<?xml version="1.0" encoding="UTF-8"?>
<!-- Generated by Fujitsu XWand B0114C -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:presentationLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_DistribucionDimension" xlink:label="DistribucionDimension" xlink:title="DistribucionDimension"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_TotalSectorial" xlink:label="TotalSectorial" xlink:title="TotalSectorial"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DistribucionDimension" xlink:to="TotalSectorial" xlink:title="presentation: DistribucionDimension to TotalSectorial" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_Distribucion" xlink:label="Distribucion" xlink:title="Distribucion"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="DistribucionDimension" xlink:to="Distribucion" xlink:title="presentation: DistribucionDimension to Distribucion" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_GrupoConsolidableEntidadesCredito" xlink:label="GrupoConsolidableEntidadesCredito" xlink:title="GrupoConsolidableEntidadesCredito"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Distribucion" xlink:to="GrupoConsolidableEntidadesCredito" xlink:title="presentation: Distribucion to GrupoConsolidableEntidadesCredito" order="1.0"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_EntidadesSeguros" xlink:label="EntidadesSeguros" xlink:title="EntidadesSeguros"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Distribucion" xlink:to="EntidadesSeguros" xlink:title="presentation: Distribucion to EntidadesSeguros" order="2.0"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_OtrasEntidades" xlink:label="OtrasEntidades" xlink:title="OtrasEntidades"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Distribucion" xlink:to="OtrasEntidades" xlink:title="presentation: Distribucion to OtrasEntidades" order="3.0"/>
    <link:loc xlink:type="locator" xlink:href="es-be-d-FINREP-distribucion.xsd#es-be-d-FR-dist_AjustesEliminaciones" xlink:label="AjustesEliminaciones" xlink:title="AjustesEliminaciones"/>
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="Distribucion" xlink:to="AjustesEliminaciones" xlink:title="presentation: Distribucion to AjustesEliminaciones" order="4.0"/>
  </link:presentationLink>
</link:linkbase>
