Banco de Chile to Absorb Subsidiary SOCOFIN S.A.

TL;DR

Banco de Chile is dissolving its subsidiary SOCOFIN S.A. as of April 10, 2025.

AI Summary

On April 10, 2025, Banco de Chile announced its board of directors has approved the absorption and dissolution of its subsidiary, SOCOFIN S.A. This action is being reported as Material Information to the Chilean Financial Market Commission and local stock exchanges.

Why It Matters

This corporate restructuring may impact the financial reporting and operational structure of Banco de Chile and its consolidated entities.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure regarding the dissolution of a subsidiary, with no immediate financial distress indicated.

Key Players & Entities

• Banco de Chile (company) — Filer and parent company
• SOCOFIN S.A. (company) — Subsidiary to be absorbed and dissolved
• Solange Bernstein Jáuregui (person) — President of the Financial Market Commission
• April 10, 2025 (date) — Date of board approval and filing

FAQ

From the Filing

0001213900-25-030714.txt : 20250410 0001213900-25-030714.hdr.sgml : 20250410 20250410171911 ACCESSION NUMBER: 0001213900-25-030714 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250410 FILED AS OF DATE: 20250410 DATE AS OF CHANGE: 20250410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK OF CHILE CENTRAL INDEX KEY: 0001161125 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] ORGANIZATION NAME: 02 Finance EIN: 000000000 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15266 FILM NUMBER: 25829264 BUSINESS ADDRESS: STREET 1: PASEO AHUMADA 251 CITY: SANTIAGO STATE: F3 ZIP: 00000 BUSINESS PHONE: 562-637-2044 MAIL ADDRESS: STREET 1: PASEO AHUMADA 251 CITY: SANTIAGO STATE: F3 ZIP: 00000 6-K 1 ea0237902-6k_bankofchile.htm REPORT OF FOREIGN PRIVATE ISSUER 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 April, 2025 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 ☒ Form 40-F ☐ BANCO DE CHILE REPORT ON FORM 6-K Attached is an English translation of a letter filed by Banco de Chile with the Chilean Financial Market Commission and local stock exchanges, informing as Material Information that Banco de Chile’s board of directors agreed to absorb and dissolve its subsidiary SOCOFIN S.A. Santiago, April 10, 2025 Mrs. Solange Berstein Jáuregui President Financial Market Commission Present Ref.: Material Information / Banco de Chile Of our consideration: Pursuant to Articles 9 and 10 of Law No. 18,045, Chapter No. 18-10 of the Restated Regulations for Banks issued by the Financial Market Commission (“CMF”) and General Rule (“NCG”) No. 30 of the CMF, duly authorized for this purpose, I inform you, as a Material Information regarding this institution, that in the Bank’s Board of Directors meeting No. 3,029, held on April 10 of this year, it was agreed, subject to the prior approval by the CMF, to absorb Banco de Chile’s subsidiary, SOCOFIN S.A., through the purchase of the shares issued by said company, held by Banchile Asesoría Financiera S.A., and thereby cause the dissolution of SOCOFIN S.A., pursuant to Article 103, number 2 of Law No. 18,046. Furthermore, once the dissolution of the aforementioned company occurs, the Bank will be its legal successor. Sincerely, Alfredo Villegas Montes General Counsel 1 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 10, 2025 Banco de Chile /s/ Alfredo Villegas Montes By: Alfredo Villegas Montes General Counsel 2