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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesExplotacion_AumentoDisminucionNetoActivosExplotacion_ActivosDisponiblesParaVenta-Valor" xlink:label="newItem9" xlink:title="newItem9"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesExplotacion_AumentoDisminucionNetoPasivosExplotacion_PasivosParaNegociar-Valor" xlink:label="newItem13" xlink:title="newItem13"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesExplotacion_AumentoDisminucionNetoPasivosExplotacion_PasivosDesignadosCambiosEnResultados-Valor" xlink:label="newItem14" xlink:title="newItem14"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion-Valor" xlink:label="newItem18" xlink:title="newItem18"/>
    <link:label xlink:type="resource" xlink:label="label_newItem18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem18" xml:lang="es" id="label_newItem18">B   FLUJOS DE EFECTIVO DE LAS ACTIVIDADES DE INVERSIÓN</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_ActivosTangibles-Valor" xlink:label="newItem20" xlink:title="newItem20"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_ActivosIntangibles-Valor" xlink:label="newItem21" xlink:title="newItem21"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_InversionesDependientesNegociosConjuntosYAsociadas-Valor" xlink:label="newItem22" xlink:title="newItem22"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_EntidadesDependientesOtrasUnidesdeNegocio-Valor" xlink:label="newItem23" xlink:title="newItem23"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_OtrosPagosActividadesInversion-Valor" xlink:label="newItem26" xlink:title="newItem26"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros-Valor" xlink:label="newItem27" xlink:title="newItem27"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_ActivosTangibles-Valor" xlink:label="newItem28" xlink:title="newItem28"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_ActivosIntangibles-Valor" xlink:label="newItem29" xlink:title="newItem29"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_InversionesNegociosConjuntosYAsociadas-Valor" xlink:label="newItem30" xlink:title="newItem30"/>
    <link:label xlink:type="resource" xlink:label="label_newItem30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem30" xml:lang="es" id="label_newItem30">Inversiones en negocios conjuntos y asociadas</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesFinanciacion_Cobros_EnajenacionInstrumentosPatrimonioPropio-Valor" xlink:label="newItem47" xlink:title="newItem47"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesFinanciacion_Pagos_PasivosSubordinados-Valor" xlink:label="newItem40" xlink:title="newItem40"/>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesFinanciacion_Pagos_Dividendos-Valor" xlink:label="newItem39" xlink:title="newItem39"/>
    <link:label xlink:type="resource" xlink:label="label_newItem39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem39" xml:lang="es" id="label_newItem39">Dividendos</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesFinanciacion_Pagos-Valor" xlink:label="newItem38" xlink:title="newItem38"/>
    <link:label xlink:type="resource" xlink:label="label_newItem38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem38" xml:lang="es" id="label_newItem38">Pagos</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesFinanciacion-Valor" xlink:label="newItem37" xlink:title="newItem37"/>
    <link:label xlink:type="resource" xlink:label="label_newItem37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem37" xml:lang="es" id="label_newItem37">C   FLUJOS DE EFECTIVO DE LAS ACTIVIDADES DE FINANCIACIÓN</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_OtrosCobrosActividadesInversion-Valor" xlink:label="newItem36" xlink:title="newItem36"/>
    <link:label xlink:type="resource" xlink:label="label_newItem36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem36" xml:lang="es" id="label_newItem36">Otros cobros relacionados con actividades de inversión</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_InversionesHastaVencimiento-Valor" xlink:label="newItem35" xlink:title="newItem35"/>
    <link:label xlink:type="resource" xlink:label="label_newItem35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem35" xml:lang="es" id="label_newItem35">Inversiones mantenidas hasta el vencimiento</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_ActivosNoCorrientesPasivosParaVenta-Valor" xlink:label="newItem34" xlink:title="newItem34"/>
    <link:label xlink:type="resource" xlink:label="label_newItem34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem34" xml:lang="es" id="label_newItem34">Activos no corrientes y pasivos que se han clasificado como mantenidos para la venta</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_EntidadesDependientesOtrasUnidadesNegocio-Valor" xlink:label="newItem33" xlink:title="newItem33"/>
    <link:label xlink:type="resource" xlink:label="label_newItem33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem33" xml:lang="es" id="label_newItem33">Entidades dependientes y otras unidades de negocio</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_OtrasUnidadesNegocio-Valor" xlink:label="newItem32" xlink:title="newItem32"/>
    <link:label xlink:type="resource" xlink:label="label_newItem32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem32" xml:lang="es" id="label_newItem32">Otras unidades de negocio</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Cobros_InversionesDependientesNegociosConjuntosYAsociadas-Valor" xlink:label="newItem31" xlink:title="newItem31"/>
    <link:label xlink:type="resource" xlink:label="label_newItem31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem31" xml:lang="es" id="label_newItem31">Inversiones en dependientes, negocios conjuntos y asociadas</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_FlujosEfectivoActividadesInversion_Pagos_OtrasUnidadesNegocio-Valor" xlink:label="newItem52" xlink:title="newItem52"/>
    <link:label xlink:type="resource" xlink:label="label_newItem52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem52" xml:lang="es" id="label_newItem52">Otras unidades de negocio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="newItem52" xlink:to="label_newItem52" xlink:title="label: newItem52 to label_newItem52"/>
    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_EfectivoYEquivalentesInicioPeriodo-Valor" xlink:label="newItem53" xlink:title="newItem53"/>
    <link:label xlink:type="resource" xlink:label="label_newItem53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem53" xml:lang="es" id="label_newItem53">F    EFECTIVO Y EQUIVALENTES AL INICIO DEL PERÍODO</link:label>
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    <link:label xlink:type="resource" xlink:label="label_newItem54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem54" xml:lang="es" id="label_newItem54">G   EFECTIVO Y EQUIVALENTES AL FINAL DEL PERÍODO</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_ProMemoria" xlink:label="newItem55" xlink:title="newItem55"/>
    <link:label xlink:type="resource" xlink:label="label_newItem55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem55" xml:lang="es" id="label_newItem55">P R O - M E M O R I A</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_ComponentesEfectivoYEquivalentesFinalPeriodo_DelCualEnPoderEntidadesGrupoNoDisponiblePorGrupo" xlink:label="newItem57" xlink:title="newItem57"/>
    <link:label xlink:type="resource" xlink:label="label_newItem57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem57" xml:lang="es" id="label_newItem57">Del cual: en poder de entidades del grupo pero no disponible por el grupo</link:label>
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    <link:loc xlink:type="locator" xlink:href="contaep-entidadesCredito-efe.xsd#contaep-ecr-efe_ComponentesEfectivoYEquivalentesFinalPeriodo_Efectivo-Valor" xlink:label="newItem58" xlink:title="newItem58"/>
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    <link:label xlink:type="resource" xlink:label="label_newItem60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_newItem60" xml:lang="es" id="label_newItem60">Otros activos financieros</link:label>
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