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    <link:label id="lab_mbcp_LoansAndAdvancesToBanksRepayableOnDemand_documentation_pt" xlink:label="lab_mbcp_LoansAndAdvancesToBanksRepayableOnDemand" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Loans And Advances To Banks, Repayable On Demand</link:label>
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    <link:label id="lab_mbcp_GainLossesOnDisposalsOfSubsidiariesAndOtherAssets_documentation_pt" xlink:label="lab_mbcp_GainLossesOnDisposalsOfSubsidiariesAndOtherAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Gain (Losses) On Disposals Of Subsidiaries And Other Assets</link:label>
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    <link:label id="lab_mbcp_ImpairmentLossForOtherAssets_documentation_pt" xlink:label="lab_mbcp_ImpairmentLossForOtherAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Impairment Loss For Other Assets</link:label>
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    <link:label id="lab_mbcp_ProceedsFromIssueOfDebtSecurities_label_pt" xlink:label="lab_mbcp_ProceedsFromIssueOfDebtSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Proceeds From Issue Of Debt Securities</link:label>
    <link:label id="lab_mbcp_ProceedsFromIssueOfDebtSecurities_documentation_pt" xlink:label="lab_mbcp_ProceedsFromIssueOfDebtSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Proceeds From Issue Of Debt Securities</link:label>
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    <link:label id="lab_mbcp_AdjustmentsForIncreaseDecreaseInDepositsForPurposeOfMonetaryControlFromBanks_label_pt" xlink:label="lab_mbcp_AdjustmentsForIncreaseDecreaseInDepositsForPurposeOfMonetaryControlFromBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Adjustments For Increase (Decrease) In Deposits For Purpose Of Monetary Control From Banks</link:label>
    <link:label id="lab_mbcp_AdjustmentsForIncreaseDecreaseInDepositsForPurposeOfMonetaryControlFromBanks_documentation_pt" xlink:label="lab_mbcp_AdjustmentsForIncreaseDecreaseInDepositsForPurposeOfMonetaryControlFromBanks" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Adjustments For Increase (Decrease) In Deposits For Purpose Of Monetary Control From Banks</link:label>
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    <link:label id="lab_ifrs-full_ImpairmentLossOnFinancialAssets_4a7f429e-b8ed-4666-a0ad-fd29e8c6de73_negatedLabel_pt" xlink:label="lab_ifrs-full_ImpairmentLossOnFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Perda por imparidade dos ativos financeiros</link:label>
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    <link:label id="lab_mbcp_BancoInternacionalMocambiqueAndSeguradoraInternacionalMocambiqueMember_label_pt" xlink:label="lab_mbcp_BancoInternacionalMocambiqueAndSeguradoraInternacionalMocambiqueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Banco Internacional Mocambique and Seguradora Internacional Mocambique [Member]</link:label>
    <link:label id="lab_mbcp_BancoInternacionalMocambiqueAndSeguradoraInternacionalMocambiqueMember_documentation_pt" xlink:label="lab_mbcp_BancoInternacionalMocambiqueAndSeguradoraInternacionalMocambiqueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Banco Internacional Mocambique and Seguradora Internacional Mocambique</link:label>
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    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_4969b9fd-58f4-49b2-9f4e-d02f3c9b7aeb_negatedLabel_pt" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Compra de ativos fixos tangíveis, ativos intangíveis distintos do goodwill, propriedades de investimento e outros ativos não correntes</link:label>
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    <link:label id="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_77aafec2-26cd-4062-923a-ba74f2fe458c_negatedLabel_pt" xlink:label="lab_ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Impostos sobre o rendimento pagos, classificados como atividades de exploração</link:label>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_4cafc86d-da72-4aab-bf14-5824fa1736ed_totalLabel_pt" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Fluxos de caixa de (utilizados em) atividades de exploração</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
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    <link:label id="lab_mbcp_IncreaseDecreaseInOtherSundryLiabilitiesAndNonControllingInterests_label_pt" xlink:label="lab_mbcp_IncreaseDecreaseInOtherSundryLiabilitiesAndNonControllingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Increase (Decrease) In Other Sundry Liabilities And Non-Controlling Interests</link:label>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_452146b8-3f72-42c1-96b6-0a52671162bd_totalLabel_pt" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Fluxos de caixa de (utilizados em) atividades de financiamento</link:label>
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    <link:label id="lab_mbcp_IncreaseDecreaseInShareCapital_label_pt" xlink:label="lab_mbcp_IncreaseDecreaseInShareCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Increase (Decrease) In Share Capital</link:label>
    <link:label id="lab_mbcp_IncreaseDecreaseInShareCapital_documentation_pt" xlink:label="lab_mbcp_IncreaseDecreaseInShareCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Increase (Decrease) In Share Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_IncreaseDecreaseInShareCapital" xlink:href="000432-2022-12-31.xsd#mbcp_IncreaseDecreaseInShareCapital"/>
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    <link:label id="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals_a3c9b7d6-6f84-4635-9746-600e2691b426_negatedLabel_pt" xlink:label="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Perda por imparidade reconhecida noutro rendimento integral</link:label>
    <link:label id="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals_label_pt" xlink:label="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Impairment Loss Recognised In Other Comprehensive Income, Net Of Reversals</link:label>
    <link:label id="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals_documentation_pt" xlink:label="lab_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Impairment Loss Recognised In Other Comprehensive Income, Net Of Reversals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals" xlink:href="000432-2022-12-31.xsd#mbcp_ImpairmentLossRecognisedInOtherComprehensiveIncomeNetOfReversals"/>
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    <link:label id="lab_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand_label_pt" xlink:label="lab_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Adjustments For Increase (Decrease) In Loans And Advances To Banks Repayable On Demand</link:label>
    <link:label id="lab_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand_documentation_pt" xlink:label="lab_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Adjustments For Increase (Decrease) In Loans And Advances To Banks Repayable On Demand</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand" xlink:href="000432-2022-12-31.xsd#mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand" xlink:to="lab_mbcp_AdjustmentsForIncreaseDecreaseInLoansAndAdvancesToBanksRepayableOnDemand" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_298b73b2-92ae-4304-b983-87863ea0c6d6_periodStartLabel_pt" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Caixa e equivalentes de caixa se diferentes da demonstração da posição financeira</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition_7c5951ba-9ede-4805-8725-9b968dec3c9c_periodEndLabel_pt" xlink:label="lab_ifrs-full_CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Caixa e equivalentes de caixa se diferentes da demonstração da posição financeira</link:label>
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    <link:label id="lab_mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_label_pt" xlink:label="lab_mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Proceeds From Maturity Of Financial Instruments, Classified As Investing Activities</link:label>
    <link:label id="lab_mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_documentation_pt" xlink:label="lab_mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Proceeds From Maturity Of Financial Instruments, Classified As Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="000432-2022-12-31.xsd#mbcp_ProceedsFromMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities"/>
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    <link:label id="lab_mbcp_NetIncomeForTheYearAttributableToBanksShareholders_label_pt" xlink:label="lab_mbcp_NetIncomeForTheYearAttributableToBanksShareholders" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Net Income For The Year Attributable To Bank's Shareholders</link:label>
    <link:label id="lab_mbcp_NetIncomeForTheYearAttributableToBanksShareholders_documentation_pt" xlink:label="lab_mbcp_NetIncomeForTheYearAttributableToBanksShareholders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Net Income For The Year Attributable To Bank's Shareholders</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_NetIncomeForTheYearAttributableToBanksShareholders" xlink:href="000432-2022-12-31.xsd#mbcp_NetIncomeForTheYearAttributableToBanksShareholders"/>
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    <link:label id="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_24163c28-fa60-46d7-bab3-ce2683029c39_negatedTerseLabel_pt" xlink:label="lab_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Dividendos pagos a interesses que não controlam, classificados como atividades de financiamento</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities"/>
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    <link:label id="lab_mbcp_DepositsAtCentralBanks_d5b165cd-21b1-44fb-be39-52c767394a82_periodStartLabel_pt" xlink:label="lab_mbcp_DepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Deposits At Central Banks</link:label>
    <link:label id="lab_mbcp_DepositsAtCentralBanks_11c99f52-f601-4d23-a7de-e182c83343f3_periodEndLabel_pt" xlink:label="lab_mbcp_DepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Deposits At Central Banks</link:label>
    <link:label id="lab_mbcp_DepositsAtCentralBanks_label_pt" xlink:label="lab_mbcp_DepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Deposits At Central Banks</link:label>
    <link:label id="lab_mbcp_DepositsAtCentralBanks_documentation_pt" xlink:label="lab_mbcp_DepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Deposits At Central Banks</link:label>
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    <link:label id="lab_ifrs-full_InterestExpense_9e13471c-d622-45b0-b87b-f98a4a404e6d_negatedLabel_pt" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Despesas com juros</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_InterestExpense"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_1264c432-8c33-4443-a71f-f92f8d2e4443_totalLabel_pt" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Fluxos de caixa de (utilizados em) atividades de investimento</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity_label_pt" xlink:label="lab_mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Increase (Decrease) Through Transfer To Legal Reserve, Equity</link:label>
    <link:label id="lab_mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity_documentation_pt" xlink:label="lab_mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Increase (Decrease) Through Transfer To Legal Reserve, Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity" xlink:href="000432-2022-12-31.xsd#mbcp_IncreaseDecreaseThroughTransferToLegalReserveEquity"/>
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    <link:label id="lab_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_d49fdffa-1343-4f23-a8d0-c609136660a3_negatedLabel_pt" xlink:label="lab_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="pt">Compra de investimentos distintos dos investimentos contabilizados pela aplicação do método da equivalência patrimonial</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
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