<?xml version="1.0" encoding="utf-8"?>
<?taxonomy-version 2.0.0?>
<!--(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" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x1" xlink:label="loc_eba_x1" />
    <link:label xlink:type="resource" xlink:label="label_eba_x1" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Instruments with a call exercisable after the reporting date, and which do not meet the conditions in Article 49 of CRR after the date of effective maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x1" xlink:to="label_eba_x1" />
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x2" xlink:label="loc_eba_x2" />
    <link:label xlink:type="resource" xlink:label="label_eba_x2" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Instruments with a call exercisable after the reporting date, and which meet the conditions in Article 49 of CRR after the date of effective maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x2" xlink:to="label_eba_x2" />
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x3" xlink:label="loc_eba_x3" />
    <link:label xlink:type="resource" xlink:label="label_eba_x3" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Instruments with a call exercisable prior to or on 20 July 2011, and which do not meet the conditions in Article 49 of CRR after the date of effective maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x3" xlink:to="label_eba_x3" />
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x4" xlink:label="loc_eba_x4" />
    <link:label xlink:type="resource" xlink:label="label_eba_x4" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Instruments with a call or an incentive to redeem</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x4" xlink:to="label_eba_x4" />
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x5" xlink:label="loc_eba_x5" />
    <link:label xlink:type="resource" xlink:label="label_eba_x5" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Instruments without a call or an incentive to redeem</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x5" xlink:to="label_eba_x5" />
    <link:loc xlink:type="locator" xlink:href="mem.xsd#eba_x0" xlink:label="loc_eba_x0" />
    <link:label xlink:type="resource" xlink:label="label_eba_x0" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Not applicable/ All instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_eba_x0" xlink:to="label_eba_x0" />
  </link:labelLink>
</link:linkbase>