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 October, 2007

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 a Press Release issued by Banco de Chile (“the Bank”) on October 30, 2007, regarding its results for the third quarter ended September 30, 2007.

	2007 Third Quarter Results

	2007 Third Quarter Results

Third Quarter 2007 Highlights

• Capital increase. On September 4, 2007 the second stage of the preemptive offer was concluded, involving the offering of 1,028,919,380 options, corresponding to the 41% remainder from the authorized 2,516,010,979 total share issue approved on May 17^th . Out of these, 588,727,443 options were subscribed and paid, while the remaining 439,951,628 options and corresponding shares will be also publicly offered in the local exchanges. Up to date, the process has involved a Ch$84,542 million capital increase.
  
  
• Merger process. On October 8, 2007, Banco de Chile filed a request with the Superintendency of Banks and Financial Institutions (SBIF) seeking approval of the merger to the local unit of Citibank. On October 4, Citibank also filed a request with SBIF seeking approval of the conversion of its Chilean agency into a domestic banking company.
  
  
• Strategic alliance made by Banchile Securities Brokerage. The Bank, through its Brokerage subsidiary, signed an investment fund alliance with Bradesco Asset Management in order to develop Brazilian funds for Chilean institutional investors, including pension funds and insurance companies, as well as to create new investment alternatives for Chilean and Brazilian investors from the retail and private banking segments.
  
  
• Financial Advisory Business. The Financial Advisory subsidiary signed an agreement with Cantor CO2e Limited, a leading global provider of financial services to the world’s environmental and energy markets, in order to give the best advisory services to the Bank’s clients in these matters.
  
  
• Successful placing of securitized revolving bonds. In October, the Banchile Securitization subsidiary placed a revolving securitized bond issue originated in credit cards loans related to an important department store oriented to the retail market.
  
  
• Sustained increase in Banco de Chile’s customer base. Steady improvements in its capabilities and customer service focus has enabled the Bank to offer appropriate products through a wide distribution channel, thus increasing its customer base by 11.4% in terms of number of clients with checking accounts and 14.1% in terms of number of debtors, in the last twelve months. In terms of quarterly figures, during 3Q07 checking account clients increased by 2.6% while the number of debtors rose by 3.6%.
  
  
• Local bond placement. In October 12, the Bank placed a UF4 million (U$156 million) local inflation-adjusted bond, at a real interest rate of 3.52% with a maturity of 5 years. The bond was rated AAA by Fitch Chile and AA+ by Feller Rate agencies.
  
  
• Banco de Chile received an important local award during 3Q07. The Bank was recognized as one of the 10 best companies for working parents by Fundación Chile Unido (a non-profit foundation) and El Mercurio, an important Chilean newspaper, in its 2007 survey. The Bank was distinguished for its policies and practices which aim to balance work and family.
  
  
• Neos progress. In a context of the modernization of its business model, the Bank successfully achieved several milestones during 3Q07. The most important was the migration of current accounts, lines of credit and sight accounts into a new Flexcube module as part of the new core banking system. In addition, the Bank concluded the implementation of the new teller solution in its network and started the teller deployment to the Banco Credichile branches in order to finally allow the use of a unique operational platform throughout all branches. At the same time, the implementation of the investment platform into the commercial platform (CRM) was initiated and will be expanded to the entire branch network during the 4Q07.
  
  
• At the Ordinary Director’s Meeting held on last September 27, the following information was approved for disclosure:
  

(i) The Board of Directors of Banco de Chile was informed about the evaluation assessment of the Bank and Citibank N.A. Agencia en Chile, the US Bank’s legal corporation in Chile, including a detailed analysis and supporting information. In particular, the Board analyzed the report issued by J.P. Morgan Securities Inc. and J.P. Morgan Chile Limitada relevant to the eventual merger between Banco de Chile and Citibank N.A. Agencia en Chile.

	2007 Third Quarter Results

(ii) Pursuant to the information available and examined to this date, the Board of Directors has deemed that Banco de Chile’s shareholders shall hold ownership rights equal to 89.56% of the resulting merged bank. The shareholders of Cititbank N.A. Agencia en Chile shall hold ownership rights equal to 10.44%.

(iii) Banco de Chile will request authorization from the Chilean Superintendency of Banks and Financial Institutions for the merger. Once approved, Banco de Chile will absorb the operations of Citibank NA Agencia en Chile, according to the stipulations provided in articles 35 bis of the General Banking Law and article 25 of Law Number 19,396.

(iv) The Board of Directors stated its intention that the merger will become effective on January 1^st , 2008. 

(v) Upon obtaining the corresponding regulatory authorizations, the Board of Directors will call an Extraordinary Shareholders Meeting in order to submit the merger between the institutions to shareholders approval. In addition, it will be proposed to the meeting, that the net income of each bank, for the year 2007, will be distributed among the current shareholders of each institution. 

	2007 Third Quarter Results

• The Chilean Financial System’s results remained strong in the third quarter of 2007 reaching a net income of Ch$259 million, representing an increase of 1.9% as compared to Ch$254 million registered during the third quarter of 2006. This increase was principally caused by higher operating revenues as a consequence of higher inflation and loan portfolio expansion. However, these positive contributions were mostly offset by 40% increase in provisions for loan losses and, to a lesser extent, by higher operating expenses. As a result, return on average equity (ROAE) for 3Q07 was 17.1% as compared to 18.1% for 3Q06 and 16.4% for 2Q07.

	2007 Third Quarter Results

Banco de Chile 2007 Third-Quarter
Consolidated Results

The Bank’s consolidated net income for 3Q07 amounted to a new record quarterly figure of Ch$63,912 million, mainly supported by solid operating revenues.

As a result, the Bank’s annualized return on average assets (ROAA) and annualized return on average shareholders’ equity (ROAE) in this quarter stood at 1.84% and 28.6%, well above the financial system’s comparable figures of 1.30% and 17.1%, respectively.

Net income increase of 16.4% in 3Q07 as compared to 3Q06, was mainly driven by a 19.3% increase in operating revenue, principally impacted by higher net financial income and fee income growth, which more than offset a higher loss from price level restatement and the increase observed in both, operating and other expenses lines.

As net income from subsidiaries is concerned, it amounts to Ch$5,266 million in 3Q07, an 8.7% decrease relative to 3Q06, mainly due to lower results recorded by the Factoring subsidiary and, to a lesser extent, by the Financial Advisory and Socofin companies.

The results of the Factoring subsidiary during 3Q07 were mainly impacted by the higher inflation rate during this quarter, as most of the company’s loans, denominated in nominal Chilean pesos, were financed by UF denominated interest bearing liabilities. In terms of loans, this subsidiary registered an annual expansion of 34.9% .

Higher results accounted for by the Financial Advisory subsidiary in 3Q06 were mainly associated to an acquisition transaction structured for a client, as well as its participation in a syndicated loan during such quarter.

The Mutual Fund subsidiary continued outperforming, posting an increase of almost 46% in its net income between 3Q07 and 3Q06 as a consequence of 30% annual growth in average funds under management.

The Insurance Brokerage subsidiary also generated very good results, 34% higher than in 3Q06, derived from strong business growth mainly sustained in the promotion of products to the retail segment.

The 23% increase in net income coming from the Securities Brokerage, between the same periods, was mainly a result of higher volume in stock transactions, and, to a lesser extent, due to higher fees from investment banking activities.

Regarding the Bank’s foreign branches, the negative results during 3Q07 was a consequence of mark to market losses registered in its investment portfolio mainly related to the world financial market turbulence in mid-August. Nevertheless, during 3Q07 foreign branches were able to significantly reduce their operating expenses accounted for as advisory expenses.

The Bank’s total net income increased by 18.3% in 3Q07 as compared to the previous quarter, mainly as a result of higher inflation, which enhanced net financial income and, to a lesser extent, as a consequence of a decrease in provisions for loan losses.

	2007 Third Quarter Results

Net financial income totaled Ch$149,737 million in 3Q07 as compared to Ch$121,834 million in 3Q06. This growth was mainly attributed to:

• the significant increase in the inflation rate, measured by the fluctuation of the UF of 2.98% during 3Q07, which more than doubled the comparable figure for 3Q06 of 1.38%, implying that during 3Q07 the Bank earned higher interest income on the portion of UF denominated interest earning assets financed by liabilities denominated in Chilean pesos.
  
  
• a strong expansion of 15.4% in average interest earning assets, mainly driven by overall increase in the average loan portfolio.
  
  
• higher level of nominal interest rates, which implied higher benefits arising from demand deposits.

• a better funding mix, reflected in the reduction of the ratio of interest bearing liabilities to interest earning assets, which improved to 72.0% in 3Q07 from 73.6% in 3Q06.

The aforementioned factors were partially offset by:

• lower lending spreads as a consequence of increased competition.
  
  
• a higher negative repricing effect derived from higher increases in the short-term interest rates (as the Bank’s liabilities reprice faster than its assets). The Chilean Central Bank increased the monetary interest rate by 75 basis points during 3Q07 as compared to the 25 basis points increase during 3Q06.

Net financial income for 3Q07 also increased importantly as compared to the previous quarter (17.0%), mainly as a consequence of a 67 basis points increase in net financial margin and, to a lesser extent, to an 0.8% expansion in average interest earning assets. Net financial margin growth was, to a large extent, driven by a higher inflation rate (the variation of the UF was 2.98% in 3Q07 and 1.37% in 2Q07).

	2007 Third Quarter Results

Total fees and income from services amounted to Ch$42,371 million in 3Q07 reflecting sound growth from Ch$33,238 million in 3Q06. Major contributions to this growth were recorded by the mutual fund, securities brokerage and insurance brokerage subsidiaries which increased their related fees by 41.9%, 52.6% and 22.9%, respectively, between the mentioned quarters. Higher fees from checking accounts and ATMs, credit cards and credit related fees also boosted this growth.

As we had mentioned in the previous releases, and as a result of the new regulation of labor outsourcing, during the current year the Bank began to recognize as operating expenses its sales force expenses (previously accounted as other services expenses). As a consequence, the fee income figure for 3Q07 must consider an approximately Ch$3,572 million reclassification in order to be comparable with the 3Q06 figure.

Strong checking account and ATM net fee income has been encouraged by a client base solid growth and the enhancement of sales capabilities implemented as part of the Neos program. The expansion of the number of ATMs from 1,386 as of September 2006 to 1,427 as of September 2007 positively contributed to this increase. Credit card-based fees continue to register positive progress boosted by successful sales campaigns, thus increasing the number of valid credit cards by 18.9% during the last twelve months.

As compared to the previous quarter, fees and income from services remained stable as higher fee income accounted for by subsidiaries, mostly mutual fund and insurance, was almost offset by lower fees at the Bank’s level mainly related to foreign trade products and credit cards.

Results on financial instruments and non-forward derivatives contracts for 3Q07 amounted to a loss of Ch$4,579 million as compared to gains of Ch$2,077 million for 3Q06.

Gains accounted for in 3Q06 were mainly a result of a decrease on both local and foreign long-term interest rates during such quarter, which positively affected the market value of Latin American sovereign bonds, Chilean Central Bank investments and mortgage finance bonds maintained by the Bank. On the contrary, during 3Q07 a global financial market turmoil, which hit major financial markets, implied losses on the value of the investment portfolio related to Latin American securities (booked in Chile and in the Bank’s foreign branches). It is worth mentioning that in accordance to the Bank’s current policies, most of its investments are comprised by Central Bank of Chile securities and only a minor part of the overall consolidated portfolio is composed by Latin American securities.

	2007 Third Quarter Results

Provisions for loan losses amounted to Ch$11,538 million in 3Q07 as compared to Ch$9,637 million in 3Q06. This increase is mainly related to the Bank’s loan growth and the higher levels of risk associated to consumer loans of the retail sector.

The Bank’s ratio of provisions for loan losses net of recoveries to average loans remained almost stable at 0.4% in both quarters, and continued to stay below the system’s average of 0.8% for the current quarter.

The decrease in provisions for loan losses of 22.4% in 3Q07 as compared to 2Q07, was mainly related to a release of allowances related to one corporate client in the manufacturing sector, which improved its risk classification and to an increase of 28.7% in loan loss recoveries, thus implying an increase in the ratio of recoveries to average loans to 0.35% from 0.27% in 2Q07.

Total Other Income and Expenses amounted to a negative Ch$3,153 million during 3Q07 as compared to a positive Ch$1,290 million in 3Q06. This change was mainly explained by: (i) higher charge offs from the sale of assets received in lieu of payment in 3Q07 principally associated to one property and (ii) higher provisions as well as lower participation in earnings of equity investments mainly related to the Bank’s participation in the Administrador Financiero de Transantiago (AFT), a consortium responsible for the financial management of the urban transportation system in Santiago.

Lower Total Other Income and Expenses registered in 3Q07 relative to the previous quarter also responded to: (i) higher losses related to assets received in lieu of payment and (ii) higher losses related to the AFT which amounted approximately to Ch$1,900 million in 2Q07 and Ch$2,320 million in 3Q07.

	2007 Third Quarter Results

Total operating expenses in 3Q07 amounted to Ch$84,346 million, an increase of 5.4% as compared to 3Q06, mainly as a consequence of:

• the reclassification of approximately Ch$3,572 million from other services expenses (fee income line) to personnel salaries and expenses, which has affected the 2007 income statement as a consequence of the Bank’s modification of its contract with Promarket subsidiary (sales force), in compliance with the new Chilean labor law that regulates labor outsourcing.
  
  
• an increase in the number of employees mainly related to the expansion of the branch network and call centers.
  
  
• an increase in communication and technology expenses (including amortization expenses) reflecting the impact of business expansion through improving transactional capabilities, efficiency and service quality.
  
  
• higher rental expenses related to the optimization and enhancement of the Bank’s distribution network as a key contributor to customer base growth.

However, the increase in these expenses was partially offset by a decrease in advisory expenses in foreign branches related to the requirements of US regulators in compliance matters.

Regarding the slight increase in operating expenses from 2Q07 to 3Q07, this was mostly due to: (i) extraordinary expenses registered in 3Q07 related to the implementation of the Bancarization project promoted by the Chilean Association of Banks and Financial Institutions (ABIF), (ii) higher advisory expenses associated to the merger project, (iii) an increase in personnel salaries as a consequence of an adjustment for inflation and, (iv) higher rental and maintenance expenses.

As a result of the strong operating performance, the efficiency ratio posted a low record level of 45% in 3Q07, as compared to a 50.9% in 3Q06 and 49.3% in the previous quarter.

Loss from price-level restatement increased to Ch$16,854 million in 3Q07 as compared to Ch$6,372 million during 3Q06 mainly as a consequence of: (i) a higher inflation rate used for adjustment purposes of 3.18% for 3Q07 as compared to 1.4% in 3Q06 and, to a lesser extent, (ii) an increase in non-monetary liabilities, net, as a result of the partial capitalization of the 2006 net income.

In 3Q07, the Bank recorded a tax expense of Ch$7,726 million as compared to Ch$7,492 million in 3Q06, reflecting effective tax rates of 10.8% and 12.0%, in the respective periods. It is worth mentioning that tax expense during 3Q06 included a one-time charge of Ch$1,046 million to cover the impact of the change in the treatment of derivatives under the new accounting regulations implemented in June 2006.

	2007 Third Quarter Results

As of September 30, 2007, the Bank’s loan portfolio, net of interbank loans, totaled Ch$10,851,460 million, a 14.1% annual increase as compared to Ch$9,509,102 as of September 30, 2006. In terms of unconsolidated data, the Bank’s loan market share remained stable at 18.0% .

Although loan demand remains at a strong level, the economic level of activity has moderated its rate of growth, involving a slower pace mainly in consumer loans with higher levels of risk associated to this portfolio. The Bank’s focused strategy towards enhancing higher margin segments, has implied an annual expansion of 16.0% in the retail segment, mainly driven by consumer loans and residential mortgage loans financed by the Bank’s general borrowings.

The wholesale segment grew by 10.5% during the last twelve months. This increase was related to an expansion in contingent loans (mainly related to the financial services sector) and lease contracts, increasing its relative contribution to the total portfolio through an important annual expansion of more than 22% and, foreign trade loans which also continued with its trend of positive expansion. Commercial loans decreased slightly during the current quarter.

The slight 0.2% quarter-on-quarter growth in the loan portfolio, net of interbank loans, was mainly led by lease contracts, consumer loans and residential mortgage loans. These increases were partially offset by a contraction in mortgage loans and commercial loans mainly related to the financial services sector. It is worth mentioning though that, in average terms, the loan portfolio showed an expansion of 2.2% during 3Q07. In terms of segments, the 5.0% growth in the retail sector and the approximately 1.5% increase in wholesale loans were partially offset by a contraction in loans recorded by the subsidiaries as well as loans granted to correspondent banks.

Loan portfolio quality continues to be very sound. Accordingly, past due loans amounted to Ch$62,396 million as of September 30, 2007, showing an annual decrease of 9.1%, mainly driven by commercial and residential mortgage loans. The quarterly decrease in commercial past due loans was mainly related to a write-off of one client of the real state sector.

	2007 Third Quarter Results

The ratio of past due loans to total loans has consistently shown a low level. Indeed, the ratio improved to 0.57% in 3Q07 from 0.72% in 3Q06, while allowances for losses to past due loans increased to 245% from 215% for the same quarters.

Total liabilities amounted to Ch$12,736,998 million as of September 30, 2007, an annual growth of 9.6%, as a consequence of an increase in both, non-interest and interest bearing liabilities.

The 9.9% annual growth in non-interest bearing liabilities was mainly related to other liabilities (principally stand-by letters of credit) and, to a lesser extent, to bankers draft and other deposits. It is worth mentioning that the number of current accounts has increased by 10.7% during the last twelve months, however, checking accounts and bankers drafts balances have been negatively impacted during the 3Q07 by an increase in both, inflation rate and interest rates. In terms of unconsolidated figures, the Bank continued to post a 20% market share on average net demand deposits.

The 9.5% annual growth in interest bearing liabilities was principally related to important increases in time deposits, foreign borrowings and other bonds, which more than offset the decline in mortgage finance bonds (consistent with the contraction of mortgage loans).

Foreign borrowings have increased in line with the 17.4% expansion in foreign trade loans. However, the particularly low figure showed in 3Q06 responded mainly to the prepayment of a syndicated loan and its substitution for time deposits in local currency, which were later linked to foreign currency through the use of derivative instruments.

Regarding the annual increase in other bonds, it is worth noting that the Bank placed three series of ordinary bonds for a total amount of UF9 million during the last twelve months.

During 3Q07 total liabilities decreased by 4.4% mainly explained by: (i) the placement or new shares approved late May, (ii) a 12.6% decrease in the investment portfolio and (iii) lower requirements of technical reserve (See Investment Portfolio). In addition, checking accounts declined by a 5.8% mainly impacted by the important quarterly increase in the inflation rate.

	2007 Third Quarter Results

As of September 30, 2007, the Bank’s financial investments totaled Ch$1,288,096 million, representing a 3.8% annual decrease mainly related to a lower exposure in investments in foreign countries. During 3Q07 the investment portfolio contracted by a 12.6%, mostly in short term Central Bank securities classified as trading securities. It is worth mentioning that the decrease in the investment portfolio balance responded mainly to lower technical reserves as a result of both the increase in the Bank’s capital and the new regulation N° 20,190 recently put in place, known as Capital Market II, related to technical reserves. 

On September 30, 2007, the investment portfolio was allocated as follows: 

As of September 30, 2007, the Bank’s Shareholders’ Equity totaled Ch$956,299 million (US$1,869 million), a 14.9% growth as compared to 3Q06, mainly as a consequence of: (i) a 17.9% increase in capital and reserves, related to the capitalization of Ch$34,909 million of the 2006 net income and the capital increase of approximately Ch$84,542 million in 3Q07 and, to a lesser extent, to (ii) the 2.2% expansion in the accumulated net income.

As of September 30, 2007, on a consolidated basis, Basic Capital to Total Assets reached 5.74%, while Total Capital to Risk-Adjusted Assets (BIS ratio) posted 11.49%, both ratios above the minimum requirements applicable to Banco de Chile of 3% and 10%, respectively.

	2007 Third Quarter Results

	2007 Third Quarter Results

	2007 Third Quarter Results

	2007 Third Quarter Results

Notes

(1) These figures w ere ex pressed in constant C hilean pesos as of Septem ber 30, 2007.
(2) These figures w ere calculated considering the nom inal net incom e, the shares outstanding and the ex change rates ex isting at the end of each period.
(3) The ratios w ere calculated as an av erage of daily balances.
(4) Annualized data.

	2007 Third Quarter Results

FORWARD-LOOKING INFORMATION

The information contained herein incorporates by reference statements which constitute ‘‘forward-looking statements,’’ in that they include statements regarding the intent, belief or current expectations of our directors and officers with respect to our future operating performance. Such statements include any forecasts, projections and descriptions of anticipated cost savings or other synergies. You should be aware that any such forward-looking statements are not guarantees of future performance and may involve risks and uncertainties, and that actual results may differ from those set forth in the forward-looking statements as a result of various factors (including, without limitations, the actions of competitors, future global economic conditions, market conditions, foreign exchange rates, and operating and financial risks related to managing growth and integrating acquired businesses), many of which are beyond our control. The occurrence of any such factors not currently expected by us would significantly alter the results set forth in these statements.

Factors that could cause actual results to differ materially and adversely include, but are not limited to:

• changes in general economic, business or political or other conditions in Chile or changes in general economic or business conditions in Latin America;
• changes in capital markets in general that may affect policies or attitudes toward lending to Chile or Chilean companies;
• unexpected developments in certain existing litigation;
• increased costs;
• unanticipated increases in financing and other costs or the inability to obtain additional debt or equity financing on attractive terms; and

Undue reliance should not be placed on such statements, which speak only as of the date that they were made. Our independent public accountants have not examined or compiled the forward-looking statements and, accordingly, do not provide any assurance with respect to such statements. These cautionary statements should be considered in connection with any written or oral forward-looking statements that we may issue in the future. We do not undertake any obligation to release publicly any revisions to such forward-looking statements after completion of this offering to reflect later events or circumstances or to reflect the occurrence of unanticipated events.