instruments    538,240    862,799 
Borrowings from financial institutions    1,368,226    1,498,549 
Debt issued    1,587,998    1,900,087 
Other financial obligations    176,150    93,708 
Current tax liabilities    39,018    9,053 
Deferred tax liabilities    13,932    32,990 
Provisions    294,608    292,101 
Other liabilities    272,259    205,104 
     
TOTAL LIABILITIES 
  16,069,072    17,274,689 
     
 
EQUITY         
Attributable to equity holders of the parent:         
Capital    1,158,752    1,106,491 
Reserves    118,170    17,853 
Other comprehensive income    6,440    (16,660)
Retained earnings:         
       Retained earnings from previous periods    32,017    57,322 
       Income for the year    257,885    347,437 
       Less:         
                 Provision for minimum dividends    (180,519)   (190,698)
     
Subtotal       1,392,745    1,321,745 
Minority interest     

     
                                   TOTAL EQUITY    1,392,748    1,321,753 
     
                                   TOTAL LIABILITIES AND    17,461,820    18,596,442 
                                   EQUITY         
     

2


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2009 and 2008
______________

    2009    2008 
    MM$    MM$ 
A. STATEMENT OF INCOME         
 
Interest revenue    893,007    1,658,078 
Interest expense    (222,883)   (885,263)
     
      Net interest revenue    670,124    772,815 
     
 
Income from fees and commissions    296,009    275,891 
Expenses from fees and commissions    (53,938)   (48,520)
     
      Net fees and commissions    242,071    227,371 
     
 
Gains (losses) from trading and brokerage activities    (139,455)   387,862 
Foreign exchange transaction, net    220,999    (353,012)
Other operating income    22,739    69,408 
     
      Total operating revenues    1,016,478    1,104,444 
 
Provisions for loan losses    (223,441)   (156,014)
     
OPERATING REVENUES, NET OF PROVISIONS FOR LOAN    793,037    948,430 
      LOSSES         
 
Staff expenses    (256,782)   (305,555)
Administrative expenses    (167,214)   (176,564)
Depreciation and amortization    (32,027)   (34,650)
Impairments    —    — 
Other operating expenses    (40,370)   (56,080)
     
TOTAL OPERATING EXPENSES    (496,393)   (572,849)
     
 
NET OPERATING INCOME    296,644    375,581 
 
Income attributable to affiliates    840    3,564 
     
Income before income tax    297,484    379,145 
Income tax    (39,597)   (31,706)
 
     
NET INCOME FOR THE YEAR    257,887    347,439 
     
 
Attributable to:         
       Equity holders of the parent    257,885    347,437 
       Minority interest     
 
Net income per share attributable to equity holders of the parent:     
       Basic net income    3.14    4.30 
       Diluted net income    3.14    4.30 

3


BANCO DE CHILE AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
As of December 31, 2009 and 2008
______________

    2009    2008 
B. CONSOLIDATED STATEMENTS OF COMPREHENSIVE    MM$    MM$ 
                 INCOME         
 
NET INCOME FOR THE YEAR    257,887    347,439 
 
OTHER COMPREHENSIVE INCOME         
 
Net unrealized gains (losses) on available for sale instruments:         
   Net change in unrealized gains (losses) on permanent financial         
   investments    27,941    (17,292)
   Cumulative translation adjustment    (91)   4,087 
     
                 Other comprehensive income before income tax    27,850    (13,205)
 
Income tax related to other comprehensive income    (4,750)   2,940 
     
                 Total other comprehensive income    23,100    (10,265)
     
TOTAL CONSOLIDATED COMPREHENSIVE INCOME    280,987    337,174 
     
 
Attributable to:         
   Equity holders of the parent    280,985    337,172 
   Minority interest     
 
Comprehensive net income per share attributable to equity holders of         
   the parent:     
   Basic net income    3.42    4.18 
   Diluted net income    3.42    4.18 

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 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: February 19, 2010

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