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    <label xlink:label="label_nordea_nordeaNettoresultatAvFoersaekringsverksamhet_Standard" id="nordea_nordeaNettoresultatAvFoersaekringsverksamhet_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Nettoresultat av försäkringsverksamhet</label>
    <label xlink:label="label_nordea_nordeaNettoresultatAvPosterTillVerkligtVaerde_Standard" id="nordea_nordeaNettoresultatAvPosterTillVerkligtVaerde_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Nettoresultat av poster till verkligt värde</label>
    <label xlink:label="label_nordea_nordeaLagstadgadeAvgifter_Standard" id="nordea_nordeaLagstadgadeAvgifter_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Lagstadgade avgifter</label>
    <label xlink:label="label_nordea_nordeaResultatFoereKreditfoerluster_Standard" id="nordea_nordeaResultatFoereKreditfoerluster_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Resultat före kreditförluster</label>
    <label xlink:label="label_nordea_nordeaNettoresultatAvUtlaningIPortfoeljerSomHallsTillFoerfallOchObligatorisktVaerderasTillVerkligtVaerde_Standard" id="nordea_nordeaNettoresultatAvUtlaningIPortfoeljerSomHallsTillFoerfallOchObligatorisktVaerderasTillVerkligtVaerde_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Nettoresultat av utlåning i portföljer som hålls till förfall och obligatoriskt värderas till verkligt värde</label>
    <label xlink:label="label_nordea_nordeaInnehavareAvOvrigtPrimarkapital_Standard" id="nordea_nordeaInnehavareAvOvrigtPrimarkapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Innehavare av övrigt primärkapital</label>
    <label xlink:label="label_nordea_nordeaSkattPaOmklassificeratTillResultatraekningenFVOCI_Standard" id="nordea_nordeaSkattPaOmklassificeratTillResultatraekningenFVOCI_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Skatt på omklassificerat till resultaträkningen övrigt totalresultat</label>
    <label xlink:label="label_nordea_nordeaSkattPaOmklassificeratTillResultatraekningenCF_Standard" id="nordea_nordeaSkattPaOmklassificeratTillResultatraekningenCF_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Skatt på omklassificerat till resultaträkningen, kassaflödessäkringar</label>
    <label xlink:label="label_nordea_nordeaKassaOchTillgodohavandenHosCentralbanker_Standard" id="nordea_nordeaKassaOchTillgodohavandenHosCentralbanker_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Kassa och tillgodohavanden hos centralbanker</label>
    <label xlink:label="label_nordea_nordeaUtlaningTillCentralbanker_Standard" id="nordea_nordeaUtlaningTillCentralbanker_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Utlåning till centralbanker</label>
    <label xlink:label="label_nordea_nordeaUtlaningTillKreditinstitut_Standard" id="nordea_nordeaUtlaningTillKreditinstitut_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Utlåning till kreditinstitut</label>
    <label xlink:label="label_nordea_nordeaUtlaningTillAllmaenheten_Standard" id="nordea_nordeaUtlaningTillAllmaenheten_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Utlåning till allmänheten</label>
    <label xlink:label="label_nordea_nordeaTillgangarIPlaceringsportfoeljerOchFondfoersaekringsavtal_Standard" id="nordea_nordeaTillgangarIPlaceringsportfoeljerOchFondfoersaekringsavtal_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Tillgångar i placeringsportföljer och fondförsäkringsavtal</label>
    <label xlink:label="label_nordea_nordeaMateriellaTillgangar_Standard" id="nordea_nordeaMateriellaTillgangar_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Materiella tillgångar</label>
    <label xlink:label="label_nordea_nordeaFoerutbetaldaKostnaderOchUpplupnaIntaekter_Standard" id="nordea_nordeaFoerutbetaldaKostnaderOchUpplupnaIntaekter_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förutbetalda kostnader och upplupna intäkter</label>
    <label xlink:label="label_nordea_nordeaSkulderTillKreditinstitut_Standard" id="nordea_nordeaSkulderTillKreditinstitut_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Skulder till kreditinstitut</label>
    <label xlink:label="label_nordea_nordeaInOchUpplaningFranAllmaenheten_Standard" id="nordea_nordeaInOchUpplaningFranAllmaenheten_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">In- och upplåning från allmänheten</label>
    <label xlink:label="label_nordea_nordeaInlaningIPlaceringsportfoeljerOchFondfoersaekringsavtal_Standard" id="nordea_nordeaInlaningIPlaceringsportfoeljerOchFondfoersaekringsavtal_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Inlåning i placeringsportföljer och fondförsäkringsavtal</label>
    <label xlink:label="label_nordea_nordeaUpplupnaKostnaderOchFoerutbetaldaIntaekter_Standard" id="nordea_nordeaUpplupnaKostnaderOchFoerutbetaldaIntaekter_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Upplupna kostnader och förutbetalda intäkter</label>
    <label xlink:label="label_nordea_nordeaInnehavareAvOvrigtPrimarkapitalEQ_Standard" id="nordea_nordeaInnehavareAvOvrigtPrimarkapitalEQ_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Innehavare av övrigt primärkapital</label>
    <label xlink:label="label_nordea_nordeaInvesteratEgetKapital_Standard" id="nordea_nordeaInvesteratEgetKapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Investerat eget kapital</label>
    <label xlink:label="label_nordea_Investeratfrittegetkapitalmember" id="nordea_Investeratfrittegetkapitalmember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">InvesteratFrittEgetKapitalMember</label>
    <label xlink:label="label_nordea_Innehavareavovrigtprimarkapitalmember" id="nordea_Innehavareavovrigtprimarkapitalmember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">InnehavareAvOvrigtPrimarkapitalMember</label>
    <label xlink:label="label_nordea_ChangesInEquityTable" id="nordea_ChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändringar i eget kapital [table]</label>
    <label xlink:label="label_ChangesInEquityLineItems" id="ChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändringar i eget kapital [line items]</label>
    <label xlink:label="label_nordea_nordeaBetaldRantaOvrigtPrimarkapital_Standard" id="nordea_nordeaBetaldRantaOvrigtPrimarkapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Betald ränta övrigt primärkapital</label>
    <label xlink:label="label_nordea_nordeaForandringIInnehavareAvOvrigtPrimarkapital_Standard" id="nordea_nordeaForandringIInnehavareAvOvrigtPrimarkapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring i innehavare av övrigt primärkapital</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvUtlaningTillCentralbanker_Standard" id="nordea_nordeaFoeraendringAvUtlaningTillCentralbanker_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av utlåning till centralbanker</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvUtlaningTillKreditinstitut_Standard" id="nordea_nordeaFoeraendringAvUtlaningTillKreditinstitut_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av utlåning till kreditinstitut</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvUtlaningTillAllmaenheten_Standard" id="nordea_nordeaFoeraendringAvUtlaningTillAllmaenheten_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av utlåning till allmänheten</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvRaentebaerandeVaerdepapper_Standard" id="nordea_nordeaFoeraendringAvRaentebaerandeVaerdepapper_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av räntebärande värdepapper</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvAktierOchAndelar_Standard" id="nordea_nordeaFoeraendringAvAktierOchAndelar_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av aktier och andelar</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvDerivatinstrumentNetto_Standard" id="nordea_nordeaFoeraendringAvDerivatinstrumentNetto_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av derivatinstrument, netto</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvFoervaltningsfastigheter_Standard" id="nordea_nordeaFoeraendringAvFoervaltningsfastigheter_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av förvaltningsfastigheter</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvSkulderTillKreditinstitut_Standard" id="nordea_nordeaFoeraendringAvSkulderTillKreditinstitut_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av skulder till kreditinstitut</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvInOchUpplaningFranAllmaenheten_Standard" id="nordea_nordeaFoeraendringAvInOchUpplaningFranAllmaenheten_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av in- och upplåning från allmänheten</label>
    <label xlink:label="label_nordea_nordeaFoeraendringAvEmitteradeVaerdepapper_Standard" id="nordea_nordeaFoeraendringAvEmitteradeVaerdepapper_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Förändring av emitterade värdepapper</label>
    <label xlink:label="label_nordea_nordeaFoersaeljningAterkoepAvEgnaAktierInklusiveFoeraendringarITradingportfoeljen_Standard" id="nordea_nordeaFoersaeljningAterkoepAvEgnaAktierInklusiveFoeraendringarITradingportfoeljen_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Försäljning/återköp av egna aktier, inklusive förändringar i tradingportföljen</label>
    <label xlink:label="label_nordea_nordeaBetaldRaentaPaOEvrigtPrimaerkapital_Standard" id="nordea_nordeaBetaldRaentaPaOEvrigtPrimaerkapital_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Betald ränta på övrigt primärkapital</label>
    <label xlink:label="label_nordea_nordeaAktieaterkop_Standard" id="nordea_nordeaAktieaterkop_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Aktieaterkop</label>
    <label xlink:label="label_nordea_nordeaTransaktionskostnader_Standard" id="nordea_nordeaTransaktionskostnader_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="sv">Transaktionskostnader</label>
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