BCH » Topics » BANK OF CHILE

This excerpt taken from the BCH 6-K filed Feb 19, 2010.
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.


This excerpt taken from the BCH 6-K filed Feb 3, 2010.
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 a Press Release issued by Banco de Chile (“the Bank”) February 2, 2010, regarding the 2009 Fourth Quarter and Year End Results.


This excerpt taken from the BCH 6-K filed Feb 2, 2010.
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 a Press Release issued by Banco de Chile (“the Bank”) on January 29, 2010, regarding the distribution of dividends and other matters.


This excerpt taken from the BCH 6-K filed Feb 1, 2010.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Banks and Financial Institutions, Chilean Superintendency of Securities and Insurance and local stock exchanges, informing of the resolutions adopted by Banco de Chile’s Board of Directors in a meeting held on January 29, 2010, when it was resolved to schedule an Ordinary Shareholders Meeting and an Extraordinary Shareholders Meeting, both to be held on the 25th of March, 2010, with the purpose of discussing matters regarding dividends.


Santiago, January 29, 2010

This excerpt taken from the BCH 6-K filed Dec 30, 2009.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Securities and Insurance, informing of the resolution adopted by Banco de Chile’s Board of Directors in a meeting held on December 29, 2009, when it was resolved to adopt a general policy with respect to habitual transactions.


Santiago, December 29, 2009

Mr. Gustavo Arriagada Morales
Superintendent of Bank and
Financial Institutions
Present

Ref: Essential Information

Mr. Superintendent:

   Pursuant to articles 9 and 10 of the Law No. 18,045, and chapter 18-10, of the Regulations of the Superintendency, I inform you as an Essential Information that in the Board Meeting BCH No. 2,703 held on the 29th of December, 2009, the Board of Directors of Banco de Chile, according to the letter b) of article 147 of the Law No. 18,046, has adopted the following general policy with respect to habitual transactions, that allows transactions with related parties without the requirements and procedures set forth in numbers 1) to 7) of the aforementioned article 147 of the Law No. 18,046.

   Habitual transactions are those performed with related parties within the ordinary course of the banking business, such as banking current account agreements, deposits, loans or line of credits with or without guarantees, discount of documents, acquisitions and assignments of commercial papers, collections, payments and transfers of funds, foreign exchange transactions, letters of credit, guarantee and surety, surety bonds, custody of valuables and personal property, fiduciary duties, financial agents or financial advisory, acquisitions and dispose of fixed income yielding debt instruments, issuing and operation of credit cards, agents in the placements of shares of first issuance of corporations, financial services, transportation of securities and other properly banking transactions that are authorized by the General Banking Law and complementary laws and regulations.

Sincerely,

Fernando Cañas Berkowitz
General Manager


 
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: December 30, 2009

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

 

 


This excerpt taken from the BCH 6-K filed Dec 7, 2009.
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 a letter filed by Banco de Chile to the Chilean Superintendency of Banks and Financial Institutions, Chilean Superintendency of Securities and Insurance and local stock exchanges, in connection with a proposed amendment to Banco de Chile by-laws.


Santiago, December 3, 2009

Mr. Guillermo Larraín Ríos
Superintendent of Securities and Insurance

Ref: ESSENTIAL INFORMATION

Mr. Superintendent:

The Board of Directors of Banco de Chile has agreed to propose to the Extraordinary Shareholders Meeting to be called upon before the next Ordinary Shareholders Meeting, the introduction of a transitory provision to the by-laws of Banco de Chile, in particular, in reference inter alia to articles 24, 25 and 28 of Law N° 19.396, and to the provisions agreed in the Contract dated November 8, 1996, executed between the Central Bank of Chile and Banco de Chile, currently SM Chile S.A., that Banco de Chile’s profits to be distributed will be those resulting from the reduction or increase to the net income, the equity monetary correction adjustment (consumer price level restatement over the equity) and their corresponding variations. This transitory provision will be in effect until the obligation of Sociedad Matriz del Banco de Chile, directly or through its subsidiary SAOS S.A., referred to in law N° 19.396, has been extinguished.

The above described agreement was subject to the consideration of the Council of the Central Bank of Chile, and such entity approved, in ordinary meeting that took place on November 3, 2009, the proposal that the Board of Directors of Banco de Chile will hold before Shareholders meeting.

Sincerely,

Fernando Cañas Berkowitz

General Manager


 
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: December 07, 2009

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

 

 


This excerpt taken from the BCH 6-K filed Jul 2, 2009.
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 a Press Release issued by Banco de Chile (“the Bank”) on July 2, 2009, regarding its annual report on Form 20-F for the fiscal year ended December 31, 2008 (the “2008 Annual Report”).


This excerpt taken from the BCH 6-K filed Jun 26, 2009.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Securities and Insurance, in connection with the merger of Banchile Corredores de Bolsa S.A. with Citibank Agencia de Valores S.A.. As a consequence of the merger, Banchile Corredores de Bolsa S.A.´s articles of incorporation have been amended and Citibank Agencia de Valores S.A. has been dissolved.


Santiago, June 26, 2009

This excerpt taken from the BCH 6-K filed May 18, 2009.
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 a press release published by Banco de Chile (the “Bank”) in a local newspaper on May 18, 2009, regarding the payment of a dividend to its shareholders in the form of fully paid-in-shares (acciones liberadas de pago).


This excerpt taken from the BCH 6-K filed Apr 3, 2009.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Banks and Financial Institutions, informing on the decision adopted by the Extraordinary Shareholders Meeting held on March 26th, 2009, in order to increase the capital through the partial capitalization of the net income obtained during the fiscal year ending December 31st, 2008. In addition, we inform on the decision of the Central Bank of Chile regarding the capitalization agreed upon at the Bank’s Extraordinary Shareholder meeting held on March 26th, 2009 and, finally, the authorization given by the Extraordinary Shareholders Meeting to the Board of Directors in order to establish the date of issuance and distribution of the fully paid-in shares.


Santiago, April 1st, 2009

Mr.
Gustavo Arriagada Morales
Superintendent of Banks and
Financial Institutions
Present

Mr. Superintendent:

I hereby inform you that in the Extraordinary Shareholders Meeting held on March 26th, 2009, it was resolved that 30% of the net income obtained during the fiscal year ending the 31st of December, 2008, was to be capitalized through the issuance of fully paid-in shares, of no par value, with a value of $31.26 per share which will be distributed between the shareholders in the proportion of 0.032325 fully paid-in shares for each share held by shareholders at the date prescribed by law. The before mentioned value has been established in accordance to the average weighed price registered by the Banco de Chile share in the Bolsa de Comercio de Santiago, during the 30 days previous to the Board of Directors meeting held on January 30th, 2009, deducting the amount of the revenue per share accumulated as of December 31st, 2008.

For its part, the Central Bank of Chile pursuant to article 31 of Law N° 19,396 of July 29th, 1995, which regulates the treatment of the subordinated debt, informed Banco de Chile on march 30th, 2009 that, in the Extraordinary Session, No, 1469E, that took place on March 26th of this year, the Council of the Central Bank of Chile resolved to request that the total corresponding surplus from the fiscal year ended on the 31st of December 2008, including the proportional part of the agreed upon capitalization profits, be paid in cash.

In compliance with the corresponding legal formalities and requirements, the capital of Banco de Chile will be increased in the amount of $ 52,260,575,508 through the issuance of 1,671,803,439 fully paid-in shares, of no par value, payable at the expense of the 2008 net income that was not distributed as a dividend, as agreed upon at the Ordinary Shareholders Meeting of the Bank held on March 26, 2009. Considering that the shares of Banco de Chile are comprised of 72,436,034,844 ordinary shares and 8,443,861,140 ordinary shares of the Series “Banco de Chile-S”, out from the total of 1,671,803,439 fully paid-in shares, of no par value, which will be issued as a consequence of the capitalization mentioned above, 1,398,855,628 shares will be ordinary and 272,947,811 will be ordinary shares of the Series “Banco de Chile-S”, corresponding the first ones to shareholders of ordinary shares and the second ones to shareholders of ordinary shares of the series “Banco de Chile-S”.


Finally, the Extraordinary Shareholders meeting authorized the Board of Directors to establish the date of issuance and distribution of the fully paid-in shares which will be issued with charge to the capitalization of net income, once the amendment of the Banco de Chile by-laws is approved by the Superintendency of Banks and Financial Institutions and the new shares are duly registered in the Register of Securities of that Superintendency. Thus, on time, we will proceed with the publication ordered by article 104 of the Reglamento de Sociedades Anónimas where the date of register for shareholders entitled to the new shares will be informed, as well as the respective distribution date.

Sincerely,

Fernando Cañas Berkowitz
General Manager


 
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: April 3, 2009

 
Banco de Chile
 
 
/s/ Arturo Tagle Quiroz
By:  
Arturo Tagle Quiroz
Acting General Manager and CEO

 

 


This excerpt taken from the BCH 6-K filed Mar 31, 2009.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Banks, Chilean Superintendency of Securities and Insurance and local Stock Exchanges, informing of a release of the Central Bank of Chile regarding its position in connection with the capitalization agreed upon at the Bank’s Ordinary Shareholder meeting held on March 26, 2009.


Santiago 30th March, 2009

Mr.
Guillermo Larraín Ríos
Superintendent of Securities and Insurance
Present

This excerpt taken from the BCH 6-K filed Mar 27, 2009.
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 a statement released in Chilean newspapers on March 27, 2009, informing the distribution of dividends.


This excerpt taken from the BCH 6-K filed Mar 20, 2009.
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

This is to inform that Banco de Chile files its consolidated financial statement, together with those of its subsidiaries, with the Chilean Superintendency of Banks and Financial Institutions, on a monthly basis. Such documentation is also monthly published in Banco de Chile's website both in Spanish and English.


 
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: March 19, 2009

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

 

 


This excerpt taken from the BCH 6-K filed Mar 13, 2009.
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 a letter filed by Banco de Chile to the Chilean Superintendency of Banks and Financial Institutions, Chilean Superintendency of Securities and Insurance and local stock exchanges, in connection with amendments of some contracts entered by Banco de Chile and Citigroup Inc.


Santiago, March 13, 2009

Mr.
Gustavo Arriagada Morales
Superintendent of Banks and Financial Institutions
Present

Ref: ESSENTIAL INFORMATION

Mr. Superintendent:

Pursuant to articles 9 and 10 of the Securities Law No. 18,045 and chapter 18-10 of the Compilation of Regulations of the Superintendency of Banks and Financial Institutions, I do hereby inform you, as essential information, that Banco de Chile and Citigroup Inc. subscribed documents regarding the following matters:

1. - Amendments to the Global Connectivity Agreement entered into by Banco de Chile and Citigroup Inc., on December, 27, 2007. The purpose of these amendments is to complement, clarify and amend some sections and exhibits of such contract regarding the rendering of banking services in and outside Chile. Particularly, agreements concerning payments for business and services were agreed and modified.

2. - Amendments to the Cooperation Agreement entered into by Banco de Chile and Citigroup Inc., on December, 27, 2007, that primarily refer to the exchange of information between Banco de Chile and Citigroup Inc.

3. - Amendments to the License Contract entered by Banco de Chile and Citigroup Inc., on December, 27, 2007. These amendments are referred to the quality standards for rendering services associated to the trademarks under license.

In the ordinary session N° BCH 2,684 dated February 27, 2009; the Board of Directors of Banco de Chile approved the aforesaid amendments and granted a power of attorney to the general manager to subscribe such instruments.

Sincerely,

Fernando Cañas Berkowitz
General Manager


 
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: March 13, 2009

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

 

 


This excerpt taken from the BCH 6-K filed Mar 5, 2009.
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 letters distributed by the Bank to its shareholders informing them the date and matters to be addressed by the next Ordinary and Extraordinary General Shareholders Meetings, to be held on March 26, 2009. These letters shall also be published in the form of a press release in the Chilean newspaper “El Mercurio”, on March 9, 16 and 23, 2009. The same information was sent to the Chilean Superintendency of Banks, Chilean Superintendency of Securities and Insurance and local Stock Exchanges.


This excerpt taken from the BCH 6-K filed Feb 11, 2009.
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- ________


This excerpt taken from the BCH 6-K filed Feb 2, 2009.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Banks, Chilean Superintendency of Securities and Insurance and local Stock Exchanges, informing of the resolutions adopted at Banco de Chile’s Board meeting held on January 30, 2009, at which time it was resolved to schedule an Ordinary Shareholders Meeting and an Extraordinary Shareholders Meeting on March 26, 2009 with the objective of proposing, among other matters, the distribution of dividends.


Santiago, February 2, 2009

Mr.
Gustavo Arriagada Morales
Superintendent of Banks and Financial Institutions
Present

This excerpt taken from the BCH 6-K filed Jan 29, 2009.
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 a Press Release issued by Banco de Chile (“the Bank”) on January 29, 2009, regarding the 2008 Fourth Quarter and Year End Results


This excerpt taken from the BCH 6-K filed Jan 20, 2009.
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 submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on January 19, 2009, for the month ended December 31, 2008.


This excerpt taken from the BCH 6-K filed Dec 31, 2008.
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 a letter filed by Banco de Chile to the Chilean Superintendency of Banks and Financial Institutions, Chilean Superintendency of Securities and Insurance and local stock exchanges, in connection with an agreement entered by Banco de Chile and Banchile Seguros de Vida S.A. for Debtor's Life Insurance.


Santiago, December 30, 2008

Mr. Gustavo Arriagada Morales
Superintendent of Banks and Financial Institutions

Ref: ESSENTIAL INFORMATION

Mr. Superintendent:

Pursuant to articles 9 and 10 of the Securities Law No. 18,045 and chapter 18-10 of the Compilation of Regulations of the Superintendency of Banks and Financial Institutions, I do hereby inform you, as essential information, that Banco de Chile and Banchile Seguros de Vida S.A., have entered into an Insurance Agreement for Debtor's Life Insurance, which sets particular conditions of Debtor's life insurances contracted by Banco de Chile for its own debtor’s portfolio with Banchile Seguros de Vida S.A.

Banchile Seguros de Vida S.A. is a related company to Banco de Chile pursuant article 44 of Corporations Law and the Board of Directors of Banco de Chile has determined that price and other terms of this transaction are adjusted to market conditions habitually prevailing in this market.

Sincerely,

Fernando Cañas Berkowitz

President and CEO


 
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: December 31, 2008

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

 

 


This excerpt taken from the BCH 6-K filed Dec 23, 2008.
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 a letter filed by Banco de Chile with the Chilean Superintendency of Banks and Financial Institutions, Chilean Superintendency of Securities and Insurance and local stock exchanges, in connection with a commercial association agreement for trademark sharing entered by Banco de Chile and Compañía Nacional de Teléfonos, Telefónica del Sur S.A..


Santiago, December 23, 2008

This excerpt taken from the BCH 6-K filed Dec 17, 2008.
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 submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on December 17, 2008, for the month ended November 30, 2008.


This excerpt taken from the BCH 6-K filed Nov 19, 2008.
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 submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on November 18, 2008, for the month ended October 31, 2008.


BANCO DE CHILE AND SUBSIDIARIES
___________

CONSOLIDATED FINANCIAL STATEMENTS
As of October 31, 2008


This excerpt taken from the BCH 6-K filed Oct 29, 2008.
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 a Press Release issued by Banco de Chile (“the Bank”) on October 29, 2008, regarding its financial statements for the nine months ended September 30, 2008.


2008 Third Quarter Results
Santiago, Chile, October 29, 2008 Banco de Chile (NYSE: BCH), a full service Chilean financial institution, market leader in a wide variety of credit and non credit products and services across all segments of the Chilean financial market, today announced its results for the third quarter ended September 30, 2008.
    FINANCIAL HIGHLIGHTS 
     
  • 
Banco de Chile (hereinafter the “Bank”) achieved a record quarterly net income of Ch$93,167 million during 3Q08, a growth of 33.4% as compared to 3Q07 and a 45.1% increase as compared to 2Q08. As a consequence, net income per share increased to Ch$1.15 in 3Q08 from Ch$0.97 in 3Q07 or Ch$0.79 in 2Q08.
   
   
  • 
ROAE was 27.5% in 3Q08, slightly below than the 28.6% of 3Q07 and largely exceeding the 20.3% in the previous quarter.
   
    • 
As a result of strong revenue increase and expense control, including merger charges, the Bank’s efficiency ratio improved to 43.5% in 3Q08 from 48.2% in 3Q07.
Financial figures included in this document for periods before 2008 correspond to Banco de Chile as it existed prior to the merger with Citibank Chile.
   
  • 
The Bank’s loans to customers totaled Ch$13,038,136 million as of September 30, 2008, recording growths of 21.5% and 1.7% as compared to 3Q08 and 2Q08, respectively.
   
  • 
Credit quality remained sound in 3Q08 with a past due ratio of 0.57% and an improved coverage ratio of 266%.

 

Selected Financial Data                % Change 
 (in constant Ch$ of September 30, 2008, except for    3Q07    2Q08    3Q08    3Q08 / 3Q07 
percentages)                
 
Income Statement (Millions of Chilean pesos)                
             Net financial income(1)   157,601    195,361    236,664    50.2% 
             Fees and Commissions, net    47,974    59,945    54,647    13.9% 
             Other operating income    6,389    16,809    6,535    2.3% 
   Operating revenues    211,964    272,115    297,846    40.5% 
   Provisions for loan losses    (12,525)   (36,348)   (30,461)   143.2% 
   Operating expenses    (102,068)   (141,538)   (129,586)   27.0% 
   Net income    69,856    64,217    93,167    33.4% 
 
Earnings per Share (Chilean pesos)                
   Net income per share    0.97    0.79    1.15    18.6% 
   Book value per share    14.52    15.44    15.77    8.6% 
 
Balance Sheet (Millions of Chilean pesos)                
   Loans to customers    10,735,184    12,815,686    13,038,136    21.5% 
   Total assets    13,804,955    16,878,194    17,148,793    24.2% 
   Equity    1,045,235    1,243,137    1,267,109    21.2% 
 
Ratios                 
Profitability                 
   Return on average assets (ROAA)   2.00%    1.65%    2.38%     
   Return on average equity (ROAE)(3)   28.6%    20.3%    27.5%     
   Net Financial Margin(2)   5.0%    5.5%    6.6%     
   Efficiency ratio    48.2%    52.0%    43.5%     
Credit Quality                 
   Past due loans / Total loans    0.64%    0.57%    0.57%     
   Allowances for loan losses/ Total loans    1.29%    1.50%    1.52%     
   Allowances for loan losses/ Past due loans    203.0%    262.6%    266.5%     
Capital Adequacy                 
   Total capital / Risk adjusted assets    11.5%    11.4%    11.3%     
 
1 Net interest revenue, gains (losses) from trading and brokerage activities and foreign exchange transactions, net.
2 Net financial income divided by average interest earning assets.
3 ROAE considers average equity adjusted by provisions for minimun dividends.



2008 Third Quarter Results 
 
This excerpt taken from the BCH 6-K filed Oct 28, 2008.
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 October 27, 2008, for the three months ended September 30, 2008.


BANCO DE CHILE AND SUBSIDIARIES
___________

CONSOLIDATED FINANCIAL STATEMENTS
As of September 30, 2008


This excerpt taken from the BCH 6-K filed Oct 20, 2008.
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 submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on October 17, 2008, for the month ended September 30, 2008.


This excerpt taken from the BCH 6-K filed Sep 17, 2008.
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 submitted to the Superintendency of Banks and Financial Institutions and published by Banco de Chile in its website on September 16, 2008, for the month ended August 31, 2008.


This excerpt taken from the BCH 6-K filed Aug 7, 2008.
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 a Press Release issued by Banco de Chile (“the Bank”) on August 7, 2008, regarding its results for the Second Quarter ended June 30, 2008.


2008 Second Quarter Results 
Santiago, Chile, August 7, 2008 Banco de Chile (NYSE: BCH), a full service Chilean financial institution, market leader in a wide variety of credit and non credit products and services across all segments of the Chilean financial market, today announced its results for the second quarter ended June 30, 2008.      FINANCIAL HIGHLIGHTS 
     
  • 
Banco de Chile (hereinafter the “Bank”) delivered a solid financial performance during 2Q08 posting a net income of Ch$61,984 million, which represents an increase of 8.7% when compared to 2Q07 and almost flat related to 1Q08. This result was achieved in spite of non-recurring costs relative to the collective agreement and the merger process. 
   
     
  • 
ROAE increased to 21.2% for the 2Q08, largely exceeding the system’s average of 14.3%. 
     
    • 
The Bank’s efficiency ratio improved to 52.0% in 2Q08, reflecting the Bank’s strong operating revenues as well as the significant reduction of non-recurring merger expenses. 
Financial figures included in this document for periods before 2008 correspond to Banco de Chile as it existed prior to the merger with Citibank Chile.       
  • 
The Bank’s total loans to customers reached Ch$12,371,195 million as of June 30, 2008, representing a 20.4% annual growth and a market share of 19.3% as of June 30, 2008. 

Selected Financial Data                % Change 
(in constant Ch$ of June 30, 2008, except for    2Q07    1Q08    2Q08    2Q08/2Q07 
percentages)                
 
Income Statement (Millions of Chilean pesos)                
             Net financial income(1)   135,135    167,321    188,572    39.5% 
             Fees and Commissions, net    46,996    48,003    57,813    23.0% 
             Other operating income    4,861    51,053    16,156    232.4% 
     Operating revenues    186,992    266,377    262,541    40.4% 
     Provisions for loan losses    (15,686)   (26,658)   (35,085)   123.7% 
     Operating expenses    (98,197)   (163,612)   (136,504)   39.0% 
     Net income    57,003    61,543    61,984    8.7% 
 
Earnings per Share (Chilean pesos)                
     Net income per share    0.82    0.76    0.77    (6.1)% 
     Book value per share    12.23    14.58    14.90    21.8% 
 
Balance Sheet (Millions of Chilean pesos)                
     Loans to customers    10,276,214    11,981,228    12,371,195    20.4% 
     Total assets    13,786,337    15,706,077    16,291,693    18.2% 
     Equity    855,488    1,166,375    1,199,940    40.3% 
 
Ratios                 
Profitability                 
     Return on average assets (ROAA)   1.68%    1.63%    1.66%     
     Return on average equity (ROAE)   27.3%    19.2%    21.2%     
     Net Financial Margin(2)   4.5%    4.9%    5.5%     
     Efficiency ratio    52.5%    61.4%    52.0%     
Credit Quality                 
     Past due loans / Total loans    0.75%    0.55%    0.57%     
     Allowances for loan losses/ Total loans    1.36%    1.43%    1.50%     
     Allowances for loan losses/ Past due loans    181.1%    258.1%    262.6%     
Capital Adequacy                 
     Total capital / Risk adjusted assets    10.7%    11.5%    11.4%     
   
1 Net interest revenue, gains (losses) from trading and brokerage activities and foreign exchange transactions, net. 
2 Net financial income divided by average interest earning assets. 



2008 Second Quarter Results 
 

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