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    <link:label xlink:type="resource" xlink:label="label_CapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalRequirements" xml:lang="es" id="label_CapitalRequirements">REQUERIMIENTOS DE RECURSOS PROPIOS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalRequirements" xlink:to="label_CapitalRequirements" xlink:title="label: CapitalRequirements to label_CapitalRequirements"/>
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    <link:label xlink:type="resource" xlink:label="label_CapitalRequirementsRelatedFixedOverheads" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CapitalRequirementsRelatedFixedOverheads" xml:lang="es" id="label_CapitalRequirementsRelatedFixedOverheads">REQUERIMIENTOS DE RECURSOS PROPIOS LIGADOS A LOS GASTOS DE ESTRUCTURA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalRequirementsRelatedFixedOverheads" xlink:to="label_CapitalRequirementsRelatedFixedOverheads" xlink:title="label: CapitalRequirementsRelatedFixedOverheads to label_CapitalRequirementsRelatedFixedOverheads"/>
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    <link:label xlink:type="resource" xlink:label="label_OtherTransitionalCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherTransitionalCapitalRequirements" xml:lang="es" id="label_OtherTransitionalCapitalRequirements">REQUERIMIENTOS DE RECURSOS PROPIOS TRANSITORIOS Y OTROS </link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTransitionalCapitalRequirements" xlink:to="label_OtherTransitionalCapitalRequirements" xlink:title="label: OtherTransitionalCapitalRequirements to label_OtherTransitionalCapitalRequirements"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_SurplusDeficitOwnFunds" xlink:label="SurplusDeficitOwnFunds" xlink:title="SurplusDeficitOwnFunds"/>
    <link:label xlink:type="resource" xlink:label="label_SurplusDeficitOwnFunds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SurplusDeficitOwnFunds" xml:lang="es" id="label_SurplusDeficitOwnFunds">SUPERÁVIT (+) / DÉFICIT (-) DE RECURSOS PROPIOS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurplusDeficitOwnFunds" xlink:to="label_SurplusDeficitOwnFunds" xlink:title="label: SurplusDeficitOwnFunds to label_SurplusDeficitOwnFunds"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_TotalOriginalOwnFundsGeneralSolvencyPurposes" xlink:label="TotalOriginalOwnFundsGeneralSolvencyPurposes" xlink:title="TotalOriginalOwnFundsGeneralSolvencyPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_TotalOriginalOwnFundsGeneralSolvencyPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalOriginalOwnFundsGeneralSolvencyPurposes" xml:lang="es" id="label_TotalOriginalOwnFundsGeneralSolvencyPurposes">RECURSOS PROPIOS BÁSICOS TOTALES A EFECTOS GENERALES DE SOLVENCIA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalOriginalOwnFundsGeneralSolvencyPurposes" xlink:to="label_TotalOriginalOwnFundsGeneralSolvencyPurposes" xlink:title="label: TotalOriginalOwnFundsGeneralSolvencyPurposes to label_TotalOriginalOwnFundsGeneralSolvencyPurposes"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_TotalOwnFundsSolvencyPurposes" xlink:label="TotalOwnFundsSolvencyPurposes" xlink:title="TotalOwnFundsSolvencyPurposes"/>
    <link:label xlink:type="resource" xlink:label="label_TotalOwnFundsSolvencyPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TotalOwnFundsSolvencyPurposes" xml:lang="es" id="label_TotalOwnFundsSolvencyPurposes">TOTAL RECURSOS PROPIOS COMPUTABLES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalOwnFundsSolvencyPurposes" xlink:to="label_TotalOwnFundsSolvencyPurposes" xlink:title="label: TotalOwnFundsSolvencyPurposes to label_TotalOwnFundsSolvencyPurposes"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xlink:label="SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xlink:title="SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess"/>
    <link:label xlink:type="resource" xlink:label="label_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xml:lang="es" id="label_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess">SUPERÁVIT (+) / DÉFICIT (-) DE RECURSOS PROPIOS CONSIDERANDO EL ESTUDIO Y EVALUACIÓN DE LAS AUTORIDADES COMPETENTES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xlink:to="label_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess" xlink:title="label: SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess to label_SurplusDeficitOwnFundsTakingIntoAccountSupervisoryReviewProcess"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_OperationalRiskCapitalRequirements" xlink:label="OperationalRiskCapitalRequirements" xlink:title="OperationalRiskCapitalRequirements"/>
    <link:label xlink:type="resource" xlink:label="label_OperationalRiskCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperationalRiskCapitalRequirements" xml:lang="es" id="label_OperationalRiskCapitalRequirements">TOTAL REQUERIMIENTOS DE RECURSOS PROPIOS POR RIESGO OPERACIONAL</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalRiskCapitalRequirements" xlink:to="label_OperationalRiskCapitalRequirements" xlink:title="label: OperationalRiskCapitalRequirements to label_OperationalRiskCapitalRequirements"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_SettlementRiskCapitalRequirements" xlink:label="SettlementRiskCapitalRequirements" xlink:title="SettlementRiskCapitalRequirements"/>
    <link:label xlink:type="resource" xlink:label="label_SettlementRiskCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_SettlementRiskCapitalRequirements" xml:lang="es" id="label_SettlementRiskCapitalRequirements">RIESGO DE LIQUIDACIÓN</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SettlementRiskCapitalRequirements" xlink:to="label_SettlementRiskCapitalRequirements" xlink:title="label: SettlementRiskCapitalRequirements to label_SettlementRiskCapitalRequirements"/>
    <link:loc xlink:type="locator" xlink:href="http://www.c-ebs.org/eu/fr/esrs/corep/2006-07-01/p-cm-ca-2006-07-01.xsd#p-cm-ca_CreditRiskCapitalRequirements" xlink:label="CreditRiskCapitalRequirements" xlink:title="CreditRiskCapitalRequirements"/>
    <link:label xlink:type="resource" xlink:label="label_CreditRiskCapitalRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CreditRiskCapitalRequirements" xml:lang="es" id="label_CreditRiskCapitalRequirements">REQUERIMIENTOS DE RECURSOS PROPIOS</link:label>
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