<?xml version="1.0" encoding="UTF-8"?>
<link:linkbase 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" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_GainsLossesOnInvestingActivities" xlink:label="GainsLossesOnInvestingActivities"/>
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnInvestingActivities_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_GainsLossesOnInvestingActivities_001">Gains Losses On Investing Activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnInvestingActivities" xlink:to="label_GainsLossesOnInvestingActivities_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_DebtSecuritiesMeasuredAtAmortisedCost" xlink:label="DebtSecuritiesMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_DebtSecuritiesMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_DebtSecuritiesMeasuredAtAmortisedCost_001">Debt Securities Measured At Amortised Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesMeasuredAtAmortisedCost" xlink:to="label_DebtSecuritiesMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_FinancialLiabilitiesHeldForTradingAndHedgingDerivatives" xlink:label="FinancialLiabilitiesHeldForTradingAndHedgingDerivatives"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialLiabilitiesHeldForTradingAndHedgingDerivatives_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_FinancialLiabilitiesHeldForTradingAndHedgingDerivatives_001">Financial Liabilities Held For Trading And Hedging Derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesHeldForTradingAndHedgingDerivatives" xlink:to="label_FinancialLiabilitiesHeldForTradingAndHedgingDerivatives_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome"/>
    <link:label xlink:type="resource" xlink:label="label_ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_001">Changes in financial assets at fair value through other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="label_ChangesInFinancialAssetsAtFairValueThroughOtherComprehensiveIncome_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities" xlink:label="AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities_001">Adjustments for increase (decrease) in amounts due to lease libilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities" xlink:to="label_AdjustmentsForIncreaseDecreaseInAmountsDueToLeaseLibilities_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost" xlink:label="AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost_001">Adjustments for increase (decrease) in amounts due to banks measured at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost" xlink:to="label_AdjustmentsForIncreaseDecreaseInAmountsDueToBanksMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties" xlink:label="OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties"/>
    <link:label xlink:type="resource" xlink:label="label_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties_001">Other comprehensive income, net of tax, gains (losses) on revaluation of investment properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties" xlink:to="label_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRevaluationOfInvestmentProperties_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ShareCapital" xlink:label="ShareCapital"/>
    <link:label xlink:type="resource" xlink:label="label_ShareCapital_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ShareCapital_001">Share Capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ShareCapital" xlink:to="label_ShareCapital_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_AmountsDueToBanksMeasuredAtAmortisedCost" xlink:label="AmountsDueToBanksMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_AmountsDueToBanksMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_AmountsDueToBanksMeasuredAtAmortisedCost_001">Amounts Due To Banks Measured At Amortised Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsDueToBanksMeasuredAtAmortisedCost" xlink:to="label_AmountsDueToBanksMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost" xlink:label="AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost_001">Adjustments for increase (decrease) in amounts due to customers measured at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost" xlink:to="label_AdjustmentsForIncreaseDecreaseInAmountsDueToCustomersMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_DebtSecuritiesMandatorilyMeasuredAtFairValue" xlink:label="DebtSecuritiesMandatorilyMeasuredAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_DebtSecuritiesMandatorilyMeasuredAtFairValue_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_DebtSecuritiesMandatorilyMeasuredAtFairValue_001">Debt Securities Mandatorily Measured At Fair Value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesMandatorilyMeasuredAtFairValue" xlink:to="label_DebtSecuritiesMandatorilyMeasuredAtFairValue_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss" xlink:label="ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss"/>
    <link:label xlink:type="resource" xlink:label="label_ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss_001">Changes of non trading securities mandatorily at fair value through profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss" xlink:to="label_ChangesOfNonTradingSecuritiesMandatorilyAtFairValueThroughProfitOrLoss_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss" xlink:label="GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss"/>
    <link:label xlink:type="resource" xlink:label="label_GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss_001">Gains Losses Arising From Derecognition Of Financial Assets And Liabilities Not Measured At Fair Value Through Profit Or Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss" xlink:to="label_GainsLossesArisingFromDerecognitionOfFinancialAssetsAndLiabilitiesNotMeasuredAtFairValueThroughProfitOrLoss_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ChangesInSecuritiesAtAmortisedCost" xlink:label="ChangesInSecuritiesAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_ChangesInSecuritiesAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ChangesInSecuritiesAtAmortisedCost_001">Changes in securities at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInSecuritiesAtAmortisedCost" xlink:to="label_ChangesInSecuritiesAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_CostOfLegalRiskRelatedToForeignCurrencyLoans" xlink:label="CostOfLegalRiskRelatedToForeignCurrencyLoans"/>
    <link:label xlink:type="resource" xlink:label="label_CostOfLegalRiskRelatedToForeignCurrencyLoans_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_CostOfLegalRiskRelatedToForeignCurrencyLoans_001">Cost Of Legal Risk Related To Foreign Currency Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostOfLegalRiskRelatedToForeignCurrencyLoans" xlink:to="label_CostOfLegalRiskRelatedToForeignCurrencyLoans_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_RepaymentsOfLoansAndAdvancesFromBanks" xlink:label="RepaymentsOfLoansAndAdvancesFromBanks"/>
    <link:label xlink:type="resource" xlink:label="label_RepaymentsOfLoansAndAdvancesFromBanks_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_RepaymentsOfLoansAndAdvancesFromBanks_001">Repayments of loans and advances from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfLoansAndAdvancesFromBanks" xlink:to="label_RepaymentsOfLoansAndAdvancesFromBanks_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_LoansAndAdvancesToCustomersMeasuredAtAmortisedCost" xlink:label="LoansAndAdvancesToCustomersMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndAdvancesToCustomersMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_LoansAndAdvancesToCustomersMeasuredAtAmortisedCost_001">Loans And Advances To Customers Measured At Amortised Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomersMeasuredAtAmortisedCost" xlink:to="label_LoansAndAdvancesToCustomersMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ChangesInIssuedDebtSecurities" xlink:label="ChangesInIssuedDebtSecurities"/>
    <link:label xlink:type="resource" xlink:label="label_ChangesInIssuedDebtSecurities_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ChangesInIssuedDebtSecurities_001">Changes in issued debt securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInIssuedDebtSecurities" xlink:to="label_ChangesInIssuedDebtSecurities_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_FinancialAssetsHeldForTradingAndHedgingDerivatives" xlink:label="FinancialAssetsHeldForTradingAndHedgingDerivatives"/>
    <link:label xlink:type="resource" xlink:label="label_FinancialAssetsHeldForTradingAndHedgingDerivatives_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_FinancialAssetsHeldForTradingAndHedgingDerivatives_001">Financial Assets Held For Trading And Hedging Derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldForTradingAndHedgingDerivatives" xlink:to="label_FinancialAssetsHeldForTradingAndHedgingDerivatives_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees" xlink:label="SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees"/>
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees_001">Sharebased Payment Transactions Value Of Services Provided By Employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees" xlink:to="label_SharebasedPaymentTransactionsValueOfServicesProvidedByEmployees_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives" xlink:label="ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives"/>
    <link:label xlink:type="resource" xlink:label="label_ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives_001">Changes in financial assets and liabilities held for trading and hedging derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives" xlink:to="label_ChangesInFinancialAssetsAndLiabilitiesHeldForTradingAndHedgingDerivatives_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_SharebasedPaymentTransactionsSettlementOfExercisedOptions" xlink:label="SharebasedPaymentTransactionsSettlementOfExercisedOptions"/>
    <link:label xlink:type="resource" xlink:label="label_SharebasedPaymentTransactionsSettlementOfExercisedOptions_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_SharebasedPaymentTransactionsSettlementOfExercisedOptions_001">Sharebased Payment Transactions Settlement Of Exercised Options</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharebasedPaymentTransactionsSettlementOfExercisedOptions" xlink:to="label_SharebasedPaymentTransactionsSettlementOfExercisedOptions_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_AmountsDueToCustomersMeasuredAtAmortisedCost" xlink:label="AmountsDueToCustomersMeasuredAtAmortisedCost"/>
    <link:label xlink:type="resource" xlink:label="label_AmountsDueToCustomersMeasuredAtAmortisedCost_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_AmountsDueToCustomersMeasuredAtAmortisedCost_001">Amounts Due To Customers Measured At Amortised Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsDueToCustomersMeasuredAtAmortisedCost" xlink:to="label_AmountsDueToCustomersMeasuredAtAmortisedCost_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss" xlink:label="GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss"/>
    <link:label xlink:type="resource" xlink:label="label_GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss_001">Gains Losses On Non Trading Financial Assets Mandatorily At Fair Value Through Profit Or Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss" xlink:to="label_GainsLossesOnNonTradingFinancialAssetsMandatorilyAtFairValueThroughProfitOrLoss_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <link:label xlink:type="resource" xlink:label="label_IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss_001">Income Similar To Interest On Financial Assets At Fair Value Through Profit Or Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="label_IncomeSimilarToInterestOnFinancialAssetsAtFairValueThroughProfitOrLoss_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_EquityInstrumentsMandatorilyMeasuredAtFairValue" xlink:label="EquityInstrumentsMandatorilyMeasuredAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_EquityInstrumentsMandatorilyMeasuredAtFairValue_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_EquityInstrumentsMandatorilyMeasuredAtFairValue_001">Equity Instruments Mandatorily Measured At Fair Value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsMandatorilyMeasuredAtFairValue" xlink:to="label_EquityInstrumentsMandatorilyMeasuredAtFairValue_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_NetTradingIncomeExpense" xlink:label="NetTradingIncomeExpense"/>
    <link:label xlink:type="resource" xlink:label="label_NetTradingIncomeExpense_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_NetTradingIncomeExpense_001">Net Trading Income Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetTradingIncomeExpense" xlink:to="label_NetTradingIncomeExpense_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue" xlink:label="LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue"/>
    <link:label xlink:type="resource" xlink:label="label_LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue_001">Loans And Advances To Customers Mandatorily Measured At Fair Value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue" xlink:to="label_LoansAndAdvancesToCustomersMandatorilyMeasuredAtFairValue_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_PropertyPlantAndEquipmentAndRightOfUse" xlink:label="PropertyPlantAndEquipmentAndRightOfUse"/>
    <link:label xlink:type="resource" xlink:label="label_PropertyPlantAndEquipmentAndRightOfUse_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_PropertyPlantAndEquipmentAndRightOfUse_001">Property Plant And Equipment And Right Of Use</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentAndRightOfUse" xlink:to="label_PropertyPlantAndEquipmentAndRightOfUse_001"/>
    <link:loc xlink:type="locator" xlink:href="259400DZXF7UJKK2AY35-2022-12-31.xsd#mBank_StatementOfChangesInEquityAbstractTable001" xlink:label="StatementOfChangesInEquityAbstractTable001"/>
    <link:label xlink:type="resource" xlink:label="label_StatementOfChangesInEquityAbstractTable001_001" xlink:role="http://www.xbrl.org/2003/role/label" xml:lang="en" id="label_StatementOfChangesInEquityAbstractTable001_001">Statement Of Changes In Equity Abstract Table001</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityAbstractTable001" xlink:to="label_StatementOfChangesInEquityAbstractTable001_001"/>
  </link:labelLink>
</link:linkbase>
