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<!--(C) EBA-->
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    <label:label xlink:type="resource" xlink:label="label_eba_tF_32.03.b" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">F 32.03.b (AE-NPL)</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_tF_32.03.b_1" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/verboseLabel">F 32.03.b (AE-NPL) Asset encumbrance: Not pledged. Own covered bonds and ABS issued and not yet pledged (b)</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_c24077" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Non-encumbered</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_c24079" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">of which: central bank's eligible</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_c24081" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Own covered bonds and ABSs issued and not yet pledged</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_c24084" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Senior</label:label>
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    <link:loc xlink:type="locator" xlink:href="f_32.03.b-rend.xml#eba_c24085" xlink:label="loc_eba_c24085" />
    <label:label xlink:type="resource" xlink:label="label_eba_c24085" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">Mezzanine</label:label>
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    <label:label xlink:type="resource" xlink:label="label_eba_c24086" xml:lang="en" xlink:role="http://www.xbrl.org/2008/role/label">First Loss</label:label>
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