<?xml version="1.0" encoding="utf-8"?>
<?taxonomy-version 1.0.3.0?> <?taxonomy-set-overall-version 2.6.0.0?>
<!--(C) EBA-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:gen="http://xbrl.org/2008/generic" xmlns:label="http://xbrl.org/2008/label" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd http://xbrl.org/2008/generic http://www.xbrl.org/2008/generic-link.xsd http://xbrl.org/2008/label http://www.xbrl.org/2008/generic-label.xsd">
  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label" />
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/label" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#standard-label" />
  <link:roleRef roleURI="http://www.xbrl.org/2008/role/verboseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#verbose-label" />
  <gen:link xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_tF_35.00.a" xlink:label="loc_eba_tF_35.00.a" />
    <label:label xlink:type="resource" xlink:label="label_eba_tF_35.00.a" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">F 35.00.a (AE-CB1)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_tF_35.00.a" xlink:to="label_eba_tF_35.00.a" />
    <label:label xlink:type="resource" xlink:label="label_eba_tF_35.00.a_1" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/verboseLabel">F 35.00.a (AE-CB1) Asset encumbrance: Covered bonds issuance (a)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_tF_35.00.a" xlink:to="label_eba_tF_35.00.a_1" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_a1" xlink:label="loc_eba_a1" />
    <label:label xlink:type="resource" xlink:label="label_eba_a1" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Columns</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_a1" xlink:to="label_eba_a1" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24681" xlink:label="loc_eba_c24681" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24681" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Covered bond liabilities</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24681" xlink:to="label_eba_c24681" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24682" xlink:label="loc_eba_c24682" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24682" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Reporting date</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24682" xlink:to="label_eba_c24682" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24683" xlink:label="loc_eba_c24683" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24683" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 6 months</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24683" xlink:to="label_eba_c24683" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24684" xlink:label="loc_eba_c24684" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24684" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 12 months</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24684" xlink:to="label_eba_c24684" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24685" xlink:label="loc_eba_c24685" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24685" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 2 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24685" xlink:to="label_eba_c24685" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24686" xlink:label="loc_eba_c24686" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24686" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 5 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24686" xlink:to="label_eba_c24686" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24687" xlink:label="loc_eba_c24687" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24687" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 10 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24687" xlink:to="label_eba_c24687" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24688" xlink:label="loc_eba_c24688" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24688" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Cover pool</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24688" xlink:to="label_eba_c24688" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24689" xlink:label="loc_eba_c24689" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24689" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Reporting date</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24689" xlink:to="label_eba_c24689" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24690" xlink:label="loc_eba_c24690" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24690" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 6 months</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24690" xlink:to="label_eba_c24690" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24691" xlink:label="loc_eba_c24691" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24691" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 12 months</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24691" xlink:to="label_eba_c24691" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24692" xlink:label="loc_eba_c24692" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24692" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 2 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24692" xlink:to="label_eba_c24692" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24693" xlink:label="loc_eba_c24693" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24693" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 5 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24693" xlink:to="label_eba_c24693" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24694" xlink:label="loc_eba_c24694" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24694" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">+ 10 years</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24694" xlink:to="label_eba_c24694" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_a2" xlink:label="loc_eba_a2" />
    <label:label xlink:type="resource" xlink:label="label_eba_a2" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Rows</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_a2" xlink:to="label_eba_a2" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24695" xlink:label="loc_eba_c24695" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24695" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Nominal amount</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24695" xlink:to="label_eba_c24695" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24696" xlink:label="loc_eba_c24696" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24696" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Present value (swap) / Market value</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24696" xlink:to="label_eba_c24696" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24697" xlink:label="loc_eba_c24697" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24697" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Asset-specific value</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24697" xlink:to="label_eba_c24697" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_c24698" xlink:label="loc_eba_c24698" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24698" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Carrying amount</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_c24698" xlink:to="label_eba_c24698" />
    <link:loc xlink:type="locator" xlink:href="f_35.00.a-rend.xml#eba_a3" xlink:label="loc_eba_a3" />
    <label:label xlink:type="resource" xlink:label="label_eba_a3" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Cover pool identifier (open)</label:label>
    <gen:arc xlink:type="arc" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="loc_eba_a3" xlink:to="label_eba_a3" />
  </gen:link>
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