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    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_2bff501e-8f1f-44cd-abba-f9ff8586ea18_negatedLabel_de" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Anpassungen für nicht ausgeschüttete Gewinne nach der Equity-Methode bilanzierter Finanzanlagen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod"/>
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    <link:label id="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_9e598292-22b2-451a-ba94-fe2d0b24d219_negatedLabel_de" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Gezahlte Ertragsteuern, als betriebliche Tätigkeit eingestuft</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital_label_de" xlink:label="lab_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Begebene Schuldverschreibungen, Nachrang- und Ergänzungskapital</link:label>
    <link:label id="lab_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital_documentation_de" xlink:label="lab_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Begebene Schuldverschreibungen, Nachrang- und Ergänzungskapital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital" xlink:to="lab_bawaggroupag_IssuedBondsSubordinatedAndSupplementaryCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities_deeeaec5-07fa-4ce5-ae2c-db562d182117_negatedTerseLabel_de" xlink:label="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="de">Gewinne und Verluste aus finanziellen Vermögenswerten und Schulden</link:label>
    <link:label id="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities_label_de" xlink:label="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Gewinne und Verluste aus finanziellen Vermögenswerten und Schulden</link:label>
    <link:label id="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities_documentation_de" xlink:label="lab_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Gewinne und Verluste aus finanziellen Vermögenswerten und Schulden</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_GainsAndLossesOnFinancialAssetsAndLiabilities"/>
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    <link:label id="lab_bawaggroupag_BrandNameAndCustomerRelationships_33784f00-a490-46a6-90ec-7959a26dcc05_terseLabel_de" xlink:label="lab_bawaggroupag_BrandNameAndCustomerRelationships" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Markennamen und Kundenstöcke</link:label>
    <link:label id="lab_bawaggroupag_BrandNameAndCustomerRelationships_label_de" xlink:label="lab_bawaggroupag_BrandNameAndCustomerRelationships" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Markennamen und Kundenstöcke</link:label>
    <link:label id="lab_bawaggroupag_BrandNameAndCustomerRelationships_documentation_de" xlink:label="lab_bawaggroupag_BrandNameAndCustomerRelationships" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Markennamen und Kundenstöcke</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_BrandNameAndCustomerRelationships" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_BrandNameAndCustomerRelationships"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_BrandNameAndCustomerRelationships" xlink:to="lab_bawaggroupag_BrandNameAndCustomerRelationships" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfSubordinatedLiabilities_8cd5205e-2764-43ab-8667-e61bdcb08bd1_negatedLabel_de" xlink:label="lab_ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Rückzahlungen von nachrangigen Schulden</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_RepaymentsOfSubordinatedLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:to="lab_ifrs-full_RepaymentsOfSubordinatedLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpense_de68a123-a9e9-4162-a6d2-f3a0d336c1b4_negatedLabel_de" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Zinsaufwendungen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_363d7081-9095-4e56-a608-5869f3ea1fa0_negatedLabel_de" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Als Finanzierungstätigkeiten eingestufte Zahlungen von Leasingverbindlichkeiten</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_TotalChangesOfAdditionalTier1Capital_label_de" xlink:label="lab_bawaggroupag_TotalChangesOfAdditionalTier1Capital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Veränderung AT1-Kapital</link:label>
    <link:label id="lab_bawaggroupag_TotalChangesOfAdditionalTier1Capital_documentation_de" xlink:label="lab_bawaggroupag_TotalChangesOfAdditionalTier1Capital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Veränderung AT1-Kapital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_TotalChangesOfAdditionalTier1Capital" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_TotalChangesOfAdditionalTier1Capital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_TotalChangesOfAdditionalTier1Capital" xlink:to="lab_bawaggroupag_TotalChangesOfAdditionalTier1Capital" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities_c146a08d-f969-4e8f-b052-38fbdf61f7ec_terseLabel_de" xlink:label="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Vermögenswerten (exklusive Investitionstätigkeit)</link:label>
    <link:label id="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities_label_de" xlink:label="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Vermögenswerten (exklusive Investitionstätigkeit)</link:label>
    <link:label id="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities_documentation_de" xlink:label="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Vermögenswerten (exklusive Investitionstätigkeit)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:to="lab_bawaggroupag_AdjustmentsForDecreaseIncreaseInOtherFinancialAssetsNotIncludingInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FeeAndCommissionExpense_6c843e12-b35a-4bac-951e-924c42cd59a2_negatedLabel_de" xlink:label="lab_ifrs-full_FeeAndCommissionExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Aufwendungen für Gebühren und Provisionen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FeeAndCommissionExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_FeeAndCommissionExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FeeAndCommissionExpense" xlink:to="lab_ifrs-full_FeeAndCommissionExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_6a889868-739c-420d-b7af-bca2af1c9bf7_negatedLabel_de" xlink:label="lab_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Erwerb von nicht nach der Equity-Methode bilanzierten Finanzanlagen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost_2283c1ef-0534-4ead-a982-679966b1f9fd_terseLabel_de" xlink:label="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">davon nach der Effektivzinsmethode berechnete Zinsaufwendungen</link:label>
    <link:label id="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost_label_de" xlink:label="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Zinsaufwendungen mittels Effektivzinsmethode ermittelt</link:label>
    <link:label id="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost_documentation_de" xlink:label="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Zinsaufwendungen mittels Effektivzinsmethode ermittelt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_InterestExpensecalculatedatamortisedcost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:to="lab_bawaggroupag_InterestExpensecalculatedatamortisedcost" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte_cacf91f4-e5c7-4095-876b-cd2a70969967_terseLabel_de" xlink:label="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Software und andere immaterielle Vermögenswerte</link:label>
    <link:label id="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte_label_de" xlink:label="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Software und andere immaterielle Vermögenswerte</link:label>
    <link:label id="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte_documentation_de" xlink:label="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Software und andere immaterielle Vermögenswerte</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:to="lab_bawaggroupag_SoftwareUndAndereImmaterielleVermoegenswerte" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReductionOfIssuedCapital_019c9feb-1037-7ee9-a4e1-0b060ac2c691_negatedLabel_de" xlink:label="lab_ifrs-full_ReductionOfIssuedCapital" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Abnahme des gezeichneten Kapitals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReductionOfIssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_ReductionOfIssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReductionOfIssuedCapital" xlink:to="lab_ifrs-full_ReductionOfIssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon_28f0712c-08e5-4e6c-9b37-22fbbc0d6f50_negatedTerseLabel_de" xlink:label="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="de">Zahlung AT1-Kupon</link:label>
    <link:label id="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon_label_de" xlink:label="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Zahlung AT1-Kupon</link:label>
    <link:label id="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon_documentation_de" xlink:label="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Zahlung AT1-Kupon</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_PaymentsOfAdditionalTier1Coupon"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:to="lab_bawaggroupag_PaymentsOfAdditionalTier1Coupon" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_1590e931-d8ce-4c40-b109-f906408047c1_negatedLabel_de" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Ertragsteuern im Zusammenhang mit Komponenten des sonstigen Ergebnisses, die in den Gewinn oder Verlust umgegliedert werden</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_05b4cd97-bb9f-437f-a5ad-b1a3cfe8dd3e_negatedTerseLabel_de" xlink:label="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="de">Im sonstigen Ergebnis ausgewiesenen zum beizulegenden Zeitwert bewerteten finanziellen Vermögenswerten – Sonstige Anteile</link:label>
    <link:label id="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_label_de" xlink:label="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Im sonstigen Ergebnis ausgewiesenen zum beizulegenden Zeitwert bewerteten finanziellen Vermögenswerten – Sonstige Anteile</link:label>
    <link:label id="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities_documentation_de" xlink:label="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Im sonstigen Ergebnis ausgewiesenen zum beizulegenden Zeitwert bewerteten finanziellen Vermögenswerten – Sonstige Anteile</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:to="lab_bawaggroupag_PurchaseOfOtherInvestmentsInFinancialInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_NetInterestIncome_fc15e459-6a7e-43bd-9ca8-19810b0e2b06_terseLabel_de" xlink:label="lab_bawaggroupag_NetInterestIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Nettozinsertrag</link:label>
    <link:label id="lab_bawaggroupag_NetInterestIncome_label_de" xlink:label="lab_bawaggroupag_NetInterestIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Nettozinsertrag</link:label>
    <link:label id="lab_bawaggroupag_NetInterestIncome_documentation_de" xlink:label="lab_bawaggroupag_NetInterestIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Nettozinsertrag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_NetInterestIncome" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_NetInterestIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_NetInterestIncome" xlink:to="lab_bawaggroupag_NetInterestIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss_2c7f6cf6-b955-48ea-8a93-71623ef1895d_negatedLabel_de" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Ertragsteuern im Zusammenhang mit Bestandteilen des sonstigen Ergebnisses, die nicht in den Gewinn oder Verlust umgegliedert werden</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingExpense_c20b3613-310a-451d-9e60-f4c792e9f262_negatedLabel_de" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Betriebliche Aufwendungen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_63cb02e7-4f5f-4a81-a321-9074b6bf660a_negatedLabel_de" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Steueraufwand (Steuerertrag)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_RiskCosts_00d899f3-70fd-4757-a94b-ace49d145ec2_negatedTerseLabel_de" xlink:label="lab_bawaggroupag_RiskCosts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="de">Risikokosten</link:label>
    <link:label id="lab_bawaggroupag_RiskCosts_label_de" xlink:label="lab_bawaggroupag_RiskCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Risikokosten</link:label>
    <link:label id="lab_bawaggroupag_RiskCosts_documentation_de" xlink:label="lab_bawaggroupag_RiskCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Risikokosten</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_RiskCosts" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_RiskCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_RiskCosts" xlink:to="lab_bawaggroupag_RiskCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_27d77b85-e062-46df-83bd-661fd81ea4cf_negatedLabel_de" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Erwerb von Sachanlagen, immateriellen Vermögenswerten außer dem Geschäfts- oder Firmenwert, als Finanzinvestition gehaltenen Immobilien und sonstigen langfristigen Vermögenswerten</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_AdministrativeExpenses_cf53543c-f29d-42f5-bac6-55173c4d67c5_negatedTerseLabel_de" xlink:label="lab_bawaggroupag_AdministrativeExpenses" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="de">davon Verwaltungsaufwand</link:label>
    <link:label id="lab_bawaggroupag_AdministrativeExpenses_label_de" xlink:label="lab_bawaggroupag_AdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">davon Verwaltungsaufwand</link:label>
    <link:label id="lab_bawaggroupag_AdministrativeExpenses_documentation_de" xlink:label="lab_bawaggroupag_AdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">davon Verwaltungsaufwand</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_AdministrativeExpenses" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_AdministrativeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_AdministrativeExpenses" xlink:to="lab_bawaggroupag_AdministrativeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_IssueOfAT1Capital_label_de" xlink:label="lab_bawaggroupag_IssueOfAT1Capital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">AT1-Emission</link:label>
    <link:label id="lab_bawaggroupag_IssueOfAT1Capital_documentation_de" xlink:label="lab_bawaggroupag_IssueOfAT1Capital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">AT1-Emission</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_IssueOfAT1Capital" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_IssueOfAT1Capital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_IssueOfAT1Capital" xlink:to="lab_bawaggroupag_IssueOfAT1Capital" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_AdditionalTier1Coupon_label_de" xlink:label="lab_bawaggroupag_AdditionalTier1Coupon" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">AT1-Kupon</link:label>
    <link:label id="lab_bawaggroupag_AdditionalTier1Coupon_documentation_de" xlink:label="lab_bawaggroupag_AdditionalTier1Coupon" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">AT1-Kupon</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_AdditionalTier1Coupon" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_AdditionalTier1Coupon"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_AdditionalTier1Coupon" xlink:to="lab_bawaggroupag_AdditionalTier1Coupon" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities_8b9111e6-0dce-4d74-8bda-88a80d2a43bd_terseLabel_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities_label_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities_documentation_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:to="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_a1413e90-3eb0-43d6-ac96-23c59bad445c_negatedLabel_de" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Als Finanzierungstätigkeiten eingestuft gezahlte Dividenden</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherExpenseByNature_e47bebe4-35fb-4a7e-9f22-def26342c37c_negatedLabel_de" xlink:label="lab_ifrs-full_OtherExpenseByNature" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Sonstige Aufwendungen, nach Art</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherExpenseByNature" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_OtherExpenseByNature"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherExpenseByNature" xlink:to="lab_ifrs-full_OtherExpenseByNature" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities_8093266b-7671-4fce-a034-e9613b8c8512_negatedLabel_de" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Gezahlte Zinsen, als betriebliche Tätigkeit eingestuft</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1_2114d079-0002-4663-bcaa-34dd840f9e86_terseLabel_de" xlink:label="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Eigenkapital, den Eigentümern des Mutterunternehmens zurechenbar (ex AT1-Kapital)</link:label>
    <link:label id="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1_label_de" xlink:label="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Eigenkapital, den Eigentümern des Mutterunternehmens zurechenbar (ex AT1-Kapital)</link:label>
    <link:label id="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1_documentation_de" xlink:label="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Eigenkapital, den Eigentümern des Mutterunternehmens zurechenbar (ex AT1-Kapital)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:to="lab_bawaggroupag_EquityattributabletoownersoftheparentwithoutAT1" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets_f86d3346-f5fd-446d-bb07-7a2ad6cda053_terseLabel_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets_label_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:label id="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets_documentation_de" xlink:label="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Bewertungsanpassungen für gegen Zinsrisiken abgesicherte Portfolien</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:href="bawaggroupag-2025-12-31.xsd#bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:to="lab_bawaggroupag_ValuationAdjustmentOnInterestRateRiskHedgedPortfoliosAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_019caddc-8a4f-7624-a204-ac5e318428aa_negatedLabel_de" xlink:label="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="de">Erwerb von Anteilen an nach der Equity-Methode bilanzierten Anlagen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2024-03-27/full_ifrs/full_ifrs-cor_2024-03-27.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities_88f259c8-19e4-40f6-9753-c8eab38e7e0c_terseLabel_de" xlink:label="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Verbindlichkeiten (exklusive Finanzierungstätigkeit)</link:label>
    <link:label id="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities_label_de" xlink:label="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Verbindlichkeiten (exklusive Finanzierungstätigkeit)</link:label>
    <link:label id="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities_documentation_de" xlink:label="lab_bawaggroupag_AdjustmentsForIncreaseDecreaseInOtherFinancialLiabilitiesNotIncludingFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="de">Anpassungen für die Veränderung aus Sonstigen finanziellen Verbindlichkeiten (exklusive Finanzierungstätigkeit)</link:label>
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