<?xml version="1.0" encoding="us-ascii"?>
<!--Generated by Broadridge PROfile 24.3.1.5224 Broadridge-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" />
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">Acquisition of business</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="label: AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1">Acquisitions through business combinations, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xlink:title="label: AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">Acquisition of business</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="label: AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xlink:title="label: AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment to ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:label="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1">Additions other than through business combinations, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:label="AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:title="AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl1" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl1">Additions other than through business combinations, investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl1" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsInvestmentProperty_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" xlink:title="label: AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment to ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="AdditionsToRightofuseAssets" xlink:title="AdditionsToRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdditionsToRightofuseAssets" xml:lang="en-US" id="ifrs-full_AdditionsToRightofuseAssets">Additions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets" xlink:title="label: AdditionsToRightofuseAssets to ifrs-full_AdditionsToRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdditionsToRightofuseAssets_lbl1" xml:lang="en-US" id="ifrs-full_AdditionsToRightofuseAssets_lbl1">Additions to right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl1" xlink:title="label: AdditionsToRightofuseAssets to ifrs-full_AdditionsToRightofuseAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustedWeightedAverageShares" xlink:label="AdjustedWeightedAverageShares" xlink:title="AdjustedWeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustedWeightedAverageShares" xml:lang="en-US" id="ifrs-full_AdjustedWeightedAverageShares">Weighted average number of ordinary shares adjusted for the effect of dilution (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares" xlink:title="label: AdjustedWeightedAverageShares to ifrs-full_AdjustedWeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustedWeightedAverageShares_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustedWeightedAverageShares_lbl1" xml:lang="en-US" id="ifrs-full_AdjustedWeightedAverageShares_lbl1">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustedWeightedAverageShares" xlink:to="ifrs-full_AdjustedWeightedAverageShares_lbl1" xlink:title="label: AdjustedWeightedAverageShares to ifrs-full_AdjustedWeightedAverageShares_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:label="AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:title="AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers">Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:title="label: AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers to ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl1">Adjustments for decrease (increase) in loans and advances to customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl1" xlink:title="label: AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers to ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:label="AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:title="AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:title="label: AdjustmentsForDecreaseIncreaseInOtherCurrentAssets to ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl1">Adjustments for decrease (increase) in other current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInOtherCurrentAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl1" xlink:title="label: AdjustmentsForDecreaseIncreaseInOtherCurrentAssets to ifrs-full_AdjustmentsForDecreaseIncreaseInOtherCurrentAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:label="AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:title="AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed">Cash collateral, reverse repurchase agreements and securities borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:title="label: AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed to ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl1">Adjustments for decrease (increase) in reverse repurchase agreements and cash collateral on securities borrowed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl1" xlink:title="label: AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed to ifrs-full_AdjustmentsForDecreaseIncreaseInReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:label="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:title="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment">Net Income from sale of property, furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:title="label: AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment to ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl1">Adjustments for gain (loss) on disposals, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl1" xlink:title="label: AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment to ifrs-full_AdjustmentsForGainLossOnDisposalsPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:label="AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:title="AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xml:lang="en-US" id="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty">Investments 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="AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:title="label: AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty to ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl1">Adjustments for gains (losses) on fair value adjustment, investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl1" xlink:title="label: AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty to ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill">Impairment loss on goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="label: AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill to ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1">Adjustments for impairment loss recognised in profit or loss, goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" xlink:title="label: AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill to ifrs-full_AdjustmentsForImpairmentLossRecognisedInProfitOrLossGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:label="AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:title="AdjustmentsForIncreaseDecreaseInDepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks">Due to Banks and correspondents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:title="label: AdjustmentsForIncreaseDecreaseInDepositsFromBanks to ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl1">Adjustments for increase (decrease) in deposits from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl1" xlink:title="label: AdjustmentsForIncreaseDecreaseInDepositsFromBanks to ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:label="AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:title="AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers">Deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:title="label: AdjustmentsForIncreaseDecreaseInDepositsFromCustomers to ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers_lbl1">Adjustments for increase (decrease) in deposits from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInDepositsFromCustomers" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers_lbl1" xlink:title="label: AdjustmentsForIncreaseDecreaseInDepositsFromCustomers to ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:label="AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:title="AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:title="label: AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities to ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities_lbl1">Adjustments for increase (decrease) in other current liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities_lbl1" xlink:title="label: AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities to ifrs-full_AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:label="AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:title="AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent">Payables from repurchase agreements and securities lending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:title="label: AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent to ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl1">Adjustments for increase (decrease) in repurchase agreements and cash collateral on securities lent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl1" xlink:title="label: AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent to ifrs-full_AdjustmentsForIncreaseDecreaseInRepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:label="AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:title="AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime">Provision for sundry risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:to="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:title="label: AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime to ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime1" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime1">Provision for sundry risks, see Note 12(j)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:to="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime1" xlink:title="label: AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime to ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime_lbl2" xml:lang="en-US" id="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime_lbl2">Adjustments for increase in other provisions arising from passage of time</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime" xlink:to="ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime_lbl2" xlink:title="label: AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime to ifrs-full_AdjustmentsForIncreaseInOtherProvisionsArisingFromPassageOfTime_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:label="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:title="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xml:lang="en-US" id="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets">Net Loss (net gain) from sale of seized and recovered assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:title="label: AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets to ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1">Adjustments for losses (gains) on disposal of non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" xlink:title="label: AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets to ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="AdjustmentsForProvisions" xlink:title="AdjustmentsForProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForProvisions" xml:lang="en-US" id="ifrs-full_AdjustmentsForProvisions">Provision for credit losses on loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions" xlink:title="label: AdjustmentsForProvisions to ifrs-full_AdjustmentsForProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForProvisions_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForProvisions_lbl1">Adjustments for provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl1" xlink:title="label: AdjustmentsForProvisions to ifrs-full_AdjustmentsForProvisions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="AdjustmentsForReconcileProfitLossAbstract" xlink:title="AdjustmentsForReconcileProfitLossAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xml:lang="en-US" id="ifrs-full_AdjustmentsForReconcileProfitLossAbstract">Adjustment to reconcile net profit to net cash arising from operating activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:title="label: AdjustmentsForReconcileProfitLossAbstract to ifrs-full_AdjustmentsForReconcileProfitLossAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl1" xml:lang="en-US" id="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl1">Adjustments to reconcile profit (loss) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl1" xlink:title="label: AdjustmentsForReconcileProfitLossAbstract to ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdjustmentsForSharebasedPayments" xlink:label="AdjustmentsForSharebasedPayments" xlink:title="AdjustmentsForSharebasedPayments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AdjustmentsForSharebasedPayments" xml:lang="en-US" id="ifrs-full_AdjustmentsForSharebasedPayments">Share-based payment plans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments" xlink:title="label: AdjustmentsForSharebasedPayments to ifrs-full_AdjustmentsForSharebasedPayments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AdjustmentsForSharebasedPayments1" xml:lang="en-US" id="ifrs-full_AdjustmentsForSharebasedPayments1">Expense for share-based payment transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments1" xlink:title="label: AdjustmentsForSharebasedPayments to ifrs-full_AdjustmentsForSharebasedPayments1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdjustmentsForSharebasedPayments_lbl2" xml:lang="en-US" id="ifrs-full_AdjustmentsForSharebasedPayments_lbl2">Adjustments for share-based payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSharebasedPayments" xlink:to="ifrs-full_AdjustmentsForSharebasedPayments_lbl2" xlink:title="label: AdjustmentsForSharebasedPayments to ifrs-full_AdjustmentsForSharebasedPayments_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdministrativeExpense" xlink:label="AdministrativeExpense" xlink:title="AdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_AdministrativeExpense" xml:lang="en-US" id="ifrs-full_AdministrativeExpense">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense" xlink:title="label: AdministrativeExpense to ifrs-full_AdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_AdministrativeExpense1" xml:lang="en-US" id="ifrs-full_AdministrativeExpense1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense1" xlink:title="label: AdministrativeExpense to ifrs-full_AdministrativeExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdministrativeExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdministrativeExpense_lbl2" xml:lang="en-US" id="ifrs-full_AdministrativeExpense_lbl2">Administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_lbl2" xlink:title="label: AdministrativeExpense to ifrs-full_AdministrativeExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AdvertisingExpense" xlink:label="AdvertisingExpense" xlink:title="AdvertisingExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdvertisingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AdvertisingExpense" xml:lang="en-US" id="ifrs-full_AdvertisingExpense">Publicity and loyalty programs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvertisingExpense" xlink:to="ifrs-full_AdvertisingExpense" xlink:title="label: AdvertisingExpense to ifrs-full_AdvertisingExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AdvertisingExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AdvertisingExpense_lbl1" xml:lang="en-US" id="ifrs-full_AdvertisingExpense_lbl1">Advertising expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvertisingExpense" xlink:to="ifrs-full_AdvertisingExpense_lbl1" xlink:title="label: AdvertisingExpense to ifrs-full_AdvertisingExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AggregatedMeasurementMember" xlink:label="AggregatedMeasurementMember" xlink:title="AggregatedMeasurementMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AggregatedMeasurementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AggregatedMeasurementMember" xml:lang="en-US" id="ifrs-full_AggregatedMeasurementMember">Aggregated measurement [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedMeasurementMember" xlink:to="ifrs-full_AggregatedMeasurementMember" xlink:title="label: AggregatedMeasurementMember to ifrs-full_AggregatedMeasurementMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AggregatedMeasurementMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AggregatedMeasurementMember_lbl1" xml:lang="en-US" id="ifrs-full_AggregatedMeasurementMember_lbl1">Aggregated measurement [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedMeasurementMember" xlink:to="ifrs-full_AggregatedMeasurementMember_lbl1" xlink:title="label: AggregatedMeasurementMember to ifrs-full_AggregatedMeasurementMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="AggregatedTimeBandsMember" xlink:title="AggregatedTimeBandsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AggregatedTimeBandsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AggregatedTimeBandsMember" xml:lang="en-US" id="ifrs-full_AggregatedTimeBandsMember">Aggregated time bands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedTimeBandsMember" xlink:to="ifrs-full_AggregatedTimeBandsMember" xlink:title="label: AggregatedTimeBandsMember to ifrs-full_AggregatedTimeBandsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AggregatedTimeBandsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AggregatedTimeBandsMember_lbl1" xml:lang="en-US" id="ifrs-full_AggregatedTimeBandsMember_lbl1">Aggregated time bands [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AggregatedTimeBandsMember" xlink:to="ifrs-full_AggregatedTimeBandsMember_lbl1" xlink:title="label: AggregatedTimeBandsMember to ifrs-full_AggregatedTimeBandsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="AllLevelsOfFairValueHierarchyMember" xlink:title="AllLevelsOfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AllLevelsOfFairValueHierarchyMember" xml:lang="en-US" id="ifrs-full_AllLevelsOfFairValueHierarchyMember">All levels of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllLevelsOfFairValueHierarchyMember" xlink:to="ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:title="label: AllLevelsOfFairValueHierarchyMember to ifrs-full_AllLevelsOfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl1" xml:lang="en-US" id="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl1">All levels of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllLevelsOfFairValueHierarchyMember" xlink:to="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl1" xlink:title="label: AllLevelsOfFairValueHierarchyMember to ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllOtherSegmentsMember" xlink:label="AllOtherSegmentsMember" xlink:title="AllOtherSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllOtherSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AllOtherSegmentsMember" xml:lang="en-US" id="ifrs-full_AllOtherSegmentsMember">Other Segments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllOtherSegmentsMember" xlink:to="ifrs-full_AllOtherSegmentsMember" xlink:title="label: AllOtherSegmentsMember to ifrs-full_AllOtherSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllOtherSegmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AllOtherSegmentsMember_lbl1" xml:lang="en-US" id="ifrs-full_AllOtherSegmentsMember_lbl1">All other segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllOtherSegmentsMember" xlink:to="ifrs-full_AllOtherSegmentsMember_lbl1" xlink:title="label: AllOtherSegmentsMember to ifrs-full_AllOtherSegmentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllYearsOfInsuranceClaimMember" xlink:label="AllYearsOfInsuranceClaimMember" xlink:title="AllYearsOfInsuranceClaimMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllYearsOfInsuranceClaimMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AllYearsOfInsuranceClaimMember" xml:lang="en-US" id="ifrs-full_AllYearsOfInsuranceClaimMember">All years of insurance claim [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllYearsOfInsuranceClaimMember" xlink:to="ifrs-full_AllYearsOfInsuranceClaimMember" xlink:title="label: AllYearsOfInsuranceClaimMember to ifrs-full_AllYearsOfInsuranceClaimMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="AllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">Allowance for loan losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="label: AllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets1" xml:lang="en-US" id="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets1">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets1" xlink:title="label: AllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets2" xml:lang="en-US" id="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets2">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets2" xlink:title="label: AllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets3" xml:lang="en-US" id="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets3">Allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets3" xlink:title="label: AllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets3" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets4" xml:lang="en-US" id="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets4">Expected loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets4" xlink:title="label: AllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AllowanceForCreditLossesMember" xlink:label="AllowanceForCreditLossesMember" xlink:title="AllowanceForCreditLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceForCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AllowanceForCreditLossesMember" xml:lang="en-US" id="ifrs-full_AllowanceForCreditLossesMember">Allowance for Loan Losses for Loan Portfolio [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForCreditLossesMember" xlink:to="ifrs-full_AllowanceForCreditLossesMember" xlink:title="label: AllowanceForCreditLossesMember to ifrs-full_AllowanceForCreditLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AllowanceForCreditLossesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AllowanceForCreditLossesMember_lbl1" xml:lang="en-US" id="ifrs-full_AllowanceForCreditLossesMember_lbl1">Allowance for credit losses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForCreditLossesMember" xlink:to="ifrs-full_AllowanceForCreditLossesMember_lbl1" xlink:title="label: AllowanceForCreditLossesMember to ifrs-full_AllowanceForCreditLossesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="AmortisationIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">Amortization of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:title="label: AmortisationIntangibleAssetsOtherThanGoodwill to ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl1">Amortisation, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl1" xlink:title="label: AmortisationIntangibleAssetsOtherThanGoodwill to ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:label="AmountsPayableRelatedPartyTransactions" xlink:title="AmountsPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_AmountsPayableRelatedPartyTransactions" xml:lang="en-US" id="ifrs-full_AmountsPayableRelatedPartyTransactions">Deposits (ii)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsPayableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:title="label: AmountsPayableRelatedPartyTransactions to ifrs-full_AmountsPayableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" xml:lang="en-US" id="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1">Amounts payable, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsPayableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" xlink:title="label: AmountsPayableRelatedPartyTransactions to ifrs-full_AmountsPayableRelatedPartyTransactions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:label="AmountsReceivableRelatedPartyTransactions" xlink:title="AmountsReceivableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AmountsReceivableRelatedPartyTransactions" xml:lang="en-US" id="ifrs-full_AmountsReceivableRelatedPartyTransactions">Direct loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsReceivableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:title="label: AmountsReceivableRelatedPartyTransactions to ifrs-full_AmountsReceivableRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" xml:lang="en-US" id="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1">Amounts receivable, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsReceivableRelatedPartyTransactions" xlink:to="ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" xlink:title="label: AmountsReceivableRelatedPartyTransactions to ifrs-full_AmountsReceivableRelatedPartyTransactions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:label="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:title="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xml:lang="en-US" id="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract">Financial Assets Subject to Offsetting [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:to="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:title="label: AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract to ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract_lbl1" xml:lang="en-US" id="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract_lbl1">Amounts subject to enforceable master netting arrangement or similar agreement not set off against financial assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract" xlink:to="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract_lbl1" xlink:title="label: AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract to ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssetsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:label="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:title="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xml:lang="en-US" id="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract">Financial Liabilities Subject to Offsetting [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:to="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:title="label: AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract to ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract_lbl1">Amounts subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract" xlink:to="ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract_lbl1" xlink:title="label: AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract to ifrs-full_AmountsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilitiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ApplicableTaxRate" xlink:label="ApplicableTaxRate" xlink:title="ApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ApplicableTaxRate" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ApplicableTaxRate" xml:lang="en-US" id="ifrs-full_ApplicableTaxRate">Theoretical tax and income tax rate in Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate" xlink:title="label: ApplicableTaxRate to ifrs-full_ApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ApplicableTaxRate1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ApplicableTaxRate1" xml:lang="en-US" id="ifrs-full_ApplicableTaxRate1">Applicable tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate1" xlink:title="label: ApplicableTaxRate to ifrs-full_ApplicableTaxRate1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Assets" xlink:label="Assets" xlink:title="Assets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_Assets" xml:lang="en-US" id="ifrs-full_Assets">Total assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="ifrs-full_Assets" xlink:title="label: Assets to ifrs-full_Assets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Assets1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_Assets1" xml:lang="en-US" id="ifrs-full_Assets1">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="ifrs-full_Assets1" xlink:title="label: Assets to ifrs-full_Assets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Assets2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Assets2" xml:lang="en-US" id="ifrs-full_Assets2">Total assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="ifrs-full_Assets2" xlink:title="label: Assets to ifrs-full_Assets2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Assets3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Assets3" xml:lang="en-US" id="ifrs-full_Assets3">Total monetary assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Assets" xlink:to="ifrs-full_Assets3" xlink:title="label: Assets to ifrs-full_Assets3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAbstract" xlink:label="AssetsAbstract" xlink:title="AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_AssetsAbstract" xml:lang="en-US" id="ifrs-full_AssetsAbstract">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract" xlink:title="label: AssetsAbstract to ifrs-full_AssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AssetsAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AssetsAbstract1" xml:lang="en-US" id="ifrs-full_AssetsAbstract1">Assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract1" xlink:title="label: AssetsAbstract to ifrs-full_AssetsAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAndLiabilitiesAxis" xlink:label="AssetsAndLiabilitiesAxis" xlink:title="AssetsAndLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AssetsAndLiabilitiesAxis" xml:lang="en-US" id="ifrs-full_AssetsAndLiabilitiesAxis">Assets and liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesAxis" xlink:to="ifrs-full_AssetsAndLiabilitiesAxis" xlink:title="label: AssetsAndLiabilitiesAxis to ifrs-full_AssetsAndLiabilitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AssetsAndLiabilitiesMember" xlink:label="AssetsAndLiabilitiesMember" xlink:title="AssetsAndLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AssetsAndLiabilitiesMember" xml:lang="en-US" id="ifrs-full_AssetsAndLiabilitiesMember">Assets and liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesMember" xlink:to="ifrs-full_AssetsAndLiabilitiesMember" xlink:title="label: AssetsAndLiabilitiesMember to ifrs-full_AssetsAndLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AssetsAndLiabilitiesMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AssetsAndLiabilitiesMember1" xml:lang="en-US" id="ifrs-full_AssetsAndLiabilitiesMember1">Assets and liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesMember" xlink:to="ifrs-full_AssetsAndLiabilitiesMember1" xlink:title="label: AssetsAndLiabilitiesMember to ifrs-full_AssetsAndLiabilitiesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AtFairValueMember" xlink:label="AtFairValueMember" xlink:title="AtFairValueMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AtFairValueMember" xml:lang="en-US" id="ifrs-full_AtFairValueMember">Fair Value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember" xlink:title="label: AtFairValueMember to ifrs-full_AtFairValueMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AtFairValueMember_lbl1" xml:lang="en-US" id="ifrs-full_AtFairValueMember_lbl1">At fair value [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtFairValueMember" xlink:to="ifrs-full_AtFairValueMember_lbl1" xlink:title="label: AtFairValueMember to ifrs-full_AtFairValueMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_AverageEffectiveTaxRate" xlink:label="AverageEffectiveTaxRate" xlink:title="AverageEffectiveTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AverageEffectiveTaxRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_AverageEffectiveTaxRate" xml:lang="en-US" id="ifrs-full_AverageEffectiveTaxRate">Income tax and effective income tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AverageEffectiveTaxRate" xlink:to="ifrs-full_AverageEffectiveTaxRate" xlink:title="label: AverageEffectiveTaxRate to ifrs-full_AverageEffectiveTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_AverageEffectiveTaxRate1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_AverageEffectiveTaxRate1" xml:lang="en-US" id="ifrs-full_AverageEffectiveTaxRate1">Average effective tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AverageEffectiveTaxRate" xlink:to="ifrs-full_AverageEffectiveTaxRate1" xlink:title="label: AverageEffectiveTaxRate to ifrs-full_AverageEffectiveTaxRate1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BalancesOnCurrentAccountsFromCustomers" xlink:label="BalancesOnCurrentAccountsFromCustomers" xlink:title="BalancesOnCurrentAccountsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesOnCurrentAccountsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BalancesOnCurrentAccountsFromCustomers" xml:lang="en-US" id="ifrs-full_BalancesOnCurrentAccountsFromCustomers">Demand deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnCurrentAccountsFromCustomers" xlink:to="ifrs-full_BalancesOnCurrentAccountsFromCustomers" xlink:title="label: BalancesOnCurrentAccountsFromCustomers to ifrs-full_BalancesOnCurrentAccountsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesOnCurrentAccountsFromCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BalancesOnCurrentAccountsFromCustomers_lbl1" xml:lang="en-US" id="ifrs-full_BalancesOnCurrentAccountsFromCustomers_lbl1">Balances on current accounts from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnCurrentAccountsFromCustomers" xlink:to="ifrs-full_BalancesOnCurrentAccountsFromCustomers_lbl1" xlink:title="label: BalancesOnCurrentAccountsFromCustomers to ifrs-full_BalancesOnCurrentAccountsFromCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BalancesOnDemandDepositsFromCustomers" xlink:label="BalancesOnDemandDepositsFromCustomers" xlink:title="BalancesOnDemandDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesOnDemandDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BalancesOnDemandDepositsFromCustomers" xml:lang="en-US" id="ifrs-full_BalancesOnDemandDepositsFromCustomers">Time deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnDemandDepositsFromCustomers" xlink:to="ifrs-full_BalancesOnDemandDepositsFromCustomers" xlink:title="label: BalancesOnDemandDepositsFromCustomers to ifrs-full_BalancesOnDemandDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesOnDemandDepositsFromCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BalancesOnDemandDepositsFromCustomers_lbl1" xml:lang="en-US" id="ifrs-full_BalancesOnDemandDepositsFromCustomers_lbl1">Balances on demand deposits from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnDemandDepositsFromCustomers" xlink:to="ifrs-full_BalancesOnDemandDepositsFromCustomers_lbl1" xlink:title="label: BalancesOnDemandDepositsFromCustomers to ifrs-full_BalancesOnDemandDepositsFromCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BalancesWithBanks" xlink:label="BalancesWithBanks" xlink:title="BalancesWithBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesWithBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BalancesWithBanks" xml:lang="en-US" id="ifrs-full_BalancesWithBanks">Interbank funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks" xlink:title="label: BalancesWithBanks to ifrs-full_BalancesWithBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BalancesWithBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BalancesWithBanks_lbl1" xml:lang="en-US" id="ifrs-full_BalancesWithBanks_lbl1">Balances with banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks_lbl1" xlink:title="label: BalancesWithBanks to ifrs-full_BalancesWithBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BankAcceptanceAssets" xlink:label="BankAcceptanceAssets" xlink:title="BankAcceptanceAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankAcceptanceAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BankAcceptanceAssets" xml:lang="en-US" id="ifrs-full_BankAcceptanceAssets">Due from customers on banker's acceptances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankAcceptanceAssets" xlink:to="ifrs-full_BankAcceptanceAssets" xlink:title="label: BankAcceptanceAssets to ifrs-full_BankAcceptanceAssets" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BankAcceptanceLiabilities" xlink:label="BankAcceptanceLiabilities" xlink:title="BankAcceptanceLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankAcceptanceLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BankAcceptanceLiabilities" xml:lang="en-US" id="ifrs-full_BankAcceptanceLiabilities">Due from customers on banker's acceptances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankAcceptanceLiabilities" xlink:to="ifrs-full_BankAcceptanceLiabilities" xlink:title="label: BankAcceptanceLiabilities to ifrs-full_BankAcceptanceLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankAcceptanceLiabilities1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BankAcceptanceLiabilities1" xml:lang="en-US" id="ifrs-full_BankAcceptanceLiabilities1">Due from customers on banker's acceptances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankAcceptanceLiabilities" xlink:to="ifrs-full_BankAcceptanceLiabilities1" xlink:title="label: BankAcceptanceLiabilities to ifrs-full_BankAcceptanceLiabilities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankAcceptanceLiabilities_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BankAcceptanceLiabilities_lbl2" xml:lang="en-US" id="ifrs-full_BankAcceptanceLiabilities_lbl2">Bank acceptance liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankAcceptanceLiabilities" xlink:to="ifrs-full_BankAcceptanceLiabilities_lbl2" xlink:title="label: BankAcceptanceLiabilities to ifrs-full_BankAcceptanceLiabilities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:label="BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:title="BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xml:lang="en-US" id="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits">Total additional funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:to="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:title="label: BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits to ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits_lbl1" xml:lang="en-US" id="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits_lbl1">Bank balances at central banks other than mandatory reserve deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits" xlink:to="ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits_lbl1" xlink:title="label: BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits to ifrs-full_BankBalancesAtCentralBanksOtherThanMandatoryReserveDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="BasicEarningsLossPerShare" xlink:title="BasicEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BasicEarningsLossPerShare" xml:lang="en-US" id="ifrs-full_BasicEarningsLossPerShare">Basic (in sol per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare" xlink:title="label: BasicEarningsLossPerShare to ifrs-full_BasicEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BasicEarningsLossPerShare1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BasicEarningsLossPerShare1" xml:lang="en-US" id="ifrs-full_BasicEarningsLossPerShare1">Basic earnings per share (in sol per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare1" xlink:title="label: BasicEarningsLossPerShare to ifrs-full_BasicEarningsLossPerShare1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BasicEarningsLossPerShare_lbl2" xml:lang="en-US" id="ifrs-full_BasicEarningsLossPerShare_lbl2">Basic earnings (loss) per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl2" xlink:title="label: BasicEarningsLossPerShare to ifrs-full_BasicEarningsLossPerShare_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BondsIssued" xlink:label="BondsIssued" xlink:title="BondsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BondsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BondsIssued" xml:lang="en-US" id="ifrs-full_BondsIssued">Bonds issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsIssued" xlink:to="ifrs-full_BondsIssued" xlink:title="label: BondsIssued to ifrs-full_BondsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BondsIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BondsIssued_lbl1" xml:lang="en-US" id="ifrs-full_BondsIssued_lbl1">Bonds issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsIssued" xlink:to="ifrs-full_BondsIssued_lbl1" xlink:title="label: BondsIssued to ifrs-full_BondsIssued_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Borrowings" xlink:label="Borrowings" xlink:title="Borrowings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Borrowings" xml:lang="en-US" id="ifrs-full_Borrowings">Borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Borrowings" xlink:to="ifrs-full_Borrowings" xlink:title="label: Borrowings to ifrs-full_Borrowings" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:label="BorrowingsAdjustmentToInterestRateBasis" xlink:title="BorrowingsAdjustmentToInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xml:lang="en-US" id="ifrs-full_BorrowingsAdjustmentToInterestRateBasis">Spread on interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsAdjustmentToInterestRateBasis" xlink:to="ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:title="label: BorrowingsAdjustmentToInterestRateBasis to ifrs-full_BorrowingsAdjustmentToInterestRateBasis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl1" xml:lang="en-US" id="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl1">Borrowings, adjustment to interest rate basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsAdjustmentToInterestRateBasis" xlink:to="ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl1" xlink:title="label: BorrowingsAdjustmentToInterestRateBasis to ifrs-full_BorrowingsAdjustmentToInterestRateBasis_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="BorrowingsByNameAxis" xlink:title="BorrowingsByNameAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BorrowingsByNameAxis" xml:lang="en-US" id="ifrs-full_BorrowingsByNameAxis">Borrowings by name [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis" xlink:title="label: BorrowingsByNameAxis to ifrs-full_BorrowingsByNameAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="BorrowingsByNameMember" xlink:title="BorrowingsByNameMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BorrowingsByNameMember" xml:lang="en-US" id="ifrs-full_BorrowingsByNameMember">Borrowings by name [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameMember" xlink:to="ifrs-full_BorrowingsByNameMember" xlink:title="label: BorrowingsByNameMember to ifrs-full_BorrowingsByNameMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsByNameMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BorrowingsByNameMember1" xml:lang="en-US" id="ifrs-full_BorrowingsByNameMember1">Borrowings by name [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsByNameMember" xlink:to="ifrs-full_BorrowingsByNameMember1" xlink:title="label: BorrowingsByNameMember to ifrs-full_BorrowingsByNameMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="BorrowingsInterestRate" xlink:title="BorrowingsInterestRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BorrowingsInterestRate" xml:lang="en-US" id="ifrs-full_BorrowingsInterestRate">Interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate" xlink:title="label: BorrowingsInterestRate to ifrs-full_BorrowingsInterestRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BorrowingsInterestRate1" xml:lang="en-US" id="ifrs-full_BorrowingsInterestRate1">Annual interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate1" xlink:title="label: BorrowingsInterestRate to ifrs-full_BorrowingsInterestRate1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BorrowingsInterestRate2" xml:lang="en-US" id="ifrs-full_BorrowingsInterestRate2">Borrowings, interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate2" xlink:title="label: BorrowingsInterestRate to ifrs-full_BorrowingsInterestRate2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BorrowingsMaturity" xlink:label="BorrowingsMaturity" xlink:title="BorrowingsMaturity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BorrowingsMaturity" xml:lang="en-US" id="ifrs-full_BorrowingsMaturity">Maturity date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity" xlink:title="label: BorrowingsMaturity to ifrs-full_BorrowingsMaturity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BorrowingsMaturity1" xml:lang="en-US" id="ifrs-full_BorrowingsMaturity1">Borrowings, maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity1" xlink:title="label: BorrowingsMaturity to ifrs-full_BorrowingsMaturity1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BorrowingsMaturity2" xml:lang="en-US" id="ifrs-full_BorrowingsMaturity2">Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity2" xlink:title="label: BorrowingsMaturity to ifrs-full_BorrowingsMaturity2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BottomOfRangeMember" xlink:label="BottomOfRangeMember" xlink:title="BottomOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BottomOfRangeMember" xml:lang="en-US" id="ifrs-full_BottomOfRangeMember">Minimum [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember" xlink:title="label: BottomOfRangeMember to ifrs-full_BottomOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BottomOfRangeMember1" xml:lang="en-US" id="ifrs-full_BottomOfRangeMember1">Minimum [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember1" xlink:title="label: BottomOfRangeMember to ifrs-full_BottomOfRangeMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BottomOfRangeMember_lbl2" xml:lang="en-US" id="ifrs-full_BottomOfRangeMember_lbl2">Bottom of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl2" xlink:title="label: BottomOfRangeMember to ifrs-full_BottomOfRangeMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BrandNamesMember" xlink:label="BrandNamesMember" xlink:title="BrandNamesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BrandNamesMember" xml:lang="en-US" id="ifrs-full_BrandNamesMember">Brand name [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember" xlink:title="label: BrandNamesMember to ifrs-full_BrandNamesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BrandNamesMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_BrandNamesMember1" xml:lang="en-US" id="ifrs-full_BrandNamesMember1">Brand [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember1" xlink:title="label: BrandNamesMember to ifrs-full_BrandNamesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BrokerageFeeIncome" xlink:label="BrokerageFeeIncome" xlink:title="BrokerageFeeIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BrokerageFeeIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BrokerageFeeIncome" xml:lang="en-US" id="ifrs-full_BrokerageFeeIncome">Commissions for custody of securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BrokerageFeeIncome" xlink:to="ifrs-full_BrokerageFeeIncome" xlink:title="label: BrokerageFeeIncome to ifrs-full_BrokerageFeeIncome" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_BuildingsMember" xlink:label="BuildingsMember" xlink:title="BuildingsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_BuildingsMember" xml:lang="en-US" id="ifrs-full_BuildingsMember">Buildings and Other Constructions [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsMember" xlink:to="ifrs-full_BuildingsMember" xlink:title="label: BuildingsMember to ifrs-full_BuildingsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_BuildingsMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_BuildingsMember1" xml:lang="en-US" id="ifrs-full_BuildingsMember1">Buildings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsMember" xlink:to="ifrs-full_BuildingsMember1" xlink:title="label: BuildingsMember to ifrs-full_BuildingsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CapitalCommitments" xlink:label="CapitalCommitments" xlink:title="CapitalCommitments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CapitalCommitments" xml:lang="en-US" id="ifrs-full_CapitalCommitments">Capital commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalCommitments" xlink:to="ifrs-full_CapitalCommitments" xlink:title="label: CapitalCommitments to ifrs-full_CapitalCommitments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xml:lang="en-US" id="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:title="label: CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis to ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CarryingAmountMember" xlink:label="CarryingAmountMember" xlink:title="CarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CarryingAmountMember" xml:lang="en-US" id="ifrs-full_CarryingAmountMember">Carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="ifrs-full_CarryingAmountMember" xlink:title="label: CarryingAmountMember to ifrs-full_CarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CarryingAmountMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CarryingAmountMember1" xml:lang="en-US" id="ifrs-full_CarryingAmountMember1">Carrying Amount [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountMember" xlink:to="ifrs-full_CarryingAmountMember1" xlink:title="label: CarryingAmountMember to ifrs-full_CarryingAmountMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAbstract" xlink:label="CashAbstract" xlink:title="CashAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CashAbstract" xml:lang="en-US" id="ifrs-full_CashAbstract">Composition of cash [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAbstract" xlink:to="ifrs-full_CashAbstract" xlink:title="label: CashAbstract to ifrs-full_CashAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAbstract1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CashAbstract1" xml:lang="en-US" id="ifrs-full_CashAbstract1">Cash and due from banks:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAbstract" xlink:to="ifrs-full_CashAbstract1" xlink:title="label: CashAbstract to ifrs-full_CashAbstract1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashAbstract_lbl2" xml:lang="en-US" id="ifrs-full_CashAbstract_lbl2">Cash [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAbstract" xlink:to="ifrs-full_CashAbstract_lbl2" xlink:title="label: CashAbstract to ifrs-full_CashAbstract_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndBankBalancesAtCentralBanks" xlink:label="CashAndBankBalancesAtCentralBanks" xlink:title="CashAndBankBalancesAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndBankBalancesAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CashAndBankBalancesAtCentralBanks" xml:lang="en-US" id="ifrs-full_CashAndBankBalancesAtCentralBanks">Deposits with Central Reserve Bank of Peru (BCRP)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankBalancesAtCentralBanks" xlink:to="ifrs-full_CashAndBankBalancesAtCentralBanks" xlink:title="label: CashAndBankBalancesAtCentralBanks to ifrs-full_CashAndBankBalancesAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndBankBalancesAtCentralBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashAndBankBalancesAtCentralBanks_lbl1" xml:lang="en-US" id="ifrs-full_CashAndBankBalancesAtCentralBanks_lbl1">Cash and bank balances at central banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndBankBalancesAtCentralBanks" xlink:to="ifrs-full_CashAndBankBalancesAtCentralBanks_lbl1" xlink:title="label: CashAndBankBalancesAtCentralBanks to ifrs-full_CashAndBankBalancesAtCentralBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="CashAndCashEquivalents" xlink:title="CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_CashAndCashEquivalents" xml:lang="en-US" id="ifrs-full_CashAndCashEquivalents">Cash and cash equivalents at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents" xlink:title="label: CashAndCashEquivalents to ifrs-full_CashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_CashAndCashEquivalents1" xml:lang="en-US" id="ifrs-full_CashAndCashEquivalents1">Cash and cash equivalents at the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents1" xlink:title="label: CashAndCashEquivalents to ifrs-full_CashAndCashEquivalents1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_CashAndCashEquivalents2" xml:lang="en-US" id="ifrs-full_CashAndCashEquivalents2">Total cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents2" xlink:title="label: CashAndCashEquivalents to ifrs-full_CashAndCashEquivalents2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashAndCashEquivalents_lbl3" xml:lang="en-US" id="ifrs-full_CashAndCashEquivalents_lbl3">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl3" xlink:title="label: CashAndCashEquivalents to ifrs-full_CashAndCashEquivalents_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="CashAndCashEquivalentsAbstract" xlink:title="CashAndCashEquivalentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashAndCashEquivalentsAbstract" xml:lang="en-US" id="ifrs-full_CashAndCashEquivalentsAbstract">CASH AND DUE FROM BANKS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalentsAbstract" xlink:to="ifrs-full_CashAndCashEquivalentsAbstract" xlink:title="label: CashAndCashEquivalentsAbstract to ifrs-full_CashAndCashEquivalentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:label="CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:title="CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xml:lang="en-US" id="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities">Related amounts not offset in the consolidated statement of financial position, Cash collateral pledged</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:title="label: CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities to ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1">Cash collateral pledged subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xlink:title="label: CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities to ifrs-full_CashCollateralPledgedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:label="CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:title="CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xml:lang="en-US" id="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets">Related amounts not offset in the consolidated statement of financial position, Cash collateral received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:title="label: CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets to ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xml:lang="en-US" id="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1">Cash collateral received subject to enforceable master netting arrangement or similar agreement not set off against financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xlink:title="label: CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets to ifrs-full_CashCollateralReceivedSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowHedgesAbstract" xlink:label="CashFlowHedgesAbstract" xlink:title="CashFlowHedgesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowHedgesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowHedgesAbstract" xml:lang="en-US" id="ifrs-full_CashFlowHedgesAbstract">Cash flow hedge reserves [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesAbstract" xlink:to="ifrs-full_CashFlowHedgesAbstract" xlink:title="label: CashFlowHedgesAbstract to ifrs-full_CashFlowHedgesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="CashFlowHedgesMember" xlink:title="CashFlowHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CashFlowHedgesMember" xml:lang="en-US" id="ifrs-full_CashFlowHedgesMember">Cash Flow Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesMember" xlink:to="ifrs-full_CashFlowHedgesMember" xlink:title="label: CashFlowHedgesMember to ifrs-full_CashFlowHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowHedgesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowHedgesMember1" xml:lang="en-US" id="ifrs-full_CashFlowHedgesMember1">Cash Flow Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesMember" xlink:to="ifrs-full_CashFlowHedgesMember1" xlink:title="label: CashFlowHedgesMember to ifrs-full_CashFlowHedgesMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowHedgesMember2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CashFlowHedgesMember2" xml:lang="en-US" id="ifrs-full_CashFlowHedgesMember2">Cash Flow Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowHedgesMember" xlink:to="ifrs-full_CashFlowHedgesMember2" xlink:title="label: CashFlowHedgesMember to ifrs-full_CashFlowHedgesMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="CashFlowsFromUsedInFinancingActivities" xlink:title="CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_CashFlowsFromUsedInFinancingActivities" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInFinancingActivities">Net cash flows from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:title="label: CashFlowsFromUsedInFinancingActivities to ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl1">Cash flows from (used in) financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl1" xlink:title="label: CashFlowsFromUsedInFinancingActivities to ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:label="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="CashFlowsFromUsedInFinancingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract">NET CASH FLOWS FROM FINANCING ACTIVITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:title="label: CashFlowsFromUsedInFinancingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl1">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl1" xlink:title="label: CashFlowsFromUsedInFinancingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="CashFlowsFromUsedInInvestingActivities" xlink:title="CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_CashFlowsFromUsedInInvestingActivities" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInInvestingActivities">Net cash flows from investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:title="label: CashFlowsFromUsedInInvestingActivities to ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1">Cash flows from (used in) investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1" xlink:title="label: CashFlowsFromUsedInInvestingActivities to ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:label="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:title="CashFlowsFromUsedInInvestingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract">NET CASH FLOWS FROM INVESTING ACTIVITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:title="label: CashFlowsFromUsedInInvestingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1" xlink:title="label: CashFlowsFromUsedInInvestingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="CashFlowsFromUsedInOperatingActivities" xlink:title="CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_CashFlowsFromUsedInOperatingActivities" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInOperatingActivities">Net cash flow from operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:title="label: CashFlowsFromUsedInOperatingActivities to ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1">Cash flows from (used in) operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1" xlink:title="label: CashFlowsFromUsedInOperatingActivities to ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:label="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract">CASH AND CASH EQUIVALENTS FROM OPERATING ACTIVITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:title="label: CashFlowsFromUsedInOperatingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1" xlink:title="label: CashFlowsFromUsedInOperatingActivitiesAbstract to ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:label="CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:title="CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xml:lang="en-US" id="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities">Acquisition of subsidiaries, net of cash received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:title="label: CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities to ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" id="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" xlink:title="label: CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities to ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CashOnHand" xlink:label="CashOnHand" xlink:title="CashOnHand" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashOnHand" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CashOnHand" xml:lang="en-US" id="ifrs-full_CashOnHand">Cash and clearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashOnHand" xlink:to="ifrs-full_CashOnHand" xlink:title="label: CashOnHand to ifrs-full_CashOnHand" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CashOnHand_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CashOnHand_lbl1" xml:lang="en-US" id="ifrs-full_CashOnHand_lbl1">Cash on hand</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashOnHand" xlink:to="ifrs-full_CashOnHand_lbl1" xlink:title="label: CashOnHand to ifrs-full_CashOnHand_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfFinancialAssetsAbstract" xlink:label="CategoriesOfFinancialAssetsAbstract" xlink:title="CategoriesOfFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CategoriesOfFinancialAssetsAbstract" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialAssetsAbstract">Financial instruments: [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialAssetsAbstract" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAbstract" xlink:title="label: CategoriesOfFinancialAssetsAbstract to ifrs-full_CategoriesOfFinancialAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="CategoriesOfFinancialAssetsAxis" xlink:title="CategoriesOfFinancialAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CategoriesOfFinancialAssetsAxis" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialAssetsAxis">Categories of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:title="label: CategoriesOfFinancialAssetsAxis to ifrs-full_CategoriesOfFinancialAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAbstract" xlink:label="CategoriesOfFinancialLiabilitiesAbstract" xlink:title="CategoriesOfFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract">Financial instruments: [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesAbstract" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract" xlink:title="label: CategoriesOfFinancialLiabilitiesAbstract to ifrs-full_CategoriesOfFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract1" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract1">Financial liabilities by type [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesAbstract" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract1" xlink:title="label: CategoriesOfFinancialLiabilitiesAbstract to ifrs-full_CategoriesOfFinancialLiabilitiesAbstract1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl2" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl2">Categories of financial liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesAbstract" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl2" xlink:title="label: CategoriesOfFinancialLiabilitiesAbstract to ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:label="CategoriesOfFinancialLiabilitiesAxis" xlink:title="CategoriesOfFinancialLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xml:lang="en-US" id="ifrs-full_CategoriesOfFinancialLiabilitiesAxis">Categories of financial liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_CategoriesOfFinancialLiabilitiesAxis" xlink:title="label: CategoriesOfFinancialLiabilitiesAxis to ifrs-full_CategoriesOfFinancialLiabilitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="CategoriesOfRelatedPartiesAxis" xlink:title="CategoriesOfRelatedPartiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CategoriesOfRelatedPartiesAxis" xml:lang="en-US" id="ifrs-full_CategoriesOfRelatedPartiesAxis">Categories of related parties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:title="label: CategoriesOfRelatedPartiesAxis to ifrs-full_CategoriesOfRelatedPartiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInEquity" xlink:label="ChangesInEquity" xlink:title="ChangesInEquity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ChangesInEquity" xml:lang="en-US" id="ifrs-full_ChangesInEquity">Increase (decrease) in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInEquity" xlink:to="ifrs-full_ChangesInEquity" xlink:title="label: ChangesInEquity to ifrs-full_ChangesInEquity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInEquity_lbl1" xml:lang="en-US" id="ifrs-full_ChangesInEquity_lbl1">Increase (decrease) in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInEquity" xlink:to="ifrs-full_ChangesInEquity_lbl1" xlink:title="label: ChangesInEquity to ifrs-full_ChangesInEquity_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInEquityAbstract" xlink:label="ChangesInEquityAbstract" xlink:title="ChangesInEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ChangesInEquityAbstract" xml:lang="en-US" id="ifrs-full_ChangesInEquityAbstract">Changes in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInEquityAbstract" xlink:to="ifrs-full_ChangesInEquityAbstract" xlink:title="label: ChangesInEquityAbstract to ifrs-full_ChangesInEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInEquityAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInEquityAbstract1" xml:lang="en-US" id="ifrs-full_ChangesInEquityAbstract1">Changes in equity [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInEquityAbstract" xlink:to="ifrs-full_ChangesInEquityAbstract1" xlink:title="label: ChangesInEquityAbstract to ifrs-full_ChangesInEquityAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xlink:label="ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xlink:title="ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xml:lang="en-US" id="ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets">Increase (decrease) in fair value of financial assets designated as measured at fair value through profit or loss, attributable to changes in credit risk of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xlink:to="ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" xlink:title="label: ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets to ifrs-full_ChangesInFairValueOfFinancialAssetsAttributableToChangesInCreditRiskOfFinancialAssets" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:label="ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:title="ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xml:lang="en-US" id="ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability">Increase (decrease) in fair value of financial liability, attributable to changes in credit risk of liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:to="ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" xlink:title="label: ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability to ifrs-full_ChangesInFairValueOfFinancialLiabilityAttributableToChangesInCreditRiskOfLiability" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInGoodwillAbstract" xlink:label="ChangesInGoodwillAbstract" xlink:title="ChangesInGoodwillAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInGoodwillAbstract" xml:lang="en-US" id="ifrs-full_ChangesInGoodwillAbstract">Impairment of goodwill [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInGoodwillAbstract" xlink:to="ifrs-full_ChangesInGoodwillAbstract" xlink:title="label: ChangesInGoodwillAbstract to ifrs-full_ChangesInGoodwillAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:label="ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:title="ChangesInInsuranceContractsForReconciliationByComponentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xml:lang="en-US" id="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract">Changes in the statement of income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:to="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:title="label: ChangesInInsuranceContractsForReconciliationByComponentsAbstract to ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract1" xml:lang="en-US" id="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract1">Liability for Insurance Contracts [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInInsuranceContractsForReconciliationByComponentsAbstract" xlink:to="ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract1" xlink:title="label: ChangesInInsuranceContractsForReconciliationByComponentsAbstract to ifrs-full_ChangesInInsuranceContractsForReconciliationByComponentsAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInInvestmentPropertyAbstract" xlink:label="ChangesInInvestmentPropertyAbstract" xlink:title="ChangesInInvestmentPropertyAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInInvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInInvestmentPropertyAbstract" xml:lang="en-US" id="ifrs-full_ChangesInInvestmentPropertyAbstract">Changes in investment property [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInInvestmentPropertyAbstract" xlink:to="ifrs-full_ChangesInInvestmentPropertyAbstract" xlink:title="label: ChangesInInvestmentPropertyAbstract to ifrs-full_ChangesInInvestmentPropertyAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInOtherProvisions" xlink:label="ChangesInOtherProvisions" xlink:title="ChangesInOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ChangesInOtherProvisions" xml:lang="en-US" id="ifrs-full_ChangesInOtherProvisions">Increase (decrease), net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInOtherProvisions" xlink:to="ifrs-full_ChangesInOtherProvisions" xlink:title="label: ChangesInOtherProvisions to ifrs-full_ChangesInOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInOtherProvisions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInOtherProvisions_lbl1" xml:lang="en-US" id="ifrs-full_ChangesInOtherProvisions_lbl1">Increase (decrease) in other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInOtherProvisions" xlink:to="ifrs-full_ChangesInOtherProvisions_lbl1" xlink:title="label: ChangesInOtherProvisions to ifrs-full_ChangesInOtherProvisions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xlink:label="ChangesInPropertyPlantAndEquipmentAbstract" xlink:title="ChangesInPropertyPlantAndEquipmentAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xml:lang="en-US" id="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract">Changes in property, plant and equipment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" xlink:title="label: ChangesInPropertyPlantAndEquipmentAbstract to ifrs-full_ChangesInPropertyPlantAndEquipmentAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ClassesOfAssetsAxis" xlink:title="ClassesOfAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfAssetsAxis" xml:lang="en-US" id="ifrs-full_ClassesOfAssetsAxis">Classes of assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis" xlink:title="label: ClassesOfAssetsAxis to ifrs-full_ClassesOfAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="ClassesOfAssetsMember" xlink:title="ClassesOfAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ClassesOfAssetsMember" xml:lang="en-US" id="ifrs-full_ClassesOfAssetsMember">Assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfAssetsMember" xlink:to="ifrs-full_ClassesOfAssetsMember" xlink:title="label: ClassesOfAssetsMember to ifrs-full_ClassesOfAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfAssetsMember_lbl1" xml:lang="en-US" id="ifrs-full_ClassesOfAssetsMember_lbl1">Assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfAssetsMember" xlink:to="ifrs-full_ClassesOfAssetsMember_lbl1" xlink:title="label: ClassesOfAssetsMember to ifrs-full_ClassesOfAssetsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:label="ClassesOfContingentLiabilitiesAxis" xlink:title="ClassesOfContingentLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfContingentLiabilitiesAxis" xml:lang="en-US" id="ifrs-full_ClassesOfContingentLiabilitiesAxis">Classes of contingent liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfContingentLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfContingentLiabilitiesAxis" xlink:title="label: ClassesOfContingentLiabilitiesAxis to ifrs-full_ClassesOfContingentLiabilitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:label="ClassesOfEmployeeBenefitsExpenseAbstract" xlink:title="ClassesOfEmployeeBenefitsExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xml:lang="en-US" id="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract">Salaries and employees benefits expense [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfEmployeeBenefitsExpenseAbstract" xlink:to="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" xlink:title="label: ClassesOfEmployeeBenefitsExpenseAbstract to ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract_lbl1">Classes of employee benefits expense [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfEmployeeBenefitsExpenseAbstract" xlink:to="ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract_lbl1" xlink:title="label: ClassesOfEmployeeBenefitsExpenseAbstract to ifrs-full_ClassesOfEmployeeBenefitsExpenseAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ClassesOfFinancialAssetsAxis" xlink:title="ClassesOfFinancialAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfFinancialAssetsAxis" xml:lang="en-US" id="ifrs-full_ClassesOfFinancialAssetsAxis">Classes of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:title="label: ClassesOfFinancialAssetsAxis to ifrs-full_ClassesOfFinancialAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ClassesOfFinancialInstrumentsAxis" xlink:title="ClassesOfFinancialInstrumentsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfFinancialInstrumentsAxis" xml:lang="en-US" id="ifrs-full_ClassesOfFinancialInstrumentsAxis">Classes of financial instruments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:title="label: ClassesOfFinancialInstrumentsAxis to ifrs-full_ClassesOfFinancialInstrumentsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="ClassesOfFinancialInstrumentsMember" xlink:title="ClassesOfFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ClassesOfFinancialInstrumentsMember" xml:lang="en-US" id="ifrs-full_ClassesOfFinancialInstrumentsMember">Financial instruments, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsMember" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:title="label: ClassesOfFinancialInstrumentsMember to ifrs-full_ClassesOfFinancialInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl1" xml:lang="en-US" id="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl1">Financial instruments, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialInstrumentsMember" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl1" xlink:title="label: ClassesOfFinancialInstrumentsMember to ifrs-full_ClassesOfFinancialInstrumentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ClassesOfFinancialLiabilitiesAxis" xlink:title="ClassesOfFinancialLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xml:lang="en-US" id="ifrs-full_ClassesOfFinancialLiabilitiesAxis">Classes of financial liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:title="label: ClassesOfFinancialLiabilitiesAxis to ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:title="ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xml:lang="en-US" id="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:title="label: ClassesOfIntangibleAssetsOtherThanGoodwillAxis to ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="ClassesOfPropertyPlantAndEquipmentAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xml:lang="en-US" id="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis">Classes of property, plant and equipment [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:title="label: ClassesOfPropertyPlantAndEquipmentAxis to ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ClassesOfProvisionsAxis" xlink:title="ClassesOfProvisionsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClassesOfProvisionsAxis" xml:lang="en-US" id="ifrs-full_ClassesOfProvisionsAxis">Classes of other provisions [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis" xlink:title="label: ClassesOfProvisionsAxis to ifrs-full_ClassesOfProvisionsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="ClosingForeignExchangeRate" xlink:title="ClosingForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ClosingForeignExchangeRate" xml:lang="en-US" id="ifrs-full_ClosingForeignExchangeRate">Exchange rate published by the SBS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClosingForeignExchangeRate" xlink:to="ifrs-full_ClosingForeignExchangeRate" xlink:title="label: ClosingForeignExchangeRate to ifrs-full_ClosingForeignExchangeRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ClosingForeignExchangeRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ClosingForeignExchangeRate_lbl1" xml:lang="en-US" id="ifrs-full_ClosingForeignExchangeRate_lbl1">Closing foreign exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClosingForeignExchangeRate" xlink:to="ifrs-full_ClosingForeignExchangeRate_lbl1" xlink:title="label: ClosingForeignExchangeRate to ifrs-full_ClosingForeignExchangeRate_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ComponentsOfEquityAxis" xlink:title="ComponentsOfEquityAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComponentsOfEquityAxis" xml:lang="en-US" id="ifrs-full_ComponentsOfEquityAxis">Components of equity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis" xlink:title="label: ComponentsOfEquityAxis to ifrs-full_ComponentsOfEquityAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US" id="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">To be reclassified to profit or loss in subsequent periods:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="label: ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract to ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract1" xml:lang="en-US" id="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract1">To be reclassified to the consolidated statement of income in later periods [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract1" xlink:title="label: ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract to ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:label="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:title="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xml:lang="en-US" id="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract">Not to be reclassified to profit or loss in subsequent periods:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:title="label: ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract to ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_lbl1">Components of other comprehensive income that will not be reclassified to profit or loss, before tax [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_lbl1" xlink:title="label: ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract to ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossBeforeTaxAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xml:lang="en-US" id="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">Not to be reclassified to the consolidated statement of income in later periods [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:title="label: ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract to ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ComprehensiveIncome" xlink:title="ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_ComprehensiveIncome" xml:lang="en-US" id="ifrs-full_ComprehensiveIncome">Total comprehensive income for the year, net of income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome" xlink:title="label: ComprehensiveIncome to ifrs-full_ComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_ComprehensiveIncome1">Total comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome1" xlink:title="label: ComprehensiveIncome to ifrs-full_ComprehensiveIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComprehensiveIncome_lbl2" xml:lang="en-US" id="ifrs-full_ComprehensiveIncome_lbl2">Comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl2" xlink:title="label: ComprehensiveIncome to ifrs-full_ComprehensiveIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ComprehensiveIncomeAttributableToAbstract" xlink:title="ComprehensiveIncomeAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToAbstract">Attributable to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:title="label: ComprehensiveIncomeAttributableToAbstract to ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl1">Comprehensive income attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl1" xlink:title="label: ComprehensiveIncomeAttributableToAbstract to ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="ComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="label: ComprehensiveIncomeAttributableToNoncontrollingInterests to ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1" xlink:title="label: ComprehensiveIncomeAttributableToNoncontrollingInterests to ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="ComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">Credicorp's equity holders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="label: ComprehensiveIncomeAttributableToOwnersOfParent to ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1" xml:lang="en-US" id="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1">Comprehensive income, attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1" xlink:title="label: ComprehensiveIncomeAttributableToOwnersOfParent to ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComputerEquipmentMember" xlink:label="ComputerEquipmentMember" xlink:title="ComputerEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComputerEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ComputerEquipmentMember" xml:lang="en-US" id="ifrs-full_ComputerEquipmentMember">Computer Hardware [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerEquipmentMember" xlink:to="ifrs-full_ComputerEquipmentMember" xlink:title="label: ComputerEquipmentMember to ifrs-full_ComputerEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComputerEquipmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComputerEquipmentMember_lbl1" xml:lang="en-US" id="ifrs-full_ComputerEquipmentMember_lbl1">Computer equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerEquipmentMember" xlink:to="ifrs-full_ComputerEquipmentMember_lbl1" xlink:title="label: ComputerEquipmentMember to ifrs-full_ComputerEquipmentMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ComputerSoftwareMember" xlink:label="ComputerSoftwareMember" xlink:title="ComputerSoftwareMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComputerSoftwareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ComputerSoftwareMember" xml:lang="en-US" id="ifrs-full_ComputerSoftwareMember">Software and developments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember" xlink:title="label: ComputerSoftwareMember to ifrs-full_ComputerSoftwareMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ComputerSoftwareMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ComputerSoftwareMember_lbl1" xml:lang="en-US" id="ifrs-full_ComputerSoftwareMember_lbl1">Computer software [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComputerSoftwareMember" xlink:to="ifrs-full_ComputerSoftwareMember_lbl1" xlink:title="label: ComputerSoftwareMember to ifrs-full_ComputerSoftwareMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="ConstructionInProgressMember" xlink:title="ConstructionInProgressMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ConstructionInProgressMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ConstructionInProgressMember" xml:lang="en-US" id="ifrs-full_ConstructionInProgressMember">Work in Progress [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="ifrs-full_ConstructionInProgressMember" xlink:title="label: ConstructionInProgressMember to ifrs-full_ConstructionInProgressMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ConstructionInProgressMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ConstructionInProgressMember_lbl1" xml:lang="en-US" id="ifrs-full_ConstructionInProgressMember_lbl1">Construction in progress [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionInProgressMember" xlink:to="ifrs-full_ConstructionInProgressMember_lbl1" xlink:title="label: ConstructionInProgressMember to ifrs-full_ConstructionInProgressMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ConsumerLoansMember" xlink:label="ConsumerLoansMember" xlink:title="ConsumerLoansMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ConsumerLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ConsumerLoansMember" xml:lang="en-US" id="ifrs-full_ConsumerLoansMember">Consumer Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumerLoansMember" xlink:to="ifrs-full_ConsumerLoansMember" xlink:title="label: ConsumerLoansMember to ifrs-full_ConsumerLoansMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ConsumerLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ConsumerLoansMember_lbl1" xml:lang="en-US" id="ifrs-full_ConsumerLoansMember_lbl1">Loans to consumers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsumerLoansMember" xlink:to="ifrs-full_ConsumerLoansMember_lbl1" xlink:title="label: ConsumerLoansMember to ifrs-full_ConsumerLoansMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContingentLiabilitiesMember" xlink:label="ContingentLiabilitiesMember" xlink:title="ContingentLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContingentLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ContingentLiabilitiesMember" xml:lang="en-US" id="ifrs-full_ContingentLiabilitiesMember">Contingent liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesMember" xlink:to="ifrs-full_ContingentLiabilitiesMember" xlink:title="label: ContingentLiabilitiesMember to ifrs-full_ContingentLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContingentLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ContingentLiabilitiesMember_lbl1" xml:lang="en-US" id="ifrs-full_ContingentLiabilitiesMember_lbl1">Contingent liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentLiabilitiesMember" xlink:to="ifrs-full_ContingentLiabilitiesMember_lbl1" xlink:title="label: ContingentLiabilitiesMember to ifrs-full_ContingentLiabilitiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:label="ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:title="ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xml:lang="en-US" id="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis">Continuing involvement in derecognised financial assets by type of transfer [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:to="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" xlink:title="label: ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis to ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfTransferAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContractualServiceMargin" xlink:label="ContractualServiceMargin" xlink:title="ContractualServiceMargin" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContractualServiceMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ContractualServiceMargin" xml:lang="en-US" id="ifrs-full_ContractualServiceMargin">Contractual service margin</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMargin" xlink:to="ifrs-full_ContractualServiceMargin" xlink:title="label: ContractualServiceMargin to ifrs-full_ContractualServiceMargin" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContractualServiceMarginMember" xlink:label="ContractualServiceMarginMember" xlink:title="ContractualServiceMarginMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContractualServiceMarginMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ContractualServiceMarginMember" xml:lang="en-US" id="ifrs-full_ContractualServiceMarginMember">Contractual Service Margin [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginMember" xlink:to="ifrs-full_ContractualServiceMarginMember" xlink:title="label: ContractualServiceMarginMember to ifrs-full_ContractualServiceMarginMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContractualServiceMarginMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ContractualServiceMarginMember1" xml:lang="en-US" id="ifrs-full_ContractualServiceMarginMember1">Contractual service margin [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginMember" xlink:to="ifrs-full_ContractualServiceMarginMember1" xlink:title="label: ContractualServiceMarginMember to ifrs-full_ContractualServiceMarginMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContractualServiceMarginMember2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ContractualServiceMarginMember2" xml:lang="en-US" id="ifrs-full_ContractualServiceMarginMember2">CSM [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginMember" xlink:to="ifrs-full_ContractualServiceMarginMember2" xlink:title="label: ContractualServiceMarginMember to ifrs-full_ContractualServiceMarginMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xlink:label="ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xlink:title="ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xml:lang="en-US" id="ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember">CSM Fair Value Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xlink:to="ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" xlink:title="label: ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember to ifrs-full_ContractualServiceMarginNotRelatedToContractsThatExistedAtTransitionDateToWhichModifiedRetrospectiveApproachOrFairValueApproachHasBeenAppliedMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CorporateLoansMember" xlink:label="CorporateLoansMember" xlink:title="CorporateLoansMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CorporateLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CorporateLoansMember" xml:lang="en-US" id="ifrs-full_CorporateLoansMember">Commercial Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateLoansMember" xlink:to="ifrs-full_CorporateLoansMember" xlink:title="label: CorporateLoansMember to ifrs-full_CorporateLoansMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CorporateLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CorporateLoansMember_lbl1" xml:lang="en-US" id="ifrs-full_CorporateLoansMember_lbl1">Loans to corporate entities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateLoansMember" xlink:to="ifrs-full_CorporateLoansMember_lbl1" xlink:title="label: CorporateLoansMember to ifrs-full_CorporateLoansMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CounterpartiesAxis" xlink:label="CounterpartiesAxis" xlink:title="CounterpartiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CounterpartiesAxis" xml:lang="en-US" id="ifrs-full_CounterpartiesAxis">Counterparties [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartiesAxis" xlink:to="ifrs-full_CounterpartiesAxis" xlink:title="label: CounterpartiesAxis to ifrs-full_CounterpartiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CounterpartiesMember" xlink:label="CounterpartiesMember" xlink:title="CounterpartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CounterpartiesMember" xml:lang="en-US" id="ifrs-full_CounterpartiesMember">Counterparties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartiesMember" xlink:to="ifrs-full_CounterpartiesMember" xlink:title="label: CounterpartiesMember to ifrs-full_CounterpartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CounterpartiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CounterpartiesMember_lbl1" xml:lang="en-US" id="ifrs-full_CounterpartiesMember_lbl1">Counterparties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CounterpartiesMember" xlink:to="ifrs-full_CounterpartiesMember_lbl1" xlink:title="label: CounterpartiesMember to ifrs-full_CounterpartiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="CountryOfDomicileMember" xlink:title="CountryOfDomicileMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CountryOfDomicileMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CountryOfDomicileMember" xml:lang="en-US" id="ifrs-full_CountryOfDomicileMember">Country of Domicile [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CountryOfDomicileMember" xlink:to="ifrs-full_CountryOfDomicileMember" xlink:title="label: CountryOfDomicileMember to ifrs-full_CountryOfDomicileMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CountryOfDomicileMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CountryOfDomicileMember1" xml:lang="en-US" id="ifrs-full_CountryOfDomicileMember1">In Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CountryOfDomicileMember" xlink:to="ifrs-full_CountryOfDomicileMember1" xlink:title="label: CountryOfDomicileMember to ifrs-full_CountryOfDomicileMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CreditDerivativeNominalAmount" xlink:label="CreditDerivativeNominalAmount" xlink:title="CreditDerivativeNominalAmount" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CreditDerivativeNominalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CreditDerivativeNominalAmount" xml:lang="en-US" id="ifrs-full_CreditDerivativeNominalAmount">Nominal amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditDerivativeNominalAmount" xlink:to="ifrs-full_CreditDerivativeNominalAmount" xlink:title="label: CreditDerivativeNominalAmount to ifrs-full_CreditDerivativeNominalAmount" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CreditDerivativeNominalAmount1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CreditDerivativeNominalAmount1" xml:lang="en-US" id="ifrs-full_CreditDerivativeNominalAmount1">Nominal value of bonds designated as hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditDerivativeNominalAmount" xlink:to="ifrs-full_CreditDerivativeNominalAmount1" xlink:title="label: CreditDerivativeNominalAmount to ifrs-full_CreditDerivativeNominalAmount1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CreditDerivativeNominalAmount_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CreditDerivativeNominalAmount_lbl2" xml:lang="en-US" id="ifrs-full_CreditDerivativeNominalAmount_lbl2">Credit derivative, nominal amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditDerivativeNominalAmount" xlink:to="ifrs-full_CreditDerivativeNominalAmount_lbl2" xlink:title="label: CreditDerivativeNominalAmount to ifrs-full_CreditDerivativeNominalAmount_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CreditrelatedFeeAndCommissionIncome" xlink:label="CreditrelatedFeeAndCommissionIncome" xlink:title="CreditrelatedFeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CreditrelatedFeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CreditrelatedFeeAndCommissionIncome" xml:lang="en-US" id="ifrs-full_CreditrelatedFeeAndCommissionIncome">Contingent loans and foreign trade fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditrelatedFeeAndCommissionIncome" xlink:to="ifrs-full_CreditrelatedFeeAndCommissionIncome" xlink:title="label: CreditrelatedFeeAndCommissionIncome to ifrs-full_CreditrelatedFeeAndCommissionIncome" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:label="CumulativeEffectAtDateOfInitialApplicationAxis" xlink:title="CumulativeEffectAtDateOfInitialApplicationAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" xml:lang="en-US" id="ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis">Cumulative effect at date of initial application [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CumulativeEffectAtDateOfInitialApplicationAxis" xlink:to="ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" xlink:title="label: CumulativeEffectAtDateOfInitialApplicationAxis to ifrs-full_CumulativeEffectAtDateOfInitialApplicationAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:label="CurrencyInWhichInformationIsDisplayedAxis" xlink:title="CurrencyInWhichInformationIsDisplayedAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xml:lang="en-US" id="ifrs-full_CurrencyInWhichInformationIsDisplayedAxis">Currency in which information is displayed [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyInWhichInformationIsDisplayedAxis" xlink:to="ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" xlink:title="label: CurrencyInWhichInformationIsDisplayedAxis to ifrs-full_CurrencyInWhichInformationIsDisplayedAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrencyRiskMember" xlink:label="CurrencyRiskMember" xlink:title="CurrencyRiskMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrencyRiskMember" xml:lang="en-US" id="ifrs-full_CurrencyRiskMember">Currency rate sensitivity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember" xlink:title="label: CurrencyRiskMember to ifrs-full_CurrencyRiskMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="CurrencySwapContractMember" xlink:title="CurrencySwapContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CurrencySwapContractMember" xml:lang="en-US" id="ifrs-full_CurrencySwapContractMember">Currency Swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapContractMember" xlink:to="ifrs-full_CurrencySwapContractMember" xlink:title="label: CurrencySwapContractMember to ifrs-full_CurrencySwapContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencySwapContractMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CurrencySwapContractMember1" xml:lang="en-US" id="ifrs-full_CurrencySwapContractMember1">Currency Swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapContractMember" xlink:to="ifrs-full_CurrencySwapContractMember1" xlink:title="label: CurrencySwapContractMember to ifrs-full_CurrencySwapContractMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrencySwapContractMember2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrencySwapContractMember2" xml:lang="en-US" id="ifrs-full_CurrencySwapContractMember2">Cross-Currency Swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencySwapContractMember" xlink:to="ifrs-full_CurrencySwapContractMember2" xlink:title="label: CurrencySwapContractMember to ifrs-full_CurrencySwapContractMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentAdvancesToSuppliers" xlink:label="CurrentAdvancesToSuppliers" xlink:title="CurrentAdvancesToSuppliers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentAdvancesToSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrentAdvancesToSuppliers" xml:lang="en-US" id="ifrs-full_CurrentAdvancesToSuppliers">Advance payment to suppliers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAdvancesToSuppliers" xlink:to="ifrs-full_CurrentAdvancesToSuppliers" xlink:title="label: CurrentAdvancesToSuppliers to ifrs-full_CurrentAdvancesToSuppliers" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentInterestReceivable" xlink:label="CurrentInterestReceivable" xlink:title="CurrentInterestReceivable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentInterestReceivable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CurrentInterestReceivable" xml:lang="en-US" id="ifrs-full_CurrentInterestReceivable">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentInterestReceivable" xlink:to="ifrs-full_CurrentInterestReceivable" xlink:title="label: CurrentInterestReceivable to ifrs-full_CurrentInterestReceivable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentInterestReceivable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrentInterestReceivable_lbl1" xml:lang="en-US" id="ifrs-full_CurrentInterestReceivable_lbl1">Current interest receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentInterestReceivable" xlink:to="ifrs-full_CurrentInterestReceivable_lbl1" xlink:title="label: CurrentInterestReceivable to ifrs-full_CurrentInterestReceivable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="CurrentTaxExpenseIncome" xlink:title="CurrentTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrentTaxExpenseIncome" xml:lang="en-US" id="ifrs-full_CurrentTaxExpenseIncome">Current tax expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome" xlink:title="label: CurrentTaxExpenseIncome to ifrs-full_CurrentTaxExpenseIncome" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:label="CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:title="CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xml:lang="en-US" id="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract">Current [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:to="ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" xlink:title="label: CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract to ifrs-full_CurrentTaxExpenseIncomeAndAdjustmentsForCurrentTaxOfPriorPeriodsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CurrentTaxLiabilities" xlink:label="CurrentTaxLiabilities" xlink:title="CurrentTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CurrentTaxLiabilities" xml:lang="en-US" id="ifrs-full_CurrentTaxLiabilities">Taxes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilities" xlink:to="ifrs-full_CurrentTaxLiabilities" xlink:title="label: CurrentTaxLiabilities to ifrs-full_CurrentTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CurrentTaxLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_CurrentTaxLiabilities_lbl1">Current tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxLiabilities" xlink:to="ifrs-full_CurrentTaxLiabilities_lbl1" xlink:title="label: CurrentTaxLiabilities to ifrs-full_CurrentTaxLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="CustomerrelatedIntangibleAssetsMember" xlink:title="CustomerrelatedIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_CustomerrelatedIntangibleAssetsMember" xml:lang="en-US" id="ifrs-full_CustomerrelatedIntangibleAssetsMember">Client relationships [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:title="label: CustomerrelatedIntangibleAssetsMember to ifrs-full_CustomerrelatedIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_CustomerrelatedIntangibleAssetsMember1" xml:lang="en-US" id="ifrs-full_CustomerrelatedIntangibleAssetsMember1">Client Relationship [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember1" xlink:title="label: CustomerrelatedIntangibleAssetsMember to ifrs-full_CustomerrelatedIntangibleAssetsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl2" xml:lang="en-US" id="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl2">Customer-related intangible assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl2" xlink:title="label: CustomerrelatedIntangibleAssetsMember to ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DebtSecuritiesMember" xlink:label="DebtSecuritiesMember" xlink:title="DebtSecuritiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DebtSecuritiesMember" xml:lang="en-US" id="ifrs-full_DebtSecuritiesMember">Investments in Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesMember" xlink:to="ifrs-full_DebtSecuritiesMember" xlink:title="label: DebtSecuritiesMember to ifrs-full_DebtSecuritiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DebtSecuritiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DebtSecuritiesMember_lbl1" xml:lang="en-US" id="ifrs-full_DebtSecuritiesMember_lbl1">Debt securities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesMember" xlink:to="ifrs-full_DebtSecuritiesMember_lbl1" xlink:title="label: DebtSecuritiesMember to ifrs-full_DebtSecuritiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxAssets" xlink:label="DeferredTaxAssets" xlink:title="DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DeferredTaxAssets" xml:lang="en-US" id="ifrs-full_DeferredTaxAssets">Deferred asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets" xlink:title="label: DeferredTaxAssets to ifrs-full_DeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DeferredTaxAssets_lbl1" xml:lang="en-US" id="ifrs-full_DeferredTaxAssets_lbl1">Deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl1" xlink:title="label: DeferredTaxAssets to ifrs-full_DeferredTaxAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="DeferredTaxExpenseIncome" xlink:title="DeferredTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DeferredTaxExpenseIncome" xml:lang="en-US" id="ifrs-full_DeferredTaxExpenseIncome">Deferred (income) tax expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome" xlink:title="label: DeferredTaxExpenseIncome to ifrs-full_DeferredTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncome1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DeferredTaxExpenseIncome1" xml:lang="en-US" id="ifrs-full_DeferredTaxExpenseIncome1">Deferred tax expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome1" xlink:title="label: DeferredTaxExpenseIncome to ifrs-full_DeferredTaxExpenseIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DeferredTaxExpenseIncome_lbl2" xml:lang="en-US" id="ifrs-full_DeferredTaxExpenseIncome_lbl2">Deferred tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome_lbl2" xlink:title="label: DeferredTaxExpenseIncome to ifrs-full_DeferredTaxExpenseIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:label="DeferredTaxExpenseIncomeAbstract" xlink:title="DeferredTaxExpenseIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DeferredTaxExpenseIncomeAbstract" xml:lang="en-US" id="ifrs-full_DeferredTaxExpenseIncomeAbstract">Deferred [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeAbstract" xlink:to="ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:title="label: DeferredTaxExpenseIncomeAbstract to ifrs-full_DeferredTaxExpenseIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxExpenseIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DeferredTaxExpenseIncomeAbstract_lbl1" xml:lang="en-US" id="ifrs-full_DeferredTaxExpenseIncomeAbstract_lbl1">Deferred tax expense (income) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxExpenseIncomeAbstract" xlink:to="ifrs-full_DeferredTaxExpenseIncomeAbstract_lbl1" xlink:title="label: DeferredTaxExpenseIncomeAbstract to ifrs-full_DeferredTaxExpenseIncomeAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="DeferredTaxLiabilities" xlink:title="DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DeferredTaxLiabilities" xml:lang="en-US" id="ifrs-full_DeferredTaxLiabilities">Deferred liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities" xlink:title="label: DeferredTaxLiabilities to ifrs-full_DeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DeferredTaxLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_DeferredTaxLiabilities_lbl1">Deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl1" xlink:title="label: DeferredTaxLiabilities to ifrs-full_DeferredTaxLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepositsFromBanks" xlink:label="DepositsFromBanks" xlink:title="DepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DepositsFromBanks" xml:lang="en-US" id="ifrs-full_DepositsFromBanks">Due to banks and correspondents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks" xlink:title="label: DepositsFromBanks to ifrs-full_DepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromBanks1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_DepositsFromBanks1" xml:lang="en-US" id="ifrs-full_DepositsFromBanks1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks1" xlink:title="label: DepositsFromBanks to ifrs-full_DepositsFromBanks1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromBanks2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DepositsFromBanks2" xml:lang="en-US" id="ifrs-full_DepositsFromBanks2">Due to banks and correspondents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks2" xlink:title="label: DepositsFromBanks to ifrs-full_DepositsFromBanks2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromBanks_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepositsFromBanks_lbl3" xml:lang="en-US" id="ifrs-full_DepositsFromBanks_lbl3">Deposits from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_lbl3" xlink:title="label: DepositsFromBanks to ifrs-full_DepositsFromBanks_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepositsFromCustomers" xlink:label="DepositsFromCustomers" xlink:title="DepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_DepositsFromCustomers" xml:lang="en-US" id="ifrs-full_DepositsFromCustomers">Total deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomers" xlink:to="ifrs-full_DepositsFromCustomers" xlink:title="label: DepositsFromCustomers to ifrs-full_DepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromCustomers1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DepositsFromCustomers1" xml:lang="en-US" id="ifrs-full_DepositsFromCustomers1">Deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomers" xlink:to="ifrs-full_DepositsFromCustomers1" xlink:title="label: DepositsFromCustomers to ifrs-full_DepositsFromCustomers1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromCustomers_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepositsFromCustomers_lbl2" xml:lang="en-US" id="ifrs-full_DepositsFromCustomers_lbl2">Deposits from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomers" xlink:to="ifrs-full_DepositsFromCustomers_lbl2" xlink:title="label: DepositsFromCustomers to ifrs-full_DepositsFromCustomers_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepositsFromCustomersAbstract" xlink:label="DepositsFromCustomersAbstract" xlink:title="DepositsFromCustomersAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromCustomersAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DepositsFromCustomersAbstract" xml:lang="en-US" id="ifrs-full_DepositsFromCustomersAbstract">Deposits and obligations:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomersAbstract" xlink:to="ifrs-full_DepositsFromCustomersAbstract" xlink:title="label: DepositsFromCustomersAbstract to ifrs-full_DepositsFromCustomersAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepositsFromCustomersAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepositsFromCustomersAbstract1" xml:lang="en-US" id="ifrs-full_DepositsFromCustomersAbstract1">DEPOSITS AND OBLIGATIONS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomersAbstract" xlink:to="ifrs-full_DepositsFromCustomersAbstract1" xlink:title="label: DepositsFromCustomersAbstract to ifrs-full_DepositsFromCustomersAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationAndAmortisationExpense" xlink:label="DepreciationAndAmortisationExpense" xlink:title="DepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DepreciationAndAmortisationExpense" xml:lang="en-US" id="ifrs-full_DepreciationAndAmortisationExpense">Depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense" xlink:title="label: DepreciationAndAmortisationExpense to ifrs-full_DepreciationAndAmortisationExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationAndAmortisationExpense1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DepreciationAndAmortisationExpense1" xml:lang="en-US" id="ifrs-full_DepreciationAndAmortisationExpense1">Depreciation and amortization</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense1" xlink:title="label: DepreciationAndAmortisationExpense to ifrs-full_DepreciationAndAmortisationExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationAndAmortisationExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepreciationAndAmortisationExpense_lbl2" xml:lang="en-US" id="ifrs-full_DepreciationAndAmortisationExpense_lbl2">Depreciation and amortisation expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAndAmortisationExpense" xlink:to="ifrs-full_DepreciationAndAmortisationExpense_lbl2" xlink:title="label: DepreciationAndAmortisationExpense to ifrs-full_DepreciationAndAmortisationExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationExpense" xlink:label="DepreciationExpense" xlink:title="DepreciationExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepreciationExpense" xml:lang="en-US" id="ifrs-full_DepreciationExpense">Depreciation and amortization of fixed assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationExpense" xlink:to="ifrs-full_DepreciationExpense" xlink:title="label: DepreciationExpense to ifrs-full_DepreciationExpense" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationInvestmentProperty" xlink:label="DepreciationInvestmentProperty" xlink:title="DepreciationInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DepreciationInvestmentProperty" xml:lang="en-US" id="ifrs-full_DepreciationInvestmentProperty">Depreciation for the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationInvestmentProperty" xlink:to="ifrs-full_DepreciationInvestmentProperty" xlink:title="label: DepreciationInvestmentProperty to ifrs-full_DepreciationInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepreciationInvestmentProperty_lbl1" xml:lang="en-US" id="ifrs-full_DepreciationInvestmentProperty_lbl1">Depreciation, investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationInvestmentProperty" xlink:to="ifrs-full_DepreciationInvestmentProperty_lbl1" xlink:title="label: DepreciationInvestmentProperty to ifrs-full_DepreciationInvestmentProperty_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="DepreciationPropertyPlantAndEquipment" xlink:title="DepreciationPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DepreciationPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_DepreciationPropertyPlantAndEquipment">Depreciation of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:title="label: DepreciationPropertyPlantAndEquipment to ifrs-full_DepreciationPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl1">Depreciation, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl1" xlink:title="label: DepreciationPropertyPlantAndEquipment to ifrs-full_DepreciationPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="DepreciationRightofuseAssets" xlink:title="DepreciationRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DepreciationRightofuseAssets" xml:lang="en-US" id="ifrs-full_DepreciationRightofuseAssets">Depreciation for right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets" xlink:title="label: DepreciationRightofuseAssets to ifrs-full_DepreciationRightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DepreciationRightofuseAssets1" xml:lang="en-US" id="ifrs-full_DepreciationRightofuseAssets1">Depreciation of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets1" xlink:title="label: DepreciationRightofuseAssets to ifrs-full_DepreciationRightofuseAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DepreciationRightofuseAssets_lbl2" xml:lang="en-US" id="ifrs-full_DepreciationRightofuseAssets_lbl2">Depreciation, right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl2" xlink:title="label: DepreciationRightofuseAssets to ifrs-full_DepreciationRightofuseAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativeFinancialAssets" xlink:label="DerivativeFinancialAssets" xlink:title="DerivativeFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DerivativeFinancialAssets" xml:lang="en-US" id="ifrs-full_DerivativeFinancialAssets">Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets" xlink:title="label: DerivativeFinancialAssets to ifrs-full_DerivativeFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialAssets1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DerivativeFinancialAssets1" xml:lang="en-US" id="ifrs-full_DerivativeFinancialAssets1">Derivative financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialAssets" xlink:to="ifrs-full_DerivativeFinancialAssets1" xlink:title="label: DerivativeFinancialAssets to ifrs-full_DerivativeFinancialAssets1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="DerivativeFinancialLiabilities" xlink:title="DerivativeFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DerivativeFinancialLiabilities" xml:lang="en-US" id="ifrs-full_DerivativeFinancialLiabilities">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities" xlink:title="label: DerivativeFinancialLiabilities to ifrs-full_DerivativeFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DerivativeFinancialLiabilities1" xml:lang="en-US" id="ifrs-full_DerivativeFinancialLiabilities1">Derivative financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities1" xlink:title="label: DerivativeFinancialLiabilities to ifrs-full_DerivativeFinancialLiabilities1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:label="DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="DerivativeFinancialLiabilitiesUndiscountedCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows">Contractual amounts payable (outflows)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashFlows to ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xml:lang="en-US" id="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1">Derivative financial liabilities, undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashFlows to ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DerivativesMember" xlink:label="DerivativesMember" xlink:title="DerivativesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DerivativesMember" xml:lang="en-US" id="ifrs-full_DerivativesMember">Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesMember" xlink:to="ifrs-full_DerivativesMember" xlink:title="label: DerivativesMember to ifrs-full_DerivativesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativesMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DerivativesMember1" xml:lang="en-US" id="ifrs-full_DerivativesMember1">Payables on Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesMember" xlink:to="ifrs-full_DerivativesMember1" xlink:title="label: DerivativesMember to ifrs-full_DerivativesMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DerivativesMember2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DerivativesMember2" xml:lang="en-US" id="ifrs-full_DerivativesMember2">Receivables from Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesMember" xlink:to="ifrs-full_DerivativesMember2" xlink:title="label: DerivativesMember to ifrs-full_DerivativesMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:label="DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:title="DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory">Business Combinations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl1">Description of accounting policy for business combinations [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:label="DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:title="DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory">Derecognition of financial assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory_lbl1">Description of accounting policy for derecognition of financial instruments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:label="DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:title="DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory">Derivative Financial Instruments and Accounting Hedging</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory to ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl1">Description of accounting policy for derivative financial instruments and hedging [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory to ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:label="DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:title="DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory">Earnings for Share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForEarningsPerShareExplanatory to ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_lbl1">Description of accounting policy for earnings per share [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForEarningsPerShareExplanatory to ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:label="DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:title="DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory">Fair value measurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl1">Description of accounting policy for fair value measurement [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:label="DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:title="DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory">Financial Guarantees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory_lbl1">Description of accounting policy for financial guarantees [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFinancialGuaranteesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:label="DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:title="DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory">Financial instruments: Initial recognition and subsequent measurement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory_lbl1">Description of accounting policy for financial instruments at fair value through profit or loss [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory to ifrs-full_DescriptionOfAccountingPolicyForFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:title="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">Functional, presentation and foreign currency transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory to ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl1">Description of accounting policy for foreign currency translation [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory to ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:label="DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:title="DescriptionOfAccountingPolicyForGoodwillExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForGoodwillExplanatory to ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl1">Description of accounting policy for goodwill [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForGoodwillExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForGoodwillExplanatory to ifrs-full_DescriptionOfAccountingPolicyForGoodwillExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xlink:label="DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xlink:title="DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory">Impairment of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:label="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:title="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory">Impairment of Non-Financial Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl1">Description of accounting policy for impairment of non-financial assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:label="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:title="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory">Income Tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForIncomeTaxExplanatory to ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl1">Description of accounting policy for income tax [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForIncomeTaxExplanatory to ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:label="DescriptionOfAccountingPolicyForInsuranceContracts" xlink:title="DescriptionOfAccountingPolicyForInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts">Insurance activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForInsuranceContracts" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" xlink:title="label: DescriptionOfAccountingPolicyForInsuranceContracts to ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl1">Description of accounting policy for insurance contracts and related assets, liabilities, income and expense [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForInsuranceContracts" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForInsuranceContracts to ifrs-full_DescriptionOfAccountingPolicyForInsuranceContracts_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:label="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:title="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory">Intangibles</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory to ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:label="DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:title="DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory">Offsetting financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForOffsettingOfFinancialInstrumentsExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:label="DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:title="DescriptionOfAccountingPolicyForProvisionsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForProvisionsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl1">Description of accounting policy for provisions [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForProvisionsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:label="DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:title="DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory">Repurchase and resale agreements and loans and financing with securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1">Description of accounting policy for repurchase and reverse repurchase agreements [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory to ifrs-full_DescriptionOfAccountingPolicyForRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:label="DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:title="DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory">Segment information</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:title="label: DescriptionOfAccountingPolicyForSegmentReportingExplanatory to ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl1">Description of accounting policy for segment reporting [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForSegmentReportingExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForSegmentReportingExplanatory to ifrs-full_DescriptionOfAccountingPolicyForSegmentReportingExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:label="DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:title="DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents">Cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:title="label: DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents to ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl1">Description of accounting policy for determining components of cash and cash equivalents [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents" xlink:to="ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl1" xlink:title="label: DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents to ifrs-full_DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:label="DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:title="DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xml:lang="en-US" id="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations">International Financial Reporting Standards issued, but not yet effective</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:title="label: DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations to ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_lbl1" xml:lang="en-US" id="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_lbl1">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_lbl1" xlink:title="label: DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations to ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:label="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:title="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xml:lang="en-US" id="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections">Growth rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:title="label: DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections to ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections1" xml:lang="en-US" id="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections1">Terminal value growth rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections" xlink:to="ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections1" xlink:title="label: DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections to ifrs-full_DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DescriptionOfPresentationCurrency" xlink:label="DescriptionOfPresentationCurrency" xlink:title="DescriptionOfPresentationCurrency" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DescriptionOfPresentationCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DescriptionOfPresentationCurrency" xml:lang="en-US" id="ifrs-full_DescriptionOfPresentationCurrency">Description of presentation currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfPresentationCurrency" xlink:to="ifrs-full_DescriptionOfPresentationCurrency" xlink:title="label: DescriptionOfPresentationCurrency to ifrs-full_DescriptionOfPresentationCurrency" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="DilutedEarningsLossPerShare" xlink:title="DilutedEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DilutedEarningsLossPerShare" xml:lang="en-US" id="ifrs-full_DilutedEarningsLossPerShare">Diluted (in sol per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare" xlink:title="label: DilutedEarningsLossPerShare to ifrs-full_DilutedEarningsLossPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DilutedEarningsLossPerShare1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DilutedEarningsLossPerShare1" xml:lang="en-US" id="ifrs-full_DilutedEarningsLossPerShare1">Diluted earnings per share (in sol per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare1" xlink:title="label: DilutedEarningsLossPerShare to ifrs-full_DilutedEarningsLossPerShare1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DilutedEarningsLossPerShare_lbl2" xml:lang="en-US" id="ifrs-full_DilutedEarningsLossPerShare_lbl2">Diluted earnings (loss) per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl2" xlink:title="label: DilutedEarningsLossPerShare to ifrs-full_DilutedEarningsLossPerShare_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:label="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:title="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xml:lang="en-US" id="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares">Plus - dilution effect - stock awards (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:title="label: DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares to ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl1" xml:lang="en-US" id="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl1">Dilutive effect of share options on weighted average number of ordinary shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl1" xlink:title="label: DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares to ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:label="DisaggregationOfInsuranceContractsAxis" xlink:title="DisaggregationOfInsuranceContractsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisaggregationOfInsuranceContractsAxis" xml:lang="en-US" id="ifrs-full_DisaggregationOfInsuranceContractsAxis">Disaggregation of insurance contracts [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfInsuranceContractsAxis" xlink:to="ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:title="label: DisaggregationOfInsuranceContractsAxis to ifrs-full_DisaggregationOfInsuranceContractsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:label="DisaggregationOfInsuranceContractsMember" xlink:title="DisaggregationOfInsuranceContractsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisaggregationOfInsuranceContractsMember" xml:lang="en-US" id="ifrs-full_DisaggregationOfInsuranceContractsMember">Disaggregation of insurance contracts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisaggregationOfInsuranceContractsMember" xlink:to="ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:title="label: DisaggregationOfInsuranceContractsMember to ifrs-full_DisaggregationOfInsuranceContractsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xlink:label="DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xlink:title="DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract">Disclosure of actual claims compared with previous estimates [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xlink:to="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" xlink:title="label: DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract to ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xlink:label="DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xlink:title="DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory">Estimates of Accumulated Claims Incurred</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xlink:to="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" xlink:title="label: DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory to ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:label="DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:title="DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems">Disclosure of actual claims compared with previous estimates [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:to="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" xlink:title="label: DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems to ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:label="DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:title="DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xml:lang="en-US" id="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable">Disclosure of actual claims compared with previous estimates [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:to="ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" xlink:title="label: DisclosureOfActualClaimsComparedWithPreviousEstimatesTable to ifrs-full_DisclosureOfActualClaimsComparedWithPreviousEstimatesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:label="DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:title="DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory">Components of Other Comprehensive Income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:to="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:title="label: DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory to ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_lbl1">Disclosure of analysis of other comprehensive income by item [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:to="ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_lbl1" xlink:title="label: DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory to ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:label="DisclosureOfBasisOfConsolidationExplanatory" xlink:title="DisclosureOfBasisOfConsolidationExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory">Basis of consolidation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBasisOfConsolidationExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:title="label: DisclosureOfBasisOfConsolidationExplanatory to ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:label="DisclosureOfBusinessCombinationsAbstract" xlink:title="DisclosureOfBusinessCombinationsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfBusinessCombinationsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfBusinessCombinationsAbstract">SIGNIFICANT TRANSACTIONS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsAbstract" xlink:to="ifrs-full_DisclosureOfBusinessCombinationsAbstract" xlink:title="label: DisclosureOfBusinessCombinationsAbstract to ifrs-full_DisclosureOfBusinessCombinationsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:label="DisclosureOfBusinessCombinationsExplanatory" xlink:title="DisclosureOfBusinessCombinationsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfBusinessCombinationsExplanatory">SIGNIFICANT TRANSACTIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsExplanatory" xlink:to="ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:title="label: DisclosureOfBusinessCombinationsExplanatory to ifrs-full_DisclosureOfBusinessCombinationsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl1">Disclosure of business combinations [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBusinessCombinationsExplanatory" xlink:to="ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl1" xlink:title="label: DisclosureOfBusinessCombinationsExplanatory to ifrs-full_DisclosureOfBusinessCombinationsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="DisclosureOfCashAndCashEquivalentsExplanatory" xlink:title="DisclosureOfCashAndCashEquivalentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory">CASH AND DUE FROM BANKS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:title="label: DisclosureOfCashAndCashEquivalentsExplanatory to ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl1">Disclosure of cash and cash equivalents [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl1" xlink:title="label: DisclosureOfCashAndCashEquivalentsExplanatory to ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="DisclosureOfClassesOfShareCapitalLineItems" xlink:title="DisclosureOfClassesOfShareCapitalLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">Disclosure of equity [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalLineItems" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:title="label: DisclosureOfClassesOfShareCapitalLineItems to ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="DisclosureOfClassesOfShareCapitalTable" xlink:title="DisclosureOfClassesOfShareCapitalTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfClassesOfShareCapitalTable" xml:lang="en-US" id="ifrs-full_DisclosureOfClassesOfShareCapitalTable">Disclosure of classes of share capital [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfClassesOfShareCapitalTable" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:title="label: DisclosureOfClassesOfShareCapitalTable to ifrs-full_DisclosureOfClassesOfShareCapitalTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:label="DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:title="DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory">COMMITMENTS AND CONTINGENCIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:title="label: DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory to ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_lbl1">Disclosure of commitments and contingent liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_lbl1" xlink:title="label: DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory to ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfContingentLiabilitiesLineItems" xlink:label="DisclosureOfContingentLiabilitiesLineItems" xlink:title="DisclosureOfContingentLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfContingentLiabilitiesLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfContingentLiabilitiesLineItems">Disclosure of contingent liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentLiabilitiesLineItems" xlink:to="ifrs-full_DisclosureOfContingentLiabilitiesLineItems" xlink:title="label: DisclosureOfContingentLiabilitiesLineItems to ifrs-full_DisclosureOfContingentLiabilitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfContingentLiabilitiesTable" xlink:label="DisclosureOfContingentLiabilitiesTable" xlink:title="DisclosureOfContingentLiabilitiesTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfContingentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfContingentLiabilitiesTable" xml:lang="en-US" id="ifrs-full_DisclosureOfContingentLiabilitiesTable">Disclosure of contingent liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentLiabilitiesTable" xlink:to="ifrs-full_DisclosureOfContingentLiabilitiesTable" xlink:title="label: DisclosureOfContingentLiabilitiesTable to ifrs-full_DisclosureOfContingentLiabilitiesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:label="DisclosureOfCreditRiskExposureExplanatory" xlink:title="DisclosureOfCreditRiskExposureExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfCreditRiskExposureExplanatory">Concentration of Financial Instruments Exposed to Credit Risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCreditRiskExposureExplanatory" xlink:to="ifrs-full_DisclosureOfCreditRiskExposureExplanatory" xlink:title="label: DisclosureOfCreditRiskExposureExplanatory to ifrs-full_DisclosureOfCreditRiskExposureExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl1">Disclosure of credit risk exposure [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCreditRiskExposureExplanatory" xlink:to="ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl1" xlink:title="label: DisclosureOfCreditRiskExposureExplanatory to ifrs-full_DisclosureOfCreditRiskExposureExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:label="DisclosureOfDebtSecuritiesExplanatory" xlink:title="DisclosureOfDebtSecuritiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDebtSecuritiesExplanatory">BONDS AND NOTES ISSUED</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDebtSecuritiesExplanatory" xlink:to="ifrs-full_DisclosureOfDebtSecuritiesExplanatory" xlink:title="label: DisclosureOfDebtSecuritiesExplanatory to ifrs-full_DisclosureOfDebtSecuritiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl1">Disclosure of debt instruments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDebtSecuritiesExplanatory" xlink:to="ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl1" xlink:title="label: DisclosureOfDebtSecuritiesExplanatory to ifrs-full_DisclosureOfDebtSecuritiesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:label="DisclosureOfDeferredTaxesExplanatory" xlink:title="DisclosureOfDeferredTaxesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfDeferredTaxesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDeferredTaxesExplanatory">Deferred Income Tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredTaxesExplanatory" xlink:to="ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:title="label: DisclosureOfDeferredTaxesExplanatory to ifrs-full_DisclosureOfDeferredTaxesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDeferredTaxesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDeferredTaxesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDeferredTaxesExplanatory_lbl1">Disclosure of deferred taxes [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDeferredTaxesExplanatory" xlink:to="ifrs-full_DisclosureOfDeferredTaxesExplanatory_lbl1" xlink:title="label: DisclosureOfDeferredTaxesExplanatory to ifrs-full_DisclosureOfDeferredTaxesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:label="DisclosureOfDepositsFromCustomersExplanatory" xlink:title="DisclosureOfDepositsFromCustomersExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory">DEPOSITS AND OBLIGATIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsFromCustomersExplanatory" xlink:to="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" xlink:title="label: DisclosureOfDepositsFromCustomersExplanatory to ifrs-full_DisclosureOfDepositsFromCustomersExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_lbl1">Disclosure of deposits from customers [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsFromCustomersExplanatory" xlink:to="ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_lbl1" xlink:title="label: DisclosureOfDepositsFromCustomersExplanatory to ifrs-full_DisclosureOfDepositsFromCustomersExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory">Bonds and Notes Issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutBorrowingsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl1">Disclosure of detailed information about borrowings [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutBorrowingsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory">Carrying Amounts of Financial Assets and Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl1">Disclosure of detailed information about financial instruments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory">Cash Flow Hedges are Expected to Occur and Affect Statement of Income, Net of Deferred Income Tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_lbl1">Disclosure of detailed information about hedging instruments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:label="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:title="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory">Movement of Intangible Assets With Useful Life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl1">Disclosure of detailed information about intangible assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:label="DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:title="DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory">Movement of Investment Property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl1">Disclosure of detailed information about investment property [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutInvestmentPropertyExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:label="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:title="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory">Property, Furniture and Equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:title="label: DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl1">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory to ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfDividendsExplanatory" xlink:label="DisclosureOfDividendsExplanatory" xlink:title="DisclosureOfDividendsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDividendsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfDividendsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfDividendsExplanatory">Distribution of Dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDividendsExplanatory" xlink:to="ifrs-full_DisclosureOfDividendsExplanatory" xlink:title="label: DisclosureOfDividendsExplanatory to ifrs-full_DisclosureOfDividendsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfDividendsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfDividendsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfDividendsExplanatory_lbl1">Disclosure of dividends [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDividendsExplanatory" xlink:to="ifrs-full_DisclosureOfDividendsExplanatory_lbl1" xlink:title="label: DisclosureOfDividendsExplanatory to ifrs-full_DisclosureOfDividendsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="DisclosureOfEmployeeBenefitsExplanatory" xlink:title="DisclosureOfEmployeeBenefitsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory">SALARIES AND EMPLOYEES BENEFITS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEmployeeBenefitsExplanatory" xlink:to="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:title="label: DisclosureOfEmployeeBenefitsExplanatory to ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl1">Disclosure of employee benefits [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEmployeeBenefitsExplanatory" xlink:to="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl1" xlink:title="label: DisclosureOfEmployeeBenefitsExplanatory to ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:title="DisclosureOfEventsAfterReportingPeriodExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory">SUBSEQUENT EVENTS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:title="label: DisclosureOfEventsAfterReportingPeriodExplanatory to ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfExternalCreditExposuresExplanatory" xlink:label="DisclosureOfExternalCreditExposuresExplanatory" xlink:title="DisclosureOfExternalCreditExposuresExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory">Risk Rating Analysis of Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresExplanatory" xlink:to="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory" xlink:title="label: DisclosureOfExternalCreditExposuresExplanatory to ifrs-full_DisclosureOfExternalCreditExposuresExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory_lbl1">Disclosure of external credit grades [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfExternalCreditExposuresExplanatory" xlink:to="ifrs-full_DisclosureOfExternalCreditExposuresExplanatory_lbl1" xlink:title="label: DisclosureOfExternalCreditExposuresExplanatory to ifrs-full_DisclosureOfExternalCreditExposuresExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:label="DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:title="DisclosureOfFairValueMeasurementOfAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:title="label: DisclosureOfFairValueMeasurementOfAssetsLineItems to ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:label="DisclosureOfFairValueMeasurementOfAssetsTable" xlink:title="DisclosureOfFairValueMeasurementOfAssetsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable">Disclosure of fair value measurement of assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:title="label: DisclosureOfFairValueMeasurementOfAssetsTable to ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:label="DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:title="DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory">COMMISSIONS AND FEES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:title="label: DisclosureOfFeeAndCommissionIncomeExpenseExplanatory to ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory_lbl1">Disclosure of fee and commission income (expense) [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFeeAndCommissionIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory_lbl1" xlink:title="label: DisclosureOfFeeAndCommissionIncomeExpenseExplanatory to ifrs-full_DisclosureOfFeeAndCommissionIncomeExpenseExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialAssetsAbstract" xlink:label="DisclosureOfFinancialAssetsAbstract" xlink:title="DisclosureOfFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialAssetsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialAssetsAbstract">Fair Value of Derivatives [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsAbstract" xlink:to="ifrs-full_DisclosureOfFinancialAssetsAbstract" xlink:title="label: DisclosureOfFinancialAssetsAbstract to ifrs-full_DisclosureOfFinancialAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:label="DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:title="DisclosureOfFinancialAssetsHeldForTradingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory">NET GAIN ON SECURITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:title="label: DisclosureOfFinancialAssetsHeldForTradingExplanatory to ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl1">Disclosure of financial assets held for trading [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsHeldForTradingExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl1" xlink:title="label: DisclosureOfFinancialAssetsHeldForTradingExplanatory to ifrs-full_DisclosureOfFinancialAssetsHeldForTradingExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:label="DisclosureOfFinancialAssetsLineItems" xlink:title="DisclosureOfFinancialAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialAssetsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialAssetsLineItems">Disclosure of financial assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsLineItems" xlink:to="ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:title="label: DisclosureOfFinancialAssetsLineItems to ifrs-full_DisclosureOfFinancialAssetsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialAssetsTable" xlink:label="DisclosureOfFinancialAssetsTable" xlink:title="DisclosureOfFinancialAssetsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialAssetsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialAssetsTable">Disclosure of financial assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsTable" xlink:to="ifrs-full_DisclosureOfFinancialAssetsTable" xlink:title="label: DisclosureOfFinancialAssetsTable to ifrs-full_DisclosureOfFinancialAssetsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="DisclosureOfFinancialInstrumentsAbstract" xlink:title="DisclosureOfFinancialInstrumentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsAbstract">FINANCIAL INSTRUMENTS CLASSIFICATION [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsAbstract" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:title="label: DisclosureOfFinancialInstrumentsAbstract to ifrs-full_DisclosureOfFinancialInstrumentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:label="DisclosureOfFinancialInstrumentsExplanatory" xlink:title="DisclosureOfFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory">FINANCIAL INSTRUMENTS CLASSIFICATION</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:title="label: DisclosureOfFinancialInstrumentsExplanatory to ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl1">Disclosure of financial instruments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl1" xlink:title="label: DisclosureOfFinancialInstrumentsExplanatory to ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="DisclosureOfFinancialInstrumentsLineItems" xlink:title="DisclosureOfFinancialInstrumentsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsLineItems">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsLineItems" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:title="label: DisclosureOfFinancialInstrumentsLineItems to ifrs-full_DisclosureOfFinancialInstrumentsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsLineItems1" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsLineItems1">Disclosure of financial risk management [line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsLineItems" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsLineItems1" xlink:title="label: DisclosureOfFinancialInstrumentsLineItems to ifrs-full_DisclosureOfFinancialInstrumentsLineItems1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="DisclosureOfFinancialInstrumentsTable" xlink:title="DisclosureOfFinancialInstrumentsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsTable">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsTable" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:title="label: DisclosureOfFinancialInstrumentsTable to ifrs-full_DisclosureOfFinancialInstrumentsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfFinancialInstrumentsTable1" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialInstrumentsTable1">Disclosure of financial risk management [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialInstrumentsTable" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsTable1" xlink:title="label: DisclosureOfFinancialInstrumentsTable to ifrs-full_DisclosureOfFinancialInstrumentsTable1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:label="DisclosureOfFinancialLiabilitiesLineItems" xlink:title="DisclosureOfFinancialLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems">Disclosure of financial liabilities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialLiabilitiesLineItems" xlink:to="ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:title="label: DisclosureOfFinancialLiabilitiesLineItems to ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:label="DisclosureOfFinancialLiabilitiesTable" xlink:title="DisclosureOfFinancialLiabilitiesTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfFinancialLiabilitiesTable" xml:lang="en-US" id="ifrs-full_DisclosureOfFinancialLiabilitiesTable">Disclosure of financial liabilities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialLiabilitiesTable" xlink:to="ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:title="label: DisclosureOfFinancialLiabilitiesTable to ifrs-full_DisclosureOfFinancialLiabilitiesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:label="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:title="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory">ADMINISTRATIVE EXPENSES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:title="label: DisclosureOfGeneralAndAdministrativeExpenseExplanatory to ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl1">Disclosure of general and administrative expense [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl1" xlink:title="label: DisclosureOfGeneralAndAdministrativeExpenseExplanatory to ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:label="DisclosureOfIncomeTaxExplanatory" xlink:title="DisclosureOfIncomeTaxExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfIncomeTaxExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfIncomeTaxExplanatory">TAX SITUATION</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:title="label: DisclosureOfIncomeTaxExplanatory to ifrs-full_DisclosureOfIncomeTaxExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl1">Disclosure of income tax [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIncomeTaxExplanatory" xlink:to="ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl1" xlink:title="label: DisclosureOfIncomeTaxExplanatory to ifrs-full_DisclosureOfIncomeTaxExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xlink:label="DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xlink:title="DisclosureOfInformationAboutDefinedBenefitPlansAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract">SALARIES AND EMPLOYEES BENEFITS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xlink:to="ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract" xlink:title="label: DisclosureOfInformationAboutDefinedBenefitPlansAbstract to ifrs-full_DisclosureOfInformationAboutDefinedBenefitPlansAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xlink:label="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xlink:title="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory">Contractual Service Margin in Loss Component</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xlink:to="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" xlink:title="label: DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory to ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xlink:label="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xlink:title="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems">Disclosure of information about expected recognition of contractual service margin in profit or loss [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xlink:to="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" xlink:title="label: DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems to ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xlink:label="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xlink:title="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable">Disclosure of information about expected recognition of contractual service margin in profit or loss [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xlink:to="ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" xlink:title="label: DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable to ifrs-full_DisclosureOfInformationAboutExpectedRecognitionOfContractualServiceMarginInProfitOrLossTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xlink:label="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xlink:title="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems">Disclosure of information about unconsolidated structured entities controlled by investment entity [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xlink:to="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" xlink:title="label: DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems to ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xlink:label="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xlink:title="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable">Disclosure of information about unconsolidated structured entities controlled by investment entity [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xlink:to="ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" xlink:title="label: DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable to ifrs-full_DisclosureOfInformationAboutUnconsolidatedStructuredEntitiesControlledByInvestmentEntityTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:label="DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:title="DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory">Key Assumptions Used for Calculation of Fair Value Less Selling Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:to="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:title="label: DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory to ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory_lbl1">Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory" xlink:to="ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory_lbl1" xlink:title="label: DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory to ifrs-full_DisclosureOfInformationForEachMaterialImpairmentLossRecognisedOrReversedForIndividualAssetOrCashgeneratingUnitExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:label="DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:title="DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems">Disclosure of initial application of standards or interpretations [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:to="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" xlink:title="label: DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems to ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:label="DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:title="DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable">Disclosure of initial application of standards or interpretations [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:to="ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" xlink:title="label: DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable to ifrs-full_DisclosureOfInitialApplicationOfStandardsOrInterpretationsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:label="DisclosureOfInsuranceContractsExplanatory" xlink:title="DisclosureOfInsuranceContractsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInsuranceContractsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfInsuranceContractsExplanatory">INSURANCE AND REINSURANCE CONTRACTS ASSETS AND LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceContractsExplanatory" xlink:to="ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:title="label: DisclosureOfInsuranceContractsExplanatory to ifrs-full_DisclosureOfInsuranceContractsExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory" xlink:label="DisclosureOfInsurancePremiumRevenueExplanatory" xlink:title="DisclosureOfInsurancePremiumRevenueExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory">Insurance Premiums Earned</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsurancePremiumRevenueExplanatory" xlink:to="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory" xlink:title="label: DisclosureOfInsurancePremiumRevenueExplanatory to ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory_lbl1">Disclosure of insurance premium revenue [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsurancePremiumRevenueExplanatory" xlink:to="ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory_lbl1" xlink:title="label: DisclosureOfInsurancePremiumRevenueExplanatory to ifrs-full_DisclosureOfInsurancePremiumRevenueExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="DisclosureOfIntangibleAssetsAbstract" xlink:title="DisclosureOfIntangibleAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsAbstract">INTANGIBLE ASSETS AND GOODWILL, NET [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsAbstract" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:title="label: DisclosureOfIntangibleAssetsAbstract to ifrs-full_DisclosureOfIntangibleAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAbstract1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsAbstract1" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsAbstract1">Intangible assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsAbstract" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsAbstract1" xlink:title="label: DisclosureOfIntangibleAssetsAbstract to ifrs-full_DisclosureOfIntangibleAssetsAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="DisclosureOfIntangibleAssetsExplanatory" xlink:title="DisclosureOfIntangibleAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsExplanatory">INTANGIBLE ASSETS AND GOODWILL, NET</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:title="label: DisclosureOfIntangibleAssetsExplanatory to ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl1">Disclosure of intangible assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl1" xlink:title="label: DisclosureOfIntangibleAssetsExplanatory to ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="DisclosureOfIntangibleAssetsLineItems" xlink:title="DisclosureOfIntangibleAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsLineItems">Disclosure of detailed information about intangible assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsLineItems" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:title="label: DisclosureOfIntangibleAssetsLineItems to ifrs-full_DisclosureOfIntangibleAssetsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="DisclosureOfIntangibleAssetsTable" xlink:title="DisclosureOfIntangibleAssetsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfIntangibleAssetsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfIntangibleAssetsTable">Disclosure of detailed information about intangible assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfIntangibleAssetsTable" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:title="label: DisclosureOfIntangibleAssetsTable to ifrs-full_DisclosureOfIntangibleAssetsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:label="DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:title="DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory">INVESTMENTS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:title="label: DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory to ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl1">Disclosure of investments other than investments accounted for using equity method [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl1" xlink:title="label: DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory to ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfLeasesExplanatory" xlink:label="DisclosureOfLeasesExplanatory" xlink:title="DisclosureOfLeasesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfLeasesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfLeasesExplanatory">RIGHT-OF-USE ASSETS, NET AND LEASE OBLIGATIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLeasesExplanatory" xlink:to="ifrs-full_DisclosureOfLeasesExplanatory" xlink:title="label: DisclosureOfLeasesExplanatory to ifrs-full_DisclosureOfLeasesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfLeasesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfLeasesExplanatory_lbl1">Disclosure of leases [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLeasesExplanatory" xlink:to="ifrs-full_DisclosureOfLeasesExplanatory_lbl1" xlink:title="label: DisclosureOfLeasesExplanatory to ifrs-full_DisclosureOfLeasesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:label="DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:title="DisclosureOfLoansAndAdvancesToBanksExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory">Classification of Direct Loans by Banking and Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:to="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:title="label: DisclosureOfLoansAndAdvancesToBanksExplanatory to ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory_lbl1">Disclosure of loans and advances to banks [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansAndAdvancesToBanksExplanatory" xlink:to="ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory_lbl1" xlink:title="label: DisclosureOfLoansAndAdvancesToBanksExplanatory to ifrs-full_DisclosureOfLoansAndAdvancesToBanksExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:label="DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:title="DisclosureOfLoansAndAdvancesToCustomersExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory">LOANS, NET</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:to="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:title="label: DisclosureOfLoansAndAdvancesToCustomersExplanatory to ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory_lbl1">Disclosure of loans and advances to customers [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansAndAdvancesToCustomersExplanatory" xlink:to="ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory_lbl1" xlink:title="label: DisclosureOfLoansAndAdvancesToCustomersExplanatory to ifrs-full_DisclosureOfLoansAndAdvancesToCustomersExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfMajorCustomersLineItems" xlink:label="DisclosureOfMajorCustomersLineItems" xlink:title="DisclosureOfMajorCustomersLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMajorCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfMajorCustomersLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfMajorCustomersLineItems">Disclosure of major customers [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMajorCustomersLineItems" xlink:to="ifrs-full_DisclosureOfMajorCustomersLineItems" xlink:title="label: DisclosureOfMajorCustomersLineItems to ifrs-full_DisclosureOfMajorCustomersLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfMarketRiskExplanatory" xlink:label="DisclosureOfMarketRiskExplanatory" xlink:title="DisclosureOfMarketRiskExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMarketRiskExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfMarketRiskExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfMarketRiskExplanatory">Schedule of VAR by Risk Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMarketRiskExplanatory" xlink:to="ifrs-full_DisclosureOfMarketRiskExplanatory" xlink:title="label: DisclosureOfMarketRiskExplanatory to ifrs-full_DisclosureOfMarketRiskExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMarketRiskExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfMarketRiskExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfMarketRiskExplanatory_lbl1">Disclosure of market risk [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMarketRiskExplanatory" xlink:to="ifrs-full_DisclosureOfMarketRiskExplanatory_lbl1" xlink:title="label: DisclosureOfMarketRiskExplanatory to ifrs-full_DisclosureOfMarketRiskExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:label="DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:title="DisclosureOfMaterialAccountingPolicyInformationExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory">MATERIAL ACCOUNTING POLICIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:to="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:title="label: DisclosureOfMaterialAccountingPolicyInformationExplanatory to ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_lbl1">Disclosure of material accounting policy information [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:to="ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_lbl1" xlink:title="label: DisclosureOfMaterialAccountingPolicyInformationExplanatory to ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract">SUBSEQUENT EVENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:title="label: DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract to ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:title="label: DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems to ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:title="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xml:lang="en-US" id="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:title="label: DisclosureOfNonadjustingEventsAfterReportingPeriodTable to ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:label="DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:title="DisclosureOfOffsettingOfFinancialAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory">Financial Assets Subject to Offsetting</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:title="label: DisclosureOfOffsettingOfFinancialAssetsExplanatory to ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_lbl1">Disclosure of offsetting of financial assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOffsettingOfFinancialAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_lbl1" xlink:title="label: DisclosureOfOffsettingOfFinancialAssetsExplanatory to ifrs-full_DisclosureOfOffsettingOfFinancialAssetsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:label="DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:title="DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory">Financial Liabilities Subject to Offsetting</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:title="label: DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory to ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory_lbl1">Disclosure of offsetting of financial liabilities [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory" xlink:to="ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory_lbl1" xlink:title="label: DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory to ifrs-full_DisclosureOfOffsettingOfFinancialLiabilitiesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="DisclosureOfOperatingSegmentsAbstract" xlink:title="DisclosureOfOperatingSegmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOperatingSegmentsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfOperatingSegmentsAbstract">OPERATING SEGMENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsAbstract" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:title="label: DisclosureOfOperatingSegmentsAbstract to ifrs-full_DisclosureOfOperatingSegmentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:label="DisclosureOfOperatingSegmentsExplanatory" xlink:title="DisclosureOfOperatingSegmentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfOperatingSegmentsExplanatory">OPERATING SEGMENTS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:title="label: DisclosureOfOperatingSegmentsExplanatory to ifrs-full_DisclosureOfOperatingSegmentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl1">Disclosure of operating segments [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl1" xlink:title="label: DisclosureOfOperatingSegmentsExplanatory to ifrs-full_DisclosureOfOperatingSegmentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="DisclosureOfOperatingSegmentsLineItems" xlink:title="DisclosureOfOperatingSegmentsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOperatingSegmentsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfOperatingSegmentsLineItems">Disclosure of operating segments [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsLineItems" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:title="label: DisclosureOfOperatingSegmentsLineItems to ifrs-full_DisclosureOfOperatingSegmentsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="DisclosureOfOperatingSegmentsTable" xlink:title="DisclosureOfOperatingSegmentsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOperatingSegmentsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfOperatingSegmentsTable">Disclosure of operating segments [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOperatingSegmentsTable" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:title="label: DisclosureOfOperatingSegmentsTable to ifrs-full_DisclosureOfOperatingSegmentsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:title="DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory">OTHER INCOME AND EXPENSES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:title="label: DisclosureOfOtherOperatingIncomeExpenseExplanatory to ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl1">Disclosure of other operating income (expense) [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl1" xlink:title="label: DisclosureOfOtherOperatingIncomeExpenseExplanatory to ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:label="DisclosureOfOtherProvisionsExplanatory" xlink:title="DisclosureOfOtherProvisionsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfOtherProvisionsExplanatory">Movement of Provision for Sundry Risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:title="label: DisclosureOfOtherProvisionsExplanatory to ifrs-full_DisclosureOfOtherProvisionsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl1">Disclosure of other provisions [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherProvisionsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl1" xlink:title="label: DisclosureOfOtherProvisionsExplanatory to ifrs-full_DisclosureOfOtherProvisionsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPerformanceObligationsAbstract" xlink:label="DisclosureOfPerformanceObligationsAbstract" xlink:title="DisclosureOfPerformanceObligationsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPerformanceObligationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPerformanceObligationsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfPerformanceObligationsAbstract">Performance Obligations [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPerformanceObligationsAbstract" xlink:to="ifrs-full_DisclosureOfPerformanceObligationsAbstract" xlink:title="label: DisclosureOfPerformanceObligationsAbstract to ifrs-full_DisclosureOfPerformanceObligationsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPerformanceObligationsLineItems" xlink:label="DisclosureOfPerformanceObligationsLineItems" xlink:title="DisclosureOfPerformanceObligationsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPerformanceObligationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPerformanceObligationsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfPerformanceObligationsLineItems">Disclosure of performance obligations [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPerformanceObligationsLineItems" xlink:to="ifrs-full_DisclosureOfPerformanceObligationsLineItems" xlink:title="label: DisclosureOfPerformanceObligationsLineItems to ifrs-full_DisclosureOfPerformanceObligationsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPerformanceObligationsTable" xlink:label="DisclosureOfPerformanceObligationsTable" xlink:title="DisclosureOfPerformanceObligationsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPerformanceObligationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPerformanceObligationsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfPerformanceObligationsTable">Disclosure of performance obligations [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPerformanceObligationsTable" xlink:to="ifrs-full_DisclosureOfPerformanceObligationsTable" xlink:title="label: DisclosureOfPerformanceObligationsTable to ifrs-full_DisclosureOfPerformanceObligationsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:label="DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:title="DisclosureOfPropertyPlantAndEquipmentAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract">PROPERTY, FURNITURE AND EQUIPMENT, NET [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentAbstract to ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:title="DisclosureOfPropertyPlantAndEquipmentExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory">PROPERTY, FURNITURE AND EQUIPMENT, NET</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentExplanatory to ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl1">Disclosure of property, plant and equipment [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl1" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentExplanatory to ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="DisclosureOfPropertyPlantAndEquipmentLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentLineItems to ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="DisclosureOfPropertyPlantAndEquipmentTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xml:lang="en-US" id="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:title="label: DisclosureOfPropertyPlantAndEquipmentTable to ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xlink:label="DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xlink:title="DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract">RIGHT-OF-USE ASSETS, NET AND LEASE OBLIGATIONS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" xlink:title="label: DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract to ifrs-full_DisclosureOfQuantitativeInformationAboutLeasesForLesseeAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract">Right-of-Use Assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl1">Disclosure of quantitative information about right-of-use assets [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl1" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory">Right-of-Use Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl1">Disclosure of quantitative information about right-of-use assets [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl1" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:label="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:title="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:to="ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:title="label: DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable to ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:label="DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:title="DisclosureOfReconciliationOfChangesInGoodwillExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory">Reconciliation of Changes in Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" xlink:title="label: DisclosureOfReconciliationOfChangesInGoodwillExplanatory to ifrs-full_DisclosureOfReconciliationOfChangesInGoodwillExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:label="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:title="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory">Components of Movements of Insurance Contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory_lbl1">Disclosure of reconciliation of changes in insurance contracts by components [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory_lbl1" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:label="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:title="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems">Disclosure of reconciliation of changes in insurance contracts by components [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems_lbl1">Disclosure of reconciliation of changes in insurance contracts by components [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems_lbl1" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:label="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:title="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable">Disclosure of reconciliation of changes in insurance contracts by components [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable_lbl1">Disclosure of reconciliation of changes in insurance contracts by components [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable_lbl1" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByComponentsTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:label="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:title="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:label="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:title="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable">Disclosure of reconciliation of changes in insurance contracts by remaining coverage and incurred claims [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:to="ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" xlink:title="label: DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable to ifrs-full_DisclosureOfReconciliationOfChangesInInsuranceContractsByRemainingCoverageAndIncurredClaimsTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:label="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:title="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract">Reconciliation of liabilities arising from financing activities:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:to="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:title="label: DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract to ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:label="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:title="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:to="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:title="label: DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems to ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:label="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:title="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xml:lang="en-US" id="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable">Disclosure of reconciliation of liabilities arising from financing activities [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:to="ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:title="label: DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable to ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReinsuranceExplanatory" xlink:label="DisclosureOfReinsuranceExplanatory" xlink:title="DisclosureOfReinsuranceExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReinsuranceExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReinsuranceExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfReinsuranceExplanatory">Assets per Reinsurance Contract</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReinsuranceExplanatory" xlink:to="ifrs-full_DisclosureOfReinsuranceExplanatory" xlink:title="label: DisclosureOfReinsuranceExplanatory to ifrs-full_DisclosureOfReinsuranceExplanatory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="DisclosureOfRelatedPartyExplanatory" xlink:title="DisclosureOfRelatedPartyExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfRelatedPartyExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfRelatedPartyExplanatory">TRANSACTIONS AND BALANCES WITH RELATED PARTIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRelatedPartyExplanatory" xlink:to="ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:title="label: DisclosureOfRelatedPartyExplanatory to ifrs-full_DisclosureOfRelatedPartyExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl1">Disclosure of related party [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRelatedPartyExplanatory" xlink:to="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl1" xlink:title="label: DisclosureOfRelatedPartyExplanatory to ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:label="DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:title="DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory">CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:to="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:title="label: DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory to ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1">Disclosure of repurchase and reverse repurchase agreements [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory" xlink:to="ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" xlink:title="label: DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory to ifrs-full_DisclosureOfRepurchaseAndReverseRepurchaseAgreementsExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:label="DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:title="DisclosureOfReservesAndOtherEquityInterestExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory">Reserves Within Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:title="label: DisclosureOfReservesAndOtherEquityInterestExplanatory to ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_lbl1">Disclosure of reserves within equity [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_lbl1" xlink:title="label: DisclosureOfReservesAndOtherEquityInterestExplanatory to ifrs-full_DisclosureOfReservesAndOtherEquityInterestExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfReservesWithinEquityAbstract" xlink:label="DisclosureOfReservesWithinEquityAbstract" xlink:title="DisclosureOfReservesWithinEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfReservesWithinEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfReservesWithinEquityAbstract" xml:lang="en-US" id="ifrs-full_DisclosureOfReservesWithinEquityAbstract">Reserves [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfReservesWithinEquityAbstract" xlink:to="ifrs-full_DisclosureOfReservesWithinEquityAbstract" xlink:title="label: DisclosureOfReservesWithinEquityAbstract to ifrs-full_DisclosureOfReservesWithinEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:title="DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory">EQUITY</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:title="label: DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory to ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl1">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl1" xlink:title="label: DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory to ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory">Transactions with Related Parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesExplanatory to ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl1">Disclosure of transactions between related parties [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl1" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesExplanatory to ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xml:lang="en-US" id="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">Disclosure of transactions between related parties [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesLineItems to ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:title="DisclosureOfTransactionsBetweenRelatedPartiesTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xml:lang="en-US" id="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable">Disclosure of transactions between related parties [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:title="label: DisclosureOfTransactionsBetweenRelatedPartiesTable to ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:label="DisclosureOfTreasurySharesExplanatory" xlink:title="DisclosureOfTreasurySharesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DisclosureOfTreasurySharesExplanatory" xml:lang="en-US" id="ifrs-full_DisclosureOfTreasurySharesExplanatory">Treasury Stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTreasurySharesExplanatory" xlink:to="ifrs-full_DisclosureOfTreasurySharesExplanatory" xlink:title="label: DisclosureOfTreasurySharesExplanatory to ifrs-full_DisclosureOfTreasurySharesExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl1">Disclosure of treasury shares [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTreasurySharesExplanatory" xlink:to="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl1" xlink:title="label: DisclosureOfTreasurySharesExplanatory to ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:label="DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:title="DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xml:lang="en-US" id="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal">Discount rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:to="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:title="label: DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal to ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal1" xml:lang="en-US" id="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal1">Discount rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal" xlink:to="ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal1" xlink:title="label: DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal to ifrs-full_DiscountRateUsedInCurrentMeasurementOfFairValueLessCostsOfDisposal1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="DisposalsPropertyPlantAndEquipment" xlink:title="DisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DisposalsPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_DisposalsPropertyPlantAndEquipment">Disposals and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:title="label: DisposalsPropertyPlantAndEquipment to ifrs-full_DisposalsPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl1">Disposals, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl1" xlink:title="label: DisposalsPropertyPlantAndEquipment to ifrs-full_DisposalsPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendPayables" xlink:label="DividendPayables" xlink:title="DividendPayables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendPayables" xml:lang="en-US" id="ifrs-full_DividendPayables">Dividends payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendPayables" xlink:to="ifrs-full_DividendPayables" xlink:title="label: DividendPayables to ifrs-full_DividendPayables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendPayables1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DividendPayables1" xml:lang="en-US" id="ifrs-full_DividendPayables1">Dividends declared</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendPayables" xlink:to="ifrs-full_DividendPayables1" xlink:title="label: DividendPayables to ifrs-full_DividendPayables1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="DividendsPaidClassifiedAsFinancingActivities" xlink:title="DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xml:lang="en-US" id="ifrs-full_DividendsPaidClassifiedAsFinancingActivities">Dividends paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:title="label: DividendsPaidClassifiedAsFinancingActivities to ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DividendsPaidClassifiedAsFinancingActivities1" xml:lang="en-US" id="ifrs-full_DividendsPaidClassifiedAsFinancingActivities1">Dividends distribution, net of treasury shares effect</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities1" xlink:title="label: DividendsPaidClassifiedAsFinancingActivities to ifrs-full_DividendsPaidClassifiedAsFinancingActivities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DividendsPaidClassifiedAsFinancingActivities2" xml:lang="en-US" id="ifrs-full_DividendsPaidClassifiedAsFinancingActivities2">Dividends payout (equivalent in thousands of US$)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities2" xlink:title="label: DividendsPaidClassifiedAsFinancingActivities to ifrs-full_DividendsPaidClassifiedAsFinancingActivities2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl3" xml:lang="en-US" id="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl3">Dividends paid, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl3" xlink:title="label: DividendsPaidClassifiedAsFinancingActivities to ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:label="DividendsPaidOrdinarySharesPerShare" xlink:title="DividendsPaidOrdinarySharesPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DividendsPaidOrdinarySharesPerShare" xml:lang="en-US" id="ifrs-full_DividendsPaidOrdinarySharesPerShare">Payment of dividends per share (in sol per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidOrdinarySharesPerShare" xlink:to="ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:title="label: DividendsPaidOrdinarySharesPerShare to ifrs-full_DividendsPaidOrdinarySharesPerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl1" xml:lang="en-US" id="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl1">Dividends paid, ordinary shares per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidOrdinarySharesPerShare" xlink:to="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl1" xlink:title="label: DividendsPaidOrdinarySharesPerShare to ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:label="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:title="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xml:lang="en-US" id="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities">Dividends paid to non-controlling interest of subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:title="label: DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities to ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_lbl1" xml:lang="en-US" id="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_lbl1">Dividends paid to non-controlling interests, classified as financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_lbl1" xlink:title="label: DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities to ifrs-full_DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:title="DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xml:lang="en-US" id="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests">Dividends paid to interest non-controlling of subsidiaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:title="label: DividendsRecognisedAsDistributionsToNoncontrollingInterests to ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl1" xml:lang="en-US" id="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl1">Dividends recognised as distributions to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl1" xlink:title="label: DividendsRecognisedAsDistributionsToNoncontrollingInterests to ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:label="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:title="DividendsRecognisedAsDistributionsToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xml:lang="en-US" id="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent">Dividend distribution, Note 16(e)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:title="label: DividendsRecognisedAsDistributionsToOwnersOfParent to ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl1" xml:lang="en-US" id="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl1">Dividends recognised as distributions to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsRecognisedAsDistributionsToOwnersOfParent" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl1" xlink:title="label: DividendsRecognisedAsDistributionsToOwnersOfParent to ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_DonationsAndSubsidiesExpense" xlink:label="DonationsAndSubsidiesExpense" xlink:title="DonationsAndSubsidiesExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DonationsAndSubsidiesExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_DonationsAndSubsidiesExpense" xml:lang="en-US" id="ifrs-full_DonationsAndSubsidiesExpense">Donations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense" xlink:title="label: DonationsAndSubsidiesExpense to ifrs-full_DonationsAndSubsidiesExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DonationsAndSubsidiesExpense1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_DonationsAndSubsidiesExpense1" xml:lang="en-US" id="ifrs-full_DonationsAndSubsidiesExpense1">Donations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense1" xlink:title="label: DonationsAndSubsidiesExpense to ifrs-full_DonationsAndSubsidiesExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_DonationsAndSubsidiesExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_DonationsAndSubsidiesExpense_lbl2" xml:lang="en-US" id="ifrs-full_DonationsAndSubsidiesExpense_lbl2">Donations and subsidies expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DonationsAndSubsidiesExpense" xlink:to="ifrs-full_DonationsAndSubsidiesExpense_lbl2" xlink:title="label: DonationsAndSubsidiesExpense to ifrs-full_DonationsAndSubsidiesExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="EarningsPerShareAbstract" xlink:title="EarningsPerShareAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_EarningsPerShareAbstract" xml:lang="en-US" id="ifrs-full_EarningsPerShareAbstract">Net basic and dilutive earnings per share attributable to Credicorp's equity holders:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract" xlink:title="label: EarningsPerShareAbstract to ifrs-full_EarningsPerShareAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EarningsPerShareAbstract1" xml:lang="en-US" id="ifrs-full_EarningsPerShareAbstract1">EARNING PER SHARE [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract1" xlink:title="label: EarningsPerShareAbstract to ifrs-full_EarningsPerShareAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EarningsPerShareExplanatory" xlink:label="EarningsPerShareExplanatory" xlink:title="EarningsPerShareExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EarningsPerShareExplanatory" xml:lang="en-US" id="ifrs-full_EarningsPerShareExplanatory">EARNING PER SHARE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareExplanatory" xlink:to="ifrs-full_EarningsPerShareExplanatory" xlink:title="label: EarningsPerShareExplanatory to ifrs-full_EarningsPerShareExplanatory" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EarningsPerShareExplanatory_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EarningsPerShareExplanatory_lbl1" xml:lang="en-US" id="ifrs-full_EarningsPerShareExplanatory_lbl1">Earnings per share [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EarningsPerShareExplanatory" xlink:to="ifrs-full_EarningsPerShareExplanatory_lbl1" xlink:title="label: EarningsPerShareExplanatory to ifrs-full_EarningsPerShareExplanatory_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:title="EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xml:lang="en-US" id="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents">Effect of changes in exchange rate of cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:title="label: EffectOfExchangeRateChangesOnCashAndCashEquivalents to ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" xml:lang="en-US" id="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" xlink:title="label: EffectOfExchangeRateChangesOnCashAndCashEquivalents to ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EightYearsBeforeReportingYearMember" xlink:label="EightYearsBeforeReportingYearMember" xlink:title="EightYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EightYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EightYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_EightYearsBeforeReportingYearMember">2014/2015 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EightYearsBeforeReportingYearMember" xlink:to="ifrs-full_EightYearsBeforeReportingYearMember" xlink:title="label: EightYearsBeforeReportingYearMember to ifrs-full_EightYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="EliminationOfIntersegmentAmountsMember" xlink:title="EliminationOfIntersegmentAmountsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EliminationOfIntersegmentAmountsMember" xml:lang="en-US" id="ifrs-full_EliminationOfIntersegmentAmountsMember">Elimination Segments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfIntersegmentAmountsMember" xlink:to="ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:title="label: EliminationOfIntersegmentAmountsMember to ifrs-full_EliminationOfIntersegmentAmountsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl1" xml:lang="en-US" id="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl1">Elimination of intersegment amounts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EliminationOfIntersegmentAmountsMember" xlink:to="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl1" xlink:title="label: EliminationOfIntersegmentAmountsMember to ifrs-full_EliminationOfIntersegmentAmountsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EmployeeBenefitsExpense" xlink:label="EmployeeBenefitsExpense" xlink:title="EmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_EmployeeBenefitsExpense" xml:lang="en-US" id="ifrs-full_EmployeeBenefitsExpense">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense" xlink:title="label: EmployeeBenefitsExpense to ifrs-full_EmployeeBenefitsExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EmployeeBenefitsExpense1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_EmployeeBenefitsExpense1" xml:lang="en-US" id="ifrs-full_EmployeeBenefitsExpense1">Salaries and employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense1" xlink:title="label: EmployeeBenefitsExpense to ifrs-full_EmployeeBenefitsExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EmployeeBenefitsExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EmployeeBenefitsExpense_lbl2" xml:lang="en-US" id="ifrs-full_EmployeeBenefitsExpense_lbl2">Employee benefits expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeBenefitsExpense" xlink:to="ifrs-full_EmployeeBenefitsExpense_lbl2" xlink:title="label: EmployeeBenefitsExpense to ifrs-full_EmployeeBenefitsExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="EntitysTotalForAssociatesMember" xlink:title="EntitysTotalForAssociatesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForAssociatesMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForAssociatesMember">Entity's total for associates [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForAssociatesMember" xlink:to="ifrs-full_EntitysTotalForAssociatesMember" xlink:title="label: EntitysTotalForAssociatesMember to ifrs-full_EntitysTotalForAssociatesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForAssociatesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForAssociatesMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForAssociatesMember_lbl1">Entity's total for associates [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForAssociatesMember" xlink:to="ifrs-full_EntitysTotalForAssociatesMember_lbl1" xlink:title="label: EntitysTotalForAssociatesMember to ifrs-full_EntitysTotalForAssociatesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="EntitysTotalForCashgeneratingUnitsMember" xlink:title="EntitysTotalForCashgeneratingUnitsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForCashgeneratingUnitsMember">Entity's total for cash-generating units [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForCashgeneratingUnitsMember" xlink:to="ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:title="label: EntitysTotalForCashgeneratingUnitsMember to ifrs-full_EntitysTotalForCashgeneratingUnitsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl1">Entity's total for cash-generating units [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForCashgeneratingUnitsMember" xlink:to="ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl1" xlink:title="label: EntitysTotalForCashgeneratingUnitsMember to ifrs-full_EntitysTotalForCashgeneratingUnitsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:label="EntitysTotalForExternalCreditGradesMember" xlink:title="EntitysTotalForExternalCreditGradesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForExternalCreditGradesMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForExternalCreditGradesMember">Entity's total for external credit grades [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForExternalCreditGradesMember" xlink:to="ifrs-full_EntitysTotalForExternalCreditGradesMember" xlink:title="label: EntitysTotalForExternalCreditGradesMember to ifrs-full_EntitysTotalForExternalCreditGradesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl1">Entity's total for external credit grades [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForExternalCreditGradesMember" xlink:to="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl1" xlink:title="label: EntitysTotalForExternalCreditGradesMember to ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:label="EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:title="EntitysTotalForImpairmentOfFinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember">Entity's total for impairment of financial assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:to="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:title="label: EntitysTotalForImpairmentOfFinancialAssetsMember to ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl1">Entity's total for impairment of financial assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForImpairmentOfFinancialAssetsMember" xlink:to="ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl1" xlink:title="label: EntitysTotalForImpairmentOfFinancialAssetsMember to ifrs-full_EntitysTotalForImpairmentOfFinancialAssetsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="EntitysTotalForRelatedPartiesMember" xlink:title="EntitysTotalForRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForRelatedPartiesMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForRelatedPartiesMember">Entity's total for related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForRelatedPartiesMember" xlink:to="ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:title="label: EntitysTotalForRelatedPartiesMember to ifrs-full_EntitysTotalForRelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForRelatedPartiesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForRelatedPartiesMember1" xml:lang="en-US" id="ifrs-full_EntitysTotalForRelatedPartiesMember1">Entity's total for related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForRelatedPartiesMember" xlink:to="ifrs-full_EntitysTotalForRelatedPartiesMember1" xlink:title="label: EntitysTotalForRelatedPartiesMember to ifrs-full_EntitysTotalForRelatedPartiesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xlink:label="EntitysTotalForSegmentConsolidationItemsMember" xlink:title="EntitysTotalForSegmentConsolidationItemsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember">Entity's total for segment consolidation items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" xlink:title="label: EntitysTotalForSegmentConsolidationItemsMember to ifrs-full_EntitysTotalForSegmentConsolidationItemsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember_lbl1">Entity's total for segment consolidation items [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSegmentConsolidationItemsMember" xlink:to="ifrs-full_EntitysTotalForSegmentConsolidationItemsMember_lbl1" xlink:title="label: EntitysTotalForSegmentConsolidationItemsMember to ifrs-full_EntitysTotalForSegmentConsolidationItemsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="EntitysTotalForSubsidiariesMember" xlink:title="EntitysTotalForSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForSubsidiariesMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForSubsidiariesMember">Entity's total for subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSubsidiariesMember" xlink:to="ifrs-full_EntitysTotalForSubsidiariesMember" xlink:title="label: EntitysTotalForSubsidiariesMember to ifrs-full_EntitysTotalForSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForSubsidiariesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForSubsidiariesMember1" xml:lang="en-US" id="ifrs-full_EntitysTotalForSubsidiariesMember1">Entity's total for subsidiaries [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForSubsidiariesMember" xlink:to="ifrs-full_EntitysTotalForSubsidiariesMember1" xlink:title="label: EntitysTotalForSubsidiariesMember to ifrs-full_EntitysTotalForSubsidiariesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:label="EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:title="EntitysTotalForUnconsolidatedStructuredEntitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xml:lang="en-US" id="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember">Entity's total for unconsolidated structured entities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:title="label: EntitysTotalForUnconsolidatedStructuredEntitiesMember to ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl1" xml:lang="en-US" id="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl1">Entity's total for unconsolidated structured entities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl1" xlink:title="label: EntitysTotalForUnconsolidatedStructuredEntitiesMember to ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Equity" xlink:label="Equity" xlink:title="Equity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_Equity" xml:lang="en-US" id="ifrs-full_Equity">Total equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="ifrs-full_Equity" xlink:title="label: Equity to ifrs-full_Equity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_Equity1" xml:lang="en-US" id="ifrs-full_Equity1">Balances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="ifrs-full_Equity1" xlink:title="label: Equity to ifrs-full_Equity1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_Equity2" xml:lang="en-US" id="ifrs-full_Equity2">Balances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="ifrs-full_Equity2" xlink:title="label: Equity to ifrs-full_Equity2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Equity3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Equity3" xml:lang="en-US" id="ifrs-full_Equity3">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="ifrs-full_Equity3" xlink:title="label: Equity to ifrs-full_Equity3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAbstract" xlink:label="EquityAbstract" xlink:title="EquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_EquityAbstract" xml:lang="en-US" id="ifrs-full_EquityAbstract">Equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAbstract" xlink:to="ifrs-full_EquityAbstract" xlink:title="label: EquityAbstract to ifrs-full_EquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityAbstract1" xml:lang="en-US" id="ifrs-full_EquityAbstract1">EQUITY [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAbstract" xlink:to="ifrs-full_EquityAbstract1" xlink:title="label: EquityAbstract to ifrs-full_EquityAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAndLiabilities" xlink:label="EquityAndLiabilities" xlink:title="EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_EquityAndLiabilities" xml:lang="en-US" id="ifrs-full_EquityAndLiabilities">Total liabilities and equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities" xlink:title="label: EquityAndLiabilities to ifrs-full_EquityAndLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityAndLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_EquityAndLiabilities_lbl1">Equity and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl1" xlink:title="label: EquityAndLiabilities to ifrs-full_EquityAndLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="EquityAndLiabilitiesAbstract" xlink:title="EquityAndLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_EquityAndLiabilitiesAbstract" xml:lang="en-US" id="ifrs-full_EquityAndLiabilitiesAbstract">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilitiesAbstract" xlink:to="ifrs-full_EquityAndLiabilitiesAbstract" xlink:title="label: EquityAndLiabilitiesAbstract to ifrs-full_EquityAndLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityAndLiabilitiesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_EquityAndLiabilitiesAbstract_lbl1">Equity and liabilities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilitiesAbstract" xlink:to="ifrs-full_EquityAndLiabilitiesAbstract_lbl1" xlink:title="label: EquityAndLiabilitiesAbstract to ifrs-full_EquityAndLiabilitiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="EquityAttributableToOwnersOfParent" xlink:title="EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_EquityAttributableToOwnersOfParent" xml:lang="en-US" id="ifrs-full_EquityAttributableToOwnersOfParent">Total equity attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent" xlink:title="label: EquityAttributableToOwnersOfParent to ifrs-full_EquityAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityAttributableToOwnersOfParent_lbl1" xml:lang="en-US" id="ifrs-full_EquityAttributableToOwnersOfParent_lbl1">Equity attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl1" xlink:title="label: EquityAttributableToOwnersOfParent to ifrs-full_EquityAttributableToOwnersOfParent_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="EquityAttributableToOwnersOfParentMember" xlink:title="EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EquityAttributableToOwnersOfParentMember" xml:lang="en-US" id="ifrs-full_EquityAttributableToOwnersOfParentMember">Total [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:title="label: EquityAttributableToOwnersOfParentMember to ifrs-full_EquityAttributableToOwnersOfParentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl1" xml:lang="en-US" id="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl1">Equity attributable to owners of parent [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentMember" xlink:to="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl1" xlink:title="label: EquityAttributableToOwnersOfParentMember to ifrs-full_EquityAttributableToOwnersOfParentMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityInvestmentsMember" xlink:label="EquityInvestmentsMember" xlink:title="EquityInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EquityInvestmentsMember" xml:lang="en-US" id="ifrs-full_EquityInvestmentsMember">Investments in Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInvestmentsMember" xlink:to="ifrs-full_EquityInvestmentsMember" xlink:title="label: EquityInvestmentsMember to ifrs-full_EquityInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityInvestmentsMember_lbl1" xml:lang="en-US" id="ifrs-full_EquityInvestmentsMember_lbl1">Equity investments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInvestmentsMember" xlink:to="ifrs-full_EquityInvestmentsMember_lbl1" xlink:title="label: EquityInvestmentsMember to ifrs-full_EquityInvestmentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EquityMember" xlink:label="EquityMember" xlink:title="EquityMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EquityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EquityMember" xml:lang="en-US" id="ifrs-full_EquityMember">Equity [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMember" xlink:to="ifrs-full_EquityMember" xlink:title="label: EquityMember to ifrs-full_EquityMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xml:lang="en-US" id="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17">Accumulated gross claims and other directly attributable expenses paid for the year of occurrence</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:to="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17 to ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts within scope of IFRS 17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:to="ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17 to ifrs-full_EstimateOfUndiscountedClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:label="EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:title="EstimatesOfPresentValueOfFutureCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember">Present Value of Future Cash Flows [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:title="label: EstimatesOfPresentValueOfFutureCashFlowsMember to ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember_lbl1" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember_lbl1">Estimates of present value of future cash flows [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfFutureCashFlowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember_lbl1" xlink:title="label: EstimatesOfPresentValueOfFutureCashFlowsMember to ifrs-full_EstimatesOfPresentValueOfFutureCashFlowsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember" xlink:label="EstimatesOfPresentValueOfFutureCashInflowsMember" xlink:title="EstimatesOfPresentValueOfFutureCashInflowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember">Estimates of the Present Value of Future Inflows [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfFutureCashInflowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember" xlink:title="label: EstimatesOfPresentValueOfFutureCashInflowsMember to ifrs-full_EstimatesOfPresentValueOfFutureCashInflowsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember" xlink:label="EstimatesOfPresentValueOfFutureCashOutflowsMember" xlink:title="EstimatesOfPresentValueOfFutureCashOutflowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember">Estimates of the present value of future outflows: [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfFutureCashOutflowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember" xlink:title="label: EstimatesOfPresentValueOfFutureCashOutflowsMember to ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xlink:label="EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xlink:title="EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember">Claims and Other Directly Attributable Expenses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" xlink:title="label: EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember to ifrs-full_EstimatesOfPresentValueOfFutureCashOutflowsOtherThanInsuranceAcquisitionCashFlowsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xlink:label="EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xlink:title="EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xml:lang="en-US" id="ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember">Insurance Acquisition Cash Flows [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xlink:to="ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" xlink:title="label: EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember to ifrs-full_EstimatesOfPresentValueOfInsuranceAcquisitionCashFlowsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:label="ExchangeDifferencesOnTranslationAbstract" xlink:title="ExchangeDifferencesOnTranslationAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ExchangeDifferencesOnTranslationAbstract" xml:lang="en-US" id="ifrs-full_ExchangeDifferencesOnTranslationAbstract">Foreign exchange translation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeDifferencesOnTranslationAbstract" xlink:to="ifrs-full_ExchangeDifferencesOnTranslationAbstract" xlink:title="label: ExchangeDifferencesOnTranslationAbstract to ifrs-full_ExchangeDifferencesOnTranslationAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:label="ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:title="ExpensesFromAllocationOfPremiumsPaidToReinsurer" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer" xml:lang="en-US" id="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer">Expenses for assigning the premiums paid to the reinsurer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:to="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:title="label: ExpensesFromAllocationOfPremiumsPaidToReinsurer to ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer1" xml:lang="en-US" id="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer1">Expenses for assigning the premiums paid to the reinsurer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:to="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer1" xlink:title="label: ExpensesFromAllocationOfPremiumsPaidToReinsurer to ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer_lbl2" xml:lang="en-US" id="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer_lbl2">Expenses from allocation of premiums paid to reinsurer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesFromAllocationOfPremiumsPaidToReinsurer" xlink:to="ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer_lbl2" xlink:title="label: ExpensesFromAllocationOfPremiumsPaidToReinsurer to ifrs-full_ExpensesFromAllocationOfPremiumsPaidToReinsurer_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ExternalCreditGradesAxis" xlink:label="ExternalCreditGradesAxis" xlink:title="ExternalCreditGradesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ExternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ExternalCreditGradesAxis" xml:lang="en-US" id="ifrs-full_ExternalCreditGradesAxis">External credit grades [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExternalCreditGradesAxis" xlink:to="ifrs-full_ExternalCreditGradesAxis" xlink:title="label: ExternalCreditGradesAxis to ifrs-full_ExternalCreditGradesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:label="FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:title="FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome">(Provision) of credit loss for investments at fair value with changes in other comprehensive income, note 6(b)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:to="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:title="label: FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome to ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome_lbl1" xml:lang="en-US" id="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome_lbl1">Fair value gains (losses) on financial assets reclassified out of available-for-sale financial assets recognised in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome" xlink:to="ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome_lbl1" xlink:title="label: FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome to ifrs-full_FairValueGainsLossesOnFinancialAssetsReclassifiedOutOfAvailableforsaleFinancialAssetsRecognisedInOtherComprehensiveIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FairValueHedgesMember" xlink:label="FairValueHedgesMember" xlink:title="FairValueHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FairValueHedgesMember" xml:lang="en-US" id="ifrs-full_FairValueHedgesMember">Fair Value Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHedgesMember" xlink:to="ifrs-full_FairValueHedgesMember" xlink:title="label: FairValueHedgesMember to ifrs-full_FairValueHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueHedgesMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FairValueHedgesMember1" xml:lang="en-US" id="ifrs-full_FairValueHedgesMember1">Fair Value Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHedgesMember" xlink:to="ifrs-full_FairValueHedgesMember1" xlink:title="label: FairValueHedgesMember to ifrs-full_FairValueHedgesMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueHedgesMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FairValueHedgesMember_lbl2" xml:lang="en-US" id="ifrs-full_FairValueHedgesMember_lbl2">Fair value hedges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHedgesMember" xlink:to="ifrs-full_FairValueHedgesMember_lbl2" xlink:title="label: FairValueHedgesMember to ifrs-full_FairValueHedgesMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome">Investments in equity instruments designated 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="FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FairValueOfInvestmentsInEquityInstrumentsDesignatedAsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xlink:label="FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xlink:title="FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xml:lang="en-US" id="ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures">fair value of the underlying assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xlink:to="ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" xlink:title="label: FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures to ifrs-full_FairValueOfUnderlyingItemsForContractsWithDirectParticipationFeatures" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FeeAndCommissionExpense" xlink:label="FeeAndCommissionExpense" xlink:title="FeeAndCommissionExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FeeAndCommissionExpense" xml:lang="en-US" id="ifrs-full_FeeAndCommissionExpense">Commissions by agents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense" xlink:title="label: FeeAndCommissionExpense to ifrs-full_FeeAndCommissionExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FeeAndCommissionExpense_lbl1" xml:lang="en-US" id="ifrs-full_FeeAndCommissionExpense_lbl1">Fee and commission expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionExpense" xlink:to="ifrs-full_FeeAndCommissionExpense_lbl1" xlink:title="label: FeeAndCommissionExpense to ifrs-full_FeeAndCommissionExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FeeAndCommissionIncome" xlink:label="FeeAndCommissionIncome" xlink:title="FeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FeeAndCommissionIncome" xml:lang="en-US" id="ifrs-full_FeeAndCommissionIncome">Commissions and fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionIncome" xlink:to="ifrs-full_FeeAndCommissionIncome" xlink:title="label: FeeAndCommissionIncome to ifrs-full_FeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncome1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_FeeAndCommissionIncome1" xml:lang="en-US" id="ifrs-full_FeeAndCommissionIncome1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionIncome" xlink:to="ifrs-full_FeeAndCommissionIncome1" xlink:title="label: FeeAndCommissionIncome to ifrs-full_FeeAndCommissionIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FeeAndCommissionIncome_lbl2" xml:lang="en-US" id="ifrs-full_FeeAndCommissionIncome_lbl2">Fee and commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionIncome" xlink:to="ifrs-full_FeeAndCommissionIncome_lbl2" xlink:title="label: FeeAndCommissionIncome to ifrs-full_FeeAndCommissionIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FeeAndCommissionIncomeAbstract" xlink:label="FeeAndCommissionIncomeAbstract" xlink:title="FeeAndCommissionIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FeeAndCommissionIncomeAbstract" xml:lang="en-US" id="ifrs-full_FeeAndCommissionIncomeAbstract">Commissions and Fees [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionIncomeAbstract" xlink:to="ifrs-full_FeeAndCommissionIncomeAbstract" xlink:title="label: FeeAndCommissionIncomeAbstract to ifrs-full_FeeAndCommissionIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FeeAndCommissionIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FeeAndCommissionIncomeAbstract_lbl1" xml:lang="en-US" id="ifrs-full_FeeAndCommissionIncomeAbstract_lbl1">Fee and commission income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FeeAndCommissionIncomeAbstract" xlink:to="ifrs-full_FeeAndCommissionIncomeAbstract_lbl1" xlink:title="label: FeeAndCommissionIncomeAbstract to ifrs-full_FeeAndCommissionIncomeAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:label="FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:title="FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xml:lang="en-US" id="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss">Net financial expenses for reinsurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:to="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:title="label: FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss to ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_lbl1">Finance income (expenses) from reinsurance contracts held recognised in profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss" xlink:to="ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_lbl1" xlink:title="label: FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss to ifrs-full_FinanceIncomeExpensesFromReinsuranceContractsHeldRecognisedInProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinanceLeaseReceivables" xlink:label="FinanceLeaseReceivables" xlink:title="FinanceLeaseReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceLeaseReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinanceLeaseReceivables" xml:lang="en-US" id="ifrs-full_FinanceLeaseReceivables">Leasing receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseReceivables" xlink:to="ifrs-full_FinanceLeaseReceivables" xlink:title="label: FinanceLeaseReceivables to ifrs-full_FinanceLeaseReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinanceLeaseReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinanceLeaseReceivables_lbl1" xml:lang="en-US" id="ifrs-full_FinanceLeaseReceivables_lbl1">Finance lease receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinanceLeaseReceivables" xlink:to="ifrs-full_FinanceLeaseReceivables_lbl1" xlink:title="label: FinanceLeaseReceivables to ifrs-full_FinanceLeaseReceivables_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssets" xlink:label="FinancialAssets" xlink:title="FinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssets" xml:lang="en-US" id="ifrs-full_FinancialAssets">Carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssets" xlink:to="ifrs-full_FinancialAssets" xlink:title="label: FinancialAssets to ifrs-full_FinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssets1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssets1" xml:lang="en-US" id="ifrs-full_FinancialAssets1">Financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssets" xlink:to="ifrs-full_FinancialAssets1" xlink:title="label: FinancialAssets to ifrs-full_FinancialAssets1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="FinancialAssetsAtAmortisedCost" xlink:title="FinancialAssetsAtAmortisedCost" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCost" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCost">Total investments at amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:title="label: FinancialAssetsAtAmortisedCost to ifrs-full_FinancialAssetsAtAmortisedCost" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCost1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCost1">Amortized cost investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost1" xlink:title="label: FinancialAssetsAtAmortisedCost to ifrs-full_FinancialAssetsAtAmortisedCost1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCost_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCost_lbl2">Financial assets at amortised cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl2" xlink:title="label: FinancialAssetsAtAmortisedCost to ifrs-full_FinancialAssetsAtAmortisedCost_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:label="FinancialAssetsAtAmortisedCostCategoryMember" xlink:title="FinancialAssetsAtAmortisedCostCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember">Financial Assets Measured at Amortized Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" xlink:title="label: FinancialAssetsAtAmortisedCostCategoryMember to ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember1">Amortized Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember1" xlink:title="label: FinancialAssetsAtAmortisedCostCategoryMember to ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl2">Financial assets at amortised cost, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl2" xlink:title="label: FinancialAssetsAtAmortisedCostCategoryMember to ifrs-full_FinancialAssetsAtAmortisedCostCategoryMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:label="FinancialAssetsAtAmortisedCostMember" xlink:title="FinancialAssetsAtAmortisedCostMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostMember">Financial assets at amortized cost, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:title="label: FinancialAssetsAtAmortisedCostMember to ifrs-full_FinancialAssetsAtAmortisedCostMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostMember1">Financial Assets at Amortized Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostMember1" xlink:title="label: FinancialAssetsAtAmortisedCostMember to ifrs-full_FinancialAssetsAtAmortisedCostMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtAmortisedCostMember_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtAmortisedCostMember_lbl2">Financial assets at amortised cost, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortisedCostMember" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCostMember_lbl2" xlink:title="label: FinancialAssetsAtAmortisedCostMember to ifrs-full_FinancialAssetsAtAmortisedCostMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValue" xlink:label="FinancialAssetsAtFairValue" xlink:title="FinancialAssetsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValue" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValue">Fair value of underlying assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue" xlink:title="label: FinancialAssetsAtFairValue to ifrs-full_FinancialAssetsAtFairValue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValue1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValue1">Financial assets, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue1" xlink:title="label: FinancialAssetsAtFairValue to ifrs-full_FinancialAssetsAtFairValue1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValue2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValue2">Government Bonds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue2" xlink:title="label: FinancialAssetsAtFairValue to ifrs-full_FinancialAssetsAtFairValue2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValue3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValue3" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValue3">Financial assets, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValue" xlink:to="ifrs-full_FinancialAssetsAtFairValue3" xlink:title="label: FinancialAssetsAtFairValue to ifrs-full_FinancialAssetsAtFairValue3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:label="FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:title="FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome">Total at fair value through other comprehensive income investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome1">Investments at fair value through other comprehensive income, Note 6(b)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome1" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl2">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="FinancialAssetsAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl2" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:label="FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:title="FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember">Financial Assets at Fair Value through Other Comprehensive Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember1">At Fair Value through Other Comprehensive Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember1" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl2">Financial assets at fair value through other comprehensive income, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl2" xlink:title="label: FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">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="FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLoss to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss1">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="FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss1" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLoss to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl2" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl2">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="FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl2" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLoss to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLossAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract">Balance of investments classified by maturity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossAbstract to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl1">Financial assets at fair value through profit or loss [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossAbstract" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl1" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossAbstract to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember">Financial Assets at Fair Value through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl1">Financial assets at fair value through profit or loss, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl1" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember">Balance Before Accrued Interest [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember1">At Fair Value Through Profit or Loss Held for Trading, Hedging and Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember1" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossClassifiedAsHeldForTradingCategoryMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:label="FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:title="FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember">Results of Financial Assets Designated at Fair Value Through Profit and Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember1">At Fair Value Through Profit for Loss Designated at Inception [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember1" xlink:title="label: FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember to ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLossDesignatedUponInitialRecognitionCategoryMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAvailableforsale" xlink:label="FinancialAssetsAvailableforsale" xlink:title="FinancialAssetsAvailableforsale" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsale" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsAvailableforsale" xml:lang="en-US" id="ifrs-full_FinancialAssetsAvailableforsale">Estimated fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAvailableforsale" xlink:to="ifrs-full_FinancialAssetsAvailableforsale" xlink:title="label: FinancialAssetsAvailableforsale to ifrs-full_FinancialAssetsAvailableforsale" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsale_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAvailableforsale_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAvailableforsale_lbl1">Financial assets available-for-sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAvailableforsale" xlink:to="ifrs-full_FinancialAssetsAvailableforsale_lbl1" xlink:title="label: FinancialAssetsAvailableforsale to ifrs-full_FinancialAssetsAvailableforsale_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:label="FinancialAssetsAvailableforsaleCategoryMember" xlink:title="FinancialAssetsAvailableforsaleCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember">Available for Sale [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAvailableforsaleCategoryMember" xlink:to="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" xlink:title="label: FinancialAssetsAvailableforsaleCategoryMember to ifrs-full_FinancialAssetsAvailableforsaleCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl1">Financial assets available-for-sale, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAvailableforsaleCategoryMember" xlink:to="ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl1" xlink:title="label: FinancialAssetsAvailableforsaleCategoryMember to ifrs-full_FinancialAssetsAvailableforsaleCategoryMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsCategoryMember" xlink:label="FinancialAssetsCategoryMember" xlink:title="FinancialAssetsCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsCategoryMember">Financial assets, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsCategoryMember" xlink:to="ifrs-full_FinancialAssetsCategoryMember" xlink:title="label: FinancialAssetsCategoryMember to ifrs-full_FinancialAssetsCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsCategoryMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsCategoryMember_lbl1">Financial assets, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsCategoryMember" xlink:to="ifrs-full_FinancialAssetsCategoryMember_lbl1" xlink:title="label: FinancialAssetsCategoryMember to ifrs-full_FinancialAssetsCategoryMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsImpairedMember" xlink:label="FinancialAssetsImpairedMember" xlink:title="FinancialAssetsImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsImpairedMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsImpairedMember">Impaired [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsImpairedMember" xlink:to="ifrs-full_FinancialAssetsImpairedMember" xlink:title="label: FinancialAssetsImpairedMember to ifrs-full_FinancialAssetsImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsImpairedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsImpairedMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsImpairedMember_lbl1">Financial assets impaired [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsImpairedMember" xlink:to="ifrs-full_FinancialAssetsImpairedMember_lbl1" xlink:title="label: FinancialAssetsImpairedMember to ifrs-full_FinancialAssetsImpairedMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">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="FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1">Financial assets measured 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="FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:title="label: FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsMember" xlink:label="FinancialAssetsMember" xlink:title="FinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsMember">Financial assets, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsMember" xlink:to="ifrs-full_FinancialAssetsMember" xlink:title="label: FinancialAssetsMember to ifrs-full_FinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsMember1" xml:lang="en-US" id="ifrs-full_FinancialAssetsMember1">Financial assets, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsMember" xlink:to="ifrs-full_FinancialAssetsMember1" xlink:title="label: FinancialAssetsMember to ifrs-full_FinancialAssetsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:label="FinancialAssetsNeitherPastDueNorImpairedMember" xlink:title="FinancialAssetsNeitherPastDueNorImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember">Neither Past Due Nor Impaired [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsNeitherPastDueNorImpairedMember" xlink:to="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" xlink:title="label: FinancialAssetsNeitherPastDueNorImpairedMember to ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl1">Financial assets neither past due nor impaired [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsNeitherPastDueNorImpairedMember" xlink:to="ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl1" xlink:title="label: FinancialAssetsNeitherPastDueNorImpairedMember to ifrs-full_FinancialAssetsNeitherPastDueNorImpairedMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xlink:label="FinancialAssetsPastDueButNotImpairedMember" xlink:title="FinancialAssetsPastDueButNotImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsPastDueButNotImpairedMember">Past Due but Not Impaired [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsPastDueButNotImpairedMember" xlink:to="ifrs-full_FinancialAssetsPastDueButNotImpairedMember" xlink:title="label: FinancialAssetsPastDueButNotImpairedMember to ifrs-full_FinancialAssetsPastDueButNotImpairedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl1">Financial assets past due but not impaired [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsPastDueButNotImpairedMember" xlink:to="ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl1" xlink:title="label: FinancialAssetsPastDueButNotImpairedMember to ifrs-full_FinancialAssetsPastDueButNotImpairedMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:label="FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:title="FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xml:lang="en-US" id="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements">Fair value of collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:to="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:title="label: FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements to ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl1" xml:lang="en-US" id="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl1">Financial assets that are individually determined to be impaired, fair value of collateral held and other credit enhancements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements" xlink:to="ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl1" xlink:title="label: FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements to ifrs-full_FinancialAssetsThatAreIndividuallyDeterminedToBeImpairedFairValueOfCollateralHeldAndOtherCreditEnhancements_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialAssetsTypeMember" xlink:label="FinancialAssetsTypeMember" xlink:title="FinancialAssetsTypeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsTypeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialAssetsTypeMember" xml:lang="en-US" id="ifrs-full_FinancialAssetsTypeMember">Financial assets, type [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsTypeMember" xlink:to="ifrs-full_FinancialAssetsTypeMember" xlink:title="label: FinancialAssetsTypeMember to ifrs-full_FinancialAssetsTypeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:label="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:title="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xml:lang="en-US" id="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets">Related amounts not offset in the consolidated statement of financial position, Financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:title="label: FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets to ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xml:lang="en-US" id="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" xlink:title="label: FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets to ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:label="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:title="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xml:lang="en-US" id="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities">Related amounts not offset in the consolidated statement of financial position, Financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:title="label: FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities to ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1">Financial instruments subject to enforceable master netting arrangement or similar agreement not set off against financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities" xlink:to="ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" xlink:title="label: FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities to ifrs-full_FinancialInstrumentsSubjectToEnforceableMasterNettingArrangementOrSimilarAgreementNotSetOffAgainstFinancialLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilities" xlink:label="FinancialLiabilities" xlink:title="FinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilities" xml:lang="en-US" id="ifrs-full_FinancialLiabilities">Financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities" xlink:title="label: FinancialLiabilities to ifrs-full_FinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialLiabilities1" xml:lang="en-US" id="ifrs-full_FinancialLiabilities1">Carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities1" xlink:title="label: FinancialLiabilities to ifrs-full_FinancialLiabilities1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:label="FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:title="FinancialLiabilitiesAtAmortisedCostCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember">Financial Liabilities Measured at Amortized Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" xlink:title="label: FinancialLiabilitiesAtAmortisedCostCategoryMember to ifrs-full_FinancialLiabilitiesAtAmortisedCostCategoryMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="FinancialLiabilitiesAtFairValue" xlink:title="FinancialLiabilitiesAtFairValue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValue" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValue">Financial liabilities, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:title="label: FinancialLiabilitiesAtFairValue to ifrs-full_FinancialLiabilitiesAtFairValue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValue1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValue1">Financial liabilities, at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue1" xlink:title="label: FinancialLiabilitiesAtFairValue to ifrs-full_FinancialLiabilitiesAtFairValue1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:title="FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">Financial liabilities 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="FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLoss to ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss1">Financial liabilities 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="FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss1" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLoss to ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:label="FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:title="FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember">Financial Liabilities at Fair Value through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember to ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember1">Financial Liabilities Designated at Fair Value through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember1" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember to ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesCategoryMember" xlink:label="FinancialLiabilitiesCategoryMember" xlink:title="FinancialLiabilitiesCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesCategoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialLiabilitiesCategoryMember" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesCategoryMember">Financial liabilities, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesCategoryMember" xlink:title="label: FinancialLiabilitiesCategoryMember to ifrs-full_FinancialLiabilitiesCategoryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesCategoryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesCategoryMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesCategoryMember_lbl1">Financial liabilities, category [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesCategoryMember" xlink:to="ifrs-full_FinancialLiabilitiesCategoryMember_lbl1" xlink:title="label: FinancialLiabilitiesCategoryMember to ifrs-full_FinancialLiabilitiesCategoryMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="FinancialLiabilitiesMember" xlink:title="FinancialLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialLiabilitiesMember" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesMember">Financial liabilities, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesMember" xlink:to="ifrs-full_FinancialLiabilitiesMember" xlink:title="label: FinancialLiabilitiesMember to ifrs-full_FinancialLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesMember1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesMember1">Financial liabilities, class [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesMember" xlink:to="ifrs-full_FinancialLiabilitiesMember1" xlink:title="label: FinancialLiabilitiesMember to ifrs-full_FinancialLiabilitiesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FinancialLiabilitiesTypeMember" xlink:label="FinancialLiabilitiesTypeMember" xlink:title="FinancialLiabilitiesTypeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FinancialLiabilitiesTypeMember" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesTypeMember">Financial liabilities, type [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesTypeMember" xlink:to="ifrs-full_FinancialLiabilitiesTypeMember" xlink:title="label: FinancialLiabilitiesTypeMember to ifrs-full_FinancialLiabilitiesTypeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FinancialLiabilitiesTypeMember_lbl1" xml:lang="en-US" id="ifrs-full_FinancialLiabilitiesTypeMember_lbl1">Financial liabilities, type [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesTypeMember" xlink:to="ifrs-full_FinancialLiabilitiesTypeMember_lbl1" xlink:title="label: FinancialLiabilitiesTypeMember to ifrs-full_FinancialLiabilitiesTypeMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FiveYearsBeforeReportingYearMember" xlink:label="FiveYearsBeforeReportingYearMember" xlink:title="FiveYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FiveYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FiveYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_FiveYearsBeforeReportingYearMember">2017/2018 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FiveYearsBeforeReportingYearMember" xlink:to="ifrs-full_FiveYearsBeforeReportingYearMember" xlink:title="label: FiveYearsBeforeReportingYearMember to ifrs-full_FiveYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FixedInterestRateMember" xlink:label="FixedInterestRateMember" xlink:title="FixedInterestRateMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FixedInterestRateMember" xml:lang="en-US" id="ifrs-full_FixedInterestRateMember">Fixed interest rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestRateMember" xlink:to="ifrs-full_FixedInterestRateMember" xlink:title="label: FixedInterestRateMember to ifrs-full_FixedInterestRateMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FixedInterestRateMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FixedInterestRateMember_lbl1" xml:lang="en-US" id="ifrs-full_FixedInterestRateMember_lbl1">Fixed interest rate [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestRateMember" xlink:to="ifrs-full_FixedInterestRateMember_lbl1" xlink:title="label: FixedInterestRateMember to ifrs-full_FixedInterestRateMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="FixturesAndFittingsMember" xlink:title="FixturesAndFittingsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FixturesAndFittingsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FixturesAndFittingsMember" xml:lang="en-US" id="ifrs-full_FixturesAndFittingsMember">Furniture and Fixtures [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixturesAndFittingsMember" xlink:to="ifrs-full_FixturesAndFittingsMember" xlink:title="label: FixturesAndFittingsMember to ifrs-full_FixturesAndFittingsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FixturesAndFittingsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FixturesAndFittingsMember_lbl1" xml:lang="en-US" id="ifrs-full_FixturesAndFittingsMember_lbl1">Fixtures and fittings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixturesAndFittingsMember" xlink:to="ifrs-full_FixturesAndFittingsMember_lbl1" xlink:title="label: FixturesAndFittingsMember to ifrs-full_FixturesAndFittingsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ForeignCountriesMember" xlink:label="ForeignCountriesMember" xlink:title="ForeignCountriesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ForeignCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ForeignCountriesMember" xml:lang="en-US" id="ifrs-full_ForeignCountriesMember">In Other Countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCountriesMember" xlink:to="ifrs-full_ForeignCountriesMember" xlink:title="label: ForeignCountriesMember to ifrs-full_ForeignCountriesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ForeignCountriesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ForeignCountriesMember1" xml:lang="en-US" id="ifrs-full_ForeignCountriesMember1">Other countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCountriesMember" xlink:to="ifrs-full_ForeignCountriesMember1" xlink:title="label: ForeignCountriesMember to ifrs-full_ForeignCountriesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ForwardContractMember" xlink:label="ForwardContractMember" xlink:title="ForwardContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ForwardContractMember" xml:lang="en-US" id="ifrs-full_ForwardContractMember">Foreign Currency Forward [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember" xlink:title="label: ForwardContractMember to ifrs-full_ForwardContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ForwardContractMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ForwardContractMember1" xml:lang="en-US" id="ifrs-full_ForwardContractMember1">Foreign Currency Forwards [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForwardContractMember" xlink:to="ifrs-full_ForwardContractMember1" xlink:title="label: ForwardContractMember to ifrs-full_ForwardContractMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FourYearsBeforeReportingYearMember" xlink:label="FourYearsBeforeReportingYearMember" xlink:title="FourYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FourYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FourYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_FourYearsBeforeReportingYearMember">2018/2019 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FourYearsBeforeReportingYearMember" xlink:to="ifrs-full_FourYearsBeforeReportingYearMember" xlink:title="label: FourYearsBeforeReportingYearMember to ifrs-full_FourYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:label="FunctionalOrPresentationCurrencyMember" xlink:title="FunctionalOrPresentationCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FunctionalOrPresentationCurrencyMember" xml:lang="en-US" id="ifrs-full_FunctionalOrPresentationCurrencyMember">Functional or presentation currency [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FunctionalOrPresentationCurrencyMember" xlink:to="ifrs-full_FunctionalOrPresentationCurrencyMember" xlink:title="label: FunctionalOrPresentationCurrencyMember to ifrs-full_FunctionalOrPresentationCurrencyMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_FuturesContractMember" xlink:label="FuturesContractMember" xlink:title="FuturesContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FuturesContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_FuturesContractMember" xml:lang="en-US" id="ifrs-full_FuturesContractMember">Futures [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuturesContractMember" xlink:to="ifrs-full_FuturesContractMember" xlink:title="label: FuturesContractMember to ifrs-full_FuturesContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FuturesContractMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_FuturesContractMember1" xml:lang="en-US" id="ifrs-full_FuturesContractMember1">Futures [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuturesContractMember" xlink:to="ifrs-full_FuturesContractMember1" xlink:title="label: FuturesContractMember to ifrs-full_FuturesContractMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_FuturesContractMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_FuturesContractMember_lbl2" xml:lang="en-US" id="ifrs-full_FuturesContractMember_lbl2">Futures contract [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuturesContractMember" xlink:to="ifrs-full_FuturesContractMember_lbl2" xlink:title="label: FuturesContractMember to ifrs-full_FuturesContractMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:label="GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:title="GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xml:lang="en-US" id="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff">Recoveries of written-off loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:to="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:title="label: GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff to ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_lbl1" xml:lang="en-US" id="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_lbl1">Gain on recovery of loans and advances previously written off</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff" xlink:to="ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_lbl1" xlink:title="label: GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff to ifrs-full_GainOnRecoveryOfLoansAndAdvancesPreviouslyWrittenOff_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:label="GainsLossesOnCashFlowHedgesBeforeTax" xlink:title="GainsLossesOnCashFlowHedgesBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xml:lang="en-US" id="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax">Consolidated statement of income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnCashFlowHedgesBeforeTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" xlink:title="label: GainsLossesOnCashFlowHedgesBeforeTax to ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_lbl1">Gains (losses) on cash flow hedges, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnCashFlowHedgesBeforeTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_lbl1" xlink:title="label: GainsLossesOnCashFlowHedgesBeforeTax to ifrs-full_GainsLossesOnCashFlowHedgesBeforeTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="GainsLossesOnCashFlowHedgesNetOfTax" xlink:title="GainsLossesOnCashFlowHedgesNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xml:lang="en-US" id="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">Gains (losses) on cash flow hedges, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:title="label: GainsLossesOnCashFlowHedgesNetOfTax to ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax1" xml:lang="en-US" id="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax1">Net gain on cash flow hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax1" xlink:title="label: GainsLossesOnCashFlowHedgesNetOfTax to ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax2" xml:lang="en-US" id="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax2">Change in net unrealized gain on cash flow hedges derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax2" xlink:title="label: GainsLossesOnCashFlowHedgesNetOfTax to ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="GainsLossesOnChangeInFairValueOfDerivatives" xlink:title="GainsLossesOnChangeInFairValueOfDerivatives" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xml:lang="en-US" id="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives">Net gain on derivatives held for trading</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:title="label: GainsLossesOnChangeInFairValueOfDerivatives to ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives1" xml:lang="en-US" id="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives1">Net gain of trading derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives1" xlink:title="label: GainsLossesOnChangeInFairValueOfDerivatives to ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl2" xml:lang="en-US" id="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl2">Gains (losses) on change in fair value of derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl2" xlink:title="label: GainsLossesOnChangeInFairValueOfDerivatives to ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:label="GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:title="GainsLossesOnDisposalsOfInvestmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract" xml:lang="en-US" id="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract">Net gain on securities [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:to="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:title="label: GainsLossesOnDisposalsOfInvestmentsAbstract to ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract_lbl1">Gains (losses) on disposals of investments [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfInvestmentsAbstract" xlink:to="ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract_lbl1" xlink:title="label: GainsLossesOnDisposalsOfInvestmentsAbstract to ifrs-full_GainsLossesOnDisposalsOfInvestmentsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:label="GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:title="GainsLossesOnDisposalsOfOtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets" xml:lang="en-US" id="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:to="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:title="label: GainsLossesOnDisposalsOfOtherNoncurrentAssets to ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets_lbl1">Gains (losses) on disposals of other non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnDisposalsOfOtherNoncurrentAssets" xlink:to="ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets_lbl1" xlink:title="label: GainsLossesOnDisposalsOfOtherNoncurrentAssets to ifrs-full_GainsLossesOnDisposalsOfOtherNoncurrentAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xml:lang="en-US" id="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">Exchange gains or losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="label: GainsLossesOnExchangeDifferencesOnTranslationNetOfTax to ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax1" xml:lang="en-US" id="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax1">Foreign exchange translation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax1" xlink:title="label: GainsLossesOnExchangeDifferencesOnTranslationNetOfTax to ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl2" xml:lang="en-US" id="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl2">Gains (losses) on exchange differences on translation of foreign operations, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl2" xlink:title="label: GainsLossesOnExchangeDifferencesOnTranslationNetOfTax to ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:label="GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:title="GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xml:lang="en-US" id="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss">Exchange difference result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:title="label: GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss to ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl1">Foreign exchange gain (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl1" xlink:title="label: GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss to ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:title="GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss">Net Gain on financial assets designated at fair value through profit and loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:title="label: GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss to ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl1">Gains (losses) 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="GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl1" xlink:title="label: GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss to ifrs-full_GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:label="GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:title="GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax">Net Gain (loss) on investments 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="GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:title="label: GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax to ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax1" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax1">Other comprehensive income, net realized and unrealized (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax1" xlink:title="label: GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax to ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_lbl2" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_lbl2">Gains (losses) on financial assets measured at fair value through other comprehensive income, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_lbl2" xlink:title="label: GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax to ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:label="GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:title="GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss">Net gain (loss) on investments 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="GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:title="label: GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss to ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss_lbl1">Gains (losses) on financial assets reclassified out of financial assets at fair value through profit or loss recognised in profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss_lbl1" xlink:title="label: GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss to ifrs-full_GainsLossesOnFinancialAssetsReclassifiedOutOfFinancialAssetsAtFairValueThroughProfitOrLossRecognisedInProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:label="GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:title="GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xml:lang="en-US" id="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax">Decrease (increase) in net unrealized gains on investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:to="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:title="label: GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax to ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl1">Gains (losses) on remeasuring available-for-sale financial assets, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:to="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl1" xlink:title="label: GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax to ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsOnDisposalsOfInvestments" xlink:label="GainsOnDisposalsOfInvestments" xlink:title="GainsOnDisposalsOfInvestments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsOnDisposalsOfInvestments" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfInvestments">Net gain on securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments" xlink:title="label: GainsOnDisposalsOfInvestments to ifrs-full_GainsOnDisposalsOfInvestments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments1" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_GainsOnDisposalsOfInvestments1" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfInvestments1">Net gain on securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments1" xlink:title="label: GainsOnDisposalsOfInvestments to ifrs-full_GainsOnDisposalsOfInvestments1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_GainsOnDisposalsOfInvestments2" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfInvestments2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments2" xlink:title="label: GainsOnDisposalsOfInvestments to ifrs-full_GainsOnDisposalsOfInvestments2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfInvestments_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsOnDisposalsOfInvestments_lbl3" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfInvestments_lbl3">Gains on disposals of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestments" xlink:to="ifrs-full_GainsOnDisposalsOfInvestments_lbl3" xlink:title="label: GainsOnDisposalsOfInvestments to ifrs-full_GainsOnDisposalsOfInvestments_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:label="GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:title="GainsOnDisposalsOfPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment">Net income from the sale of property, furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:title="label: GainsOnDisposalsOfPropertyPlantAndEquipment to ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl1">Gains on disposals of property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfPropertyPlantAndEquipment" xlink:to="ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl1" xlink:title="label: GainsOnDisposalsOfPropertyPlantAndEquipment to ifrs-full_GainsOnDisposalsOfPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="GeographicalAreasAxis" xlink:title="GeographicalAreasAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GeographicalAreasAxis" xml:lang="en-US" id="ifrs-full_GeographicalAreasAxis">Geographical areas [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis" xlink:title="label: GeographicalAreasAxis to ifrs-full_GeographicalAreasAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GeographicalAreasMember" xlink:label="GeographicalAreasMember" xlink:title="GeographicalAreasMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GeographicalAreasMember" xml:lang="en-US" id="ifrs-full_GeographicalAreasMember">Geographical areas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasMember" xlink:to="ifrs-full_GeographicalAreasMember" xlink:title="label: GeographicalAreasMember to ifrs-full_GeographicalAreasMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GeographicalAreasMember_lbl1" xml:lang="en-US" id="ifrs-full_GeographicalAreasMember_lbl1">Geographical areas [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeographicalAreasMember" xlink:to="ifrs-full_GeographicalAreasMember_lbl1" xlink:title="label: GeographicalAreasMember to ifrs-full_GeographicalAreasMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Goodwill" xlink:label="Goodwill" xlink:title="Goodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Goodwill" xml:lang="en-US" id="ifrs-full_Goodwill">Book value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="ifrs-full_Goodwill" xlink:title="label: Goodwill to ifrs-full_Goodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Goodwill1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_Goodwill1" xml:lang="en-US" id="ifrs-full_Goodwill1">Goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Goodwill" xlink:to="ifrs-full_Goodwill1" xlink:title="label: Goodwill to ifrs-full_Goodwill1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="GrossCarryingAmountMember" xlink:title="GrossCarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GrossCarryingAmountMember" xml:lang="en-US" id="ifrs-full_GrossCarryingAmountMember">Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember" xlink:title="label: GrossCarryingAmountMember to ifrs-full_GrossCarryingAmountMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossCarryingAmountMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GrossCarryingAmountMember1" xml:lang="en-US" id="ifrs-full_GrossCarryingAmountMember1">Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember1" xlink:title="label: GrossCarryingAmountMember to ifrs-full_GrossCarryingAmountMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GrossCarryingAmountMember_lbl2" xml:lang="en-US" id="ifrs-full_GrossCarryingAmountMember_lbl2">Gross carrying amount [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl2" xlink:title="label: GrossCarryingAmountMember to ifrs-full_GrossCarryingAmountMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US" id="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">Gross amounts recognized financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="label: GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xml:lang="en-US" id="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1">Gross financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:title="label: GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_GrossFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US" id="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">Gross amounts recognized financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="label: GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xml:lang="en-US" id="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1">Gross financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:title="label: GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_GrossFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgeFundInvestmentsMember" xlink:label="HedgeFundInvestmentsMember" xlink:title="HedgeFundInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgeFundInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_HedgeFundInvestmentsMember" xml:lang="en-US" id="ifrs-full_HedgeFundInvestmentsMember">Hedge Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundInvestmentsMember" xlink:to="ifrs-full_HedgeFundInvestmentsMember" xlink:title="label: HedgeFundInvestmentsMember to ifrs-full_HedgeFundInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgeFundInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_HedgeFundInvestmentsMember_lbl1" xml:lang="en-US" id="ifrs-full_HedgeFundInvestmentsMember_lbl1">Hedge fund investments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundInvestmentsMember" xlink:to="ifrs-full_HedgeFundInvestmentsMember_lbl1" xlink:title="label: HedgeFundInvestmentsMember to ifrs-full_HedgeFundInvestmentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:label="HedgesOfNetInvestmentInForeignOperationsMember" xlink:title="HedgesOfNetInvestmentInForeignOperationsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xml:lang="en-US" id="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember">Hedges of Net Investment in Foreign Operations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgesOfNetInvestmentInForeignOperationsMember" xlink:to="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:title="label: HedgesOfNetInvestmentInForeignOperationsMember to ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember1" xml:lang="en-US" id="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember1">Hedges of Net Investment in Foreign Operations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgesOfNetInvestmentInForeignOperationsMember" xlink:to="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember1" xlink:title="label: HedgesOfNetInvestmentInForeignOperationsMember to ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgingInstrumentAssets" xlink:label="HedgingInstrumentAssets" xlink:title="HedgingInstrumentAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgingInstrumentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_HedgingInstrumentAssets" xml:lang="en-US" id="ifrs-full_HedgingInstrumentAssets">Cash inflows (assets)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentAssets" xlink:to="ifrs-full_HedgingInstrumentAssets" xlink:title="label: HedgingInstrumentAssets to ifrs-full_HedgingInstrumentAssets" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_HedgingInstrumentLiabilities" xlink:label="HedgingInstrumentLiabilities" xlink:title="HedgingInstrumentLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_HedgingInstrumentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_HedgingInstrumentLiabilities" xml:lang="en-US" id="ifrs-full_HedgingInstrumentLiabilities">Cash outflows (liabilities)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgingInstrumentLiabilities" xlink:to="ifrs-full_HedgingInstrumentLiabilities" xlink:title="label: HedgingInstrumentLiabilities to ifrs-full_HedgingInstrumentLiabilities" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IFRS17Member" xlink:label="IFRS17Member" xlink:title="IFRS17Member" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IFRS17Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IFRS17Member" xml:lang="en-US" id="ifrs-full_IFRS17Member">IFRS 17 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS17Member" xlink:to="ifrs-full_IFRS17Member" xlink:title="label: IFRS17Member to ifrs-full_IFRS17Member" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IFRS17Member1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IFRS17Member1" xml:lang="en-US" id="ifrs-full_IFRS17Member1">IFRS 17 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IFRS17Member" xlink:to="ifrs-full_IFRS17Member1" xlink:title="label: IFRS17Member to ifrs-full_IFRS17Member1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ImpairmentLoss" xlink:label="ImpairmentLoss" xlink:title="ImpairmentLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ImpairmentLoss" xml:lang="en-US" id="ifrs-full_ImpairmentLoss">Impairment losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss" xlink:title="label: ImpairmentLoss to ifrs-full_ImpairmentLoss" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:label="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xml:lang="en-US" id="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill">Impairment loss on goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossGoodwill to ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill1" xml:lang="en-US" id="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill1">Gross impairment loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill1" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossGoodwill to ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill2" xml:lang="en-US" id="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill2">Impairment on goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill2" xlink:title="label: ImpairmentLossRecognisedInProfitOrLossGoodwill to ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:label="ImpairmentOfFinancialAssetsAxis" xlink:title="ImpairmentOfFinancialAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ImpairmentOfFinancialAssetsAxis" xml:lang="en-US" id="ifrs-full_ImpairmentOfFinancialAssetsAxis">Impairment of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairmentOfFinancialAssetsAxis" xlink:to="ifrs-full_ImpairmentOfFinancialAssetsAxis" xlink:title="label: ImpairmentOfFinancialAssetsAxis to ifrs-full_ImpairmentOfFinancialAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:label="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:title="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xml:lang="en-US" id="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses">Result of the reinsurance service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:to="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:title="label: IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses to ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses1" xml:lang="en-US" id="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses1">Underwriting result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:to="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses1" xlink:title="label: IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses to ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses2" xml:lang="en-US" id="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses2">Reinsurance result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses" xlink:to="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses2" xlink:title="label: IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses to ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpenses2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xlink:label="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xlink:title="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xml:lang="en-US" id="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract">Reinsurance result [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xlink:to="ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" xlink:title="label: IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract to ifrs-full_IncomeExpensesFromReinsuranceContractsHeldOtherThanFinanceIncomeExpensesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeFromAmountsRecoveredFromReinsurer" xlink:label="IncomeFromAmountsRecoveredFromReinsurer" xlink:title="IncomeFromAmountsRecoveredFromReinsurer" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer" xml:lang="en-US" id="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer">Reinsurance recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromAmountsRecoveredFromReinsurer" xlink:to="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer" xlink:title="label: IncomeFromAmountsRecoveredFromReinsurer to ifrs-full_IncomeFromAmountsRecoveredFromReinsurer" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer1" xml:lang="en-US" id="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer1">Income from reinsurance recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromAmountsRecoveredFromReinsurer" xlink:to="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer1" xlink:title="label: IncomeFromAmountsRecoveredFromReinsurer to ifrs-full_IncomeFromAmountsRecoveredFromReinsurer1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer_lbl2" xml:lang="en-US" id="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer_lbl2">Income from amounts recovered from reinsurer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromAmountsRecoveredFromReinsurer" xlink:to="ifrs-full_IncomeFromAmountsRecoveredFromReinsurer_lbl2" xlink:title="label: IncomeFromAmountsRecoveredFromReinsurer to ifrs-full_IncomeFromAmountsRecoveredFromReinsurer_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="IncomeStatementAbstract" xlink:title="IncomeStatementAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeStatementAbstract" xml:lang="en-US" id="ifrs-full_IncomeStatementAbstract">CONSOLIDATED STATEMENT OF INCOME [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract" xlink:title="label: IncomeStatementAbstract to ifrs-full_IncomeStatementAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="IncomeTaxExpenseContinuingOperations" xlink:title="IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="ifrs-full_IncomeTaxExpenseContinuingOperations" xml:lang="en-US" id="ifrs-full_IncomeTaxExpenseContinuingOperations">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:title="label: IncomeTaxExpenseContinuingOperations to ifrs-full_IncomeTaxExpenseContinuingOperations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="ifrs-full_IncomeTaxExpenseContinuingOperations1" xml:lang="en-US" id="ifrs-full_IncomeTaxExpenseContinuingOperations1">Income tax and effective income tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations1" xlink:title="label: IncomeTaxExpenseContinuingOperations to ifrs-full_IncomeTaxExpenseContinuingOperations1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncomeTaxExpenseContinuingOperations2" xml:lang="en-US" id="ifrs-full_IncomeTaxExpenseContinuingOperations2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations2" xlink:title="label: IncomeTaxExpenseContinuingOperations to ifrs-full_IncomeTaxExpenseContinuingOperations2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl3" xml:lang="en-US" id="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl3">Tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl3" xlink:title="label: IncomeTaxExpenseContinuingOperations to ifrs-full_IncomeTaxExpenseContinuingOperations_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:label="IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:title="IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:title="label: IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome1">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome1" xlink:title="label: IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl2" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl2">Income tax relating to cash flow hedges included in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl2" xlink:title="label: IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome1">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome1" xlink:title="label: IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:label="IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:title="IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:title="label: IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss to ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss1" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss1">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss1" xlink:title="label: IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss to ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_lbl2" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_lbl2">Income tax relating to insurance finance income (expenses) from insurance contracts issued included in other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_lbl2" xlink:title="label: IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss to ifrs-full_IncomeTaxRelatingToInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:label="IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:title="IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:title="label: IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome1">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome1" xlink:title="label: IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome_lbl2" xml:lang="en-US" id="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome_lbl2">Income tax relating to investments in equity instruments included in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome" xlink:to="ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome_lbl2" xlink:title="label: IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome to ifrs-full_IncomeTaxRelatingToInvestmentsInEquityInstrumentsOfOtherComprehensiveIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:label="IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:title="IncomeTaxesPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xml:lang="en-US" id="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities">Income tax paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:title="label: IncomeTaxesPaidClassifiedAsOperatingActivities to ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" id="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_lbl1">Income taxes paid, classified as operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxesPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_lbl1" xlink:title="label: IncomeTaxesPaidClassifiedAsOperatingActivities to ifrs-full_IncomeTaxesPaidClassifiedAsOperatingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:label="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember">Impact of initial application of IFRS 17 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="label: IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember to ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember1">Impact of Initial Application of IFRS 17 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember1" xlink:title="label: IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember to ifrs-full_IncreaseDecreaseDueToChangesInAccountingPolicyRequiredByIFRSsCumulativeEffectAtDateOfInitialApplicationMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:title="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges">Net increase (decrease) of cash and cash equivalents before effect of changes in exchange rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:title="label: IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges to ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1" xlink:title="label: IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges to ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseInInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset">Total changes in the income statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseInInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset1">Impact on provisions for contracts recognized in the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseInInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseInInsuranceContractsLiabilityAsset1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:label="IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:title="IncreaseDecreaseInNumberOfOrdinarySharesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued">Less - opening balance of treasury stock (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:title="label: IncreaseDecreaseInNumberOfOrdinarySharesIssued to ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl1">Increase (decrease) in number of ordinary shares issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInNumberOfOrdinarySharesIssued" xlink:to="ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl1" xlink:title="label: IncreaseDecreaseInNumberOfOrdinarySharesIssued to ifrs-full_IncreaseDecreaseInNumberOfOrdinarySharesIssued_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:label="IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:title="IncreaseDecreaseThroughAcquisitionOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary">Subsidiary acquisition</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:to="ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" xlink:title="label: IncreaseDecreaseThroughAcquisitionOfSubsidiary to ifrs-full_IncreaseDecreaseThroughAcquisitionOfSubsidiary" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset">Other changes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through additional items necessary to understand change, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughAdditionalItemsNecessaryToUnderstandChangeInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset">Amortization of insurance acquisition cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughAmortisationOfInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:label="IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:title="IncreaseDecreaseThroughAppropriationOfRetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings">Transfer of retained earnings to reserves, Note 16(c)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:title="label: IncreaseDecreaseThroughAppropriationOfRetainedEarnings to ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl1">Increase (decrease) through appropriation of retained earnings, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughAppropriationOfRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl1" xlink:title="label: IncreaseDecreaseThroughAppropriationOfRetainedEarnings to ifrs-full_IncreaseDecreaseThroughAppropriationOfRetainedEarnings_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset">Net cash flow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through cash flows, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:label="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:title="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract">Cash flow [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:to="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:title="label: IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract to ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract_lbl1">Increase (decrease) through cash flows, insurance contracts liability (asset) [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract" xlink:to="ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract_lbl1" xlink:title="label: IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract to ifrs-full_IncreaseDecreaseThroughCashFlowsInsuranceContractsLiabilityAssetAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset">Changes in estimates that adjust the CSM</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset">Changes in estimates that result in losses and recoveries for contract losses onerous</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesInEstimatesThatDoNotAdjustContractualServiceMarginInsuranceContractsLiabilityAsset" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset">Changes related to the current service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset1">Changes Related to Current Services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset_lbl2" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset_lbl2">Increase (decrease) through changes that relate to current service, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset_lbl2" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToCurrentServiceInsuranceContractsLiabilityAsset_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset">Future Service Changes - Changes in the FCF that do not adjust the CSM for the underlying group of contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset1">Changes related to future service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset2" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset2">Changes Related to Future Services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset2" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToFutureServiceInsuranceContractsLiabilityAsset2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset">Changes related to past services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset1">Adjustments relating to the past to liabilities for incurred claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset_lbl2" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset_lbl2">Increase (decrease) through changes that relate to past service, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset_lbl2" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughChangesThatRelateToPastServiceInsuranceContractsLiabilityAsset_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:label="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:title="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities">Exchange difference</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities to ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl1">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl1" xlink:title="label: IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities to ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset">Initial recognition contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through effects of contracts initially recognised in period, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughEffectsOfContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset">Losses and recoveries for losses in onerous contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through effects of groups of onerous contracts initially recognised in period, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughEffectsOfGroupsOfOnerousContractsInitiallyRecognisedInPeriodInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset">Experience Adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through experience adjustments, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughExperienceAdjustmentsInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset">Adjustments to liabilities for incurred claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset1">Claims incurred and other insurance service expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset">Benefits and expenses paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1">Claims and other service expenses paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsPaidAndOtherInsuranceServiceExpensesPaidForInsuranceContractsIssuedExcludingInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset">Reinsurance recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through incurred claims recovered and other insurance service expenses recovered under reinsurance contracts held, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughIncurredClaimsRecoveredAndOtherInsuranceServiceExpensesRecoveredUnderReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset">Acquisition fees paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1">Insurance acquisition cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceAcquisitionCashFlowsInsuranceContractsLiabilityAsset1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset">Net financial expenses for reinsurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset1">Net financial expenses for reinsurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset_lbl2" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset_lbl2">Increase (decrease) through insurance finance income or expenses, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset_lbl2" xlink:title="label: IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceFinanceIncomeOrExpensesInsuranceContractsLiabilityAsset_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset">Insurance income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through insurance revenue, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceRevenueInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset">Result of the insurance service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through insurance service result, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInsuranceServiceResultInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset">Investment components</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through investment components excluded from insurance revenue and insurance service expenses, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughInvestmentComponentsExcludedFromInsuranceRevenueAndInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:label="IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:title="IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities to ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl1">Increase (decrease) through other changes, liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl1" xlink:title="label: IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities to ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset">Premiums paid net of commissions ceded and other directly attributable expenses paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through premiums paid for reinsurance contracts held, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughPremiumsPaidForReinsuranceContractsHeldInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset">Premiums collected</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset1">Premiums received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset1" xlink:title="label: IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughPremiumsReceivedForInsuranceContractsIssuedInsuranceContractsLiabilityAsset1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset">CSM recognized for services provided</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through recognition of contractual service margin in profit or loss to reflect transfer of services, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset to ifrs-full_IncreaseDecreaseThroughRecognitionOfContractualServiceMarginInProfitOrLossToReflectTransferOfServicesInsuranceContractsLiabilityAsset_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:label="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:title="IncreaseDecreaseThroughSharebasedPaymentTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions">Share-based payment transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:title="label: IncreaseDecreaseThroughSharebasedPaymentTransactions to ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" xlink:title="label: IncreaseDecreaseThroughSharebasedPaymentTransactions to ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:label="IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:title="IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings">Result from exchange of strategic shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:title="label: IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings to ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1">Increase (decrease) through transfer between revaluation surplus and retained earnings, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings" xlink:to="ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" xlink:title="label: IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings to ifrs-full_IncreaseDecreaseThroughTransferBetweenRevaluationReserveAndRetainedEarnings_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:label="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:title="IncreaseDecreaseThroughTransferToStatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve">Transfer from retained earnings to reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:to="ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" xlink:title="label: IncreaseDecreaseThroughTransferToStatutoryReserve to ifrs-full_IncreaseDecreaseThroughTransferToStatutoryReserve" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:label="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:title="label: IncreaseDecreaseThroughTransfersAndOtherChangesEquity to ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl1">Increase (decrease) through other changes, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl1" xlink:title="label: IncreaseDecreaseThroughTransfersAndOtherChangesEquity to ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:title="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill">Transfers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:title="label: IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill to ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl1">Increase (decrease) through transfers, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl1" xlink:title="label: IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill to ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">Transfers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:title="label: IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl1">Increase (decrease) through transfers, property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl1" xlink:title="label: IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment to ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:label="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:title="IncreaseDecreaseThroughTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions">Purchase of treasury stock, Note 16(b)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" xlink:title="label: IncreaseDecreaseThroughTreasuryShareTransactions to ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl1" xml:lang="en-US" id="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl1">Increase (decrease) through treasury share transactions, equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughTreasuryShareTransactions" xlink:to="ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl1" xlink:title="label: IncreaseDecreaseThroughTreasuryShareTransactions to ifrs-full_IncreaseDecreaseThroughTreasuryShareTransactions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:title="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xml:lang="en-US" id="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">Cash-generating units [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:title="label: IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis to ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InitiallyAppliedIFRSsAxis" xlink:label="InitiallyAppliedIFRSsAxis" xlink:title="InitiallyAppliedIFRSsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InitiallyAppliedIFRSsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InitiallyAppliedIFRSsAxis" xml:lang="en-US" id="ifrs-full_InitiallyAppliedIFRSsAxis">Initially applied IFRSs [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitiallyAppliedIFRSsAxis" xlink:to="ifrs-full_InitiallyAppliedIFRSsAxis" xlink:title="label: InitiallyAppliedIFRSsAxis to ifrs-full_InitiallyAppliedIFRSsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InitiallyAppliedIFRSsMember" xlink:label="InitiallyAppliedIFRSsMember" xlink:title="InitiallyAppliedIFRSsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InitiallyAppliedIFRSsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InitiallyAppliedIFRSsMember" xml:lang="en-US" id="ifrs-full_InitiallyAppliedIFRSsMember">Initially applied IFRSs [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InitiallyAppliedIFRSsMember" xlink:to="ifrs-full_InitiallyAppliedIFRSsMember" xlink:title="label: InitiallyAppliedIFRSsMember to ifrs-full_InitiallyAppliedIFRSsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsByComponentsAxis" xlink:label="InsuranceContractsByComponentsAxis" xlink:title="InsuranceContractsByComponentsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsByComponentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsByComponentsAxis" xml:lang="en-US" id="ifrs-full_InsuranceContractsByComponentsAxis">Insurance contracts by components [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsByComponentsAxis" xlink:to="ifrs-full_InsuranceContractsByComponentsAxis" xlink:title="label: InsuranceContractsByComponentsAxis to ifrs-full_InsuranceContractsByComponentsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsByComponentsMember" xlink:label="InsuranceContractsByComponentsMember" xlink:title="InsuranceContractsByComponentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsByComponentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsByComponentsMember" xml:lang="en-US" id="ifrs-full_InsuranceContractsByComponentsMember">Insurance contracts by components [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsByComponentsMember" xlink:to="ifrs-full_InsuranceContractsByComponentsMember" xlink:title="label: InsuranceContractsByComponentsMember to ifrs-full_InsuranceContractsByComponentsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xlink:label="InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xlink:title="InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xml:lang="en-US" id="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis">Insurance contracts by remaining coverage and incurred claims [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xlink:to="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" xlink:title="label: InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis to ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xlink:label="InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xlink:title="InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xml:lang="en-US" id="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember">Insurance contracts by remaining coverage and incurred claims [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xlink:to="ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" xlink:title="label: InsuranceContractsByRemainingCoverageAndIncurredClaimsMember to ifrs-full_InsuranceContractsByRemainingCoverageAndIncurredClaimsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsIssuedMember" xlink:label="InsuranceContractsIssuedMember" xlink:title="InsuranceContractsIssuedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsIssuedMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InsuranceContractsIssuedMember" xml:lang="en-US" id="ifrs-full_InsuranceContractsIssuedMember">Gross Written Premiums [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsIssuedMember" xlink:to="ifrs-full_InsuranceContractsIssuedMember" xlink:title="label: InsuranceContractsIssuedMember to ifrs-full_InsuranceContractsIssuedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsIssuedMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsIssuedMember1" xml:lang="en-US" id="ifrs-full_InsuranceContractsIssuedMember1">Gross Claims [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsIssuedMember" xlink:to="ifrs-full_InsuranceContractsIssuedMember1" xlink:title="label: InsuranceContractsIssuedMember to ifrs-full_InsuranceContractsIssuedMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsIssuedMember2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceContractsIssuedMember2" xml:lang="en-US" id="ifrs-full_InsuranceContractsIssuedMember2">Insurance Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsIssuedMember" xlink:to="ifrs-full_InsuranceContractsIssuedMember2" xlink:title="label: InsuranceContractsIssuedMember to ifrs-full_InsuranceContractsIssuedMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsIssuedThatAreLiabilities" xlink:label="InsuranceContractsIssuedThatAreLiabilities" xlink:title="InsuranceContractsIssuedThatAreLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsIssuedThatAreLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InsuranceContractsIssuedThatAreLiabilities" xml:lang="en-US" id="ifrs-full_InsuranceContractsIssuedThatAreLiabilities">Insurance contract liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsIssuedThatAreLiabilities" xlink:to="ifrs-full_InsuranceContractsIssuedThatAreLiabilities" xlink:title="label: InsuranceContractsIssuedThatAreLiabilities to ifrs-full_InsuranceContractsIssuedThatAreLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsIssuedThatAreLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsIssuedThatAreLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceContractsIssuedThatAreLiabilities_lbl1">Insurance contracts issued that are liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsIssuedThatAreLiabilities" xlink:to="ifrs-full_InsuranceContractsIssuedThatAreLiabilities_lbl1" xlink:title="label: InsuranceContractsIssuedThatAreLiabilities to ifrs-full_InsuranceContractsIssuedThatAreLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsLiabilityAsset" xlink:label="InsuranceContractsLiabilityAsset" xlink:title="InsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_InsuranceContractsLiabilityAsset" xml:lang="en-US" id="ifrs-full_InsuranceContractsLiabilityAsset">Balances at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsLiabilityAsset" xlink:to="ifrs-full_InsuranceContractsLiabilityAsset" xlink:title="label: InsuranceContractsLiabilityAsset to ifrs-full_InsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsLiabilityAsset1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_InsuranceContractsLiabilityAsset1" xml:lang="en-US" id="ifrs-full_InsuranceContractsLiabilityAsset1">Balances at the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsLiabilityAsset" xlink:to="ifrs-full_InsuranceContractsLiabilityAsset1" xlink:title="label: InsuranceContractsLiabilityAsset to ifrs-full_InsuranceContractsLiabilityAsset1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsLiabilityAsset_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsLiabilityAsset_lbl2" xml:lang="en-US" id="ifrs-full_InsuranceContractsLiabilityAsset_lbl2">Insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsLiabilityAsset" xlink:to="ifrs-full_InsuranceContractsLiabilityAsset_lbl2" xlink:title="label: InsuranceContractsLiabilityAsset to ifrs-full_InsuranceContractsLiabilityAsset_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsThatAreAssets" xlink:label="InsuranceContractsThatAreAssets" xlink:title="InsuranceContractsThatAreAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_InsuranceContractsThatAreAssets" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreAssets">Balances at the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreAssets" xlink:to="ifrs-full_InsuranceContractsThatAreAssets" xlink:title="label: InsuranceContractsThatAreAssets to ifrs-full_InsuranceContractsThatAreAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreAssets1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_InsuranceContractsThatAreAssets1" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreAssets1">Balances at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreAssets" xlink:to="ifrs-full_InsuranceContractsThatAreAssets1" xlink:title="label: InsuranceContractsThatAreAssets to ifrs-full_InsuranceContractsThatAreAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsThatAreAssets_lbl2" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreAssets_lbl2">Insurance contracts that are assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreAssets" xlink:to="ifrs-full_InsuranceContractsThatAreAssets_lbl2" xlink:title="label: InsuranceContractsThatAreAssets to ifrs-full_InsuranceContractsThatAreAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceContractsThatAreLiabilities" xlink:label="InsuranceContractsThatAreLiabilities" xlink:title="InsuranceContractsThatAreLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_InsuranceContractsThatAreLiabilities" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreLiabilities">Balances at the end of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreLiabilities" xlink:to="ifrs-full_InsuranceContractsThatAreLiabilities" xlink:title="label: InsuranceContractsThatAreLiabilities to ifrs-full_InsuranceContractsThatAreLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreLiabilities1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_InsuranceContractsThatAreLiabilities1" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreLiabilities1">Balances at the beginning of the period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreLiabilities" xlink:to="ifrs-full_InsuranceContractsThatAreLiabilities1" xlink:title="label: InsuranceContractsThatAreLiabilities to ifrs-full_InsuranceContractsThatAreLiabilities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceContractsThatAreLiabilities2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceContractsThatAreLiabilities2" xml:lang="en-US" id="ifrs-full_InsuranceContractsThatAreLiabilities2">Insurance contract liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsThatAreLiabilities" xlink:to="ifrs-full_InsuranceContractsThatAreLiabilities2" xlink:title="label: InsuranceContractsThatAreLiabilities to ifrs-full_InsuranceContractsThatAreLiabilities2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceExpense" xlink:label="InsuranceExpense" xlink:title="InsuranceExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceExpense" xml:lang="en-US" id="ifrs-full_InsuranceExpense">Insurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceExpense" xlink:to="ifrs-full_InsuranceExpense" xlink:title="label: InsuranceExpense to ifrs-full_InsuranceExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceExpense_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceExpense_lbl1">Insurance expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceExpense" xlink:to="ifrs-full_InsuranceExpense_lbl1" xlink:title="label: InsuranceExpense to ifrs-full_InsuranceExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceFinanceIncomeExpenses" xlink:label="InsuranceFinanceIncomeExpenses" xlink:title="InsuranceFinanceIncomeExpenses" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_InsuranceFinanceIncomeExpenses" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpenses">Income from the Insurance Service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpenses" xlink:to="ifrs-full_InsuranceFinanceIncomeExpenses" xlink:title="label: InsuranceFinanceIncomeExpenses to ifrs-full_InsuranceFinanceIncomeExpenses" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpenses1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceFinanceIncomeExpenses1" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpenses1">Income from the Insurance Service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpenses" xlink:to="ifrs-full_InsuranceFinanceIncomeExpenses1" xlink:title="label: InsuranceFinanceIncomeExpenses to ifrs-full_InsuranceFinanceIncomeExpenses1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax">Insurances reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="label: InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1">Insurance finance income (expenses) from insurance contracts issued excluded from profit or loss that will be reclassified to profit or loss, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:title="label: InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:label="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:title="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss">Net financial expenses for insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:to="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:title="label: InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss to ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_lbl1">Insurance finance income (expenses) from insurance contracts issued recognised in profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss" xlink:to="ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_lbl1" xlink:title="label: InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss to ifrs-full_InsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedRecognisedInProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenue" xlink:label="InsuranceRevenue" xlink:title="InsuranceRevenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenue" xml:lang="en-US" id="ifrs-full_InsuranceRevenue">Gross written premiums</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenue" xlink:to="ifrs-full_InsuranceRevenue" xlink:title="label: InsuranceRevenue to ifrs-full_InsuranceRevenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenue_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceRevenue_lbl1">Insurance revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenue" xlink:to="ifrs-full_InsuranceRevenue_lbl1" xlink:title="label: InsuranceRevenue to ifrs-full_InsuranceRevenue_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:label="InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:title="InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xml:lang="en-US" id="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows">Cash recovery for the purchase of insurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:to="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:title="label: InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows to ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows_lbl1">Insurance revenue, allocation of portion of premiums that relate to recovery of insurance acquisition cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows" xlink:to="ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows_lbl1" xlink:title="label: InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows to ifrs-full_InsuranceRevenueAllocationOfPortionOfPremiumsThatRelateToRecoveryOfInsuranceAcquisitionCashFlows_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:label="InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:title="InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xml:lang="en-US" id="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract">Components of the Movement [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:to="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:title="label: InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract to ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract1" xml:lang="en-US" id="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract1">Insurance revenue, amounts relating to changes in liability for remaining coverage [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract" xlink:to="ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract1" xlink:title="label: InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract to ifrs-full_InsuranceRevenueAmountsRelatingToChangesInLiabilityForRemainingCoverageAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:label="InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:title="InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xml:lang="en-US" id="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk">Changes in the risk adjustment recognized for the expired risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:to="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:title="label: InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk to ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk1" xml:lang="en-US" id="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk1">Change in risk adjustment for non-financial risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk" xlink:to="ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk1" xlink:title="label: InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk to ifrs-full_InsuranceRevenueChangeInRiskAdjustmentForNonfinancialRisk1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:label="InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:title="InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xml:lang="en-US" id="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices">CSM recognized for services provided</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:to="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:title="label: InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices to ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices_lbl1">Insurance revenue, contractual service margin recognised in profit or loss because of transfer of insurance contract services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices" xlink:to="ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices_lbl1" xlink:title="label: InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices to ifrs-full_InsuranceRevenueContractualServiceMarginRecognisedInProfitOrLossBecauseOfTransferOfServices_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:label="InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:title="InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xml:lang="en-US" id="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod">Expenses for insurance services and expected</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:to="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:title="label: InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod to ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod_lbl1" xml:lang="en-US" id="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod_lbl1">Insurance revenue, insurance service expenses incurred during period measured at amounts expected at beginning of period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod" xlink:to="ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod_lbl1" xlink:title="label: InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod to ifrs-full_InsuranceRevenueInsuranceServiceExpensesIncurredDuringPeriodMeasuredAtAmountsExpectedAtBeginningOfPeriod_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:label="InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:title="InsuranceServiceExpensesFromInsuranceContractsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xml:lang="en-US" id="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued">Insurance service expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:to="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:title="label: InsuranceServiceExpensesFromInsuranceContractsIssued to ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued1" xml:lang="en-US" id="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued1">Insurance Service Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:to="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued1" xlink:title="label: InsuranceServiceExpensesFromInsuranceContractsIssued to ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued_lbl2" xml:lang="en-US" id="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued_lbl2">Insurance service expenses from insurance contracts issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceExpensesFromInsuranceContractsIssued" xlink:to="ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued_lbl2" xlink:title="label: InsuranceServiceExpensesFromInsuranceContractsIssued to ifrs-full_InsuranceServiceExpensesFromInsuranceContractsIssued_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceServiceResult" xlink:label="InsuranceServiceResult" xlink:title="InsuranceServiceResult" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceResult" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceServiceResult" xml:lang="en-US" id="ifrs-full_InsuranceServiceResult">Insurance service result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceResult" xlink:to="ifrs-full_InsuranceServiceResult" xlink:title="label: InsuranceServiceResult to ifrs-full_InsuranceServiceResult" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceResult1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_InsuranceServiceResult1" xml:lang="en-US" id="ifrs-full_InsuranceServiceResult1">Insurance Service Result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceResult" xlink:to="ifrs-full_InsuranceServiceResult1" xlink:title="label: InsuranceServiceResult to ifrs-full_InsuranceServiceResult1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceResult_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceServiceResult_lbl2" xml:lang="en-US" id="ifrs-full_InsuranceServiceResult_lbl2">Insurance service result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceResult" xlink:to="ifrs-full_InsuranceServiceResult_lbl2" xlink:title="label: InsuranceServiceResult to ifrs-full_InsuranceServiceResult_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InsuranceServiceResultAbstract" xlink:label="InsuranceServiceResultAbstract" xlink:title="InsuranceServiceResultAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceResultAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InsuranceServiceResultAbstract" xml:lang="en-US" id="ifrs-full_InsuranceServiceResultAbstract">INSURANCE AND REINSURANCE CONTRACTS ASSETS AND LIABILITIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceResultAbstract" xlink:to="ifrs-full_InsuranceServiceResultAbstract" xlink:title="label: InsuranceServiceResultAbstract to ifrs-full_InsuranceServiceResultAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InsuranceServiceResultAbstract1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InsuranceServiceResultAbstract1" xml:lang="en-US" id="ifrs-full_InsuranceServiceResultAbstract1">Insurance service result [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceServiceResultAbstract" xlink:to="ifrs-full_InsuranceServiceResultAbstract1" xlink:title="label: InsuranceServiceResultAbstract to ifrs-full_InsuranceServiceResultAbstract1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="IntangibleAssetsAndGoodwill" xlink:title="IntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IntangibleAssetsAndGoodwill" xml:lang="en-US" id="ifrs-full_IntangibleAssetsAndGoodwill">Intangible assets and goodwill, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill" xlink:title="label: IntangibleAssetsAndGoodwill to ifrs-full_IntangibleAssetsAndGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IntangibleAssetsAndGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_IntangibleAssetsAndGoodwill_lbl1">Intangible assets and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl1" xlink:title="label: IntangibleAssetsAndGoodwill to ifrs-full_IntangibleAssetsAndGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:label="IntangibleAssetsOtherThanGoodwill" xlink:title="IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_IntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_IntangibleAssetsOtherThanGoodwill">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill" xlink:title="label: IntangibleAssetsOtherThanGoodwill to ifrs-full_IntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_IntangibleAssetsOtherThanGoodwill1" xml:lang="en-US" id="ifrs-full_IntangibleAssetsOtherThanGoodwill1">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill1" xlink:title="label: IntangibleAssetsOtherThanGoodwill to ifrs-full_IntangibleAssetsOtherThanGoodwill1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2" xml:lang="en-US" id="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2">Intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2" xlink:title="label: IntangibleAssetsOtherThanGoodwill to ifrs-full_IntangibleAssetsOtherThanGoodwill_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="IntangibleAssetsOtherThanGoodwillMember" xlink:title="IntangibleAssetsOtherThanGoodwillMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xml:lang="en-US" id="ifrs-full_IntangibleAssetsOtherThanGoodwillMember">Intangible assets other than goodwill [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:title="label: IntangibleAssetsOtherThanGoodwillMember to ifrs-full_IntangibleAssetsOtherThanGoodwillMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsOtherThanGoodwillMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IntangibleAssetsOtherThanGoodwillMember1" xml:lang="en-US" id="ifrs-full_IntangibleAssetsOtherThanGoodwillMember1">Intangible Assets Other Than Goodwill [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsOtherThanGoodwillMember" xlink:to="ifrs-full_IntangibleAssetsOtherThanGoodwillMember1" xlink:title="label: IntangibleAssetsOtherThanGoodwillMember to ifrs-full_IntangibleAssetsOtherThanGoodwillMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:label="IntangibleAssetsUnderDevelopmentMember" xlink:title="IntangibleAssetsUnderDevelopmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IntangibleAssetsUnderDevelopmentMember" xml:lang="en-US" id="ifrs-full_IntangibleAssetsUnderDevelopmentMember">Intangible in progress [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsUnderDevelopmentMember" xlink:to="ifrs-full_IntangibleAssetsUnderDevelopmentMember" xlink:title="label: IntangibleAssetsUnderDevelopmentMember to ifrs-full_IntangibleAssetsUnderDevelopmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IntangibleAssetsUnderDevelopmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IntangibleAssetsUnderDevelopmentMember_lbl1" xml:lang="en-US" id="ifrs-full_IntangibleAssetsUnderDevelopmentMember_lbl1">Intangible assets under development [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleAssetsUnderDevelopmentMember" xlink:to="ifrs-full_IntangibleAssetsUnderDevelopmentMember_lbl1" xlink:title="label: IntangibleAssetsUnderDevelopmentMember to ifrs-full_IntangibleAssetsUnderDevelopmentMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpense" xlink:label="InterestExpense" xlink:title="InterestExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpense" xml:lang="en-US" id="ifrs-full_InterestExpense">Interest and similar expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="ifrs-full_InterestExpense" xlink:title="label: InterestExpense to ifrs-full_InterestExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpense1" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="ifrs-full_InterestExpense1" xml:lang="en-US" id="ifrs-full_InterestExpense1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="ifrs-full_InterestExpense1" xlink:title="label: InterestExpense to ifrs-full_InterestExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpense_lbl2" xml:lang="en-US" id="ifrs-full_InterestExpense_lbl2">Interest expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpense" xlink:to="ifrs-full_InterestExpense_lbl2" xlink:title="label: InterestExpense to ifrs-full_InterestExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:label="InterestExpenseOnDebtInstrumentsIssued" xlink:title="InterestExpenseOnDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDebtInstrumentsIssued">Interest on bonds and notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDebtInstrumentsIssued" xlink:to="ifrs-full_InterestExpenseOnDebtInstrumentsIssued" xlink:title="label: InterestExpenseOnDebtInstrumentsIssued to ifrs-full_InterestExpenseOnDebtInstrumentsIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl1" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl1">Interest expense on debt instruments issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDebtInstrumentsIssued" xlink:to="ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl1" xlink:title="label: InterestExpenseOnDebtInstrumentsIssued to ifrs-full_InterestExpenseOnDebtInstrumentsIssued_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnDepositsFromBanks" xlink:label="InterestExpenseOnDepositsFromBanks" xlink:title="InterestExpenseOnDepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDepositsFromBanks" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpenseOnDepositsFromBanks" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDepositsFromBanks">Interest on due to banks and correspondents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDepositsFromBanks" xlink:to="ifrs-full_InterestExpenseOnDepositsFromBanks" xlink:title="label: InterestExpenseOnDepositsFromBanks to ifrs-full_InterestExpenseOnDepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDepositsFromBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpenseOnDepositsFromBanks_lbl1" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDepositsFromBanks_lbl1">Interest expense on deposits from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDepositsFromBanks" xlink:to="ifrs-full_InterestExpenseOnDepositsFromBanks_lbl1" xlink:title="label: InterestExpenseOnDepositsFromBanks to ifrs-full_InterestExpenseOnDepositsFromBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnDepositsFromCustomers" xlink:label="InterestExpenseOnDepositsFromCustomers" xlink:title="InterestExpenseOnDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDepositsFromCustomers" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpenseOnDepositsFromCustomers" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDepositsFromCustomers">Interest on deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDepositsFromCustomers" xlink:to="ifrs-full_InterestExpenseOnDepositsFromCustomers" xlink:title="label: InterestExpenseOnDepositsFromCustomers to ifrs-full_InterestExpenseOnDepositsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnDepositsFromCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpenseOnDepositsFromCustomers_lbl1" xml:lang="en-US" id="ifrs-full_InterestExpenseOnDepositsFromCustomers_lbl1">Interest expense on deposits from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnDepositsFromCustomers" xlink:to="ifrs-full_InterestExpenseOnDepositsFromCustomers_lbl1" xlink:title="label: InterestExpenseOnDepositsFromCustomers to ifrs-full_InterestExpenseOnDepositsFromCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="InterestExpenseOnLeaseLiabilities" xlink:title="InterestExpenseOnLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpenseOnLeaseLiabilities" xml:lang="en-US" id="ifrs-full_InterestExpenseOnLeaseLiabilities">Interest on lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:title="label: InterestExpenseOnLeaseLiabilities to ifrs-full_InterestExpenseOnLeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1">Interest expense on lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1" xlink:title="label: InterestExpenseOnLeaseLiabilities to ifrs-full_InterestExpenseOnLeaseLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:label="InterestExpenseOnOtherFinancialLiabilities" xlink:title="InterestExpenseOnOtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xml:lang="en-US" id="ifrs-full_InterestExpenseOnOtherFinancialLiabilities">Other interest and similar expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnOtherFinancialLiabilities" xlink:to="ifrs-full_InterestExpenseOnOtherFinancialLiabilities" xlink:title="label: InterestExpenseOnOtherFinancialLiabilities to ifrs-full_InterestExpenseOnOtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl1">Interest expense on other financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseOnOtherFinancialLiabilities" xlink:to="ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl1" xlink:title="label: InterestExpenseOnOtherFinancialLiabilities to ifrs-full_InterestExpenseOnOtherFinancialLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:label="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:title="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss">Interest on investments 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="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:title="label: InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss to ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl1">Interest income on financial assets designated 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="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl1" xlink:title="label: InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss to ifrs-full_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks" xlink:label="InterestIncomeOnLoansAndAdvancesToBanks" xlink:title="InterestIncomeOnLoansAndAdvancesToBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks">Interest on due from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToBanks" xlink:to="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks" xlink:title="label: InterestIncomeOnLoansAndAdvancesToBanks to ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks_lbl1" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks_lbl1">Interest income on loans and advances to banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToBanks" xlink:to="ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks_lbl1" xlink:title="label: InterestIncomeOnLoansAndAdvancesToBanks to ifrs-full_InterestIncomeOnLoansAndAdvancesToBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:label="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:title="InterestIncomeOnLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers">Net interest, similar income and expenses, after provision for credit losses on loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:to="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" xlink:title="label: InterestIncomeOnLoansAndAdvancesToCustomers to ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers_lbl1" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers_lbl1">Interest income on loans and advances to customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndAdvancesToCustomers" xlink:to="ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers_lbl1" xlink:title="label: InterestIncomeOnLoansAndAdvancesToCustomers to ifrs-full_InterestIncomeOnLoansAndAdvancesToCustomers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:label="InterestIncomeOnLoansAndReceivables" xlink:title="InterestIncomeOnLoansAndReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestIncomeOnLoansAndReceivables" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndReceivables">Interest on loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndReceivables" xlink:to="ifrs-full_InterestIncomeOnLoansAndReceivables" xlink:title="label: InterestIncomeOnLoansAndReceivables to ifrs-full_InterestIncomeOnLoansAndReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl1" xml:lang="en-US" id="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl1">Interest income on loans and receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnLoansAndReceivables" xlink:to="ifrs-full_InterestIncomeOnLoansAndReceivables_lbl1" xlink:title="label: InterestIncomeOnLoansAndReceivables to ifrs-full_InterestIncomeOnLoansAndReceivables_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:label="InterestIncomeOnOtherFinancialAssets" xlink:title="InterestIncomeOnOtherFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestIncomeOnOtherFinancialAssets" xml:lang="en-US" id="ifrs-full_InterestIncomeOnOtherFinancialAssets">Other interest and similar income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnOtherFinancialAssets" xlink:to="ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:title="label: InterestIncomeOnOtherFinancialAssets to ifrs-full_InterestIncomeOnOtherFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestIncomeOnOtherFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestIncomeOnOtherFinancialAssets_lbl1" xml:lang="en-US" id="ifrs-full_InterestIncomeOnOtherFinancialAssets_lbl1">Interest income on other financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnOtherFinancialAssets" xlink:to="ifrs-full_InterestIncomeOnOtherFinancialAssets_lbl1" xlink:title="label: InterestIncomeOnOtherFinancialAssets to ifrs-full_InterestIncomeOnOtherFinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="InterestPaidClassifiedAsOperatingActivities" xlink:title="InterestPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xml:lang="en-US" id="ifrs-full_InterestPaidClassifiedAsOperatingActivities">Interest paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:title="label: InterestPaidClassifiedAsOperatingActivities to ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" id="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1">Interest paid, classified as operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" xlink:title="label: InterestPaidClassifiedAsOperatingActivities to ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestPayable" xlink:label="InterestPayable" xlink:title="InterestPayable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestPayable" xml:lang="en-US" id="ifrs-full_InterestPayable">Interest payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayable" xlink:to="ifrs-full_InterestPayable" xlink:title="label: InterestPayable to ifrs-full_InterestPayable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateRiskMember" xlink:label="InterestRateRiskMember" xlink:title="InterestRateRiskMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InterestRateRiskMember" xml:lang="en-US" id="ifrs-full_InterestRateRiskMember">Interest Rate Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember" xlink:title="label: InterestRateRiskMember to ifrs-full_InterestRateRiskMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateRiskMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestRateRiskMember_lbl1" xml:lang="en-US" id="ifrs-full_InterestRateRiskMember_lbl1">Interest rate risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl1" xlink:title="label: InterestRateRiskMember to ifrs-full_InterestRateRiskMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateSwapContractMember" xlink:label="InterestRateSwapContractMember" xlink:title="InterestRateSwapContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InterestRateSwapContractMember" xml:lang="en-US" id="ifrs-full_InterestRateSwapContractMember">Interest Rate Swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractMember" xlink:to="ifrs-full_InterestRateSwapContractMember" xlink:title="label: InterestRateSwapContractMember to ifrs-full_InterestRateSwapContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateSwapContractMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestRateSwapContractMember1" xml:lang="en-US" id="ifrs-full_InterestRateSwapContractMember1">Interest Rate Swap [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractMember" xlink:to="ifrs-full_InterestRateSwapContractMember1" xlink:title="label: InterestRateSwapContractMember to ifrs-full_InterestRateSwapContractMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateSwapContractMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestRateSwapContractMember_lbl2" xml:lang="en-US" id="ifrs-full_InterestRateSwapContractMember_lbl2">Interest rate swap contract [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateSwapContractMember" xlink:to="ifrs-full_InterestRateSwapContractMember_lbl2" xlink:title="label: InterestRateSwapContractMember to ifrs-full_InterestRateSwapContractMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRateTypesMember" xlink:label="InterestRateTypesMember" xlink:title="InterestRateTypesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateTypesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InterestRateTypesMember" xml:lang="en-US" id="ifrs-full_InterestRateTypesMember">Interest rate types [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateTypesMember" xlink:to="ifrs-full_InterestRateTypesMember" xlink:title="label: InterestRateTypesMember to ifrs-full_InterestRateTypesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRateTypesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestRateTypesMember_lbl1" xml:lang="en-US" id="ifrs-full_InterestRateTypesMember_lbl1">Interest rate types [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateTypesMember" xlink:to="ifrs-full_InterestRateTypesMember_lbl1" xlink:title="label: InterestRateTypesMember to ifrs-full_InterestRateTypesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:label="InterestReceivedClassifiedAsOperatingActivities" xlink:title="InterestReceivedClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xml:lang="en-US" id="ifrs-full_InterestReceivedClassifiedAsOperatingActivities">Interest received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities" xlink:title="label: InterestReceivedClassifiedAsOperatingActivities to ifrs-full_InterestReceivedClassifiedAsOperatingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" xml:lang="en-US" id="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1">Interest received, classified as operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestReceivedClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" xlink:title="label: InterestReceivedClassifiedAsOperatingActivities to ifrs-full_InterestReceivedClassifiedAsOperatingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InterestRevenueExpense" xlink:label="InterestRevenueExpense" xlink:title="InterestRevenueExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRevenueExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_InterestRevenueExpense" xml:lang="en-US" id="ifrs-full_InterestRevenueExpense">Net interest, similar income and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRevenueExpense" xlink:to="ifrs-full_InterestRevenueExpense" xlink:title="label: InterestRevenueExpense to ifrs-full_InterestRevenueExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRevenueExpense1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InterestRevenueExpense1" xml:lang="en-US" id="ifrs-full_InterestRevenueExpense1">Net interest, similar income and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRevenueExpense" xlink:to="ifrs-full_InterestRevenueExpense1" xlink:title="label: InterestRevenueExpense to ifrs-full_InterestRevenueExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InterestRevenueExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InterestRevenueExpense_lbl2" xml:lang="en-US" id="ifrs-full_InterestRevenueExpense_lbl2">Interest income (expense)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRevenueExpense" xlink:to="ifrs-full_InterestRevenueExpense_lbl2" xlink:title="label: InterestRevenueExpense to ifrs-full_InterestRevenueExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentFundsMember" xlink:label="InvestmentFundsMember" xlink:title="InvestmentFundsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InvestmentFundsMember" xml:lang="en-US" id="ifrs-full_InvestmentFundsMember">Investment Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsMember" xlink:to="ifrs-full_InvestmentFundsMember" xlink:title="label: InvestmentFundsMember to ifrs-full_InvestmentFundsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentFundsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentFundsMember1" xml:lang="en-US" id="ifrs-full_InvestmentFundsMember1">Investment Funds and Mutual Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsMember" xlink:to="ifrs-full_InvestmentFundsMember1" xlink:title="label: InvestmentFundsMember to ifrs-full_InvestmentFundsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentProperty" xlink:label="InvestmentProperty" xlink:title="InvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentProperty" xml:lang="en-US" id="ifrs-full_InvestmentProperty">Investment properties, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty" xlink:title="label: InvestmentProperty to ifrs-full_InvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentProperty1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_InvestmentProperty1" xml:lang="en-US" id="ifrs-full_InvestmentProperty1">Beginning Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty1" xlink:title="label: InvestmentProperty to ifrs-full_InvestmentProperty1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentProperty2" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_InvestmentProperty2" xml:lang="en-US" id="ifrs-full_InvestmentProperty2">Ending Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty2" xlink:title="label: InvestmentProperty to ifrs-full_InvestmentProperty2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentPropertyAbstract" xlink:label="InvestmentPropertyAbstract" xlink:title="InvestmentPropertyAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InvestmentPropertyAbstract" xml:lang="en-US" id="ifrs-full_InvestmentPropertyAbstract">Investments:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPropertyAbstract" xlink:to="ifrs-full_InvestmentPropertyAbstract" xlink:title="label: InvestmentPropertyAbstract to ifrs-full_InvestmentPropertyAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentPropertyAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentPropertyAbstract_lbl1" xml:lang="en-US" id="ifrs-full_InvestmentPropertyAbstract_lbl1">Investment property [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPropertyAbstract" xlink:to="ifrs-full_InvestmentPropertyAbstract_lbl1" xlink:title="label: InvestmentPropertyAbstract to ifrs-full_InvestmentPropertyAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="InvestmentPropertyMember" xlink:title="InvestmentPropertyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentPropertyMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_InvestmentPropertyMember" xml:lang="en-US" id="ifrs-full_InvestmentPropertyMember">Investment Property [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPropertyMember" xlink:to="ifrs-full_InvestmentPropertyMember" xlink:title="label: InvestmentPropertyMember to ifrs-full_InvestmentPropertyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentPropertyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentPropertyMember_lbl1" xml:lang="en-US" id="ifrs-full_InvestmentPropertyMember_lbl1">Investment property [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentPropertyMember" xlink:to="ifrs-full_InvestmentPropertyMember_lbl1" xlink:title="label: InvestmentPropertyMember to ifrs-full_InvestmentPropertyMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentsInAssociates" xlink:label="InvestmentsInAssociates" xlink:title="InvestmentsInAssociates" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_InvestmentsInAssociates" xml:lang="en-US" id="ifrs-full_InvestmentsInAssociates">Investment in associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociates" xlink:to="ifrs-full_InvestmentsInAssociates" xlink:title="label: InvestmentsInAssociates to ifrs-full_InvestmentsInAssociates" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInAssociates1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentsInAssociates1" xml:lang="en-US" id="ifrs-full_InvestmentsInAssociates1">Investments in associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInAssociates" xlink:to="ifrs-full_InvestmentsInAssociates1" xlink:title="label: InvestmentsInAssociates to ifrs-full_InvestmentsInAssociates1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xml:lang="en-US" id="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember">At Fair Value Through Other Comprehensive Income Investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="label: InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember to ifrs-full_InvestmentsInEquityInstrumentsMeasuredAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IssuedCapital" xlink:label="IssuedCapital" xlink:title="IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_IssuedCapital" xml:lang="en-US" id="ifrs-full_IssuedCapital">Capital stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="ifrs-full_IssuedCapital" xlink:title="label: IssuedCapital to ifrs-full_IssuedCapital" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IssuedCapital_lbl1" xml:lang="en-US" id="ifrs-full_IssuedCapital_lbl1">Issued capital</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl1" xlink:title="label: IssuedCapital to ifrs-full_IssuedCapital_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_IssuedCapitalMember" xlink:label="IssuedCapitalMember" xlink:title="IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_IssuedCapitalMember" xml:lang="en-US" id="ifrs-full_IssuedCapitalMember">Capital Stock [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember" xlink:title="label: IssuedCapitalMember to ifrs-full_IssuedCapitalMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_IssuedCapitalMember_lbl1" xml:lang="en-US" id="ifrs-full_IssuedCapitalMember_lbl1">Issued capital [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedCapitalMember" xlink:to="ifrs-full_IssuedCapitalMember_lbl1" xlink:title="label: IssuedCapitalMember to ifrs-full_IssuedCapitalMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="KeyManagementPersonnelCompensation" xlink:title="KeyManagementPersonnelCompensation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_KeyManagementPersonnelCompensation" xml:lang="en-US" id="ifrs-full_KeyManagementPersonnelCompensation">Key management personnel compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation" xlink:title="label: KeyManagementPersonnelCompensation to ifrs-full_KeyManagementPersonnelCompensation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_KeyManagementPersonnelCompensation_lbl1" xml:lang="en-US" id="ifrs-full_KeyManagementPersonnelCompensation_lbl1">Key management personnel compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_lbl1" xlink:title="label: KeyManagementPersonnelCompensation to ifrs-full_KeyManagementPersonnelCompensation_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LandAndBuildingsMember" xlink:label="LandAndBuildingsMember" xlink:title="LandAndBuildingsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LandAndBuildingsMember" xml:lang="en-US" id="ifrs-full_LandAndBuildingsMember">Land and Buildings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandAndBuildingsMember" xlink:to="ifrs-full_LandAndBuildingsMember" xlink:title="label: LandAndBuildingsMember to ifrs-full_LandAndBuildingsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LandMember" xlink:label="LandMember" xlink:title="LandMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LandMember" xml:lang="en-US" id="ifrs-full_LandMember">Land [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandMember" xlink:to="ifrs-full_LandMember" xlink:title="label: LandMember to ifrs-full_LandMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LandMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LandMember_lbl1" xml:lang="en-US" id="ifrs-full_LandMember_lbl1">Land [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LandMember" xlink:to="ifrs-full_LandMember_lbl1" xlink:title="label: LandMember to ifrs-full_LandMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:label="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:title="LaterThanFiveYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember">From 6 to 10 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:title="label: LaterThanFiveYearsAndNotLaterThanTenYearsMember to ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_lbl1" xml:lang="en-US" id="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_lbl1">Later than five years and not later than ten years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_lbl1" xlink:title="label: LaterThanFiveYearsAndNotLaterThanTenYearsMember to ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="LaterThanFiveYearsMember" xlink:title="LaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanFiveYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanFiveYearsMember">Over 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember" xlink:title="label: LaterThanFiveYearsMember to ifrs-full_LaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanFiveYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanFiveYearsMember1">More than 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember1" xlink:title="label: LaterThanFiveYearsMember to ifrs-full_LaterThanFiveYearsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFiveYearsMember2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanFiveYearsMember2" xml:lang="en-US" id="ifrs-full_LaterThanFiveYearsMember2">Later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember2" xlink:title="label: LaterThanFiveYearsMember to ifrs-full_LaterThanFiveYearsMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:title="LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">Five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:title="label: LaterThanFourYearsAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:label="LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:title="LaterThanOneMonthAndNotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xml:lang="en-US" id="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember">From 1 to 3 Months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:title="label: LaterThanOneMonthAndNotLaterThanThreeMonthsMember to ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember1" xml:lang="en-US" id="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember1">1 to 3 Months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember1" xlink:title="label: LaterThanOneMonthAndNotLaterThanThreeMonthsMember to ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl2" xml:lang="en-US" id="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl2">Later than one month and not later than three months [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl2" xlink:title="label: LaterThanOneMonthAndNotLaterThanThreeMonthsMember to ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">1 to 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:title="label: LaterThanOneYearAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember1">From 1 to 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember1" xlink:title="label: LaterThanOneYearAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl2" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl2">Later than one year and not later than five years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl2" xlink:title="label: LaterThanOneYearAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember">From 1 to 3 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:title="label: LaterThanOneYearAndNotLaterThanThreeYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember1">From 1 to 3 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember1" xlink:title="label: LaterThanOneYearAndNotLaterThanThreeYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl2" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl2">Later than one year and not later than three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl2" xlink:title="label: LaterThanOneYearAndNotLaterThanThreeYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:title="LaterThanOneYearAndNotLaterThanTwoYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">2025 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:title="label: LaterThanOneYearAndNotLaterThanTwoYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember1">Two years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember1" xlink:title="label: LaterThanOneYearAndNotLaterThanTwoYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember2" xml:lang="en-US" id="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember2">2024 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember2" xlink:title="label: LaterThanOneYearAndNotLaterThanTwoYearsMember to ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="LaterThanOneYearMember" xlink:title="LaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanOneYearMember" xml:lang="en-US" id="ifrs-full_LaterThanOneYearMember">2024 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember" xlink:title="label: LaterThanOneYearMember to ifrs-full_LaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanOneYearMember_lbl1" xml:lang="en-US" id="ifrs-full_LaterThanOneYearMember_lbl1">Later than one year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember_lbl1" xlink:title="label: LaterThanOneYearMember to ifrs-full_LaterThanOneYearMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanTenYearsMember" xlink:label="LaterThanTenYearsMember" xlink:title="LaterThanTenYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanTenYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanTenYearsMember">Older than 10 years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTenYearsMember" xlink:to="ifrs-full_LaterThanTenYearsMember" xlink:title="label: LaterThanTenYearsMember to ifrs-full_LaterThanTenYearsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:label="LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:title="LaterThanThreeMonthsAndNotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xml:lang="en-US" id="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember">From 3 Months to 1 Year [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:title="label: LaterThanThreeMonthsAndNotLaterThanOneYearMember to ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember1" xml:lang="en-US" id="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember1">3 to 12 Months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember1" xlink:title="label: LaterThanThreeMonthsAndNotLaterThanOneYearMember to ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember2" xml:lang="en-US" id="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember2">From 3 Months to 12 Months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember2" xlink:title="label: LaterThanThreeMonthsAndNotLaterThanOneYearMember to ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanThreeMonthsMember" xlink:label="LaterThanThreeMonthsMember" xlink:title="LaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanThreeMonthsMember" xml:lang="en-US" id="ifrs-full_LaterThanThreeMonthsMember">Up to 3 months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanThreeMonthsMember" xlink:title="label: LaterThanThreeMonthsMember to ifrs-full_LaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeMonthsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanThreeMonthsMember1" xml:lang="en-US" id="ifrs-full_LaterThanThreeMonthsMember1">Over 90 Days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanThreeMonthsMember1" xlink:title="label: LaterThanThreeMonthsMember to ifrs-full_LaterThanThreeMonthsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:label="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember">From 3 to 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember1">From 3 to 5 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember1" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember2" xml:lang="en-US" id="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember2">From 3 to 5 years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember2" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFiveYearsMember to ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:title="LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">2027 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFourYearsMember to ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember1">Four years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember1" xlink:title="label: LaterThanThreeYearsAndNotLaterThanFourYearsMember to ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:title="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xml:lang="en-US" id="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">2026 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:title="label: LaterThanTwoYearsAndNotLaterThanThreeYearsMember to ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember1" xml:lang="en-US" id="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember1">Three years [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember1" xlink:title="label: LaterThanTwoYearsAndNotLaterThanThreeYearsMember to ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LeaseLiabilities" xlink:label="LeaseLiabilities" xlink:title="LeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LeaseLiabilities" xml:lang="en-US" id="ifrs-full_LeaseLiabilities">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities" xlink:title="label: LeaseLiabilities to ifrs-full_LeaseLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LeaseLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_LeaseLiabilities_lbl1">Lease liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl1" xlink:title="label: LeaseLiabilities to ifrs-full_LeaseLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="LeaseLiabilitiesMember" xlink:title="LeaseLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LeaseLiabilitiesMember" xml:lang="en-US" id="ifrs-full_LeaseLiabilitiesMember">Lease Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember" xlink:title="label: LeaseLiabilitiesMember to ifrs-full_LeaseLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LeaseLiabilitiesMember_lbl1" xml:lang="en-US" id="ifrs-full_LeaseLiabilitiesMember_lbl1">Lease liabilities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl1" xlink:title="label: LeaseLiabilitiesMember to ifrs-full_LeaseLiabilitiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="Level1OfFairValueHierarchyMember" xlink:title="Level1OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Level1OfFairValueHierarchyMember" xml:lang="en-US" id="ifrs-full_Level1OfFairValueHierarchyMember">Level 1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember" xlink:title="label: Level1OfFairValueHierarchyMember to ifrs-full_Level1OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Level1OfFairValueHierarchyMember_lbl1" xml:lang="en-US" id="ifrs-full_Level1OfFairValueHierarchyMember_lbl1">Level 1 of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl1" xlink:title="label: Level1OfFairValueHierarchyMember to ifrs-full_Level1OfFairValueHierarchyMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="Level2OfFairValueHierarchyMember" xlink:title="Level2OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Level2OfFairValueHierarchyMember" xml:lang="en-US" id="ifrs-full_Level2OfFairValueHierarchyMember">Level 2 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember" xlink:title="label: Level2OfFairValueHierarchyMember to ifrs-full_Level2OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Level2OfFairValueHierarchyMember_lbl1" xml:lang="en-US" id="ifrs-full_Level2OfFairValueHierarchyMember_lbl1">Level 2 of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl1" xlink:title="label: Level2OfFairValueHierarchyMember to ifrs-full_Level2OfFairValueHierarchyMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Level3OfFairValueHierarchyMember" xlink:label="Level3OfFairValueHierarchyMember" xlink:title="Level3OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Level3OfFairValueHierarchyMember" xml:lang="en-US" id="ifrs-full_Level3OfFairValueHierarchyMember">Level 3 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember" xlink:title="label: Level3OfFairValueHierarchyMember to ifrs-full_Level3OfFairValueHierarchyMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Level3OfFairValueHierarchyMember_lbl1" xml:lang="en-US" id="ifrs-full_Level3OfFairValueHierarchyMember_lbl1">Level 3 of fair value hierarchy [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Level3OfFairValueHierarchyMember" xlink:to="ifrs-full_Level3OfFairValueHierarchyMember_lbl1" xlink:title="label: Level3OfFairValueHierarchyMember to ifrs-full_Level3OfFairValueHierarchyMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="LevelsOfFairValueHierarchyAxis" xlink:title="LevelsOfFairValueHierarchyAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LevelsOfFairValueHierarchyAxis" xml:lang="en-US" id="ifrs-full_LevelsOfFairValueHierarchyAxis">Levels of fair value hierarchy [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:title="label: LevelsOfFairValueHierarchyAxis to ifrs-full_LevelsOfFairValueHierarchyAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Liabilities" xlink:label="Liabilities" xlink:title="Liabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_Liabilities" xml:lang="en-US" id="ifrs-full_Liabilities">Total liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="ifrs-full_Liabilities" xlink:title="label: Liabilities to ifrs-full_Liabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Liabilities1" xml:lang="en-US" id="ifrs-full_Liabilities1">Total liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="ifrs-full_Liabilities1" xlink:title="label: Liabilities to ifrs-full_Liabilities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_Liabilities2" xml:lang="en-US" id="ifrs-full_Liabilities2">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="ifrs-full_Liabilities2" xlink:title="label: Liabilities to ifrs-full_Liabilities2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities3" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_Liabilities3" xml:lang="en-US" id="ifrs-full_Liabilities3">Total monetary liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="ifrs-full_Liabilities3" xlink:title="label: Liabilities to ifrs-full_Liabilities3" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Liabilities_lbl4" xml:lang="en-US" id="ifrs-full_Liabilities_lbl4">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Liabilities" xlink:to="ifrs-full_Liabilities_lbl4" xlink:title="label: Liabilities to ifrs-full_Liabilities_lbl4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="LiabilitiesAbstract" xlink:title="LiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LiabilitiesAbstract" xml:lang="en-US" id="ifrs-full_LiabilitiesAbstract">Liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract" xlink:title="label: LiabilitiesAbstract to ifrs-full_LiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:label="LiabilitiesArisingFromFinancingActivities" xlink:title="LiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivities" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivities">Ending Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:title="label: LiabilitiesArisingFromFinancingActivities to ifrs-full_LiabilitiesArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivities1" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivities1">Beginning period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities1" xlink:title="label: LiabilitiesArisingFromFinancingActivities to ifrs-full_LiabilitiesArisingFromFinancingActivities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl2" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl2">Liabilities arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl2" xlink:title="label: LiabilitiesArisingFromFinancingActivities to ifrs-full_LiabilitiesArisingFromFinancingActivities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:label="LiabilitiesArisingFromFinancingActivitiesAxis" xlink:title="LiabilitiesArisingFromFinancingActivitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis">Liabilities arising from financing activities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:title="label: LiabilitiesArisingFromFinancingActivitiesAxis to ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:label="LiabilitiesArisingFromFinancingActivitiesMember" xlink:title="LiabilitiesArisingFromFinancingActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember">Liabilities arising from financing activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesMember" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" xlink:title="label: LiabilitiesArisingFromFinancingActivitiesMember to ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl1" xml:lang="en-US" id="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl1">Liabilities arising from financing activities [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesArisingFromFinancingActivitiesMember" xlink:to="ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl1" xlink:title="label: LiabilitiesArisingFromFinancingActivitiesMember to ifrs-full_LiabilitiesArisingFromFinancingActivitiesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:label="LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:title="LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xml:lang="en-US" id="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17">Gross provision for incurred claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:to="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:title="label: LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17 to ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1">Liabilities for incurred claims that arise from contracts within scope of IFRS 17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17" xlink:to="ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" xlink:title="label: LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17 to ifrs-full_LiabilitiesForIncurredClaimsThatAriseFromContractsWithinScopeOfIFRS17_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LoansAndAdvancesToCustomers" xlink:label="LoansAndAdvancesToCustomers" xlink:title="LoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LoansAndAdvancesToCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_LoansAndAdvancesToCustomers" xml:lang="en-US" id="ifrs-full_LoansAndAdvancesToCustomers">Total loans, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers" xlink:title="label: LoansAndAdvancesToCustomers to ifrs-full_LoansAndAdvancesToCustomers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LoansAndAdvancesToCustomers1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LoansAndAdvancesToCustomers1" xml:lang="en-US" id="ifrs-full_LoansAndAdvancesToCustomers1">Loans, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers1" xlink:title="label: LoansAndAdvancesToCustomers to ifrs-full_LoansAndAdvancesToCustomers1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LoansAndAdvancesToCustomers_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LoansAndAdvancesToCustomers_lbl2" xml:lang="en-US" id="ifrs-full_LoansAndAdvancesToCustomers_lbl2">Loans and advances to customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers_lbl2" xlink:title="label: LoansAndAdvancesToCustomers to ifrs-full_LoansAndAdvancesToCustomers_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LoansAndReceivables" xlink:label="LoansAndReceivables" xlink:title="LoansAndReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LoansAndReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_LoansAndReceivables" xml:lang="en-US" id="ifrs-full_LoansAndReceivables">Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndReceivables" xlink:to="ifrs-full_LoansAndReceivables" xlink:title="label: LoansAndReceivables to ifrs-full_LoansAndReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LoansAndReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LoansAndReceivables_lbl1" xml:lang="en-US" id="ifrs-full_LoansAndReceivables_lbl1">Loans and receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndReceivables" xlink:to="ifrs-full_LoansAndReceivables_lbl1" xlink:title="label: LoansAndReceivables to ifrs-full_LoansAndReceivables_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LossComponentMember" xlink:label="LossComponentMember" xlink:title="LossComponentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LossComponentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LossComponentMember" xml:lang="en-US" id="ifrs-full_LossComponentMember">Remaining Coverage Liabilities, Loss Component [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossComponentMember" xlink:to="ifrs-full_LossComponentMember" xlink:title="label: LossComponentMember to ifrs-full_LossComponentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LossComponentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LossComponentMember_lbl1" xml:lang="en-US" id="ifrs-full_LossComponentMember_lbl1">Loss component [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossComponentMember" xlink:to="ifrs-full_LossComponentMember_lbl1" xlink:title="label: LossComponentMember to ifrs-full_LossComponentMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_LossesOnDisposalsOfInvestments" xlink:label="LossesOnDisposalsOfInvestments" xlink:title="LossesOnDisposalsOfInvestments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LossesOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_LossesOnDisposalsOfInvestments" xml:lang="en-US" id="ifrs-full_LossesOnDisposalsOfInvestments">Unrealized loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesOnDisposalsOfInvestments" xlink:to="ifrs-full_LossesOnDisposalsOfInvestments" xlink:title="label: LossesOnDisposalsOfInvestments to ifrs-full_LossesOnDisposalsOfInvestments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_LossesOnDisposalsOfInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_LossesOnDisposalsOfInvestments_lbl1" xml:lang="en-US" id="ifrs-full_LossesOnDisposalsOfInvestments_lbl1">Losses on disposals of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesOnDisposalsOfInvestments" xlink:to="ifrs-full_LossesOnDisposalsOfInvestments_lbl1" xlink:title="label: LossesOnDisposalsOfInvestments to ifrs-full_LossesOnDisposalsOfInvestments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MachineryMember" xlink:label="MachineryMember" xlink:title="MachineryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MachineryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_MachineryMember" xml:lang="en-US" id="ifrs-full_MachineryMember">Installations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="ifrs-full_MachineryMember" xlink:title="label: MachineryMember to ifrs-full_MachineryMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MachineryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MachineryMember_lbl1" xml:lang="en-US" id="ifrs-full_MachineryMember_lbl1">Machinery [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MachineryMember" xlink:to="ifrs-full_MachineryMember_lbl1" xlink:title="label: MachineryMember to ifrs-full_MachineryMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:label="MandatoryReserveDepositsAtCentralBanks" xlink:title="MandatoryReserveDepositsAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_MandatoryReserveDepositsAtCentralBanks" xml:lang="en-US" id="ifrs-full_MandatoryReserveDepositsAtCentralBanks">Total legal cash requirements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryReserveDepositsAtCentralBanks" xlink:to="ifrs-full_MandatoryReserveDepositsAtCentralBanks" xlink:title="label: MandatoryReserveDepositsAtCentralBanks to ifrs-full_MandatoryReserveDepositsAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MandatoryReserveDepositsAtCentralBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MandatoryReserveDepositsAtCentralBanks_lbl1" xml:lang="en-US" id="ifrs-full_MandatoryReserveDepositsAtCentralBanks_lbl1">Mandatory reserve deposits at central banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryReserveDepositsAtCentralBanks" xlink:to="ifrs-full_MandatoryReserveDepositsAtCentralBanks_lbl1" xlink:title="label: MandatoryReserveDepositsAtCentralBanks to ifrs-full_MandatoryReserveDepositsAtCentralBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MarketsOfCustomersAxis" xlink:label="MarketsOfCustomersAxis" xlink:title="MarketsOfCustomersAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MarketsOfCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MarketsOfCustomersAxis" xml:lang="en-US" id="ifrs-full_MarketsOfCustomersAxis">Markets of customers [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketsOfCustomersAxis" xlink:to="ifrs-full_MarketsOfCustomersAxis" xlink:title="label: MarketsOfCustomersAxis to ifrs-full_MarketsOfCustomersAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MarketsOfCustomersMember" xlink:label="MarketsOfCustomersMember" xlink:title="MarketsOfCustomersMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MarketsOfCustomersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MarketsOfCustomersMember" xml:lang="en-US" id="ifrs-full_MarketsOfCustomersMember">Markets of customers [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketsOfCustomersMember" xlink:to="ifrs-full_MarketsOfCustomersMember" xlink:title="label: MarketsOfCustomersMember to ifrs-full_MarketsOfCustomersMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaturityAxis" xlink:label="MaturityAxis" xlink:title="MaturityAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MaturityAxis" xml:lang="en-US" id="ifrs-full_MaturityAxis">Maturity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityAxis" xlink:to="ifrs-full_MaturityAxis" xlink:title="label: MaturityAxis to ifrs-full_MaturityAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xlink:label="MaximumExposureToCreditRiskOfFinancialAssets" xlink:title="MaximumExposureToCreditRiskOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xml:lang="en-US" id="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets">Financial assets designated 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="MaximumExposureToCreditRiskOfFinancialAssets" xlink:to="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" xlink:title="label: MaximumExposureToCreditRiskOfFinancialAssets to ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets1" xml:lang="en-US" id="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets1">Maximum exposure to credit risk of financial assets designated as 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="MaximumExposureToCreditRiskOfFinancialAssets" xlink:to="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets1" xlink:title="label: MaximumExposureToCreditRiskOfFinancialAssets to ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl2" xml:lang="en-US" id="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl2">Maximum exposure to credit risk of financial assets designated as 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="MaximumExposureToCreditRiskOfFinancialAssets" xlink:to="ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl2" xlink:title="label: MaximumExposureToCreditRiskOfFinancialAssets to ifrs-full_MaximumExposureToCreditRiskOfFinancialAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables" xlink:label="MaximumExposureToCreditRiskOfLoansOrReceivables" xlink:title="MaximumExposureToCreditRiskOfLoansOrReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables" xml:lang="en-US" id="ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables">Maximum borrowings capacity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumExposureToCreditRiskOfLoansOrReceivables" xlink:to="ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables" xlink:title="label: MaximumExposureToCreditRiskOfLoansOrReceivables to ifrs-full_MaximumExposureToCreditRiskOfLoansOrReceivables" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MeasurementAxis" xlink:label="MeasurementAxis" xlink:title="MeasurementAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MeasurementAxis" xml:lang="en-US" id="ifrs-full_MeasurementAxis">Measurement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MeasurementAxis" xlink:to="ifrs-full_MeasurementAxis" xlink:title="label: MeasurementAxis to ifrs-full_MeasurementAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MethodsOfGenerationAxis" xlink:label="MethodsOfGenerationAxis" xlink:title="MethodsOfGenerationAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MethodsOfGenerationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MethodsOfGenerationAxis" xml:lang="en-US" id="ifrs-full_MethodsOfGenerationAxis">Methods of generation [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MethodsOfGenerationAxis" xlink:to="ifrs-full_MethodsOfGenerationAxis" xlink:title="label: MethodsOfGenerationAxis to ifrs-full_MethodsOfGenerationAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MethodsOfGenerationMember" xlink:label="MethodsOfGenerationMember" xlink:title="MethodsOfGenerationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MethodsOfGenerationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MethodsOfGenerationMember" xml:lang="en-US" id="ifrs-full_MethodsOfGenerationMember">Methods of generation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MethodsOfGenerationMember" xlink:to="ifrs-full_MethodsOfGenerationMember" xlink:title="label: MethodsOfGenerationMember to ifrs-full_MethodsOfGenerationMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="MiscellaneousOtherOperatingExpense" xlink:title="MiscellaneousOtherOperatingExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_MiscellaneousOtherOperatingExpense" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingExpense">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:title="label: MiscellaneousOtherOperatingExpense to ifrs-full_MiscellaneousOtherOperatingExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_MiscellaneousOtherOperatingExpense1" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingExpense1">Total other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense1" xlink:title="label: MiscellaneousOtherOperatingExpense to ifrs-full_MiscellaneousOtherOperatingExpense1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MiscellaneousOtherOperatingExpense_lbl2" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingExpense_lbl2">Miscellaneous other operating expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_lbl2" xlink:title="label: MiscellaneousOtherOperatingExpense to ifrs-full_MiscellaneousOtherOperatingExpense_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="MiscellaneousOtherOperatingIncome" xlink:title="MiscellaneousOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_MiscellaneousOtherOperatingIncome" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingIncome">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:title="label: MiscellaneousOtherOperatingIncome to ifrs-full_MiscellaneousOtherOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_MiscellaneousOtherOperatingIncome1" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingIncome1">Total other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="ifrs-full_MiscellaneousOtherOperatingIncome1" xlink:title="label: MiscellaneousOtherOperatingIncome to ifrs-full_MiscellaneousOtherOperatingIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MiscellaneousOtherOperatingIncome_lbl2" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherOperatingIncome_lbl2">Miscellaneous other operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherOperatingIncome" xlink:to="ifrs-full_MiscellaneousOtherOperatingIncome_lbl2" xlink:title="label: MiscellaneousOtherOperatingIncome to ifrs-full_MiscellaneousOtherOperatingIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MiscellaneousOtherReservesMember" xlink:label="MiscellaneousOtherReservesMember" xlink:title="MiscellaneousOtherReservesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_MiscellaneousOtherReservesMember" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherReservesMember">Reserves and Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherReservesMember" xlink:to="ifrs-full_MiscellaneousOtherReservesMember" xlink:title="label: MiscellaneousOtherReservesMember to ifrs-full_MiscellaneousOtherReservesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MiscellaneousOtherReservesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MiscellaneousOtherReservesMember_lbl1" xml:lang="en-US" id="ifrs-full_MiscellaneousOtherReservesMember_lbl1">Miscellaneous other reserves [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousOtherReservesMember" xlink:to="ifrs-full_MiscellaneousOtherReservesMember_lbl1" xlink:title="label: MiscellaneousOtherReservesMember to ifrs-full_MiscellaneousOtherReservesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_MortgagesMember" xlink:label="MortgagesMember" xlink:title="MortgagesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MortgagesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_MortgagesMember" xml:lang="en-US" id="ifrs-full_MortgagesMember">Residential Mortgage Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgagesMember" xlink:to="ifrs-full_MortgagesMember" xlink:title="label: MortgagesMember to ifrs-full_MortgagesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_MortgagesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_MortgagesMember_lbl1" xml:lang="en-US" id="ifrs-full_MortgagesMember_lbl1">Mortgages [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgagesMember" xlink:to="ifrs-full_MortgagesMember_lbl1" xlink:title="label: MortgagesMember to ifrs-full_MortgagesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetAssetsLiabilities" xlink:label="NetAssetsLiabilities" xlink:title="NetAssetsLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetAssetsLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetAssetsLiabilities" xml:lang="en-US" id="ifrs-full_NetAssetsLiabilities">Gains (losses) on net monetary position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsLiabilities" xlink:to="ifrs-full_NetAssetsLiabilities" xlink:title="label: NetAssetsLiabilities to ifrs-full_NetAssetsLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetAssetsLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetAssetsLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_NetAssetsLiabilities_lbl1">Assets (liabilities)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsLiabilities" xlink:to="ifrs-full_NetAssetsLiabilities_lbl1" xlink:title="label: NetAssetsLiabilities to ifrs-full_NetAssetsLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="NetDeferredTaxAssets" xlink:title="NetDeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetDeferredTaxAssets" xml:lang="en-US" id="ifrs-full_NetDeferredTaxAssets">Deferred tax assets, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets" xlink:title="label: NetDeferredTaxAssets to ifrs-full_NetDeferredTaxAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxAssets1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NetDeferredTaxAssets1" xml:lang="en-US" id="ifrs-full_NetDeferredTaxAssets1">Deferred income tax asset, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets1" xlink:title="label: NetDeferredTaxAssets to ifrs-full_NetDeferredTaxAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetDeferredTaxAssets_lbl2" xml:lang="en-US" id="ifrs-full_NetDeferredTaxAssets_lbl2">Net deferred tax assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl2" xlink:title="label: NetDeferredTaxAssets to ifrs-full_NetDeferredTaxAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetDeferredTaxLiabilities" xlink:label="NetDeferredTaxLiabilities" xlink:title="NetDeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetDeferredTaxLiabilities" xml:lang="en-US" id="ifrs-full_NetDeferredTaxLiabilities">Deferred tax liabilities, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities" xlink:title="label: NetDeferredTaxLiabilities to ifrs-full_NetDeferredTaxLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetDeferredTaxLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetDeferredTaxLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_NetDeferredTaxLiabilities_lbl1">Net deferred tax liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDeferredTaxLiabilities" xlink:to="ifrs-full_NetDeferredTaxLiabilities_lbl1" xlink:title="label: NetDeferredTaxLiabilities to ifrs-full_NetDeferredTaxLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US" id="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">Net amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="label: NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xml:lang="en-US" id="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:title="label: NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:label="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:title="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US" id="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition">Net of financial assets presented in the consolidated statements of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:title="label: NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition to ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xml:lang="en-US" id="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1">Net financial assets subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xlink:title="label: NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition to ifrs-full_NetFinancialAssetsSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:label="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xml:lang="en-US" id="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements">Net amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:title="label: NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xml:lang="en-US" id="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" xlink:title="label: NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements to ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreements_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:label="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:title="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xml:lang="en-US" id="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition">Net amounts of financial liabilities presented in the consolidated statements of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:title="label: NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition to ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xml:lang="en-US" id="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1">Net financial liabilities subject to offsetting, enforceable master netting arrangements or similar agreements in statement of financial position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition" xlink:to="ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" xlink:title="label: NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition to ifrs-full_NetFinancialLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsOrSimilarAgreementsInStatementOfFinancialPosition_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetForeignExchangeGain" xlink:label="NetForeignExchangeGain" xlink:title="NetForeignExchangeGain" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetForeignExchangeGain" xml:lang="en-US" id="ifrs-full_NetForeignExchangeGain">Net gain on foreign exchange transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeGain" xlink:to="ifrs-full_NetForeignExchangeGain" xlink:title="label: NetForeignExchangeGain to ifrs-full_NetForeignExchangeGain" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetForeignExchangeGain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetForeignExchangeGain_lbl1" xml:lang="en-US" id="ifrs-full_NetForeignExchangeGain_lbl1">Net foreign exchange gain</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetForeignExchangeGain" xlink:to="ifrs-full_NetForeignExchangeGain_lbl1" xlink:title="label: NetForeignExchangeGain to ifrs-full_NetForeignExchangeGain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:label="NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:title="NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xml:lang="en-US" id="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember">Remaining Coverage Liabilities, Excluding Loss Component [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:to="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:title="label: NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember to ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember_lbl1" xml:lang="en-US" id="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember_lbl1">Net liabilities or assets for remaining coverage excluding loss component [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember" xlink:to="ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember_lbl1" xlink:title="label: NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember to ifrs-full_NetLiabilitiesOrAssetsForRemainingCoverageExcludingLossComponentMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NineYearsBeforeReportingYearMember" xlink:label="NineYearsBeforeReportingYearMember" xlink:title="NineYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NineYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NineYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_NineYearsBeforeReportingYearMember">2013/2014 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NineYearsBeforeReportingYearMember" xlink:to="ifrs-full_NineYearsBeforeReportingYearMember" xlink:title="label: NineYearsBeforeReportingYearMember to ifrs-full_NineYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="NonadjustingEventsAfterReportingPeriodAxis" xlink:title="NonadjustingEventsAfterReportingPeriodAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xml:lang="en-US" id="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis">Non-adjusting events after reporting period [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:title="label: NonadjustingEventsAfterReportingPeriodAxis to ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="NonadjustingEventsMember" xlink:title="NonadjustingEventsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NonadjustingEventsMember" xml:lang="en-US" id="ifrs-full_NonadjustingEventsMember">Non-adjusting events after reporting period [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsMember" xlink:to="ifrs-full_NonadjustingEventsMember" xlink:title="label: NonadjustingEventsMember to ifrs-full_NonadjustingEventsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NonadjustingEventsMember1" xml:lang="en-US" id="ifrs-full_NonadjustingEventsMember1">Events After Reporting Period [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonadjustingEventsMember" xlink:to="ifrs-full_NonadjustingEventsMember1" xlink:title="label: NonadjustingEventsMember to ifrs-full_NonadjustingEventsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncontrollingInterests" xlink:label="NoncontrollingInterests" xlink:title="NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NoncontrollingInterests" xml:lang="en-US" id="ifrs-full_NoncontrollingInterests">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests" xlink:title="label: NoncontrollingInterests to ifrs-full_NoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterests_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NoncontrollingInterests_lbl1" xml:lang="en-US" id="ifrs-full_NoncontrollingInterests_lbl1">Non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl1" xlink:title="label: NoncontrollingInterests to ifrs-full_NoncontrollingInterests_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="NoncontrollingInterestsMember" xlink:title="NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NoncontrollingInterestsMember" xml:lang="en-US" id="ifrs-full_NoncontrollingInterestsMember">Non-controlling Interest [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember" xlink:title="label: NoncontrollingInterestsMember to ifrs-full_NoncontrollingInterestsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NoncontrollingInterestsMember_lbl1" xml:lang="en-US" id="ifrs-full_NoncontrollingInterestsMember_lbl1">Non-controlling interests [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember_lbl1" xlink:title="label: NoncontrollingInterestsMember to ifrs-full_NoncontrollingInterestsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:label="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xml:lang="en-US" id="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts">Total non-current assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:title="label: NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts to ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl1" xml:lang="en-US" id="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl1">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl1" xlink:title="label: NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts to ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:label="NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:title="NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xml:lang="en-US" id="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract">Investments at fair value through other comprehensive income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:title="label: NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract to ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xml:lang="en-US" id="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1">Non-current financial assets at fair value through other comprehensive income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xlink:title="label: NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract to ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:label="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xml:lang="en-US" id="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows">Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:title="label: NonderivativeFinancialLiabilitiesUndiscountedCashFlows to ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xml:lang="en-US" id="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1">Non-derivative financial liabilities, undiscounted cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" xlink:title="label: NonderivativeFinancialLiabilitiesUndiscountedCashFlows to ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotLaterThanOneMonthMember" xlink:label="NotLaterThanOneMonthMember" xlink:title="NotLaterThanOneMonthMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NotLaterThanOneMonthMember" xml:lang="en-US" id="ifrs-full_NotLaterThanOneMonthMember">Up to 1 Month [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneMonthMember" xlink:to="ifrs-full_NotLaterThanOneMonthMember" xlink:title="label: NotLaterThanOneMonthMember to ifrs-full_NotLaterThanOneMonthMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneMonthMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NotLaterThanOneMonthMember1" xml:lang="en-US" id="ifrs-full_NotLaterThanOneMonthMember1">Up to a Month [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneMonthMember" xlink:to="ifrs-full_NotLaterThanOneMonthMember1" xlink:title="label: NotLaterThanOneMonthMember to ifrs-full_NotLaterThanOneMonthMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneMonthMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NotLaterThanOneMonthMember_lbl2" xml:lang="en-US" id="ifrs-full_NotLaterThanOneMonthMember_lbl2">Not later than one month [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneMonthMember" xlink:to="ifrs-full_NotLaterThanOneMonthMember_lbl2" xlink:title="label: NotLaterThanOneMonthMember to ifrs-full_NotLaterThanOneMonthMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="NotLaterThanOneYearMember" xlink:title="NotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NotLaterThanOneYearMember" xml:lang="en-US" id="ifrs-full_NotLaterThanOneYearMember">Up to 1 Year [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember" xlink:title="label: NotLaterThanOneYearMember to ifrs-full_NotLaterThanOneYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NotLaterThanOneYearMember1" xml:lang="en-US" id="ifrs-full_NotLaterThanOneYearMember1">2023 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember1" xlink:title="label: NotLaterThanOneYearMember to ifrs-full_NotLaterThanOneYearMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NotLaterThanOneYearMember2" xml:lang="en-US" id="ifrs-full_NotLaterThanOneYearMember2">One year [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember2" xlink:title="label: NotLaterThanOneYearMember to ifrs-full_NotLaterThanOneYearMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotLaterThanThreeMonthsMember" xlink:label="NotLaterThanThreeMonthsMember" xlink:title="NotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NotLaterThanThreeMonthsMember" xml:lang="en-US" id="ifrs-full_NotLaterThanThreeMonthsMember">Up to 3 Months [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanThreeMonthsMember" xlink:to="ifrs-full_NotLaterThanThreeMonthsMember" xlink:title="label: NotLaterThanThreeMonthsMember to ifrs-full_NotLaterThanThreeMonthsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotLaterThanThreeMonthsMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NotLaterThanThreeMonthsMember1" xml:lang="en-US" id="ifrs-full_NotLaterThanThreeMonthsMember1">Overdue Up to 90 Days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanThreeMonthsMember" xlink:to="ifrs-full_NotLaterThanThreeMonthsMember1" xlink:title="label: NotLaterThanThreeMonthsMember to ifrs-full_NotLaterThanThreeMonthsMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotesAndDebenturesIssued" xlink:label="NotesAndDebenturesIssued" xlink:title="NotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NotesAndDebenturesIssued" xml:lang="en-US" id="ifrs-full_NotesAndDebenturesIssued">Bonds and notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebenturesIssued" xlink:to="ifrs-full_NotesAndDebenturesIssued" xlink:title="label: NotesAndDebenturesIssued to ifrs-full_NotesAndDebenturesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotesAndDebenturesIssued1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NotesAndDebenturesIssued1" xml:lang="en-US" id="ifrs-full_NotesAndDebenturesIssued1">Notes and debentures issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebenturesIssued" xlink:to="ifrs-full_NotesAndDebenturesIssued1" xlink:title="label: NotesAndDebenturesIssued to ifrs-full_NotesAndDebenturesIssued1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NotionalAmount" xlink:label="NotionalAmount" xlink:title="NotionalAmount" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_NotionalAmount" xml:lang="en-US" id="ifrs-full_NotionalAmount">Notional amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="ifrs-full_NotionalAmount" xlink:title="label: NotionalAmount to ifrs-full_NotionalAmount" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotionalAmount1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NotionalAmount1" xml:lang="en-US" id="ifrs-full_NotionalAmount1">Issued amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="ifrs-full_NotionalAmount1" xlink:title="label: NotionalAmount to ifrs-full_NotionalAmount1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NotionalAmount_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NotionalAmount_lbl2" xml:lang="en-US" id="ifrs-full_NotionalAmount_lbl2">Notional amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl2" xlink:title="label: NotionalAmount to ifrs-full_NotionalAmount_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:label="NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:title="NumberOfInstrumentsOrInterestsIssuedOrIssuable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xml:lang="en-US" id="ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable">Number of instruments or interests issued or issuable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:to="ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:title="label: NumberOfInstrumentsOrInterestsIssuedOrIssuable to ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="NumberOfSharesIssued" xlink:title="NumberOfSharesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NumberOfSharesIssued" xml:lang="en-US" id="ifrs-full_NumberOfSharesIssued">Ordinary stock, Note 16(a) (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued" xlink:title="label: NumberOfSharesIssued to ifrs-full_NumberOfSharesIssued" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NumberOfSharesIssued1" xml:lang="en-US" id="ifrs-full_NumberOfSharesIssued1">Number of shares issued (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued1" xlink:title="label: NumberOfSharesIssued to ifrs-full_NumberOfSharesIssued1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfSharesIssuedAbstract" xlink:label="NumberOfSharesIssuedAbstract" xlink:title="NumberOfSharesIssuedAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_NumberOfSharesIssuedAbstract" xml:lang="en-US" id="ifrs-full_NumberOfSharesIssuedAbstract">Number of Stock [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssuedAbstract" xlink:to="ifrs-full_NumberOfSharesIssuedAbstract" xlink:title="label: NumberOfSharesIssuedAbstract to ifrs-full_NumberOfSharesIssuedAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssuedAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NumberOfSharesIssuedAbstract_lbl1" xml:lang="en-US" id="ifrs-full_NumberOfSharesIssuedAbstract_lbl1">Number of shares issued [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesIssuedAbstract" xlink:to="ifrs-full_NumberOfSharesIssuedAbstract_lbl1" xlink:title="label: NumberOfSharesIssuedAbstract to ifrs-full_NumberOfSharesIssuedAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="NumberOfSharesOutstanding" xlink:title="NumberOfSharesOutstanding" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_NumberOfSharesOutstanding" xml:lang="en-US" id="ifrs-full_NumberOfSharesOutstanding">Number of shares, total (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding" xlink:title="label: NumberOfSharesOutstanding to ifrs-full_NumberOfSharesOutstanding" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OneYearBeforeReportingYearMember" xlink:label="OneYearBeforeReportingYearMember" xlink:title="OneYearBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OneYearBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OneYearBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_OneYearBeforeReportingYearMember">2021/2022 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OneYearBeforeReportingYearMember" xlink:to="ifrs-full_OneYearBeforeReportingYearMember" xlink:title="label: OneYearBeforeReportingYearMember to ifrs-full_OneYearBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OnerousContractsProvisionMember" xlink:label="OnerousContractsProvisionMember" xlink:title="OnerousContractsProvisionMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OnerousContractsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OnerousContractsProvisionMember" xml:lang="en-US" id="ifrs-full_OnerousContractsProvisionMember">Onerous contracts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OnerousContractsProvisionMember" xlink:to="ifrs-full_OnerousContractsProvisionMember" xlink:title="label: OnerousContractsProvisionMember to ifrs-full_OnerousContractsProvisionMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:label="OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xml:lang="en-US" id="ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember">After Adjustment Initial Application [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="label: OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember to ifrs-full_OpeningBalanceAfterAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:label="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xml:lang="en-US" id="ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember">Opening balance before adjustment, cumulative effect at date of initial application [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:to="ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" xlink:title="label: OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember to ifrs-full_OpeningBalanceBeforeAdjustmentCumulativeEffectAtDateOfInitialApplicationMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OperatingSegmentsMember" xlink:label="OperatingSegmentsMember" xlink:title="OperatingSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OperatingSegmentsMember" xml:lang="en-US" id="ifrs-full_OperatingSegmentsMember">Operating Segments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingSegmentsMember" xlink:to="ifrs-full_OperatingSegmentsMember" xlink:title="label: OperatingSegmentsMember to ifrs-full_OperatingSegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OperatingSegmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OperatingSegmentsMember_lbl1" xml:lang="en-US" id="ifrs-full_OperatingSegmentsMember_lbl1">Operating segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingSegmentsMember" xlink:to="ifrs-full_OperatingSegmentsMember_lbl1" xlink:title="label: OperatingSegmentsMember to ifrs-full_OperatingSegmentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OptionContractMember" xlink:label="OptionContractMember" xlink:title="OptionContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OptionContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OptionContractMember" xml:lang="en-US" id="ifrs-full_OptionContractMember">Foreign Exchange Options [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptionContractMember" xlink:to="ifrs-full_OptionContractMember" xlink:title="label: OptionContractMember to ifrs-full_OptionContractMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OptionContractMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OptionContractMember_lbl1" xml:lang="en-US" id="ifrs-full_OptionContractMember_lbl1">Option contract [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptionContractMember" xlink:to="ifrs-full_OptionContractMember_lbl1" xlink:title="label: OptionContractMember to ifrs-full_OptionContractMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherAdjustmentsForNoncashItems" xlink:label="OtherAdjustmentsForNoncashItems" xlink:title="OtherAdjustmentsForNoncashItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherAdjustmentsForNoncashItems" xml:lang="en-US" id="ifrs-full_OtherAdjustmentsForNoncashItems">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForNoncashItems" xlink:to="ifrs-full_OtherAdjustmentsForNoncashItems" xlink:title="label: OtherAdjustmentsForNoncashItems to ifrs-full_OtherAdjustmentsForNoncashItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" xml:lang="en-US" id="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1">Other adjustments for non-cash items</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForNoncashItems" xlink:to="ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" xlink:title="label: OtherAdjustmentsForNoncashItems to ifrs-full_OtherAdjustmentsForNoncashItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherAssets" xlink:label="OtherAssets" xlink:title="OtherAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherAssets" xml:lang="en-US" id="ifrs-full_OtherAssets">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssets" xlink:to="ifrs-full_OtherAssets" xlink:title="label: OtherAssets to ifrs-full_OtherAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherAssets1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherAssets1" xml:lang="en-US" id="ifrs-full_OtherAssets1">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssets" xlink:to="ifrs-full_OtherAssets1" xlink:title="label: OtherAssets to ifrs-full_OtherAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherAssets_lbl2" xml:lang="en-US" id="ifrs-full_OtherAssets_lbl2">Other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssets" xlink:to="ifrs-full_OtherAssets_lbl2" xlink:title="label: OtherAssets to ifrs-full_OtherAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="OtherComprehensiveIncome" xlink:title="OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncome">Total other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome" xlink:title="label: OtherComprehensiveIncome to ifrs-full_OtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherComprehensiveIncome1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncome1">Other comprehensive income, Note 16(d)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome1" xlink:title="label: OtherComprehensiveIncome to ifrs-full_OtherComprehensiveIncome1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncome_lbl2" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncome_lbl2">Other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl2" xlink:title="label: OtherComprehensiveIncome to ifrs-full_OtherComprehensiveIncome_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeAbstract" xlink:label="OtherComprehensiveIncomeAbstract" xlink:title="OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeAbstract" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeAbstract">Other comprehensive income:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract" xlink:title="label: OtherComprehensiveIncomeAbstract to ifrs-full_OtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeAbstract_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeAbstract_lbl1">Other comprehensive income [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAbstract" xlink:to="ifrs-full_OtherComprehensiveIncomeAbstract_lbl1" xlink:title="label: OtherComprehensiveIncomeAbstract to ifrs-full_OtherComprehensiveIncomeAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="OtherComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:title="label: OtherComprehensiveIncomeAttributableToNoncontrollingInterests to ifrs-full_OtherComprehensiveIncomeAttributableToNoncontrollingInterests" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="OtherComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent">Credicorp's equity holders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" xlink:title="label: OtherComprehensiveIncomeAttributableToOwnersOfParent to ifrs-full_OtherComprehensiveIncomeAttributableToOwnersOfParent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:label="OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:title="OtherComprehensiveIncomeBeforeTaxCashFlowHedges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges">Net movement of cash flow hedge reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:title="label: OtherComprehensiveIncomeBeforeTaxCashFlowHedges to ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges1">Other comprehensive income, cash flow hedge</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxCashFlowHedges to ifrs-full_OtherComprehensiveIncomeBeforeTaxCashFlowHedges1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:label="OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:title="OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation">Exchange differences on translation of foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:title="label: OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation to ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl1">Other comprehensive income, before tax, exchange differences on translation of foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation to ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:title="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments">Net loss on equity instruments designated 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="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:title="label: OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments1">Net loss on equity instruments designated 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="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:label="OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:title="OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:title="label: OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss to ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1">Other comprehensive income, before tax, insurance finance income (expenses) from insurance contracts issued excluded from profit or loss that will be reclassified to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss to ifrs-full_OtherComprehensiveIncomeBeforeTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:title="OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">Other comprehensive income, net of tax, cash flow hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:title="label: OtherComprehensiveIncomeNetOfTaxCashFlowHedges to ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl1">Other comprehensive income, net of tax, cash flow hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxCashFlowHedges to ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:label="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:title="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation to ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl1">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation to ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:label="OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome">Other comprehensive income, net of tax, financial assets measured 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="OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1">Other comprehensive income, net of tax, financial assets measured 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="OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome to ifrs-full_OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:title="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:title="label: OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl1">Other comprehensive income, net of tax, gains (losses) from investments in equity instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:label="OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:title="OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments">Net unrealized loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:title="label: OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl1">Other comprehensive income, net of tax, gains (losses) on hedging instruments that hedge investments in equity instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments to ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnHedgingInstrumentsThatHedgeInvestmentsInEquityInstruments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:title="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations">Net movement in hedges of net investments in foreign businesses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:title="label: OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations to ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl1">Other comprehensive income, net of tax, hedges of net investments in foreign operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations to ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:label="OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:title="OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss">Other reserves, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:title="label: OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss to ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1">Other comprehensive income, net of tax, insurance finance income (expenses) from insurance contracts issued excluded from profit or loss that will be reclassified to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss to ifrs-full_OtherComprehensiveIncomeNetOfTaxInsuranceFinanceIncomeExpensesFromInsuranceContractsIssuedExcludedFromProfitOrLossThatWillBeReclassifiedToProfitOrLoss_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:title="label: OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:title="label: OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:title="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax">Sub total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:title="label: OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl1">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl1" xlink:title="label: OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax to ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherExpenseByFunction" xlink:label="OtherExpenseByFunction" xlink:title="OtherExpenseByFunction" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="ifrs-full_OtherExpenseByFunction" xml:lang="en-US" id="ifrs-full_OtherExpenseByFunction">Total other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByFunction" xlink:to="ifrs-full_OtherExpenseByFunction" xlink:title="label: OtherExpenseByFunction to ifrs-full_OtherExpenseByFunction" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherExpenseByFunction_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherExpenseByFunction_lbl1" xml:lang="en-US" id="ifrs-full_OtherExpenseByFunction_lbl1">Other expense, by function</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseByFunction" xlink:to="ifrs-full_OtherExpenseByFunction_lbl1" xlink:title="label: OtherExpenseByFunction to ifrs-full_OtherExpenseByFunction_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherFeeAndCommissionIncome" xlink:label="OtherFeeAndCommissionIncome" xlink:title="OtherFeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherFeeAndCommissionIncome" xml:lang="en-US" id="ifrs-full_OtherFeeAndCommissionIncome">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFeeAndCommissionIncome" xlink:to="ifrs-full_OtherFeeAndCommissionIncome" xlink:title="label: OtherFeeAndCommissionIncome to ifrs-full_OtherFeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFeeAndCommissionIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherFeeAndCommissionIncome_lbl1" xml:lang="en-US" id="ifrs-full_OtherFeeAndCommissionIncome_lbl1">Other fee and commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFeeAndCommissionIncome" xlink:to="ifrs-full_OtherFeeAndCommissionIncome_lbl1" xlink:title="label: OtherFeeAndCommissionIncome to ifrs-full_OtherFeeAndCommissionIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherFinancialAssets" xlink:label="OtherFinancialAssets" xlink:title="OtherFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherFinancialAssets" xml:lang="en-US" id="ifrs-full_OtherFinancialAssets">Financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialAssets" xlink:to="ifrs-full_OtherFinancialAssets" xlink:title="label: OtherFinancialAssets to ifrs-full_OtherFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialAssets1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherFinancialAssets1" xml:lang="en-US" id="ifrs-full_OtherFinancialAssets1">Other assets, Note 12(a)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialAssets" xlink:to="ifrs-full_OtherFinancialAssets1" xlink:title="label: OtherFinancialAssets to ifrs-full_OtherFinancialAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherFinancialAssets_lbl2" xml:lang="en-US" id="ifrs-full_OtherFinancialAssets_lbl2">Other financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialAssets" xlink:to="ifrs-full_OtherFinancialAssets_lbl2" xlink:title="label: OtherFinancialAssets to ifrs-full_OtherFinancialAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherFinancialLiabilities" xlink:label="OtherFinancialLiabilities" xlink:title="OtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherFinancialLiabilities" xml:lang="en-US" id="ifrs-full_OtherFinancialLiabilities">Other financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilities" xlink:to="ifrs-full_OtherFinancialLiabilities" xlink:title="label: OtherFinancialLiabilities to ifrs-full_OtherFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialLiabilities1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherFinancialLiabilities1" xml:lang="en-US" id="ifrs-full_OtherFinancialLiabilities1">Other liabilities, Note 12(a)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilities" xlink:to="ifrs-full_OtherFinancialLiabilities1" xlink:title="label: OtherFinancialLiabilities to ifrs-full_OtherFinancialLiabilities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherFinancialLiabilities_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherFinancialLiabilities_lbl2" xml:lang="en-US" id="ifrs-full_OtherFinancialLiabilities_lbl2">Other financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilities" xlink:to="ifrs-full_OtherFinancialLiabilities_lbl2" xlink:title="label: OtherFinancialLiabilities to ifrs-full_OtherFinancialLiabilities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherIncome" xlink:label="OtherIncome" xlink:title="OtherIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherIncome" xml:lang="en-US" id="ifrs-full_OtherIncome">Total other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="ifrs-full_OtherIncome" xlink:title="label: OtherIncome to ifrs-full_OtherIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherIncome_lbl1" xml:lang="en-US" id="ifrs-full_OtherIncome_lbl1">Other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncome" xlink:to="ifrs-full_OtherIncome_lbl1" xlink:title="label: OtherIncome to ifrs-full_OtherIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="OtherIntangibleAssetsMember" xlink:title="OtherIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherIntangibleAssetsMember" xml:lang="en-US" id="ifrs-full_OtherIntangibleAssetsMember">Other [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsMember" xlink:to="ifrs-full_OtherIntangibleAssetsMember" xlink:title="label: OtherIntangibleAssetsMember to ifrs-full_OtherIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherIntangibleAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherIntangibleAssetsMember_lbl1" xml:lang="en-US" id="ifrs-full_OtherIntangibleAssetsMember_lbl1">Other intangible assets [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIntangibleAssetsMember" xlink:to="ifrs-full_OtherIntangibleAssetsMember_lbl1" xlink:title="label: OtherIntangibleAssetsMember to ifrs-full_OtherIntangibleAssetsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherLiabilities" xlink:label="OtherLiabilities" xlink:title="OtherLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherLiabilities" xml:lang="en-US" id="ifrs-full_OtherLiabilities">Total other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilities" xlink:to="ifrs-full_OtherLiabilities" xlink:title="label: OtherLiabilities to ifrs-full_OtherLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherLiabilities1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_OtherLiabilities1" xml:lang="en-US" id="ifrs-full_OtherLiabilities1">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilities" xlink:to="ifrs-full_OtherLiabilities1" xlink:title="label: OtherLiabilities to ifrs-full_OtherLiabilities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherLiabilities_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherLiabilities_lbl2" xml:lang="en-US" id="ifrs-full_OtherLiabilities_lbl2">Other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilities" xlink:to="ifrs-full_OtherLiabilities_lbl2" xlink:title="label: OtherLiabilities to ifrs-full_OtherLiabilities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherLongtermBenefits" xlink:label="OtherLongtermBenefits" xlink:title="OtherLongtermBenefits" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherLongtermBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherLongtermBenefits" xml:lang="en-US" id="ifrs-full_OtherLongtermBenefits">Bonuses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLongtermBenefits" xlink:to="ifrs-full_OtherLongtermBenefits" xlink:title="label: OtherLongtermBenefits to ifrs-full_OtherLongtermBenefits" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherNonfinancialAssets" xlink:label="OtherNonfinancialAssets" xlink:title="OtherNonfinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_OtherNonfinancialAssets" xml:lang="en-US" id="ifrs-full_OtherNonfinancialAssets">Others Non-financial Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonfinancialAssets" xlink:to="ifrs-full_OtherNonfinancialAssets" xlink:title="label: OtherNonfinancialAssets to ifrs-full_OtherNonfinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherNonfinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherNonfinancialAssets_lbl1" xml:lang="en-US" id="ifrs-full_OtherNonfinancialAssets_lbl1">Other non-financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonfinancialAssets" xlink:to="ifrs-full_OtherNonfinancialAssets_lbl1" xlink:title="label: OtherNonfinancialAssets to ifrs-full_OtherNonfinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherNonfinancialLiabilities" xlink:label="OtherNonfinancialLiabilities" xlink:title="OtherNonfinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherNonfinancialLiabilities" xml:lang="en-US" id="ifrs-full_OtherNonfinancialLiabilities">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonfinancialLiabilities" xlink:to="ifrs-full_OtherNonfinancialLiabilities" xlink:title="label: OtherNonfinancialLiabilities to ifrs-full_OtherNonfinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherNonfinancialLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherNonfinancialLiabilities_lbl1" xml:lang="en-US" id="ifrs-full_OtherNonfinancialLiabilities_lbl1">Other non-financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonfinancialLiabilities" xlink:to="ifrs-full_OtherNonfinancialLiabilities_lbl1" xlink:title="label: OtherNonfinancialLiabilities to ifrs-full_OtherNonfinancialLiabilities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherProvisions" xlink:label="OtherProvisions" xlink:title="OtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherProvisions" xml:lang="en-US" id="ifrs-full_OtherProvisions">Provision for sundry risks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="ifrs-full_OtherProvisions" xlink:title="label: OtherProvisions to ifrs-full_OtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherProvisions1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_OtherProvisions1" xml:lang="en-US" id="ifrs-full_OtherProvisions1">Balances at the end of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="ifrs-full_OtherProvisions1" xlink:title="label: OtherProvisions to ifrs-full_OtherProvisions1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherProvisions2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_OtherProvisions2" xml:lang="en-US" id="ifrs-full_OtherProvisions2">Balance at the beginning of the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="ifrs-full_OtherProvisions2" xlink:title="label: OtherProvisions to ifrs-full_OtherProvisions2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherProvisions_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherProvisions_lbl3" xml:lang="en-US" id="ifrs-full_OtherProvisions_lbl3">Other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisions" xlink:to="ifrs-full_OtherProvisions_lbl3" xlink:title="label: OtherProvisions to ifrs-full_OtherProvisions_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherProvisionsMember" xlink:label="OtherProvisionsMember" xlink:title="OtherProvisionsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherProvisionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherProvisionsMember" xml:lang="en-US" id="ifrs-full_OtherProvisionsMember">Other provisions [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherProvisionsMember" xlink:to="ifrs-full_OtherProvisionsMember" xlink:title="label: OtherProvisionsMember to ifrs-full_OtherProvisionsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherReserves" xlink:label="OtherReserves" xlink:title="OtherReserves" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherReserves" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_OtherReserves" xml:lang="en-US" id="ifrs-full_OtherReserves">Beginning Balances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="ifrs-full_OtherReserves" xlink:title="label: OtherReserves to ifrs-full_OtherReserves" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherReserves1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_OtherReserves1" xml:lang="en-US" id="ifrs-full_OtherReserves1">Ending Balances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="ifrs-full_OtherReserves1" xlink:title="label: OtherReserves to ifrs-full_OtherReserves1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherReserves_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherReserves_lbl2" xml:lang="en-US" id="ifrs-full_OtherReserves_lbl2">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReserves" xlink:to="ifrs-full_OtherReserves_lbl2" xlink:title="label: OtherReserves to ifrs-full_OtherReserves_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherReservesMember" xlink:label="OtherReservesMember" xlink:title="OtherReservesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherReservesMember" xml:lang="en-US" id="ifrs-full_OtherReservesMember">Other reserves [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember" xlink:title="label: OtherReservesMember to ifrs-full_OtherReservesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherReservesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherReservesMember_lbl1" xml:lang="en-US" id="ifrs-full_OtherReservesMember_lbl1">Other reserves [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherReservesMember" xlink:to="ifrs-full_OtherReservesMember_lbl1" xlink:title="label: OtherReservesMember to ifrs-full_OtherReservesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherRevenue" xlink:label="OtherRevenue" xlink:title="OtherRevenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherRevenue" xml:lang="en-US" id="ifrs-full_OtherRevenue">Other income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRevenue" xlink:to="ifrs-full_OtherRevenue" xlink:title="label: OtherRevenue to ifrs-full_OtherRevenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherRevenue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherRevenue_lbl1" xml:lang="en-US" id="ifrs-full_OtherRevenue_lbl1">Other revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRevenue" xlink:to="ifrs-full_OtherRevenue_lbl1" xlink:title="label: OtherRevenue to ifrs-full_OtherRevenue_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xml:lang="en-US" id="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">Differential rate on net profit and expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:title="label: OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome to ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl1" xml:lang="en-US" id="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl1">Other tax rate effects for reconciliation between accounting profit and tax expense (income)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl1" xlink:title="label: OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome to ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ParValuePerShare" xlink:label="ParValuePerShare" xlink:title="ParValuePerShare" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ParValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ParValuePerShare" xml:lang="en-US" id="ifrs-full_ParValuePerShare">Par value per share (in dollars per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare" xlink:title="label: ParValuePerShare to ifrs-full_ParValuePerShare" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:title="PaymentsFromChangesInOwnershipInterestsInSubsidiaries" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xml:lang="en-US" id="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries">Acquisition of non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:title="label: PaymentsFromChangesInOwnershipInterestsInSubsidiaries to ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_lbl1" xml:lang="en-US" id="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_lbl1">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_lbl1" xlink:title="label: PaymentsFromChangesInOwnershipInterestsInSubsidiaries to ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PercentageOfEntitysRevenue" xlink:label="PercentageOfEntitysRevenue" xlink:title="PercentageOfEntitysRevenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PercentageOfEntitysRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PercentageOfEntitysRevenue" xml:lang="en-US" id="ifrs-full_PercentageOfEntitysRevenue">Percentage of entity's revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEntitysRevenue" xlink:to="ifrs-full_PercentageOfEntitysRevenue" xlink:title="label: PercentageOfEntitysRevenue to ifrs-full_PercentageOfEntitysRevenue" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PerformanceObligationsAxis" xlink:label="PerformanceObligationsAxis" xlink:title="PerformanceObligationsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PerformanceObligationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PerformanceObligationsAxis" xml:lang="en-US" id="ifrs-full_PerformanceObligationsAxis">Performance obligations [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceObligationsAxis" xlink:to="ifrs-full_PerformanceObligationsAxis" xlink:title="label: PerformanceObligationsAxis to ifrs-full_PerformanceObligationsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PerformanceObligationsMember" xlink:label="PerformanceObligationsMember" xlink:title="PerformanceObligationsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PerformanceObligationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PerformanceObligationsMember" xml:lang="en-US" id="ifrs-full_PerformanceObligationsMember">Performance obligations [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceObligationsMember" xlink:to="ifrs-full_PerformanceObligationsMember" xlink:title="label: PerformanceObligationsMember to ifrs-full_PerformanceObligationsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember" xlink:label="PerformanceObligationsSatisfiedAtPointInTimeMember" xlink:title="PerformanceObligationsSatisfiedAtPointInTimeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember" xml:lang="en-US" id="ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember">At Point in Time [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceObligationsSatisfiedAtPointInTimeMember" xlink:to="ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember" xlink:title="label: PerformanceObligationsSatisfiedAtPointInTimeMember to ifrs-full_PerformanceObligationsSatisfiedAtPointInTimeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PerformanceObligationsSatisfiedOverTimeMember" xlink:label="PerformanceObligationsSatisfiedOverTimeMember" xlink:title="PerformanceObligationsSatisfiedOverTimeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PerformanceObligationsSatisfiedOverTimeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PerformanceObligationsSatisfiedOverTimeMember" xml:lang="en-US" id="ifrs-full_PerformanceObligationsSatisfiedOverTimeMember">Over Time [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PerformanceObligationsSatisfiedOverTimeMember" xlink:to="ifrs-full_PerformanceObligationsSatisfiedOverTimeMember" xlink:title="label: PerformanceObligationsSatisfiedOverTimeMember to ifrs-full_PerformanceObligationsSatisfiedOverTimeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PortfolioAndOtherManagementFeeIncome" xlink:label="PortfolioAndOtherManagementFeeIncome" xlink:title="PortfolioAndOtherManagementFeeIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PortfolioAndOtherManagementFeeIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PortfolioAndOtherManagementFeeIncome" xml:lang="en-US" id="ifrs-full_PortfolioAndOtherManagementFeeIncome">Funds and equity management</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioAndOtherManagementFeeIncome" xlink:to="ifrs-full_PortfolioAndOtherManagementFeeIncome" xlink:title="label: PortfolioAndOtherManagementFeeIncome to ifrs-full_PortfolioAndOtherManagementFeeIncome" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Prepayments" xlink:label="Prepayments" xlink:title="Prepayments" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Prepayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Prepayments" xml:lang="en-US" id="ifrs-full_Prepayments">Income tax prepayments, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Prepayments" xlink:to="ifrs-full_Prepayments" xlink:title="label: Prepayments to ifrs-full_Prepayments" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PreviouslyStatedMember" xlink:label="PreviouslyStatedMember" xlink:title="PreviouslyStatedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PreviouslyStatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PreviouslyStatedMember" xml:lang="en-US" id="ifrs-full_PreviouslyStatedMember">Previously stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PreviouslyStatedMember" xlink:to="ifrs-full_PreviouslyStatedMember" xlink:title="label: PreviouslyStatedMember to ifrs-full_PreviouslyStatedMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:label="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:title="ProceedsFromIssueOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xml:lang="en-US" id="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures">Senior notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" xlink:title="label: ProceedsFromIssueOfBondsNotesAndDebentures to ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures1" xml:lang="en-US" id="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures1">Issuance of bond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures1" xlink:title="label: ProceedsFromIssueOfBondsNotesAndDebentures to ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl2" xml:lang="en-US" id="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl2">Proceeds from issue of bonds, notes and debentures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssueOfBondsNotesAndDebentures" xlink:to="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl2" xlink:title="label: ProceedsFromIssueOfBondsNotesAndDebentures to ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US" id="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Revenue from sale of property, furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="label: ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities1" xml:lang="en-US" id="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities1">Proceeds from sales of land, building and property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities1" xlink:title="label: ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl2" xml:lang="en-US" id="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl2">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl2" xlink:title="label: ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="ProductsAndServicesAxis" xlink:title="ProductsAndServicesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProductsAndServicesAxis" xml:lang="en-US" id="ifrs-full_ProductsAndServicesAxis">Products and services [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesAxis" xlink:to="ifrs-full_ProductsAndServicesAxis" xlink:title="label: ProductsAndServicesAxis to ifrs-full_ProductsAndServicesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProductsAndServicesMember" xlink:label="ProductsAndServicesMember" xlink:title="ProductsAndServicesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProductsAndServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProductsAndServicesMember" xml:lang="en-US" id="ifrs-full_ProductsAndServicesMember">Products and services [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesMember" xlink:to="ifrs-full_ProductsAndServicesMember" xlink:title="label: ProductsAndServicesMember to ifrs-full_ProductsAndServicesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProductsAndServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProductsAndServicesMember_lbl1" xml:lang="en-US" id="ifrs-full_ProductsAndServicesMember_lbl1">Products and services [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProductsAndServicesMember" xlink:to="ifrs-full_ProductsAndServicesMember_lbl1" xlink:title="label: ProductsAndServicesMember to ifrs-full_ProductsAndServicesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfessionalFeesExpense" xlink:label="ProfessionalFeesExpense" xlink:title="ProfessionalFeesExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfessionalFeesExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProfessionalFeesExpense" xml:lang="en-US" id="ifrs-full_ProfessionalFeesExpense">Audit, consulting and professional fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense" xlink:title="label: ProfessionalFeesExpense to ifrs-full_ProfessionalFeesExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfessionalFeesExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfessionalFeesExpense_lbl1" xml:lang="en-US" id="ifrs-full_ProfessionalFeesExpense_lbl1">Professional fees expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfessionalFeesExpense" xlink:to="ifrs-full_ProfessionalFeesExpense_lbl1" xlink:title="label: ProfessionalFeesExpense to ifrs-full_ProfessionalFeesExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLoss" xlink:label="ProfitLoss" xlink:title="ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_ProfitLoss" xml:lang="en-US" id="ifrs-full_ProfitLoss">Net result after income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="ifrs-full_ProfitLoss" xlink:title="label: ProfitLoss to ifrs-full_ProfitLoss" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfitLoss1" xml:lang="en-US" id="ifrs-full_ProfitLoss1">Net profit for the year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="ifrs-full_ProfitLoss1" xlink:title="label: ProfitLoss to ifrs-full_ProfitLoss1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProfitLoss2" xml:lang="en-US" id="ifrs-full_ProfitLoss2">Net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="ifrs-full_ProfitLoss2" xlink:title="label: ProfitLoss to ifrs-full_ProfitLoss2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLoss3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProfitLoss3" xml:lang="en-US" id="ifrs-full_ProfitLoss3">Net profit (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLoss" xlink:to="ifrs-full_ProfitLoss3" xlink:title="label: ProfitLoss to ifrs-full_ProfitLoss3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToAbstract" xlink:label="ProfitLossAttributableToAbstract" xlink:title="ProfitLossAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProfitLossAttributableToAbstract" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToAbstract">Attributable to:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToAbstract" xlink:to="ifrs-full_ProfitLossAttributableToAbstract" xlink:title="label: ProfitLossAttributableToAbstract to ifrs-full_ProfitLossAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfitLossAttributableToAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToAbstract_lbl1">Profit (loss), attributable to [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToAbstract" xlink:to="ifrs-full_ProfitLossAttributableToAbstract_lbl1" xlink:title="label: ProfitLossAttributableToAbstract to ifrs-full_ProfitLossAttributableToAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ProfitLossAttributableToNoncontrollingInterests" xlink:title="ProfitLossAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToNoncontrollingInterests">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:title="label: ProfitLossAttributableToNoncontrollingInterests to ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl1" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl1">Profit (loss), attributable to non-controlling interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl1" xlink:title="label: ProfitLossAttributableToNoncontrollingInterests to ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ProfitLossAttributableToOwnersOfParent" xlink:title="ProfitLossAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProfitLossAttributableToOwnersOfParent" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToOwnersOfParent">Credicorp's equity holders</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:title="label: ProfitLossAttributableToOwnersOfParent to ifrs-full_ProfitLossAttributableToOwnersOfParent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProfitLossAttributableToOwnersOfParent1" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToOwnersOfParent1">Net income attributable to equity holders of Credicorp</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent1" xlink:title="label: ProfitLossAttributableToOwnersOfParent to ifrs-full_ProfitLossAttributableToOwnersOfParent1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl2" xml:lang="en-US" id="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl2">Profit (loss), attributable to owners of parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl2" xlink:title="label: ProfitLossAttributableToOwnersOfParent to ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ProfitLossBeforeTax" xlink:title="ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_ProfitLossBeforeTax" xml:lang="en-US" id="ifrs-full_ProfitLossBeforeTax">Net result before income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax" xlink:title="label: ProfitLossBeforeTax to ifrs-full_ProfitLossBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProfitLossBeforeTax_lbl1" xml:lang="en-US" id="ifrs-full_ProfitLossBeforeTax_lbl1">Profit (loss) before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl1" xlink:title="label: ProfitLossBeforeTax to ifrs-full_ProfitLossBeforeTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyDevelopmentAndProjectManagementExpense" xlink:label="PropertyDevelopmentAndProjectManagementExpense" xlink:title="PropertyDevelopmentAndProjectManagementExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyDevelopmentAndProjectManagementExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_PropertyDevelopmentAndProjectManagementExpense" xml:lang="en-US" id="ifrs-full_PropertyDevelopmentAndProjectManagementExpense">Expenses on improvements in building for rent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyDevelopmentAndProjectManagementExpense" xlink:to="ifrs-full_PropertyDevelopmentAndProjectManagementExpense" xlink:title="label: PropertyDevelopmentAndProjectManagementExpense to ifrs-full_PropertyDevelopmentAndProjectManagementExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyDevelopmentAndProjectManagementExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PropertyDevelopmentAndProjectManagementExpense_lbl1" xml:lang="en-US" id="ifrs-full_PropertyDevelopmentAndProjectManagementExpense_lbl1">Property development and project management expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyDevelopmentAndProjectManagementExpense" xlink:to="ifrs-full_PropertyDevelopmentAndProjectManagementExpense_lbl1" xlink:title="label: PropertyDevelopmentAndProjectManagementExpense to ifrs-full_PropertyDevelopmentAndProjectManagementExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="PropertyPlantAndEquipment" xlink:title="PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_PropertyPlantAndEquipment" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipment">Balance Ending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment" xlink:title="label: PropertyPlantAndEquipment to ifrs-full_PropertyPlantAndEquipment" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment1" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_PropertyPlantAndEquipment1" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipment1">Balance Beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment1" xlink:title="label: PropertyPlantAndEquipment to ifrs-full_PropertyPlantAndEquipment1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_PropertyPlantAndEquipment2" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipment2">Net carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment2" xlink:title="label: PropertyPlantAndEquipment to ifrs-full_PropertyPlantAndEquipment2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PropertyPlantAndEquipment3" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipment3">Property, plant and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment3" xlink:title="label: PropertyPlantAndEquipment to ifrs-full_PropertyPlantAndEquipment3" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_PropertyPlantAndEquipment4" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipment4">Property, furniture and equipment, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment4" xlink:title="label: PropertyPlantAndEquipment to ifrs-full_PropertyPlantAndEquipment4" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="PropertyPlantAndEquipmentMember" xlink:title="PropertyPlantAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_PropertyPlantAndEquipmentMember" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipmentMember">Property, Plant and Equipment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentMember" xlink:title="label: PropertyPlantAndEquipmentMember to ifrs-full_PropertyPlantAndEquipmentMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PropertyPlantAndEquipmentMember1" xml:lang="en-US" id="ifrs-full_PropertyPlantAndEquipmentMember1">Property, plant and equipment [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyPlantAndEquipmentMember" xlink:to="ifrs-full_PropertyPlantAndEquipmentMember1" xlink:title="label: PropertyPlantAndEquipmentMember to ifrs-full_PropertyPlantAndEquipmentMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="ProportionOfOwnershipInterestInSubsidiary" xlink:title="ProportionOfOwnershipInterestInSubsidiary" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xml:lang="en-US" id="ifrs-full_ProportionOfOwnershipInterestInSubsidiary">Percentage of interest (direct and indirect)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:title="label: ProportionOfOwnershipInterestInSubsidiary to ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl1" xml:lang="en-US" id="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl1">Proportion of ownership interest in subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl1" xlink:title="label: ProportionOfOwnershipInterestInSubsidiary to ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProvisionUsedOtherProvisions" xlink:label="ProvisionUsedOtherProvisions" xlink:title="ProvisionUsedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ProvisionUsedOtherProvisions" xml:lang="en-US" id="ifrs-full_ProvisionUsedOtherProvisions">Provision, note 25</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions" xlink:title="label: ProvisionUsedOtherProvisions to ifrs-full_ProvisionUsedOtherProvisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProvisionUsedOtherProvisions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProvisionUsedOtherProvisions_lbl1" xml:lang="en-US" id="ifrs-full_ProvisionUsedOtherProvisions_lbl1">Provision used, other provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionUsedOtherProvisions" xlink:to="ifrs-full_ProvisionUsedOtherProvisions_lbl1" xlink:title="label: ProvisionUsedOtherProvisions to ifrs-full_ProvisionUsedOtherProvisions_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Provisions" xlink:label="Provisions" xlink:title="Provisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_Provisions" xml:lang="en-US" id="ifrs-full_Provisions">Allowance for loan losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Provisions" xlink:to="ifrs-full_Provisions" xlink:title="label: Provisions to ifrs-full_Provisions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Provisions1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_Provisions1" xml:lang="en-US" id="ifrs-full_Provisions1">Less: Allowance for loan losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Provisions" xlink:to="ifrs-full_Provisions1" xlink:title="label: Provisions to ifrs-full_Provisions1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Provisions_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Provisions_lbl2" xml:lang="en-US" id="ifrs-full_Provisions_lbl2">Provisions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Provisions" xlink:to="ifrs-full_Provisions_lbl2" xlink:title="label: Provisions to ifrs-full_Provisions_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:label="ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:title="ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xml:lang="en-US" id="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction">Allowance for loan losses for related parties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:to="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:title="label: ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction to ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction_lbl1" xml:lang="en-US" id="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction_lbl1">Provisions for doubtful debts related to outstanding balances of related party transaction</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction" xlink:to="ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction_lbl1" xlink:title="label: ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction to ifrs-full_ProvisionsForDoubtfulDebtsRelatedToOutstandingBalancesOfRelatedPartyTransaction_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xml:lang="en-US" id="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">Purchase of intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:title="label: PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" id="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1">Purchase of intangible assets, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" xlink:title="label: PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities to ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfInvestmentProperty" xlink:label="PurchaseOfInvestmentProperty" xlink:title="PurchaseOfInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_PurchaseOfInvestmentProperty" xml:lang="en-US" id="ifrs-full_PurchaseOfInvestmentProperty">Purchase of investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentProperty" xlink:to="ifrs-full_PurchaseOfInvestmentProperty" xlink:title="label: PurchaseOfInvestmentProperty to ifrs-full_PurchaseOfInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PurchaseOfInvestmentProperty_lbl1" xml:lang="en-US" id="ifrs-full_PurchaseOfInvestmentProperty_lbl1">Purchase of investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentProperty" xlink:to="ifrs-full_PurchaseOfInvestmentProperty_lbl1" xlink:title="label: PurchaseOfInvestmentProperty to ifrs-full_PurchaseOfInvestmentProperty_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xml:lang="en-US" id="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">Purchase of property, furniture and equipment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:title="label: PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" xml:lang="en-US" id="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" xlink:title="label: PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities to ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="PurchaseOfTreasuryShares" xlink:title="PurchaseOfTreasuryShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_PurchaseOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_PurchaseOfTreasuryShares" xml:lang="en-US" id="ifrs-full_PurchaseOfTreasuryShares">Purchase of treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfTreasuryShares" xlink:to="ifrs-full_PurchaseOfTreasuryShares" xlink:title="label: PurchaseOfTreasuryShares to ifrs-full_PurchaseOfTreasuryShares" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RangeAxis" xlink:label="RangeAxis" xlink:title="RangeAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RangeAxis" xml:lang="en-US" id="ifrs-full_RangeAxis">Range [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeAxis" xlink:to="ifrs-full_RangeAxis" xlink:title="label: RangeAxis to ifrs-full_RangeAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RangeAxis1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RangeAxis1" xml:lang="en-US" id="ifrs-full_RangeAxis1">Range [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangeAxis" xlink:to="ifrs-full_RangeAxis1" xlink:title="label: RangeAxis to ifrs-full_RangeAxis1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RangesMember" xlink:label="RangesMember" xlink:title="RangesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RangesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RangesMember" xml:lang="en-US" id="ifrs-full_RangesMember">Ranges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangesMember" xlink:to="ifrs-full_RangesMember" xlink:title="label: RangesMember to ifrs-full_RangesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RangesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RangesMember1" xml:lang="en-US" id="ifrs-full_RangesMember1">Ranges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RangesMember" xlink:to="ifrs-full_RangesMember1" xlink:title="label: RangesMember to ifrs-full_RangesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:label="ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:title="ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax">Transfer to results of the net realized loss of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:title="label: ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax to ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax_lbl1">Reclassification adjustments on available-for-sale financial assets, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax_lbl1" xlink:title="label: ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax to ifrs-full_ReclassificationAdjustmentsOnAvailableforsaleFinancialAssetsNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:title="ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax">Transfer of net realized gain on cash flow hedges derivatives to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:title="label: ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax to ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax1" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax1">Transfer of net realized gain on cash flow hedges derivatives to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax1" xlink:title="label: ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax to ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl2" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl2">Reclassification adjustments on cash flow hedges, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl2" xlink:title="label: ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax to ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:label="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax">Income tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:title="label: ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax to ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_lbl1" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_lbl1">Reclassification adjustments on exchange differences on translation of foreign operations, before tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_lbl1" xlink:title="label: ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax to ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax">Net movement in hedges of net investments in foreign businesses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:title="label: ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax to ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl1" xml:lang="en-US" id="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl1">Reclassification adjustments on exchange differences on translation of foreign operations, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl1" xlink:title="label: ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax to ifrs-full_ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationNetOfTax_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:label="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:title="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xml:lang="en-US" id="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract">Decrease (Increase) in the statutory tax rate due to [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:to="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:title="label: ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract to ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract_lbl1">Reconciliation of accounting profit multiplied by applicable tax rates [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract" xlink:to="ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract_lbl1" xlink:title="label: ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract to ifrs-full_ReconciliationOfAccountingProfitMultipliedByApplicableTaxRatesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xlink:label="ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xlink:title="ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xml:lang="en-US" id="ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract">Decrease (Increase) in the statutory tax rate due to [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xlink:to="ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" xlink:title="label: ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract to ifrs-full_ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:label="ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:title="ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xml:lang="en-US" id="ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract">Movement in Allowance for Loan loss for Direct and Indirect Loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" xlink:title="label: ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract to ifrs-full_ReconciliationOfChangesInAllowanceAccountForCreditLossesOfFinancialAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xlink:label="ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xlink:title="ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xml:lang="en-US" id="ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract">Reconciliation of changes in intangible assets other than goodwill [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" xlink:title="label: ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract to ifrs-full_ReconciliationOfChangesInIntangibleAssetsOtherThanGoodwillAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:label="ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:title="ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xml:lang="en-US" id="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract">Movement of Property, Furniture and Equipment and Accumulated Depreciation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:title="label: ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract to ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_lbl1" xml:lang="en-US" id="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_lbl1">Reconciliation of changes in property, plant and equipment [abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_lbl1" xlink:title="label: ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract to ifrs-full_ReconciliationOfChangesInPropertyPlantAndEquipmentAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReinsuranceContractsHeldMember" xlink:label="ReinsuranceContractsHeldMember" xlink:title="ReinsuranceContractsHeldMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReinsuranceContractsHeldMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReinsuranceContractsHeldMember" xml:lang="en-US" id="ifrs-full_ReinsuranceContractsHeldMember">Reinsurance Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractsHeldMember" xlink:to="ifrs-full_ReinsuranceContractsHeldMember" xlink:title="label: ReinsuranceContractsHeldMember to ifrs-full_ReinsuranceContractsHeldMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReinsuranceContractsHeldMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ReinsuranceContractsHeldMember1" xml:lang="en-US" id="ifrs-full_ReinsuranceContractsHeldMember1">Premiums Ceded to Reinsurers and Co-insurers, Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractsHeldMember" xlink:to="ifrs-full_ReinsuranceContractsHeldMember1" xlink:title="label: ReinsuranceContractsHeldMember to ifrs-full_ReinsuranceContractsHeldMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReinsuranceContractsHeldMember2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReinsuranceContractsHeldMember2" xml:lang="en-US" id="ifrs-full_ReinsuranceContractsHeldMember2">Ceded Claims [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractsHeldMember" xlink:to="ifrs-full_ReinsuranceContractsHeldMember2" xlink:title="label: ReinsuranceContractsHeldMember to ifrs-full_ReinsuranceContractsHeldMember2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReinsuranceContractsHeldThatAreAssets" xlink:label="ReinsuranceContractsHeldThatAreAssets" xlink:title="ReinsuranceContractsHeldThatAreAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReinsuranceContractsHeldThatAreAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReinsuranceContractsHeldThatAreAssets" xml:lang="en-US" id="ifrs-full_ReinsuranceContractsHeldThatAreAssets">Reinsurance contract assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractsHeldThatAreAssets" xlink:to="ifrs-full_ReinsuranceContractsHeldThatAreAssets" xlink:title="label: ReinsuranceContractsHeldThatAreAssets to ifrs-full_ReinsuranceContractsHeldThatAreAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReinsuranceContractsHeldThatAreAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReinsuranceContractsHeldThatAreAssets_lbl1" xml:lang="en-US" id="ifrs-full_ReinsuranceContractsHeldThatAreAssets_lbl1">Reinsurance contracts held that are assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractsHeldThatAreAssets" xlink:to="ifrs-full_ReinsuranceContractsHeldThatAreAssets_lbl1" xlink:title="label: ReinsuranceContractsHeldThatAreAssets to ifrs-full_ReinsuranceContractsHeldThatAreAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RelatedPartiesMember" xlink:label="RelatedPartiesMember" xlink:title="RelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RelatedPartiesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RelatedPartiesMember" xml:lang="en-US" id="ifrs-full_RelatedPartiesMember">Related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartiesMember" xlink:to="ifrs-full_RelatedPartiesMember" xlink:title="label: RelatedPartiesMember to ifrs-full_RelatedPartiesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RelatedPartiesMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RelatedPartiesMember1" xml:lang="en-US" id="ifrs-full_RelatedPartiesMember1">Related Parties [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartiesMember" xlink:to="ifrs-full_RelatedPartiesMember1" xlink:title="label: RelatedPartiesMember to ifrs-full_RelatedPartiesMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RelatedPartiesMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RelatedPartiesMember_lbl2" xml:lang="en-US" id="ifrs-full_RelatedPartiesMember_lbl2">Related parties [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartiesMember" xlink:to="ifrs-full_RelatedPartiesMember_lbl2" xlink:title="label: RelatedPartiesMember to ifrs-full_RelatedPartiesMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RelatedPartyTransactionsAbstract" xlink:label="RelatedPartyTransactionsAbstract" xlink:title="RelatedPartyTransactionsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RelatedPartyTransactionsAbstract" xml:lang="en-US" id="ifrs-full_RelatedPartyTransactionsAbstract">TRANSACTIONS AND BALANCES WITH RELATED PARTIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyTransactionsAbstract" xlink:to="ifrs-full_RelatedPartyTransactionsAbstract" xlink:title="label: RelatedPartyTransactionsAbstract to ifrs-full_RelatedPartyTransactionsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RentalIncome" xlink:label="RentalIncome" xlink:title="RentalIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RentalIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RentalIncome" xml:lang="en-US" id="ifrs-full_RentalIncome">Rental income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalIncome" xlink:to="ifrs-full_RentalIncome" xlink:title="label: RentalIncome to ifrs-full_RentalIncome" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RentalIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RentalIncome_lbl1" xml:lang="en-US" id="ifrs-full_RentalIncome_lbl1">Rental income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalIncome" xlink:to="ifrs-full_RentalIncome_lbl1" xlink:title="label: RentalIncome to ifrs-full_RentalIncome_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RepairsAndMaintenanceExpense" xlink:label="RepairsAndMaintenanceExpense" xlink:title="RepairsAndMaintenanceExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepairsAndMaintenanceExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RepairsAndMaintenanceExpense" xml:lang="en-US" id="ifrs-full_RepairsAndMaintenanceExpense">Repair and maintenance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense" xlink:title="label: RepairsAndMaintenanceExpense to ifrs-full_RepairsAndMaintenanceExpense" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepairsAndMaintenanceExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RepairsAndMaintenanceExpense_lbl1" xml:lang="en-US" id="ifrs-full_RepairsAndMaintenanceExpense_lbl1">Repairs and maintenance expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepairsAndMaintenanceExpense" xlink:to="ifrs-full_RepairsAndMaintenanceExpense_lbl1" xlink:title="label: RepairsAndMaintenanceExpense to ifrs-full_RepairsAndMaintenanceExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReportingYearMember" xlink:label="ReportingYearMember" xlink:title="ReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReportingYearMember" xml:lang="en-US" id="ifrs-full_ReportingYearMember">2022/2023 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReportingYearMember" xlink:to="ifrs-full_ReportingYearMember" xlink:title="label: ReportingYearMember to ifrs-full_ReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:label="RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:title="RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xml:lang="en-US" id="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent">Payables from repurchase agreements and securities lending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:title="label: RepurchaseAgreementsAndCashCollateralOnSecuritiesLent to ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent1" xml:lang="en-US" id="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent1">Payables from repurchase agreements and securities lending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent1" xlink:title="label: RepurchaseAgreementsAndCashCollateralOnSecuritiesLent to ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl2" xml:lang="en-US" id="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl2">Repurchase agreements and cash collateral on securities lent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementsAndCashCollateralOnSecuritiesLent" xlink:to="ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl2" xlink:title="label: RepurchaseAgreementsAndCashCollateralOnSecuritiesLent to ifrs-full_RepurchaseAgreementsAndCashCollateralOnSecuritiesLent_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReserveOfCashFlowHedgesMember" xlink:label="ReserveOfCashFlowHedgesMember" xlink:title="ReserveOfCashFlowHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ReserveOfCashFlowHedgesMember" xml:lang="en-US" id="ifrs-full_ReserveOfCashFlowHedgesMember">Cash Flow Hedge Reserve [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfCashFlowHedgesMember" xlink:to="ifrs-full_ReserveOfCashFlowHedgesMember" xlink:title="label: ReserveOfCashFlowHedgesMember to ifrs-full_ReserveOfCashFlowHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfCashFlowHedgesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReserveOfCashFlowHedgesMember1" xml:lang="en-US" id="ifrs-full_ReserveOfCashFlowHedgesMember1">Reserve for Cash Flow Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfCashFlowHedgesMember" xlink:to="ifrs-full_ReserveOfCashFlowHedgesMember1" xlink:title="label: ReserveOfCashFlowHedgesMember to ifrs-full_ReserveOfCashFlowHedgesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:label="ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xml:lang="en-US" id="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember">Foreign Currency Translation Reserve [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:title="label: ReserveOfExchangeDifferencesOnTranslationMember to ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember1" xml:lang="en-US" id="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember1">Foreign Currency Translation Reserve [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember1" xlink:title="label: ReserveOfExchangeDifferencesOnTranslationMember to ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl2" xml:lang="en-US" id="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl2">Reserve of exchange differences on translation [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl2" xlink:title="label: ReserveOfExchangeDifferencesOnTranslationMember to ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:label="ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:title="ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xml:lang="en-US" id="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember">Investments in Equity Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:to="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:title="label: ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember to ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember1" xml:lang="en-US" id="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember1">Equity Instruments at Fair Value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:to="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember1" xlink:title="label: ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember to ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_lbl2" xml:lang="en-US" id="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_lbl2">Reserve of gains and losses from investments in equity instruments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:to="ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_lbl2" xlink:title="label: ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember to ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReservesWithinEquityAxis" xlink:label="ReservesWithinEquityAxis" xlink:title="ReservesWithinEquityAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReservesWithinEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReservesWithinEquityAxis" xml:lang="en-US" id="ifrs-full_ReservesWithinEquityAxis">Reserves within equity [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReservesWithinEquityAxis" xlink:to="ifrs-full_ReservesWithinEquityAxis" xlink:title="label: ReservesWithinEquityAxis to ifrs-full_ReservesWithinEquityAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RestatedMember" xlink:label="RestatedMember" xlink:title="RestatedMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RestatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RestatedMember" xml:lang="en-US" id="ifrs-full_RestatedMember">Currently stated [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestatedMember" xlink:to="ifrs-full_RestatedMember" xlink:title="label: RestatedMember to ifrs-full_RestatedMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RestrictedCashAndCashEquivalents" xlink:label="RestrictedCashAndCashEquivalents" xlink:title="RestrictedCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RestrictedCashAndCashEquivalents" xml:lang="en-US" id="ifrs-full_RestrictedCashAndCashEquivalents">Restricted funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedCashAndCashEquivalents" xlink:to="ifrs-full_RestrictedCashAndCashEquivalents" xlink:title="label: RestrictedCashAndCashEquivalents to ifrs-full_RestrictedCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RestrictedCashAndCashEquivalents_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RestrictedCashAndCashEquivalents_lbl1" xml:lang="en-US" id="ifrs-full_RestrictedCashAndCashEquivalents_lbl1">Restricted cash and cash equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedCashAndCashEquivalents" xlink:to="ifrs-full_RestrictedCashAndCashEquivalents_lbl1" xlink:title="label: RestrictedCashAndCashEquivalents to ifrs-full_RestrictedCashAndCashEquivalents_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RetainedEarnings" xlink:label="RetainedEarnings" xlink:title="RetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RetainedEarnings" xml:lang="en-US" id="ifrs-full_RetainedEarnings">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings" xlink:title="label: RetainedEarnings to ifrs-full_RetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RetainedEarnings_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RetainedEarnings_lbl1" xml:lang="en-US" id="ifrs-full_RetainedEarnings_lbl1">Retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl1" xlink:title="label: RetainedEarnings to ifrs-full_RetainedEarnings_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RetainedEarningsMember" xlink:label="RetainedEarningsMember" xlink:title="RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RetainedEarningsMember" xml:lang="en-US" id="ifrs-full_RetainedEarningsMember">Retained Earnings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember" xlink:title="label: RetainedEarningsMember to ifrs-full_RetainedEarningsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RetainedEarningsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RetainedEarningsMember_lbl1" xml:lang="en-US" id="ifrs-full_RetainedEarningsMember_lbl1">Retained earnings [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl1" xlink:title="label: RetainedEarningsMember to ifrs-full_RetainedEarningsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:label="RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:title="RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xml:lang="en-US" id="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis">Retrospective application and retrospective restatement [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:to="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" xlink:title="label: RetrospectiveApplicationAndRetrospectiveRestatementAxis to ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_Revenue" xlink:label="Revenue" xlink:title="Revenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_Revenue" xml:lang="en-US" id="ifrs-full_Revenue">Total income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="ifrs-full_Revenue" xlink:title="label: Revenue to ifrs-full_Revenue" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_Revenue_lbl1" xml:lang="en-US" id="ifrs-full_Revenue_lbl1">Revenue</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Revenue" xlink:to="ifrs-full_Revenue_lbl1" xlink:title="label: Revenue to ifrs-full_Revenue_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueFromInterest" xlink:label="RevenueFromInterest" xlink:title="RevenueFromInterest" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RevenueFromInterest" xml:lang="en-US" id="ifrs-full_RevenueFromInterest">Interest and similar income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest" xlink:title="label: RevenueFromInterest to ifrs-full_RevenueFromInterest" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromInterest1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="ifrs-full_RevenueFromInterest1" xml:lang="en-US" id="ifrs-full_RevenueFromInterest1">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest1" xlink:title="label: RevenueFromInterest to ifrs-full_RevenueFromInterest1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromInterest_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RevenueFromInterest_lbl2" xml:lang="en-US" id="ifrs-full_RevenueFromInterest_lbl2">Interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterest" xlink:to="ifrs-full_RevenueFromInterest_lbl2" xlink:title="label: RevenueFromInterest to ifrs-full_RevenueFromInterest_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RevenueFromRenderingOfServices" xlink:label="RevenueFromRenderingOfServices" xlink:title="RevenueFromRenderingOfServices" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RevenueFromRenderingOfServices" xml:lang="en-US" id="ifrs-full_RevenueFromRenderingOfServices">Net results from sale of loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromRenderingOfServices" xlink:to="ifrs-full_RevenueFromRenderingOfServices" xlink:title="label: RevenueFromRenderingOfServices to ifrs-full_RevenueFromRenderingOfServices" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xml:lang="en-US" id="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets">Written off and forgivens</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:title="label: ReversalAllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets1" xml:lang="en-US" id="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets1">Write off and forgiven loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets1" xlink:title="label: ReversalAllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl2" xml:lang="en-US" id="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl2">Reversal, allowance account for credit losses of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl2" xlink:title="label: ReversalAllowanceAccountForCreditLossesOfFinancialAssets to ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:label="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:title="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xml:lang="en-US" id="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed">Cash collateral, reverse repurchase agreements and securities borrowing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed to ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed1" xml:lang="en-US" id="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed1">Reverse repurchase agreements and cash collateral on securities borrowed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed1" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed to ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed2" xml:lang="en-US" id="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed2">Cash collateral, reverse repurchase agreements and securities borrowings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed" xlink:to="ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed2" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed to ifrs-full_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowed2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RightofuseAssets" xlink:label="RightofuseAssets" xlink:title="RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="ifrs-full_RightofuseAssets" xml:lang="en-US" id="ifrs-full_RightofuseAssets">Balance at the beginning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets" xlink:title="label: RightofuseAssets to ifrs-full_RightofuseAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="ifrs-full_RightofuseAssets1" xml:lang="en-US" id="ifrs-full_RightofuseAssets1">Balance at the end</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets1" xlink:title="label: RightofuseAssets to ifrs-full_RightofuseAssets1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_RightofuseAssets2" xml:lang="en-US" id="ifrs-full_RightofuseAssets2">Right-of-use assets, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets2" xlink:title="label: RightofuseAssets to ifrs-full_RightofuseAssets2" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RightofuseAssets_lbl3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RightofuseAssets_lbl3" xml:lang="en-US" id="ifrs-full_RightofuseAssets_lbl3">Right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl3" xlink:title="label: RightofuseAssets to ifrs-full_RightofuseAssets_lbl3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RiskAdjustmentForNonfinancialRiskMember" xlink:label="RiskAdjustmentForNonfinancialRiskMember" xlink:title="RiskAdjustmentForNonfinancialRiskMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskAdjustmentForNonfinancialRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RiskAdjustmentForNonfinancialRiskMember" xml:lang="en-US" id="ifrs-full_RiskAdjustmentForNonfinancialRiskMember">Risk Adjustment for Non-financial Risk [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskAdjustmentForNonfinancialRiskMember" xlink:to="ifrs-full_RiskAdjustmentForNonfinancialRiskMember" xlink:title="label: RiskAdjustmentForNonfinancialRiskMember to ifrs-full_RiskAdjustmentForNonfinancialRiskMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskAdjustmentForNonfinancialRiskMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RiskAdjustmentForNonfinancialRiskMember1" xml:lang="en-US" id="ifrs-full_RiskAdjustmentForNonfinancialRiskMember1">Risk Adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskAdjustmentForNonfinancialRiskMember" xlink:to="ifrs-full_RiskAdjustmentForNonfinancialRiskMember1" xlink:title="label: RiskAdjustmentForNonfinancialRiskMember to ifrs-full_RiskAdjustmentForNonfinancialRiskMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RiskDiversificationEffectMember" xlink:label="RiskDiversificationEffectMember" xlink:title="RiskDiversificationEffectMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskDiversificationEffectMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RiskDiversificationEffectMember" xml:lang="en-US" id="ifrs-full_RiskDiversificationEffectMember">Diversification Effect [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskDiversificationEffectMember" xlink:to="ifrs-full_RiskDiversificationEffectMember" xlink:title="label: RiskDiversificationEffectMember to ifrs-full_RiskDiversificationEffectMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RiskExposuresAxis" xlink:label="RiskExposuresAxis" xlink:title="RiskExposuresAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskExposuresAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RiskExposuresAxis" xml:lang="en-US" id="ifrs-full_RiskExposuresAxis">Risk exposures [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskExposuresAxis" xlink:to="ifrs-full_RiskExposuresAxis" xlink:title="label: RiskExposuresAxis to ifrs-full_RiskExposuresAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_RiskExposuresMember" xlink:label="RiskExposuresMember" xlink:title="RiskExposuresMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskExposuresMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_RiskExposuresMember" xml:lang="en-US" id="ifrs-full_RiskExposuresMember">Risk exposures [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskExposuresMember" xlink:to="ifrs-full_RiskExposuresMember" xlink:title="label: RiskExposuresMember to ifrs-full_RiskExposuresMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_RiskExposuresMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_RiskExposuresMember_lbl1" xml:lang="en-US" id="ifrs-full_RiskExposuresMember_lbl1">Risk variables [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RiskExposuresMember" xlink:to="ifrs-full_RiskExposuresMember_lbl1" xlink:title="label: RiskExposuresMember to ifrs-full_RiskExposuresMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SegmentConsolidationItemsAxis" xlink:label="SegmentConsolidationItemsAxis" xlink:title="SegmentConsolidationItemsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SegmentConsolidationItemsAxis" xml:lang="en-US" id="ifrs-full_SegmentConsolidationItemsAxis">Segment consolidation items [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentConsolidationItemsAxis" xlink:to="ifrs-full_SegmentConsolidationItemsAxis" xlink:title="label: SegmentConsolidationItemsAxis to ifrs-full_SegmentConsolidationItemsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SegmentsAxis" xlink:label="SegmentsAxis" xlink:title="SegmentsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SegmentsAxis" xml:lang="en-US" id="ifrs-full_SegmentsAxis">Segments [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis" xlink:title="label: SegmentsAxis to ifrs-full_SegmentsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SegmentsMember" xlink:label="SegmentsMember" xlink:title="SegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_SegmentsMember" xml:lang="en-US" id="ifrs-full_SegmentsMember">Segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsMember" xlink:to="ifrs-full_SegmentsMember" xlink:title="label: SegmentsMember to ifrs-full_SegmentsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SegmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SegmentsMember_lbl1" xml:lang="en-US" id="ifrs-full_SegmentsMember_lbl1">Segments [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentsMember" xlink:to="ifrs-full_SegmentsMember_lbl1" xlink:title="label: SegmentsMember to ifrs-full_SegmentsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SevenYearsBeforeReportingYearMember" xlink:label="SevenYearsBeforeReportingYearMember" xlink:title="SevenYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SevenYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SevenYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_SevenYearsBeforeReportingYearMember">2015/2016 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SevenYearsBeforeReportingYearMember" xlink:to="ifrs-full_SevenYearsBeforeReportingYearMember" xlink:title="label: SevenYearsBeforeReportingYearMember to ifrs-full_SevenYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SharePremium" xlink:label="SharePremium" xlink:title="SharePremium" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SharePremium" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_SharePremium" xml:lang="en-US" id="ifrs-full_SharePremium">Capital surplus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremium" xlink:to="ifrs-full_SharePremium" xlink:title="label: SharePremium to ifrs-full_SharePremium" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SharePremium_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SharePremium_lbl1" xml:lang="en-US" id="ifrs-full_SharePremium_lbl1">Share premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremium" xlink:to="ifrs-full_SharePremium_lbl1" xlink:title="label: SharePremium to ifrs-full_SharePremium_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SharePremiumMember" xlink:label="SharePremiumMember" xlink:title="SharePremiumMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SharePremiumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_SharePremiumMember" xml:lang="en-US" id="ifrs-full_SharePremiumMember">Capital Surplus [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember" xlink:title="label: SharePremiumMember to ifrs-full_SharePremiumMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SharePremiumMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SharePremiumMember_lbl1" xml:lang="en-US" id="ifrs-full_SharePremiumMember_lbl1">Share premium [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharePremiumMember" xlink:to="ifrs-full_SharePremiumMember_lbl1" xlink:title="label: SharePremiumMember to ifrs-full_SharePremiumMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="SignificantInvestmentsInAssociatesAxis" xlink:title="SignificantInvestmentsInAssociatesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SignificantInvestmentsInAssociatesAxis" xml:lang="en-US" id="ifrs-full_SignificantInvestmentsInAssociatesAxis">Associates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:title="label: SignificantInvestmentsInAssociatesAxis to ifrs-full_SignificantInvestmentsInAssociatesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="SignificantInvestmentsInSubsidiariesAxis" xlink:title="SignificantInvestmentsInSubsidiariesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xml:lang="en-US" id="ifrs-full_SignificantInvestmentsInSubsidiariesAxis">Subsidiaries [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:title="label: SignificantInvestmentsInSubsidiariesAxis to ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_SignificantInvestmentsInSubsidiariesAxis1" xml:lang="en-US" id="ifrs-full_SignificantInvestmentsInSubsidiariesAxis1">Subsidiaries [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis1" xlink:title="label: SignificantInvestmentsInSubsidiariesAxis to ifrs-full_SignificantInvestmentsInSubsidiariesAxis1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SixYearsBeforeReportingYearMember" xlink:label="SixYearsBeforeReportingYearMember" xlink:title="SixYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SixYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SixYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_SixYearsBeforeReportingYearMember">2016/2017 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SixYearsBeforeReportingYearMember" xlink:to="ifrs-full_SixYearsBeforeReportingYearMember" xlink:title="label: SixYearsBeforeReportingYearMember to ifrs-full_SixYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SocialSecurityContributions" xlink:label="SocialSecurityContributions" xlink:title="SocialSecurityContributions" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SocialSecurityContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SocialSecurityContributions" xml:lang="en-US" id="ifrs-full_SocialSecurityContributions">Social security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SocialSecurityContributions" xlink:to="ifrs-full_SocialSecurityContributions" xlink:title="label: SocialSecurityContributions to ifrs-full_SocialSecurityContributions" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="StatementOfCashFlowsAbstract" xlink:title="StatementOfCashFlowsAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfCashFlowsAbstract" xml:lang="en-US" id="ifrs-full_StatementOfCashFlowsAbstract">CONSOLIDATED STATEMENT OF CASH FLOWS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract" xlink:title="label: StatementOfCashFlowsAbstract to ifrs-full_StatementOfCashFlowsAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="StatementOfChangesInEquityAbstract" xlink:title="StatementOfChangesInEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfChangesInEquityAbstract" xml:lang="en-US" id="ifrs-full_StatementOfChangesInEquityAbstract">CONSOLIDATED STATEMENT OF CHANGES IN EQUITY [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityAbstract" xlink:to="ifrs-full_StatementOfChangesInEquityAbstract" xlink:title="label: StatementOfChangesInEquityAbstract to ifrs-full_StatementOfChangesInEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="StatementOfChangesInEquityLineItems" xlink:title="StatementOfChangesInEquityLineItems" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfChangesInEquityLineItems" xml:lang="en-US" id="ifrs-full_StatementOfChangesInEquityLineItems">Statement of changes in equity [line items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityLineItems" xlink:to="ifrs-full_StatementOfChangesInEquityLineItems" xlink:title="label: StatementOfChangesInEquityLineItems to ifrs-full_StatementOfChangesInEquityLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="StatementOfChangesInEquityTable" xlink:title="StatementOfChangesInEquityTable" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfChangesInEquityTable" xml:lang="en-US" id="ifrs-full_StatementOfChangesInEquityTable">Statement of changes in equity [table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable" xlink:title="label: StatementOfChangesInEquityTable to ifrs-full_StatementOfChangesInEquityTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="StatementOfComprehensiveIncomeAbstract" xlink:title="StatementOfComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfComprehensiveIncomeAbstract" xml:lang="en-US" id="ifrs-full_StatementOfComprehensiveIncomeAbstract">CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfComprehensiveIncomeAbstract" xlink:to="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:title="label: StatementOfComprehensiveIncomeAbstract to ifrs-full_StatementOfComprehensiveIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="StatementOfFinancialPositionAbstract" xlink:title="StatementOfFinancialPositionAbstract" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatementOfFinancialPositionAbstract" xml:lang="en-US" id="ifrs-full_StatementOfFinancialPositionAbstract">CONSOLIDATED STATEMENT OF FINANCIAL POSITION [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract" xlink:title="label: StatementOfFinancialPositionAbstract to ifrs-full_StatementOfFinancialPositionAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_StatutoryReserve" xlink:label="StatutoryReserve" xlink:title="StatutoryReserve" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_StatutoryReserve" xml:lang="en-US" id="ifrs-full_StatutoryReserve">Statutory reserve</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatutoryReserve" xlink:to="ifrs-full_StatutoryReserve" xlink:title="label: StatutoryReserve to ifrs-full_StatutoryReserve" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SubsidiariesMember" xlink:label="SubsidiariesMember" xlink:title="SubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SubsidiariesMember" xml:lang="en-US" id="ifrs-full_SubsidiariesMember">Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesMember" xlink:to="ifrs-full_SubsidiariesMember" xlink:title="label: SubsidiariesMember to ifrs-full_SubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SubsidiariesMember1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_SubsidiariesMember1" xml:lang="en-US" id="ifrs-full_SubsidiariesMember1">BCP Stand-alone, Mibanco and Grupo Pacifico [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsidiariesMember" xlink:to="ifrs-full_SubsidiariesMember1" xlink:title="label: SubsidiariesMember to ifrs-full_SubsidiariesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:label="SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:title="SummaryQuantitativeDataAboutEntitysExposureToRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk" xml:lang="en-US" id="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk">Results of Sensitivity Analysis Regarding Changes in Interest Rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:to="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:title="label: SummaryQuantitativeDataAboutEntitysExposureToRisk to ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk_lbl1" xml:lang="en-US" id="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk_lbl1">Summary quantitative data about entity's exposure to risk [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SummaryQuantitativeDataAboutEntitysExposureToRisk" xlink:to="ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk_lbl1" xlink:title="label: SummaryQuantitativeDataAboutEntitysExposureToRisk to ifrs-full_SummaryQuantitativeDataAboutEntitysExposureToRisk_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:label="TaxEffectOfRevenuesExemptFromTaxation2011" xlink:title="TaxEffectOfRevenuesExemptFromTaxation2011" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xml:lang="en-US" id="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011">Non-taxable income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesExemptFromTaxation2011" xlink:to="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" xlink:title="label: TaxEffectOfRevenuesExemptFromTaxation2011 to ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_lbl1" xml:lang="en-US" id="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_lbl1">Tax effect of revenues exempt from taxation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesExemptFromTaxation2011" xlink:to="ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_lbl1" xlink:title="label: TaxEffectOfRevenuesExemptFromTaxation2011 to ifrs-full_TaxEffectOfRevenuesExemptFromTaxation2011_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:label="TaxExpenseIncomeAtApplicableTaxRate" xlink:title="TaxExpenseIncomeAtApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xml:lang="en-US" id="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate">Theoretical tax and income tax rate in Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpenseIncomeAtApplicableTaxRate" xlink:to="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:title="label: TaxExpenseIncomeAtApplicableTaxRate to ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1" xml:lang="en-US" id="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1">Tax expense (income) at applicable tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxExpenseIncomeAtApplicableTaxRate" xlink:to="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1" xlink:title="label: TaxExpenseIncomeAtApplicableTaxRate to ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:label="TaxRateEffectFromChangeInTaxRate" xlink:title="TaxRateEffectFromChangeInTaxRate" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TaxRateEffectFromChangeInTaxRate" xml:lang="en-US" id="ifrs-full_TaxRateEffectFromChangeInTaxRate">Tax rate effect from change in tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectFromChangeInTaxRate" xlink:to="ifrs-full_TaxRateEffectFromChangeInTaxRate" xlink:title="label: TaxRateEffectFromChangeInTaxRate to ifrs-full_TaxRateEffectFromChangeInTaxRate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:label="TaxRateEffectOfRevenuesExemptFromTaxation" xlink:title="TaxRateEffectOfRevenuesExemptFromTaxation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xml:lang="en-US" id="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation">Non-taxable income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectOfRevenuesExemptFromTaxation" xlink:to="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:title="label: TaxRateEffectOfRevenuesExemptFromTaxation to ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl1" xml:lang="en-US" id="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl1">Tax rate effect of revenues exempt from taxation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectOfRevenuesExemptFromTaxation" xlink:to="ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl1" xlink:title="label: TaxRateEffectOfRevenuesExemptFromTaxation to ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:label="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:title="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xml:lang="en-US" id="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:title="label: TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis to ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:label="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:title="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xml:lang="en-US" id="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember">Temporary difference, unused tax losses and unused tax credits [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:to="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:title="label: TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember to ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember_lbl1" xml:lang="en-US" id="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember_lbl1">Temporary difference, unused tax losses and unused tax credits [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember" xlink:to="ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember_lbl1" xlink:title="label: TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember to ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:label="ThreeYearsBeforeReportingYearMember" xlink:title="ThreeYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ThreeYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_ThreeYearsBeforeReportingYearMember">2019/2020 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreeYearsBeforeReportingYearMember" xlink:to="ifrs-full_ThreeYearsBeforeReportingYearMember" xlink:title="label: ThreeYearsBeforeReportingYearMember to ifrs-full_ThreeYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TopOfRangeMember" xlink:label="TopOfRangeMember" xlink:title="TopOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TopOfRangeMember" xml:lang="en-US" id="ifrs-full_TopOfRangeMember">Maximum [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember" xlink:title="label: TopOfRangeMember to ifrs-full_TopOfRangeMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_TopOfRangeMember1" xml:lang="en-US" id="ifrs-full_TopOfRangeMember1">Maximum [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember1" xlink:title="label: TopOfRangeMember to ifrs-full_TopOfRangeMember1" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TopOfRangeMember_lbl2" xml:lang="en-US" id="ifrs-full_TopOfRangeMember_lbl2">Top of range [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl2" xlink:title="label: TopOfRangeMember to ifrs-full_TopOfRangeMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="TradeAndOtherPayablesToTradeSuppliers" xlink:title="TradeAndOtherPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xml:lang="en-US" id="ifrs-full_TradeAndOtherPayablesToTradeSuppliers">Accounts payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:title="label: TradeAndOtherPayablesToTradeSuppliers to ifrs-full_TradeAndOtherPayablesToTradeSuppliers" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1" xml:lang="en-US" id="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1">Trade payables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1" xlink:title="label: TradeAndOtherPayablesToTradeSuppliers to ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TradeReceivables" xlink:label="TradeReceivables" xlink:title="TradeReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TradeReceivables" xml:lang="en-US" id="ifrs-full_TradeReceivables">Due from customers on banker's acceptances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="ifrs-full_TradeReceivables" xlink:title="label: TradeReceivables to ifrs-full_TradeReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TradeReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TradeReceivables_lbl1" xml:lang="en-US" id="ifrs-full_TradeReceivables_lbl1">Trade receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl1" xlink:title="label: TradeReceivables to ifrs-full_TradeReceivables_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TreasuryShares" xlink:label="TreasuryShares" xlink:title="TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TreasuryShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="ifrs-full_TreasuryShares" xml:lang="en-US" id="ifrs-full_TreasuryShares">Treasury stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="ifrs-full_TreasuryShares" xlink:title="label: TreasuryShares to ifrs-full_TreasuryShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TreasuryShares_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TreasuryShares_lbl1" xml:lang="en-US" id="ifrs-full_TreasuryShares_lbl1">Treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryShares" xlink:to="ifrs-full_TreasuryShares_lbl1" xlink:title="label: TreasuryShares to ifrs-full_TreasuryShares_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TwoYearsBeforeReportingYearMember" xlink:label="TwoYearsBeforeReportingYearMember" xlink:title="TwoYearsBeforeReportingYearMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TwoYearsBeforeReportingYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TwoYearsBeforeReportingYearMember" xml:lang="en-US" id="ifrs-full_TwoYearsBeforeReportingYearMember">2020/2021 [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TwoYearsBeforeReportingYearMember" xlink:to="ifrs-full_TwoYearsBeforeReportingYearMember" xlink:title="label: TwoYearsBeforeReportingYearMember to ifrs-full_TwoYearsBeforeReportingYearMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:label="TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:title="TypeOfMeasurementOfExpectedCreditLossesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xml:lang="en-US" id="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis">Type of measurement of expected credit losses [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:to="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" xlink:title="label: TypeOfMeasurementOfExpectedCreditLossesAxis to ifrs-full_TypeOfMeasurementOfExpectedCreditLossesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember" xlink:label="TypeOfMeasurementOfExpectedCreditLossesMember" xlink:title="TypeOfMeasurementOfExpectedCreditLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember" xml:lang="en-US" id="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember">Type of measurement of expected credit losses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypeOfMeasurementOfExpectedCreditLossesMember" xlink:to="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember" xlink:title="label: TypeOfMeasurementOfExpectedCreditLossesMember to ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember_lbl1" xml:lang="en-US" id="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember_lbl1">Type of measurement of expected credit losses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypeOfMeasurementOfExpectedCreditLossesMember" xlink:to="ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember_lbl1" xlink:title="label: TypeOfMeasurementOfExpectedCreditLossesMember to ifrs-full_TypeOfMeasurementOfExpectedCreditLossesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="TypesOfContractsAxis" xlink:title="TypesOfContractsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfContractsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfContractsAxis" xml:lang="en-US" id="ifrs-full_TypesOfContractsAxis">Types of contracts [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsAxis" xlink:to="ifrs-full_TypesOfContractsAxis" xlink:title="label: TypesOfContractsAxis to ifrs-full_TypesOfContractsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfContractsMember" xlink:label="TypesOfContractsMember" xlink:title="TypesOfContractsMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfContractsMember" xml:lang="en-US" id="ifrs-full_TypesOfContractsMember">Types of contracts [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfContractsMember" xlink:to="ifrs-full_TypesOfContractsMember" xlink:title="label: TypesOfContractsMember to ifrs-full_TypesOfContractsMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfFinancialAssetsAxis" xlink:label="TypesOfFinancialAssetsAxis" xlink:title="TypesOfFinancialAssetsAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfFinancialAssetsAxis" xml:lang="en-US" id="ifrs-full_TypesOfFinancialAssetsAxis">Types of financial assets [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfFinancialAssetsAxis" xlink:to="ifrs-full_TypesOfFinancialAssetsAxis" xlink:title="label: TypesOfFinancialAssetsAxis to ifrs-full_TypesOfFinancialAssetsAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:label="TypesOfFinancialLiabilitiesAxis" xlink:title="TypesOfFinancialLiabilitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfFinancialLiabilitiesAxis" xml:lang="en-US" id="ifrs-full_TypesOfFinancialLiabilitiesAxis">Types of financial liabilities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:title="label: TypesOfFinancialLiabilitiesAxis to ifrs-full_TypesOfFinancialLiabilitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="TypesOfHedgesAxis" xlink:title="TypesOfHedgesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfHedgesAxis" xml:lang="en-US" id="ifrs-full_TypesOfHedgesAxis">Types of hedges [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfHedgesAxis" xlink:to="ifrs-full_TypesOfHedgesAxis" xlink:title="label: TypesOfHedgesAxis to ifrs-full_TypesOfHedgesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="TypesOfHedgesMember" xlink:title="TypesOfHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TypesOfHedgesMember" xml:lang="en-US" id="ifrs-full_TypesOfHedgesMember">Hedges [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfHedgesMember" xlink:to="ifrs-full_TypesOfHedgesMember" xlink:title="label: TypesOfHedgesMember to ifrs-full_TypesOfHedgesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfHedgesMember1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfHedgesMember1" xml:lang="en-US" id="ifrs-full_TypesOfHedgesMember1">Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfHedgesMember" xlink:to="ifrs-full_TypesOfHedgesMember1" xlink:title="label: TypesOfHedgesMember to ifrs-full_TypesOfHedgesMember1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfInterestRatesAxis" xlink:label="TypesOfInterestRatesAxis" xlink:title="TypesOfInterestRatesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfInterestRatesAxis" xml:lang="en-US" id="ifrs-full_TypesOfInterestRatesAxis">Types of interest rates [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfInterestRatesAxis" xlink:to="ifrs-full_TypesOfInterestRatesAxis" xlink:title="label: TypesOfInterestRatesAxis to ifrs-full_TypesOfInterestRatesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="TypesOfRisksAxis" xlink:title="TypesOfRisksAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfRisksAxis" xml:lang="en-US" id="ifrs-full_TypesOfRisksAxis">Types of risks [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis" xlink:title="label: TypesOfRisksAxis to ifrs-full_TypesOfRisksAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfRisksMember" xlink:label="TypesOfRisksMember" xlink:title="TypesOfRisksMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_TypesOfRisksMember" xml:lang="en-US" id="ifrs-full_TypesOfRisksMember">Risks [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksMember" xlink:to="ifrs-full_TypesOfRisksMember" xlink:title="label: TypesOfRisksMember to ifrs-full_TypesOfRisksMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfRisksMember_lbl1" xml:lang="en-US" id="ifrs-full_TypesOfRisksMember_lbl1">Risks [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfRisksMember" xlink:to="ifrs-full_TypesOfRisksMember_lbl1" xlink:title="label: TypesOfRisksMember to ifrs-full_TypesOfRisksMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_TypesOfTransferMember" xlink:label="TypesOfTransferMember" xlink:title="TypesOfTransferMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_TypesOfTransferMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_TypesOfTransferMember" xml:lang="en-US" id="ifrs-full_TypesOfTransferMember">Types of transfer [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TypesOfTransferMember" xlink:to="ifrs-full_TypesOfTransferMember" xlink:title="label: TypesOfTransferMember to ifrs-full_TypesOfTransferMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:label="UnconsolidatedStructuredEntitiesAxis" xlink:title="UnconsolidatedStructuredEntitiesAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xml:lang="en-US" id="ifrs-full_UnconsolidatedStructuredEntitiesAxis">Unconsolidated structured entities [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnconsolidatedStructuredEntitiesAxis" xlink:to="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:title="label: UnconsolidatedStructuredEntitiesAxis to ifrs-full_UnconsolidatedStructuredEntitiesAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:label="UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:title="UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xml:lang="en-US" id="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets">Financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:to="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:title="label: UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets to ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets_lbl1" xml:lang="en-US" id="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets_lbl1">Undiscounted cash outflow required to repurchase derecognised financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets" xlink:to="ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets_lbl1" xlink:title="label: UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets to ifrs-full_UndiscountedCashOutflowRequiredToRepurchaseDerecognisedFinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_UnusedTaxLossesMember" xlink:label="UnusedTaxLossesMember" xlink:title="UnusedTaxLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UnusedTaxLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_UnusedTaxLossesMember" xml:lang="en-US" id="ifrs-full_UnusedTaxLossesMember">Carry Forward Tax Losses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnusedTaxLossesMember" xlink:to="ifrs-full_UnusedTaxLossesMember" xlink:title="label: UnusedTaxLossesMember to ifrs-full_UnusedTaxLossesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UnusedTaxLossesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_UnusedTaxLossesMember_lbl1" xml:lang="en-US" id="ifrs-full_UnusedTaxLossesMember_lbl1">Unused tax losses [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnusedTaxLossesMember" xlink:to="ifrs-full_UnusedTaxLossesMember_lbl1" xlink:title="label: UnusedTaxLossesMember to ifrs-full_UnusedTaxLossesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:label="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:title="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xml:lang="en-US" id="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill">Estimated useful life</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:title="label: UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill to ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl1" xml:lang="en-US" id="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl1">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl1" xlink:title="label: UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill to ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ValueAddedTaxReceivables" xlink:label="ValueAddedTaxReceivables" xlink:title="ValueAddedTaxReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ValueAddedTaxReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ValueAddedTaxReceivables" xml:lang="en-US" id="ifrs-full_ValueAddedTaxReceivables">VAT (IGV) tax credit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAddedTaxReceivables" xlink:to="ifrs-full_ValueAddedTaxReceivables" xlink:title="label: ValueAddedTaxReceivables to ifrs-full_ValueAddedTaxReceivables" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ValueAddedTaxReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ValueAddedTaxReceivables_lbl1" xml:lang="en-US" id="ifrs-full_ValueAddedTaxReceivables_lbl1">Value added tax receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAddedTaxReceivables" xlink:to="ifrs-full_ValueAddedTaxReceivables_lbl1" xlink:title="label: ValueAddedTaxReceivables to ifrs-full_ValueAddedTaxReceivables_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_ValueAtRisk" xlink:label="ValueAtRisk" xlink:title="ValueAtRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_ValueAtRisk" xml:lang="en-US" id="ifrs-full_ValueAtRisk">Consolidated VaR by type of risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRisk" xlink:to="ifrs-full_ValueAtRisk" xlink:title="label: ValueAtRisk to ifrs-full_ValueAtRisk" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_ValueAtRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_ValueAtRisk_lbl1" xml:lang="en-US" id="ifrs-full_ValueAtRisk_lbl1">Value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRisk" xlink:to="ifrs-full_ValueAtRisk_lbl1" xlink:title="label: ValueAtRisk to ifrs-full_ValueAtRisk_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_VehiclesMember" xlink:label="VehiclesMember" xlink:title="VehiclesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_VehiclesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="ifrs-full_VehiclesMember" xml:lang="en-US" id="ifrs-full_VehiclesMember">Vehicles and Equipment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VehiclesMember" xlink:to="ifrs-full_VehiclesMember" xlink:title="label: VehiclesMember to ifrs-full_VehiclesMember" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_VehiclesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_VehiclesMember_lbl1" xml:lang="en-US" id="ifrs-full_VehiclesMember_lbl1">Vehicles [member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VehiclesMember" xlink:to="ifrs-full_VehiclesMember_lbl1" xlink:title="label: VehiclesMember to ifrs-full_VehiclesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_WagesAndSalaries" xlink:label="WagesAndSalaries" xlink:title="WagesAndSalaries" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_WagesAndSalaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_WagesAndSalaries" xml:lang="en-US" id="ifrs-full_WagesAndSalaries">Salaries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WagesAndSalaries" xlink:to="ifrs-full_WagesAndSalaries" xlink:title="label: WagesAndSalaries to ifrs-full_WagesAndSalaries" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_WeightedAverageShares" xlink:label="WeightedAverageShares" xlink:title="WeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="ifrs-full_WeightedAverageShares" xml:lang="en-US" id="ifrs-full_WeightedAverageShares">Weighted average number of ordinary shares for basic earnings (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares" xlink:title="label: WeightedAverageShares to ifrs-full_WeightedAverageShares" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_WeightedAverageShares_lbl1" xml:lang="en-US" id="ifrs-full_WeightedAverageShares_lbl1">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl1" xlink:title="label: WeightedAverageShares to ifrs-full_WeightedAverageShares_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2023-03-23/full_ifrs/full_ifrs-cor_2023-03-23.xsd#ifrs-full_YearsOfInsuranceClaimAxis" xlink:label="YearsOfInsuranceClaimAxis" xlink:title="YearsOfInsuranceClaimAxis" />
    <link:label xlink:type="resource" xlink:label="ifrs-full_YearsOfInsuranceClaimAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="ifrs-full_YearsOfInsuranceClaimAxis" xml:lang="en-US" id="ifrs-full_YearsOfInsuranceClaimAxis">Years of insurance claim [axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="YearsOfInsuranceClaimAxis" xlink:to="ifrs-full_YearsOfInsuranceClaimAxis" xlink:title="label: YearsOfInsuranceClaimAxis to ifrs-full_YearsOfInsuranceClaimAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CoverAbstract" xlink:label="CoverAbstract" xlink:title="CoverAbstract" />
    <link:label xlink:type="resource" xlink:label="dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CoverAbstract" xml:lang="en-US" id="dei_CoverAbstract">Cover [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoverAbstract" xlink:to="dei_CoverAbstract" xlink:title="label: CoverAbstract to dei_CoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentType" xlink:label="DocumentType" xlink:title="DocumentType" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentType" xml:lang="en-US" id="dei_DocumentType">Document Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentType" xlink:to="dei_DocumentType" xlink:title="label: DocumentType to dei_DocumentType" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAnnualReport" xlink:label="DocumentAnnualReport" xlink:title="DocumentAnnualReport" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentAnnualReport" xml:lang="en-US" id="dei_DocumentAnnualReport">Document Annual Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport" xlink:title="label: DocumentAnnualReport to dei_DocumentAnnualReport" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentTransitionReport" xlink:label="DocumentTransitionReport" xlink:title="DocumentTransitionReport" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentTransitionReport" xml:lang="en-US" id="dei_DocumentTransitionReport">Document Transition Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport" xlink:title="label: DocumentTransitionReport to dei_DocumentTransitionReport" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentShellCompanyReport" xlink:label="DocumentShellCompanyReport" xlink:title="DocumentShellCompanyReport" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentShellCompanyReport" xml:lang="en-US" id="dei_DocumentShellCompanyReport">Document Shell Company Report</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport" xlink:title="label: DocumentShellCompanyReport to dei_DocumentShellCompanyReport" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFinStmtErrorCorrectionFlag" xlink:label="DocumentFinStmtErrorCorrectionFlag" xlink:title="DocumentFinStmtErrorCorrectionFlag" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFinStmtErrorCorrectionFlag" xml:lang="en-US" id="dei_DocumentFinStmtErrorCorrectionFlag">Document Financial Statement Error Correction [Flag]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFinStmtErrorCorrectionFlag" xlink:to="dei_DocumentFinStmtErrorCorrectionFlag" xlink:title="label: DocumentFinStmtErrorCorrectionFlag to dei_DocumentFinStmtErrorCorrectionFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityInteractiveDataCurrent" xlink:label="EntityInteractiveDataCurrent" xlink:title="EntityInteractiveDataCurrent" />
    <link:label xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityInteractiveDataCurrent" xml:lang="en-US" id="dei_EntityInteractiveDataCurrent">Entity Interactive Data Current</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent" xlink:title="label: EntityInteractiveDataCurrent to dei_EntityInteractiveDataCurrent" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentRegistrationStatement" xlink:label="DocumentRegistrationStatement" xlink:title="DocumentRegistrationStatement" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentRegistrationStatement" xml:lang="en-US" id="dei_DocumentRegistrationStatement">Document Registration Statement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement" xlink:title="label: DocumentRegistrationStatement to dei_DocumentRegistrationStatement" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentAccountingStandard" xlink:label="DocumentAccountingStandard" xlink:title="DocumentAccountingStandard" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentAccountingStandard" xml:lang="en-US" id="dei_DocumentAccountingStandard">Document Accounting Standard</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard" xlink:title="label: DocumentAccountingStandard to dei_DocumentAccountingStandard" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AmendmentFlag" xlink:label="AmendmentFlag" xlink:title="AmendmentFlag" />
    <link:label xlink:type="resource" xlink:label="dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AmendmentFlag" xml:lang="en-US" id="dei_AmendmentFlag">Amendment Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmendmentFlag" xlink:to="dei_AmendmentFlag" xlink:title="label: AmendmentFlag to dei_AmendmentFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="IcfrAuditorAttestationFlag" xlink:title="IcfrAuditorAttestationFlag" />
    <link:label xlink:type="resource" xlink:label="dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_IcfrAuditorAttestationFlag" xml:lang="en-US" id="dei_IcfrAuditorAttestationFlag">ICFR Auditor Attestation Flag</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IcfrAuditorAttestationFlag" xlink:to="dei_IcfrAuditorAttestationFlag" xlink:title="label: IcfrAuditorAttestationFlag to dei_IcfrAuditorAttestationFlag" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalYearFocus" xlink:label="DocumentFiscalYearFocus" xlink:title="DocumentFiscalYearFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalYearFocus" xml:lang="en-US" id="dei_DocumentFiscalYearFocus">Document Fiscal Year Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus" xlink:title="label: DocumentFiscalYearFocus to dei_DocumentFiscalYearFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="DocumentFiscalPeriodFocus" xlink:title="DocumentFiscalPeriodFocus" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentFiscalPeriodFocus" xml:lang="en-US" id="dei_DocumentFiscalPeriodFocus">Document Fiscal Period Focus</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus" xlink:title="label: DocumentFiscalPeriodFocus to dei_DocumentFiscalPeriodFocus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_DocumentPeriodEndDate" xlink:label="DocumentPeriodEndDate" xlink:title="DocumentPeriodEndDate" />
    <link:label xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_DocumentPeriodEndDate" xml:lang="en-US" id="dei_DocumentPeriodEndDate">Document Period End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate" xlink:title="label: DocumentPeriodEndDate to dei_DocumentPeriodEndDate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LegalEntityAxis" xlink:label="LegalEntityAxis" xlink:title="LegalEntityAxis" />
    <link:label xlink:type="resource" xlink:label="dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_LegalEntityAxis" xml:lang="en-US" id="dei_LegalEntityAxis">Legal Entity [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalEntityAxis" xlink:to="dei_LegalEntityAxis" xlink:title="label: LegalEntityAxis to dei_LegalEntityAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityDomain" xlink:label="EntityDomain" xlink:title="EntityDomain" />
    <link:label xlink:type="resource" xlink:label="dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="dei_EntityDomain" xml:lang="en-US" id="dei_EntityDomain">Entity [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityDomain" xlink:to="dei_EntityDomain" xlink:title="label: EntityDomain to dei_EntityDomain" />
    <link:label xlink:type="resource" xlink:label="dei_EntityDomain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityDomain_lbl1" xml:lang="en-US" id="dei_EntityDomain_lbl1">Entity [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityDomain" xlink:to="dei_EntityDomain_lbl1" xlink:title="label: EntityDomain to dei_EntityDomain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityRegistrantName" xlink:label="EntityRegistrantName" xlink:title="EntityRegistrantName" />
    <link:label xlink:type="resource" xlink:label="dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityRegistrantName" xml:lang="en-US" id="dei_EntityRegistrantName">Entity Registrant Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityRegistrantName" xlink:to="dei_EntityRegistrantName" xlink:title="label: EntityRegistrantName to dei_EntityRegistrantName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCentralIndexKey" xlink:label="EntityCentralIndexKey" xlink:title="EntityCentralIndexKey" />
    <link:label xlink:type="resource" xlink:label="dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCentralIndexKey" xml:lang="en-US" id="dei_EntityCentralIndexKey">Entity Central Index Key</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey" xlink:title="label: EntityCentralIndexKey to dei_EntityCentralIndexKey" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFileNumber" xlink:label="EntityFileNumber" xlink:title="EntityFileNumber" />
    <link:label xlink:type="resource" xlink:label="dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityFileNumber" xml:lang="en-US" id="dei_EntityFileNumber">Entity File Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFileNumber" xlink:to="dei_EntityFileNumber" xlink:title="label: EntityFileNumber to dei_EntityFileNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="EntityIncorporationStateCountryCode" xlink:title="EntityIncorporationStateCountryCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityIncorporationStateCountryCode" xml:lang="en-US" id="dei_EntityIncorporationStateCountryCode">Entity Incorporation, State or Country Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode" xlink:title="label: EntityIncorporationStateCountryCode to dei_EntityIncorporationStateCountryCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CurrentFiscalYearEndDate" xlink:label="CurrentFiscalYearEndDate" xlink:title="CurrentFiscalYearEndDate" />
    <link:label xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CurrentFiscalYearEndDate" xml:lang="en-US" id="dei_CurrentFiscalYearEndDate">Current Fiscal Year End Date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate" xlink:title="label: CurrentFiscalYearEndDate to dei_CurrentFiscalYearEndDate" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="EntityWellKnownSeasonedIssuer" xlink:title="EntityWellKnownSeasonedIssuer" />
    <link:label xlink:type="resource" xlink:label="dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityWellKnownSeasonedIssuer" xml:lang="en-US" id="dei_EntityWellKnownSeasonedIssuer">Entity Well-known Seasoned Issuer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer" xlink:title="label: EntityWellKnownSeasonedIssuer to dei_EntityWellKnownSeasonedIssuer" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityVoluntaryFilers" xlink:label="EntityVoluntaryFilers" xlink:title="EntityVoluntaryFilers" />
    <link:label xlink:type="resource" xlink:label="dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityVoluntaryFilers" xml:lang="en-US" id="dei_EntityVoluntaryFilers">Entity Voluntary Filers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers" xlink:title="label: EntityVoluntaryFilers to dei_EntityVoluntaryFilers" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCurrentReportingStatus" xlink:label="EntityCurrentReportingStatus" xlink:title="EntityCurrentReportingStatus" />
    <link:label xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCurrentReportingStatus" xml:lang="en-US" id="dei_EntityCurrentReportingStatus">Entity Current Reporting Status</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus" xlink:title="label: EntityCurrentReportingStatus to dei_EntityCurrentReportingStatus" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityShellCompany" xlink:label="EntityShellCompany" xlink:title="EntityShellCompany" />
    <link:label xlink:type="resource" xlink:label="dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityShellCompany" xml:lang="en-US" id="dei_EntityShellCompany">Entity Shell Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityShellCompany" xlink:to="dei_EntityShellCompany" xlink:title="label: EntityShellCompany to dei_EntityShellCompany" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityFilerCategory" xlink:label="EntityFilerCategory" xlink:title="EntityFilerCategory" />
    <link:label xlink:type="resource" xlink:label="dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityFilerCategory" xml:lang="en-US" id="dei_EntityFilerCategory">Entity Filer Category</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityFilerCategory" xlink:to="dei_EntityFilerCategory" xlink:title="label: EntityFilerCategory to dei_EntityFilerCategory" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityEmergingGrowthCompany" xlink:label="EntityEmergingGrowthCompany" xlink:title="EntityEmergingGrowthCompany" />
    <link:label xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityEmergingGrowthCompany" xml:lang="en-US" id="dei_EntityEmergingGrowthCompany">Entity Emerging Growth Company</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany" xlink:title="label: EntityEmergingGrowthCompany to dei_EntityEmergingGrowthCompany" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesTable" xlink:label="EntityAddressesTable" xlink:title="EntityAddressesTable" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressesTable" xml:lang="en-US" id="dei_EntityAddressesTable">Entity Addresses [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressesTable" xlink:to="dei_EntityAddressesTable" xlink:title="label: EntityAddressesTable to dei_EntityAddressesTable" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesAddressTypeAxis" xlink:label="EntityAddressesAddressTypeAxis" xlink:title="EntityAddressesAddressTypeAxis" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressesAddressTypeAxis" xml:lang="en-US" id="dei_EntityAddressesAddressTypeAxis">Entity Addresses, Address Type [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressesAddressTypeAxis" xlink:to="dei_EntityAddressesAddressTypeAxis" xlink:title="label: EntityAddressesAddressTypeAxis to dei_EntityAddressesAddressTypeAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AddressTypeDomain" xlink:label="AddressTypeDomain" xlink:title="AddressTypeDomain" />
    <link:label xlink:type="resource" xlink:label="dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AddressTypeDomain" xml:lang="en-US" id="dei_AddressTypeDomain">Address Type [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AddressTypeDomain" xlink:to="dei_AddressTypeDomain" xlink:title="label: AddressTypeDomain to dei_AddressTypeDomain" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_BusinessContactMember" xlink:label="BusinessContactMember" xlink:title="BusinessContactMember" />
    <link:label xlink:type="resource" xlink:label="dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_BusinessContactMember" xml:lang="en-US" id="dei_BusinessContactMember">Business Contact [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BusinessContactMember" xlink:to="dei_BusinessContactMember" xlink:title="label: BusinessContactMember to dei_BusinessContactMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressesLineItems" xlink:label="EntityAddressesLineItems" xlink:title="EntityAddressesLineItems" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressesLineItems" xml:lang="en-US" id="dei_EntityAddressesLineItems">Entity Addresses [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressesLineItems" xlink:to="dei_EntityAddressesLineItems" xlink:title="label: EntityAddressesLineItems to dei_EntityAddressesLineItems" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_ContactPersonnelName" xlink:label="ContactPersonnelName" xlink:title="ContactPersonnelName" />
    <link:label xlink:type="resource" xlink:label="dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_ContactPersonnelName" xml:lang="en-US" id="dei_ContactPersonnelName">Contact Personnel Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContactPersonnelName" xlink:to="dei_ContactPersonnelName" xlink:title="label: ContactPersonnelName to dei_ContactPersonnelName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_ContactPersonnelFaxNumber" xlink:label="ContactPersonnelFaxNumber" xlink:title="ContactPersonnelFaxNumber" />
    <link:label xlink:type="resource" xlink:label="dei_ContactPersonnelFaxNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_ContactPersonnelFaxNumber" xml:lang="en-US" id="dei_ContactPersonnelFaxNumber">Contact Personnel Fax Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContactPersonnelFaxNumber" xlink:to="dei_ContactPersonnelFaxNumber" xlink:title="label: ContactPersonnelFaxNumber to dei_ContactPersonnelFaxNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine1" xlink:label="EntityAddressAddressLine1" xlink:title="EntityAddressAddressLine1" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine1" xml:lang="en-US" id="dei_EntityAddressAddressLine1">Entity Address, Address Line One</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1" xlink:title="label: EntityAddressAddressLine1 to dei_EntityAddressAddressLine1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine2" xlink:label="EntityAddressAddressLine2" xlink:title="EntityAddressAddressLine2" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine2" xml:lang="en-US" id="dei_EntityAddressAddressLine2">Entity Address, Address Line Two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2" xlink:title="label: EntityAddressAddressLine2 to dei_EntityAddressAddressLine2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressAddressLine3" xlink:label="EntityAddressAddressLine3" xlink:title="EntityAddressAddressLine3" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressAddressLine3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressAddressLine3" xml:lang="en-US" id="dei_EntityAddressAddressLine3">Entity Address, Address Line Three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3" xlink:title="label: EntityAddressAddressLine3 to dei_EntityAddressAddressLine3" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCityOrTown" xlink:label="EntityAddressCityOrTown" xlink:title="EntityAddressCityOrTown" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCityOrTown" xml:lang="en-US" id="dei_EntityAddressCityOrTown">Entity Address, City or Town</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown" xlink:title="label: EntityAddressCityOrTown to dei_EntityAddressCityOrTown" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressCountry" xlink:label="EntityAddressCountry" xlink:title="EntityAddressCountry" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressCountry" xml:lang="en-US" id="dei_EntityAddressCountry">Entity Address, Country</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressCountry" xlink:to="dei_EntityAddressCountry" xlink:title="label: EntityAddressCountry to dei_EntityAddressCountry" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityAddressPostalZipCode" xlink:label="EntityAddressPostalZipCode" xlink:title="EntityAddressPostalZipCode" />
    <link:label xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityAddressPostalZipCode" xml:lang="en-US" id="dei_EntityAddressPostalZipCode">Entity Address, Postal Zip Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode" xlink:title="label: EntityAddressPostalZipCode to dei_EntityAddressPostalZipCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_CityAreaCode" xlink:label="CityAreaCode" xlink:title="CityAreaCode" />
    <link:label xlink:type="resource" xlink:label="dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_CityAreaCode" xml:lang="en-US" id="dei_CityAreaCode">City Area Code</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CityAreaCode" xlink:to="dei_CityAreaCode" xlink:title="label: CityAreaCode to dei_CityAreaCode" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_LocalPhoneNumber" xlink:label="LocalPhoneNumber" xlink:title="LocalPhoneNumber" />
    <link:label xlink:type="resource" xlink:label="dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_LocalPhoneNumber" xml:lang="en-US" id="dei_LocalPhoneNumber">Local Phone Number</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber" xlink:title="label: LocalPhoneNumber to dei_LocalPhoneNumber" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_Security12bTitle" xlink:label="Security12bTitle" xlink:title="Security12bTitle" />
    <link:label xlink:type="resource" xlink:label="dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_Security12bTitle" xml:lang="en-US" id="dei_Security12bTitle">Title of 12(b) Security</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Security12bTitle" xlink:to="dei_Security12bTitle" xlink:title="label: Security12bTitle to dei_Security12bTitle" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_TradingSymbol" xlink:label="TradingSymbol" xlink:title="TradingSymbol" />
    <link:label xlink:type="resource" xlink:label="dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_TradingSymbol" xml:lang="en-US" id="dei_TradingSymbol">Trading Symbol</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSymbol" xlink:to="dei_TradingSymbol" xlink:title="label: TradingSymbol to dei_TradingSymbol" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_SecurityExchangeName" xlink:label="SecurityExchangeName" xlink:title="SecurityExchangeName" />
    <link:label xlink:type="resource" xlink:label="dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_SecurityExchangeName" xml:lang="en-US" id="dei_SecurityExchangeName">Security Exchange Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityExchangeName" xlink:to="dei_SecurityExchangeName" xlink:title="label: SecurityExchangeName to dei_SecurityExchangeName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="EntityCommonStockSharesOutstanding" xlink:title="EntityCommonStockSharesOutstanding" />
    <link:label xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_EntityCommonStockSharesOutstanding" xml:lang="en-US" id="dei_EntityCommonStockSharesOutstanding">Entity Common Stock, Shares Outstanding</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding" xlink:title="label: EntityCommonStockSharesOutstanding to dei_EntityCommonStockSharesOutstanding" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorName" xlink:label="AuditorName" xlink:title="AuditorName" />
    <link:label xlink:type="resource" xlink:label="dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AuditorName" xml:lang="en-US" id="dei_AuditorName">Auditor Name</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorName" xlink:to="dei_AuditorName" xlink:title="label: AuditorName to dei_AuditorName" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorLocation" xlink:label="AuditorLocation" xlink:title="AuditorLocation" />
    <link:label xlink:type="resource" xlink:label="dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AuditorLocation" xml:lang="en-US" id="dei_AuditorLocation">Auditor Location</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorLocation" xlink:to="dei_AuditorLocation" xlink:title="label: AuditorLocation to dei_AuditorLocation" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2023/dei-2023.xsd#dei_AuditorFirmId" xlink:label="AuditorFirmId" xlink:title="AuditorFirmId" />
    <link:label xlink:type="resource" xlink:label="dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="dei_AuditorFirmId" xml:lang="en-US" id="dei_AuditorFirmId">Auditor Firm ID</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AuditorFirmId" xlink:to="dei_AuditorFirmId" xlink:title="label: AuditorFirmId to dei_AuditorFirmId" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_BM" xlink:label="BM" xlink:title="BM" />
    <link:label xlink:type="resource" xlink:label="country_BM" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_BM" xml:lang="en-US" id="country_BM">Bermudas [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BM" xlink:to="country_BM" xlink:title="label: BM to country_BM" />
    <link:label xlink:type="resource" xlink:label="country_BM_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_BM_lbl1" xml:lang="en-US" id="country_BM_lbl1">BERMUDA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BM" xlink:to="country_BM_lbl1" xlink:title="label: BM to country_BM_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_BO" xlink:label="BO" xlink:title="BO" />
    <link:label xlink:type="resource" xlink:label="country_BO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_BO" xml:lang="en-US" id="country_BO">Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BO" xlink:to="country_BO" xlink:title="label: BO to country_BO" />
    <link:label xlink:type="resource" xlink:label="country_BO1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_BO1" xml:lang="en-US" id="country_BO1">Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BO" xlink:to="country_BO1" xlink:title="label: BO to country_BO1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_BR" xlink:label="BR" xlink:title="BR" />
    <link:label xlink:type="resource" xlink:label="country_BR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_BR" xml:lang="en-US" id="country_BR">Brazil [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BR" xlink:to="country_BR" xlink:title="label: BR to country_BR" />
    <link:label xlink:type="resource" xlink:label="country_BR_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_BR_lbl1" xml:lang="en-US" id="country_BR_lbl1">BRAZIL</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BR" xlink:to="country_BR_lbl1" xlink:title="label: BR to country_BR_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_CA" xlink:label="CA" xlink:title="CA" />
    <link:label xlink:type="resource" xlink:label="country_CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_CA" xml:lang="en-US" id="country_CA">Canada [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CA" xlink:to="country_CA" xlink:title="label: CA to country_CA" />
    <link:label xlink:type="resource" xlink:label="country_CA_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_CA_lbl1" xml:lang="en-US" id="country_CA_lbl1">CANADA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CA" xlink:to="country_CA_lbl1" xlink:title="label: CA to country_CA_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_CH" xlink:label="CH" xlink:title="CH" />
    <link:label xlink:type="resource" xlink:label="country_CH" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_CH" xml:lang="en-US" id="country_CH">Switzerland [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CH" xlink:to="country_CH" xlink:title="label: CH to country_CH" />
    <link:label xlink:type="resource" xlink:label="country_CH_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_CH_lbl1" xml:lang="en-US" id="country_CH_lbl1">SWITZERLAND</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CH" xlink:to="country_CH_lbl1" xlink:title="label: CH to country_CH_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_CL" xlink:label="CL" xlink:title="CL" />
    <link:label xlink:type="resource" xlink:label="country_CL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_CL" xml:lang="en-US" id="country_CL">Chile [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CL" xlink:to="country_CL" xlink:title="label: CL to country_CL" />
    <link:label xlink:type="resource" xlink:label="country_CL_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_CL_lbl1" xml:lang="en-US" id="country_CL_lbl1">CHILE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CL" xlink:to="country_CL_lbl1" xlink:title="label: CL to country_CL_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_CO" xlink:label="CO" xlink:title="CO" />
    <link:label xlink:type="resource" xlink:label="country_CO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_CO" xml:lang="en-US" id="country_CO">Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CO" xlink:to="country_CO" xlink:title="label: CO to country_CO" />
    <link:label xlink:type="resource" xlink:label="country_CO1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_CO1" xml:lang="en-US" id="country_CO1">Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CO" xlink:to="country_CO1" xlink:title="label: CO to country_CO1" />
    <link:label xlink:type="resource" xlink:label="country_CO2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="country_CO2" xml:lang="en-US" id="country_CO2">Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CO" xlink:to="country_CO2" xlink:title="label: CO to country_CO2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_ES" xlink:label="ES" xlink:title="ES" />
    <link:label xlink:type="resource" xlink:label="country_ES" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_ES" xml:lang="en-US" id="country_ES">Spain [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ES" xlink:to="country_ES" xlink:title="label: ES to country_ES" />
    <link:label xlink:type="resource" xlink:label="country_ES_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_ES_lbl1" xml:lang="en-US" id="country_ES_lbl1">SPAIN</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ES" xlink:to="country_ES_lbl1" xlink:title="label: ES to country_ES_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_FR" xlink:label="FR" xlink:title="FR" />
    <link:label xlink:type="resource" xlink:label="country_FR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_FR" xml:lang="en-US" id="country_FR">France [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FR" xlink:to="country_FR" xlink:title="label: FR to country_FR" />
    <link:label xlink:type="resource" xlink:label="country_FR_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_FR_lbl1" xml:lang="en-US" id="country_FR_lbl1">FRANCE</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FR" xlink:to="country_FR_lbl1" xlink:title="label: FR to country_FR_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_GB" xlink:label="GB" xlink:title="GB" />
    <link:label xlink:type="resource" xlink:label="country_GB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_GB" xml:lang="en-US" id="country_GB">United Kingdom [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GB" xlink:to="country_GB" xlink:title="label: GB to country_GB" />
    <link:label xlink:type="resource" xlink:label="country_GB_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_GB_lbl1" xml:lang="en-US" id="country_GB_lbl1">UNITED KINGDOM</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GB" xlink:to="country_GB_lbl1" xlink:title="label: GB to country_GB_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_IE" xlink:label="IE" xlink:title="IE" />
    <link:label xlink:type="resource" xlink:label="country_IE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_IE" xml:lang="en-US" id="country_IE">Ireland [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IE" xlink:to="country_IE" xlink:title="label: IE to country_IE" />
    <link:label xlink:type="resource" xlink:label="country_IE_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_IE_lbl1" xml:lang="en-US" id="country_IE_lbl1">IRELAND</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IE" xlink:to="country_IE_lbl1" xlink:title="label: IE to country_IE_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_KY" xlink:label="KY" xlink:title="KY" />
    <link:label xlink:type="resource" xlink:label="country_KY" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_KY" xml:lang="en-US" id="country_KY">Cayman Islands [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KY" xlink:to="country_KY" xlink:title="label: KY to country_KY" />
    <link:label xlink:type="resource" xlink:label="country_KY_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_KY_lbl1" xml:lang="en-US" id="country_KY_lbl1">CAYMAN ISLANDS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KY" xlink:to="country_KY_lbl1" xlink:title="label: KY to country_KY_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_LU" xlink:label="LU" xlink:title="LU" />
    <link:label xlink:type="resource" xlink:label="country_LU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_LU" xml:lang="en-US" id="country_LU">Luxembourg [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LU" xlink:to="country_LU" xlink:title="label: LU to country_LU" />
    <link:label xlink:type="resource" xlink:label="country_LU_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_LU_lbl1" xml:lang="en-US" id="country_LU_lbl1">LUXEMBOURG</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LU" xlink:to="country_LU_lbl1" xlink:title="label: LU to country_LU_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_MX" xlink:label="MX" xlink:title="MX" />
    <link:label xlink:type="resource" xlink:label="country_MX" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_MX" xml:lang="en-US" id="country_MX">Mexico [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MX" xlink:to="country_MX" xlink:title="label: MX to country_MX" />
    <link:label xlink:type="resource" xlink:label="country_MX_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_MX_lbl1" xml:lang="en-US" id="country_MX_lbl1">MEXICO</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MX" xlink:to="country_MX_lbl1" xlink:title="label: MX to country_MX_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_NL" xlink:label="NL" xlink:title="NL" />
    <link:label xlink:type="resource" xlink:label="country_NL" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="country_NL" xml:lang="en-US" id="country_NL">Netherlands [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NL" xlink:to="country_NL" xlink:title="label: NL to country_NL" />
    <link:label xlink:type="resource" xlink:label="country_NL_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_NL_lbl1" xml:lang="en-US" id="country_NL_lbl1">NETHERLANDS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NL" xlink:to="country_NL_lbl1" xlink:title="label: NL to country_NL_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_PA" xlink:label="PA" xlink:title="PA" />
    <link:label xlink:type="resource" xlink:label="country_PA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_PA" xml:lang="en-US" id="country_PA">Panama [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PA" xlink:to="country_PA" xlink:title="label: PA to country_PA" />
    <link:label xlink:type="resource" xlink:label="country_PA_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_PA_lbl1" xml:lang="en-US" id="country_PA_lbl1">PANAMA</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PA" xlink:to="country_PA_lbl1" xlink:title="label: PA to country_PA_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_PE" xlink:label="PE" xlink:title="PE" />
    <link:label xlink:type="resource" xlink:label="country_PE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_PE" xml:lang="en-US" id="country_PE">Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PE" xlink:to="country_PE" xlink:title="label: PE to country_PE" />
    <link:label xlink:type="resource" xlink:label="country_PE1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="country_PE1" xml:lang="en-US" id="country_PE1">In Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PE" xlink:to="country_PE1" xlink:title="label: PE to country_PE1" />
    <link:label xlink:type="resource" xlink:label="country_PE_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_PE_lbl2" xml:lang="en-US" id="country_PE_lbl2">PERU</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PE" xlink:to="country_PE_lbl2" xlink:title="label: PE to country_PE_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2023/country-2023.xsd#country_US" xlink:label="US" xlink:title="US" />
    <link:label xlink:type="resource" xlink:label="country_US" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="country_US" xml:lang="en-US" id="country_US">United States [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="country_US" xlink:title="label: US to country_US" />
    <link:label xlink:type="resource" xlink:label="country_US1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="country_US1" xml:lang="en-US" id="country_US1">United States of America [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="country_US1" xlink:title="label: US to country_US1" />
    <link:label xlink:type="resource" xlink:label="country_US_lbl2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="country_US_lbl2" xml:lang="en-US" id="country_US_lbl2">UNITED STATES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="US" xlink:to="country_US_lbl2" xlink:title="label: US to country_US_lbl2" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_USD" xlink:label="USD" xlink:title="USD" />
    <link:label xlink:type="resource" xlink:label="currency_USD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="currency_USD" xml:lang="en-US" id="currency_USD">US Dollars [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USD" xlink:to="currency_USD" xlink:title="label: USD to currency_USD" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2023/currency-2023.xsd#currency_AllCurrenciesDomain" xlink:label="AllCurrenciesDomain" xlink:title="AllCurrenciesDomain" />
    <link:label xlink:type="resource" xlink:label="currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="currency_AllCurrenciesDomain" xml:lang="en-US" id="currency_AllCurrenciesDomain">All Currencies [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllCurrenciesDomain" xlink:to="currency_AllCurrenciesDomain" xlink:title="label: AllCurrenciesDomain to currency_AllCurrenciesDomain" />
    <link:label xlink:type="resource" xlink:label="currency_AllCurrenciesDomain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="currency_AllCurrenciesDomain_lbl1" xml:lang="en-US" id="currency_AllCurrenciesDomain_lbl1">All Currencies [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllCurrenciesDomain" xlink:to="currency_AllCurrenciesDomain_lbl1" xlink:title="label: AllCurrenciesDomain to currency_AllCurrenciesDomain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_EquityMethodInvesteeNameDomain" xlink:label="EquityMethodInvesteeNameDomain" xlink:title="EquityMethodInvesteeNameDomain" />
    <link:label xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="srt_EquityMethodInvesteeNameDomain" xml:lang="en-US" id="srt_EquityMethodInvesteeNameDomain">Investment, Name [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvesteeNameDomain" xlink:to="srt_EquityMethodInvesteeNameDomain" xlink:title="label: EquityMethodInvesteeNameDomain to srt_EquityMethodInvesteeNameDomain" />
    <link:label xlink:type="resource" xlink:label="srt_EquityMethodInvesteeNameDomain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_EquityMethodInvesteeNameDomain_lbl1" xml:lang="en-US" id="srt_EquityMethodInvesteeNameDomain_lbl1">Investment, Name [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityMethodInvesteeNameDomain" xlink:to="srt_EquityMethodInvesteeNameDomain_lbl1" xlink:title="label: EquityMethodInvesteeNameDomain to srt_EquityMethodInvesteeNameDomain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ScenarioUnspecifiedDomain" xlink:label="ScenarioUnspecifiedDomain" xlink:title="ScenarioUnspecifiedDomain" />
    <link:label xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="srt_ScenarioUnspecifiedDomain" xml:lang="en-US" id="srt_ScenarioUnspecifiedDomain">Scenario [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioUnspecifiedDomain" xlink:to="srt_ScenarioUnspecifiedDomain" xlink:title="label: ScenarioUnspecifiedDomain to srt_ScenarioUnspecifiedDomain" />
    <link:label xlink:type="resource" xlink:label="srt_ScenarioUnspecifiedDomain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_ScenarioUnspecifiedDomain_lbl1" xml:lang="en-US" id="srt_ScenarioUnspecifiedDomain_lbl1">Scenario [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioUnspecifiedDomain" xlink:to="srt_ScenarioUnspecifiedDomain_lbl1" xlink:title="label: ScenarioUnspecifiedDomain to srt_ScenarioUnspecifiedDomain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ScenarioForecastMember" xlink:label="ScenarioForecastMember" xlink:title="ScenarioForecastMember" />
    <link:label xlink:type="resource" xlink:label="srt_ScenarioForecastMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="srt_ScenarioForecastMember" xml:lang="en-US" id="srt_ScenarioForecastMember">Forecast [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioForecastMember" xlink:to="srt_ScenarioForecastMember" xlink:title="label: ScenarioForecastMember to srt_ScenarioForecastMember" />
    <link:label xlink:type="resource" xlink:label="srt_ScenarioForecastMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_ScenarioForecastMember_lbl1" xml:lang="en-US" id="srt_ScenarioForecastMember_lbl1">Forecast [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioForecastMember" xlink:to="srt_ScenarioForecastMember_lbl1" xlink:title="label: ScenarioForecastMember to srt_ScenarioForecastMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_StatementScenarioAxis" xlink:label="StatementScenarioAxis" xlink:title="StatementScenarioAxis" />
    <link:label xlink:type="resource" xlink:label="srt_StatementScenarioAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_StatementScenarioAxis" xml:lang="en-US" id="srt_StatementScenarioAxis">Scenario [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementScenarioAxis" xlink:to="srt_StatementScenarioAxis" xlink:title="label: StatementScenarioAxis to srt_StatementScenarioAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:title="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" />
    <link:label xlink:type="resource" xlink:label="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xml:lang="en-US" id="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis">Investment, Name [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:to="srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:title="label: ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis to srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SegmentGeographicalDomain" xlink:label="SegmentGeographicalDomain" xlink:title="SegmentGeographicalDomain" />
    <link:label xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="srt_SegmentGeographicalDomain" xml:lang="en-US" id="srt_SegmentGeographicalDomain">Geographical [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentGeographicalDomain" xlink:to="srt_SegmentGeographicalDomain" xlink:title="label: SegmentGeographicalDomain to srt_SegmentGeographicalDomain" />
    <link:label xlink:type="resource" xlink:label="srt_SegmentGeographicalDomain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_SegmentGeographicalDomain_lbl1" xml:lang="en-US" id="srt_SegmentGeographicalDomain_lbl1">Geographical [Domain]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SegmentGeographicalDomain" xlink:to="srt_SegmentGeographicalDomain_lbl1" xlink:title="label: SegmentGeographicalDomain to srt_SegmentGeographicalDomain_lbl1" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_StatementGeographicalAxis" xlink:label="StatementGeographicalAxis" xlink:title="StatementGeographicalAxis" />
    <link:label xlink:type="resource" xlink:label="srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_StatementGeographicalAxis" xml:lang="en-US" id="srt_StatementGeographicalAxis">Geographical [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementGeographicalAxis" xlink:to="srt_StatementGeographicalAxis" xlink:title="label: StatementGeographicalAxis to srt_StatementGeographicalAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_CurrencyAxis" xlink:label="CurrencyAxis" xlink:title="CurrencyAxis" />
    <link:label xlink:type="resource" xlink:label="srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_CurrencyAxis" xml:lang="en-US" id="srt_CurrencyAxis">Currency [Axis]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAxis" xlink:to="srt_CurrencyAxis" xlink:title="label: CurrencyAxis to srt_CurrencyAxis" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_EuropeMember" xlink:label="EuropeMember" xlink:title="EuropeMember" />
    <link:label xlink:type="resource" xlink:label="srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_EuropeMember" xml:lang="en-US" id="srt_EuropeMember">Europe [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EuropeMember" xlink:to="srt_EuropeMember" xlink:title="label: EuropeMember to srt_EuropeMember" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_AmericasMember" xlink:label="AmericasMember" xlink:title="AmericasMember" />
    <link:label xlink:type="resource" xlink:label="srt_AmericasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="srt_AmericasMember" xml:lang="en-US" id="srt_AmericasMember">Americas [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmericasMember" xlink:to="srt_AmericasMember" xlink:title="label: AmericasMember to srt_AmericasMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TechnicalResultOfInsuranceAbstract" xlink:label="TechnicalResultOfInsuranceAbstract" xlink:title="TechnicalResultOfInsuranceAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalResultOfInsuranceAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TechnicalResultOfInsuranceAbstract_lbl1" xml:lang="en-US" id="bap_TechnicalResultOfInsuranceAbstract_lbl1">Technical result of insurance [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalResultOfInsuranceAbstract" xlink:to="bap_TechnicalResultOfInsuranceAbstract_lbl1" xlink:title="label: TechnicalResultOfInsuranceAbstract to bap_TechnicalResultOfInsuranceAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalResultOfInsuranceAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TechnicalResultOfInsuranceAbstract" xml:lang="en-US" id="bap_TechnicalResultOfInsuranceAbstract">Technical result of insurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalResultOfInsuranceAbstract" xlink:to="bap_TechnicalResultOfInsuranceAbstract" xlink:title="label: TechnicalResultOfInsuranceAbstract to bap_TechnicalResultOfInsuranceAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:label="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:title="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl" xml:lang="en-US" id="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl">The amount of insurance claims and benefits paid to policyholders, net of reinsurance recoveries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:to="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl" xlink:title="label: InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries to bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl1" xml:lang="en-US" id="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl1">Insurance claims and benefits paid net of reinsurance recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:to="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl1" xlink:title="label: InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries to bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xml:lang="en-US" id="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries">Net claims incurred for life, general and health insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:to="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:title="label: InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries to bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl2" xml:lang="en-US" id="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl2">Net insurance claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries" xlink:to="bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl2" xlink:title="label: InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries to bap_InsuranceClaimsAndBenefitsPaidNetOfReinsuranceRecoveries_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:label="PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:title="PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl" xml:lang="en-US" id="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl">The amount of premiums written, net of premiums ceded to reinsurers and co-insurers and net of technical reserve adjustment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:to="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl" xlink:title="label: PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment to bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl1" xml:lang="en-US" id="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl1">Premiums written, net of reinsurance and technical reserve adjustment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:to="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl1" xlink:title="label: PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment to bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xml:lang="en-US" id="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment">Total technical result of insurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:to="bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" xlink:title="label: PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment to bap_PremiumsWrittenNetOfReinsuranceAndTechnicalReserveAdjustment" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetEarnedPremiums" xlink:label="NetEarnedPremiums" xlink:title="NetEarnedPremiums" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiums_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetEarnedPremiums_lbl" xml:lang="en-US" id="bap_NetEarnedPremiums_lbl">The amount of premiums earned on insurance contracts net of reinsurance premiums.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiums" xlink:to="bap_NetEarnedPremiums_lbl" xlink:title="label: NetEarnedPremiums to bap_NetEarnedPremiums_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiums_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetEarnedPremiums_lbl1" xml:lang="en-US" id="bap_NetEarnedPremiums_lbl1">Net earned premiums</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiums" xlink:to="bap_NetEarnedPremiums_lbl1" xlink:title="label: NetEarnedPremiums to bap_NetEarnedPremiums_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiums" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NetEarnedPremiums" xml:lang="en-US" id="bap_NetEarnedPremiums">Net premiums earned</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiums" xlink:to="bap_NetEarnedPremiums" xlink:title="label: NetEarnedPremiums to bap_NetEarnedPremiums" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForCreditLossesOnLoanPortfolio" xlink:label="ProvisionForCreditLossesOnLoanPortfolio" xlink:title="ProvisionForCreditLossesOnLoanPortfolio" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl">The amount of provision for credit losses on loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolio" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolio to bap_ProvisionForCreditLossesOnLoanPortfolio_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl1" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl1">Provision for credit losses on loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolio" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl1" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolio to bap_ProvisionForCreditLossesOnLoanPortfolio_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolio" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolio" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolio">Provision for gross credit losses on loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolio" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolio" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolio to bap_ProvisionForCreditLossesOnLoanPortfolio" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl2" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl2">Provision for credit losses on loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolio" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolio_lbl2" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolio to bap_ProvisionForCreditLossesOnLoanPortfolio_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherIncomesAbstract" xlink:label="OtherIncomesAbstract" xlink:title="OtherIncomesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherIncomesAbstract_lbl1" xml:lang="en-US" id="bap_OtherIncomesAbstract_lbl1">Other Incomes [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomesAbstract" xlink:to="bap_OtherIncomesAbstract_lbl1" xlink:title="label: OtherIncomesAbstract to bap_OtherIncomesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherIncomesAbstract" xml:lang="en-US" id="bap_OtherIncomesAbstract">Other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomesAbstract" xlink:to="bap_OtherIncomesAbstract" xlink:title="label: OtherIncomesAbstract to bap_OtherIncomesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherExpenseAbstract" xlink:label="OtherExpenseAbstract" xlink:title="OtherExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherExpenseAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherExpenseAbstract_lbl1" xml:lang="en-US" id="bap_OtherExpenseAbstract_lbl1">Other expense [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseAbstract" xlink:to="bap_OtherExpenseAbstract_lbl1" xlink:title="label: OtherExpenseAbstract to bap_OtherExpenseAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherExpenseAbstract" xml:lang="en-US" id="bap_OtherExpenseAbstract">Other expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherExpenseAbstract" xlink:to="bap_OtherExpenseAbstract" xlink:title="label: OtherExpenseAbstract to bap_OtherExpenseAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:label="ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:title="ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl">The net of recoveries amount of provisions for credit losses on loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries to bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl1" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl1">Provision for credit losses on loan portfolio, net of recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl1" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries to bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xml:lang="en-US" id="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries">Provision for credit losses on loan portfolio, net of recoveries</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:to="bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" xlink:title="label: ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries to bap_ProvisionForCreditLossesOnLoanPortfolioNetOfRecoveries" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:label="AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:title="AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" />
    <link:label xlink:type="resource" xlink:label="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl" xml:lang="en-US" id="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl">The increase in acquisition costs arising from insurance contracts resulting from amounts of those costs incurred.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:to="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl" xlink:title="label: AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts to bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl1" xml:lang="en-US" id="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl1">Amounts incurred acquisition costs arising from insurance contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:to="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl1" xlink:title="label: AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts to bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xml:lang="en-US" id="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts">Acquisition cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:to="bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" xlink:title="label: AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts to bap_AmountsIncurredAcquisitionCostsArisingFromInsuranceContracts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SupplementCashFlowInformationAbstract" xlink:label="SupplementCashFlowInformationAbstract" xlink:title="SupplementCashFlowInformationAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_SupplementCashFlowInformationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SupplementCashFlowInformationAbstract_lbl1" xml:lang="en-US" id="bap_SupplementCashFlowInformationAbstract_lbl1">Supplement Cash Flow Information [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplementCashFlowInformationAbstract" xlink:to="bap_SupplementCashFlowInformationAbstract_lbl1" xlink:title="label: SupplementCashFlowInformationAbstract to bap_SupplementCashFlowInformationAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SupplementCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SupplementCashFlowInformationAbstract" xml:lang="en-US" id="bap_SupplementCashFlowInformationAbstract">Additional information from cash flows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SupplementCashFlowInformationAbstract" xlink:to="bap_SupplementCashFlowInformationAbstract" xlink:title="label: SupplementCashFlowInformationAbstract to bap_SupplementCashFlowInformationAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RedemptionOfSubordinateBond" xlink:label="RedemptionOfSubordinateBond" xlink:title="RedemptionOfSubordinateBond" />
    <link:label xlink:type="resource" xlink:label="bap_RedemptionOfSubordinateBond_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RedemptionOfSubordinateBond_lbl" xml:lang="en-US" id="bap_RedemptionOfSubordinateBond_lbl">The cash outflow for subordinate bond.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionOfSubordinateBond" xlink:to="bap_RedemptionOfSubordinateBond_lbl" xlink:title="label: RedemptionOfSubordinateBond to bap_RedemptionOfSubordinateBond_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RedemptionOfSubordinateBond_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RedemptionOfSubordinateBond_lbl1" xml:lang="en-US" id="bap_RedemptionOfSubordinateBond_lbl1">Redemption of subordinate bond</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionOfSubordinateBond" xlink:to="bap_RedemptionOfSubordinateBond_lbl1" xlink:title="label: RedemptionOfSubordinateBond to bap_RedemptionOfSubordinateBond_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RedemptionOfSubordinateBond" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_RedemptionOfSubordinateBond" xml:lang="en-US" id="bap_RedemptionOfSubordinateBond">Subordinated bonds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedemptionOfSubordinateBond" xlink:to="bap_RedemptionOfSubordinateBond" xlink:title="label: RedemptionOfSubordinateBond to bap_RedemptionOfSubordinateBond" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProceedsFromIssuanceOfTreasuryStock" xlink:label="ProceedsFromIssuanceOfTreasuryStock" xlink:title="ProceedsFromIssuanceOfTreasuryStock" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromIssuanceOfTreasuryStock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProceedsFromIssuanceOfTreasuryStock_lbl" xml:lang="en-US" id="bap_ProceedsFromIssuanceOfTreasuryStock_lbl">The cash inflow from the issuance of an equity stock that has been previously reacquired by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceOfTreasuryStock" xlink:to="bap_ProceedsFromIssuanceOfTreasuryStock_lbl" xlink:title="label: ProceedsFromIssuanceOfTreasuryStock to bap_ProceedsFromIssuanceOfTreasuryStock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromIssuanceOfTreasuryStock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProceedsFromIssuanceOfTreasuryStock_lbl1" xml:lang="en-US" id="bap_ProceedsFromIssuanceOfTreasuryStock_lbl1">Proceeds from issuance of treasury stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceOfTreasuryStock" xlink:to="bap_ProceedsFromIssuanceOfTreasuryStock_lbl1" xlink:title="label: ProceedsFromIssuanceOfTreasuryStock to bap_ProceedsFromIssuanceOfTreasuryStock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromIssuanceOfTreasuryStock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProceedsFromIssuanceOfTreasuryStock" xml:lang="en-US" id="bap_ProceedsFromIssuanceOfTreasuryStock">Sale of treasury stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromIssuanceOfTreasuryStock" xlink:to="bap_ProceedsFromIssuanceOfTreasuryStock" xlink:title="label: ProceedsFromIssuanceOfTreasuryStock to bap_ProceedsFromIssuanceOfTreasuryStock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NoncashInvestingAndFinancingItemsOtherAbstract" xlink:label="NoncashInvestingAndFinancingItemsOtherAbstract" xlink:title="NoncashInvestingAndFinancingItemsOtherAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_NoncashInvestingAndFinancingItemsOtherAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NoncashInvestingAndFinancingItemsOtherAbstract_lbl1" xml:lang="en-US" id="bap_NoncashInvestingAndFinancingItemsOtherAbstract_lbl1">Noncash investing and financing items other [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncashInvestingAndFinancingItemsOtherAbstract" xlink:to="bap_NoncashInvestingAndFinancingItemsOtherAbstract_lbl1" xlink:title="label: NoncashInvestingAndFinancingItemsOtherAbstract to bap_NoncashInvestingAndFinancingItemsOtherAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NoncashInvestingAndFinancingItemsOtherAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NoncashInvestingAndFinancingItemsOtherAbstract" xml:lang="en-US" id="bap_NoncashInvestingAndFinancingItemsOtherAbstract">Transactions that do not represent cash flow</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoncashInvestingAndFinancingItemsOtherAbstract" xlink:to="bap_NoncashInvestingAndFinancingItemsOtherAbstract" xlink:title="label: NoncashInvestingAndFinancingItemsOtherAbstract to bap_NoncashInvestingAndFinancingItemsOtherAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SaleOptionOfMinorSharesOfSubsidiary" xlink:label="SaleOptionOfMinorSharesOfSubsidiary" xlink:title="SaleOptionOfMinorSharesOfSubsidiary" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl" xml:lang="en-US" id="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl">The amount of sale option of minor shares of subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOptionOfMinorSharesOfSubsidiary" xlink:to="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl" xlink:title="label: SaleOptionOfMinorSharesOfSubsidiary to bap_SaleOptionOfMinorSharesOfSubsidiary_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl1" xml:lang="en-US" id="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl1">Sale option of minor shares of subsidiary</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOptionOfMinorSharesOfSubsidiary" xlink:to="bap_SaleOptionOfMinorSharesOfSubsidiary_lbl1" xlink:title="label: SaleOptionOfMinorSharesOfSubsidiary to bap_SaleOptionOfMinorSharesOfSubsidiary_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOptionOfMinorSharesOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SaleOptionOfMinorSharesOfSubsidiary" xml:lang="en-US" id="bap_SaleOptionOfMinorSharesOfSubsidiary">Sale option of minor shares of MiBanco Colombia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOptionOfMinorSharesOfSubsidiary" xlink:to="bap_SaleOptionOfMinorSharesOfSubsidiary" xlink:title="label: SaleOptionOfMinorSharesOfSubsidiary to bap_SaleOptionOfMinorSharesOfSubsidiary" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:label="PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:title="PurchaseOfInvestmentsFromAmortizedCostInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl" xml:lang="en-US" id="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl">The cash outflow for the purchase of investments from amortized cost investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:to="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl" xlink:title="label: PurchaseOfInvestmentsFromAmortizedCostInvestments to bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl1" xml:lang="en-US" id="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl1">Purchase of investments from amortized cost investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:to="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl1" xlink:title="label: PurchaseOfInvestmentsFromAmortizedCostInvestments to bap_PurchaseOfInvestmentsFromAmortizedCostInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments" xml:lang="en-US" id="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments">Purchase of investment at amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:to="bap_PurchaseOfInvestmentsFromAmortizedCostInvestments" xlink:title="label: PurchaseOfInvestmentsFromAmortizedCostInvestments to bap_PurchaseOfInvestmentsFromAmortizedCostInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainLossFromSalesOfInvestmentProperty" xlink:label="GainLossFromSalesOfInvestmentProperty" xlink:title="GainLossFromSalesOfInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="bap_GainLossFromSalesOfInvestmentProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainLossFromSalesOfInvestmentProperty_lbl" xml:lang="en-US" id="bap_GainLossFromSalesOfInvestmentProperty_lbl">Amount of gain (loss) from sales of investment property. [Refer: Investment property]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossFromSalesOfInvestmentProperty" xlink:to="bap_GainLossFromSalesOfInvestmentProperty_lbl" xlink:title="label: GainLossFromSalesOfInvestmentProperty to bap_GainLossFromSalesOfInvestmentProperty_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainLossFromSalesOfInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainLossFromSalesOfInvestmentProperty_lbl1" xml:lang="en-US" id="bap_GainLossFromSalesOfInvestmentProperty_lbl1">Gain (loss) from sales of investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossFromSalesOfInvestmentProperty" xlink:to="bap_GainLossFromSalesOfInvestmentProperty_lbl1" xlink:title="label: GainLossFromSalesOfInvestmentProperty to bap_GainLossFromSalesOfInvestmentProperty_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainLossFromSalesOfInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_GainLossFromSalesOfInvestmentProperty" xml:lang="en-US" id="bap_GainLossFromSalesOfInvestmentProperty">Loss from sale of investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainLossFromSalesOfInvestmentProperty" xlink:to="bap_GainLossFromSalesOfInvestmentProperty" xlink:title="label: GainLossFromSalesOfInvestmentProperty to bap_GainLossFromSalesOfInvestmentProperty" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestPaymentsOfLeasingContracts" xlink:label="InterestPaymentsOfLeasingContracts" xlink:title="InterestPaymentsOfLeasingContracts" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPaymentsOfLeasingContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestPaymentsOfLeasingContracts_lbl" xml:lang="en-US" id="bap_InterestPaymentsOfLeasingContracts_lbl">The cash outflow for the interest payments of leasing contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaymentsOfLeasingContracts" xlink:to="bap_InterestPaymentsOfLeasingContracts_lbl" xlink:title="label: InterestPaymentsOfLeasingContracts to bap_InterestPaymentsOfLeasingContracts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPaymentsOfLeasingContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestPaymentsOfLeasingContracts_lbl1" xml:lang="en-US" id="bap_InterestPaymentsOfLeasingContracts_lbl1">Interest payments of leasing contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaymentsOfLeasingContracts" xlink:to="bap_InterestPaymentsOfLeasingContracts_lbl1" xlink:title="label: InterestPaymentsOfLeasingContracts to bap_InterestPaymentsOfLeasingContracts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPaymentsOfLeasingContracts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_InterestPaymentsOfLeasingContracts" xml:lang="en-US" id="bap_InterestPaymentsOfLeasingContracts">Interest payments of leasing contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPaymentsOfLeasingContracts" xlink:to="bap_InterestPaymentsOfLeasingContracts" xlink:title="label: InterestPaymentsOfLeasingContracts to bap_InterestPaymentsOfLeasingContracts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PrincipalPaymentsOfLeasingContracts" xlink:label="PrincipalPaymentsOfLeasingContracts" xlink:title="PrincipalPaymentsOfLeasingContracts" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalPaymentsOfLeasingContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PrincipalPaymentsOfLeasingContracts_lbl" xml:lang="en-US" id="bap_PrincipalPaymentsOfLeasingContracts_lbl">The cash outflow for the principal payments of leasing contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentsOfLeasingContracts" xlink:to="bap_PrincipalPaymentsOfLeasingContracts_lbl" xlink:title="label: PrincipalPaymentsOfLeasingContracts to bap_PrincipalPaymentsOfLeasingContracts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalPaymentsOfLeasingContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PrincipalPaymentsOfLeasingContracts_lbl1" xml:lang="en-US" id="bap_PrincipalPaymentsOfLeasingContracts_lbl1">Principal payments of leasing contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentsOfLeasingContracts" xlink:to="bap_PrincipalPaymentsOfLeasingContracts_lbl1" xlink:title="label: PrincipalPaymentsOfLeasingContracts to bap_PrincipalPaymentsOfLeasingContracts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalPaymentsOfLeasingContracts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_PrincipalPaymentsOfLeasingContracts" xml:lang="en-US" id="bap_PrincipalPaymentsOfLeasingContracts">Principal payments of leasing contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalPaymentsOfLeasingContracts" xlink:to="bap_PrincipalPaymentsOfLeasingContracts" xlink:title="label: PrincipalPaymentsOfLeasingContracts to bap_PrincipalPaymentsOfLeasingContracts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RecognitionOfLeaseOperations" xlink:label="RecognitionOfLeaseOperations" xlink:title="RecognitionOfLeaseOperations" />
    <link:label xlink:type="resource" xlink:label="bap_RecognitionOfLeaseOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RecognitionOfLeaseOperations_lbl" xml:lang="en-US" id="bap_RecognitionOfLeaseOperations_lbl">The amount of recognition of lease operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecognitionOfLeaseOperations" xlink:to="bap_RecognitionOfLeaseOperations_lbl" xlink:title="label: RecognitionOfLeaseOperations to bap_RecognitionOfLeaseOperations_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RecognitionOfLeaseOperations_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RecognitionOfLeaseOperations_lbl1" xml:lang="en-US" id="bap_RecognitionOfLeaseOperations_lbl1">Recognition of lease operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecognitionOfLeaseOperations" xlink:to="bap_RecognitionOfLeaseOperations_lbl1" xlink:title="label: RecognitionOfLeaseOperations to bap_RecognitionOfLeaseOperations_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RecognitionOfLeaseOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RecognitionOfLeaseOperations" xml:lang="en-US" id="bap_RecognitionOfLeaseOperations">Recognition of lease operations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecognitionOfLeaseOperations" xlink:to="bap_RecognitionOfLeaseOperations" xlink:title="label: RecognitionOfLeaseOperations to bap_RecognitionOfLeaseOperations" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PurchaseOfTreasuryStockInFinancingActivities" xlink:label="PurchaseOfTreasuryStockInFinancingActivities" xlink:title="PurchaseOfTreasuryStockInFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl" xml:lang="en-US" id="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl">Increase decrease in equity resulting from the purchase of treasury shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfTreasuryStockInFinancingActivities" xlink:to="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl" xlink:title="label: PurchaseOfTreasuryStockInFinancingActivities to bap_PurchaseOfTreasuryStockInFinancingActivities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl1" xml:lang="en-US" id="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl1">Purchase of treasury stock in financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfTreasuryStockInFinancingActivities" xlink:to="bap_PurchaseOfTreasuryStockInFinancingActivities_lbl1" xlink:title="label: PurchaseOfTreasuryStockInFinancingActivities to bap_PurchaseOfTreasuryStockInFinancingActivities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfTreasuryStockInFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_PurchaseOfTreasuryStockInFinancingActivities" xml:lang="en-US" id="bap_PurchaseOfTreasuryStockInFinancingActivities">Purchase of treasury stock</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfTreasuryStockInFinancingActivities" xlink:to="bap_PurchaseOfTreasuryStockInFinancingActivities" xlink:title="label: PurchaseOfTreasuryStockInFinancingActivities to bap_PurchaseOfTreasuryStockInFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:label="ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:title="ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" />
    <link:label xlink:type="resource" xlink:label="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl" xml:lang="en-US" id="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl">Value of reclassification from investments at amortized cost to fair value with changes in equity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:to="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl" xlink:title="label: ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity to bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl1" xml:lang="en-US" id="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl1">Reclassification from investments at amortized cost to fair value with changes in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:to="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl1" xlink:title="label: ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity to bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xml:lang="en-US" id="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity">Reclassification from investments at amortized cost to fair value with changes in equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:to="bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" xlink:title="label: ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity to bap_ReclassificationFromInvestmentsAtAmortizedCostToFairValueWithChangesInEquity" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetChangesInAssetsAndLiabilitiesAbstract" xlink:label="NetChangesInAssetsAndLiabilitiesAbstract" xlink:title="NetChangesInAssetsAndLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_NetChangesInAssetsAndLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetChangesInAssetsAndLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_NetChangesInAssetsAndLiabilitiesAbstract_lbl1">Net changes in assets and liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetChangesInAssetsAndLiabilitiesAbstract" xlink:to="bap_NetChangesInAssetsAndLiabilitiesAbstract_lbl1" xlink:title="label: NetChangesInAssetsAndLiabilitiesAbstract to bap_NetChangesInAssetsAndLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetChangesInAssetsAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NetChangesInAssetsAndLiabilitiesAbstract" xml:lang="en-US" id="bap_NetChangesInAssetsAndLiabilitiesAbstract">Net changes in assets and liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetChangesInAssetsAndLiabilitiesAbstract" xlink:to="bap_NetChangesInAssetsAndLiabilitiesAbstract" xlink:title="label: NetChangesInAssetsAndLiabilitiesAbstract to bap_NetChangesInAssetsAndLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseInLiabilitiesAbstract" xlink:label="IncreaseDecreaseInLiabilitiesAbstract" xlink:title="IncreaseDecreaseInLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseInLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseInLiabilitiesAbstract_lbl1">Increase decrease in liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInLiabilitiesAbstract" xlink:to="bap_IncreaseDecreaseInLiabilitiesAbstract_lbl1" xlink:title="label: IncreaseDecreaseInLiabilitiesAbstract to bap_IncreaseDecreaseInLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_IncreaseDecreaseInLiabilitiesAbstract" xml:lang="en-US" id="bap_IncreaseDecreaseInLiabilitiesAbstract">Net increase (decrease) in liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInLiabilitiesAbstract" xlink:to="bap_IncreaseDecreaseInLiabilitiesAbstract" xlink:title="label: IncreaseDecreaseInLiabilitiesAbstract to bap_IncreaseDecreaseInLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:label="AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:title="AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl" xml:lang="en-US" id="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl">Adjustments for increase (decrease) in notes issued to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:to="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl" xlink:title="label: AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued to bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl1" xml:lang="en-US" id="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl1">Adjustments for increase decrease in bonds and notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:to="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl1" xlink:title="label: AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued to bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xml:lang="en-US" id="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued">Bonds and notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:to="bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" xlink:title="label: AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued to bap_AdjustmentsForIncreaseDecreaseInBondsAndNotesIssued" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseInAssetsAbstract" xlink:label="IncreaseDecreaseInAssetsAbstract" xlink:title="IncreaseDecreaseInAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseInAssetsAbstract_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseInAssetsAbstract_lbl1">Increase decrease in assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInAssetsAbstract" xlink:to="bap_IncreaseDecreaseInAssetsAbstract_lbl1" xlink:title="label: IncreaseDecreaseInAssetsAbstract to bap_IncreaseDecreaseInAssetsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_IncreaseDecreaseInAssetsAbstract" xml:lang="en-US" id="bap_IncreaseDecreaseInAssetsAbstract">Net (increase) decrease in assets:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInAssetsAbstract" xlink:to="bap_IncreaseDecreaseInAssetsAbstract" xlink:title="label: IncreaseDecreaseInAssetsAbstract to bap_IncreaseDecreaseInAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentsForSaleOfWrittenOffPortfolio" xlink:label="AdjustmentsForSaleOfWrittenOffPortfolio" xlink:title="AdjustmentsForSaleOfWrittenOffPortfolio" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl" xml:lang="en-US" id="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl">The amount of adjustments for sale of written off portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSaleOfWrittenOffPortfolio" xlink:to="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl" xlink:title="label: AdjustmentsForSaleOfWrittenOffPortfolio to bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl1" xml:lang="en-US" id="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl1">Adjustments for sale of written off portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSaleOfWrittenOffPortfolio" xlink:to="bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl1" xlink:title="label: AdjustmentsForSaleOfWrittenOffPortfolio to bap_AdjustmentsForSaleOfWrittenOffPortfolio_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForSaleOfWrittenOffPortfolio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdjustmentsForSaleOfWrittenOffPortfolio" xml:lang="en-US" id="bap_AdjustmentsForSaleOfWrittenOffPortfolio">Sale of written off portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForSaleOfWrittenOffPortfolio" xlink:to="bap_AdjustmentsForSaleOfWrittenOffPortfolio" xlink:title="label: AdjustmentsForSaleOfWrittenOffPortfolio to bap_AdjustmentsForSaleOfWrittenOffPortfolio" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentsForDepreciationOfRightOfUseAssets" xlink:label="AdjustmentsForDepreciationOfRightOfUseAssets" xlink:title="AdjustmentsForDepreciationOfRightOfUseAssets" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl" xml:lang="en-US" id="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl">Adjustments for depreciation of right-of-use assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Depreciation and amortization expense; Profit (loss)]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationOfRightOfUseAssets" xlink:to="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl" xlink:title="label: AdjustmentsForDepreciationOfRightOfUseAssets to bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl1" xml:lang="en-US" id="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl1">Adjustments for depreciation of right of use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationOfRightOfUseAssets" xlink:to="bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl1" xlink:title="label: AdjustmentsForDepreciationOfRightOfUseAssets to bap_AdjustmentsForDepreciationOfRightOfUseAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForDepreciationOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdjustmentsForDepreciationOfRightOfUseAssets" xml:lang="en-US" id="bap_AdjustmentsForDepreciationOfRightOfUseAssets">Depreciation of right-of-use assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationOfRightOfUseAssets" xlink:to="bap_AdjustmentsForDepreciationOfRightOfUseAssets" xlink:title="label: AdjustmentsForDepreciationOfRightOfUseAssets to bap_AdjustmentsForDepreciationOfRightOfUseAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:label="NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:title="NetGainOrLossFromSaleOfWrittenOffPortfolio" />
    <link:label xlink:type="resource" xlink:label="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl" xml:lang="en-US" id="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl">The amount of net gain or loss from sale of written-off portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:to="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl" xlink:title="label: NetGainOrLossFromSaleOfWrittenOffPortfolio to bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl1" xml:lang="en-US" id="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl1">Net gain or loss from sale of written-off portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:to="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl1" xlink:title="label: NetGainOrLossFromSaleOfWrittenOffPortfolio to bap_NetGainOrLossFromSaleOfWrittenOffPortfolio_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio" xml:lang="en-US" id="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio">Net gain from sale of written-off portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:to="bap_NetGainOrLossFromSaleOfWrittenOffPortfolio" xlink:title="label: NetGainOrLossFromSaleOfWrittenOffPortfolio to bap_NetGainOrLossFromSaleOfWrittenOffPortfolio" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepreciationOnInvestmentProperty" xlink:label="DepreciationOnInvestmentProperty" xlink:title="DepreciationOnInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOnInvestmentProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepreciationOnInvestmentProperty_lbl" xml:lang="en-US" id="bap_DepreciationOnInvestmentProperty_lbl">The amount of depreciation recognized on investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOnInvestmentProperty" xlink:to="bap_DepreciationOnInvestmentProperty_lbl" xlink:title="label: DepreciationOnInvestmentProperty to bap_DepreciationOnInvestmentProperty_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOnInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepreciationOnInvestmentProperty_lbl1" xml:lang="en-US" id="bap_DepreciationOnInvestmentProperty_lbl1">Depreciation on investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOnInvestmentProperty" xlink:to="bap_DepreciationOnInvestmentProperty_lbl1" xlink:title="label: DepreciationOnInvestmentProperty to bap_DepreciationOnInvestmentProperty_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOnInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DepreciationOnInvestmentProperty" xml:lang="en-US" id="bap_DepreciationOnInvestmentProperty">Depreciation of investment properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOnInvestmentProperty" xlink:to="bap_DepreciationOnInvestmentProperty" xlink:title="label: DepreciationOnInvestmentProperty to bap_DepreciationOnInvestmentProperty" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:label="ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:title="ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" xml:lang="en-US" id="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl">The amount of the expense relating to short term leases and leases of low-value assets accounted for applying paragraph 6 of IFRS 16.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" xlink:title="label: ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed to bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl1" xml:lang="en-US" id="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl1">Expense relating to short term leases and leases of low-value assets for which recognition exemption has been used</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl1" xlink:title="label: ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed to bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xml:lang="en-US" id="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed">Short-term and low-value lease payments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:title="label: ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed to bap_ExpenseRelatingToShortTermLeasesAndLeasesOfLowValueAssetsForWhichRecognitionExemptionHasBeenUsed" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:label="IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:title="IntangibleLossesDueToWithdrawalsAndDismissedProjects" />
    <link:label xlink:type="resource" xlink:label="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl" xml:lang="en-US" id="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl">The amount of Intangible losses due to withdrawals and dismissed projects.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl" xlink:title="label: IntangibleLossesDueToWithdrawalsAndDismissedProjects to bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl1" xml:lang="en-US" id="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl1">Intangible losses due to withdrawals and dismissed projects</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl1" xlink:title="label: IntangibleLossesDueToWithdrawalsAndDismissedProjects to bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects" xml:lang="en-US" id="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects">Intangible losses due to withdrawals and dismissed projects</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects" xlink:title="label: IntangibleLossesDueToWithdrawalsAndDismissedProjects to bap_IntangibleLossesDueToWithdrawalsAndDismissedProjects" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProceedsFromAmortizedCostInvestments" xlink:label="ProceedsFromAmortizedCostInvestments" xlink:title="ProceedsFromAmortizedCostInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromAmortizedCostInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProceedsFromAmortizedCostInvestments_lbl" xml:lang="en-US" id="bap_ProceedsFromAmortizedCostInvestments_lbl">The cash inflow from collections for maturities and coupons of investment at amortized cost.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromAmortizedCostInvestments" xlink:to="bap_ProceedsFromAmortizedCostInvestments_lbl" xlink:title="label: ProceedsFromAmortizedCostInvestments to bap_ProceedsFromAmortizedCostInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromAmortizedCostInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProceedsFromAmortizedCostInvestments_lbl1" xml:lang="en-US" id="bap_ProceedsFromAmortizedCostInvestments_lbl1">Proceeds from amortized cost investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromAmortizedCostInvestments" xlink:to="bap_ProceedsFromAmortizedCostInvestments_lbl1" xlink:title="label: ProceedsFromAmortizedCostInvestments to bap_ProceedsFromAmortizedCostInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProceedsFromAmortizedCostInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProceedsFromAmortizedCostInvestments" xml:lang="en-US" id="bap_ProceedsFromAmortizedCostInvestments">Revenue from sales and reimbursement of investment to amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProceedsFromAmortizedCostInvestments" xlink:to="bap_ProceedsFromAmortizedCostInvestments" xlink:title="label: ProceedsFromAmortizedCostInvestments to bap_ProceedsFromAmortizedCostInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentsForTechnicalReserves" xlink:label="AdjustmentsForTechnicalReserves" xlink:title="AdjustmentsForTechnicalReserves" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForTechnicalReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentsForTechnicalReserves_lbl" xml:lang="en-US" id="bap_AdjustmentsForTechnicalReserves_lbl">Adjustments for technical reserves to reconcile profit (loss) to net cash flow from (used in) operating activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForTechnicalReserves" xlink:to="bap_AdjustmentsForTechnicalReserves_lbl" xlink:title="label: AdjustmentsForTechnicalReserves to bap_AdjustmentsForTechnicalReserves_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForTechnicalReserves_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentsForTechnicalReserves_lbl1" xml:lang="en-US" id="bap_AdjustmentsForTechnicalReserves_lbl1">Adjustments for technical reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForTechnicalReserves" xlink:to="bap_AdjustmentsForTechnicalReserves_lbl1" xlink:title="label: AdjustmentsForTechnicalReserves to bap_AdjustmentsForTechnicalReserves_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForTechnicalReserves" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AdjustmentsForTechnicalReserves" xml:lang="en-US" id="bap_AdjustmentsForTechnicalReserves">Adjustment of technical reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForTechnicalReserves" xlink:to="bap_AdjustmentsForTechnicalReserves" xlink:title="label: AdjustmentsForTechnicalReserves to bap_AdjustmentsForTechnicalReserves" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:label="AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:title="AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl" xml:lang="en-US" id="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl">Adjustments for gains (losses) arising from a change in the fair value of investment property to reconcile fair value through other comprehensive income to net cash flow from (used in) operating activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:to="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl" xlink:title="label: AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty to bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl1" xml:lang="en-US" id="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl1">Adjustments for gains losses on fair value adjustment recognized in other comprehensive income investment property</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:to="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl1" xlink:title="label: AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty to bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xml:lang="en-US" id="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty">Investments 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="AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:to="bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" xlink:title="label: AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty to bap_AdjustmentsForGainslossesOnFairValueAdjustmentRecognizedInOtherComprehensiveIncomeInvestmentProperty" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsMember" xlink:label="SubordinatedBondsMember" xlink:title="SubordinatedBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsMember_lbl">This member stands for subordinated bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsMember" xlink:to="bap_SubordinatedBondsMember_lbl" xlink:title="label: SubordinatedBondsMember to bap_SubordinatedBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsMember_lbl1">Subordinated bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsMember" xlink:to="bap_SubordinatedBondsMember_lbl1" xlink:title="label: SubordinatedBondsMember to bap_SubordinatedBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsMember" xml:lang="en-US" id="bap_SubordinatedBondsMember">Subordinated Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsMember" xlink:to="bap_SubordinatedBondsMember" xlink:title="label: SubordinatedBondsMember to bap_SubordinatedBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SubordinatedBondsMember_lbl2" xml:lang="en-US" id="bap_SubordinatedBondsMember_lbl2">Subordinated Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsMember" xlink:to="bap_SubordinatedBondsMember_lbl2" xlink:title="label: SubordinatedBondsMember to bap_SubordinatedBondsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:label="IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:title="IncreaseDecreaseThroughReceivedFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl">The amount of increase (decrease) through cash received from financing activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl" xlink:title="label: IncreaseDecreaseThroughReceivedFromFinancingActivities to bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl1">Increase (decrease) through received from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl1" xlink:title="label: IncreaseDecreaseThroughReceivedFromFinancingActivities to bap_IncreaseDecreaseThroughReceivedFromFinancingActivities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities" xml:lang="en-US" id="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities">Received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughReceivedFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughReceivedFromFinancingActivities to bap_IncreaseDecreaseThroughReceivedFromFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:label="IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:title="IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl">The amount of increase (decrease) through payment of arising from financing activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl" xlink:title="label: IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities to bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl1">Increase (decrease) through payment of arising from financing activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl1" xlink:title="label: IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities to bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xml:lang="en-US" id="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities">Paid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:to="bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" xlink:title="label: IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities to bap_IncreaseDecreaseThroughPaymentOfArisingFromFinancingActivities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_COMMITMENTSANDCONTINGENCIESAbstract" xlink:label="COMMITMENTSANDCONTINGENCIESAbstract" xlink:title="COMMITMENTSANDCONTINGENCIESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_COMMITMENTSANDCONTINGENCIESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_COMMITMENTSANDCONTINGENCIESAbstract_lbl1" xml:lang="en-US" id="bap_COMMITMENTSANDCONTINGENCIESAbstract_lbl1">COMMITMENTS AND CONTINGENCIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COMMITMENTSANDCONTINGENCIESAbstract" xlink:to="bap_COMMITMENTSANDCONTINGENCIESAbstract_lbl1" xlink:title="label: COMMITMENTSANDCONTINGENCIESAbstract to bap_COMMITMENTSANDCONTINGENCIESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:label="FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:title="FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl" xml:lang="en-US" id="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl">The amount of fair value of investments through other comprehensive income pledged as a collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:to="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl" xlink:title="label: FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral to bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl1" xml:lang="en-US" id="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl1">Fair value of investments Through other comprehensive income pledged as collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:to="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl1" xlink:title="label: FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral to bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xml:lang="en-US" id="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral">At fair value through other comprehensive income pledged as collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:to="bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" xlink:title="label: FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral to bap_FairValueOfInvestmentsThroughOtherComprehensiveIncomePledgedAsCollateral" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:label="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:title="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl" xml:lang="en-US" id="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl">The amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:to="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl" xlink:title="label: CashCashEquivalentsAndRestrictedCashAndCashEquivalents to bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl1" xml:lang="en-US" id="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl1">Cash, Cash Equivalents, and Restricted Cash and Cash Equivalents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:to="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl1" xlink:title="label: CashCashEquivalentsAndRestrictedCashAndCashEquivalents to bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xml:lang="en-US" id="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents">Total cash and due from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:to="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:title="label: CashCashEquivalentsAndRestrictedCashAndCashEquivalents to bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:label="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl2" xml:lang="en-US" id="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl2">Cash and due from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCashEquivalentsAndRestrictedCashAndCashEquivalents" xlink:to="bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl2" xlink:title="label: CashCashEquivalentsAndRestrictedCashAndCashEquivalents to bap_CashCashEquivalentsAndRestrictedCashAndCashEquivalents_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LoansAndAdvancesAbstract" xlink:label="LoansAndAdvancesAbstract" xlink:title="LoansAndAdvancesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_LoansAndAdvancesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LoansAndAdvancesAbstract_lbl1" xml:lang="en-US" id="bap_LoansAndAdvancesAbstract_lbl1">Loans and advances [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesAbstract" xlink:to="bap_LoansAndAdvancesAbstract_lbl1" xlink:title="label: LoansAndAdvancesAbstract to bap_LoansAndAdvancesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LoansAndAdvancesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_LoansAndAdvancesAbstract" xml:lang="en-US" id="bap_LoansAndAdvancesAbstract">Loans:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesAbstract" xlink:to="bap_LoansAndAdvancesAbstract" xlink:title="label: LoansAndAdvancesAbstract to bap_LoansAndAdvancesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LoansAndAdvancesToCustomersGross" xlink:label="LoansAndAdvancesToCustomersGross" xlink:title="LoansAndAdvancesToCustomersGross" />
    <link:label xlink:type="resource" xlink:label="bap_LoansAndAdvancesToCustomersGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LoansAndAdvancesToCustomersGross_lbl" xml:lang="en-US" id="bap_LoansAndAdvancesToCustomersGross_lbl">The amount of loans before allowances for loan losses, the entity has made to customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomersGross" xlink:to="bap_LoansAndAdvancesToCustomersGross_lbl" xlink:title="label: LoansAndAdvancesToCustomersGross to bap_LoansAndAdvancesToCustomersGross_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LoansAndAdvancesToCustomersGross_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LoansAndAdvancesToCustomersGross_lbl1" xml:lang="en-US" id="bap_LoansAndAdvancesToCustomersGross_lbl1">Loans and advances to customers, gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomersGross" xlink:to="bap_LoansAndAdvancesToCustomersGross_lbl1" xlink:title="label: LoansAndAdvancesToCustomersGross to bap_LoansAndAdvancesToCustomersGross_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LoansAndAdvancesToCustomersGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LoansAndAdvancesToCustomersGross" xml:lang="en-US" id="bap_LoansAndAdvancesToCustomersGross">Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansAndAdvancesToCustomersGross" xlink:to="bap_LoansAndAdvancesToCustomersGross" xlink:title="label: LoansAndAdvancesToCustomersGross to bap_LoansAndAdvancesToCustomersGross" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonInterestBearingDeposits" xlink:label="NonInterestBearingDeposits" xlink:title="NonInterestBearingDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_NonInterestBearingDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NonInterestBearingDeposits_lbl" xml:lang="en-US" id="bap_NonInterestBearingDeposits_lbl">The amount of non interest bearing deposit from customers as well as banks held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonInterestBearingDeposits" xlink:to="bap_NonInterestBearingDeposits_lbl" xlink:title="label: NonInterestBearingDeposits to bap_NonInterestBearingDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NonInterestBearingDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonInterestBearingDeposits_lbl1" xml:lang="en-US" id="bap_NonInterestBearingDeposits_lbl1">Non interest bearing deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonInterestBearingDeposits" xlink:to="bap_NonInterestBearingDeposits_lbl1" xlink:title="label: NonInterestBearingDeposits to bap_NonInterestBearingDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonInterestBearingDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NonInterestBearingDeposits" xml:lang="en-US" id="bap_NonInterestBearingDeposits">Non-interest-bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonInterestBearingDeposits" xlink:to="bap_NonInterestBearingDeposits" xlink:title="label: NonInterestBearingDeposits to bap_NonInterestBearingDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestBearingDeposits" xlink:label="InterestBearingDeposits" xlink:title="InterestBearingDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestBearingDeposits_lbl" xml:lang="en-US" id="bap_InterestBearingDeposits_lbl">The amount of interest bearing deposit from customers as well as banks held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposits" xlink:to="bap_InterestBearingDeposits_lbl" xlink:title="label: InterestBearingDeposits to bap_InterestBearingDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestBearingDeposits_lbl1" xml:lang="en-US" id="bap_InterestBearingDeposits_lbl1">Interest bearing deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposits" xlink:to="bap_InterestBearingDeposits_lbl1" xlink:title="label: InterestBearingDeposits to bap_InterestBearingDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InterestBearingDeposits" xml:lang="en-US" id="bap_InterestBearingDeposits">Interest-bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposits" xlink:to="bap_InterestBearingDeposits" xlink:title="label: InterestBearingDeposits to bap_InterestBearingDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityAttributableToOwnersOfParentAbstract" xlink:label="EquityAttributableToOwnersOfParentAbstract" xlink:title="EquityAttributableToOwnersOfParentAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_EquityAttributableToOwnersOfParentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityAttributableToOwnersOfParentAbstract_lbl1" xml:lang="en-US" id="bap_EquityAttributableToOwnersOfParentAbstract_lbl1">Equity attributable to owners of parent [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentAbstract" xlink:to="bap_EquityAttributableToOwnersOfParentAbstract_lbl1" xlink:title="label: EquityAttributableToOwnersOfParentAbstract to bap_EquityAttributableToOwnersOfParentAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityAttributableToOwnersOfParentAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_EquityAttributableToOwnersOfParentAbstract" xml:lang="en-US" id="bap_EquityAttributableToOwnersOfParentAbstract">Equity attributable to Credicorp's equity holders:</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAttributableToOwnersOfParentAbstract" xlink:to="bap_EquityAttributableToOwnersOfParentAbstract" xlink:title="label: EquityAttributableToOwnersOfParentAbstract to bap_EquityAttributableToOwnersOfParentAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:label="FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:title="FinancialAssetsAtAmortizedCostPledgedAsCollateral" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl">The amount of amortized cost pledged as a collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl" xlink:title="label: FinancialAssetsAtAmortizedCostPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl1">Financial assets at amortized cost pledged as collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl1" xlink:title="label: FinancialAssetsAtAmortizedCostPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral">Amortized cost pledged as collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral" xlink:title="label: FinancialAssetsAtAmortizedCostPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostPledgedAsCollateral" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:label="FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:title="FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US" id="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl">The amount of financial assets that are designated at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:to="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl" xlink:title="label: FinancialAssetDesignatedAtFairValueThroughProfitOrLoss to bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl1" xml:lang="en-US" id="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl1">Financial asset designated 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="FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:to="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl1" xlink:title="label: FinancialAssetDesignatedAtFairValueThroughProfitOrLoss to bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xml:lang="en-US" id="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss">Financial assets designated 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="FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:to="bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" xlink:title="label: FinancialAssetDesignatedAtFairValueThroughProfitOrLoss to bap_FinancialAssetDesignatedAtFairValueThroughProfitOrLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:label="FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:title="FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl">The amount of financial assets at amortized cost and also include pledged as collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl" xlink:title="label: FinancialAssetsAtAmortizedCostAndPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl1">Financial assets at amortized cost and pledged as collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl1" xlink:title="label: FinancialAssetsAtAmortizedCostAndPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral">Amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:to="bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" xlink:title="label: FinancialAssetsAtAmortizedCostAndPledgedAsCollateral to bap_FinancialAssetsAtAmortizedCostAndPledgedAsCollateral" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityInterestAndOtherReserves" xlink:label="EquityInterestAndOtherReserves" xlink:title="EquityInterestAndOtherReserves" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInterestAndOtherReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquityInterestAndOtherReserves_lbl" xml:lang="en-US" id="bap_EquityInterestAndOtherReserves_lbl">The amount of equity interest and reserve of an entity without share capital that the entity does not separately disclose in the same statement or note.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInterestAndOtherReserves" xlink:to="bap_EquityInterestAndOtherReserves_lbl" xlink:title="label: EquityInterestAndOtherReserves to bap_EquityInterestAndOtherReserves_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInterestAndOtherReserves_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityInterestAndOtherReserves_lbl1" xml:lang="en-US" id="bap_EquityInterestAndOtherReserves_lbl1">Equity interest and other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInterestAndOtherReserves" xlink:to="bap_EquityInterestAndOtherReserves_lbl1" xlink:title="label: EquityInterestAndOtherReserves to bap_EquityInterestAndOtherReserves_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInterestAndOtherReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquityInterestAndOtherReserves" xml:lang="en-US" id="bap_EquityInterestAndOtherReserves">Reserves and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInterestAndOtherReserves" xlink:to="bap_EquityInterestAndOtherReserves" xlink:title="label: EquityInterestAndOtherReserves to bap_EquityInterestAndOtherReserves" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashInterestBearing" xlink:label="CashInterestBearing" xlink:title="CashInterestBearing" />
    <link:label xlink:type="resource" xlink:label="bap_CashInterestBearing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashInterestBearing_lbl" xml:lang="en-US" id="bap_CashInterestBearing_lbl">The amount of cash held in an interest bearing deposits by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashInterestBearing" xlink:to="bap_CashInterestBearing_lbl" xlink:title="label: CashInterestBearing to bap_CashInterestBearing_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashInterestBearing_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashInterestBearing_lbl1" xml:lang="en-US" id="bap_CashInterestBearing_lbl1">Cash, interest bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashInterestBearing" xlink:to="bap_CashInterestBearing_lbl1" xlink:title="label: CashInterestBearing to bap_CashInterestBearing_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashInterestBearing" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CashInterestBearing" xml:lang="en-US" id="bap_CashInterestBearing">Interest-bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashInterestBearing" xlink:to="bap_CashInterestBearing" xlink:title="label: CashInterestBearing to bap_CashInterestBearing" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashNonInterestBearing" xlink:label="CashNonInterestBearing" xlink:title="CashNonInterestBearing" />
    <link:label xlink:type="resource" xlink:label="bap_CashNonInterestBearing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashNonInterestBearing_lbl" xml:lang="en-US" id="bap_CashNonInterestBearing_lbl">The amount of cash held in non-interest bearing deposits by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashNonInterestBearing" xlink:to="bap_CashNonInterestBearing_lbl" xlink:title="label: CashNonInterestBearing to bap_CashNonInterestBearing_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashNonInterestBearing_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashNonInterestBearing_lbl1" xml:lang="en-US" id="bap_CashNonInterestBearing_lbl1">Cash, non-interest bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashNonInterestBearing" xlink:to="bap_CashNonInterestBearing_lbl1" xlink:title="label: CashNonInterestBearing to bap_CashNonInterestBearing_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashNonInterestBearing" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CashNonInterestBearing" xml:lang="en-US" id="bap_CashNonInterestBearing">Non-interest-bearing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashNonInterestBearing" xlink:to="bap_CashNonInterestBearing" xlink:title="label: CashNonInterestBearing to bap_CashNonInterestBearing" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExpensesForAdditionalParticipation" xlink:label="ExpensesForAdditionalParticipation" xlink:title="ExpensesForAdditionalParticipation" />
    <link:label xlink:type="resource" xlink:label="bap_ExpensesForAdditionalParticipation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExpensesForAdditionalParticipation_lbl" xml:lang="en-US" id="bap_ExpensesForAdditionalParticipation_lbl">The amount of expenses or benefits to the employees towards their additional participation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesForAdditionalParticipation" xlink:to="bap_ExpensesForAdditionalParticipation_lbl" xlink:title="label: ExpensesForAdditionalParticipation to bap_ExpensesForAdditionalParticipation_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExpensesForAdditionalParticipation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExpensesForAdditionalParticipation_lbl1" xml:lang="en-US" id="bap_ExpensesForAdditionalParticipation_lbl1">Expenses for additional participation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesForAdditionalParticipation" xlink:to="bap_ExpensesForAdditionalParticipation_lbl1" xlink:title="label: ExpensesForAdditionalParticipation to bap_ExpensesForAdditionalParticipation_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExpensesForAdditionalParticipation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExpensesForAdditionalParticipation" xml:lang="en-US" id="bap_ExpensesForAdditionalParticipation">Additional participation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpensesForAdditionalParticipation" xlink:to="bap_ExpensesForAdditionalParticipation" xlink:title="label: ExpensesForAdditionalParticipation to bap_ExpensesForAdditionalParticipation" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EmployeeSeveranceIndemnities" xlink:label="EmployeeSeveranceIndemnities" xlink:title="EmployeeSeveranceIndemnities" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeeSeveranceIndemnities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EmployeeSeveranceIndemnities_lbl" xml:lang="en-US" id="bap_EmployeeSeveranceIndemnities_lbl">The amount of expenses that represents severance indemnities in employee contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeSeveranceIndemnities" xlink:to="bap_EmployeeSeveranceIndemnities_lbl" xlink:title="label: EmployeeSeveranceIndemnities to bap_EmployeeSeveranceIndemnities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeeSeveranceIndemnities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EmployeeSeveranceIndemnities_lbl1" xml:lang="en-US" id="bap_EmployeeSeveranceIndemnities_lbl1">Employee severance indemnities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeSeveranceIndemnities" xlink:to="bap_EmployeeSeveranceIndemnities_lbl1" xlink:title="label: EmployeeSeveranceIndemnities to bap_EmployeeSeveranceIndemnities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeeSeveranceIndemnities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EmployeeSeveranceIndemnities" xml:lang="en-US" id="bap_EmployeeSeveranceIndemnities">Severance indemnities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeeSeveranceIndemnities" xlink:to="bap_EmployeeSeveranceIndemnities" xlink:title="label: EmployeeSeveranceIndemnities to bap_EmployeeSeveranceIndemnities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_VacationsMedicalAssistanceAndOthersExpenses" xlink:label="VacationsMedicalAssistanceAndOthersExpenses" xlink:title="VacationsMedicalAssistanceAndOthersExpenses" />
    <link:label xlink:type="resource" xlink:label="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl" xml:lang="en-US" id="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl">The amount of employee benefits expense that represents vacations, medical assistance and other employee expenses that the entity does not separately disclose in the same statement or note.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VacationsMedicalAssistanceAndOthersExpenses" xlink:to="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl" xlink:title="label: VacationsMedicalAssistanceAndOthersExpenses to bap_VacationsMedicalAssistanceAndOthersExpenses_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl1" xml:lang="en-US" id="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl1">Vacations, medical assistance and others expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VacationsMedicalAssistanceAndOthersExpenses" xlink:to="bap_VacationsMedicalAssistanceAndOthersExpenses_lbl1" xlink:title="label: VacationsMedicalAssistanceAndOthersExpenses to bap_VacationsMedicalAssistanceAndOthersExpenses_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_VacationsMedicalAssistanceAndOthersExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_VacationsMedicalAssistanceAndOthersExpenses" xml:lang="en-US" id="bap_VacationsMedicalAssistanceAndOthersExpenses">Vacations, medical assistance and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VacationsMedicalAssistanceAndOthersExpenses" xlink:to="bap_VacationsMedicalAssistanceAndOthersExpenses" xlink:title="label: VacationsMedicalAssistanceAndOthersExpenses to bap_VacationsMedicalAssistanceAndOthersExpenses" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProfitSharingEmployeeBenefits" xlink:label="ProfitSharingEmployeeBenefits" xlink:title="ProfitSharingEmployeeBenefits" />
    <link:label xlink:type="resource" xlink:label="bap_ProfitSharingEmployeeBenefits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProfitSharingEmployeeBenefits_lbl" xml:lang="en-US" id="bap_ProfitSharingEmployeeBenefits_lbl">The amount of profit sharing allocated to employees for their services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitSharingEmployeeBenefits" xlink:to="bap_ProfitSharingEmployeeBenefits_lbl" xlink:title="label: ProfitSharingEmployeeBenefits to bap_ProfitSharingEmployeeBenefits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProfitSharingEmployeeBenefits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProfitSharingEmployeeBenefits_lbl1" xml:lang="en-US" id="bap_ProfitSharingEmployeeBenefits_lbl1">Profit sharing, employee benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitSharingEmployeeBenefits" xlink:to="bap_ProfitSharingEmployeeBenefits_lbl1" xlink:title="label: ProfitSharingEmployeeBenefits to bap_ProfitSharingEmployeeBenefits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProfitSharingEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProfitSharingEmployeeBenefits" xml:lang="en-US" id="bap_ProfitSharingEmployeeBenefits">Workers profit sharing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitSharingEmployeeBenefits" xlink:to="bap_ProfitSharingEmployeeBenefits" xlink:title="label: ProfitSharingEmployeeBenefits to bap_ProfitSharingEmployeeBenefits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfBasisOperationsAbstract" xlink:label="DisclosureOfBasisOperationsAbstract" xlink:title="DisclosureOfBasisOperationsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBasisOperationsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfBasisOperationsAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfBasisOperationsAbstract_lbl1">OPERATIONS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBasisOperationsAbstract" xlink:to="bap_DisclosureOfBasisOperationsAbstract_lbl1" xlink:title="label: DisclosureOfBasisOperationsAbstract to bap_DisclosureOfBasisOperationsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfBasisOfOperationsTextBlock" xlink:label="DisclosureOfBasisOfOperationsTextBlock" xlink:title="DisclosureOfBasisOfOperationsTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBasisOfOperationsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfBasisOfOperationsTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfBasisOfOperationsTextBlock_lbl">The entire disclosure for basis of operations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBasisOfOperationsTextBlock" xlink:to="bap_DisclosureOfBasisOfOperationsTextBlock_lbl" xlink:title="label: DisclosureOfBasisOfOperationsTextBlock to bap_DisclosureOfBasisOfOperationsTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBasisOfOperationsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfBasisOfOperationsTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfBasisOfOperationsTextBlock_lbl1">Disclosure of basis of operations [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBasisOfOperationsTextBlock" xlink:to="bap_DisclosureOfBasisOfOperationsTextBlock_lbl1" xlink:title="label: DisclosureOfBasisOfOperationsTextBlock to bap_DisclosureOfBasisOfOperationsTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBasisOfOperationsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfBasisOfOperationsTextBlock" xml:lang="en-US" id="bap_DisclosureOfBasisOfOperationsTextBlock">OPERATIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBasisOfOperationsTextBlock" xlink:to="bap_DisclosureOfBasisOfOperationsTextBlock" xlink:title="label: DisclosureOfBasisOfOperationsTextBlock to bap_DisclosureOfBasisOfOperationsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:label="DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:title="DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl">The disclosure of liability for insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl" xlink:title="label: DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock to bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl1">Disclosure of liability for insurance contracts explanatory [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl1" xlink:title="label: DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock to bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock">Liability for Insurance Contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" xlink:title="label: DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock to bap_DisclosureOfLiabilityForInsuranceContractsExplanatoryTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OTHERASSETSANDOTHERLIABILITIESAbstract" xlink:label="OTHERASSETSANDOTHERLIABILITIESAbstract" xlink:title="OTHERASSETSANDOTHERLIABILITIESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OTHERASSETSANDOTHERLIABILITIESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OTHERASSETSANDOTHERLIABILITIESAbstract_lbl1" xml:lang="en-US" id="bap_OTHERASSETSANDOTHERLIABILITIESAbstract_lbl1">OTHER ASSETS AND OTHER LIABILITIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OTHERASSETSANDOTHERLIABILITIESAbstract" xlink:to="bap_OTHERASSETSANDOTHERLIABILITIESAbstract_lbl1" xlink:title="label: OTHERASSETSANDOTHERLIABILITIESAbstract to bap_OTHERASSETSANDOTHERLIABILITIESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:label="DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:title="DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl">The disclosure of other assets and other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:to="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl" xlink:title="label: DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock to bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl1">Disclosure of other assets and other liabilities explanatory [text block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:to="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl1" xlink:title="label: DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock to bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock">OTHER ASSETS AND OTHER LIABILITIES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:to="bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" xlink:title="label: DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock to bap_DisclosureOfOtherAssetsAndOtherLiabilitiesExplanatoryTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccumulatedDepreciationMember" xlink:label="AccumulatedDepreciationMember" xlink:title="AccumulatedDepreciationMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDepreciationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccumulatedDepreciationMember_lbl" xml:lang="en-US" id="bap_AccumulatedDepreciationMember_lbl">This member stands for accumulated depreciation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationMember" xlink:to="bap_AccumulatedDepreciationMember_lbl" xlink:title="label: AccumulatedDepreciationMember to bap_AccumulatedDepreciationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDepreciationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccumulatedDepreciationMember_lbl1" xml:lang="en-US" id="bap_AccumulatedDepreciationMember_lbl1">Accumulated depreciation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationMember" xlink:to="bap_AccumulatedDepreciationMember_lbl1" xlink:title="label: AccumulatedDepreciationMember to bap_AccumulatedDepreciationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDepreciationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccumulatedDepreciationMember" xml:lang="en-US" id="bap_AccumulatedDepreciationMember">Accumulated Depreciation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationMember" xlink:to="bap_AccumulatedDepreciationMember" xlink:title="label: AccumulatedDepreciationMember to bap_AccumulatedDepreciationMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDepreciationMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AccumulatedDepreciationMember_lbl2" xml:lang="en-US" id="bap_AccumulatedDepreciationMember_lbl2">Accumulated Amortization [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDepreciationMember" xlink:to="bap_AccumulatedDepreciationMember_lbl2" xlink:title="label: AccumulatedDepreciationMember to bap_AccumulatedDepreciationMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract" xlink:label="INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract" xlink:title="INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract_lbl1" xml:lang="en-US" id="bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract_lbl1">INTEREST, SIMILAR INCOME AND SIMILAR EXPENSES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract" xlink:to="bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract_lbl1" xlink:title="label: INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract to bap_INTERESTSIMILARINCOMEANDSIMILAREXPENSESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:label="DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:title="DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl">The disclosure of similar income and similar expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:to="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl" xlink:title="label: DisclosureOfInterestIncomeExpenseExplanatoryTextBlock to bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl1">Disclosure of Interest income expense explanatory [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:to="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl1" xlink:title="label: DisclosureOfInterestIncomeExpenseExplanatoryTextBlock to bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xml:lang="en-US" id="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock">INTEREST, SIMILAR INCOME AND SIMILAR EXPENSES</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:to="bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" xlink:title="label: DisclosureOfInterestIncomeExpenseExplanatoryTextBlock to bap_DisclosureOfInterestIncomeExpenseExplanatoryTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetCostOfPropertyPlantAndEquipmentSold" xlink:label="NetCostOfPropertyPlantAndEquipmentSold" xlink:title="NetCostOfPropertyPlantAndEquipmentSold" />
    <link:label xlink:type="resource" xlink:label="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl" xml:lang="en-US" id="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl">The element represents the net cost of property, plant and equipment sold during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCostOfPropertyPlantAndEquipmentSold" xlink:to="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl" xlink:title="label: NetCostOfPropertyPlantAndEquipmentSold to bap_NetCostOfPropertyPlantAndEquipmentSold_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl1" xml:lang="en-US" id="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl1">Net cost of property, plant and equipment sold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCostOfPropertyPlantAndEquipmentSold" xlink:to="bap_NetCostOfPropertyPlantAndEquipmentSold_lbl1" xlink:title="label: NetCostOfPropertyPlantAndEquipmentSold to bap_NetCostOfPropertyPlantAndEquipmentSold_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetCostOfPropertyPlantAndEquipmentSold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NetCostOfPropertyPlantAndEquipmentSold" xml:lang="en-US" id="bap_NetCostOfPropertyPlantAndEquipmentSold">Net cost of properties sold</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetCostOfPropertyPlantAndEquipmentSold" xlink:to="bap_NetCostOfPropertyPlantAndEquipmentSold" xlink:title="label: NetCostOfPropertyPlantAndEquipmentSold to bap_NetCostOfPropertyPlantAndEquipmentSold" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceTechnicalResultExpense" xlink:label="InsuranceTechnicalResultExpense" xlink:title="InsuranceTechnicalResultExpense" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceTechnicalResultExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceTechnicalResultExpense_lbl" xml:lang="en-US" id="bap_InsuranceTechnicalResultExpense_lbl">Amount of expenses attributable to insurance technical result incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceTechnicalResultExpense" xlink:to="bap_InsuranceTechnicalResultExpense_lbl" xlink:title="label: InsuranceTechnicalResultExpense to bap_InsuranceTechnicalResultExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceTechnicalResultExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceTechnicalResultExpense_lbl1" xml:lang="en-US" id="bap_InsuranceTechnicalResultExpense_lbl1">Insurance technical result expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceTechnicalResultExpense" xlink:to="bap_InsuranceTechnicalResultExpense_lbl1" xlink:title="label: InsuranceTechnicalResultExpense to bap_InsuranceTechnicalResultExpense_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FundManagerContractMember" xlink:label="FundManagerContractMember" xlink:title="FundManagerContractMember" />
    <link:label xlink:type="resource" xlink:label="bap_FundManagerContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FundManagerContractMember_lbl" xml:lang="en-US" id="bap_FundManagerContractMember_lbl">This member stands for Fund manager contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundManagerContractMember" xlink:to="bap_FundManagerContractMember_lbl" xlink:title="label: FundManagerContractMember to bap_FundManagerContractMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FundManagerContractMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FundManagerContractMember_lbl1" xml:lang="en-US" id="bap_FundManagerContractMember_lbl1">Fund manager contract [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundManagerContractMember" xlink:to="bap_FundManagerContractMember_lbl1" xlink:title="label: FundManagerContractMember to bap_FundManagerContractMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FundManagerContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FundManagerContractMember" xml:lang="en-US" id="bap_FundManagerContractMember">Fund Manager Contract [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FundManagerContractMember" xlink:to="bap_FundManagerContractMember" xlink:title="label: FundManagerContractMember to bap_FundManagerContractMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccumulatedAmortisationMember" xlink:label="AccumulatedAmortisationMember" xlink:title="AccumulatedAmortisationMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedAmortisationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccumulatedAmortisationMember_lbl" xml:lang="en-US" id="bap_AccumulatedAmortisationMember_lbl">This member stands for accumulated amortisation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedAmortisationMember" xlink:to="bap_AccumulatedAmortisationMember_lbl" xlink:title="label: AccumulatedAmortisationMember to bap_AccumulatedAmortisationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedAmortisationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccumulatedAmortisationMember_lbl1" xml:lang="en-US" id="bap_AccumulatedAmortisationMember_lbl1">Accumulated amortisation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedAmortisationMember" xlink:to="bap_AccumulatedAmortisationMember_lbl1" xlink:title="label: AccumulatedAmortisationMember to bap_AccumulatedAmortisationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AccumulatedAmortisationMember" xml:lang="en-US" id="bap_AccumulatedAmortisationMember">Accumulated Amortization [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedAmortisationMember" xlink:to="bap_AccumulatedAmortisationMember" xlink:title="label: AccumulatedAmortisationMember to bap_AccumulatedAmortisationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PrimaAFPAFPUnionVidaMember" xlink:label="PrimaAFPAFPUnionVidaMember" xlink:title="PrimaAFPAFPUnionVidaMember" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPAFPUnionVidaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PrimaAFPAFPUnionVidaMember_lbl" xml:lang="en-US" id="bap_PrimaAFPAFPUnionVidaMember_lbl">This member stands for Prima AFP - AFP Union Vida.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPAFPUnionVidaMember" xlink:to="bap_PrimaAFPAFPUnionVidaMember_lbl" xlink:title="label: PrimaAFPAFPUnionVidaMember to bap_PrimaAFPAFPUnionVidaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPAFPUnionVidaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PrimaAFPAFPUnionVidaMember_lbl1" xml:lang="en-US" id="bap_PrimaAFPAFPUnionVidaMember_lbl1">Prima AFP - AFP Union Vida [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPAFPUnionVidaMember" xlink:to="bap_PrimaAFPAFPUnionVidaMember_lbl1" xlink:title="label: PrimaAFPAFPUnionVidaMember to bap_PrimaAFPAFPUnionVidaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPAFPUnionVidaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PrimaAFPAFPUnionVidaMember" xml:lang="en-US" id="bap_PrimaAFPAFPUnionVidaMember">Prima AFP - AFP Union Vida [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPAFPUnionVidaMember" xlink:to="bap_PrimaAFPAFPUnionVidaMember" xlink:title="label: PrimaAFPAFPUnionVidaMember to bap_PrimaAFPAFPUnionVidaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalColombiaSAMember" xlink:label="CredicorpCapitalColombiaSAMember" xlink:title="CredicorpCapitalColombiaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalColombiaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalColombiaSAMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalColombiaSAMember_lbl">This member stands for entity Credicorp Capital Colombia S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalColombiaSAMember" xlink:to="bap_CredicorpCapitalColombiaSAMember_lbl" xlink:title="label: CredicorpCapitalColombiaSAMember to bap_CredicorpCapitalColombiaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalColombiaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalColombiaSAMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalColombiaSAMember_lbl1">Credicorp Capital Colombia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalColombiaSAMember" xlink:to="bap_CredicorpCapitalColombiaSAMember_lbl1" xlink:title="label: CredicorpCapitalColombiaSAMember to bap_CredicorpCapitalColombiaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalColombiaSAMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CredicorpCapitalColombiaSAMember" xml:lang="en-US" id="bap_CredicorpCapitalColombiaSAMember">Credicorp Capital Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalColombiaSAMember" xlink:to="bap_CredicorpCapitalColombiaSAMember" xlink:title="label: CredicorpCapitalColombiaSAMember to bap_CredicorpCapitalColombiaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalColombiaSAMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalColombiaSAMember_lbl2" xml:lang="en-US" id="bap_CredicorpCapitalColombiaSAMember_lbl2">Credicorp Capital Colombia S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalColombiaSAMember" xlink:to="bap_CredicorpCapitalColombiaSAMember_lbl2" xlink:title="label: CredicorpCapitalColombiaSAMember to bap_CredicorpCapitalColombiaSAMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UltrasefincoS.a.Member" xlink:label="UltrasefincoS.a.Member" xlink:title="UltrasefincoS.a.Member" />
    <link:label xlink:type="resource" xlink:label="bap_UltrasefincoS.a.Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UltrasefincoS.a.Member_lbl" xml:lang="en-US" id="bap_UltrasefincoS.a.Member_lbl">This member stands for Ultrasefinco S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltrasefincoS.a.Member" xlink:to="bap_UltrasefincoS.a.Member_lbl" xlink:title="label: UltrasefincoS.a.Member to bap_UltrasefincoS.a.Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UltrasefincoS.a.Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UltrasefincoS.a.Member_lbl1" xml:lang="en-US" id="bap_UltrasefincoS.a.Member_lbl1">Ultrasefinco S.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltrasefincoS.a.Member" xlink:to="bap_UltrasefincoS.a.Member_lbl1" xlink:title="label: UltrasefincoS.a.Member to bap_UltrasefincoS.a.Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UltrasefincoS.a.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UltrasefincoS.a.Member" xml:lang="en-US" id="bap_UltrasefincoS.a.Member">Ultraserfinco S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltrasefincoS.a.Member" xlink:to="bap_UltrasefincoS.a.Member" xlink:title="label: UltrasefincoS.a.Member to bap_UltrasefincoS.a.Member" />
    <link:label xlink:type="resource" xlink:label="bap_UltrasefincoS.a.Member_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_UltrasefincoS.a.Member_lbl2" xml:lang="en-US" id="bap_UltrasefincoS.a.Member_lbl2">Ultrasefinco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UltrasefincoS.a.Member" xlink:to="bap_UltrasefincoS.a.Member_lbl2" xlink:title="label: UltrasefincoS.a.Member to bap_UltrasefincoS.a.Member_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_JoinnusSACMember" xlink:label="JoinnusSACMember" xlink:title="JoinnusSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_JoinnusSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_JoinnusSACMember_lbl" xml:lang="en-US" id="bap_JoinnusSACMember_lbl">This member stands for Joinnus S.A.C.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JoinnusSACMember" xlink:to="bap_JoinnusSACMember_lbl" xlink:title="label: JoinnusSACMember to bap_JoinnusSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_JoinnusSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_JoinnusSACMember_lbl1" xml:lang="en-US" id="bap_JoinnusSACMember_lbl1">Joinnus S.A.C. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JoinnusSACMember" xlink:to="bap_JoinnusSACMember_lbl1" xlink:title="label: JoinnusSACMember to bap_JoinnusSACMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_JoinnusSACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_JoinnusSACMember" xml:lang="en-US" id="bap_JoinnusSACMember">Joinnus S.A.C. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JoinnusSACMember" xlink:to="bap_JoinnusSACMember" xlink:title="label: JoinnusSACMember to bap_JoinnusSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_JoinnusSACMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_JoinnusSACMember_lbl2" xml:lang="en-US" id="bap_JoinnusSACMember_lbl2">Joinnus [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="JoinnusSACMember" xlink:to="bap_JoinnusSACMember_lbl2" xlink:title="label: JoinnusSACMember to bap_JoinnusSACMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoBancoDeLaMicroempresaSAMember" xlink:label="MibancoBancoDeLaMicroempresaSAMember" xlink:title="MibancoBancoDeLaMicroempresaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoBancoDeLaMicroempresaSAMember_lbl" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaSAMember_lbl">This member stands for name of the subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaSAMember" xlink:to="bap_MibancoBancoDeLaMicroempresaSAMember_lbl" xlink:title="label: MibancoBancoDeLaMicroempresaSAMember to bap_MibancoBancoDeLaMicroempresaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoBancoDeLaMicroempresaSAMember_lbl1" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaSAMember_lbl1">Mibanco, Banco de la Microempresa S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaSAMember" xlink:to="bap_MibancoBancoDeLaMicroempresaSAMember_lbl1" xlink:title="label: MibancoBancoDeLaMicroempresaSAMember to bap_MibancoBancoDeLaMicroempresaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaSAMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MibancoBancoDeLaMicroempresaSAMember" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaSAMember">MiBanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaSAMember" xlink:to="bap_MibancoBancoDeLaMicroempresaSAMember" xlink:title="label: MibancoBancoDeLaMicroempresaSAMember to bap_MibancoBancoDeLaMicroempresaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaSAMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoBancoDeLaMicroempresaSAMember_lbl2" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaSAMember_lbl2">Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaSAMember" xlink:to="bap_MibancoBancoDeLaMicroempresaSAMember_lbl2" xlink:title="label: MibancoBancoDeLaMicroempresaSAMember to bap_MibancoBancoDeLaMicroempresaSAMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:label="CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:title="CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl">This member stands for Compania Incubadora De Soluciones Moviles SA- Culqi.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesSACulqiMember to bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl1" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl1">Compania Incubadora De Soluciones Moviles SA- Culqi [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl1" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesSACulqiMember to bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember">Compania Incubadora De Soluciones Moviles SA- Culqi [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesSACulqiMember to bap_CompaniaIncubadoraDeSolucionesMovilesSACulqiMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TenpoSpaMember" xlink:label="TenpoSpaMember" xlink:title="TenpoSpaMember" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TenpoSpaMember_lbl" xml:lang="en-US" id="bap_TenpoSpaMember_lbl">This member stands for Tenpo SpA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpaMember" xlink:to="bap_TenpoSpaMember_lbl" xlink:title="label: TenpoSpaMember to bap_TenpoSpaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TenpoSpaMember_lbl1" xml:lang="en-US" id="bap_TenpoSpaMember_lbl1">Tenpo spa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpaMember" xlink:to="bap_TenpoSpaMember_lbl1" xlink:title="label: TenpoSpaMember to bap_TenpoSpaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TenpoSpaMember" xml:lang="en-US" id="bap_TenpoSpaMember">Tenpo SpA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpaMember" xlink:to="bap_TenpoSpaMember" xlink:title="label: TenpoSpaMember to bap_TenpoSpaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalHoldingChileInversionesIMTMember" xlink:label="CredicorpCapitalHoldingChileInversionesIMTMember" xlink:title="CredicorpCapitalHoldingChileInversionesIMTMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl">This member stands for Credicorp Capital Holding Chile Inversiones I M T.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileInversionesIMTMember" xlink:to="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl" xlink:title="label: CredicorpCapitalHoldingChileInversionesIMTMember to bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl1">Credicorp capital holding Chile Inversiones I M T [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileInversionesIMTMember" xlink:to="bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl1" xlink:title="label: CredicorpCapitalHoldingChileInversionesIMTMember to bap_CredicorpCapitalHoldingChileInversionesIMTMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileInversionesIMTMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalHoldingChileInversionesIMTMember" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileInversionesIMTMember">Credicorp Capital Holding Chile - Inversiones IMT [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileInversionesIMTMember" xlink:to="bap_CredicorpCapitalHoldingChileInversionesIMTMember" xlink:title="label: CredicorpCapitalHoldingChileInversionesIMTMember to bap_CredicorpCapitalHoldingChileInversionesIMTMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisposalAndOthersIntangibleAssets" xlink:label="DisposalAndOthersIntangibleAssets" xlink:title="DisposalAndOthersIntangibleAssets" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisposalAndOthersIntangibleAssets_lbl" xml:lang="en-US" id="bap_DisposalAndOthersIntangibleAssets_lbl">The increase (decrease) in disposal and others of intangible assets resulting from disposals and retirements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersIntangibleAssets" xlink:to="bap_DisposalAndOthersIntangibleAssets_lbl" xlink:title="label: DisposalAndOthersIntangibleAssets to bap_DisposalAndOthersIntangibleAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersIntangibleAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisposalAndOthersIntangibleAssets_lbl1" xml:lang="en-US" id="bap_DisposalAndOthersIntangibleAssets_lbl1">Disposal and others, Intangible Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersIntangibleAssets" xlink:to="bap_DisposalAndOthersIntangibleAssets_lbl1" xlink:title="label: DisposalAndOthersIntangibleAssets to bap_DisposalAndOthersIntangibleAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersIntangibleAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DisposalAndOthersIntangibleAssets" xml:lang="en-US" id="bap_DisposalAndOthersIntangibleAssets">Disposals and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersIntangibleAssets" xlink:to="bap_DisposalAndOthersIntangibleAssets" xlink:title="label: DisposalAndOthersIntangibleAssets to bap_DisposalAndOthersIntangibleAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RelationshipsWithHoldersMember" xlink:label="RelationshipsWithHoldersMember" xlink:title="RelationshipsWithHoldersMember" />
    <link:label xlink:type="resource" xlink:label="bap_RelationshipsWithHoldersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RelationshipsWithHoldersMember_lbl" xml:lang="en-US" id="bap_RelationshipsWithHoldersMember_lbl">This member stands for relationships with holders.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelationshipsWithHoldersMember" xlink:to="bap_RelationshipsWithHoldersMember_lbl" xlink:title="label: RelationshipsWithHoldersMember to bap_RelationshipsWithHoldersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RelationshipsWithHoldersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RelationshipsWithHoldersMember_lbl1" xml:lang="en-US" id="bap_RelationshipsWithHoldersMember_lbl1">Relationships with holders [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelationshipsWithHoldersMember" xlink:to="bap_RelationshipsWithHoldersMember_lbl1" xlink:title="label: RelationshipsWithHoldersMember to bap_RelationshipsWithHoldersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RelationshipsWithHoldersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RelationshipsWithHoldersMember" xml:lang="en-US" id="bap_RelationshipsWithHoldersMember">Relationships with holders [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelationshipsWithHoldersMember" xlink:to="bap_RelationshipsWithHoldersMember" xlink:title="label: RelationshipsWithHoldersMember to bap_RelationshipsWithHoldersMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:label="DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:title="DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl">The disclosure of detailed information about brand intangible assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl1">Disclosure of detailed information about brand intangible assets [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock">Brand Intangible Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutBrandIntangibleAssetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:label="DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:title="DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl">The disclosure of detailed information about fund manager contract intangible assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl1">Disclosure of detailed information about fund manager contract intangible assets [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock">Fund Manager Contract Intangible Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutFundManagerContractIntangibleAssetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:label="DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:title="DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl">The disclosure of detailed information about client relationships intangible assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl1">Disclosure of detailed information about client relationships intangible assets [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock">Client Relationships Intangible Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock to bap_DisclosureOfDetailedInformationAboutClientRelationshipsIntangibleAssetsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisposalAndOthersRightOfUseAsset" xlink:label="DisposalAndOthersRightOfUseAsset" xlink:title="DisposalAndOthersRightOfUseAsset" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersRightOfUseAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisposalAndOthersRightOfUseAsset_lbl" xml:lang="en-US" id="bap_DisposalAndOthersRightOfUseAsset_lbl">The amount of decrease in right-of-use assets from disposal and others.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersRightOfUseAsset" xlink:to="bap_DisposalAndOthersRightOfUseAsset_lbl" xlink:title="label: DisposalAndOthersRightOfUseAsset to bap_DisposalAndOthersRightOfUseAsset_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersRightOfUseAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisposalAndOthersRightOfUseAsset_lbl1" xml:lang="en-US" id="bap_DisposalAndOthersRightOfUseAsset_lbl1">Disposal and others, right-of-use asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersRightOfUseAsset" xlink:to="bap_DisposalAndOthersRightOfUseAsset_lbl1" xlink:title="label: DisposalAndOthersRightOfUseAsset to bap_DisposalAndOthersRightOfUseAsset_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalAndOthersRightOfUseAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DisposalAndOthersRightOfUseAsset" xml:lang="en-US" id="bap_DisposalAndOthersRightOfUseAsset">Disposal and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalAndOthersRightOfUseAsset" xlink:to="bap_DisposalAndOthersRightOfUseAsset" xlink:title="label: DisposalAndOthersRightOfUseAsset to bap_DisposalAndOthersRightOfUseAsset" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RightOfUseAssetNetCarryingAmount" xlink:label="RightOfUseAssetNetCarryingAmount" xlink:title="RightOfUseAssetNetCarryingAmount" />
    <link:label xlink:type="resource" xlink:label="bap_RightOfUseAssetNetCarryingAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RightOfUseAssetNetCarryingAmount_lbl" xml:lang="en-US" id="bap_RightOfUseAssetNetCarryingAmount_lbl">The net carrying amount for right-of-use asset.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetNetCarryingAmount" xlink:to="bap_RightOfUseAssetNetCarryingAmount_lbl" xlink:title="label: RightOfUseAssetNetCarryingAmount to bap_RightOfUseAssetNetCarryingAmount_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RightOfUseAssetNetCarryingAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RightOfUseAssetNetCarryingAmount_lbl1" xml:lang="en-US" id="bap_RightOfUseAssetNetCarryingAmount_lbl1">Right-of-use asset, net carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetNetCarryingAmount" xlink:to="bap_RightOfUseAssetNetCarryingAmount_lbl1" xlink:title="label: RightOfUseAssetNetCarryingAmount to bap_RightOfUseAssetNetCarryingAmount_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RightOfUseAssetNetCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RightOfUseAssetNetCarryingAmount" xml:lang="en-US" id="bap_RightOfUseAssetNetCarryingAmount">Net carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RightOfUseAssetNetCarryingAmount" xlink:to="bap_RightOfUseAssetNetCarryingAmount" xlink:title="label: RightOfUseAssetNetCarryingAmount to bap_RightOfUseAssetNetCarryingAmount" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ServersAndTechnologyPlatformsMember" xlink:label="ServersAndTechnologyPlatformsMember" xlink:title="ServersAndTechnologyPlatformsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ServersAndTechnologyPlatformsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ServersAndTechnologyPlatformsMember_lbl" xml:lang="en-US" id="bap_ServersAndTechnologyPlatformsMember_lbl">This member stands for servers and technology platforms.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServersAndTechnologyPlatformsMember" xlink:to="bap_ServersAndTechnologyPlatformsMember_lbl" xlink:title="label: ServersAndTechnologyPlatformsMember to bap_ServersAndTechnologyPlatformsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ServersAndTechnologyPlatformsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ServersAndTechnologyPlatformsMember_lbl1" xml:lang="en-US" id="bap_ServersAndTechnologyPlatformsMember_lbl1">Servers and technology platforms [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServersAndTechnologyPlatformsMember" xlink:to="bap_ServersAndTechnologyPlatformsMember_lbl1" xlink:title="label: ServersAndTechnologyPlatformsMember to bap_ServersAndTechnologyPlatformsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ServersAndTechnologyPlatformsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ServersAndTechnologyPlatformsMember" xml:lang="en-US" id="bap_ServersAndTechnologyPlatformsMember">Servers and Technology Platforms [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ServersAndTechnologyPlatformsMember" xlink:to="bap_ServersAndTechnologyPlatformsMember" xlink:title="label: ServersAndTechnologyPlatformsMember to bap_ServersAndTechnologyPlatformsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PropertyAgenciesAndOfficesMember" xlink:label="PropertyAgenciesAndOfficesMember" xlink:title="PropertyAgenciesAndOfficesMember" />
    <link:label xlink:type="resource" xlink:label="bap_PropertyAgenciesAndOfficesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PropertyAgenciesAndOfficesMember_lbl" xml:lang="en-US" id="bap_PropertyAgenciesAndOfficesMember_lbl">This member stands for property: agencies and offices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyAgenciesAndOfficesMember" xlink:to="bap_PropertyAgenciesAndOfficesMember_lbl" xlink:title="label: PropertyAgenciesAndOfficesMember to bap_PropertyAgenciesAndOfficesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PropertyAgenciesAndOfficesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PropertyAgenciesAndOfficesMember_lbl1" xml:lang="en-US" id="bap_PropertyAgenciesAndOfficesMember_lbl1">Property agencies and offices [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyAgenciesAndOfficesMember" xlink:to="bap_PropertyAgenciesAndOfficesMember_lbl1" xlink:title="label: PropertyAgenciesAndOfficesMember to bap_PropertyAgenciesAndOfficesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PropertyAgenciesAndOfficesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PropertyAgenciesAndOfficesMember" xml:lang="en-US" id="bap_PropertyAgenciesAndOfficesMember">Property: Agencies and Offices [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyAgenciesAndOfficesMember" xlink:to="bap_PropertyAgenciesAndOfficesMember" xlink:title="label: PropertyAgenciesAndOfficesMember to bap_PropertyAgenciesAndOfficesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherLeasesMember" xlink:label="OtherLeasesMember" xlink:title="OtherLeasesMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLeasesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherLeasesMember_lbl" xml:lang="en-US" id="bap_OtherLeasesMember_lbl">This member stands for other leases.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLeasesMember" xlink:to="bap_OtherLeasesMember_lbl" xlink:title="label: OtherLeasesMember to bap_OtherLeasesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLeasesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherLeasesMember_lbl1" xml:lang="en-US" id="bap_OtherLeasesMember_lbl1">Other leases [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLeasesMember" xlink:to="bap_OtherLeasesMember_lbl1" xlink:title="label: OtherLeasesMember to bap_OtherLeasesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLeasesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherLeasesMember" xml:lang="en-US" id="bap_OtherLeasesMember">Other Leases [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLeasesMember" xlink:to="bap_OtherLeasesMember" xlink:title="label: OtherLeasesMember to bap_OtherLeasesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TransportUnitsMember" xlink:label="TransportUnitsMember" xlink:title="TransportUnitsMember" />
    <link:label xlink:type="resource" xlink:label="bap_TransportUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TransportUnitsMember_lbl" xml:lang="en-US" id="bap_TransportUnitsMember_lbl">This member stands for transport units.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportUnitsMember" xlink:to="bap_TransportUnitsMember_lbl" xlink:title="label: TransportUnitsMember to bap_TransportUnitsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TransportUnitsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TransportUnitsMember_lbl1" xml:lang="en-US" id="bap_TransportUnitsMember_lbl1">Transport units [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportUnitsMember" xlink:to="bap_TransportUnitsMember_lbl1" xlink:title="label: TransportUnitsMember to bap_TransportUnitsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TransportUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TransportUnitsMember" xml:lang="en-US" id="bap_TransportUnitsMember">Transport Units [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportUnitsMember" xlink:to="bap_TransportUnitsMember" xlink:title="label: TransportUnitsMember to bap_TransportUnitsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssetsPerReinsuranceContractAbstract" xlink:label="AssetsPerReinsuranceContractAbstract" xlink:title="AssetsPerReinsuranceContractAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsPerReinsuranceContractAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssetsPerReinsuranceContractAbstract_lbl1" xml:lang="en-US" id="bap_AssetsPerReinsuranceContractAbstract_lbl1">Assets per reinsurance contract [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsPerReinsuranceContractAbstract" xlink:to="bap_AssetsPerReinsuranceContractAbstract_lbl1" xlink:title="label: AssetsPerReinsuranceContractAbstract to bap_AssetsPerReinsuranceContractAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsPerReinsuranceContractAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssetsPerReinsuranceContractAbstract" xml:lang="en-US" id="bap_AssetsPerReinsuranceContractAbstract">Assets per reinsurance contract [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsPerReinsuranceContractAbstract" xlink:to="bap_AssetsPerReinsuranceContractAbstract" xlink:title="label: AssetsPerReinsuranceContractAbstract to bap_AssetsPerReinsuranceContractAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl">The increase (decrease) in insurance contracts liability (asset) resulting from changes that relate to past service and expenses incurred, ie changes in fulfilment cash flows relating to incurred claims. [Refer: Insurance contracts liability (asset)]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through changes that relate to past service and expenses incurred, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xml:lang="en-US" id="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset">Past Service Changes - LIC Adjustments and expenses incurred directly attributable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughChangesThatRelateToPastServiceAndExpensesIncurredInsuranceContractsLiabilityAsset" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExcessOfLossContractsMember" xlink:label="ExcessOfLossContractsMember" xlink:title="ExcessOfLossContractsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ExcessOfLossContractsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExcessOfLossContractsMember_lbl" xml:lang="en-US" id="bap_ExcessOfLossContractsMember_lbl">This member stands for excess of loss contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExcessOfLossContractsMember" xlink:to="bap_ExcessOfLossContractsMember_lbl" xlink:title="label: ExcessOfLossContractsMember to bap_ExcessOfLossContractsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExcessOfLossContractsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExcessOfLossContractsMember_lbl1" xml:lang="en-US" id="bap_ExcessOfLossContractsMember_lbl1">Excess of loss contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExcessOfLossContractsMember" xlink:to="bap_ExcessOfLossContractsMember_lbl1" xlink:title="label: ExcessOfLossContractsMember to bap_ExcessOfLossContractsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExcessOfLossContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExcessOfLossContractsMember" xml:lang="en-US" id="bap_ExcessOfLossContractsMember">Excess of Loss Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExcessOfLossContractsMember" xlink:to="bap_ExcessOfLossContractsMember" xlink:title="label: ExcessOfLossContractsMember to bap_ExcessOfLossContractsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:label="AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:title="AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl">This member stands for assets for incurred claims for contracts not measured by PAA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xlink:title="label: AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1">Assets for incurred claims for contracts not measured by PAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xlink:title="label: AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember">Assets for Incurred Claims for Contracts Not Measured by PAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:title="label: AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_AssetsForIncurredClaimsForContractsNotMeasuredByPAAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RemainingCoverageAssetsMember" xlink:label="RemainingCoverageAssetsMember" xlink:title="RemainingCoverageAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_RemainingCoverageAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RemainingCoverageAssetsMember_lbl" xml:lang="en-US" id="bap_RemainingCoverageAssetsMember_lbl">This member stands for remaining coverage assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingCoverageAssetsMember" xlink:to="bap_RemainingCoverageAssetsMember_lbl" xlink:title="label: RemainingCoverageAssetsMember to bap_RemainingCoverageAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RemainingCoverageAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RemainingCoverageAssetsMember_lbl1" xml:lang="en-US" id="bap_RemainingCoverageAssetsMember_lbl1">Remaining coverage assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingCoverageAssetsMember" xlink:to="bap_RemainingCoverageAssetsMember_lbl1" xlink:title="label: RemainingCoverageAssetsMember to bap_RemainingCoverageAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RemainingCoverageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RemainingCoverageAssetsMember" xml:lang="en-US" id="bap_RemainingCoverageAssetsMember">Remaining Coverage Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemainingCoverageAssetsMember" xlink:to="bap_RemainingCoverageAssetsMember" xlink:title="label: RemainingCoverageAssetsMember to bap_RemainingCoverageAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:label="AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:title="AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl">This member stands for assets for incurred claims for contracts measured by PAA, present value of future cash flows.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xlink:title="label: AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1">Assets for incurred claims for contracts measured by PAA, present value of future cash flows [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xlink:title="label: AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xml:lang="en-US" id="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember">Assets for Incurred Claims for Contracts Measured by PAA Present Value of Future Cash Flows [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:title="label: AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_AssetsForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:label="AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:title="AccountsReceivableFromReinsurersAndCoinsurersMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl" xml:lang="en-US" id="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl">This member stands for accounts receivable from reinsurers and coinsurers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:to="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl" xlink:title="label: AccountsReceivableFromReinsurersAndCoinsurersMember to bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl1" xml:lang="en-US" id="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl1">Accounts receivable from reinsurers and coinsurers [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:to="bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl1" xlink:title="label: AccountsReceivableFromReinsurersAndCoinsurersMember to bap_AccountsReceivableFromReinsurersAndCoinsurersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AccountsReceivableFromReinsurersAndCoinsurersMember" xml:lang="en-US" id="bap_AccountsReceivableFromReinsurersAndCoinsurersMember">Accounts Receivable from Reinsurers and Coinsurers [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:to="bap_AccountsReceivableFromReinsurersAndCoinsurersMember" xlink:title="label: AccountsReceivableFromReinsurersAndCoinsurersMember to bap_AccountsReceivableFromReinsurersAndCoinsurersMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccountsPayableToReinsurersAndCoinsurersMember" xlink:label="AccountsPayableToReinsurersAndCoinsurersMember" xlink:title="AccountsPayableToReinsurersAndCoinsurersMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl" xml:lang="en-US" id="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl">This member stands for accounts payable to reinsurers and coinsurers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableToReinsurersAndCoinsurersMember" xlink:to="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl" xlink:title="label: AccountsPayableToReinsurersAndCoinsurersMember to bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl1" xml:lang="en-US" id="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl1">Accounts payable to reinsurers and coinsurers [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableToReinsurersAndCoinsurersMember" xlink:to="bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl1" xlink:title="label: AccountsPayableToReinsurersAndCoinsurersMember to bap_AccountsPayableToReinsurersAndCoinsurersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableToReinsurersAndCoinsurersMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AccountsPayableToReinsurersAndCoinsurersMember" xml:lang="en-US" id="bap_AccountsPayableToReinsurersAndCoinsurersMember">Accounts Payable to Reinsurers and Coinsurers [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableToReinsurersAndCoinsurersMember" xlink:to="bap_AccountsPayableToReinsurersAndCoinsurersMember" xlink:title="label: AccountsPayableToReinsurersAndCoinsurersMember to bap_AccountsPayableToReinsurersAndCoinsurersMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_COMMISSIONSANDFEESAbstract" xlink:label="COMMISSIONSANDFEESAbstract" xlink:title="COMMISSIONSANDFEESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_COMMISSIONSANDFEESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_COMMISSIONSANDFEESAbstract_lbl1" xml:lang="en-US" id="bap_COMMISSIONSANDFEESAbstract_lbl1">COMMISSIONS AND FEES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="COMMISSIONSANDFEESAbstract" xlink:to="bap_COMMISSIONSANDFEESAbstract_lbl1" xlink:title="label: COMMISSIONSANDFEESAbstract to bap_COMMISSIONSANDFEESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:label="MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:title="MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" />
    <link:label xlink:type="resource" xlink:label="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl" xml:lang="en-US" id="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl">The amount of income recognized from maintenance of accounts, transfers and credit and debit card services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:to="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl" xlink:title="label: MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome to bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl1" xml:lang="en-US" id="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl1">Maintenance of accounts, transfers and credit and debit card services income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:to="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl1" xlink:title="label: MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome to bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xml:lang="en-US" id="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome">Maintenance of accounts, transfers and credit and debit card services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:to="bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" xlink:title="label: MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome to bap_MaintenanceOfAccountsTransfersAndCreditAndDebitCardServicesIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:label="CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:title="CommissionsForSalaryAdvanceAndPaymentOfServices" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl" xml:lang="en-US" id="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl">The amount of commissions for salary advance and payment of services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:to="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl" xlink:title="label: CommissionsForSalaryAdvanceAndPaymentOfServices to bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl1" xml:lang="en-US" id="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl1">Commissions for salary advance and payment of services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:to="bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl1" xlink:title="label: CommissionsForSalaryAdvanceAndPaymentOfServices to bap_CommissionsForSalaryAdvanceAndPaymentOfServices_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForSalaryAdvanceAndPaymentOfServices" xml:lang="en-US" id="bap_CommissionsForSalaryAdvanceAndPaymentOfServices">Commissions for salary advance and payment of services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:to="bap_CommissionsForSalaryAdvanceAndPaymentOfServices" xlink:title="label: CommissionsForSalaryAdvanceAndPaymentOfServices to bap_CommissionsForSalaryAdvanceAndPaymentOfServices" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:label="CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:title="CommissionsForBrokeragesStockbrokersAndStockMarkets" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl" xml:lang="en-US" id="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl">The amount of commissions for brokerages, stockbrokers and stock markets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:to="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl" xlink:title="label: CommissionsForBrokeragesStockbrokersAndStockMarkets to bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl1" xml:lang="en-US" id="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl1">Commissions for brokerages, stockbrokers and stock markets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:to="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl1" xlink:title="label: CommissionsForBrokeragesStockbrokersAndStockMarkets to bap_CommissionsForBrokeragesStockbrokersAndStockMarkets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets" xml:lang="en-US" id="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets">Commissions for brokerages, stockbrokers and stock markets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:to="bap_CommissionsForBrokeragesStockbrokersAndStockMarkets" xlink:title="label: CommissionsForBrokeragesStockbrokersAndStockMarkets to bap_CommissionsForBrokeragesStockbrokersAndStockMarkets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PenaltyFeeAndCommissionIncome" xlink:label="PenaltyFeeAndCommissionIncome" xlink:title="PenaltyFeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="bap_PenaltyFeeAndCommissionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PenaltyFeeAndCommissionIncome_lbl" xml:lang="en-US" id="bap_PenaltyFeeAndCommissionIncome_lbl">The amount of income recognized from penalty fees and commissions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyFeeAndCommissionIncome" xlink:to="bap_PenaltyFeeAndCommissionIncome_lbl" xlink:title="label: PenaltyFeeAndCommissionIncome to bap_PenaltyFeeAndCommissionIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PenaltyFeeAndCommissionIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PenaltyFeeAndCommissionIncome_lbl1" xml:lang="en-US" id="bap_PenaltyFeeAndCommissionIncome_lbl1">Penalty fee and commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyFeeAndCommissionIncome" xlink:to="bap_PenaltyFeeAndCommissionIncome_lbl1" xlink:title="label: PenaltyFeeAndCommissionIncome to bap_PenaltyFeeAndCommissionIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PenaltyFeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PenaltyFeeAndCommissionIncome" xml:lang="en-US" id="bap_PenaltyFeeAndCommissionIncome">Penalty commissions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PenaltyFeeAndCommissionIncome" xlink:to="bap_PenaltyFeeAndCommissionIncome" xlink:title="label: PenaltyFeeAndCommissionIncome to bap_PenaltyFeeAndCommissionIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForConsultingAndTechnicalStudies" xlink:label="CommissionsForConsultingAndTechnicalStudies" xlink:title="CommissionsForConsultingAndTechnicalStudies" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForConsultingAndTechnicalStudies_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForConsultingAndTechnicalStudies_lbl" xml:lang="en-US" id="bap_CommissionsForConsultingAndTechnicalStudies_lbl">The amount of commissions for consulting and technical studies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForConsultingAndTechnicalStudies" xlink:to="bap_CommissionsForConsultingAndTechnicalStudies_lbl" xlink:title="label: CommissionsForConsultingAndTechnicalStudies to bap_CommissionsForConsultingAndTechnicalStudies_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForConsultingAndTechnicalStudies_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForConsultingAndTechnicalStudies_lbl1" xml:lang="en-US" id="bap_CommissionsForConsultingAndTechnicalStudies_lbl1">Commissions for consulting and technical studies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForConsultingAndTechnicalStudies" xlink:to="bap_CommissionsForConsultingAndTechnicalStudies_lbl1" xlink:title="label: CommissionsForConsultingAndTechnicalStudies to bap_CommissionsForConsultingAndTechnicalStudies_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForConsultingAndTechnicalStudies" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForConsultingAndTechnicalStudies" xml:lang="en-US" id="bap_CommissionsForConsultingAndTechnicalStudies">Commissions for consulting and technical studies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForConsultingAndTechnicalStudies" xlink:to="bap_CommissionsForConsultingAndTechnicalStudies" xlink:title="label: CommissionsForConsultingAndTechnicalStudies to bap_CommissionsForConsultingAndTechnicalStudies" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForIntermediationInVirtualPlatforms" xlink:label="CommissionsForIntermediationInVirtualPlatforms" xlink:title="CommissionsForIntermediationInVirtualPlatforms" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForIntermediationInVirtualPlatforms_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForIntermediationInVirtualPlatforms_lbl" xml:lang="en-US" id="bap_CommissionsForIntermediationInVirtualPlatforms_lbl">The amount of commissions for intermediation in virtual platforms.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForIntermediationInVirtualPlatforms" xlink:to="bap_CommissionsForIntermediationInVirtualPlatforms_lbl" xlink:title="label: CommissionsForIntermediationInVirtualPlatforms to bap_CommissionsForIntermediationInVirtualPlatforms_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForIntermediationInVirtualPlatforms_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForIntermediationInVirtualPlatforms_lbl1" xml:lang="en-US" id="bap_CommissionsForIntermediationInVirtualPlatforms_lbl1">Commissions for intermediation in virtual platforms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForIntermediationInVirtualPlatforms" xlink:to="bap_CommissionsForIntermediationInVirtualPlatforms_lbl1" xlink:title="label: CommissionsForIntermediationInVirtualPlatforms to bap_CommissionsForIntermediationInVirtualPlatforms_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForIntermediationInVirtualPlatforms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForIntermediationInVirtualPlatforms" xml:lang="en-US" id="bap_CommissionsForIntermediationInVirtualPlatforms">Commissions for intermediation in virtual platforms</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForIntermediationInVirtualPlatforms" xlink:to="bap_CommissionsForIntermediationInVirtualPlatforms" xlink:title="label: CommissionsForIntermediationInVirtualPlatforms to bap_CommissionsForIntermediationInVirtualPlatforms" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForBankingServices" xlink:label="CommissionsForBankingServices" xlink:title="CommissionsForBankingServices" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBankingServices_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForBankingServices_lbl" xml:lang="en-US" id="bap_CommissionsForBankingServices_lbl">The amount of income recognized from commissions for banking services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBankingServices" xlink:to="bap_CommissionsForBankingServices_lbl" xlink:title="label: CommissionsForBankingServices to bap_CommissionsForBankingServices_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBankingServices_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForBankingServices_lbl1" xml:lang="en-US" id="bap_CommissionsForBankingServices_lbl1">Commissions for banking services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBankingServices" xlink:to="bap_CommissionsForBankingServices_lbl1" xlink:title="label: CommissionsForBankingServices to bap_CommissionsForBankingServices_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForBankingServices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForBankingServices" xml:lang="en-US" id="bap_CommissionsForBankingServices">Commissions for banking services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForBankingServices" xlink:to="bap_CommissionsForBankingServices" xlink:title="label: CommissionsForBankingServices to bap_CommissionsForBankingServices" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommissionsForPlacements" xlink:label="CommissionsForPlacements" xlink:title="CommissionsForPlacements" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForPlacements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommissionsForPlacements_lbl" xml:lang="en-US" id="bap_CommissionsForPlacements_lbl">The amount of commissions for placements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForPlacements" xlink:to="bap_CommissionsForPlacements_lbl" xlink:title="label: CommissionsForPlacements to bap_CommissionsForPlacements_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForPlacements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommissionsForPlacements_lbl1" xml:lang="en-US" id="bap_CommissionsForPlacements_lbl1">Commissions for placements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForPlacements" xlink:to="bap_CommissionsForPlacements_lbl1" xlink:title="label: CommissionsForPlacements to bap_CommissionsForPlacements_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommissionsForPlacements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommissionsForPlacements" xml:lang="en-US" id="bap_CommissionsForPlacements">Commissions for placements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommissionsForPlacements" xlink:to="bap_CommissionsForPlacements" xlink:title="label: CommissionsForPlacements to bap_CommissionsForPlacements" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CollectionServicesFeeIncome" xlink:label="CollectionServicesFeeIncome" xlink:title="CollectionServicesFeeIncome" />
    <link:label xlink:type="resource" xlink:label="bap_CollectionServicesFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CollectionServicesFeeIncome_lbl" xml:lang="en-US" id="bap_CollectionServicesFeeIncome_lbl">The amount of income recognized from collection services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollectionServicesFeeIncome" xlink:to="bap_CollectionServicesFeeIncome_lbl" xlink:title="label: CollectionServicesFeeIncome to bap_CollectionServicesFeeIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CollectionServicesFeeIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CollectionServicesFeeIncome_lbl1" xml:lang="en-US" id="bap_CollectionServicesFeeIncome_lbl1">Collection services fee income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollectionServicesFeeIncome" xlink:to="bap_CollectionServicesFeeIncome_lbl1" xlink:title="label: CollectionServicesFeeIncome to bap_CollectionServicesFeeIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CollectionServicesFeeIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CollectionServicesFeeIncome" xml:lang="en-US" id="bap_CollectionServicesFeeIncome">Collection services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CollectionServicesFeeIncome" xlink:to="bap_CollectionServicesFeeIncome" xlink:title="label: CollectionServicesFeeIncome to bap_CollectionServicesFeeIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OperationalFeeAndCommissionIncome" xlink:label="OperationalFeeAndCommissionIncome" xlink:title="OperationalFeeAndCommissionIncome" />
    <link:label xlink:type="resource" xlink:label="bap_OperationalFeeAndCommissionIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OperationalFeeAndCommissionIncome_lbl" xml:lang="en-US" id="bap_OperationalFeeAndCommissionIncome_lbl">The amount of income recognized from operational fees and commissions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalFeeAndCommissionIncome" xlink:to="bap_OperationalFeeAndCommissionIncome_lbl" xlink:title="label: OperationalFeeAndCommissionIncome to bap_OperationalFeeAndCommissionIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OperationalFeeAndCommissionIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OperationalFeeAndCommissionIncome_lbl1" xml:lang="en-US" id="bap_OperationalFeeAndCommissionIncome_lbl1">Operational fee and commission income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalFeeAndCommissionIncome" xlink:to="bap_OperationalFeeAndCommissionIncome_lbl1" xlink:title="label: OperationalFeeAndCommissionIncome to bap_OperationalFeeAndCommissionIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OperationalFeeAndCommissionIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OperationalFeeAndCommissionIncome" xml:lang="en-US" id="bap_OperationalFeeAndCommissionIncome">Operational commissions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalFeeAndCommissionIncome" xlink:to="bap_OperationalFeeAndCommissionIncome" xlink:title="label: OperationalFeeAndCommissionIncome to bap_OperationalFeeAndCommissionIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:label="DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:title="DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl">The detailed information of commissions and fees income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock to bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl1">Disclosure of detailed information of commissions and fees income [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock to bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock">Commissions and Fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock to bap_DisclosureOfDetailedInformationOfCommissionsAndFeesIncomeTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:label="DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:title="DisclosureOfOtherAssetsAndLiabilitiesTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl">Schedule disclosing information related to other assets and liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesTable to bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl1">Disclosure of other assets and liabilities [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl1" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesTable to bap_DisclosureOfOtherAssetsAndLiabilitiesTable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesTable" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesTable">Disclosure of Other Assets and Other Liabilities [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesTable" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesTable to bap_DisclosureOfOtherAssetsAndLiabilitiesTable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:label="DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:title="DisclosureOfOtherAssetsAndLiabilitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesLineItems to bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl1">Disclosure of other assets and liabilities [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl1" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesLineItems to bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems" xml:lang="en-US" id="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems">Disclosure of Other Assets and Other Liabilities [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:to="bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems" xlink:title="label: DisclosureOfOtherAssetsAndLiabilitiesLineItems to bap_DisclosureOfOtherAssetsAndLiabilitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ConsolidatedStatementsOfIncomeAbstract" xlink:label="ConsolidatedStatementsOfIncomeAbstract" xlink:title="ConsolidatedStatementsOfIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ConsolidatedStatementsOfIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ConsolidatedStatementsOfIncomeAbstract_lbl1" xml:lang="en-US" id="bap_ConsolidatedStatementsOfIncomeAbstract_lbl1">Consolidated Statements of Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedStatementsOfIncomeAbstract" xlink:to="bap_ConsolidatedStatementsOfIncomeAbstract_lbl1" xlink:title="label: ConsolidatedStatementsOfIncomeAbstract to bap_ConsolidatedStatementsOfIncomeAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ConsolidatedStatementsOfIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ConsolidatedStatementsOfIncomeAbstract" xml:lang="en-US" id="bap_ConsolidatedStatementsOfIncomeAbstract">Consolidated Statement of Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidatedStatementsOfIncomeAbstract" xlink:to="bap_ConsolidatedStatementsOfIncomeAbstract" xlink:title="label: ConsolidatedStatementsOfIncomeAbstract to bap_ConsolidatedStatementsOfIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:label="DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:title="DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl">The disclosure of detailed information about interest and similar income and interest and similar expense.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl1">Disclosure of detailed information of interest income expenses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock">Interest, Similar Income and Similar Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationOfInterestIncomeExpensesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ADMINISTRATIVEEXPENSESAbstract" xlink:label="ADMINISTRATIVEEXPENSESAbstract" xlink:title="ADMINISTRATIVEEXPENSESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ADMINISTRATIVEEXPENSESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ADMINISTRATIVEEXPENSESAbstract_lbl1" xml:lang="en-US" id="bap_ADMINISTRATIVEEXPENSESAbstract_lbl1">ADMINISTRATIVE EXPENSES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ADMINISTRATIVEEXPENSESAbstract" xlink:to="bap_ADMINISTRATIVEEXPENSESAbstract_lbl1" xlink:title="label: ADMINISTRATIVEEXPENSESAbstract to bap_ADMINISTRATIVEEXPENSESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfAdministrativeExpenseAbstract" xlink:label="DisclosureOfAdministrativeExpenseAbstract" xlink:title="DisclosureOfAdministrativeExpenseAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfAdministrativeExpenseAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfAdministrativeExpenseAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfAdministrativeExpenseAbstract_lbl1">Disclosure of administrative expense [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAdministrativeExpenseAbstract" xlink:to="bap_DisclosureOfAdministrativeExpenseAbstract_lbl1" xlink:title="label: DisclosureOfAdministrativeExpenseAbstract to bap_DisclosureOfAdministrativeExpenseAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfAdministrativeExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfAdministrativeExpenseAbstract" xml:lang="en-US" id="bap_DisclosureOfAdministrativeExpenseAbstract">Administrative Expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfAdministrativeExpenseAbstract" xlink:to="bap_DisclosureOfAdministrativeExpenseAbstract" xlink:title="label: DisclosureOfAdministrativeExpenseAbstract to bap_DisclosureOfAdministrativeExpenseAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ITExpensesAndSystemsOutsourcing" xlink:label="ITExpensesAndSystemsOutsourcing" xlink:title="ITExpensesAndSystemsOutsourcing" />
    <link:label xlink:type="resource" xlink:label="bap_ITExpensesAndSystemsOutsourcing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ITExpensesAndSystemsOutsourcing_lbl" xml:lang="en-US" id="bap_ITExpensesAndSystemsOutsourcing_lbl">The amount of systems expenses incurred as part of administrative expenses, classified as IT expenses and systems outsourcing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITExpensesAndSystemsOutsourcing" xlink:to="bap_ITExpensesAndSystemsOutsourcing_lbl" xlink:title="label: ITExpensesAndSystemsOutsourcing to bap_ITExpensesAndSystemsOutsourcing_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ITExpensesAndSystemsOutsourcing_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ITExpensesAndSystemsOutsourcing_lbl1" xml:lang="en-US" id="bap_ITExpensesAndSystemsOutsourcing_lbl1">IT Expenses and Systems Outsourcing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITExpensesAndSystemsOutsourcing" xlink:to="bap_ITExpensesAndSystemsOutsourcing_lbl1" xlink:title="label: ITExpensesAndSystemsOutsourcing to bap_ITExpensesAndSystemsOutsourcing_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ITExpensesAndSystemsOutsourcing" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ITExpensesAndSystemsOutsourcing" xml:lang="en-US" id="bap_ITExpensesAndSystemsOutsourcing">IT expenses and systems outsourcing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ITExpensesAndSystemsOutsourcing" xlink:to="bap_ITExpensesAndSystemsOutsourcing" xlink:title="label: ITExpensesAndSystemsOutsourcing to bap_ITExpensesAndSystemsOutsourcing" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ElectricityAndWaterExpense" xlink:label="ElectricityAndWaterExpense" xlink:title="ElectricityAndWaterExpense" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityAndWaterExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ElectricityAndWaterExpense_lbl" xml:lang="en-US" id="bap_ElectricityAndWaterExpense_lbl">The amount of electricity and water expense incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityAndWaterExpense" xlink:to="bap_ElectricityAndWaterExpense_lbl" xlink:title="label: ElectricityAndWaterExpense to bap_ElectricityAndWaterExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityAndWaterExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ElectricityAndWaterExpense_lbl1" xml:lang="en-US" id="bap_ElectricityAndWaterExpense_lbl1">Electricity and water expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityAndWaterExpense" xlink:to="bap_ElectricityAndWaterExpense_lbl1" xlink:title="label: ElectricityAndWaterExpense to bap_ElectricityAndWaterExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityAndWaterExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ElectricityAndWaterExpense" xml:lang="en-US" id="bap_ElectricityAndWaterExpense">Electricity and water</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityAndWaterExpense" xlink:to="bap_ElectricityAndWaterExpense" xlink:title="label: ElectricityAndWaterExpense to bap_ElectricityAndWaterExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecurityAndProtectionExpense" xlink:label="SecurityAndProtectionExpense" xlink:title="SecurityAndProtectionExpense" />
    <link:label xlink:type="resource" xlink:label="bap_SecurityAndProtectionExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SecurityAndProtectionExpense_lbl" xml:lang="en-US" id="bap_SecurityAndProtectionExpense_lbl">The amount of security and protection expense incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityAndProtectionExpense" xlink:to="bap_SecurityAndProtectionExpense_lbl" xlink:title="label: SecurityAndProtectionExpense to bap_SecurityAndProtectionExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SecurityAndProtectionExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecurityAndProtectionExpense_lbl1" xml:lang="en-US" id="bap_SecurityAndProtectionExpense_lbl1">Security and protection expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityAndProtectionExpense" xlink:to="bap_SecurityAndProtectionExpense_lbl1" xlink:title="label: SecurityAndProtectionExpense to bap_SecurityAndProtectionExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecurityAndProtectionExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecurityAndProtectionExpense" xml:lang="en-US" id="bap_SecurityAndProtectionExpense">Security and protection</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecurityAndProtectionExpense" xlink:to="bap_SecurityAndProtectionExpense" xlink:title="label: SecurityAndProtectionExpense to bap_SecurityAndProtectionExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CleaningExpense" xlink:label="CleaningExpense" xlink:title="CleaningExpense" />
    <link:label xlink:type="resource" xlink:label="bap_CleaningExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CleaningExpense_lbl" xml:lang="en-US" id="bap_CleaningExpense_lbl">The amount of cleaning expense incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CleaningExpense" xlink:to="bap_CleaningExpense_lbl" xlink:title="label: CleaningExpense to bap_CleaningExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CleaningExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CleaningExpense_lbl1" xml:lang="en-US" id="bap_CleaningExpense_lbl1">Cleaning expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CleaningExpense" xlink:to="bap_CleaningExpense_lbl1" xlink:title="label: CleaningExpense to bap_CleaningExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CleaningExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CleaningExpense" xml:lang="en-US" id="bap_CleaningExpense">Cleaning</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CleaningExpense" xlink:to="bap_CleaningExpense" xlink:title="label: CleaningExpense to bap_CleaningExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:label="AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:title="AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl" xml:lang="en-US" id="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl">The amount of expense incurred for the short term, low value and variable income lease.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:to="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl" xlink:title="label: AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense to bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl1" xml:lang="en-US" id="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl1">Administrative short term, low value and variable income lease expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:to="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl1" xlink:title="label: AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense to bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xml:lang="en-US" id="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense">Short term, low value and variable income lease</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:to="bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" xlink:title="label: AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense to bap_AdministrativeShortTermLowValueAndVariableIncomeLeaseExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MiscellaneousAdministrativeExpense" xlink:label="MiscellaneousAdministrativeExpense" xlink:title="MiscellaneousAdministrativeExpense" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MiscellaneousAdministrativeExpense_lbl" xml:lang="en-US" id="bap_MiscellaneousAdministrativeExpense_lbl">The amount of expense arising from sundry supplies associated with administrative expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousAdministrativeExpense" xlink:to="bap_MiscellaneousAdministrativeExpense_lbl" xlink:title="label: MiscellaneousAdministrativeExpense to bap_MiscellaneousAdministrativeExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousAdministrativeExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MiscellaneousAdministrativeExpense_lbl1" xml:lang="en-US" id="bap_MiscellaneousAdministrativeExpense_lbl1">Miscellaneous administrative expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousAdministrativeExpense" xlink:to="bap_MiscellaneousAdministrativeExpense_lbl1" xlink:title="label: MiscellaneousAdministrativeExpense to bap_MiscellaneousAdministrativeExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MiscellaneousAdministrativeExpense" xml:lang="en-US" id="bap_MiscellaneousAdministrativeExpense">Sundry supplies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousAdministrativeExpense" xlink:to="bap_MiscellaneousAdministrativeExpense" xlink:title="label: MiscellaneousAdministrativeExpense to bap_MiscellaneousAdministrativeExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubscriptionsAndQuotesExpense" xlink:label="SubscriptionsAndQuotesExpense" xlink:title="SubscriptionsAndQuotesExpense" />
    <link:label xlink:type="resource" xlink:label="bap_SubscriptionsAndQuotesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubscriptionsAndQuotesExpense_lbl" xml:lang="en-US" id="bap_SubscriptionsAndQuotesExpense_lbl">The amount of subscriptions and quotes expense incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionsAndQuotesExpense" xlink:to="bap_SubscriptionsAndQuotesExpense_lbl" xlink:title="label: SubscriptionsAndQuotesExpense to bap_SubscriptionsAndQuotesExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubscriptionsAndQuotesExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubscriptionsAndQuotesExpense_lbl1" xml:lang="en-US" id="bap_SubscriptionsAndQuotesExpense_lbl1">Subscriptions and quotes expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionsAndQuotesExpense" xlink:to="bap_SubscriptionsAndQuotesExpense_lbl1" xlink:title="label: SubscriptionsAndQuotesExpense to bap_SubscriptionsAndQuotesExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubscriptionsAndQuotesExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubscriptionsAndQuotesExpense" xml:lang="en-US" id="bap_SubscriptionsAndQuotesExpense">Subscriptions and quotes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubscriptionsAndQuotesExpense" xlink:to="bap_SubscriptionsAndQuotesExpense" xlink:title="label: SubscriptionsAndQuotesExpense to bap_SubscriptionsAndQuotesExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OutsourcingExpenses" xlink:label="OutsourcingExpenses" xlink:title="OutsourcingExpenses" />
    <link:label xlink:type="resource" xlink:label="bap_OutsourcingExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OutsourcingExpenses_lbl" xml:lang="en-US" id="bap_OutsourcingExpenses_lbl">The amount of expenses that the entity classifies as being outsourcing expenses for services such as call center services, filing and digitalization services, collection services, among other minor services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutsourcingExpenses" xlink:to="bap_OutsourcingExpenses_lbl" xlink:title="label: OutsourcingExpenses to bap_OutsourcingExpenses_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OutsourcingExpenses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OutsourcingExpenses_lbl1" xml:lang="en-US" id="bap_OutsourcingExpenses_lbl1">Outsourcing expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutsourcingExpenses" xlink:to="bap_OutsourcingExpenses_lbl1" xlink:title="label: OutsourcingExpenses to bap_OutsourcingExpenses_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OutsourcingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OutsourcingExpenses" xml:lang="en-US" id="bap_OutsourcingExpenses">Outsourcing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OutsourcingExpenses" xlink:to="bap_OutsourcingExpenses" xlink:title="label: OutsourcingExpenses to bap_OutsourcingExpenses" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ElectronicProcessingExpense" xlink:label="ElectronicProcessingExpense" xlink:title="ElectronicProcessingExpense" />
    <link:label xlink:type="resource" xlink:label="bap_ElectronicProcessingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ElectronicProcessingExpense_lbl" xml:lang="en-US" id="bap_ElectronicProcessingExpense_lbl">The amount of electronic processing expense incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectronicProcessingExpense" xlink:to="bap_ElectronicProcessingExpense_lbl" xlink:title="label: ElectronicProcessingExpense to bap_ElectronicProcessingExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ElectronicProcessingExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ElectronicProcessingExpense_lbl1" xml:lang="en-US" id="bap_ElectronicProcessingExpense_lbl1">Electronic processing expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectronicProcessingExpense" xlink:to="bap_ElectronicProcessingExpense_lbl1" xlink:title="label: ElectronicProcessingExpense to bap_ElectronicProcessingExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ElectronicProcessingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ElectronicProcessingExpense" xml:lang="en-US" id="bap_ElectronicProcessingExpense">Electronic processing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectronicProcessingExpense" xlink:to="bap_ElectronicProcessingExpense" xlink:title="label: ElectronicProcessingExpense to bap_ElectronicProcessingExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherServicesExpense" xlink:label="OtherServicesExpense" xlink:title="OtherServicesExpense" />
    <link:label xlink:type="resource" xlink:label="bap_OtherServicesExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherServicesExpense_lbl" xml:lang="en-US" id="bap_OtherServicesExpense_lbl">The amount of alternative channels and other services incurred during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherServicesExpense" xlink:to="bap_OtherServicesExpense_lbl" xlink:title="label: OtherServicesExpense to bap_OtherServicesExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherServicesExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherServicesExpense_lbl1" xml:lang="en-US" id="bap_OtherServicesExpense_lbl1">Other services expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherServicesExpense" xlink:to="bap_OtherServicesExpense_lbl1" xlink:title="label: OtherServicesExpense to bap_OtherServicesExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherServicesExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherServicesExpense" xml:lang="en-US" id="bap_OtherServicesExpense">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherServicesExpense" xlink:to="bap_OtherServicesExpense" xlink:title="label: OtherServicesExpense to bap_OtherServicesExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxesAndContributions" xlink:label="TaxesAndContributions" xlink:title="TaxesAndContributions" />
    <link:label xlink:type="resource" xlink:label="bap_TaxesAndContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxesAndContributions_lbl" xml:lang="en-US" id="bap_TaxesAndContributions_lbl">The amount of expenses arising from taxes and contributions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAndContributions" xlink:to="bap_TaxesAndContributions_lbl" xlink:title="label: TaxesAndContributions to bap_TaxesAndContributions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxesAndContributions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxesAndContributions_lbl1" xml:lang="en-US" id="bap_TaxesAndContributions_lbl1">Taxes and contributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAndContributions" xlink:to="bap_TaxesAndContributions_lbl1" xlink:title="label: TaxesAndContributions to bap_TaxesAndContributions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxesAndContributions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_TaxesAndContributions" xml:lang="en-US" id="bap_TaxesAndContributions">Taxes and contributions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxesAndContributions" xlink:to="bap_TaxesAndContributions" xlink:title="label: TaxesAndContributions to bap_TaxesAndContributions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TransportAndCommunicationExpense" xlink:label="TransportAndCommunicationExpense" xlink:title="TransportAndCommunicationExpense" />
    <link:label xlink:type="resource" xlink:label="bap_TransportAndCommunicationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TransportAndCommunicationExpense_lbl" xml:lang="en-US" id="bap_TransportAndCommunicationExpense_lbl">The amount of expense arising from transportation services and communication.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportAndCommunicationExpense" xlink:to="bap_TransportAndCommunicationExpense_lbl" xlink:title="label: TransportAndCommunicationExpense to bap_TransportAndCommunicationExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TransportAndCommunicationExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TransportAndCommunicationExpense_lbl1" xml:lang="en-US" id="bap_TransportAndCommunicationExpense_lbl1">Transport and communication expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportAndCommunicationExpense" xlink:to="bap_TransportAndCommunicationExpense_lbl1" xlink:title="label: TransportAndCommunicationExpense to bap_TransportAndCommunicationExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TransportAndCommunicationExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_TransportAndCommunicationExpense" xml:lang="en-US" id="bap_TransportAndCommunicationExpense">Transport and communications</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportAndCommunicationExpense" xlink:to="bap_TransportAndCommunicationExpense" xlink:title="label: TransportAndCommunicationExpense to bap_TransportAndCommunicationExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfCashAndCashEquivalentsTable" xlink:label="DisclosureOfCashAndCashEquivalentsTable" xlink:title="DisclosureOfCashAndCashEquivalentsTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfCashAndCashEquivalentsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfCashAndCashEquivalentsTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfCashAndCashEquivalentsTable_lbl1">Disclosure Of Cash And Cash Equivalents [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashAndCashEquivalentsTable" xlink:to="bap_DisclosureOfCashAndCashEquivalentsTable_lbl1" xlink:title="label: DisclosureOfCashAndCashEquivalentsTable to bap_DisclosureOfCashAndCashEquivalentsTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SolesMember" xlink:label="SolesMember" xlink:title="SolesMember" />
    <link:label xlink:type="resource" xlink:label="bap_SolesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SolesMember_lbl" xml:lang="en-US" id="bap_SolesMember_lbl">This member stands for soles.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesMember" xlink:to="bap_SolesMember_lbl" xlink:title="label: SolesMember to bap_SolesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SolesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SolesMember_lbl1" xml:lang="en-US" id="bap_SolesMember_lbl1">Soles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesMember" xlink:to="bap_SolesMember_lbl1" xlink:title="label: SolesMember to bap_SolesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SolesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SolesMember" xml:lang="en-US" id="bap_SolesMember">The Soles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesMember" xlink:to="bap_SolesMember" xlink:title="label: SolesMember to bap_SolesMember" />
    <link:label xlink:type="resource" xlink:label="bap_SolesMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SolesMember_lbl2" xml:lang="en-US" id="bap_SolesMember_lbl2">Soles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesMember" xlink:to="bap_SolesMember_lbl2" xlink:title="label: SolesMember to bap_SolesMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_USDollarsMember" xlink:label="USDollarsMember" xlink:title="USDollarsMember" />
    <link:label xlink:type="resource" xlink:label="bap_USDollarsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_USDollarsMember_lbl" xml:lang="en-US" id="bap_USDollarsMember_lbl">This member stands for currency of U.S. Dollars.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarsMember" xlink:to="bap_USDollarsMember_lbl" xlink:title="label: USDollarsMember to bap_USDollarsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_USDollarsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_USDollarsMember_lbl1" xml:lang="en-US" id="bap_USDollarsMember_lbl1">U.S. Dollars [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarsMember" xlink:to="bap_USDollarsMember_lbl1" xlink:title="label: USDollarsMember to bap_USDollarsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_USDollarsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_USDollarsMember" xml:lang="en-US" id="bap_USDollarsMember">US Dollars [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarsMember" xlink:to="bap_USDollarsMember" xlink:title="label: USDollarsMember to bap_USDollarsMember" />
    <link:label xlink:type="resource" xlink:label="bap_USDollarsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_USDollarsMember_lbl2" xml:lang="en-US" id="bap_USDollarsMember_lbl2">U.S. Dollars [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="USDollarsMember" xlink:to="bap_USDollarsMember_lbl2" xlink:title="label: USDollarsMember to bap_USDollarsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfCashAndCashEquivalentsLineItems" xlink:label="DisclosureOfCashAndCashEquivalentsLineItems" xlink:title="DisclosureOfCashAndCashEquivalentsLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfCashAndCashEquivalentsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfCashAndCashEquivalentsLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfCashAndCashEquivalentsLineItems_lbl1">Disclosure Of Cash And Cash Equivalents [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashAndCashEquivalentsLineItems" xlink:to="bap_DisclosureOfCashAndCashEquivalentsLineItems_lbl1" xlink:title="label: DisclosureOfCashAndCashEquivalentsLineItems to bap_DisclosureOfCashAndCashEquivalentsLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonMandatoryReservesAbstract" xlink:label="NonMandatoryReservesAbstract" xlink:title="NonMandatoryReservesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_NonMandatoryReservesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonMandatoryReservesAbstract_lbl1" xml:lang="en-US" id="bap_NonMandatoryReservesAbstract_lbl1">Non mandatory reserves [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonMandatoryReservesAbstract" xlink:to="bap_NonMandatoryReservesAbstract_lbl1" xlink:title="label: NonMandatoryReservesAbstract to bap_NonMandatoryReservesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonMandatoryReservesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NonMandatoryReservesAbstract" xml:lang="en-US" id="bap_NonMandatoryReservesAbstract">Additional funds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonMandatoryReservesAbstract" xlink:to="bap_NonMandatoryReservesAbstract" xlink:title="label: NonMandatoryReservesAbstract to bap_NonMandatoryReservesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OvernightDepositsWithCentralReserveBankOfPeru" xlink:label="OvernightDepositsWithCentralReserveBankOfPeru" xlink:title="OvernightDepositsWithCentralReserveBankOfPeru" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl" xml:lang="en-US" id="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl">The amount of overnight deposits with Central Reserve Bank of Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsWithCentralReserveBankOfPeru" xlink:to="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl" xlink:title="label: OvernightDepositsWithCentralReserveBankOfPeru to bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl1" xml:lang="en-US" id="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl1">Overnight deposits with Central Reserve Bank of Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsWithCentralReserveBankOfPeru" xlink:to="bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl1" xlink:title="label: OvernightDepositsWithCentralReserveBankOfPeru to bap_OvernightDepositsWithCentralReserveBankOfPeru_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsWithCentralReserveBankOfPeru" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OvernightDepositsWithCentralReserveBankOfPeru" xml:lang="en-US" id="bap_OvernightDepositsWithCentralReserveBankOfPeru">Overnight deposits with Central Reserve Bank of Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsWithCentralReserveBankOfPeru" xlink:to="bap_OvernightDepositsWithCentralReserveBankOfPeru" xlink:title="label: OvernightDepositsWithCentralReserveBankOfPeru to bap_OvernightDepositsWithCentralReserveBankOfPeru" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:label="OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:title="OtherNonMandatoryReserveDepositsAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl" xml:lang="en-US" id="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl">The amount of non mandatory reserve that is kept in deposit at a Central Bank classified as other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl" xlink:title="label: OtherNonMandatoryReserveDepositsAtCentralBanks to bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl1" xml:lang="en-US" id="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl1">Other non mandatory reserve deposits at Central Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl1" xlink:title="label: OtherNonMandatoryReserveDepositsAtCentralBanks to bap_OtherNonMandatoryReserveDepositsAtCentralBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherNonMandatoryReserveDepositsAtCentralBanks" xml:lang="en-US" id="bap_OtherNonMandatoryReserveDepositsAtCentralBanks">Cash in vaults of Bank and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherNonMandatoryReserveDepositsAtCentralBanks" xlink:title="label: OtherNonMandatoryReserveDepositsAtCentralBanks to bap_OtherNonMandatoryReserveDepositsAtCentralBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TermDepositsWithCentralReserveBank" xlink:label="TermDepositsWithCentralReserveBank" xlink:title="TermDepositsWithCentralReserveBank" />
    <link:label xlink:type="resource" xlink:label="bap_TermDepositsWithCentralReserveBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TermDepositsWithCentralReserveBank_lbl" xml:lang="en-US" id="bap_TermDepositsWithCentralReserveBank_lbl">The amount of term deposits with Central Reserve Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermDepositsWithCentralReserveBank" xlink:to="bap_TermDepositsWithCentralReserveBank_lbl" xlink:title="label: TermDepositsWithCentralReserveBank to bap_TermDepositsWithCentralReserveBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TermDepositsWithCentralReserveBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TermDepositsWithCentralReserveBank_lbl1" xml:lang="en-US" id="bap_TermDepositsWithCentralReserveBank_lbl1">Term deposits with Central Reserve Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermDepositsWithCentralReserveBank" xlink:to="bap_TermDepositsWithCentralReserveBank_lbl1" xlink:title="label: TermDepositsWithCentralReserveBank to bap_TermDepositsWithCentralReserveBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TermDepositsWithCentralReserveBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TermDepositsWithCentralReserveBank" xml:lang="en-US" id="bap_TermDepositsWithCentralReserveBank">Term deposits with Central Reserve Bank of Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermDepositsWithCentralReserveBank" xlink:to="bap_TermDepositsWithCentralReserveBank" xlink:title="label: TermDepositsWithCentralReserveBank to bap_TermDepositsWithCentralReserveBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherDeposits" xlink:label="OtherDeposits" xlink:title="OtherDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_OtherDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherDeposits_lbl" xml:lang="en-US" id="bap_OtherDeposits_lbl">The amount of other deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherDeposits" xlink:to="bap_OtherDeposits_lbl" xlink:title="label: OtherDeposits to bap_OtherDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherDeposits_lbl1" xml:lang="en-US" id="bap_OtherDeposits_lbl1">Other deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherDeposits" xlink:to="bap_OtherDeposits_lbl1" xlink:title="label: OtherDeposits to bap_OtherDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherDeposits" xml:lang="en-US" id="bap_OtherDeposits">Other Deposits BCRP</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherDeposits" xlink:to="bap_OtherDeposits" xlink:title="label: OtherDeposits to bap_OtherDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReserveDepositsAtCentralBanks" xlink:label="ReserveDepositsAtCentralBanks" xlink:title="ReserveDepositsAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveDepositsAtCentralBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReserveDepositsAtCentralBanks_lbl" xml:lang="en-US" id="bap_ReserveDepositsAtCentralBanks_lbl">The amount of total reserve deposits at central banks including mandatory and non mandatory deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveDepositsAtCentralBanks" xlink:to="bap_ReserveDepositsAtCentralBanks_lbl" xlink:title="label: ReserveDepositsAtCentralBanks to bap_ReserveDepositsAtCentralBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveDepositsAtCentralBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReserveDepositsAtCentralBanks_lbl1" xml:lang="en-US" id="bap_ReserveDepositsAtCentralBanks_lbl1">Reserve deposits at Central Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveDepositsAtCentralBanks" xlink:to="bap_ReserveDepositsAtCentralBanks_lbl1" xlink:title="label: ReserveDepositsAtCentralBanks to bap_ReserveDepositsAtCentralBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_ReserveDepositsAtCentralBanks" xml:lang="en-US" id="bap_ReserveDepositsAtCentralBanks">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveDepositsAtCentralBanks" xlink:to="bap_ReserveDepositsAtCentralBanks" xlink:title="label: ReserveDepositsAtCentralBanks to bap_ReserveDepositsAtCentralBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract" xlink:label="InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract" xlink:title="InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract_lbl1" xml:lang="en-US" id="bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract_lbl1">Information related to legal cash requirements and additional funds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract" xlink:to="bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract_lbl1" xlink:title="label: InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract to bap_InformationRelatedToLegalCashRequirementsAndAdditionalFundsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImplicitInterestRateForeign" xlink:label="ImplicitInterestRateForeign" xlink:title="ImplicitInterestRateForeign" />
    <link:label xlink:type="resource" xlink:label="bap_ImplicitInterestRateForeign_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImplicitInterestRateForeign_lbl" xml:lang="en-US" id="bap_ImplicitInterestRateForeign_lbl">The implicit rate of interest on the mandatory reserve deposits made in foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImplicitInterestRateForeign" xlink:to="bap_ImplicitInterestRateForeign_lbl" xlink:title="label: ImplicitInterestRateForeign to bap_ImplicitInterestRateForeign_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImplicitInterestRateForeign_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImplicitInterestRateForeign_lbl1" xml:lang="en-US" id="bap_ImplicitInterestRateForeign_lbl1">Implicit interest rate, foreign</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImplicitInterestRateForeign" xlink:to="bap_ImplicitInterestRateForeign_lbl1" xlink:title="label: ImplicitInterestRateForeign to bap_ImplicitInterestRateForeign_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaturityPeriodOfOvernightDeposits" xlink:label="MaturityPeriodOfOvernightDeposits" xlink:title="MaturityPeriodOfOvernightDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityPeriodOfOvernightDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaturityPeriodOfOvernightDeposits_lbl" xml:lang="en-US" id="bap_MaturityPeriodOfOvernightDeposits_lbl">The maturity period of overnight deposits in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityPeriodOfOvernightDeposits" xlink:to="bap_MaturityPeriodOfOvernightDeposits_lbl" xlink:title="label: MaturityPeriodOfOvernightDeposits to bap_MaturityPeriodOfOvernightDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityPeriodOfOvernightDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaturityPeriodOfOvernightDeposits_lbl1" xml:lang="en-US" id="bap_MaturityPeriodOfOvernightDeposits_lbl1">Maturity period of overnight deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityPeriodOfOvernightDeposits" xlink:to="bap_MaturityPeriodOfOvernightDeposits_lbl1" xlink:title="label: MaturityPeriodOfOvernightDeposits to bap_MaturityPeriodOfOvernightDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashDepositsWithLocalAndForeignBanks" xlink:label="CashDepositsWithLocalAndForeignBanks" xlink:title="CashDepositsWithLocalAndForeignBanks" />
    <link:label xlink:type="resource" xlink:label="bap_CashDepositsWithLocalAndForeignBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashDepositsWithLocalAndForeignBanks_lbl" xml:lang="en-US" id="bap_CashDepositsWithLocalAndForeignBanks_lbl">The cash deposits with local and foreign banks held by entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashDepositsWithLocalAndForeignBanks" xlink:to="bap_CashDepositsWithLocalAndForeignBanks_lbl" xlink:title="label: CashDepositsWithLocalAndForeignBanks to bap_CashDepositsWithLocalAndForeignBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashDepositsWithLocalAndForeignBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashDepositsWithLocalAndForeignBanks_lbl1" xml:lang="en-US" id="bap_CashDepositsWithLocalAndForeignBanks_lbl1">Cash deposits with local and Foreign Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashDepositsWithLocalAndForeignBanks" xlink:to="bap_CashDepositsWithLocalAndForeignBanks_lbl1" xlink:title="label: CashDepositsWithLocalAndForeignBanks to bap_CashDepositsWithLocalAndForeignBanks_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImplicitInterestRateDomestic" xlink:label="ImplicitInterestRateDomestic" xlink:title="ImplicitInterestRateDomestic" />
    <link:label xlink:type="resource" xlink:label="bap_ImplicitInterestRateDomestic_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImplicitInterestRateDomestic_lbl" xml:lang="en-US" id="bap_ImplicitInterestRateDomestic_lbl">The implicit rate of interest on the mandatory reserve deposits made in domestic currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImplicitInterestRateDomestic" xlink:to="bap_ImplicitInterestRateDomestic_lbl" xlink:title="label: ImplicitInterestRateDomestic to bap_ImplicitInterestRateDomestic_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImplicitInterestRateDomestic_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImplicitInterestRateDomestic_lbl1" xml:lang="en-US" id="bap_ImplicitInterestRateDomestic_lbl1">Implicit interest rate, domestic</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImplicitInterestRateDomestic" xlink:to="bap_ImplicitInterestRateDomestic_lbl1" xlink:title="label: ImplicitInterestRateDomestic to bap_ImplicitInterestRateDomestic_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfOvernightDeposits" xlink:label="NumberOfOvernightDeposits" xlink:title="NumberOfOvernightDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfOvernightDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfOvernightDeposits_lbl" xml:lang="en-US" id="bap_NumberOfOvernightDeposits_lbl">The number of overnight deposits held by entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOvernightDeposits" xlink:to="bap_NumberOfOvernightDeposits_lbl" xlink:title="label: NumberOfOvernightDeposits to bap_NumberOfOvernightDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfOvernightDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfOvernightDeposits_lbl1" xml:lang="en-US" id="bap_NumberOfOvernightDeposits_lbl1">Number of overnight deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfOvernightDeposits" xlink:to="bap_NumberOfOvernightDeposits_lbl1" xlink:title="label: NumberOfOvernightDeposits to bap_NumberOfOvernightDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OvernightDeposits" xlink:label="OvernightDeposits" xlink:title="OvernightDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OvernightDeposits_lbl" xml:lang="en-US" id="bap_OvernightDeposits_lbl">The carrying amount of overnight deposits with bank as on the date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDeposits" xlink:to="bap_OvernightDeposits_lbl" xlink:title="label: OvernightDeposits to bap_OvernightDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OvernightDeposits_lbl1" xml:lang="en-US" id="bap_OvernightDeposits_lbl1">Overnight deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDeposits" xlink:to="bap_OvernightDeposits_lbl1" xlink:title="label: OvernightDeposits to bap_OvernightDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OvernightDeposits" xml:lang="en-US" id="bap_OvernightDeposits">Overnight deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDeposits" xlink:to="bap_OvernightDeposits" xlink:title="label: OvernightDeposits to bap_OvernightDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OvernightDepositsEquivalentsToSolCurrency" xlink:label="OvernightDepositsEquivalentsToSolCurrency" xlink:title="OvernightDepositsEquivalentsToSolCurrency" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsEquivalentsToSolCurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OvernightDepositsEquivalentsToSolCurrency_lbl" xml:lang="en-US" id="bap_OvernightDepositsEquivalentsToSolCurrency_lbl">The carrying amount of overnight deposits with bank equivalents in Sol currency as on the date.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsEquivalentsToSolCurrency" xlink:to="bap_OvernightDepositsEquivalentsToSolCurrency_lbl" xlink:title="label: OvernightDepositsEquivalentsToSolCurrency to bap_OvernightDepositsEquivalentsToSolCurrency_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsEquivalentsToSolCurrency_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OvernightDepositsEquivalentsToSolCurrency_lbl1" xml:lang="en-US" id="bap_OvernightDepositsEquivalentsToSolCurrency_lbl1">Overnight deposits equivalents to Sol currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsEquivalentsToSolCurrency" xlink:to="bap_OvernightDepositsEquivalentsToSolCurrency_lbl1" xlink:title="label: OvernightDepositsEquivalentsToSolCurrency to bap_OvernightDepositsEquivalentsToSolCurrency_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OvernightDepositsEquivalentsToSolCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OvernightDepositsEquivalentsToSolCurrency" xml:lang="en-US" id="bap_OvernightDepositsEquivalentsToSolCurrency">Overnight deposits equivalents to Sol currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OvernightDepositsEquivalentsToSolCurrency" xlink:to="bap_OvernightDepositsEquivalentsToSolCurrency" xlink:title="label: OvernightDepositsEquivalentsToSolCurrency to bap_OvernightDepositsEquivalentsToSolCurrency" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestRateOnTermDepositsHeldWithCentralBank" xlink:label="InterestRateOnTermDepositsHeldWithCentralBank" xlink:title="InterestRateOnTermDepositsHeldWithCentralBank" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl" xml:lang="en-US" id="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl">Interest rate on term deposits held with Central Reserve Bank of Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateOnTermDepositsHeldWithCentralBank" xlink:to="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl" xlink:title="label: InterestRateOnTermDepositsHeldWithCentralBank to bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl1" xml:lang="en-US" id="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl1">Interest rate on term deposits held with Central Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateOnTermDepositsHeldWithCentralBank" xlink:to="bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl1" xlink:title="label: InterestRateOnTermDepositsHeldWithCentralBank to bap_InterestRateOnTermDepositsHeldWithCentralBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateOnTermDepositsHeldWithCentralBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestRateOnTermDepositsHeldWithCentralBank" xml:lang="en-US" id="bap_InterestRateOnTermDepositsHeldWithCentralBank">Interest rate on term deposits held with Central Reserve Bank of Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateOnTermDepositsHeldWithCentralBank" xlink:to="bap_InterestRateOnTermDepositsHeldWithCentralBank" xlink:title="label: InterestRateOnTermDepositsHeldWithCentralBank to bap_InterestRateOnTermDepositsHeldWithCentralBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfTermDeposits" xlink:label="NumberOfTermDeposits" xlink:title="NumberOfTermDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTermDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfTermDeposits_lbl" xml:lang="en-US" id="bap_NumberOfTermDeposits_lbl">The number of term deposits held by entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTermDeposits" xlink:to="bap_NumberOfTermDeposits_lbl" xlink:title="label: NumberOfTermDeposits to bap_NumberOfTermDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTermDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfTermDeposits_lbl1" xml:lang="en-US" id="bap_NumberOfTermDeposits_lbl1">Number of term deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTermDeposits" xlink:to="bap_NumberOfTermDeposits_lbl1" xlink:title="label: NumberOfTermDeposits to bap_NumberOfTermDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaturityOfTermDeposits" xlink:label="MaturityOfTermDeposits" xlink:title="MaturityOfTermDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityOfTermDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaturityOfTermDeposits_lbl" xml:lang="en-US" id="bap_MaturityOfTermDeposits_lbl">The maturity date of term deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOfTermDeposits" xlink:to="bap_MaturityOfTermDeposits_lbl" xlink:title="label: MaturityOfTermDeposits to bap_MaturityOfTermDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityOfTermDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaturityOfTermDeposits_lbl1" xml:lang="en-US" id="bap_MaturityOfTermDeposits_lbl1">Maturity of term deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityOfTermDeposits" xlink:to="bap_MaturityOfTermDeposits_lbl1" xlink:title="label: MaturityOfTermDeposits to bap_MaturityOfTermDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestRateOnOvernightDeposits" xlink:label="InterestRateOnOvernightDeposits" xlink:title="InterestRateOnOvernightDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateOnOvernightDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestRateOnOvernightDeposits_lbl" xml:lang="en-US" id="bap_InterestRateOnOvernightDeposits_lbl">The rate of interest derived from overnight deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateOnOvernightDeposits" xlink:to="bap_InterestRateOnOvernightDeposits_lbl" xlink:title="label: InterestRateOnOvernightDeposits to bap_InterestRateOnOvernightDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateOnOvernightDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestRateOnOvernightDeposits_lbl1" xml:lang="en-US" id="bap_InterestRateOnOvernightDeposits_lbl1">Interest rate on overnight deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateOnOvernightDeposits" xlink:to="bap_InterestRateOnOvernightDeposits_lbl1" xlink:title="label: InterestRateOnOvernightDeposits to bap_InterestRateOnOvernightDeposits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdditionalReserveFunds" xlink:label="AdditionalReserveFunds" xlink:title="AdditionalReserveFunds" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalReserveFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdditionalReserveFunds_lbl" xml:lang="en-US" id="bap_AdditionalReserveFunds_lbl">The amount of additional reserve funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalReserveFunds" xlink:to="bap_AdditionalReserveFunds_lbl" xlink:title="label: AdditionalReserveFunds to bap_AdditionalReserveFunds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalReserveFunds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdditionalReserveFunds_lbl1" xml:lang="en-US" id="bap_AdditionalReserveFunds_lbl1">Additional reserve funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalReserveFunds" xlink:to="bap_AdditionalReserveFunds_lbl1" xlink:title="label: AdditionalReserveFunds to bap_AdditionalReserveFunds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalReserveFunds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdditionalReserveFunds" xml:lang="en-US" id="bap_AdditionalReserveFunds">Additional reserve funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalReserveFunds" xlink:to="bap_AdditionalReserveFunds" xlink:title="label: AdditionalReserveFunds to bap_AdditionalReserveFunds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MandatoryReservesAbstract" xlink:label="MandatoryReservesAbstract" xlink:title="MandatoryReservesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryReservesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MandatoryReservesAbstract_lbl1" xml:lang="en-US" id="bap_MandatoryReservesAbstract_lbl1">Mandatory reserves [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryReservesAbstract" xlink:to="bap_MandatoryReservesAbstract_lbl1" xlink:title="label: MandatoryReservesAbstract to bap_MandatoryReservesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryReservesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MandatoryReservesAbstract" xml:lang="en-US" id="bap_MandatoryReservesAbstract">Legal cash requirements [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryReservesAbstract" xlink:to="bap_MandatoryReservesAbstract" xlink:title="label: MandatoryReservesAbstract to bap_MandatoryReservesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MandatoryDepositReserveAtCentralReserveBank" xlink:label="MandatoryDepositReserveAtCentralReserveBank" xlink:title="MandatoryDepositReserveAtCentralReserveBank" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralReserveBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MandatoryDepositReserveAtCentralReserveBank_lbl" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralReserveBank_lbl">The amount of mandatory reserve that is kept in deposit at a Central Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralReserveBank" xlink:to="bap_MandatoryDepositReserveAtCentralReserveBank_lbl" xlink:title="label: MandatoryDepositReserveAtCentralReserveBank to bap_MandatoryDepositReserveAtCentralReserveBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralReserveBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MandatoryDepositReserveAtCentralReserveBank_lbl1" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralReserveBank_lbl1">Mandatory deposit reserve at Central Reserve Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralReserveBank" xlink:to="bap_MandatoryDepositReserveAtCentralReserveBank_lbl1" xlink:title="label: MandatoryDepositReserveAtCentralReserveBank to bap_MandatoryDepositReserveAtCentralReserveBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralReserveBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MandatoryDepositReserveAtCentralReserveBank" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralReserveBank">Deposits with Central Reserve Bank of Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralReserveBank" xlink:to="bap_MandatoryDepositReserveAtCentralReserveBank" xlink:title="label: MandatoryDepositReserveAtCentralReserveBank to bap_MandatoryDepositReserveAtCentralReserveBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MandatoryDepositReserveAtRepublicBank" xlink:label="MandatoryDepositReserveAtRepublicBank" xlink:title="MandatoryDepositReserveAtRepublicBank" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtRepublicBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MandatoryDepositReserveAtRepublicBank_lbl" xml:lang="en-US" id="bap_MandatoryDepositReserveAtRepublicBank_lbl">The amount of mandatory reserve that is kept in deposit at a Republic Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtRepublicBank" xlink:to="bap_MandatoryDepositReserveAtRepublicBank_lbl" xlink:title="label: MandatoryDepositReserveAtRepublicBank to bap_MandatoryDepositReserveAtRepublicBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtRepublicBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MandatoryDepositReserveAtRepublicBank_lbl1" xml:lang="en-US" id="bap_MandatoryDepositReserveAtRepublicBank_lbl1">Mandatory deposit reserve at Republic Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtRepublicBank" xlink:to="bap_MandatoryDepositReserveAtRepublicBank_lbl1" xlink:title="label: MandatoryDepositReserveAtRepublicBank to bap_MandatoryDepositReserveAtRepublicBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtRepublicBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MandatoryDepositReserveAtRepublicBank" xml:lang="en-US" id="bap_MandatoryDepositReserveAtRepublicBank">Deposits with Republic Bank of Colombia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtRepublicBank" xlink:to="bap_MandatoryDepositReserveAtRepublicBank" xlink:title="label: MandatoryDepositReserveAtRepublicBank to bap_MandatoryDepositReserveAtRepublicBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherMandatoryReserveDepositsAtCentralBanks" xlink:label="OtherMandatoryReserveDepositsAtCentralBanks" xlink:title="OtherMandatoryReserveDepositsAtCentralBanks" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl" xml:lang="en-US" id="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl">The amount of mandatory reserve that is kept in deposit at a central bank classified as other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl" xlink:title="label: OtherMandatoryReserveDepositsAtCentralBanks to bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl1" xml:lang="en-US" id="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl1">Other mandatory reserve deposits at central banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl1" xlink:title="label: OtherMandatoryReserveDepositsAtCentralBanks to bap_OtherMandatoryReserveDepositsAtCentralBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMandatoryReserveDepositsAtCentralBanks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherMandatoryReserveDepositsAtCentralBanks" xml:lang="en-US" id="bap_OtherMandatoryReserveDepositsAtCentralBanks">Cash in vaults of Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMandatoryReserveDepositsAtCentralBanks" xlink:to="bap_OtherMandatoryReserveDepositsAtCentralBanks" xlink:title="label: OtherMandatoryReserveDepositsAtCentralBanks to bap_OtherMandatoryReserveDepositsAtCentralBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MandatoryDepositReserveAtCentralBank" xlink:label="MandatoryDepositReserveAtCentralBank" xlink:title="MandatoryDepositReserveAtCentralBank" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MandatoryDepositReserveAtCentralBank_lbl" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralBank_lbl">The amount of mandatory reserve that is kept in deposit at a Central Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralBank" xlink:to="bap_MandatoryDepositReserveAtCentralBank_lbl" xlink:title="label: MandatoryDepositReserveAtCentralBank to bap_MandatoryDepositReserveAtCentralBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MandatoryDepositReserveAtCentralBank_lbl1" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralBank_lbl1">Mandatory deposit reserve at Central Bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralBank" xlink:to="bap_MandatoryDepositReserveAtCentralBank_lbl1" xlink:title="label: MandatoryDepositReserveAtCentralBank to bap_MandatoryDepositReserveAtCentralBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MandatoryDepositReserveAtCentralBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MandatoryDepositReserveAtCentralBank" xml:lang="en-US" id="bap_MandatoryDepositReserveAtCentralBank">Deposits with Central Reserve Bank of Bolivia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MandatoryDepositReserveAtCentralBank" xlink:to="bap_MandatoryDepositReserveAtCentralBank" xlink:title="label: MandatoryDepositReserveAtCentralBank to bap_MandatoryDepositReserveAtCentralBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl">The disclosure of detailed information about cash and cash equivalents.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl1">Disclosure of detailed information about cash and cash equivalents [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock">Composition of Cash and due from Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashAndCashEquivalentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl">The disclosure of detailed information about reserve deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock to bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl1">Disclosure of detailed information about reserve deposits [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock to bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock">Cash, Clearing and Deposits with Central Banks and Bank of Republic</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock to bap_DisclosureOfDetailedInformationAboutReserveDepositsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepositsWithCentralBank" xlink:label="DepositsWithCentralBank" xlink:title="DepositsWithCentralBank" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsWithCentralBank_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepositsWithCentralBank_lbl" xml:lang="en-US" id="bap_DepositsWithCentralBank_lbl">The amount of deposits with Central Reserve Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsWithCentralBank" xlink:to="bap_DepositsWithCentralBank_lbl" xlink:title="label: DepositsWithCentralBank to bap_DepositsWithCentralBank_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsWithCentralBank_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepositsWithCentralBank_lbl1" xml:lang="en-US" id="bap_DepositsWithCentralBank_lbl1">Deposits with central bank</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsWithCentralBank" xlink:to="bap_DepositsWithCentralBank_lbl1" xlink:title="label: DepositsWithCentralBank to bap_DepositsWithCentralBank_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsWithCentralBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DepositsWithCentralBank" xml:lang="en-US" id="bap_DepositsWithCentralBank">Deposits with Central Reserve Bank of Bolivia and bank Republic of Colombia</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsWithCentralBank" xlink:to="bap_DepositsWithCentralBank" xlink:title="label: DepositsWithCentralBank to bap_DepositsWithCentralBank" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BankBalancesAtForeignBanks" xlink:label="BankBalancesAtForeignBanks" xlink:title="BankBalancesAtForeignBanks" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtForeignBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BankBalancesAtForeignBanks_lbl" xml:lang="en-US" id="bap_BankBalancesAtForeignBanks_lbl">The amount of bank balances deposited at foreign banks.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtForeignBanks" xlink:to="bap_BankBalancesAtForeignBanks_lbl" xlink:title="label: BankBalancesAtForeignBanks to bap_BankBalancesAtForeignBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtForeignBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BankBalancesAtForeignBanks_lbl1" xml:lang="en-US" id="bap_BankBalancesAtForeignBanks_lbl1">Bank Balances at Foreign Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtForeignBanks" xlink:to="bap_BankBalancesAtForeignBanks_lbl1" xlink:title="label: BankBalancesAtForeignBanks to bap_BankBalancesAtForeignBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtForeignBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BankBalancesAtForeignBanks" xml:lang="en-US" id="bap_BankBalancesAtForeignBanks">Deposits with foreign banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtForeignBanks" xlink:to="bap_BankBalancesAtForeignBanks" xlink:title="label: BankBalancesAtForeignBanks to bap_BankBalancesAtForeignBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BankBalancesAtLocalBanks" xlink:label="BankBalancesAtLocalBanks" xlink:title="BankBalancesAtLocalBanks" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtLocalBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BankBalancesAtLocalBanks_lbl" xml:lang="en-US" id="bap_BankBalancesAtLocalBanks_lbl">The amount of bank balances deposited at local banks.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtLocalBanks" xlink:to="bap_BankBalancesAtLocalBanks_lbl" xlink:title="label: BankBalancesAtLocalBanks to bap_BankBalancesAtLocalBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtLocalBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BankBalancesAtLocalBanks_lbl1" xml:lang="en-US" id="bap_BankBalancesAtLocalBanks_lbl1">Bank Balances at Local Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtLocalBanks" xlink:to="bap_BankBalancesAtLocalBanks_lbl1" xlink:title="label: BankBalancesAtLocalBanks to bap_BankBalancesAtLocalBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BankBalancesAtLocalBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BankBalancesAtLocalBanks" xml:lang="en-US" id="bap_BankBalancesAtLocalBanks">Deposits with local banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankBalancesAtLocalBanks" xlink:to="bap_BankBalancesAtLocalBanks" xlink:title="label: BankBalancesAtLocalBanks to bap_BankBalancesAtLocalBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_INVESTMENTSAbstract" xlink:label="INVESTMENTSAbstract" xlink:title="INVESTMENTSAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_INVESTMENTSAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_INVESTMENTSAbstract_lbl1" xml:lang="en-US" id="bap_INVESTMENTSAbstract_lbl1">INVESTMENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="INVESTMENTSAbstract" xlink:to="bap_INVESTMENTSAbstract_lbl1" xlink:title="label: INVESTMENTSAbstract to bap_INVESTMENTSAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentAtFairValueAbstract" xlink:label="InvestmentAtFairValueAbstract" xlink:title="InvestmentAtFairValueAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentAtFairValueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentAtFairValueAbstract_lbl1" xml:lang="en-US" id="bap_InvestmentAtFairValueAbstract_lbl1">Investment at fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAtFairValueAbstract" xlink:to="bap_InvestmentAtFairValueAbstract_lbl1" xlink:title="label: InvestmentAtFairValueAbstract to bap_InvestmentAtFairValueAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentAtFairValueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentAtFairValueAbstract" xml:lang="en-US" id="bap_InvestmentAtFairValueAbstract">Investment at fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentAtFairValueAbstract" xlink:to="bap_InvestmentAtFairValueAbstract" xlink:title="label: InvestmentAtFairValueAbstract to bap_InvestmentAtFairValueAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExchangeTradedFundMember" xlink:label="ExchangeTradedFundMember" xlink:title="ExchangeTradedFundMember" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradedFundMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExchangeTradedFundMember_lbl" xml:lang="en-US" id="bap_ExchangeTradedFundMember_lbl">This member stands for ETF (Exchange - traded fund).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradedFundMember" xlink:to="bap_ExchangeTradedFundMember_lbl" xlink:title="label: ExchangeTradedFundMember to bap_ExchangeTradedFundMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradedFundMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExchangeTradedFundMember_lbl1" xml:lang="en-US" id="bap_ExchangeTradedFundMember_lbl1">Exchange - Traded Fund [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradedFundMember" xlink:to="bap_ExchangeTradedFundMember_lbl1" xlink:title="label: ExchangeTradedFundMember to bap_ExchangeTradedFundMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradedFundMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExchangeTradedFundMember" xml:lang="en-US" id="bap_ExchangeTradedFundMember">ETF (Exchange - Traded Fund) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradedFundMember" xlink:to="bap_ExchangeTradedFundMember" xlink:title="label: ExchangeTradedFundMember to bap_ExchangeTradedFundMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationInRalFundMember" xlink:label="ParticipationInRalFundMember" xlink:title="ParticipationInRalFundMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRalFundMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationInRalFundMember_lbl" xml:lang="en-US" id="bap_ParticipationInRalFundMember_lbl">This member stands for participation in ral fund.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRalFundMember" xlink:to="bap_ParticipationInRalFundMember_lbl" xlink:title="label: ParticipationInRalFundMember to bap_ParticipationInRalFundMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRalFundMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationInRalFundMember_lbl1" xml:lang="en-US" id="bap_ParticipationInRalFundMember_lbl1">Participation in ral fund [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRalFundMember" xlink:to="bap_ParticipationInRalFundMember_lbl1" xlink:title="label: ParticipationInRalFundMember to bap_ParticipationInRalFundMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRalFundMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationInRalFundMember" xml:lang="en-US" id="bap_ParticipationInRalFundMember">Participation in RAL Fund [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRalFundMember" xlink:to="bap_ParticipationInRalFundMember" xlink:title="label: ParticipationInRalFundMember to bap_ParticipationInRalFundMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GovernmentTreasuryBondsMember" xlink:label="GovernmentTreasuryBondsMember" xlink:title="GovernmentTreasuryBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GovernmentTreasuryBondsMember_lbl" xml:lang="en-US" id="bap_GovernmentTreasuryBondsMember_lbl">This member stands for government treasury bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsMember" xlink:to="bap_GovernmentTreasuryBondsMember_lbl" xlink:title="label: GovernmentTreasuryBondsMember to bap_GovernmentTreasuryBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GovernmentTreasuryBondsMember_lbl1" xml:lang="en-US" id="bap_GovernmentTreasuryBondsMember_lbl1">Government treasury bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsMember" xlink:to="bap_GovernmentTreasuryBondsMember_lbl1" xlink:title="label: GovernmentTreasuryBondsMember to bap_GovernmentTreasuryBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GovernmentTreasuryBondsMember" xml:lang="en-US" id="bap_GovernmentTreasuryBondsMember">Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsMember" xlink:to="bap_GovernmentTreasuryBondsMember" xlink:title="label: GovernmentTreasuryBondsMember to bap_GovernmentTreasuryBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GovernmentTreasuryBondsMember_lbl2" xml:lang="en-US" id="bap_GovernmentTreasuryBondsMember_lbl2">Government Treasury Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsMember" xlink:to="bap_GovernmentTreasuryBondsMember_lbl2" xlink:title="label: GovernmentTreasuryBondsMember to bap_GovernmentTreasuryBondsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnitedStatesOfAmericaGovernmentBondsMember" xlink:label="UnitedStatesOfAmericaGovernmentBondsMember" xlink:title="UnitedStatesOfAmericaGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl">This member stands for United States of America government bonds under government treasury bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaGovernmentBondsMember" xlink:to="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl" xlink:title="label: UnitedStatesOfAmericaGovernmentBondsMember to bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl1">United States of America Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaGovernmentBondsMember" xlink:to="bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl1" xlink:title="label: UnitedStatesOfAmericaGovernmentBondsMember to bap_UnitedStatesOfAmericaGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnitedStatesOfAmericaGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnitedStatesOfAmericaGovernmentBondsMember" xml:lang="en-US" id="bap_UnitedStatesOfAmericaGovernmentBondsMember">United States of America Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnitedStatesOfAmericaGovernmentBondsMember" xlink:to="bap_UnitedStatesOfAmericaGovernmentBondsMember" xlink:title="label: UnitedStatesOfAmericaGovernmentBondsMember to bap_UnitedStatesOfAmericaGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CertificatesOfDepositBcrpMember" xlink:label="CertificatesOfDepositBcrpMember" xlink:title="CertificatesOfDepositBcrpMember" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDepositBcrpMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CertificatesOfDepositBcrpMember_lbl" xml:lang="en-US" id="bap_CertificatesOfDepositBcrpMember_lbl">This member stands for certificates of deposit bcrp.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositBcrpMember" xlink:to="bap_CertificatesOfDepositBcrpMember_lbl" xlink:title="label: CertificatesOfDepositBcrpMember to bap_CertificatesOfDepositBcrpMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDepositBcrpMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CertificatesOfDepositBcrpMember_lbl1" xml:lang="en-US" id="bap_CertificatesOfDepositBcrpMember_lbl1">Certificates of deposit bcrp [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositBcrpMember" xlink:to="bap_CertificatesOfDepositBcrpMember_lbl1" xlink:title="label: CertificatesOfDepositBcrpMember to bap_CertificatesOfDepositBcrpMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDepositBcrpMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CertificatesOfDepositBcrpMember" xml:lang="en-US" id="bap_CertificatesOfDepositBcrpMember">Certificates of Deposit BCRP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositBcrpMember" xlink:to="bap_CertificatesOfDepositBcrpMember" xlink:title="label: CertificatesOfDepositBcrpMember to bap_CertificatesOfDepositBcrpMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationInMutualFundsMember" xlink:label="ParticipationInMutualFundsMember" xlink:title="ParticipationInMutualFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInMutualFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationInMutualFundsMember_lbl" xml:lang="en-US" id="bap_ParticipationInMutualFundsMember_lbl">This member stands for mutual funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInMutualFundsMember" xlink:to="bap_ParticipationInMutualFundsMember_lbl" xlink:title="label: ParticipationInMutualFundsMember to bap_ParticipationInMutualFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInMutualFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationInMutualFundsMember_lbl1" xml:lang="en-US" id="bap_ParticipationInMutualFundsMember_lbl1">Participation in mutual funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInMutualFundsMember" xlink:to="bap_ParticipationInMutualFundsMember_lbl1" xlink:title="label: ParticipationInMutualFundsMember to bap_ParticipationInMutualFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInMutualFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationInMutualFundsMember" xml:lang="en-US" id="bap_ParticipationInMutualFundsMember">Mutual Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInMutualFundsMember" xlink:to="bap_ParticipationInMutualFundsMember" xlink:title="label: ParticipationInMutualFundsMember to bap_ParticipationInMutualFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondsFromFinancialOrganizationsMember" xlink:label="BondsFromFinancialOrganizationsMember" xlink:title="BondsFromFinancialOrganizationsMember" />
    <link:label xlink:type="resource" xlink:label="bap_BondsFromFinancialOrganizationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BondsFromFinancialOrganizationsMember_lbl" xml:lang="en-US" id="bap_BondsFromFinancialOrganizationsMember_lbl">This member stands for bonds from financial organizations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsFromFinancialOrganizationsMember" xlink:to="bap_BondsFromFinancialOrganizationsMember_lbl" xlink:title="label: BondsFromFinancialOrganizationsMember to bap_BondsFromFinancialOrganizationsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BondsFromFinancialOrganizationsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondsFromFinancialOrganizationsMember_lbl1" xml:lang="en-US" id="bap_BondsFromFinancialOrganizationsMember_lbl1">Bonds from financial organizations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsFromFinancialOrganizationsMember" xlink:to="bap_BondsFromFinancialOrganizationsMember_lbl1" xlink:title="label: BondsFromFinancialOrganizationsMember to bap_BondsFromFinancialOrganizationsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondsFromFinancialOrganizationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondsFromFinancialOrganizationsMember" xml:lang="en-US" id="bap_BondsFromFinancialOrganizationsMember">Bonds from Financial Organizations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsFromFinancialOrganizationsMember" xlink:to="bap_BondsFromFinancialOrganizationsMember" xlink:title="label: BondsFromFinancialOrganizationsMember to bap_BondsFromFinancialOrganizationsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SharesMember" xlink:label="SharesMember" xlink:title="SharesMember" />
    <link:label xlink:type="resource" xlink:label="bap_SharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SharesMember_lbl" xml:lang="en-US" id="bap_SharesMember_lbl">This member stands for shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesMember" xlink:to="bap_SharesMember_lbl" xlink:title="label: SharesMember to bap_SharesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SharesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SharesMember_lbl1" xml:lang="en-US" id="bap_SharesMember_lbl1">Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesMember" xlink:to="bap_SharesMember_lbl1" xlink:title="label: SharesMember to bap_SharesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SharesMember" xml:lang="en-US" id="bap_SharesMember">Shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SharesMember" xlink:to="bap_SharesMember" xlink:title="label: SharesMember to bap_SharesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PeruvianGovernmentBondsMember" xlink:label="PeruvianGovernmentBondsMember" xlink:title="PeruvianGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PeruvianGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_PeruvianGovernmentBondsMember_lbl">This member stands for Peruvian government bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianGovernmentBondsMember" xlink:to="bap_PeruvianGovernmentBondsMember_lbl" xlink:title="label: PeruvianGovernmentBondsMember to bap_PeruvianGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PeruvianGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_PeruvianGovernmentBondsMember_lbl1">Peruvian government bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianGovernmentBondsMember" xlink:to="bap_PeruvianGovernmentBondsMember_lbl1" xlink:title="label: PeruvianGovernmentBondsMember to bap_PeruvianGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PeruvianGovernmentBondsMember" xml:lang="en-US" id="bap_PeruvianGovernmentBondsMember">Peruvian Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianGovernmentBondsMember" xlink:to="bap_PeruvianGovernmentBondsMember" xlink:title="label: PeruvianGovernmentBondsMember to bap_PeruvianGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporateBondsMember" xlink:label="CorporateBondsMember" xlink:title="CorporateBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporateBondsMember_lbl" xml:lang="en-US" id="bap_CorporateBondsMember_lbl">This member stands for corporate bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsMember" xlink:to="bap_CorporateBondsMember_lbl" xlink:title="label: CorporateBondsMember to bap_CorporateBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporateBondsMember_lbl1" xml:lang="en-US" id="bap_CorporateBondsMember_lbl1">Corporate bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsMember" xlink:to="bap_CorporateBondsMember_lbl1" xlink:title="label: CorporateBondsMember to bap_CorporateBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporateBondsMember" xml:lang="en-US" id="bap_CorporateBondsMember">Corporate Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsMember" xlink:to="bap_CorporateBondsMember" xlink:title="label: CorporateBondsMember to bap_CorporateBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChileanGovernmentBondsMember" xlink:label="ChileanGovernmentBondsMember" xlink:title="ChileanGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChileanGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_ChileanGovernmentBondsMember_lbl">This member stands for Chilean government bonds under government treasury bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanGovernmentBondsMember" xlink:to="bap_ChileanGovernmentBondsMember_lbl" xlink:title="label: ChileanGovernmentBondsMember to bap_ChileanGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChileanGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_ChileanGovernmentBondsMember_lbl1">Chilean Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanGovernmentBondsMember" xlink:to="bap_ChileanGovernmentBondsMember_lbl1" xlink:title="label: ChileanGovernmentBondsMember to bap_ChileanGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChileanGovernmentBondsMember" xml:lang="en-US" id="bap_ChileanGovernmentBondsMember">Chilean Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanGovernmentBondsMember" xlink:to="bap_ChileanGovernmentBondsMember" xlink:title="label: ChileanGovernmentBondsMember to bap_ChileanGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ColombianGovernmentBondsMember" xlink:label="ColombianGovernmentBondsMember" xlink:title="ColombianGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ColombianGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_ColombianGovernmentBondsMember_lbl">This member stands for Colombian government bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianGovernmentBondsMember" xlink:to="bap_ColombianGovernmentBondsMember_lbl" xlink:title="label: ColombianGovernmentBondsMember to bap_ColombianGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ColombianGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_ColombianGovernmentBondsMember_lbl1">Colombian Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianGovernmentBondsMember" xlink:to="bap_ColombianGovernmentBondsMember_lbl1" xlink:title="label: ColombianGovernmentBondsMember to bap_ColombianGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ColombianGovernmentBondsMember" xml:lang="en-US" id="bap_ColombianGovernmentBondsMember">Colombian Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianGovernmentBondsMember" xlink:to="bap_ColombianGovernmentBondsMember" xlink:title="label: ColombianGovernmentBondsMember to bap_ColombianGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OthersMember" xlink:label="OthersMember" xlink:title="OthersMember" />
    <link:label xlink:type="resource" xlink:label="bap_OthersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OthersMember_lbl" xml:lang="en-US" id="bap_OthersMember_lbl">This member stands for others.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersMember" xlink:to="bap_OthersMember_lbl" xlink:title="label: OthersMember to bap_OthersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OthersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OthersMember_lbl1" xml:lang="en-US" id="bap_OthersMember_lbl1">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersMember" xlink:to="bap_OthersMember_lbl1" xlink:title="label: OthersMember to bap_OthersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OthersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OthersMember" xml:lang="en-US" id="bap_OthersMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersMember" xlink:to="bap_OthersMember" xlink:title="label: OthersMember to bap_OthersMember" />
    <link:label xlink:type="resource" xlink:label="bap_OthersMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OthersMember_lbl2" xml:lang="en-US" id="bap_OthersMember_lbl2">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersMember" xlink:to="bap_OthersMember_lbl2" xlink:title="label: OthersMember to bap_OthersMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RestrictedMutualFundsMember" xlink:label="RestrictedMutualFundsMember" xlink:title="RestrictedMutualFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RestrictedMutualFundsMember_lbl" xml:lang="en-US" id="bap_RestrictedMutualFundsMember_lbl">This member stands for restricted mutual funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsMember" xlink:to="bap_RestrictedMutualFundsMember_lbl" xlink:title="label: RestrictedMutualFundsMember to bap_RestrictedMutualFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RestrictedMutualFundsMember_lbl1" xml:lang="en-US" id="bap_RestrictedMutualFundsMember_lbl1">Restricted mutual funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsMember" xlink:to="bap_RestrictedMutualFundsMember_lbl1" xlink:title="label: RestrictedMutualFundsMember to bap_RestrictedMutualFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_RestrictedMutualFundsMember" xml:lang="en-US" id="bap_RestrictedMutualFundsMember">Restricted Mutual Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsMember" xlink:to="bap_RestrictedMutualFundsMember" xlink:title="label: RestrictedMutualFundsMember to bap_RestrictedMutualFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SwissGovernmentBondsMember" xlink:label="SwissGovernmentBondsMember" xlink:title="SwissGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_SwissGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SwissGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_SwissGovernmentBondsMember_lbl">This member stands for Swiss government bonds under government treasury bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwissGovernmentBondsMember" xlink:to="bap_SwissGovernmentBondsMember_lbl" xlink:title="label: SwissGovernmentBondsMember to bap_SwissGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SwissGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SwissGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_SwissGovernmentBondsMember_lbl1">Swiss government bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwissGovernmentBondsMember" xlink:to="bap_SwissGovernmentBondsMember_lbl1" xlink:title="label: SwissGovernmentBondsMember to bap_SwissGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SwissGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SwissGovernmentBondsMember" xml:lang="en-US" id="bap_SwissGovernmentBondsMember">Swiss Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwissGovernmentBondsMember" xlink:to="bap_SwissGovernmentBondsMember" xlink:title="label: SwissGovernmentBondsMember to bap_SwissGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CentralBankOfChileBondsMember" xlink:label="CentralBankOfChileBondsMember" xlink:title="CentralBankOfChileBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfChileBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CentralBankOfChileBondsMember_lbl" xml:lang="en-US" id="bap_CentralBankOfChileBondsMember_lbl">This member stands for central bank of chile bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfChileBondsMember" xlink:to="bap_CentralBankOfChileBondsMember_lbl" xlink:title="label: CentralBankOfChileBondsMember to bap_CentralBankOfChileBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfChileBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CentralBankOfChileBondsMember_lbl1" xml:lang="en-US" id="bap_CentralBankOfChileBondsMember_lbl1">Central bank of chile bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfChileBondsMember" xlink:to="bap_CentralBankOfChileBondsMember_lbl1" xlink:title="label: CentralBankOfChileBondsMember to bap_CentralBankOfChileBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfChileBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CentralBankOfChileBondsMember" xml:lang="en-US" id="bap_CentralBankOfChileBondsMember">Central Bank of Chile Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfChileBondsMember" xlink:to="bap_CentralBankOfChileBondsMember" xlink:title="label: CentralBankOfChileBondsMember to bap_CentralBankOfChileBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestAccruedOnInvestmentsMember" xlink:label="InterestAccruedOnInvestmentsMember" xlink:title="InterestAccruedOnInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_InterestAccruedOnInvestmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestAccruedOnInvestmentsMember_lbl" xml:lang="en-US" id="bap_InterestAccruedOnInvestmentsMember_lbl">This member stands for accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestAccruedOnInvestmentsMember" xlink:to="bap_InterestAccruedOnInvestmentsMember_lbl" xlink:title="label: InterestAccruedOnInvestmentsMember to bap_InterestAccruedOnInvestmentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestAccruedOnInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestAccruedOnInvestmentsMember_lbl1" xml:lang="en-US" id="bap_InterestAccruedOnInvestmentsMember_lbl1">Interest accrued on investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestAccruedOnInvestmentsMember" xlink:to="bap_InterestAccruedOnInvestmentsMember_lbl1" xlink:title="label: InterestAccruedOnInvestmentsMember to bap_InterestAccruedOnInvestmentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestAccruedOnInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestAccruedOnInvestmentsMember" xml:lang="en-US" id="bap_InterestAccruedOnInvestmentsMember">Accrued Interest [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestAccruedOnInvestmentsMember" xlink:to="bap_InterestAccruedOnInvestmentsMember" xlink:title="label: InterestAccruedOnInvestmentsMember to bap_InterestAccruedOnInvestmentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DueToBanksAndCorrespondentsAbstract" xlink:label="DueToBanksAndCorrespondentsAbstract" xlink:title="DueToBanksAndCorrespondentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DueToBanksAndCorrespondentsAbstract_lbl1" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsAbstract_lbl1">DUE TO BANKS AND CORRESPONDENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsAbstract" xlink:to="bap_DueToBanksAndCorrespondentsAbstract_lbl1" xlink:title="label: DueToBanksAndCorrespondentsAbstract to bap_DueToBanksAndCorrespondentsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:label="DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:title="DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl">The entire disclosure of information due to banks and correspondents.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:to="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl" xlink:title="label: DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock to bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl1">Disclosure of due to banks and correspondents explanatory [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:to="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl1" xlink:title="label: DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock to bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xml:lang="en-US" id="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock">DUE TO BANKS AND CORRESPONDENTS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:to="bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" xlink:title="label: DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock to bap_DisclosureOfDueToBanksAndCorrespondentsExplanatoryTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CertificatesOfDepositsBcrpAbstract" xlink:label="CertificatesOfDepositsBcrpAbstract" xlink:title="CertificatesOfDepositsBcrpAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDepositsBcrpAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CertificatesOfDepositsBcrpAbstract_lbl1" xml:lang="en-US" id="bap_CertificatesOfDepositsBcrpAbstract_lbl1">Certificates of deposits bcrp [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositsBcrpAbstract" xlink:to="bap_CertificatesOfDepositsBcrpAbstract_lbl1" xlink:title="label: CertificatesOfDepositsBcrpAbstract to bap_CertificatesOfDepositsBcrpAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDepositsBcrpAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CertificatesOfDepositsBcrpAbstract" xml:lang="en-US" id="bap_CertificatesOfDepositsBcrpAbstract">Certificates of Deposit BCRP [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDepositsBcrpAbstract" xlink:to="bap_CertificatesOfDepositsBcrpAbstract" xlink:title="label: CertificatesOfDepositsBcrpAbstract to bap_CertificatesOfDepositsBcrpAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfCertificatesOfDeosits" xlink:label="NumberOfCertificatesOfDeosits" xlink:title="NumberOfCertificatesOfDeosits" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfCertificatesOfDeosits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfCertificatesOfDeosits_lbl" xml:lang="en-US" id="bap_NumberOfCertificatesOfDeosits_lbl">The number of certificates of deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCertificatesOfDeosits" xlink:to="bap_NumberOfCertificatesOfDeosits_lbl" xlink:title="label: NumberOfCertificatesOfDeosits to bap_NumberOfCertificatesOfDeosits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfCertificatesOfDeosits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfCertificatesOfDeosits_lbl1" xml:lang="en-US" id="bap_NumberOfCertificatesOfDeosits_lbl1">Number of Certificates of Deosits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCertificatesOfDeosits" xlink:to="bap_NumberOfCertificatesOfDeosits_lbl1" xlink:title="label: NumberOfCertificatesOfDeosits to bap_NumberOfCertificatesOfDeosits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfCertificatesOfDeosits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfCertificatesOfDeosits" xml:lang="en-US" id="bap_NumberOfCertificatesOfDeosits">Number of certificates of deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfCertificatesOfDeosits" xlink:to="bap_NumberOfCertificatesOfDeosits" xlink:title="label: NumberOfCertificatesOfDeosits to bap_NumberOfCertificatesOfDeosits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl">The tabular disclosure detailed information of balances of due to banks and correspondence by maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl1">Schedule of detailed information of balances of due to banks and correspondents by maturity [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock">Balances of Due to Banks and Correspondents by Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfDueToBanksAndCorrespondentsByMaturityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl">The tabular disclosure of detailed information of deposit balances from bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl1">Schedule of detailed information of deposits from banks [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock">Deposits from banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsFromBanksTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl">The tabular disclosure of detailed information of international funds and others entities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock to bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl1">Schedule of detailed information of international funds and others entities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock to bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock">International Funds and Others Entities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock to bap_ScheduleOfDetailedInformationOfInternationalFundsAndOthersEntitiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable" xlink:label="DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable" xlink:title="DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl">Schedule disclosing information related to details of promotional credit lines</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable to bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl1">Disclosure of detailed information about promotional credit lines [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable to bap_DisclosureOfDetailedInformationAboutPromotionalCreditLinesTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutLineItems" xlink:label="DisclosureOfDetailedInformationAboutLineItems" xlink:title="DisclosureOfDetailedInformationAboutLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutLineItems to bap_DisclosureOfDetailedInformationAboutLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutLineItems_lbl1">Disclosure of detailed information about promotional credit lines [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutLineItems to bap_DisclosureOfDetailedInformationAboutLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ForeignCurrencyMember" xlink:label="ForeignCurrencyMember" xlink:title="ForeignCurrencyMember" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ForeignCurrencyMember_lbl" xml:lang="en-US" id="bap_ForeignCurrencyMember_lbl">This member stands for foreign currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyMember" xlink:to="bap_ForeignCurrencyMember_lbl" xlink:title="label: ForeignCurrencyMember to bap_ForeignCurrencyMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ForeignCurrencyMember_lbl1" xml:lang="en-US" id="bap_ForeignCurrencyMember_lbl1">Foreign Currency [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyMember" xlink:to="bap_ForeignCurrencyMember_lbl1" xlink:title="label: ForeignCurrencyMember to bap_ForeignCurrencyMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ForeignCurrencyMember" xml:lang="en-US" id="bap_ForeignCurrencyMember">Foreign Currency [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyMember" xlink:to="bap_ForeignCurrencyMember" xlink:title="label: ForeignCurrencyMember to bap_ForeignCurrencyMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BolivianosMember" xlink:label="BolivianosMember" xlink:title="BolivianosMember" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BolivianosMember_lbl" xml:lang="en-US" id="bap_BolivianosMember_lbl">This member stands for bolivianos.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianosMember" xlink:to="bap_BolivianosMember_lbl" xlink:title="label: BolivianosMember to bap_BolivianosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BolivianosMember_lbl1" xml:lang="en-US" id="bap_BolivianosMember_lbl1">Bolivianos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianosMember" xlink:to="bap_BolivianosMember_lbl1" xlink:title="label: BolivianosMember to bap_BolivianosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BolivianosMember" xml:lang="en-US" id="bap_BolivianosMember">Bolivianos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianosMember" xlink:to="bap_BolivianosMember" xlink:title="label: BolivianosMember to bap_BolivianosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember" xlink:label="CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember" xlink:title="CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl" xml:lang="en-US" id="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl">This member stands for Corporacion Financiera de Desarrollo and Fondo de Cooperacion para el Desarrollo Social</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember" xlink:to="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl" xlink:title="label: CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember to bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl1" xml:lang="en-US" id="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl1">Corporacion Financiera de Desarrollo and Fondo de Cooperacion para el Desarrollo Social [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember" xlink:to="bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl1" xlink:title="label: CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember to bap_CorporacinFinancieraDeDesarrolloAndFondoDeCooperacinParaElDesarrolloSocialMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ColombianPesosMember" xlink:label="ColombianPesosMember" xlink:title="ColombianPesosMember" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianPesosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ColombianPesosMember_lbl" xml:lang="en-US" id="bap_ColombianPesosMember_lbl">This member stands for Colombian Pesos.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianPesosMember" xlink:to="bap_ColombianPesosMember_lbl" xlink:title="label: ColombianPesosMember to bap_ColombianPesosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianPesosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ColombianPesosMember_lbl1" xml:lang="en-US" id="bap_ColombianPesosMember_lbl1">Colombian Pesos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianPesosMember" xlink:to="bap_ColombianPesosMember_lbl1" xlink:title="label: ColombianPesosMember to bap_ColombianPesosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ColombianPesosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ColombianPesosMember" xml:lang="en-US" id="bap_ColombianPesosMember">Colombian Pesos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombianPesosMember" xlink:to="bap_ColombianPesosMember" xlink:title="label: ColombianPesosMember to bap_ColombianPesosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PromotionalCreditLines" xlink:label="PromotionalCreditLines" xlink:title="PromotionalCreditLines" />
    <link:label xlink:type="resource" xlink:label="bap_PromotionalCreditLines_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PromotionalCreditLines_lbl" xml:lang="en-US" id="bap_PromotionalCreditLines_lbl">The amount of outstanding funds that the entity is obligated to repay towards promotional credit lines.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromotionalCreditLines" xlink:to="bap_PromotionalCreditLines_lbl" xlink:title="label: PromotionalCreditLines to bap_PromotionalCreditLines_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PromotionalCreditLines_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PromotionalCreditLines_lbl1" xml:lang="en-US" id="bap_PromotionalCreditLines_lbl1">Promotional credit lines</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromotionalCreditLines" xlink:to="bap_PromotionalCreditLines_lbl1" xlink:title="label: PromotionalCreditLines to bap_PromotionalCreditLines_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PromotionalCreditLines" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PromotionalCreditLines" xml:lang="en-US" id="bap_PromotionalCreditLines">COFIDE and FONCODES credit line</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PromotionalCreditLines" xlink:to="bap_PromotionalCreditLines" xlink:title="label: PromotionalCreditLines to bap_PromotionalCreditLines" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PeruvianSolMember" xlink:label="PeruvianSolMember" xlink:title="PeruvianSolMember" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianSolMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PeruvianSolMember_lbl" xml:lang="en-US" id="bap_PeruvianSolMember_lbl">This member stands for currency of Peruvian Sol.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianSolMember" xlink:to="bap_PeruvianSolMember_lbl" xlink:title="label: PeruvianSolMember to bap_PeruvianSolMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianSolMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PeruvianSolMember_lbl1" xml:lang="en-US" id="bap_PeruvianSolMember_lbl1">Peruvian sol [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianSolMember" xlink:to="bap_PeruvianSolMember_lbl1" xlink:title="label: PeruvianSolMember to bap_PeruvianSolMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PeruvianSolMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PeruvianSolMember" xml:lang="en-US" id="bap_PeruvianSolMember">Soles Currency [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruvianSolMember" xlink:to="bap_PeruvianSolMember" xlink:title="label: PeruvianSolMember to bap_PeruvianSolMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable" xlink:label="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable" xlink:title="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl">Schedule disclosing information related to details of international funds and others.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable" xlink:to="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable to bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl1">Disclosure of detailed information about international funds and others [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable" xlink:to="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable to bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems" xlink:label="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems" xlink:title="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems to bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl1">Disclosure of detailed information about international funds and others [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems to bap_DisclosureOfDetailedInformationAboutInternationalFundsAndOthersLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StandardCharteredBankHongKongLTDMember" xlink:label="StandardCharteredBankHongKongLTDMember" xlink:title="StandardCharteredBankHongKongLTDMember" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredBankHongKongLTDMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StandardCharteredBankHongKongLTDMember_lbl" xml:lang="en-US" id="bap_StandardCharteredBankHongKongLTDMember_lbl">This member stands for Standard Chartered Bank Hong Kong LTD.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredBankHongKongLTDMember" xlink:to="bap_StandardCharteredBankHongKongLTDMember_lbl" xlink:title="label: StandardCharteredBankHongKongLTDMember to bap_StandardCharteredBankHongKongLTDMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredBankHongKongLTDMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StandardCharteredBankHongKongLTDMember_lbl1" xml:lang="en-US" id="bap_StandardCharteredBankHongKongLTDMember_lbl1">Standard Chartered Bank Hong Kong LTD [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredBankHongKongLTDMember" xlink:to="bap_StandardCharteredBankHongKongLTDMember_lbl1" xlink:title="label: StandardCharteredBankHongKongLTDMember to bap_StandardCharteredBankHongKongLTDMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredBankHongKongLTDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StandardCharteredBankHongKongLTDMember" xml:lang="en-US" id="bap_StandardCharteredBankHongKongLTDMember">Standard Chartered Bank Hong Kong LTD [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredBankHongKongLTDMember" xlink:to="bap_StandardCharteredBankHongKongLTDMember" xlink:title="label: StandardCharteredBankHongKongLTDMember to bap_StandardCharteredBankHongKongLTDMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ClubDealLoanMember" xlink:label="ClubDealLoanMember" xlink:title="ClubDealLoanMember" />
    <link:label xlink:type="resource" xlink:label="bap_ClubDealLoanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ClubDealLoanMember_lbl" xml:lang="en-US" id="bap_ClubDealLoanMember_lbl">The member stands for Club Deal loan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClubDealLoanMember" xlink:to="bap_ClubDealLoanMember_lbl" xlink:title="label: ClubDealLoanMember to bap_ClubDealLoanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ClubDealLoanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ClubDealLoanMember_lbl1" xml:lang="en-US" id="bap_ClubDealLoanMember_lbl1">Club Deal Loan [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClubDealLoanMember" xlink:to="bap_ClubDealLoanMember_lbl1" xlink:title="label: ClubDealLoanMember to bap_ClubDealLoanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ClubDealLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ClubDealLoanMember" xml:lang="en-US" id="bap_ClubDealLoanMember">Club Deal Loan [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClubDealLoanMember" xlink:to="bap_ClubDealLoanMember" xlink:title="label: ClubDealLoanMember to bap_ClubDealLoanMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CitibankNAMember" xlink:label="CitibankNAMember" xlink:title="CitibankNAMember" />
    <link:label xlink:type="resource" xlink:label="bap_CitibankNAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CitibankNAMember_lbl" xml:lang="en-US" id="bap_CitibankNAMember_lbl">This member stands for Citibank N.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitibankNAMember" xlink:to="bap_CitibankNAMember_lbl" xlink:title="label: CitibankNAMember to bap_CitibankNAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CitibankNAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CitibankNAMember_lbl1" xml:lang="en-US" id="bap_CitibankNAMember_lbl1">Citibank N.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitibankNAMember" xlink:to="bap_CitibankNAMember_lbl1" xlink:title="label: CitibankNAMember to bap_CitibankNAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CitibankNAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CitibankNAMember" xml:lang="en-US" id="bap_CitibankNAMember">Citibank N.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitibankNAMember" xlink:to="bap_CitibankNAMember" xlink:title="label: CitibankNAMember to bap_CitibankNAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:label="WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:title="WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl" xml:lang="en-US" id="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl">This member stands for Wells Fargo - Administrative Agent, Standard Chartered, JP Morgan Chase, HSBC Bank and Bank of America.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:to="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl" xlink:title="label: WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember to bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl1" xml:lang="en-US" id="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl1">Wells Fargo, Standard Chartered, JP Morgan Chase, HSBC Bank and Bank of America [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:to="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl1" xlink:title="label: WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember to bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xml:lang="en-US" id="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember">Wells Fargo Bank NY-Agent Administrative, Standard Chartered Bank, JP Morgan Chase Bank N.A., HSBC Bank and Bank of America [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:to="bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" xlink:title="label: WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember to bap_WellsFargoStandardCharteredJPMorganChaseHSBCBankAndBankOfAmericaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoBBVAPeruMember" xlink:label="BancoBBVAPeruMember" xlink:title="BancoBBVAPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBBVAPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoBBVAPeruMember_lbl" xml:lang="en-US" id="bap_BancoBBVAPeruMember_lbl">This member stands for Banco BBVA Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBBVAPeruMember" xlink:to="bap_BancoBBVAPeruMember_lbl" xlink:title="label: BancoBBVAPeruMember to bap_BancoBBVAPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBBVAPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoBBVAPeruMember_lbl1" xml:lang="en-US" id="bap_BancoBBVAPeruMember_lbl1">Banco BBVA Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBBVAPeruMember" xlink:to="bap_BancoBBVAPeruMember_lbl1" xlink:title="label: BancoBBVAPeruMember to bap_BancoBBVAPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBBVAPeruMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoBBVAPeruMember" xml:lang="en-US" id="bap_BancoBBVAPeruMember">Banco BBVA Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBBVAPeruMember" xlink:to="bap_BancoBBVAPeruMember" xlink:title="label: BancoBBVAPeruMember to bap_BancoBBVAPeruMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WellsFargoBankNYMember" xlink:label="WellsFargoBankNYMember" xlink:title="WellsFargoBankNYMember" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoBankNYMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WellsFargoBankNYMember_lbl" xml:lang="en-US" id="bap_WellsFargoBankNYMember_lbl">This member stands for Wells Fargo Bank NY.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoBankNYMember" xlink:to="bap_WellsFargoBankNYMember_lbl" xlink:title="label: WellsFargoBankNYMember to bap_WellsFargoBankNYMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoBankNYMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WellsFargoBankNYMember_lbl1" xml:lang="en-US" id="bap_WellsFargoBankNYMember_lbl1">Wells Fargo Bank NY [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoBankNYMember" xlink:to="bap_WellsFargoBankNYMember_lbl1" xlink:title="label: WellsFargoBankNYMember to bap_WellsFargoBankNYMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WellsFargoBankNYMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WellsFargoBankNYMember" xml:lang="en-US" id="bap_WellsFargoBankNYMember">Wells Fargo Bank N.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WellsFargoBankNYMember" xlink:to="bap_WellsFargoBankNYMember" xlink:title="label: WellsFargoBankNYMember to bap_WellsFargoBankNYMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BankOfNewYorkMellonMember" xlink:label="BankOfNewYorkMellonMember" xlink:title="BankOfNewYorkMellonMember" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfNewYorkMellonMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BankOfNewYorkMellonMember_lbl" xml:lang="en-US" id="bap_BankOfNewYorkMellonMember_lbl">This member stands for the Bank Of New York Mellon providing funds to the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfNewYorkMellonMember" xlink:to="bap_BankOfNewYorkMellonMember_lbl" xlink:title="label: BankOfNewYorkMellonMember to bap_BankOfNewYorkMellonMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfNewYorkMellonMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BankOfNewYorkMellonMember_lbl1" xml:lang="en-US" id="bap_BankOfNewYorkMellonMember_lbl1">Bank Of New York Mellon [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfNewYorkMellonMember" xlink:to="bap_BankOfNewYorkMellonMember_lbl1" xlink:title="label: BankOfNewYorkMellonMember to bap_BankOfNewYorkMellonMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfNewYorkMellonMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BankOfNewYorkMellonMember" xml:lang="en-US" id="bap_BankOfNewYorkMellonMember">Bank of New York Mellon [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfNewYorkMellonMember" xlink:to="bap_BankOfNewYorkMellonMember" xlink:title="label: BankOfNewYorkMellonMember to bap_BankOfNewYorkMellonMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeOccidenteMember" xlink:label="BancoDeOccidenteMember" xlink:title="BancoDeOccidenteMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeOccidenteMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeOccidenteMember_lbl" xml:lang="en-US" id="bap_BancoDeOccidenteMember_lbl">This member stands for Banco de Occidente.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeOccidenteMember" xlink:to="bap_BancoDeOccidenteMember_lbl" xlink:title="label: BancoDeOccidenteMember to bap_BancoDeOccidenteMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeOccidenteMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeOccidenteMember_lbl1" xml:lang="en-US" id="bap_BancoDeOccidenteMember_lbl1">Banco de Occidente [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeOccidenteMember" xlink:to="bap_BancoDeOccidenteMember_lbl1" xlink:title="label: BancoDeOccidenteMember to bap_BancoDeOccidenteMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeOccidenteMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeOccidenteMember" xml:lang="en-US" id="bap_BancoDeOccidenteMember">Banco de Occidente [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeOccidenteMember" xlink:to="bap_BancoDeOccidenteMember" xlink:title="label: BancoDeOccidenteMember to bap_BancoDeOccidenteMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoInternacionalDelPerSAAInterbankMember" xlink:label="BancoInternacionalDelPerSAAInterbankMember" xlink:title="BancoInternacionalDelPerSAAInterbankMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoInternacionalDelPerSAAInterbankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoInternacionalDelPerSAAInterbankMember_lbl" xml:lang="en-US" id="bap_BancoInternacionalDelPerSAAInterbankMember_lbl">This member stands for Banco Internacional del Peru S.A.A. (Interbank).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoInternacionalDelPerSAAInterbankMember" xlink:to="bap_BancoInternacionalDelPerSAAInterbankMember_lbl" xlink:title="label: BancoInternacionalDelPerSAAInterbankMember to bap_BancoInternacionalDelPerSAAInterbankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoInternacionalDelPerSAAInterbankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoInternacionalDelPerSAAInterbankMember_lbl1" xml:lang="en-US" id="bap_BancoInternacionalDelPerSAAInterbankMember_lbl1">Banco Internacional del Peru S.A.A. (Interbank) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoInternacionalDelPerSAAInterbankMember" xlink:to="bap_BancoInternacionalDelPerSAAInterbankMember_lbl1" xlink:title="label: BancoInternacionalDelPerSAAInterbankMember to bap_BancoInternacionalDelPerSAAInterbankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoInternacionalDelPerSAAInterbankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoInternacionalDelPerSAAInterbankMember" xml:lang="en-US" id="bap_BancoInternacionalDelPerSAAInterbankMember">Banco Internacional del Peru S.A.A. (Interbank) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoInternacionalDelPerSAAInterbankMember" xlink:to="bap_BancoInternacionalDelPerSAAInterbankMember" xlink:title="label: BancoInternacionalDelPerSAAInterbankMember to bap_BancoInternacionalDelPerSAAInterbankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StandardCharteredbankMember" xlink:label="StandardCharteredbankMember" xlink:title="StandardCharteredbankMember" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredbankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StandardCharteredbankMember_lbl" xml:lang="en-US" id="bap_StandardCharteredbankMember_lbl">This member stands for Standard Chartered Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredbankMember" xlink:to="bap_StandardCharteredbankMember_lbl" xlink:title="label: StandardCharteredbankMember to bap_StandardCharteredbankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredbankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StandardCharteredbankMember_lbl1" xml:lang="en-US" id="bap_StandardCharteredbankMember_lbl1">Standard Chartered Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredbankMember" xlink:to="bap_StandardCharteredbankMember_lbl1" xlink:title="label: StandardCharteredbankMember to bap_StandardCharteredbankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StandardCharteredbankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StandardCharteredbankMember" xml:lang="en-US" id="bap_StandardCharteredbankMember">Standard Chartered Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StandardCharteredbankMember" xlink:to="bap_StandardCharteredbankMember" xlink:title="label: StandardCharteredbankMember to bap_StandardCharteredbankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeLaNacionMember" xlink:label="BancoDeLaNacionMember" xlink:title="BancoDeLaNacionMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaNacionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeLaNacionMember_lbl" xml:lang="en-US" id="bap_BancoDeLaNacionMember_lbl">This member stands for Banco De La Nacion.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaNacionMember" xlink:to="bap_BancoDeLaNacionMember_lbl" xlink:title="label: BancoDeLaNacionMember to bap_BancoDeLaNacionMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaNacionMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeLaNacionMember_lbl1" xml:lang="en-US" id="bap_BancoDeLaNacionMember_lbl1">Banco De La Nacion [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaNacionMember" xlink:to="bap_BancoDeLaNacionMember_lbl1" xlink:title="label: BancoDeLaNacionMember to bap_BancoDeLaNacionMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaNacionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeLaNacionMember" xml:lang="en-US" id="bap_BancoDeLaNacionMember">Banco De La Nacion [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaNacionMember" xlink:to="bap_BancoDeLaNacionMember" xlink:title="label: BancoDeLaNacionMember to bap_BancoDeLaNacionMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CaixabankMember" xlink:label="CaixabankMember" xlink:title="CaixabankMember" />
    <link:label xlink:type="resource" xlink:label="bap_CaixabankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CaixabankMember_lbl" xml:lang="en-US" id="bap_CaixabankMember_lbl">This member stands for Caixabank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaixabankMember" xlink:to="bap_CaixabankMember_lbl" xlink:title="label: CaixabankMember to bap_CaixabankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CaixabankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CaixabankMember_lbl1" xml:lang="en-US" id="bap_CaixabankMember_lbl1">Caixabank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaixabankMember" xlink:to="bap_CaixabankMember_lbl1" xlink:title="label: CaixabankMember to bap_CaixabankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CaixabankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CaixabankMember" xml:lang="en-US" id="bap_CaixabankMember">Caixabank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CaixabankMember" xlink:to="bap_CaixabankMember" xlink:title="label: CaixabankMember to bap_CaixabankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InternationalFinanceCorporationMember" xlink:label="InternationalFinanceCorporationMember" xlink:title="InternationalFinanceCorporationMember" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFinanceCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InternationalFinanceCorporationMember_lbl" xml:lang="en-US" id="bap_InternationalFinanceCorporationMember_lbl">This member stands for International Finance Corporation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFinanceCorporationMember" xlink:to="bap_InternationalFinanceCorporationMember_lbl" xlink:title="label: InternationalFinanceCorporationMember to bap_InternationalFinanceCorporationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFinanceCorporationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InternationalFinanceCorporationMember_lbl1" xml:lang="en-US" id="bap_InternationalFinanceCorporationMember_lbl1">International Finance Corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFinanceCorporationMember" xlink:to="bap_InternationalFinanceCorporationMember_lbl1" xlink:title="label: InternationalFinanceCorporationMember to bap_InternationalFinanceCorporationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFinanceCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InternationalFinanceCorporationMember" xml:lang="en-US" id="bap_InternationalFinanceCorporationMember">International Finance Corporation (IFC) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFinanceCorporationMember" xlink:to="bap_InternationalFinanceCorporationMember" xlink:title="label: InternationalFinanceCorporationMember to bap_InternationalFinanceCorporationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SumitomoMitsuiBankingCorporationMember" xlink:label="SumitomoMitsuiBankingCorporationMember" xlink:title="SumitomoMitsuiBankingCorporationMember" />
    <link:label xlink:type="resource" xlink:label="bap_SumitomoMitsuiBankingCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SumitomoMitsuiBankingCorporationMember_lbl" xml:lang="en-US" id="bap_SumitomoMitsuiBankingCorporationMember_lbl">This member stands for Sumitomo Mitsui Banking Corporation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SumitomoMitsuiBankingCorporationMember" xlink:to="bap_SumitomoMitsuiBankingCorporationMember_lbl" xlink:title="label: SumitomoMitsuiBankingCorporationMember to bap_SumitomoMitsuiBankingCorporationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SumitomoMitsuiBankingCorporationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SumitomoMitsuiBankingCorporationMember_lbl1" xml:lang="en-US" id="bap_SumitomoMitsuiBankingCorporationMember_lbl1">Sumitomo Mitsui Banking Corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SumitomoMitsuiBankingCorporationMember" xlink:to="bap_SumitomoMitsuiBankingCorporationMember_lbl1" xlink:title="label: SumitomoMitsuiBankingCorporationMember to bap_SumitomoMitsuiBankingCorporationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SumitomoMitsuiBankingCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SumitomoMitsuiBankingCorporationMember" xml:lang="en-US" id="bap_SumitomoMitsuiBankingCorporationMember">Sumitomo Mitsui Banking Corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SumitomoMitsuiBankingCorporationMember" xlink:to="bap_SumitomoMitsuiBankingCorporationMember" xlink:title="label: SumitomoMitsuiBankingCorporationMember to bap_SumitomoMitsuiBankingCorporationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancolombiaSAMember" xlink:label="BancolombiaSAMember" xlink:title="BancolombiaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancolombiaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancolombiaSAMember_lbl" xml:lang="en-US" id="bap_BancolombiaSAMember_lbl">This member stands for Bancolombia S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancolombiaSAMember" xlink:to="bap_BancolombiaSAMember_lbl" xlink:title="label: BancolombiaSAMember to bap_BancolombiaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancolombiaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancolombiaSAMember_lbl1" xml:lang="en-US" id="bap_BancolombiaSAMember_lbl1">Bancolombia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancolombiaSAMember" xlink:to="bap_BancolombiaSAMember_lbl1" xlink:title="label: BancolombiaSAMember to bap_BancolombiaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancolombiaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancolombiaSAMember" xml:lang="en-US" id="bap_BancolombiaSAMember">Bancolombia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancolombiaSAMember" xlink:to="bap_BancolombiaSAMember" xlink:title="label: BancolombiaSAMember to bap_BancolombiaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:label="DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:title="DisclosureOfDueToBanksAndCorrespondentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract_lbl1">Disclosure of due to banks and correspondents [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:to="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract_lbl1" xlink:title="label: DisclosureOfDueToBanksAndCorrespondentsAbstract to bap_DisclosureOfDueToBanksAndCorrespondentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract" xml:lang="en-US" id="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract">DUE TO BANKS AND CORRESPONDENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:to="bap_DisclosureOfDueToBanksAndCorrespondentsAbstract" xlink:title="label: DisclosureOfDueToBanksAndCorrespondentsAbstract to bap_DisclosureOfDueToBanksAndCorrespondentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfForeignBanksAsBorrowers" xlink:label="NumberOfForeignBanksAsBorrowers" xlink:title="NumberOfForeignBanksAsBorrowers" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfForeignBanksAsBorrowers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfForeignBanksAsBorrowers_lbl" xml:lang="en-US" id="bap_NumberOfForeignBanksAsBorrowers_lbl">Number of foreign banks that borrowed funds from the company.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfForeignBanksAsBorrowers" xlink:to="bap_NumberOfForeignBanksAsBorrowers_lbl" xlink:title="label: NumberOfForeignBanksAsBorrowers to bap_NumberOfForeignBanksAsBorrowers_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfForeignBanksAsBorrowers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfForeignBanksAsBorrowers_lbl1" xml:lang="en-US" id="bap_NumberOfForeignBanksAsBorrowers_lbl1">Number of foreign banks as borrowers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfForeignBanksAsBorrowers" xlink:to="bap_NumberOfForeignBanksAsBorrowers_lbl1" xlink:title="label: NumberOfForeignBanksAsBorrowers to bap_NumberOfForeignBanksAsBorrowers_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfForeignBanksAsBorrowers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfForeignBanksAsBorrowers" xml:lang="en-US" id="bap_NumberOfForeignBanksAsBorrowers">Number of foreign banks as borrowers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfForeignBanksAsBorrowers" xlink:to="bap_NumberOfForeignBanksAsBorrowers" xlink:title="label: NumberOfForeignBanksAsBorrowers to bap_NumberOfForeignBanksAsBorrowers" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BorrowingsBasisSpreadOnVariableRateTerm" xlink:label="BorrowingsBasisSpreadOnVariableRateTerm" xlink:title="BorrowingsBasisSpreadOnVariableRateTerm" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl">The term on basis spread on variable rate for borrowings, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRateTerm" xlink:to="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl" xlink:title="label: BorrowingsBasisSpreadOnVariableRateTerm to bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl1" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl1">Borrowings, basis spread on variable rate, term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRateTerm" xlink:to="bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl1" xlink:title="label: BorrowingsBasisSpreadOnVariableRateTerm to bap_BorrowingsBasisSpreadOnVariableRateTerm_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRateTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BorrowingsBasisSpreadOnVariableRateTerm" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRateTerm">Borrowings basis spread on variable rate, term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRateTerm" xlink:to="bap_BorrowingsBasisSpreadOnVariableRateTerm" xlink:title="label: BorrowingsBasisSpreadOnVariableRateTerm to bap_BorrowingsBasisSpreadOnVariableRateTerm" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BorrowingTerm" xlink:label="BorrowingTerm" xlink:title="BorrowingTerm" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BorrowingTerm_lbl" xml:lang="en-US" id="bap_BorrowingTerm_lbl">Period of time of annual interest borrowing, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingTerm" xlink:to="bap_BorrowingTerm_lbl" xlink:title="label: BorrowingTerm to bap_BorrowingTerm_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingTerm_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BorrowingTerm_lbl1" xml:lang="en-US" id="bap_BorrowingTerm_lbl1">Borrowing term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingTerm" xlink:to="bap_BorrowingTerm_lbl1" xlink:title="label: BorrowingTerm to bap_BorrowingTerm_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BorrowingTerm" xml:lang="en-US" id="bap_BorrowingTerm">Borrowing term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingTerm" xlink:to="bap_BorrowingTerm" xlink:title="label: BorrowingTerm to bap_BorrowingTerm" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractMember" xlink:label="CrossCurrencySwapContractMember" xlink:title="CrossCurrencySwapContractMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractMember_lbl">This member stands for a cross currency swap contract</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractMember" xlink:to="bap_CrossCurrencySwapContractMember_lbl" xlink:title="label: CrossCurrencySwapContractMember to bap_CrossCurrencySwapContractMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractMember_lbl1">Cross currency swap contract [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractMember" xlink:to="bap_CrossCurrencySwapContractMember_lbl1" xlink:title="label: CrossCurrencySwapContractMember to bap_CrossCurrencySwapContractMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractMember">Cross Currency Swap Contract [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractMember" xlink:to="bap_CrossCurrencySwapContractMember" xlink:title="label: CrossCurrencySwapContractMember to bap_CrossCurrencySwapContractMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoldexMember" xlink:label="BancoldexMember" xlink:title="BancoldexMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoldexMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoldexMember_lbl" xml:lang="en-US" id="bap_BancoldexMember_lbl">This member stands for Bancoldex.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoldexMember" xlink:to="bap_BancoldexMember_lbl" xlink:title="label: BancoldexMember to bap_BancoldexMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoldexMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoldexMember_lbl1" xml:lang="en-US" id="bap_BancoldexMember_lbl1">Bancoldex [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoldexMember" xlink:to="bap_BancoldexMember_lbl1" xlink:title="label: BancoldexMember to bap_BancoldexMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoldexMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoldexMember" xml:lang="en-US" id="bap_BancoldexMember">Bancoldex [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoldexMember" xlink:to="bap_BancoldexMember" xlink:title="label: BancoldexMember to bap_BancoldexMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScotiabankPeruSAAMember" xlink:label="ScotiabankPeruSAAMember" xlink:title="ScotiabankPeruSAAMember" />
    <link:label xlink:type="resource" xlink:label="bap_ScotiabankPeruSAAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScotiabankPeruSAAMember_lbl" xml:lang="en-US" id="bap_ScotiabankPeruSAAMember_lbl">This member stands for Scotiabank Peru S.A.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScotiabankPeruSAAMember" xlink:to="bap_ScotiabankPeruSAAMember_lbl" xlink:title="label: ScotiabankPeruSAAMember to bap_ScotiabankPeruSAAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScotiabankPeruSAAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScotiabankPeruSAAMember_lbl1" xml:lang="en-US" id="bap_ScotiabankPeruSAAMember_lbl1">Scotiabank Peru S.A.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScotiabankPeruSAAMember" xlink:to="bap_ScotiabankPeruSAAMember_lbl1" xlink:title="label: ScotiabankPeruSAAMember to bap_ScotiabankPeruSAAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScotiabankPeruSAAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScotiabankPeruSAAMember" xml:lang="en-US" id="bap_ScotiabankPeruSAAMember">Scotiabank Peru S.A.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScotiabankPeruSAAMember" xlink:to="bap_ScotiabankPeruSAAMember" xlink:title="label: ScotiabankPeruSAAMember to bap_ScotiabankPeruSAAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InternationalFundsAndOthers" xlink:label="InternationalFundsAndOthers" xlink:title="InternationalFundsAndOthers" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFundsAndOthers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InternationalFundsAndOthers_lbl" xml:lang="en-US" id="bap_InternationalFundsAndOthers_lbl">The amount of outstanding funds that the entity is obligated to repay to international fund providers and other agencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFundsAndOthers" xlink:to="bap_InternationalFundsAndOthers_lbl" xlink:title="label: InternationalFundsAndOthers to bap_InternationalFundsAndOthers_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFundsAndOthers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InternationalFundsAndOthers_lbl1" xml:lang="en-US" id="bap_InternationalFundsAndOthers_lbl1">International funds and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFundsAndOthers" xlink:to="bap_InternationalFundsAndOthers_lbl1" xlink:title="label: InternationalFundsAndOthers to bap_InternationalFundsAndOthers_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InternationalFundsAndOthers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InternationalFundsAndOthers" xml:lang="en-US" id="bap_InternationalFundsAndOthers">International funds and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternationalFundsAndOthers" xlink:to="bap_InternationalFundsAndOthers" xlink:title="label: InternationalFundsAndOthers to bap_InternationalFundsAndOthers" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BradescoBacFloridaBankMember" xlink:label="BradescoBacFloridaBankMember" xlink:title="BradescoBacFloridaBankMember" />
    <link:label xlink:type="resource" xlink:label="bap_BradescoBacFloridaBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BradescoBacFloridaBankMember_lbl" xml:lang="en-US" id="bap_BradescoBacFloridaBankMember_lbl">This member stands for Bradesco Bac Florida Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BradescoBacFloridaBankMember" xlink:to="bap_BradescoBacFloridaBankMember_lbl" xlink:title="label: BradescoBacFloridaBankMember to bap_BradescoBacFloridaBankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BradescoBacFloridaBankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BradescoBacFloridaBankMember_lbl1" xml:lang="en-US" id="bap_BradescoBacFloridaBankMember_lbl1">Bradesco Bac Florida Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BradescoBacFloridaBankMember" xlink:to="bap_BradescoBacFloridaBankMember_lbl1" xlink:title="label: BradescoBacFloridaBankMember to bap_BradescoBacFloridaBankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BradescoBacFloridaBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BradescoBacFloridaBankMember" xml:lang="en-US" id="bap_BradescoBacFloridaBankMember">Bradesco Bac Florida Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BradescoBacFloridaBankMember" xlink:to="bap_BradescoBacFloridaBankMember" xlink:title="label: BradescoBacFloridaBankMember to bap_BradescoBacFloridaBankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ICBCPeruBankSAMember" xlink:label="ICBCPeruBankSAMember" xlink:title="ICBCPeruBankSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_ICBCPeruBankSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ICBCPeruBankSAMember_lbl" xml:lang="en-US" id="bap_ICBCPeruBankSAMember_lbl">This member stands for ICBC Peru Bank S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICBCPeruBankSAMember" xlink:to="bap_ICBCPeruBankSAMember_lbl" xlink:title="label: ICBCPeruBankSAMember to bap_ICBCPeruBankSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ICBCPeruBankSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ICBCPeruBankSAMember_lbl1" xml:lang="en-US" id="bap_ICBCPeruBankSAMember_lbl1">ICBC Peru Bank S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICBCPeruBankSAMember" xlink:to="bap_ICBCPeruBankSAMember_lbl1" xlink:title="label: ICBCPeruBankSAMember to bap_ICBCPeruBankSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ICBCPeruBankSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ICBCPeruBankSAMember" xml:lang="en-US" id="bap_ICBCPeruBankSAMember">ICBC Peru Bank S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ICBCPeruBankSAMember" xlink:to="bap_ICBCPeruBankSAMember" xlink:title="label: ICBCPeruBankSAMember to bap_ICBCPeruBankSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BorrowingsBasisSpreadOnVariableRate" xlink:label="BorrowingsBasisSpreadOnVariableRate" xlink:title="BorrowingsBasisSpreadOnVariableRate" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BorrowingsBasisSpreadOnVariableRate_lbl" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRate_lbl">Percentage points added to the reference rate to compute the variable rate on the borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRate" xlink:to="bap_BorrowingsBasisSpreadOnVariableRate_lbl" xlink:title="label: BorrowingsBasisSpreadOnVariableRate to bap_BorrowingsBasisSpreadOnVariableRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BorrowingsBasisSpreadOnVariableRate_lbl1" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRate_lbl1">Borrowings basis spread on variable rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRate" xlink:to="bap_BorrowingsBasisSpreadOnVariableRate_lbl1" xlink:title="label: BorrowingsBasisSpreadOnVariableRate to bap_BorrowingsBasisSpreadOnVariableRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsBasisSpreadOnVariableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BorrowingsBasisSpreadOnVariableRate" xml:lang="en-US" id="bap_BorrowingsBasisSpreadOnVariableRate">Borrowings basis spread on variable rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsBasisSpreadOnVariableRate" xlink:to="bap_BorrowingsBasisSpreadOnVariableRate" xlink:title="label: BorrowingsBasisSpreadOnVariableRate to bap_BorrowingsBasisSpreadOnVariableRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecuredOvernightFinancingRateMember" xlink:label="SecuredOvernightFinancingRateMember" xlink:title="SecuredOvernightFinancingRateMember" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SecuredOvernightFinancingRateMember_lbl" xml:lang="en-US" id="bap_SecuredOvernightFinancingRateMember_lbl">A broad measure of the cost of borrowing cash overnight collateralized by Treasury securities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRateMember" xlink:to="bap_SecuredOvernightFinancingRateMember_lbl" xlink:title="label: SecuredOvernightFinancingRateMember to bap_SecuredOvernightFinancingRateMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRateMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecuredOvernightFinancingRateMember_lbl1" xml:lang="en-US" id="bap_SecuredOvernightFinancingRateMember_lbl1">Secured Overnight Financing Rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRateMember" xlink:to="bap_SecuredOvernightFinancingRateMember_lbl1" xlink:title="label: SecuredOvernightFinancingRateMember to bap_SecuredOvernightFinancingRateMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecuredOvernightFinancingRateMember" xml:lang="en-US" id="bap_SecuredOvernightFinancingRateMember">SOFR [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRateMember" xlink:to="bap_SecuredOvernightFinancingRateMember" xlink:title="label: SecuredOvernightFinancingRateMember to bap_SecuredOvernightFinancingRateMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoNacionalDeBoliviaSAMember" xlink:label="BancoNacionalDeBoliviaSAMember" xlink:title="BancoNacionalDeBoliviaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoNacionalDeBoliviaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoNacionalDeBoliviaSAMember_lbl" xml:lang="en-US" id="bap_BancoNacionalDeBoliviaSAMember_lbl">This member stands for Banco Nacional de Bolivia S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoNacionalDeBoliviaSAMember" xlink:to="bap_BancoNacionalDeBoliviaSAMember_lbl" xlink:title="label: BancoNacionalDeBoliviaSAMember to bap_BancoNacionalDeBoliviaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoNacionalDeBoliviaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoNacionalDeBoliviaSAMember_lbl1" xml:lang="en-US" id="bap_BancoNacionalDeBoliviaSAMember_lbl1">Banco Nacional de Bolivia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoNacionalDeBoliviaSAMember" xlink:to="bap_BancoNacionalDeBoliviaSAMember_lbl1" xlink:title="label: BancoNacionalDeBoliviaSAMember to bap_BancoNacionalDeBoliviaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoNacionalDeBoliviaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoNacionalDeBoliviaSAMember" xml:lang="en-US" id="bap_BancoNacionalDeBoliviaSAMember">Banco Nacional de Bolivia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoNacionalDeBoliviaSAMember" xlink:to="bap_BancoNacionalDeBoliviaSAMember" xlink:title="label: BancoNacionalDeBoliviaSAMember to bap_BancoNacionalDeBoliviaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommerzbankAGMember" xlink:label="CommerzbankAGMember" xlink:title="CommerzbankAGMember" />
    <link:label xlink:type="resource" xlink:label="bap_CommerzbankAGMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommerzbankAGMember_lbl" xml:lang="en-US" id="bap_CommerzbankAGMember_lbl">This member stands for Commerzbank AG.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerzbankAGMember" xlink:to="bap_CommerzbankAGMember_lbl" xlink:title="label: CommerzbankAGMember to bap_CommerzbankAGMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommerzbankAGMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommerzbankAGMember_lbl1" xml:lang="en-US" id="bap_CommerzbankAGMember_lbl1">Commerzbank AG [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerzbankAGMember" xlink:to="bap_CommerzbankAGMember_lbl1" xlink:title="label: CommerzbankAGMember to bap_CommerzbankAGMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommerzbankAGMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommerzbankAGMember" xml:lang="en-US" id="bap_CommerzbankAGMember">Commerzbank AG [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerzbankAGMember" xlink:to="bap_CommerzbankAGMember" xlink:title="label: CommerzbankAGMember to bap_CommerzbankAGMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoBisaSAMember" xlink:label="BancoBisaSAMember" xlink:title="BancoBisaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBisaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoBisaSAMember_lbl" xml:lang="en-US" id="bap_BancoBisaSAMember_lbl">This member stands for Banco Bisa S.A..</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBisaSAMember" xlink:to="bap_BancoBisaSAMember_lbl" xlink:title="label: BancoBisaSAMember to bap_BancoBisaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBisaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoBisaSAMember_lbl1" xml:lang="en-US" id="bap_BancoBisaSAMember_lbl1">Banco Bisa S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBisaSAMember" xlink:to="bap_BancoBisaSAMember_lbl1" xlink:title="label: BancoBisaSAMember to bap_BancoBisaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoBisaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoBisaSAMember" xml:lang="en-US" id="bap_BancoBisaSAMember">Banco Bisa S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoBisaSAMember" xlink:to="bap_BancoBisaSAMember" xlink:title="label: BancoBisaSAMember to bap_BancoBisaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TorontoDominionBankMember" xlink:label="TorontoDominionBankMember" xlink:title="TorontoDominionBankMember" />
    <link:label xlink:type="resource" xlink:label="bap_TorontoDominionBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TorontoDominionBankMember_lbl" xml:lang="en-US" id="bap_TorontoDominionBankMember_lbl">This member stands for Toronto Dominion Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TorontoDominionBankMember" xlink:to="bap_TorontoDominionBankMember_lbl" xlink:title="label: TorontoDominionBankMember to bap_TorontoDominionBankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TorontoDominionBankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TorontoDominionBankMember_lbl1" xml:lang="en-US" id="bap_TorontoDominionBankMember_lbl1">Toronto Dominion Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TorontoDominionBankMember" xlink:to="bap_TorontoDominionBankMember_lbl1" xlink:title="label: TorontoDominionBankMember to bap_TorontoDominionBankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TorontoDominionBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TorontoDominionBankMember" xml:lang="en-US" id="bap_TorontoDominionBankMember">The Toronto Dominion Bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TorontoDominionBankMember" xlink:to="bap_TorontoDominionBankMember" xlink:title="label: TorontoDominionBankMember to bap_TorontoDominionBankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ZurcherKantonalbankMember" xlink:label="ZurcherKantonalbankMember" xlink:title="ZurcherKantonalbankMember" />
    <link:label xlink:type="resource" xlink:label="bap_ZurcherKantonalbankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ZurcherKantonalbankMember_lbl" xml:lang="en-US" id="bap_ZurcherKantonalbankMember_lbl">This member stands for Zurcher Kantonalbank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZurcherKantonalbankMember" xlink:to="bap_ZurcherKantonalbankMember_lbl" xlink:title="label: ZurcherKantonalbankMember to bap_ZurcherKantonalbankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ZurcherKantonalbankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ZurcherKantonalbankMember_lbl1" xml:lang="en-US" id="bap_ZurcherKantonalbankMember_lbl1">Zurcher Kantonalbank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZurcherKantonalbankMember" xlink:to="bap_ZurcherKantonalbankMember_lbl1" xlink:title="label: ZurcherKantonalbankMember to bap_ZurcherKantonalbankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ZurcherKantonalbankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ZurcherKantonalbankMember" xml:lang="en-US" id="bap_ZurcherKantonalbankMember">Zurcher Kantonalbank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ZurcherKantonalbankMember" xlink:to="bap_ZurcherKantonalbankMember" xlink:title="label: ZurcherKantonalbankMember to bap_ZurcherKantonalbankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporacionFinancieraDeDesarrolloCofideMember" xlink:label="CorporacionFinancieraDeDesarrolloCofideMember" xlink:title="CorporacionFinancieraDeDesarrolloCofideMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl" xml:lang="en-US" id="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl">This member stands for Corporacion Financiera De Desarrollo Cofide.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionFinancieraDeDesarrolloCofideMember" xlink:to="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl" xlink:title="label: CorporacionFinancieraDeDesarrolloCofideMember to bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl1" xml:lang="en-US" id="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl1">Corporacion Financiera De Desarrollo Cofide [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionFinancieraDeDesarrolloCofideMember" xlink:to="bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl1" xlink:title="label: CorporacionFinancieraDeDesarrolloCofideMember to bap_CorporacionFinancieraDeDesarrolloCofideMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionFinancieraDeDesarrolloCofideMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporacionFinancieraDeDesarrolloCofideMember" xml:lang="en-US" id="bap_CorporacionFinancieraDeDesarrolloCofideMember">Corporacion Financiera de Desarrollo (COFIDE) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionFinancieraDeDesarrolloCofideMember" xlink:to="bap_CorporacionFinancieraDeDesarrolloCofideMember" xlink:title="label: CorporacionFinancieraDeDesarrolloCofideMember to bap_CorporacionFinancieraDeDesarrolloCofideMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BankOfAmericaMember" xlink:label="BankOfAmericaMember" xlink:title="BankOfAmericaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BankOfAmericaMember_lbl" xml:lang="en-US" id="bap_BankOfAmericaMember_lbl">This member stands for Bank of America.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfAmericaMember" xlink:to="bap_BankOfAmericaMember_lbl" xlink:title="label: BankOfAmericaMember to bap_BankOfAmericaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfAmericaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BankOfAmericaMember_lbl1" xml:lang="en-US" id="bap_BankOfAmericaMember_lbl1">Bank of America [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfAmericaMember" xlink:to="bap_BankOfAmericaMember_lbl1" xlink:title="label: BankOfAmericaMember to bap_BankOfAmericaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BankOfAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BankOfAmericaMember" xml:lang="en-US" id="bap_BankOfAmericaMember">Bank of America N.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankOfAmericaMember" xlink:to="bap_BankOfAmericaMember" xlink:title="label: BankOfAmericaMember to bap_BankOfAmericaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable" xlink:label="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable" xlink:title="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl">Schedule disclosing information related to details due to banks and correspondents maturities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable to bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl1">Disclosure of detailed information about due to banks and correspondents maturities [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable to bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:label="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:title="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems to bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl1">Disclosure of detailed information about due to banks and correspondents maturities [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems to bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems">Disclosure Of Deposits From Banks Explanatory [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" xlink:title="label: DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems to bap_DisclosureOfDetailedInformationAboutDueToBanksAndCorrespondentsMaturitiesLineItems" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract" xlink:label="MaturitiesOfDueToBanksAndCorrespondentsAbstract" xlink:title="MaturitiesOfDueToBanksAndCorrespondentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract_lbl1" xml:lang="en-US" id="bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract_lbl1">Maturities of due to banks and correspondents [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitiesOfDueToBanksAndCorrespondentsAbstract" xlink:to="bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract_lbl1" xlink:title="label: MaturitiesOfDueToBanksAndCorrespondentsAbstract to bap_MaturitiesOfDueToBanksAndCorrespondentsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:label="LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:title="LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" />
    <link:label xlink:type="resource" xlink:label="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl" xml:lang="en-US" id="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl">The amount of line of credit granted by various local and foreign financial institutions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:to="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl" xlink:title="label: LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions to bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl1" xml:lang="en-US" id="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl1">Lines of credit granted by various local and foreign financial institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:to="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl1" xlink:title="label: LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions to bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xml:lang="en-US" id="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions">Lines of credit granted by various local and foreign financial institutions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:to="bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" xlink:title="label: LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions to bap_LinesOfCreditGrantedByVariousLocalAndForeignFinancialInstitutions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DueToBanksAndCorrespondentsMaturities" xlink:label="DueToBanksAndCorrespondentsMaturities" xlink:title="DueToBanksAndCorrespondentsMaturities" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsMaturities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DueToBanksAndCorrespondentsMaturities_lbl" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsMaturities_lbl">The amount due to banks and correspondents agencies or entities which have maturities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsMaturities" xlink:to="bap_DueToBanksAndCorrespondentsMaturities_lbl" xlink:title="label: DueToBanksAndCorrespondentsMaturities to bap_DueToBanksAndCorrespondentsMaturities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsMaturities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DueToBanksAndCorrespondentsMaturities_lbl1" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsMaturities_lbl1">Due to banks and correspondents maturities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsMaturities" xlink:to="bap_DueToBanksAndCorrespondentsMaturities_lbl1" xlink:title="label: DueToBanksAndCorrespondentsMaturities to bap_DueToBanksAndCorrespondentsMaturities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsMaturities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DueToBanksAndCorrespondentsMaturities" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsMaturities">Due to banks and correspondents maturities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsMaturities" xlink:to="bap_DueToBanksAndCorrespondentsMaturities" xlink:title="label: DueToBanksAndCorrespondentsMaturities to bap_DueToBanksAndCorrespondentsMaturities" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsMaturities_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DueToBanksAndCorrespondentsMaturities_lbl2" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsMaturities_lbl2">Due to banks and correspondents</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsMaturities" xlink:to="bap_DueToBanksAndCorrespondentsMaturities_lbl2" xlink:title="label: DueToBanksAndCorrespondentsMaturities to bap_DueToBanksAndCorrespondentsMaturities_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherMember" xlink:label="OtherMember" xlink:title="OtherMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherMember_lbl" xml:lang="en-US" id="bap_OtherMember_lbl">This member stands for other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMember" xlink:to="bap_OtherMember_lbl" xlink:title="label: OtherMember to bap_OtherMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherMember_lbl1" xml:lang="en-US" id="bap_OtherMember_lbl1">Other [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMember" xlink:to="bap_OtherMember_lbl1" xlink:title="label: OtherMember to bap_OtherMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherMember" xml:lang="en-US" id="bap_OtherMember">Other Currencies [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMember" xlink:to="bap_OtherMember" xlink:title="label: OtherMember to bap_OtherMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecuritizationInstrumentsMember" xlink:label="SecuritizationInstrumentsMember" xlink:title="SecuritizationInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_SecuritizationInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SecuritizationInstrumentsMember_lbl" xml:lang="en-US" id="bap_SecuritizationInstrumentsMember_lbl">This member stands for securitization instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritizationInstrumentsMember" xlink:to="bap_SecuritizationInstrumentsMember_lbl" xlink:title="label: SecuritizationInstrumentsMember to bap_SecuritizationInstrumentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SecuritizationInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecuritizationInstrumentsMember_lbl1" xml:lang="en-US" id="bap_SecuritizationInstrumentsMember_lbl1">Securitization instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritizationInstrumentsMember" xlink:to="bap_SecuritizationInstrumentsMember_lbl1" xlink:title="label: SecuritizationInstrumentsMember to bap_SecuritizationInstrumentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecuritizationInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecuritizationInstrumentsMember" xml:lang="en-US" id="bap_SecuritizationInstrumentsMember">Securitization Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritizationInstrumentsMember" xlink:to="bap_SecuritizationInstrumentsMember" xlink:title="label: SecuritizationInstrumentsMember to bap_SecuritizationInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ColombiaAndBoliviaMember" xlink:label="ColombiaAndBoliviaMember" xlink:title="ColombiaAndBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_ColombiaAndBoliviaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ColombiaAndBoliviaMember_lbl" xml:lang="en-US" id="bap_ColombiaAndBoliviaMember_lbl">This member stands for Colombia and Bolivia country.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombiaAndBoliviaMember" xlink:to="bap_ColombiaAndBoliviaMember_lbl" xlink:title="label: ColombiaAndBoliviaMember to bap_ColombiaAndBoliviaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ColombiaAndBoliviaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ColombiaAndBoliviaMember_lbl1" xml:lang="en-US" id="bap_ColombiaAndBoliviaMember_lbl1">Colombia and Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombiaAndBoliviaMember" xlink:to="bap_ColombiaAndBoliviaMember_lbl1" xlink:title="label: ColombiaAndBoliviaMember to bap_ColombiaAndBoliviaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ColombiaAndBoliviaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ColombiaAndBoliviaMember" xml:lang="en-US" id="bap_ColombiaAndBoliviaMember">Colombia and Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColombiaAndBoliviaMember" xlink:to="bap_ColombiaAndBoliviaMember" xlink:title="label: ColombiaAndBoliviaMember to bap_ColombiaAndBoliviaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FabricaNacionalDeCementoSAMember" xlink:label="FabricaNacionalDeCementoSAMember" xlink:title="FabricaNacionalDeCementoSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_FabricaNacionalDeCementoSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FabricaNacionalDeCementoSAMember_lbl" xml:lang="en-US" id="bap_FabricaNacionalDeCementoSAMember_lbl">This member stands for Fabrica Nacional de Cemento S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FabricaNacionalDeCementoSAMember" xlink:to="bap_FabricaNacionalDeCementoSAMember_lbl" xlink:title="label: FabricaNacionalDeCementoSAMember to bap_FabricaNacionalDeCementoSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FabricaNacionalDeCementoSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FabricaNacionalDeCementoSAMember_lbl1" xml:lang="en-US" id="bap_FabricaNacionalDeCementoSAMember_lbl1">Fabrica nacional de cemento s.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FabricaNacionalDeCementoSAMember" xlink:to="bap_FabricaNacionalDeCementoSAMember_lbl1" xlink:title="label: FabricaNacionalDeCementoSAMember to bap_FabricaNacionalDeCementoSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FabricaNacionalDeCementoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FabricaNacionalDeCementoSAMember" xml:lang="en-US" id="bap_FabricaNacionalDeCementoSAMember">Fabrica Nacional De Cemento S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FabricaNacionalDeCementoSAMember" xlink:to="bap_FabricaNacionalDeCementoSAMember" xlink:title="label: FabricaNacionalDeCementoSAMember to bap_FabricaNacionalDeCementoSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NessusHotelesPerSAMember" xlink:label="NessusHotelesPerSAMember" xlink:title="NessusHotelesPerSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_NessusHotelesPerSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NessusHotelesPerSAMember_lbl" xml:lang="en-US" id="bap_NessusHotelesPerSAMember_lbl">This member stands for Nessus Hoteles per S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NessusHotelesPerSAMember" xlink:to="bap_NessusHotelesPerSAMember_lbl" xlink:title="label: NessusHotelesPerSAMember to bap_NessusHotelesPerSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NessusHotelesPerSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NessusHotelesPerSAMember_lbl1" xml:lang="en-US" id="bap_NessusHotelesPerSAMember_lbl1">Nessus hoteles per s.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NessusHotelesPerSAMember" xlink:to="bap_NessusHotelesPerSAMember_lbl1" xlink:title="label: NessusHotelesPerSAMember to bap_NessusHotelesPerSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NessusHotelesPerSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NessusHotelesPerSAMember" xml:lang="en-US" id="bap_NessusHotelesPerSAMember">Nessus Hoteles Per S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NessusHotelesPerSAMember" xlink:to="bap_NessusHotelesPerSAMember" xlink:title="label: NessusHotelesPerSAMember to bap_NessusHotelesPerSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OthersInvestmentsMember" xlink:label="OthersInvestmentsMember" xlink:title="OthersInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OthersInvestmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OthersInvestmentsMember_lbl" xml:lang="en-US" id="bap_OthersInvestmentsMember_lbl">This member stands for others investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersInvestmentsMember" xlink:to="bap_OthersInvestmentsMember_lbl" xlink:title="label: OthersInvestmentsMember to bap_OthersInvestmentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OthersInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OthersInvestmentsMember_lbl1" xml:lang="en-US" id="bap_OthersInvestmentsMember_lbl1">Others investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersInvestmentsMember" xlink:to="bap_OthersInvestmentsMember_lbl1" xlink:title="label: OthersInvestmentsMember to bap_OthersInvestmentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OthersInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OthersInvestmentsMember" xml:lang="en-US" id="bap_OthersInvestmentsMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersInvestmentsMember" xlink:to="bap_OthersInvestmentsMember" xlink:title="label: OthersInvestmentsMember to bap_OthersInvestmentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AsociacionCivilSanJuanBautistaMember" xlink:label="AsociacionCivilSanJuanBautistaMember" xlink:title="AsociacionCivilSanJuanBautistaMember" />
    <link:label xlink:type="resource" xlink:label="bap_AsociacionCivilSanJuanBautistaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AsociacionCivilSanJuanBautistaMember_lbl" xml:lang="en-US" id="bap_AsociacionCivilSanJuanBautistaMember_lbl">This member stands for Asociacion Civil San Juan Bautista.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AsociacionCivilSanJuanBautistaMember" xlink:to="bap_AsociacionCivilSanJuanBautistaMember_lbl" xlink:title="label: AsociacionCivilSanJuanBautistaMember to bap_AsociacionCivilSanJuanBautistaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AsociacionCivilSanJuanBautistaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AsociacionCivilSanJuanBautistaMember_lbl1" xml:lang="en-US" id="bap_AsociacionCivilSanJuanBautistaMember_lbl1">Asociacion Civil San Juan Bautista [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AsociacionCivilSanJuanBautistaMember" xlink:to="bap_AsociacionCivilSanJuanBautistaMember_lbl1" xlink:title="label: AsociacionCivilSanJuanBautistaMember to bap_AsociacionCivilSanJuanBautistaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AsociacionCivilSanJuanBautistaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AsociacionCivilSanJuanBautistaMember" xml:lang="en-US" id="bap_AsociacionCivilSanJuanBautistaMember">Asociacion Civil San Juan Bautista [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AsociacionCivilSanJuanBautistaMember" xlink:to="bap_AsociacionCivilSanJuanBautistaMember" xlink:title="label: AsociacionCivilSanJuanBautistaMember to bap_AsociacionCivilSanJuanBautistaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CompaniaDeTurismoLaPazSACMember" xlink:label="CompaniaDeTurismoLaPazSACMember" xlink:title="CompaniaDeTurismoLaPazSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaDeTurismoLaPazSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CompaniaDeTurismoLaPazSACMember_lbl" xml:lang="en-US" id="bap_CompaniaDeTurismoLaPazSACMember_lbl">This member stands for Compania de Turismo La Paz S.A.C.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaDeTurismoLaPazSACMember" xlink:to="bap_CompaniaDeTurismoLaPazSACMember_lbl" xlink:title="label: CompaniaDeTurismoLaPazSACMember to bap_CompaniaDeTurismoLaPazSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaDeTurismoLaPazSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CompaniaDeTurismoLaPazSACMember_lbl1" xml:lang="en-US" id="bap_CompaniaDeTurismoLaPazSACMember_lbl1">Compania de Turismo La Paz S.A.C. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaDeTurismoLaPazSACMember" xlink:to="bap_CompaniaDeTurismoLaPazSACMember_lbl1" xlink:title="label: CompaniaDeTurismoLaPazSACMember to bap_CompaniaDeTurismoLaPazSACMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaDeTurismoLaPazSACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CompaniaDeTurismoLaPazSACMember" xml:lang="en-US" id="bap_CompaniaDeTurismoLaPazSACMember">Compania de Turismo La Paz S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaDeTurismoLaPazSACMember" xlink:to="bap_CompaniaDeTurismoLaPazSACMember" xlink:title="label: CompaniaDeTurismoLaPazSACMember to bap_CompaniaDeTurismoLaPazSACMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TelefonicaCelularDeBoliviaSAMember" xlink:label="TelefonicaCelularDeBoliviaSAMember" xlink:title="TelefonicaCelularDeBoliviaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_TelefonicaCelularDeBoliviaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TelefonicaCelularDeBoliviaSAMember_lbl" xml:lang="en-US" id="bap_TelefonicaCelularDeBoliviaSAMember_lbl">This member stands for Telefonica Celular de Bolivia S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TelefonicaCelularDeBoliviaSAMember" xlink:to="bap_TelefonicaCelularDeBoliviaSAMember_lbl" xlink:title="label: TelefonicaCelularDeBoliviaSAMember to bap_TelefonicaCelularDeBoliviaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TelefonicaCelularDeBoliviaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TelefonicaCelularDeBoliviaSAMember_lbl1" xml:lang="en-US" id="bap_TelefonicaCelularDeBoliviaSAMember_lbl1">Telefonica Celular de Bolivia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TelefonicaCelularDeBoliviaSAMember" xlink:to="bap_TelefonicaCelularDeBoliviaSAMember_lbl1" xlink:title="label: TelefonicaCelularDeBoliviaSAMember to bap_TelefonicaCelularDeBoliviaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TelefonicaCelularDeBoliviaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TelefonicaCelularDeBoliviaSAMember" xml:lang="en-US" id="bap_TelefonicaCelularDeBoliviaSAMember">Telefonica Celular de Bolivia S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TelefonicaCelularDeBoliviaSAMember" xlink:to="bap_TelefonicaCelularDeBoliviaSAMember" xlink:title="label: TelefonicaCelularDeBoliviaSAMember to bap_TelefonicaCelularDeBoliviaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ConcesionariaLaChiraSaMember" xlink:label="ConcesionariaLaChiraSaMember" xlink:title="ConcesionariaLaChiraSaMember" />
    <link:label xlink:type="resource" xlink:label="bap_ConcesionariaLaChiraSaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ConcesionariaLaChiraSaMember_lbl" xml:lang="en-US" id="bap_ConcesionariaLaChiraSaMember_lbl">This member stands for Concesionaria la Chira S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcesionariaLaChiraSaMember" xlink:to="bap_ConcesionariaLaChiraSaMember_lbl" xlink:title="label: ConcesionariaLaChiraSaMember to bap_ConcesionariaLaChiraSaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ConcesionariaLaChiraSaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ConcesionariaLaChiraSaMember_lbl1" xml:lang="en-US" id="bap_ConcesionariaLaChiraSaMember_lbl1">Concesionaria la chira sa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcesionariaLaChiraSaMember" xlink:to="bap_ConcesionariaLaChiraSaMember_lbl1" xlink:title="label: ConcesionariaLaChiraSaMember to bap_ConcesionariaLaChiraSaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ConcesionariaLaChiraSaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ConcesionariaLaChiraSaMember" xml:lang="en-US" id="bap_ConcesionariaLaChiraSaMember">Concesionaria La Chira S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcesionariaLaChiraSaMember" xlink:to="bap_ConcesionariaLaChiraSaMember" xlink:title="label: ConcesionariaLaChiraSaMember to bap_ConcesionariaLaChiraSaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MultimercadosZonalesSACMember" xlink:label="MultimercadosZonalesSACMember" xlink:title="MultimercadosZonalesSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_MultimercadosZonalesSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MultimercadosZonalesSACMember_lbl" xml:lang="en-US" id="bap_MultimercadosZonalesSACMember_lbl">This member stands for Multimercados Zonales S.A.C.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MultimercadosZonalesSACMember" xlink:to="bap_MultimercadosZonalesSACMember_lbl" xlink:title="label: MultimercadosZonalesSACMember to bap_MultimercadosZonalesSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MultimercadosZonalesSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MultimercadosZonalesSACMember_lbl1" xml:lang="en-US" id="bap_MultimercadosZonalesSACMember_lbl1">Multimercados Zonales S.A.C. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MultimercadosZonalesSACMember" xlink:to="bap_MultimercadosZonalesSACMember_lbl1" xlink:title="label: MultimercadosZonalesSACMember to bap_MultimercadosZonalesSACMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InmueblesPanamericanaSAMember" xlink:label="InmueblesPanamericanaSAMember" xlink:title="InmueblesPanamericanaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_InmueblesPanamericanaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InmueblesPanamericanaSAMember_lbl" xml:lang="en-US" id="bap_InmueblesPanamericanaSAMember_lbl">This member stands for Inmuebles panamericana S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmueblesPanamericanaSAMember" xlink:to="bap_InmueblesPanamericanaSAMember_lbl" xlink:title="label: InmueblesPanamericanaSAMember to bap_InmueblesPanamericanaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InmueblesPanamericanaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InmueblesPanamericanaSAMember_lbl1" xml:lang="en-US" id="bap_InmueblesPanamericanaSAMember_lbl1">Inmuebles panamericana S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmueblesPanamericanaSAMember" xlink:to="bap_InmueblesPanamericanaSAMember_lbl1" xlink:title="label: InmueblesPanamericanaSAMember to bap_InmueblesPanamericanaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InmueblesPanamericanaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InmueblesPanamericanaSAMember" xml:lang="en-US" id="bap_InmueblesPanamericanaSAMember">Inmuebles Panamericana S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmueblesPanamericanaSAMember" xlink:to="bap_InmueblesPanamericanaSAMember" xlink:title="label: InmueblesPanamericanaSAMember to bap_InmueblesPanamericanaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:label="InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:title="InmobiliariaTerranoSAYOperadoraPortuariaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl" xml:lang="en-US" id="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl">This member stands for Inmobiliaria Terrano S.A. y Operadora Portuaria S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:to="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl" xlink:title="label: InmobiliariaTerranoSAYOperadoraPortuariaSAMember to bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl1" xml:lang="en-US" id="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl1">Inmobiliaria Terrano S.A. y Operadora Portuaria S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:to="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl1" xlink:title="label: InmobiliariaTerranoSAYOperadoraPortuariaSAMember to bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xml:lang="en-US" id="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember">Inmobiliaria Terrano S.A. y Operadora Portuaria S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:to="bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember" xlink:title="label: InmobiliariaTerranoSAYOperadoraPortuariaSAMember to bap_InmobiliariaTerranoSAYOperadoraPortuariaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CostaDeSolS.a.Member" xlink:label="CostaDeSolS.a.Member" xlink:title="CostaDeSolS.a.Member" />
    <link:label xlink:type="resource" xlink:label="bap_CostaDeSolS.a.Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CostaDeSolS.a.Member_lbl" xml:lang="en-US" id="bap_CostaDeSolS.a.Member_lbl">This member stands for Costa de Sol S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostaDeSolS.a.Member" xlink:to="bap_CostaDeSolS.a.Member_lbl" xlink:title="label: CostaDeSolS.a.Member to bap_CostaDeSolS.a.Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CostaDeSolS.a.Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CostaDeSolS.a.Member_lbl1" xml:lang="en-US" id="bap_CostaDeSolS.a.Member_lbl1">Costa De Sol S.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostaDeSolS.a.Member" xlink:to="bap_CostaDeSolS.a.Member_lbl1" xlink:title="label: CostaDeSolS.a.Member to bap_CostaDeSolS.a.Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CostaDeSolS.a.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CostaDeSolS.a.Member" xml:lang="en-US" id="bap_CostaDeSolS.a.Member">Costa De Sol S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CostaDeSolS.a.Member" xlink:to="bap_CostaDeSolS.a.Member" xlink:title="label: CostaDeSolS.a.Member to bap_CostaDeSolS.a.Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HomecentersPeruanosSAMember" xlink:label="HomecentersPeruanosSAMember" xlink:title="HomecentersPeruanosSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_HomecentersPeruanosSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HomecentersPeruanosSAMember_lbl" xml:lang="en-US" id="bap_HomecentersPeruanosSAMember_lbl">This member stands for Homecenters Peruanos S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HomecentersPeruanosSAMember" xlink:to="bap_HomecentersPeruanosSAMember_lbl" xlink:title="label: HomecentersPeruanosSAMember to bap_HomecentersPeruanosSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HomecentersPeruanosSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HomecentersPeruanosSAMember_lbl1" xml:lang="en-US" id="bap_HomecentersPeruanosSAMember_lbl1">Homecenters peruanos s.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HomecentersPeruanosSAMember" xlink:to="bap_HomecentersPeruanosSAMember_lbl1" xlink:title="label: HomecentersPeruanosSAMember to bap_HomecentersPeruanosSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HomecentersPeruanosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HomecentersPeruanosSAMember" xml:lang="en-US" id="bap_HomecentersPeruanosSAMember">Homecenters Peruanos S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HomecentersPeruanosSAMember" xlink:to="bap_HomecentersPeruanosSAMember" xlink:title="label: HomecentersPeruanosSAMember to bap_HomecentersPeruanosSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CentroComercialPlazaNorteSACMember" xlink:label="CentroComercialPlazaNorteSACMember" xlink:title="CentroComercialPlazaNorteSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_CentroComercialPlazaNorteSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CentroComercialPlazaNorteSACMember_lbl" xml:lang="en-US" id="bap_CentroComercialPlazaNorteSACMember_lbl">This member stands for Centro Comercial Plaza Norte S.A.C..</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroComercialPlazaNorteSACMember" xlink:to="bap_CentroComercialPlazaNorteSACMember_lbl" xlink:title="label: CentroComercialPlazaNorteSACMember to bap_CentroComercialPlazaNorteSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CentroComercialPlazaNorteSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CentroComercialPlazaNorteSACMember_lbl1" xml:lang="en-US" id="bap_CentroComercialPlazaNorteSACMember_lbl1">Centro comercial plaza norte s.a.c. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroComercialPlazaNorteSACMember" xlink:to="bap_CentroComercialPlazaNorteSACMember_lbl1" xlink:title="label: CentroComercialPlazaNorteSACMember to bap_CentroComercialPlazaNorteSACMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CentroComercialPlazaNorteSACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CentroComercialPlazaNorteSACMember" xml:lang="en-US" id="bap_CentroComercialPlazaNorteSACMember">Centro Comercial Plaza Norte S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentroComercialPlazaNorteSACMember" xlink:to="bap_CentroComercialPlazaNorteSACMember" xlink:title="label: CentroComercialPlazaNorteSACMember to bap_CentroComercialPlazaNorteSACMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ColegiosPeruanosS.a.Member" xlink:label="ColegiosPeruanosS.a.Member" xlink:title="ColegiosPeruanosS.a.Member" />
    <link:label xlink:type="resource" xlink:label="bap_ColegiosPeruanosS.a.Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ColegiosPeruanosS.a.Member_lbl" xml:lang="en-US" id="bap_ColegiosPeruanosS.a.Member_lbl">This member stands for Colegios Peruanos S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColegiosPeruanosS.a.Member" xlink:to="bap_ColegiosPeruanosS.a.Member_lbl" xlink:title="label: ColegiosPeruanosS.a.Member to bap_ColegiosPeruanosS.a.Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ColegiosPeruanosS.a.Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ColegiosPeruanosS.a.Member_lbl1" xml:lang="en-US" id="bap_ColegiosPeruanosS.a.Member_lbl1">Colegios Peruanos S.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColegiosPeruanosS.a.Member" xlink:to="bap_ColegiosPeruanosS.a.Member_lbl1" xlink:title="label: ColegiosPeruanosS.a.Member to bap_ColegiosPeruanosS.a.Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ColegiosPeruanosS.a.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ColegiosPeruanosS.a.Member" xml:lang="en-US" id="bap_ColegiosPeruanosS.a.Member">Colegios Peruanos S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ColegiosPeruanosS.a.Member" xlink:to="bap_ColegiosPeruanosS.a.Member" xlink:title="label: ColegiosPeruanosS.a.Member to bap_ColegiosPeruanosS.a.Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RedesurYTesurMember" xlink:label="RedesurYTesurMember" xlink:title="RedesurYTesurMember" />
    <link:label xlink:type="resource" xlink:label="bap_RedesurYTesurMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RedesurYTesurMember_lbl" xml:lang="en-US" id="bap_RedesurYTesurMember_lbl">This member stands for Redesur y Tesur.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedesurYTesurMember" xlink:to="bap_RedesurYTesurMember_lbl" xlink:title="label: RedesurYTesurMember to bap_RedesurYTesurMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RedesurYTesurMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RedesurYTesurMember_lbl1" xml:lang="en-US" id="bap_RedesurYTesurMember_lbl1">Redesur y tesur [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedesurYTesurMember" xlink:to="bap_RedesurYTesurMember_lbl1" xlink:title="label: RedesurYTesurMember to bap_RedesurYTesurMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RedesurYTesurMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RedesurYTesurMember" xml:lang="en-US" id="bap_RedesurYTesurMember">Redesur y Tesur [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RedesurYTesurMember" xlink:to="bap_RedesurYTesurMember" xlink:title="label: RedesurYTesurMember to bap_RedesurYTesurMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AeropuertosDelPeruSAMember" xlink:label="AeropuertosDelPeruSAMember" xlink:title="AeropuertosDelPeruSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_AeropuertosDelPeruSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AeropuertosDelPeruSAMember_lbl" xml:lang="en-US" id="bap_AeropuertosDelPeruSAMember_lbl">This member stands for Aeropuertos del Peru S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AeropuertosDelPeruSAMember" xlink:to="bap_AeropuertosDelPeruSAMember_lbl" xlink:title="label: AeropuertosDelPeruSAMember to bap_AeropuertosDelPeruSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AeropuertosDelPeruSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AeropuertosDelPeruSAMember_lbl1" xml:lang="en-US" id="bap_AeropuertosDelPeruSAMember_lbl1">Aeropuertos del peru s.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AeropuertosDelPeruSAMember" xlink:to="bap_AeropuertosDelPeruSAMember_lbl1" xlink:title="label: AeropuertosDelPeruSAMember to bap_AeropuertosDelPeruSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AeropuertosDelPeruSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AeropuertosDelPeruSAMember" xml:lang="en-US" id="bap_AeropuertosDelPeruSAMember">Aeropuertos del Peru S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AeropuertosDelPeruSAMember" xlink:to="bap_AeropuertosDelPeruSAMember" xlink:title="label: AeropuertosDelPeruSAMember to bap_AeropuertosDelPeruSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AbengoaTransmisionDelNorteSAMember" xlink:label="AbengoaTransmisionDelNorteSAMember" xlink:title="AbengoaTransmisionDelNorteSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_AbengoaTransmisionDelNorteSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AbengoaTransmisionDelNorteSAMember_lbl" xml:lang="en-US" id="bap_AbengoaTransmisionDelNorteSAMember_lbl">This member stands for Abengoa transmission del norte S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbengoaTransmisionDelNorteSAMember" xlink:to="bap_AbengoaTransmisionDelNorteSAMember_lbl" xlink:title="label: AbengoaTransmisionDelNorteSAMember to bap_AbengoaTransmisionDelNorteSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AbengoaTransmisionDelNorteSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AbengoaTransmisionDelNorteSAMember_lbl1" xml:lang="en-US" id="bap_AbengoaTransmisionDelNorteSAMember_lbl1">Abengoa transmision del norte S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbengoaTransmisionDelNorteSAMember" xlink:to="bap_AbengoaTransmisionDelNorteSAMember_lbl1" xlink:title="label: AbengoaTransmisionDelNorteSAMember to bap_AbengoaTransmisionDelNorteSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AbengoaTransmisionDelNorteSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AbengoaTransmisionDelNorteSAMember" xml:lang="en-US" id="bap_AbengoaTransmisionDelNorteSAMember">ATN S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AbengoaTransmisionDelNorteSAMember" xlink:to="bap_AbengoaTransmisionDelNorteSAMember" xlink:title="label: AbengoaTransmisionDelNorteSAMember to bap_AbengoaTransmisionDelNorteSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecuritizationInstrumentsAbstract" xlink:label="SecuritizationInstrumentsAbstract" xlink:title="SecuritizationInstrumentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_SecuritizationInstrumentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecuritizationInstrumentsAbstract_lbl1" xml:lang="en-US" id="bap_SecuritizationInstrumentsAbstract_lbl1">Securitization instruments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritizationInstrumentsAbstract" xlink:to="bap_SecuritizationInstrumentsAbstract_lbl1" xlink:title="label: SecuritizationInstrumentsAbstract to bap_SecuritizationInstrumentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecuritizationInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecuritizationInstrumentsAbstract" xml:lang="en-US" id="bap_SecuritizationInstrumentsAbstract">Securitization Instruments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuritizationInstrumentsAbstract" xlink:to="bap_SecuritizationInstrumentsAbstract" xlink:title="label: SecuritizationInstrumentsAbstract to bap_SecuritizationInstrumentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:label="InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:title="InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl" xml:lang="en-US" id="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl">The amount of investments without considering accrued interest or provision for credit loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:to="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl" xlink:title="label: InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss to bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl1" xml:lang="en-US" id="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl1">Investments without considering accrued interest or provision for credit loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:to="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl1" xlink:title="label: InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss to bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xml:lang="en-US" id="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss">Balance of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:to="bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" xlink:title="label: InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss to bap_InvestmentsWithoutConsideringAccruedInterestOrProvisionForCreditLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtSecuritiesAvailableForSale" xlink:label="DebtSecuritiesAvailableForSale" xlink:title="DebtSecuritiesAvailableForSale" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAvailableForSale_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtSecuritiesAvailableForSale_lbl" xml:lang="en-US" id="bap_DebtSecuritiesAvailableForSale_lbl">Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income .</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAvailableForSale" xlink:to="bap_DebtSecuritiesAvailableForSale_lbl" xlink:title="label: DebtSecuritiesAvailableForSale to bap_DebtSecuritiesAvailableForSale_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAvailableForSale_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtSecuritiesAvailableForSale_lbl1" xml:lang="en-US" id="bap_DebtSecuritiesAvailableForSale_lbl1">Debt securities available for sale</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAvailableForSale" xlink:to="bap_DebtSecuritiesAvailableForSale_lbl1" xlink:title="label: DebtSecuritiesAvailableForSale to bap_DebtSecuritiesAvailableForSale_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAvailableForSale" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DebtSecuritiesAvailableForSale" xml:lang="en-US" id="bap_DebtSecuritiesAvailableForSale">Balance of instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAvailableForSale" xlink:to="bap_DebtSecuritiesAvailableForSale" xlink:title="label: DebtSecuritiesAvailableForSale to bap_DebtSecuritiesAvailableForSale" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAvailableForSale_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtSecuritiesAvailableForSale_lbl2" xml:lang="en-US" id="bap_DebtSecuritiesAvailableForSale_lbl2">Estimated fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAvailableForSale" xlink:to="bap_DebtSecuritiesAvailableForSale_lbl2" xlink:title="label: DebtSecuritiesAvailableForSale to bap_DebtSecuritiesAvailableForSale_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FerreyrosSAMember" xlink:label="FerreyrosSAMember" xlink:title="FerreyrosSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_FerreyrosSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FerreyrosSAMember_lbl" xml:lang="en-US" id="bap_FerreyrosSAMember_lbl">This member stands for Ferreyros S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FerreyrosSAMember" xlink:to="bap_FerreyrosSAMember_lbl" xlink:title="label: FerreyrosSAMember to bap_FerreyrosSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FerreyrosSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FerreyrosSAMember_lbl1" xml:lang="en-US" id="bap_FerreyrosSAMember_lbl1">Ferreyros s.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FerreyrosSAMember" xlink:to="bap_FerreyrosSAMember_lbl1" xlink:title="label: FerreyrosSAMember to bap_FerreyrosSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FerreyrosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FerreyrosSAMember" xml:lang="en-US" id="bap_FerreyrosSAMember">Ferreyros S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FerreyrosSAMember" xlink:to="bap_FerreyrosSAMember" xlink:title="label: FerreyrosSAMember to bap_FerreyrosSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommitmentsAndContingenciesTable" xlink:label="CommitmentsAndContingenciesTable" xlink:title="CommitmentsAndContingenciesTable" />
    <link:label xlink:type="resource" xlink:label="bap_CommitmentsAndContingenciesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommitmentsAndContingenciesTable_lbl1" xml:lang="en-US" id="bap_CommitmentsAndContingenciesTable_lbl1">Commitments and Contingencies [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingenciesTable" xlink:to="bap_CommitmentsAndContingenciesTable_lbl1" xlink:title="label: CommitmentsAndContingenciesTable to bap_CommitmentsAndContingenciesTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UITsMember" xlink:label="UITsMember" xlink:title="UITsMember" />
    <link:label xlink:type="resource" xlink:label="bap_UITsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UITsMember_lbl" xml:lang="en-US" id="bap_UITsMember_lbl">This member stands for tax units (UITs by its acronym in Spanish).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UITsMember" xlink:to="bap_UITsMember_lbl" xlink:title="label: UITsMember to bap_UITsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UITsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UITsMember_lbl1" xml:lang="en-US" id="bap_UITsMember_lbl1">UITs [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UITsMember" xlink:to="bap_UITsMember_lbl1" xlink:title="label: UITsMember to bap_UITsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EventsAfterReportingPeriodMember" xlink:label="EventsAfterReportingPeriodMember" xlink:title="EventsAfterReportingPeriodMember" />
    <link:label xlink:type="resource" xlink:label="bap_EventsAfterReportingPeriodMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EventsAfterReportingPeriodMember_lbl" xml:lang="en-US" id="bap_EventsAfterReportingPeriodMember_lbl">This member stands for events that occur after the end of the reporting period and the date when the financial statements are authorized for issue and are indicative of conditions that arose after the reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EventsAfterReportingPeriodMember" xlink:to="bap_EventsAfterReportingPeriodMember_lbl" xlink:title="label: EventsAfterReportingPeriodMember to bap_EventsAfterReportingPeriodMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EventsAfterReportingPeriodMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EventsAfterReportingPeriodMember_lbl1" xml:lang="en-US" id="bap_EventsAfterReportingPeriodMember_lbl1">Events after reporting period [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EventsAfterReportingPeriodMember" xlink:to="bap_EventsAfterReportingPeriodMember_lbl1" xlink:title="label: EventsAfterReportingPeriodMember to bap_EventsAfterReportingPeriodMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EventsAfterReportingPeriodMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EventsAfterReportingPeriodMember" xml:lang="en-US" id="bap_EventsAfterReportingPeriodMember">Events After Reporting Period [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EventsAfterReportingPeriodMember" xlink:to="bap_EventsAfterReportingPeriodMember" xlink:title="label: EventsAfterReportingPeriodMember to bap_EventsAfterReportingPeriodMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MadoffTrusteeLitigationMember" xlink:label="MadoffTrusteeLitigationMember" xlink:title="MadoffTrusteeLitigationMember" />
    <link:label xlink:type="resource" xlink:label="bap_MadoffTrusteeLitigationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MadoffTrusteeLitigationMember_lbl" xml:lang="en-US" id="bap_MadoffTrusteeLitigationMember_lbl">This member stands for madoff trustee litigations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MadoffTrusteeLitigationMember" xlink:to="bap_MadoffTrusteeLitigationMember_lbl" xlink:title="label: MadoffTrusteeLitigationMember to bap_MadoffTrusteeLitigationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MadoffTrusteeLitigationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MadoffTrusteeLitigationMember_lbl1" xml:lang="en-US" id="bap_MadoffTrusteeLitigationMember_lbl1">Madoff trustee litigation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MadoffTrusteeLitigationMember" xlink:to="bap_MadoffTrusteeLitigationMember_lbl1" xlink:title="label: MadoffTrusteeLitigationMember to bap_MadoffTrusteeLitigationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MadoffTrusteeLitigationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MadoffTrusteeLitigationMember" xml:lang="en-US" id="bap_MadoffTrusteeLitigationMember">Madoff Trustee Litigation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MadoffTrusteeLitigationMember" xlink:to="bap_MadoffTrusteeLitigationMember" xlink:title="label: MadoffTrusteeLitigationMember to bap_MadoffTrusteeLitigationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MadoffAgreementMember" xlink:label="MadoffAgreementMember" xlink:title="MadoffAgreementMember" />
    <link:label xlink:type="resource" xlink:label="bap_MadoffAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MadoffAgreementMember_lbl" xml:lang="en-US" id="bap_MadoffAgreementMember_lbl">This member stands for a settlement and release agreement the Madoff Trustee and ASB Bank Corp. entered into.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MadoffAgreementMember" xlink:to="bap_MadoffAgreementMember_lbl" xlink:title="label: MadoffAgreementMember to bap_MadoffAgreementMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MadoffAgreementMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MadoffAgreementMember_lbl1" xml:lang="en-US" id="bap_MadoffAgreementMember_lbl1">Madoff Agreement [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MadoffAgreementMember" xlink:to="bap_MadoffAgreementMember_lbl1" xlink:title="label: MadoffAgreementMember to bap_MadoffAgreementMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SMVMember" xlink:label="SMVMember" xlink:title="SMVMember" />
    <link:label xlink:type="resource" xlink:label="bap_SMVMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SMVMember_lbl" xml:lang="en-US" id="bap_SMVMember_lbl">Peruvian Superintendencia del Mercado de Valores ('SMV' for its Spanish acronym)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SMVMember" xlink:to="bap_SMVMember_lbl" xlink:title="label: SMVMember to bap_SMVMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SMVMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SMVMember_lbl1" xml:lang="en-US" id="bap_SMVMember_lbl1">SMV [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SMVMember" xlink:to="bap_SMVMember_lbl1" xlink:title="label: SMVMember to bap_SMVMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PeruanosPorElKambioCampaignMember" xlink:label="PeruanosPorElKambioCampaignMember" xlink:title="PeruanosPorElKambioCampaignMember" />
    <link:label xlink:type="resource" xlink:label="bap_PeruanosPorElKambioCampaignMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PeruanosPorElKambioCampaignMember_lbl" xml:lang="en-US" id="bap_PeruanosPorElKambioCampaignMember_lbl">This member stands for Peruanos Por el Kambio campaign.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruanosPorElKambioCampaignMember" xlink:to="bap_PeruanosPorElKambioCampaignMember_lbl" xlink:title="label: PeruanosPorElKambioCampaignMember to bap_PeruanosPorElKambioCampaignMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PeruanosPorElKambioCampaignMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PeruanosPorElKambioCampaignMember_lbl1" xml:lang="en-US" id="bap_PeruanosPorElKambioCampaignMember_lbl1">Peruanos Por El Kambio Campaign [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruanosPorElKambioCampaignMember" xlink:to="bap_PeruanosPorElKambioCampaignMember_lbl1" xlink:title="label: PeruanosPorElKambioCampaignMember to bap_PeruanosPorElKambioCampaignMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PeruanosPorElKambioCampaignMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PeruanosPorElKambioCampaignMember" xml:lang="en-US" id="bap_PeruanosPorElKambioCampaignMember">Peruanos Por el Kambio Campaign [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeruanosPorElKambioCampaignMember" xlink:to="bap_PeruanosPorElKambioCampaignMember" xlink:title="label: PeruanosPorElKambioCampaignMember to bap_PeruanosPorElKambioCampaignMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FuerzaPopular2011CampaignMember" xlink:label="FuerzaPopular2011CampaignMember" xlink:title="FuerzaPopular2011CampaignMember" />
    <link:label xlink:type="resource" xlink:label="bap_FuerzaPopular2011CampaignMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FuerzaPopular2011CampaignMember_lbl" xml:lang="en-US" id="bap_FuerzaPopular2011CampaignMember_lbl">This member stands for Fuerza Popular 2011 Campaign.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuerzaPopular2011CampaignMember" xlink:to="bap_FuerzaPopular2011CampaignMember_lbl" xlink:title="label: FuerzaPopular2011CampaignMember to bap_FuerzaPopular2011CampaignMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FuerzaPopular2011CampaignMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FuerzaPopular2011CampaignMember_lbl1" xml:lang="en-US" id="bap_FuerzaPopular2011CampaignMember_lbl1">Fuerza Popular 2011 Campaign [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FuerzaPopular2011CampaignMember" xlink:to="bap_FuerzaPopular2011CampaignMember_lbl1" xlink:title="label: FuerzaPopular2011CampaignMember to bap_FuerzaPopular2011CampaignMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairfieldLiquidatorLitigationMember" xlink:label="FairfieldLiquidatorLitigationMember" xlink:title="FairfieldLiquidatorLitigationMember" />
    <link:label xlink:type="resource" xlink:label="bap_FairfieldLiquidatorLitigationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FairfieldLiquidatorLitigationMember_lbl" xml:lang="en-US" id="bap_FairfieldLiquidatorLitigationMember_lbl">This member stands for fairfield liquidator litigation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairfieldLiquidatorLitigationMember" xlink:to="bap_FairfieldLiquidatorLitigationMember_lbl" xlink:title="label: FairfieldLiquidatorLitigationMember to bap_FairfieldLiquidatorLitigationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FairfieldLiquidatorLitigationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairfieldLiquidatorLitigationMember_lbl1" xml:lang="en-US" id="bap_FairfieldLiquidatorLitigationMember_lbl1">Fairfield Liquidator Litigation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairfieldLiquidatorLitigationMember" xlink:to="bap_FairfieldLiquidatorLitigationMember_lbl1" xlink:title="label: FairfieldLiquidatorLitigationMember to bap_FairfieldLiquidatorLitigationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FairfieldLiquidatorLitigationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FairfieldLiquidatorLitigationMember" xml:lang="en-US" id="bap_FairfieldLiquidatorLitigationMember">Fairfield Litigation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairfieldLiquidatorLitigationMember" xlink:to="bap_FairfieldLiquidatorLitigationMember" xlink:title="label: FairfieldLiquidatorLitigationMember to bap_FairfieldLiquidatorLitigationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_Subsection16Member" xlink:label="Subsection16Member" xlink:title="Subsection16Member" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection16Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_Subsection16Member_lbl" xml:lang="en-US" id="bap_Subsection16Member_lbl">Subsection 1.6</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection16Member" xlink:to="bap_Subsection16Member_lbl" xlink:title="label: Subsection16Member to bap_Subsection16Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection16Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_Subsection16Member_lbl1" xml:lang="en-US" id="bap_Subsection16Member_lbl1">Subsection 1.6 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection16Member" xlink:to="bap_Subsection16Member_lbl1" xlink:title="label: Subsection16Member to bap_Subsection16Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection16Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_Subsection16Member" xml:lang="en-US" id="bap_Subsection16Member">Subsection 1.6 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection16Member" xlink:to="bap_Subsection16Member" xlink:title="label: Subsection16Member to bap_Subsection16Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_Subsection15Member" xlink:label="Subsection15Member" xlink:title="Subsection15Member" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection15Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_Subsection15Member_lbl" xml:lang="en-US" id="bap_Subsection15Member_lbl">Subsection 1.5</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection15Member" xlink:to="bap_Subsection15Member_lbl" xlink:title="label: Subsection15Member to bap_Subsection15Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection15Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_Subsection15Member_lbl1" xml:lang="en-US" id="bap_Subsection15Member_lbl1">Subsection 1.5 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection15Member" xlink:to="bap_Subsection15Member_lbl1" xlink:title="label: Subsection15Member to bap_Subsection15Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_Subsection15Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_Subsection15Member" xml:lang="en-US" id="bap_Subsection15Member">Subsection 1.5 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Subsection15Member" xlink:to="bap_Subsection15Member" xlink:title="label: Subsection15Member to bap_Subsection15Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommitmentsAndContingenciesLineItems" xlink:label="CommitmentsAndContingenciesLineItems" xlink:title="CommitmentsAndContingenciesLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_CommitmentsAndContingenciesLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommitmentsAndContingenciesLineItems_lbl1" xml:lang="en-US" id="bap_CommitmentsAndContingenciesLineItems_lbl1">Commitments and Contingencies [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommitmentsAndContingenciesLineItems" xlink:to="bap_CommitmentsAndContingenciesLineItems_lbl1" xlink:title="label: CommitmentsAndContingenciesLineItems to bap_CommitmentsAndContingenciesLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LegalClaimContingenciesAbstract" xlink:label="LegalClaimContingenciesAbstract" xlink:title="LegalClaimContingenciesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_LegalClaimContingenciesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LegalClaimContingenciesAbstract_lbl1" xml:lang="en-US" id="bap_LegalClaimContingenciesAbstract_lbl1">Legal claim contingencies [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalClaimContingenciesAbstract" xlink:to="bap_LegalClaimContingenciesAbstract_lbl1" xlink:title="label: LegalClaimContingenciesAbstract to bap_LegalClaimContingenciesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LegalClaimContingenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LegalClaimContingenciesAbstract" xml:lang="en-US" id="bap_LegalClaimContingenciesAbstract">Legal claim contingencies [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LegalClaimContingenciesAbstract" xlink:to="bap_LegalClaimContingenciesAbstract" xlink:title="label: LegalClaimContingenciesAbstract to bap_LegalClaimContingenciesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PrincipalAmountOnRedemptions" xlink:label="PrincipalAmountOnRedemptions" xlink:title="PrincipalAmountOnRedemptions" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalAmountOnRedemptions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PrincipalAmountOnRedemptions_lbl" xml:lang="en-US" id="bap_PrincipalAmountOnRedemptions_lbl">The amount represents on principal amount on redemptions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalAmountOnRedemptions" xlink:to="bap_PrincipalAmountOnRedemptions_lbl" xlink:title="label: PrincipalAmountOnRedemptions to bap_PrincipalAmountOnRedemptions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalAmountOnRedemptions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PrincipalAmountOnRedemptions_lbl1" xml:lang="en-US" id="bap_PrincipalAmountOnRedemptions_lbl1">Principal Amount on Redemptions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalAmountOnRedemptions" xlink:to="bap_PrincipalAmountOnRedemptions_lbl1" xlink:title="label: PrincipalAmountOnRedemptions to bap_PrincipalAmountOnRedemptions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PrincipalAmountOnRedemptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PrincipalAmountOnRedemptions" xml:lang="en-US" id="bap_PrincipalAmountOnRedemptions">Principal amount on redemptions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrincipalAmountOnRedemptions" xlink:to="bap_PrincipalAmountOnRedemptions" xlink:title="label: PrincipalAmountOnRedemptions to bap_PrincipalAmountOnRedemptions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfSubsidiariesMadeDonations" xlink:label="NumberOfSubsidiariesMadeDonations" xlink:title="NumberOfSubsidiariesMadeDonations" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfSubsidiariesMadeDonations_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfSubsidiariesMadeDonations_lbl" xml:lang="en-US" id="bap_NumberOfSubsidiariesMadeDonations_lbl">Number of subsidiaries made donations to the Peruanos Por el Kambio campaign.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSubsidiariesMadeDonations" xlink:to="bap_NumberOfSubsidiariesMadeDonations_lbl" xlink:title="label: NumberOfSubsidiariesMadeDonations to bap_NumberOfSubsidiariesMadeDonations_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfSubsidiariesMadeDonations_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfSubsidiariesMadeDonations_lbl1" xml:lang="en-US" id="bap_NumberOfSubsidiariesMadeDonations_lbl1">Number of subsidiaries made donations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSubsidiariesMadeDonations" xlink:to="bap_NumberOfSubsidiariesMadeDonations_lbl1" xlink:title="label: NumberOfSubsidiariesMadeDonations to bap_NumberOfSubsidiariesMadeDonations_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfSubsidiariesMadeDonations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfSubsidiariesMadeDonations" xml:lang="en-US" id="bap_NumberOfSubsidiariesMadeDonations">Number of subsidiaries made donations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfSubsidiariesMadeDonations" xlink:to="bap_NumberOfSubsidiariesMadeDonations" xlink:title="label: NumberOfSubsidiariesMadeDonations to bap_NumberOfSubsidiariesMadeDonations" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SettlementAgreementAmount" xlink:label="SettlementAgreementAmount" xlink:title="SettlementAgreementAmount" />
    <link:label xlink:type="resource" xlink:label="bap_SettlementAgreementAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SettlementAgreementAmount_lbl" xml:lang="en-US" id="bap_SettlementAgreementAmount_lbl">Amount awarded from other party to claimants in judgment or settlement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SettlementAgreementAmount" xlink:to="bap_SettlementAgreementAmount_lbl" xlink:title="label: SettlementAgreementAmount to bap_SettlementAgreementAmount_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SettlementAgreementAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SettlementAgreementAmount_lbl1" xml:lang="en-US" id="bap_SettlementAgreementAmount_lbl1">Settlement agreement amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SettlementAgreementAmount" xlink:to="bap_SettlementAgreementAmount_lbl1" xlink:title="label: SettlementAgreementAmount to bap_SettlementAgreementAmount_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SettlementAgreementAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SettlementAgreementAmount" xml:lang="en-US" id="bap_SettlementAgreementAmount">Settlement agreement amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SettlementAgreementAmount" xlink:to="bap_SettlementAgreementAmount" xlink:title="label: SettlementAgreementAmount to bap_SettlementAgreementAmount" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:label="LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:title="LossContingencyLitigationCaseOnNumberOfIndividuals" />
    <link:label xlink:type="resource" xlink:label="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl" xml:lang="en-US" id="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl">The loss contingency, litigation case on number of individuals.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:to="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl" xlink:title="label: LossContingencyLitigationCaseOnNumberOfIndividuals to bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl1" xml:lang="en-US" id="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl1">Loss contingency, litigation case on number of individuals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:to="bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl1" xlink:title="label: LossContingencyLitigationCaseOnNumberOfIndividuals to bap_LossContingencyLitigationCaseOnNumberOfIndividuals_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LossContingencyLitigationCaseOnNumberOfIndividuals" xml:lang="en-US" id="bap_LossContingencyLitigationCaseOnNumberOfIndividuals">Number of individuals</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:to="bap_LossContingencyLitigationCaseOnNumberOfIndividuals" xlink:title="label: LossContingencyLitigationCaseOnNumberOfIndividuals to bap_LossContingencyLitigationCaseOnNumberOfIndividuals" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativesHeldAsHedgesMember" xlink:label="DerivativesHeldAsHedgesMember" xlink:title="DerivativesHeldAsHedgesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldAsHedgesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativesHeldAsHedgesMember_lbl" xml:lang="en-US" id="bap_DerivativesHeldAsHedgesMember_lbl">This member stands for derivatives held as hedges.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldAsHedgesMember" xlink:to="bap_DerivativesHeldAsHedgesMember_lbl" xlink:title="label: DerivativesHeldAsHedgesMember to bap_DerivativesHeldAsHedgesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldAsHedgesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativesHeldAsHedgesMember_lbl1" xml:lang="en-US" id="bap_DerivativesHeldAsHedgesMember_lbl1">Derivatives held as hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldAsHedgesMember" xlink:to="bap_DerivativesHeldAsHedgesMember_lbl1" xlink:title="label: DerivativesHeldAsHedgesMember to bap_DerivativesHeldAsHedgesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldAsHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativesHeldAsHedgesMember" xml:lang="en-US" id="bap_DerivativesHeldAsHedgesMember">Derivatives Held as Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldAsHedgesMember" xlink:to="bap_DerivativesHeldAsHedgesMember" xlink:title="label: DerivativesHeldAsHedgesMember to bap_DerivativesHeldAsHedgesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NegotiableCertificatesOfDepositsMember" xlink:label="NegotiableCertificatesOfDepositsMember" xlink:title="NegotiableCertificatesOfDepositsMember" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NegotiableCertificatesOfDepositsMember_lbl" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositsMember_lbl">This member stands for negotiable certificate of deposits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositsMember" xlink:to="bap_NegotiableCertificatesOfDepositsMember_lbl" xlink:title="label: NegotiableCertificatesOfDepositsMember to bap_NegotiableCertificatesOfDepositsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NegotiableCertificatesOfDepositsMember_lbl1" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositsMember_lbl1">Negotiable certificates of deposits [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositsMember" xlink:to="bap_NegotiableCertificatesOfDepositsMember_lbl1" xlink:title="label: NegotiableCertificatesOfDepositsMember to bap_NegotiableCertificatesOfDepositsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NegotiableCertificatesOfDepositsMember" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositsMember">Negotiable Certificates of Deposits [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositsMember" xlink:to="bap_NegotiableCertificatesOfDepositsMember" xlink:title="label: NegotiableCertificatesOfDepositsMember to bap_NegotiableCertificatesOfDepositsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RepurchasesAgreementMember" xlink:label="RepurchasesAgreementMember" xlink:title="RepurchasesAgreementMember" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchasesAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RepurchasesAgreementMember_lbl" xml:lang="en-US" id="bap_RepurchasesAgreementMember_lbl">This member stands for repurchases agreement.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchasesAgreementMember" xlink:to="bap_RepurchasesAgreementMember_lbl" xlink:title="label: RepurchasesAgreementMember to bap_RepurchasesAgreementMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchasesAgreementMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RepurchasesAgreementMember_lbl1" xml:lang="en-US" id="bap_RepurchasesAgreementMember_lbl1">Repurchases agreement [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchasesAgreementMember" xlink:to="bap_RepurchasesAgreementMember_lbl1" xlink:title="label: RepurchasesAgreementMember to bap_RepurchasesAgreementMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchasesAgreementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RepurchasesAgreementMember" xml:lang="en-US" id="bap_RepurchasesAgreementMember">Repurchase Agreement [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchasesAgreementMember" xlink:to="bap_RepurchasesAgreementMember" xlink:title="label: RepurchasesAgreementMember to bap_RepurchasesAgreementMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:label="MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:title="MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract_lbl1" xml:lang="en-US" id="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract_lbl1">Maturities and annual market rates of investments at fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:to="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract_lbl1" xlink:title="label: MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract to bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xml:lang="en-US" id="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract">Maturities and Annual Market Rates of Investments at Fair Value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:to="bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" xlink:title="label: MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract to bap_MaturitiesAndAnnualMarketRatesOfInvestmentsAtFairValueAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:label="EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:title="EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl" xml:lang="en-US" id="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl">The effective interest rate of financial assets classified out of the available-for-sale measurement category.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:to="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl" xlink:title="label: EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets to bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl1" xml:lang="en-US" id="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl1">Effective interest rate of financial assets classified out of available for sale financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:to="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl1" xlink:title="label: EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets to bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xml:lang="en-US" id="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets">Annual effective interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:to="bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" xlink:title="label: EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets to bap_EffectiveInterestRateOfFinancialAssetsClassifiedOutOfAvailableForSaleFinancialAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentTransactionsAbstract" xlink:label="InvestmentTransactionsAbstract" xlink:title="InvestmentTransactionsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentTransactionsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentTransactionsAbstract_lbl1" xml:lang="en-US" id="bap_InvestmentTransactionsAbstract_lbl1">Investment transactions [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentTransactionsAbstract" xlink:to="bap_InvestmentTransactionsAbstract_lbl1" xlink:title="label: InvestmentTransactionsAbstract to bap_InvestmentTransactionsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentTransactionsAbstract" xml:lang="en-US" id="bap_InvestmentTransactionsAbstract">Investment transactions [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentTransactionsAbstract" xlink:to="bap_InvestmentTransactionsAbstract" xlink:title="label: InvestmentTransactionsAbstract to bap_InvestmentTransactionsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfCorporateBondsIssued" xlink:label="PercentageOfCorporateBondsIssued" xlink:title="PercentageOfCorporateBondsIssued" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCorporateBondsIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfCorporateBondsIssued_lbl" xml:lang="en-US" id="bap_PercentageOfCorporateBondsIssued_lbl">Represents the percentage of corporate bonds issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCorporateBondsIssued" xlink:to="bap_PercentageOfCorporateBondsIssued_lbl" xlink:title="label: PercentageOfCorporateBondsIssued to bap_PercentageOfCorporateBondsIssued_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCorporateBondsIssued_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfCorporateBondsIssued_lbl1" xml:lang="en-US" id="bap_PercentageOfCorporateBondsIssued_lbl1">Percentage of Corporate Bonds Issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCorporateBondsIssued" xlink:to="bap_PercentageOfCorporateBondsIssued_lbl1" xlink:title="label: PercentageOfCorporateBondsIssued to bap_PercentageOfCorporateBondsIssued_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCorporateBondsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfCorporateBondsIssued" xml:lang="en-US" id="bap_PercentageOfCorporateBondsIssued">Percentage of corporate bonds issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCorporateBondsIssued" xlink:to="bap_PercentageOfCorporateBondsIssued" xlink:title="label: PercentageOfCorporateBondsIssued to bap_PercentageOfCorporateBondsIssued" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:label="DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:title="DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl" xml:lang="en-US" id="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl">The description of maturity of financial assets classified out of available-for-sale financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:to="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl" xlink:title="label: DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets to bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl1" xml:lang="en-US" id="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl1">Description Of Maturity Of Financial Assets Classified Out Of Availableforsale Financial Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:to="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl1" xlink:title="label: DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets to bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xml:lang="en-US" id="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets">Maturity of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:to="bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" xlink:title="label: DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets to bap_DescriptionOfMaturityOfFinancialAssetsClassifiedOutOfAvailableforsaleFinancialAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InOtherCountriesMember" xlink:label="InOtherCountriesMember" xlink:title="InOtherCountriesMember" />
    <link:label xlink:type="resource" xlink:label="bap_InOtherCountriesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InOtherCountriesMember_lbl" xml:lang="en-US" id="bap_InOtherCountriesMember_lbl">This member stands for in other countries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InOtherCountriesMember" xlink:to="bap_InOtherCountriesMember_lbl" xlink:title="label: InOtherCountriesMember to bap_InOtherCountriesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InOtherCountriesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InOtherCountriesMember_lbl1" xml:lang="en-US" id="bap_InOtherCountriesMember_lbl1">In other countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InOtherCountriesMember" xlink:to="bap_InOtherCountriesMember_lbl1" xlink:title="label: InOtherCountriesMember to bap_InOtherCountriesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InOtherCountriesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InOtherCountriesMember" xml:lang="en-US" id="bap_InOtherCountriesMember">Other Countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InOtherCountriesMember" xlink:to="bap_InOtherCountriesMember" xlink:title="label: InOtherCountriesMember to bap_InOtherCountriesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InversionesNacionalesDeTurismoMember" xlink:label="InversionesNacionalesDeTurismoMember" xlink:title="InversionesNacionalesDeTurismoMember" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesNacionalesDeTurismoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InversionesNacionalesDeTurismoMember_lbl" xml:lang="en-US" id="bap_InversionesNacionalesDeTurismoMember_lbl">This member stands for Inversiones Nacionales de Turismo.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesNacionalesDeTurismoMember" xlink:to="bap_InversionesNacionalesDeTurismoMember_lbl" xlink:title="label: InversionesNacionalesDeTurismoMember to bap_InversionesNacionalesDeTurismoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesNacionalesDeTurismoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InversionesNacionalesDeTurismoMember_lbl1" xml:lang="en-US" id="bap_InversionesNacionalesDeTurismoMember_lbl1">Inversiones Nacionales de Turismo [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesNacionalesDeTurismoMember" xlink:to="bap_InversionesNacionalesDeTurismoMember_lbl1" xlink:title="label: InversionesNacionalesDeTurismoMember to bap_InversionesNacionalesDeTurismoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesNacionalesDeTurismoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InversionesNacionalesDeTurismoMember" xml:lang="en-US" id="bap_InversionesNacionalesDeTurismoMember">Inversiones Nacionales de Turismo [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesNacionalesDeTurismoMember" xlink:to="bap_InversionesNacionalesDeTurismoMember" xlink:title="label: InversionesNacionalesDeTurismoMember to bap_InversionesNacionalesDeTurismoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NegotiableCertificatesOfDepositMember" xlink:label="NegotiableCertificatesOfDepositMember" xlink:title="NegotiableCertificatesOfDepositMember" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NegotiableCertificatesOfDepositMember_lbl" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositMember_lbl">This member stands for negotiable certificates of deposit.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositMember" xlink:to="bap_NegotiableCertificatesOfDepositMember_lbl" xlink:title="label: NegotiableCertificatesOfDepositMember to bap_NegotiableCertificatesOfDepositMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NegotiableCertificatesOfDepositMember_lbl1" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositMember_lbl1">Negotiable certificates of deposit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositMember" xlink:to="bap_NegotiableCertificatesOfDepositMember_lbl1" xlink:title="label: NegotiableCertificatesOfDepositMember to bap_NegotiableCertificatesOfDepositMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NegotiableCertificatesOfDepositMember" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositMember">Negotiable Certificates of Deposit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositMember" xlink:to="bap_NegotiableCertificatesOfDepositMember" xlink:title="label: NegotiableCertificatesOfDepositMember to bap_NegotiableCertificatesOfDepositMember" />
    <link:label xlink:type="resource" xlink:label="bap_NegotiableCertificatesOfDepositMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NegotiableCertificatesOfDepositMember_lbl2" xml:lang="en-US" id="bap_NegotiableCertificatesOfDepositMember_lbl2">Negotiable Certificates of Deposit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NegotiableCertificatesOfDepositMember" xlink:to="bap_NegotiableCertificatesOfDepositMember_lbl2" xlink:title="label: NegotiableCertificatesOfDepositMember to bap_NegotiableCertificatesOfDepositMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtInstrumentAbstract" xlink:label="DebtInstrumentAbstract" xlink:title="DebtInstrumentAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtInstrumentAbstract_lbl1" xml:lang="en-US" id="bap_DebtInstrumentAbstract_lbl1">Debt instrument [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentAbstract" xlink:to="bap_DebtInstrumentAbstract_lbl1" xlink:title="label: DebtInstrumentAbstract to bap_DebtInstrumentAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtInstrumentAbstract" xml:lang="en-US" id="bap_DebtInstrumentAbstract">Debt instruments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentAbstract" xlink:to="bap_DebtInstrumentAbstract" xlink:title="label: DebtInstrumentAbstract to bap_DebtInstrumentAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:label="EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:title="EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract_lbl1" xml:lang="en-US" id="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract_lbl1">Equity instruments designated at the initial recognition [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:to="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract_lbl1" xlink:title="label: EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract to bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xml:lang="en-US" id="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract">Equity instruments designated at the initial recognition [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:to="bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" xlink:title="label: EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract to bap_EquityInstrumentsDesignatedAtTheInitialRecognitionAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesAtEstimatedFairValue" xlink:label="EquitySecuritiesAtEstimatedFairValue" xlink:title="EquitySecuritiesAtEstimatedFairValue" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAtEstimatedFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesAtEstimatedFairValue_lbl" xml:lang="en-US" id="bap_EquitySecuritiesAtEstimatedFairValue_lbl">Amount of investment in equity security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAtEstimatedFairValue" xlink:to="bap_EquitySecuritiesAtEstimatedFairValue_lbl" xlink:title="label: EquitySecuritiesAtEstimatedFairValue to bap_EquitySecuritiesAtEstimatedFairValue_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAtEstimatedFairValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesAtEstimatedFairValue_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesAtEstimatedFairValue_lbl1">Equity securities at estimated fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAtEstimatedFairValue" xlink:to="bap_EquitySecuritiesAtEstimatedFairValue_lbl1" xlink:title="label: EquitySecuritiesAtEstimatedFairValue to bap_EquitySecuritiesAtEstimatedFairValue_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAtEstimatedFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitySecuritiesAtEstimatedFairValue" xml:lang="en-US" id="bap_EquitySecuritiesAtEstimatedFairValue">Estimated fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAtEstimatedFairValue" xlink:to="bap_EquitySecuritiesAtEstimatedFairValue" xlink:title="label: EquitySecuritiesAtEstimatedFairValue to bap_EquitySecuritiesAtEstimatedFairValue" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesUnrealizedGain" xlink:label="EquitySecuritiesUnrealizedGain" xlink:title="EquitySecuritiesUnrealizedGain" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedGain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesUnrealizedGain_lbl" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedGain_lbl">Amount of unrealized gain on investment in equity security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedGain" xlink:to="bap_EquitySecuritiesUnrealizedGain_lbl" xlink:title="label: EquitySecuritiesUnrealizedGain to bap_EquitySecuritiesUnrealizedGain_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedGain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesUnrealizedGain_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedGain_lbl1">Equity securities unrealized gain</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedGain" xlink:to="bap_EquitySecuritiesUnrealizedGain_lbl1" xlink:title="label: EquitySecuritiesUnrealizedGain to bap_EquitySecuritiesUnrealizedGain_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitySecuritiesUnrealizedGain" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedGain">Unrealized gross amount, profits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedGain" xlink:to="bap_EquitySecuritiesUnrealizedGain" xlink:title="label: EquitySecuritiesUnrealizedGain to bap_EquitySecuritiesUnrealizedGain" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesAmortizedCost" xlink:label="EquitySecuritiesAmortizedCost" xlink:title="EquitySecuritiesAmortizedCost" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesAmortizedCost_lbl" xml:lang="en-US" id="bap_EquitySecuritiesAmortizedCost_lbl">Cost of investment in equity security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAmortizedCost" xlink:to="bap_EquitySecuritiesAmortizedCost_lbl" xlink:title="label: EquitySecuritiesAmortizedCost to bap_EquitySecuritiesAmortizedCost_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAmortizedCost_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesAmortizedCost_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesAmortizedCost_lbl1">Equity securities amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAmortizedCost" xlink:to="bap_EquitySecuritiesAmortizedCost_lbl1" xlink:title="label: EquitySecuritiesAmortizedCost to bap_EquitySecuritiesAmortizedCost_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_EquitySecuritiesAmortizedCost" xml:lang="en-US" id="bap_EquitySecuritiesAmortizedCost">Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAmortizedCost" xlink:to="bap_EquitySecuritiesAmortizedCost" xlink:title="label: EquitySecuritiesAmortizedCost to bap_EquitySecuritiesAmortizedCost" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAccruedInterest" xlink:label="FinancialAssetsAccruedInterest" xlink:title="FinancialAssetsAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsAccruedInterest_lbl">The amount of accrued interest on financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAccruedInterest" xlink:to="bap_FinancialAssetsAccruedInterest_lbl" xlink:title="label: FinancialAssetsAccruedInterest to bap_FinancialAssetsAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAccruedInterest_lbl1">Financial assets accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAccruedInterest" xlink:to="bap_FinancialAssetsAccruedInterest_lbl1" xlink:title="label: FinancialAssetsAccruedInterest to bap_FinancialAssetsAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsAccruedInterest">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAccruedInterest" xlink:to="bap_FinancialAssetsAccruedInterest" xlink:title="label: FinancialAssetsAccruedInterest to bap_FinancialAssetsAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:label="DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:title="DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract_lbl1" xml:lang="en-US" id="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract_lbl1">Debt and Equity investments, Balance before accrued interest [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:to="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract_lbl1" xlink:title="label: DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract to bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xml:lang="en-US" id="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract">Balance before accrued interest [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:to="bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" xlink:title="label: DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract to bap_DebtAndEquityInvestmentsBalanceBeforeAccruedInterestAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainsOnFinancialAssetsBeforeAccruedInterest" xlink:label="GainsOnFinancialAssetsBeforeAccruedInterest" xlink:title="GainsOnFinancialAssetsBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl">The gains on financial assets before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl" xlink:title="label: GainsOnFinancialAssetsBeforeAccruedInterest to bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl1">Gains on financial assets before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl1" xlink:title="label: GainsOnFinancialAssetsBeforeAccruedInterest to bap_GainsOnFinancialAssetsBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnFinancialAssetsBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainsOnFinancialAssetsBeforeAccruedInterest" xml:lang="en-US" id="bap_GainsOnFinancialAssetsBeforeAccruedInterest">Unrealized gross amount, gains</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_GainsOnFinancialAssetsBeforeAccruedInterest" xlink:title="label: GainsOnFinancialAssetsBeforeAccruedInterest to bap_GainsOnFinancialAssetsBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LossesOnFinancialAssetsBeforeAccruedInterest" xlink:label="LossesOnFinancialAssetsBeforeAccruedInterest" xlink:title="LossesOnFinancialAssetsBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl">The losses on financial assets before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl" xlink:title="label: LossesOnFinancialAssetsBeforeAccruedInterest to bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl1">Losses on financial assets before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl1" xlink:title="label: LossesOnFinancialAssetsBeforeAccruedInterest to bap_LossesOnFinancialAssetsBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LossesOnFinancialAssetsBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_LossesOnFinancialAssetsBeforeAccruedInterest" xml:lang="en-US" id="bap_LossesOnFinancialAssetsBeforeAccruedInterest">Unrealized gross amount, losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesOnFinancialAssetsBeforeAccruedInterest" xlink:to="bap_LossesOnFinancialAssetsBeforeAccruedInterest" xlink:title="label: LossesOnFinancialAssetsBeforeAccruedInterest to bap_LossesOnFinancialAssetsBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtSecuritiesGrossUnrealizedGain" xlink:label="DebtSecuritiesGrossUnrealizedGain" xlink:title="DebtSecuritiesGrossUnrealizedGain" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedGain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtSecuritiesGrossUnrealizedGain_lbl" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedGain_lbl">Amount of unrealized gain on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedGain" xlink:to="bap_DebtSecuritiesGrossUnrealizedGain_lbl" xlink:title="label: DebtSecuritiesGrossUnrealizedGain to bap_DebtSecuritiesGrossUnrealizedGain_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedGain_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtSecuritiesGrossUnrealizedGain_lbl1" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedGain_lbl1">Debt securities gross unrealized gain</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedGain" xlink:to="bap_DebtSecuritiesGrossUnrealizedGain_lbl1" xlink:title="label: DebtSecuritiesGrossUnrealizedGain to bap_DebtSecuritiesGrossUnrealizedGain_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtSecuritiesGrossUnrealizedGain" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedGain">Unrealized gross amount, profits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedGain" xlink:to="bap_DebtSecuritiesGrossUnrealizedGain" xlink:title="label: DebtSecuritiesGrossUnrealizedGain to bap_DebtSecuritiesGrossUnrealizedGain" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesUnrealizedLoss" xlink:label="EquitySecuritiesUnrealizedLoss" xlink:title="EquitySecuritiesUnrealizedLoss" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesUnrealizedLoss_lbl" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedLoss_lbl">Amount of unrealized loss on investment in equity security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedLoss" xlink:to="bap_EquitySecuritiesUnrealizedLoss_lbl" xlink:title="label: EquitySecuritiesUnrealizedLoss to bap_EquitySecuritiesUnrealizedLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesUnrealizedLoss_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedLoss_lbl1">Equity securities unrealized loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedLoss" xlink:to="bap_EquitySecuritiesUnrealizedLoss_lbl1" xlink:title="label: EquitySecuritiesUnrealizedLoss to bap_EquitySecuritiesUnrealizedLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesUnrealizedLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_EquitySecuritiesUnrealizedLoss" xml:lang="en-US" id="bap_EquitySecuritiesUnrealizedLoss">Unrealized gross amount, losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesUnrealizedLoss" xlink:to="bap_EquitySecuritiesUnrealizedLoss" xlink:title="label: EquitySecuritiesUnrealizedLoss to bap_EquitySecuritiesUnrealizedLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtSecuritiesGrossUnrealizedLoss" xlink:label="DebtSecuritiesGrossUnrealizedLoss" xlink:title="DebtSecuritiesGrossUnrealizedLoss" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtSecuritiesGrossUnrealizedLoss_lbl" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedLoss_lbl">Amount of unrealized loss on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedLoss" xlink:to="bap_DebtSecuritiesGrossUnrealizedLoss_lbl" xlink:title="label: DebtSecuritiesGrossUnrealizedLoss to bap_DebtSecuritiesGrossUnrealizedLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtSecuritiesGrossUnrealizedLoss_lbl1" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedLoss_lbl1">Debt securities gross unrealized loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedLoss" xlink:to="bap_DebtSecuritiesGrossUnrealizedLoss_lbl1" xlink:title="label: DebtSecuritiesGrossUnrealizedLoss to bap_DebtSecuritiesGrossUnrealizedLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesGrossUnrealizedLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DebtSecuritiesGrossUnrealizedLoss" xml:lang="en-US" id="bap_DebtSecuritiesGrossUnrealizedLoss">Unrealized gross amount, losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesGrossUnrealizedLoss" xlink:to="bap_DebtSecuritiesGrossUnrealizedLoss" xlink:title="label: DebtSecuritiesGrossUnrealizedLoss to bap_DebtSecuritiesGrossUnrealizedLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:label="FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:title="FinancialAssetsAtAmortizedCostBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl">The amount of financial assets at amortized cost before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl" xlink:title="label: FinancialAssetsAtAmortizedCostBeforeAccruedInterest to bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl1">Financial assets at amortized cost before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl1" xlink:title="label: FinancialAssetsAtAmortizedCostBeforeAccruedInterest to bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest">Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest" xlink:title="label: FinancialAssetsAtAmortizedCostBeforeAccruedInterest to bap_FinancialAssetsAtAmortizedCostBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HoldingBursatilRegionalSAMember" xlink:label="HoldingBursatilRegionalSAMember" xlink:title="HoldingBursatilRegionalSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilRegionalSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HoldingBursatilRegionalSAMember_lbl" xml:lang="en-US" id="bap_HoldingBursatilRegionalSAMember_lbl">This member stands for Holding Bursatil Regional S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilRegionalSAMember" xlink:to="bap_HoldingBursatilRegionalSAMember_lbl" xlink:title="label: HoldingBursatilRegionalSAMember to bap_HoldingBursatilRegionalSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilRegionalSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HoldingBursatilRegionalSAMember_lbl1" xml:lang="en-US" id="bap_HoldingBursatilRegionalSAMember_lbl1">Holding Bursatil Regional S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilRegionalSAMember" xlink:to="bap_HoldingBursatilRegionalSAMember_lbl1" xlink:title="label: HoldingBursatilRegionalSAMember to bap_HoldingBursatilRegionalSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilRegionalSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HoldingBursatilRegionalSAMember" xml:lang="en-US" id="bap_HoldingBursatilRegionalSAMember">Holding Bursatil Regional S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilRegionalSAMember" xlink:to="bap_HoldingBursatilRegionalSAMember" xlink:title="label: HoldingBursatilRegionalSAMember to bap_HoldingBursatilRegionalSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CompaniaUniversalTextilSAMember" xlink:label="CompaniaUniversalTextilSAMember" xlink:title="CompaniaUniversalTextilSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaUniversalTextilSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CompaniaUniversalTextilSAMember_lbl" xml:lang="en-US" id="bap_CompaniaUniversalTextilSAMember_lbl">This member stands for compania universal textil s.a.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaUniversalTextilSAMember" xlink:to="bap_CompaniaUniversalTextilSAMember_lbl" xlink:title="label: CompaniaUniversalTextilSAMember to bap_CompaniaUniversalTextilSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaUniversalTextilSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CompaniaUniversalTextilSAMember_lbl1" xml:lang="en-US" id="bap_CompaniaUniversalTextilSAMember_lbl1">Compania universal textil s.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaUniversalTextilSAMember" xlink:to="bap_CompaniaUniversalTextilSAMember_lbl1" xlink:title="label: CompaniaUniversalTextilSAMember to bap_CompaniaUniversalTextilSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaUniversalTextilSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CompaniaUniversalTextilSAMember" xml:lang="en-US" id="bap_CompaniaUniversalTextilSAMember">Compania Universal Textil S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaUniversalTextilSAMember" xlink:to="bap_CompaniaUniversalTextilSAMember" xlink:title="label: CompaniaUniversalTextilSAMember to bap_CompaniaUniversalTextilSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HoldingBursatilChilenaSAMember" xlink:label="HoldingBursatilChilenaSAMember" xlink:title="HoldingBursatilChilenaSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilChilenaSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HoldingBursatilChilenaSAMember_lbl" xml:lang="en-US" id="bap_HoldingBursatilChilenaSAMember_lbl">This member stands for Holding Bursatil Chilena S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilChilenaSAMember" xlink:to="bap_HoldingBursatilChilenaSAMember_lbl" xlink:title="label: HoldingBursatilChilenaSAMember to bap_HoldingBursatilChilenaSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilChilenaSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HoldingBursatilChilenaSAMember_lbl1" xml:lang="en-US" id="bap_HoldingBursatilChilenaSAMember_lbl1">Holding Bursatil Chilena S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilChilenaSAMember" xlink:to="bap_HoldingBursatilChilenaSAMember_lbl1" xlink:title="label: HoldingBursatilChilenaSAMember to bap_HoldingBursatilChilenaSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingBursatilChilenaSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HoldingBursatilChilenaSAMember" xml:lang="en-US" id="bap_HoldingBursatilChilenaSAMember">Holding Bursatil Chilena S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingBursatilChilenaSAMember" xlink:to="bap_HoldingBursatilChilenaSAMember" xlink:title="label: HoldingBursatilChilenaSAMember to bap_HoldingBursatilChilenaSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AlicorpSaaMember" xlink:label="AlicorpSaaMember" xlink:title="AlicorpSaaMember" />
    <link:label xlink:type="resource" xlink:label="bap_AlicorpSaaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AlicorpSaaMember_lbl" xml:lang="en-US" id="bap_AlicorpSaaMember_lbl">This member stands for alicorp s.a.a.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AlicorpSaaMember" xlink:to="bap_AlicorpSaaMember_lbl" xlink:title="label: AlicorpSaaMember to bap_AlicorpSaaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AlicorpSaaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AlicorpSaaMember_lbl1" xml:lang="en-US" id="bap_AlicorpSaaMember_lbl1">Alicorp saa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AlicorpSaaMember" xlink:to="bap_AlicorpSaaMember_lbl1" xlink:title="label: AlicorpSaaMember to bap_AlicorpSaaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AlicorpSaaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AlicorpSaaMember" xml:lang="en-US" id="bap_AlicorpSaaMember">Alicorp S.A.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AlicorpSaaMember" xlink:to="bap_AlicorpSaaMember" xlink:title="label: AlicorpSaaMember to bap_AlicorpSaaMember" />
    <link:label xlink:type="resource" xlink:label="bap_AlicorpSaaMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AlicorpSaaMember_lbl2" xml:lang="en-US" id="bap_AlicorpSaaMember_lbl2">Alicorp S.A.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AlicorpSaaMember" xlink:to="bap_AlicorpSaaMember_lbl2" xlink:title="label: AlicorpSaaMember to bap_AlicorpSaaMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PagosDigitalesPeruanosSAMember" xlink:label="PagosDigitalesPeruanosSAMember" xlink:title="PagosDigitalesPeruanosSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_PagosDigitalesPeruanosSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PagosDigitalesPeruanosSAMember_lbl" xml:lang="en-US" id="bap_PagosDigitalesPeruanosSAMember_lbl">This member stands for pagos digitales peruanos s.a.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PagosDigitalesPeruanosSAMember" xlink:to="bap_PagosDigitalesPeruanosSAMember_lbl" xlink:title="label: PagosDigitalesPeruanosSAMember to bap_PagosDigitalesPeruanosSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PagosDigitalesPeruanosSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PagosDigitalesPeruanosSAMember_lbl1" xml:lang="en-US" id="bap_PagosDigitalesPeruanosSAMember_lbl1">Pagos digitales peruanos s.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PagosDigitalesPeruanosSAMember" xlink:to="bap_PagosDigitalesPeruanosSAMember_lbl1" xlink:title="label: PagosDigitalesPeruanosSAMember to bap_PagosDigitalesPeruanosSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PagosDigitalesPeruanosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PagosDigitalesPeruanosSAMember" xml:lang="en-US" id="bap_PagosDigitalesPeruanosSAMember">Pagos Digitales Peruanos S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PagosDigitalesPeruanosSAMember" xlink:to="bap_PagosDigitalesPeruanosSAMember" xlink:title="label: PagosDigitalesPeruanosSAMember to bap_PagosDigitalesPeruanosSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InversionesCentenarioMember" xlink:label="InversionesCentenarioMember" xlink:title="InversionesCentenarioMember" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCentenarioMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InversionesCentenarioMember_lbl" xml:lang="en-US" id="bap_InversionesCentenarioMember_lbl">This member stands for inversiones centenario.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCentenarioMember" xlink:to="bap_InversionesCentenarioMember_lbl" xlink:title="label: InversionesCentenarioMember to bap_InversionesCentenarioMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCentenarioMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InversionesCentenarioMember_lbl1" xml:lang="en-US" id="bap_InversionesCentenarioMember_lbl1">Inversiones centenario [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCentenarioMember" xlink:to="bap_InversionesCentenarioMember_lbl1" xlink:title="label: InversionesCentenarioMember to bap_InversionesCentenarioMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCentenarioMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InversionesCentenarioMember" xml:lang="en-US" id="bap_InversionesCentenarioMember">Inversiones Centenario [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCentenarioMember" xlink:to="bap_InversionesCentenarioMember" xlink:title="label: InversionesCentenarioMember to bap_InversionesCentenarioMember" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCentenarioMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InversionesCentenarioMember_lbl2" xml:lang="en-US" id="bap_InversionesCentenarioMember_lbl2">Inversiones Centenario [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCentenarioMember" xlink:to="bap_InversionesCentenarioMember_lbl2" xlink:title="label: InversionesCentenarioMember to bap_InversionesCentenarioMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BolsaDeValoresDeColombiaaMember" xlink:label="BolsaDeValoresDeColombiaaMember" xlink:title="BolsaDeValoresDeColombiaaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeColombiaaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BolsaDeValoresDeColombiaaMember_lbl" xml:lang="en-US" id="bap_BolsaDeValoresDeColombiaaMember_lbl">This member stands for bolsa de valores de colombia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeColombiaaMember" xlink:to="bap_BolsaDeValoresDeColombiaaMember_lbl" xlink:title="label: BolsaDeValoresDeColombiaaMember to bap_BolsaDeValoresDeColombiaaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeColombiaaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BolsaDeValoresDeColombiaaMember_lbl1" xml:lang="en-US" id="bap_BolsaDeValoresDeColombiaaMember_lbl1">Bolsa de valores de colombiaa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeColombiaaMember" xlink:to="bap_BolsaDeValoresDeColombiaaMember_lbl1" xlink:title="label: BolsaDeValoresDeColombiaaMember to bap_BolsaDeValoresDeColombiaaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeColombiaaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BolsaDeValoresDeColombiaaMember" xml:lang="en-US" id="bap_BolsaDeValoresDeColombiaaMember">Bolsa De Valores De Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeColombiaaMember" xlink:to="bap_BolsaDeValoresDeColombiaaMember" xlink:title="label: BolsaDeValoresDeColombiaaMember to bap_BolsaDeValoresDeColombiaaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BolsaDeComercioDeSantiagoMember" xlink:label="BolsaDeComercioDeSantiagoMember" xlink:title="BolsaDeComercioDeSantiagoMember" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeComercioDeSantiagoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BolsaDeComercioDeSantiagoMember_lbl" xml:lang="en-US" id="bap_BolsaDeComercioDeSantiagoMember_lbl">This member stands for bolsa de comercio de santiago.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeComercioDeSantiagoMember" xlink:to="bap_BolsaDeComercioDeSantiagoMember_lbl" xlink:title="label: BolsaDeComercioDeSantiagoMember to bap_BolsaDeComercioDeSantiagoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeComercioDeSantiagoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BolsaDeComercioDeSantiagoMember_lbl1" xml:lang="en-US" id="bap_BolsaDeComercioDeSantiagoMember_lbl1">Bolsa de comercio de santiago [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeComercioDeSantiagoMember" xlink:to="bap_BolsaDeComercioDeSantiagoMember_lbl1" xlink:title="label: BolsaDeComercioDeSantiagoMember to bap_BolsaDeComercioDeSantiagoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeComercioDeSantiagoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BolsaDeComercioDeSantiagoMember" xml:lang="en-US" id="bap_BolsaDeComercioDeSantiagoMember">Bolsa De Comercio De Santiago [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeComercioDeSantiagoMember" xlink:to="bap_BolsaDeComercioDeSantiagoMember" xlink:title="label: BolsaDeComercioDeSantiagoMember to bap_BolsaDeComercioDeSantiagoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BolsaDeValoresDeLimaMember" xlink:label="BolsaDeValoresDeLimaMember" xlink:title="BolsaDeValoresDeLimaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeLimaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BolsaDeValoresDeLimaMember_lbl" xml:lang="en-US" id="bap_BolsaDeValoresDeLimaMember_lbl">This member stands for bolsa de valores de lima.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeLimaMember" xlink:to="bap_BolsaDeValoresDeLimaMember_lbl" xlink:title="label: BolsaDeValoresDeLimaMember to bap_BolsaDeValoresDeLimaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeLimaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BolsaDeValoresDeLimaMember_lbl1" xml:lang="en-US" id="bap_BolsaDeValoresDeLimaMember_lbl1">Bolsa de valores de lima [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeLimaMember" xlink:to="bap_BolsaDeValoresDeLimaMember_lbl1" xlink:title="label: BolsaDeValoresDeLimaMember to bap_BolsaDeValoresDeLimaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BolsaDeValoresDeLimaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BolsaDeValoresDeLimaMember" xml:lang="en-US" id="bap_BolsaDeValoresDeLimaMember">Bolsa De Valores De Lima [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolsaDeValoresDeLimaMember" xlink:to="bap_BolsaDeValoresDeLimaMember" xlink:title="label: BolsaDeValoresDeLimaMember to bap_BolsaDeValoresDeLimaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:label="FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:title="FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl">The amount of financial assets at estimated fair value before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl" xlink:title="label: FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest to bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl1">Financial assets at estimated fair value before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl1" xlink:title="label: FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest to bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest">Estimated fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" xlink:title="label: FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest to bap_FinancialAssetsAtEstimatedFairValueBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtSecuritiesAmortizedCost" xlink:label="DebtSecuritiesAmortizedCost" xlink:title="DebtSecuritiesAmortizedCost" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtSecuritiesAmortizedCost_lbl" xml:lang="en-US" id="bap_DebtSecuritiesAmortizedCost_lbl">Amortized cost of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAmortizedCost" xlink:to="bap_DebtSecuritiesAmortizedCost_lbl" xlink:title="label: DebtSecuritiesAmortizedCost to bap_DebtSecuritiesAmortizedCost_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAmortizedCost_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtSecuritiesAmortizedCost_lbl1" xml:lang="en-US" id="bap_DebtSecuritiesAmortizedCost_lbl1">Debt securities amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAmortizedCost" xlink:to="bap_DebtSecuritiesAmortizedCost_lbl1" xlink:title="label: DebtSecuritiesAmortizedCost to bap_DebtSecuritiesAmortizedCost_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtSecuritiesAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DebtSecuritiesAmortizedCost" xml:lang="en-US" id="bap_DebtSecuritiesAmortizedCost">Cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtSecuritiesAmortizedCost" xlink:to="bap_DebtSecuritiesAmortizedCost" xlink:title="label: DebtSecuritiesAmortizedCost to bap_DebtSecuritiesAmortizedCost" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporacionAndinaDeFomentoMember" xlink:label="CorporacionAndinaDeFomentoMember" xlink:title="CorporacionAndinaDeFomentoMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionAndinaDeFomentoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporacionAndinaDeFomentoMember_lbl" xml:lang="en-US" id="bap_CorporacionAndinaDeFomentoMember_lbl">This member stands for corporacion andina de fomento.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionAndinaDeFomentoMember" xlink:to="bap_CorporacionAndinaDeFomentoMember_lbl" xlink:title="label: CorporacionAndinaDeFomentoMember to bap_CorporacionAndinaDeFomentoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionAndinaDeFomentoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporacionAndinaDeFomentoMember_lbl1" xml:lang="en-US" id="bap_CorporacionAndinaDeFomentoMember_lbl1">Corporacion Andina De Fomento [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionAndinaDeFomentoMember" xlink:to="bap_CorporacionAndinaDeFomentoMember_lbl1" xlink:title="label: CorporacionAndinaDeFomentoMember to bap_CorporacionAndinaDeFomentoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionAndinaDeFomentoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporacionAndinaDeFomentoMember" xml:lang="en-US" id="bap_CorporacionAndinaDeFomentoMember">Corporacin Andina de Fomento [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionAndinaDeFomentoMember" xlink:to="bap_CorporacionAndinaDeFomentoMember" xlink:title="label: CorporacionAndinaDeFomentoMember to bap_CorporacionAndinaDeFomentoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionOfCreditLoss" xlink:label="ProvisionOfCreditLoss" xlink:title="ProvisionOfCreditLoss" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfCreditLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionOfCreditLoss_lbl" xml:lang="en-US" id="bap_ProvisionOfCreditLoss_lbl">The amount of provision of credit loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfCreditLoss" xlink:to="bap_ProvisionOfCreditLoss_lbl" xlink:title="label: ProvisionOfCreditLoss to bap_ProvisionOfCreditLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfCreditLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionOfCreditLoss_lbl1" xml:lang="en-US" id="bap_ProvisionOfCreditLoss_lbl1">Provision Of Credit Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfCreditLoss" xlink:to="bap_ProvisionOfCreditLoss_lbl1" xlink:title="label: ProvisionOfCreditLoss to bap_ProvisionOfCreditLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionOfCreditLoss" xml:lang="en-US" id="bap_ProvisionOfCreditLoss">Provision of credit loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfCreditLoss" xlink:to="bap_ProvisionOfCreditLoss" xlink:title="label: ProvisionOfCreditLoss to bap_ProvisionOfCreditLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TAXSITUATIONAbstract" xlink:label="TAXSITUATIONAbstract" xlink:title="TAXSITUATIONAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_TAXSITUATIONAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TAXSITUATIONAbstract_lbl1" xml:lang="en-US" id="bap_TAXSITUATIONAbstract_lbl1">TAX SITUATION [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TAXSITUATIONAbstract" xlink:to="bap_TAXSITUATIONAbstract_lbl1" xlink:title="label: TAXSITUATIONAbstract to bap_TAXSITUATIONAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxRateEffectFromProvisionTaxOnDividends" xlink:label="TaxRateEffectFromProvisionTaxOnDividends" xlink:title="TaxRateEffectFromProvisionTaxOnDividends" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl" xml:lang="en-US" id="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl">The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from the provision tax on dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl" xlink:title="label: TaxRateEffectFromProvisionTaxOnDividends to bap_TaxRateEffectFromProvisionTaxOnDividends_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl1" xml:lang="en-US" id="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl1">Tax rate effect from provision tax on dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxRateEffectFromProvisionTaxOnDividends_lbl1" xlink:title="label: TaxRateEffectFromProvisionTaxOnDividends to bap_TaxRateEffectFromProvisionTaxOnDividends_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectFromProvisionTaxOnDividends" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TaxRateEffectFromProvisionTaxOnDividends" xml:lang="en-US" id="bap_TaxRateEffectFromProvisionTaxOnDividends">Provision tax on dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxRateEffectFromProvisionTaxOnDividends" xlink:title="label: TaxRateEffectFromProvisionTaxOnDividends to bap_TaxRateEffectFromProvisionTaxOnDividends" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:label="TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:title="TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xml:lang="en-US" id="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl">The amount that represents the difference between the average effective tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) resulting from the revenues of foreign subsidiaries exempt from taxation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xlink:title="label: TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xml:lang="en-US" id="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1">Tax effect of revenues of foreign subsidiaries exempt from taxation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xlink:title="label: TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xml:lang="en-US" id="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation">Decrease (Increase) due to the profit of subsidiaries not domiciled in Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:title="label: TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:label="TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:title="TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xml:lang="en-US" id="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl">The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from the revenues of foreign subsidiaries exempt from taxation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" xlink:title="label: TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xml:lang="en-US" id="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1">Tax rate effect of revenues of foreign subsidiaries exempt from taxation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" xlink:title="label: TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xml:lang="en-US" id="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation">Decrease (Increase) due to the profit of subsidiaries not domiciled in Peru</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:to="bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" xlink:title="label: TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation to bap_TaxRateEffectOfRevenuesOfForeignSubsidiariesExemptFromTaxation" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxEffectFromProvisionTaxOnDividends" xlink:label="TaxEffectFromProvisionTaxOnDividends" xlink:title="TaxEffectFromProvisionTaxOnDividends" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectFromProvisionTaxOnDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxEffectFromProvisionTaxOnDividends_lbl" xml:lang="en-US" id="bap_TaxEffectFromProvisionTaxOnDividends_lbl">The amount that represents the difference between the average effective tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) resulting from the provision tax on dividends.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxEffectFromProvisionTaxOnDividends_lbl" xlink:title="label: TaxEffectFromProvisionTaxOnDividends to bap_TaxEffectFromProvisionTaxOnDividends_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectFromProvisionTaxOnDividends_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxEffectFromProvisionTaxOnDividends_lbl1" xml:lang="en-US" id="bap_TaxEffectFromProvisionTaxOnDividends_lbl1">Tax effect from provision tax on dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxEffectFromProvisionTaxOnDividends_lbl1" xlink:title="label: TaxEffectFromProvisionTaxOnDividends to bap_TaxEffectFromProvisionTaxOnDividends_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxEffectFromProvisionTaxOnDividends" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_TaxEffectFromProvisionTaxOnDividends" xml:lang="en-US" id="bap_TaxEffectFromProvisionTaxOnDividends">Provision tax on dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxEffectFromProvisionTaxOnDividends" xlink:to="bap_TaxEffectFromProvisionTaxOnDividends" xlink:title="label: TaxEffectFromProvisionTaxOnDividends to bap_TaxEffectFromProvisionTaxOnDividends" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfTaxSituationTable" xlink:label="DisclosureOfTaxSituationTable" xlink:title="DisclosureOfTaxSituationTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTaxSituationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfTaxSituationTable_lbl" xml:lang="en-US" id="bap_DisclosureOfTaxSituationTable_lbl">Schedule disclosing information related to income tax situation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxSituationTable" xlink:to="bap_DisclosureOfTaxSituationTable_lbl" xlink:title="label: DisclosureOfTaxSituationTable to bap_DisclosureOfTaxSituationTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTaxSituationTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfTaxSituationTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfTaxSituationTable_lbl1">Disclosure of tax situation [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxSituationTable" xlink:to="bap_DisclosureOfTaxSituationTable_lbl1" xlink:title="label: DisclosureOfTaxSituationTable to bap_DisclosureOfTaxSituationTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfTaxSituationLineItems" xlink:label="DisclosureOfTaxSituationLineItems" xlink:title="DisclosureOfTaxSituationLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTaxSituationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfTaxSituationLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfTaxSituationLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxSituationLineItems" xlink:to="bap_DisclosureOfTaxSituationLineItems_lbl" xlink:title="label: DisclosureOfTaxSituationLineItems to bap_DisclosureOfTaxSituationLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTaxSituationLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfTaxSituationLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfTaxSituationLineItems_lbl1">Disclosure of tax situation [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTaxSituationLineItems" xlink:to="bap_DisclosureOfTaxSituationLineItems_lbl1" xlink:title="label: DisclosureOfTaxSituationLineItems to bap_DisclosureOfTaxSituationLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredAssetAbstract" xlink:label="DeferredAssetAbstract" xlink:title="DeferredAssetAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredAssetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredAssetAbstract_lbl1" xml:lang="en-US" id="bap_DeferredAssetAbstract_lbl1">Deferred asset [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredAssetAbstract" xlink:to="bap_DeferredAssetAbstract_lbl1" xlink:title="label: DeferredAssetAbstract to bap_DeferredAssetAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredAssetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredAssetAbstract" xml:lang="en-US" id="bap_DeferredAssetAbstract">Deferred asset [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredAssetAbstract" xlink:to="bap_DeferredAssetAbstract" xlink:title="label: DeferredAssetAbstract to bap_DeferredAssetAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredIncomeFromCommissionsOnRemunerationMember" xlink:label="DeferredIncomeFromCommissionsOnRemunerationMember" xlink:title="DeferredIncomeFromCommissionsOnRemunerationMember" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl" xml:lang="en-US" id="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl">This member stands for deferred income from commissions on remuneration.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeFromCommissionsOnRemunerationMember" xlink:to="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl" xlink:title="label: DeferredIncomeFromCommissionsOnRemunerationMember to bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl1" xml:lang="en-US" id="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl1">Deferred Income from Commissions on Remuneration [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeFromCommissionsOnRemunerationMember" xlink:to="bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl1" xlink:title="label: DeferredIncomeFromCommissionsOnRemunerationMember to bap_DeferredIncomeFromCommissionsOnRemunerationMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IntangiblesNetMember" xlink:label="IntangiblesNetMember" xlink:title="IntangiblesNetMember" />
    <link:label xlink:type="resource" xlink:label="bap_IntangiblesNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IntangiblesNetMember_lbl" xml:lang="en-US" id="bap_IntangiblesNetMember_lbl">This member stands for intangibles, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangiblesNetMember" xlink:to="bap_IntangiblesNetMember_lbl" xlink:title="label: IntangiblesNetMember to bap_IntangiblesNetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IntangiblesNetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IntangiblesNetMember_lbl1" xml:lang="en-US" id="bap_IntangiblesNetMember_lbl1">Intangibles net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangiblesNetMember" xlink:to="bap_IntangiblesNetMember_lbl1" xlink:title="label: IntangiblesNetMember to bap_IntangiblesNetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IntangiblesNetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IntangiblesNetMember" xml:lang="en-US" id="bap_IntangiblesNetMember">Intangibles Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IntangiblesNetMember" xlink:to="bap_IntangiblesNetMember" xlink:title="label: IntangiblesNetMember to bap_IntangiblesNetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForPendingVacationsMember" xlink:label="ProvisionForPendingVacationsMember" xlink:title="ProvisionForPendingVacationsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForPendingVacationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForPendingVacationsMember_lbl" xml:lang="en-US" id="bap_ProvisionForPendingVacationsMember_lbl">This member stands for provisions for pending vacation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForPendingVacationsMember" xlink:to="bap_ProvisionForPendingVacationsMember_lbl" xlink:title="label: ProvisionForPendingVacationsMember to bap_ProvisionForPendingVacationsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForPendingVacationsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForPendingVacationsMember_lbl1" xml:lang="en-US" id="bap_ProvisionForPendingVacationsMember_lbl1">Provision for pending vacations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForPendingVacationsMember" xlink:to="bap_ProvisionForPendingVacationsMember_lbl1" xlink:title="label: ProvisionForPendingVacationsMember to bap_ProvisionForPendingVacationsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForPendingVacationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionForPendingVacationsMember" xml:lang="en-US" id="bap_ProvisionForPendingVacationsMember">Provision for Pending Vacations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForPendingVacationsMember" xlink:to="bap_ProvisionForPendingVacationsMember" xlink:title="label: ProvisionForPendingVacationsMember to bap_ProvisionForPendingVacationsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForWorkersProfitSharingMember" xlink:label="ProvisionForWorkersProfitSharingMember" xlink:title="ProvisionForWorkersProfitSharingMember" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForWorkersProfitSharingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForWorkersProfitSharingMember_lbl" xml:lang="en-US" id="bap_ProvisionForWorkersProfitSharingMember_lbl">This member stands for provision for workers profit sharing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForWorkersProfitSharingMember" xlink:to="bap_ProvisionForWorkersProfitSharingMember_lbl" xlink:title="label: ProvisionForWorkersProfitSharingMember to bap_ProvisionForWorkersProfitSharingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForWorkersProfitSharingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForWorkersProfitSharingMember_lbl1" xml:lang="en-US" id="bap_ProvisionForWorkersProfitSharingMember_lbl1">Provision for workers profit sharing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForWorkersProfitSharingMember" xlink:to="bap_ProvisionForWorkersProfitSharingMember_lbl1" xlink:title="label: ProvisionForWorkersProfitSharingMember to bap_ProvisionForWorkersProfitSharingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForWorkersProfitSharingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionForWorkersProfitSharingMember" xml:lang="en-US" id="bap_ProvisionForWorkersProfitSharingMember">Provision for Workers Profit Sharing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForWorkersProfitSharingMember" xlink:to="bap_ProvisionForWorkersProfitSharingMember" xlink:title="label: ProvisionForWorkersProfitSharingMember to bap_ProvisionForWorkersProfitSharingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:label="UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:title="UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl" xml:lang="en-US" id="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl">This member stands for unrealized gain in valuation on cash flow hedge derivatives.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:to="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl" xlink:title="label: UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember to bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl1" xml:lang="en-US" id="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl1">Unrealized gain in valuation on cash flow hedge derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:to="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl1" xlink:title="label: UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember to bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xml:lang="en-US" id="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember">Unrealized Gain in Valuation on Cash Flow Hedge Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:to="bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" xlink:title="label: UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember to bap_UnrealizedGainInValuationOnCashFlowHedgeDerivativesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:label="UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:title="UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl" xml:lang="en-US" id="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl">This member stands for unrealized gain (loss) in valuation on fair value hedge derivatives.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:to="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl" xlink:title="label: UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember to bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl1" xml:lang="en-US" id="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl1">Unrealized gain (loss) in valuation on fair value hedge derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:to="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl1" xlink:title="label: UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember to bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xml:lang="en-US" id="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember">Unrealized Gain / Loss from Valuation of Fair Value Hedging Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:to="bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" xlink:title="label: UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember to bap_UnrealizedGainLossInValuationOnFairValueHedgeDerivativesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember" xlink:label="ReserveForReinstatementPremiumCostsAndDeductiblesMember" xlink:title="ReserveForReinstatementPremiumCostsAndDeductiblesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl" xml:lang="en-US" id="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl">This member stands for reserve for reinstatement premium costs and deductibles.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForReinstatementPremiumCostsAndDeductiblesMember" xlink:to="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl" xlink:title="label: ReserveForReinstatementPremiumCostsAndDeductiblesMember to bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl1" xml:lang="en-US" id="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl1">Reserve for Reinstatement Premium Costs and Deductibles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForReinstatementPremiumCostsAndDeductiblesMember" xlink:to="bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl1" xlink:title="label: ReserveForReinstatementPremiumCostsAndDeductiblesMember to bap_ReserveForReinstatementPremiumCostsAndDeductiblesMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:label="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:title="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl">This member stands for unrealized losses due to valuation of investments 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="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl1" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl1">Unrealized losses due to valuation of investments at fair value through other comprehensive income two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl1" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember">Unrealized Losses Due to Valuation of Investments at Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:label="UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:title="UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl" xml:lang="en-US" id="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl">This member stands for unrealized gains and losses generated by investments at fair value through other comprehensive income and cash flow hedges derivatives.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:to="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl" xlink:title="label: UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember to bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl1" xml:lang="en-US" id="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl1">Unrealized gains and losses generated by investments at fair value through other comprehensive income and cash flow hedges derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:to="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl1" xlink:title="label: UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember to bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xml:lang="en-US" id="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember">Unrealized Gains and Losses Generated by Investments at Fair Value Through Other Comprehensive Income and Cash Flow Hedges Derivatives [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:to="bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" xlink:title="label: UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember to bap_UnrealizedGainsAndLossesGeneratedByInvestmentsAtFairValueThroughOtherComprehensiveIncomeAndCashFlowHedgesDerivativesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BuildingsRevaluationMember" xlink:label="BuildingsRevaluationMember" xlink:title="BuildingsRevaluationMember" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsRevaluationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BuildingsRevaluationMember_lbl" xml:lang="en-US" id="bap_BuildingsRevaluationMember_lbl">This member stands for buildings revaluation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsRevaluationMember" xlink:to="bap_BuildingsRevaluationMember_lbl" xlink:title="label: BuildingsRevaluationMember to bap_BuildingsRevaluationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsRevaluationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BuildingsRevaluationMember_lbl1" xml:lang="en-US" id="bap_BuildingsRevaluationMember_lbl1">Buildings revaluation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsRevaluationMember" xlink:to="bap_BuildingsRevaluationMember_lbl1" xlink:title="label: BuildingsRevaluationMember to bap_BuildingsRevaluationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsRevaluationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BuildingsRevaluationMember" xml:lang="en-US" id="bap_BuildingsRevaluationMember">Buildings Revaluation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsRevaluationMember" xlink:to="bap_BuildingsRevaluationMember" xlink:title="label: BuildingsRevaluationMember to bap_BuildingsRevaluationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LeasingOperationsRelatedToLoansMember" xlink:label="LeasingOperationsRelatedToLoansMember" xlink:title="LeasingOperationsRelatedToLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_LeasingOperationsRelatedToLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LeasingOperationsRelatedToLoansMember_lbl" xml:lang="en-US" id="bap_LeasingOperationsRelatedToLoansMember_lbl">This member stands for leasing operations related to loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasingOperationsRelatedToLoansMember" xlink:to="bap_LeasingOperationsRelatedToLoansMember_lbl" xlink:title="label: LeasingOperationsRelatedToLoansMember to bap_LeasingOperationsRelatedToLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LeasingOperationsRelatedToLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LeasingOperationsRelatedToLoansMember_lbl1" xml:lang="en-US" id="bap_LeasingOperationsRelatedToLoansMember_lbl1">Leasing operations related to loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasingOperationsRelatedToLoansMember" xlink:to="bap_LeasingOperationsRelatedToLoansMember_lbl1" xlink:title="label: LeasingOperationsRelatedToLoansMember to bap_LeasingOperationsRelatedToLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LeasingOperationsRelatedToLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LeasingOperationsRelatedToLoansMember" xml:lang="en-US" id="bap_LeasingOperationsRelatedToLoansMember">Leasing Operations Related to Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LeasingOperationsRelatedToLoansMember" xlink:to="bap_LeasingOperationsRelatedToLoansMember" xlink:title="label: LeasingOperationsRelatedToLoansMember to bap_LeasingOperationsRelatedToLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForSundryExpensesAndRisksMember" xlink:label="ProvisionForSundryExpensesAndRisksMember" xlink:title="ProvisionForSundryExpensesAndRisksMember" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForSundryExpensesAndRisksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForSundryExpensesAndRisksMember_lbl" xml:lang="en-US" id="bap_ProvisionForSundryExpensesAndRisksMember_lbl">This member stands for provision for sundry expenses and risks.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForSundryExpensesAndRisksMember" xlink:to="bap_ProvisionForSundryExpensesAndRisksMember_lbl" xlink:title="label: ProvisionForSundryExpensesAndRisksMember to bap_ProvisionForSundryExpensesAndRisksMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForSundryExpensesAndRisksMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForSundryExpensesAndRisksMember_lbl1" xml:lang="en-US" id="bap_ProvisionForSundryExpensesAndRisksMember_lbl1">Provision for sundry expenses and risks [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForSundryExpensesAndRisksMember" xlink:to="bap_ProvisionForSundryExpensesAndRisksMember_lbl1" xlink:title="label: ProvisionForSundryExpensesAndRisksMember to bap_ProvisionForSundryExpensesAndRisksMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForSundryExpensesAndRisksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionForSundryExpensesAndRisksMember" xml:lang="en-US" id="bap_ProvisionForSundryExpensesAndRisksMember">Provision for Sundry Expenses and Risks [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForSundryExpensesAndRisksMember" xlink:to="bap_ProvisionForSundryExpensesAndRisksMember" xlink:title="label: ProvisionForSundryExpensesAndRisksMember to bap_ProvisionForSundryExpensesAndRisksMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BuildingsDepreciationMember" xlink:label="BuildingsDepreciationMember" xlink:title="BuildingsDepreciationMember" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsDepreciationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BuildingsDepreciationMember_lbl" xml:lang="en-US" id="bap_BuildingsDepreciationMember_lbl">This member stands for buildings depreciation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsDepreciationMember" xlink:to="bap_BuildingsDepreciationMember_lbl" xlink:title="label: BuildingsDepreciationMember to bap_BuildingsDepreciationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsDepreciationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BuildingsDepreciationMember_lbl1" xml:lang="en-US" id="bap_BuildingsDepreciationMember_lbl1">Buildings depreciation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsDepreciationMember" xlink:to="bap_BuildingsDepreciationMember_lbl1" xlink:title="label: BuildingsDepreciationMember to bap_BuildingsDepreciationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BuildingsDepreciationMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BuildingsDepreciationMember" xml:lang="en-US" id="bap_BuildingsDepreciationMember">Buildings Depreciation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BuildingsDepreciationMember" xlink:to="bap_BuildingsDepreciationMember" xlink:title="label: BuildingsDepreciationMember to bap_BuildingsDepreciationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredIncomeTaxLiabilityNetMember" xlink:label="DeferredIncomeTaxLiabilityNetMember" xlink:title="DeferredIncomeTaxLiabilityNetMember" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxLiabilityNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DeferredIncomeTaxLiabilityNetMember_lbl" xml:lang="en-US" id="bap_DeferredIncomeTaxLiabilityNetMember_lbl">This member stands for deferred income tax liability, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxLiabilityNetMember" xlink:to="bap_DeferredIncomeTaxLiabilityNetMember_lbl" xlink:title="label: DeferredIncomeTaxLiabilityNetMember to bap_DeferredIncomeTaxLiabilityNetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxLiabilityNetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredIncomeTaxLiabilityNetMember_lbl1" xml:lang="en-US" id="bap_DeferredIncomeTaxLiabilityNetMember_lbl1">Deferred income tax liability, net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxLiabilityNetMember" xlink:to="bap_DeferredIncomeTaxLiabilityNetMember_lbl1" xlink:title="label: DeferredIncomeTaxLiabilityNetMember to bap_DeferredIncomeTaxLiabilityNetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxLiabilityNetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredIncomeTaxLiabilityNetMember" xml:lang="en-US" id="bap_DeferredIncomeTaxLiabilityNetMember">Deferred Income Tax Liability, Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxLiabilityNetMember" xlink:to="bap_DeferredIncomeTaxLiabilityNetMember" xlink:title="label: DeferredIncomeTaxLiabilityNetMember to bap_DeferredIncomeTaxLiabilityNetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredIncomeTaxAssetNetMember" xlink:label="DeferredIncomeTaxAssetNetMember" xlink:title="DeferredIncomeTaxAssetNetMember" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxAssetNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DeferredIncomeTaxAssetNetMember_lbl" xml:lang="en-US" id="bap_DeferredIncomeTaxAssetNetMember_lbl">This member stands for deferred income tax asset, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxAssetNetMember" xlink:to="bap_DeferredIncomeTaxAssetNetMember_lbl" xlink:title="label: DeferredIncomeTaxAssetNetMember to bap_DeferredIncomeTaxAssetNetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxAssetNetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredIncomeTaxAssetNetMember_lbl1" xml:lang="en-US" id="bap_DeferredIncomeTaxAssetNetMember_lbl1">Deferred income tax asset, net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxAssetNetMember" xlink:to="bap_DeferredIncomeTaxAssetNetMember_lbl1" xlink:title="label: DeferredIncomeTaxAssetNetMember to bap_DeferredIncomeTaxAssetNetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredIncomeTaxAssetNetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredIncomeTaxAssetNetMember" xml:lang="en-US" id="bap_DeferredIncomeTaxAssetNetMember">Deferred Income Tax Asset, Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredIncomeTaxAssetNetMember" xlink:to="bap_DeferredIncomeTaxAssetNetMember" xlink:title="label: DeferredIncomeTaxAssetNetMember to bap_DeferredIncomeTaxAssetNetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:label="GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:title="GainGeneratedInTheReorganizationOfPacficoEPSMember" />
    <link:label xlink:type="resource" xlink:label="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl" xml:lang="en-US" id="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl">This member stands for gain generated in the reorganization of Pacifico EPS.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:to="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl" xlink:title="label: GainGeneratedInTheReorganizationOfPacficoEPSMember to bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl1" xml:lang="en-US" id="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl1">Gain generated in the reorganization of pacifico E P S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:to="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl1" xlink:title="label: GainGeneratedInTheReorganizationOfPacficoEPSMember to bap_GainGeneratedInTheReorganizationOfPacficoEPSMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember" xml:lang="en-US" id="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember">Gain Generated in the Reorganization of Pacifico EPS [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:to="bap_GainGeneratedInTheReorganizationOfPacficoEPSMember" xlink:title="label: GainGeneratedInTheReorganizationOfPacficoEPSMember to bap_GainGeneratedInTheReorganizationOfPacficoEPSMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl">This member stands for unrealized gain due to valuation of investments 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="UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xlink:title="label: UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xml:lang="en-US" id="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1">Unrealized gain due to valuation of investments at fair value through other comprehensive income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xlink:title="label: UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xml:lang="en-US" id="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember">Unrealized Gain Due to Valuation of Investments at Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="label: UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedGainDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepreciationOfImprovementsForLeasedPremisesMember" xlink:label="DepreciationOfImprovementsForLeasedPremisesMember" xlink:title="DepreciationOfImprovementsForLeasedPremisesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl" xml:lang="en-US" id="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl">This member stands for depreciation of improvements for leased premises.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOfImprovementsForLeasedPremisesMember" xlink:to="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl" xlink:title="label: DepreciationOfImprovementsForLeasedPremisesMember to bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl1" xml:lang="en-US" id="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl1">Depreciation of improvements for leased premises [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOfImprovementsForLeasedPremisesMember" xlink:to="bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl1" xlink:title="label: DepreciationOfImprovementsForLeasedPremisesMember to bap_DepreciationOfImprovementsForLeasedPremisesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationOfImprovementsForLeasedPremisesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DepreciationOfImprovementsForLeasedPremisesMember" xml:lang="en-US" id="bap_DepreciationOfImprovementsForLeasedPremisesMember">Depreciation of Improvements for Leased Premises [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationOfImprovementsForLeasedPremisesMember" xlink:to="bap_DepreciationOfImprovementsForLeasedPremisesMember" xlink:title="label: DepreciationOfImprovementsForLeasedPremisesMember to bap_DepreciationOfImprovementsForLeasedPremisesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredAcquisitionsCostsMember" xlink:label="DeferredAcquisitionsCostsMember" xlink:title="DeferredAcquisitionsCostsMember" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredAcquisitionsCostsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DeferredAcquisitionsCostsMember_lbl" xml:lang="en-US" id="bap_DeferredAcquisitionsCostsMember_lbl">This member stands for deferred acquisitions costs.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredAcquisitionsCostsMember" xlink:to="bap_DeferredAcquisitionsCostsMember_lbl" xlink:title="label: DeferredAcquisitionsCostsMember to bap_DeferredAcquisitionsCostsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredAcquisitionsCostsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredAcquisitionsCostsMember_lbl1" xml:lang="en-US" id="bap_DeferredAcquisitionsCostsMember_lbl1">Deferred acquisitions costs [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredAcquisitionsCostsMember" xlink:to="bap_DeferredAcquisitionsCostsMember_lbl1" xlink:title="label: DeferredAcquisitionsCostsMember to bap_DeferredAcquisitionsCostsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredAcquisitionsCostsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredAcquisitionsCostsMember" xml:lang="en-US" id="bap_DeferredAcquisitionsCostsMember">Deferred Acquisitions Costs [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredAcquisitionsCostsMember" xlink:to="bap_DeferredAcquisitionsCostsMember" xlink:title="label: DeferredAcquisitionsCostsMember to bap_DeferredAcquisitionsCostsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionOfStockAwardsMember" xlink:label="ProvisionOfStockAwardsMember" xlink:title="ProvisionOfStockAwardsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfStockAwardsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionOfStockAwardsMember_lbl" xml:lang="en-US" id="bap_ProvisionOfStockAwardsMember_lbl">This member stands for provision of Stock awards.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfStockAwardsMember" xlink:to="bap_ProvisionOfStockAwardsMember_lbl" xlink:title="label: ProvisionOfStockAwardsMember to bap_ProvisionOfStockAwardsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfStockAwardsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionOfStockAwardsMember_lbl1" xml:lang="en-US" id="bap_ProvisionOfStockAwardsMember_lbl1">Provision of stock awards [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfStockAwardsMember" xlink:to="bap_ProvisionOfStockAwardsMember_lbl1" xlink:title="label: ProvisionOfStockAwardsMember to bap_ProvisionOfStockAwardsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfStockAwardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionOfStockAwardsMember" xml:lang="en-US" id="bap_ProvisionOfStockAwardsMember">Provision of Stock Awards [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfStockAwardsMember" xlink:to="bap_ProvisionOfStockAwardsMember" xlink:title="label: ProvisionOfStockAwardsMember to bap_ProvisionOfStockAwardsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredLiabilitiesAbstract" xlink:label="DeferredLiabilitiesAbstract" xlink:title="DeferredLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_DeferredLiabilitiesAbstract_lbl1">Deferred liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredLiabilitiesAbstract" xlink:to="bap_DeferredLiabilitiesAbstract_lbl1" xlink:title="label: DeferredLiabilitiesAbstract to bap_DeferredLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredLiabilitiesAbstract" xml:lang="en-US" id="bap_DeferredLiabilitiesAbstract">Deferred liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredLiabilitiesAbstract" xlink:to="bap_DeferredLiabilitiesAbstract" xlink:title="label: DeferredLiabilitiesAbstract to bap_DeferredLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:label="AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:title="AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl" xml:lang="en-US" id="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl">This member stands for adjustment for difference in exchange of Superintendencia Nacional de Aduanas y de Administracion Tributaria (SUNAT) and SBS.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:to="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl" xlink:title="label: AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember to bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl1" xml:lang="en-US" id="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl1">Adjustment for difference in exchange of Superintendencia Nacional de Aduanas y de Administracion Tributaria (S U N A T ) and S B S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:to="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl1" xlink:title="label: AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember to bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xml:lang="en-US" id="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember">Adjustment for difference in exchange of Superintendencia Nacional de Aduanas y de Administracion Tributaria (SUNAT) and SBS [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:to="bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" xlink:title="label: AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember to bap_AdjustmentForDifferenceInExchangeOfSuperintendenciaNacionalDeAduanasYDeAdministracionTributariaSUNATAndSBSMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:label="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl">This member stands for unrealized losses due to valuation of investments 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="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1">Unrealized losses due to valuation of investments at fair value through other comprehensive income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xml:lang="en-US" id="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember">Unrealized Losses Due to Valuation of Investments at Fair Value Through Other Comprehensive Income [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:to="bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" xlink:title="label: UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember to bap_UnrealizedLossesDueToValuationOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NotLaterThanPreviousOneYearMember" xlink:label="NotLaterThanPreviousOneYearMember" xlink:title="NotLaterThanPreviousOneYearMember" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanPreviousOneYearMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NotLaterThanPreviousOneYearMember_lbl" xml:lang="en-US" id="bap_NotLaterThanPreviousOneYearMember_lbl">This member stands for a time band of not later than one previous year.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanPreviousOneYearMember" xlink:to="bap_NotLaterThanPreviousOneYearMember_lbl" xlink:title="label: NotLaterThanPreviousOneYearMember to bap_NotLaterThanPreviousOneYearMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanPreviousOneYearMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NotLaterThanPreviousOneYearMember_lbl1" xml:lang="en-US" id="bap_NotLaterThanPreviousOneYearMember_lbl1">Not later than previous one year [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanPreviousOneYearMember" xlink:to="bap_NotLaterThanPreviousOneYearMember_lbl1" xlink:title="label: NotLaterThanPreviousOneYearMember to bap_NotLaterThanPreviousOneYearMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanPreviousOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NotLaterThanPreviousOneYearMember" xml:lang="en-US" id="bap_NotLaterThanPreviousOneYearMember">2022 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanPreviousOneYearMember" xlink:to="bap_NotLaterThanPreviousOneYearMember" xlink:title="label: NotLaterThanPreviousOneYearMember to bap_NotLaterThanPreviousOneYearMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeTaxAbstract" xlink:label="IncomeTaxAbstract" xlink:title="IncomeTaxAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeTaxAbstract_lbl1" xml:lang="en-US" id="bap_IncomeTaxAbstract_lbl1">Income tax [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxAbstract" xlink:to="bap_IncomeTaxAbstract_lbl1" xlink:title="label: IncomeTaxAbstract to bap_IncomeTaxAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeTaxAbstract" xml:lang="en-US" id="bap_IncomeTaxAbstract">Income Tax [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxAbstract" xlink:to="bap_IncomeTaxAbstract" xlink:title="label: IncomeTaxAbstract to bap_IncomeTaxAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:label="PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:title="PercentageOfAdditionalRateIfReturnOnEquityExceeds" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl" xml:lang="en-US" id="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl">Percentage of financial entities have an additional rate if the return on equity exceeds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:to="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl" xlink:title="label: PercentageOfAdditionalRateIfReturnOnEquityExceeds to bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl1" xml:lang="en-US" id="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl1">Percentage of additional rate if return on equity exceeds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:to="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl1" xlink:title="label: PercentageOfAdditionalRateIfReturnOnEquityExceeds to bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds" xml:lang="en-US" id="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds">Percentage of additional rate if return on equity exceeds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:to="bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds" xlink:title="label: PercentageOfAdditionalRateIfReturnOnEquityExceeds to bap_PercentageOfAdditionalRateIfReturnOnEquityExceeds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfTaxRegimes" xlink:label="NumberOfTaxRegimes" xlink:title="NumberOfTaxRegimes" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTaxRegimes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfTaxRegimes_lbl" xml:lang="en-US" id="bap_NumberOfTaxRegimes_lbl">The total number of tax regimes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTaxRegimes" xlink:to="bap_NumberOfTaxRegimes_lbl" xlink:title="label: NumberOfTaxRegimes to bap_NumberOfTaxRegimes_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTaxRegimes_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfTaxRegimes_lbl1" xml:lang="en-US" id="bap_NumberOfTaxRegimes_lbl1">Number of tax regimes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTaxRegimes" xlink:to="bap_NumberOfTaxRegimes_lbl1" xlink:title="label: NumberOfTaxRegimes to bap_NumberOfTaxRegimes_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTaxRegimes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfTaxRegimes" xml:lang="en-US" id="bap_NumberOfTaxRegimes">Number of tax regimes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTaxRegimes" xlink:to="bap_NumberOfTaxRegimes" xlink:title="label: NumberOfTaxRegimes to bap_NumberOfTaxRegimes" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfProfitSharing" xlink:label="PercentageOfProfitSharing" xlink:title="PercentageOfProfitSharing" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProfitSharing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfProfitSharing_lbl" xml:lang="en-US" id="bap_PercentageOfProfitSharing_lbl">The percentage of profit sharing during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProfitSharing" xlink:to="bap_PercentageOfProfitSharing_lbl" xlink:title="label: PercentageOfProfitSharing to bap_PercentageOfProfitSharing_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProfitSharing_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfProfitSharing_lbl1" xml:lang="en-US" id="bap_PercentageOfProfitSharing_lbl1">Percentage of profit sharing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProfitSharing" xlink:to="bap_PercentageOfProfitSharing_lbl1" xlink:title="label: PercentageOfProfitSharing to bap_PercentageOfProfitSharing_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProfitSharing" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfProfitSharing" xml:lang="en-US" id="bap_PercentageOfProfitSharing">Percentage of profit sharing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProfitSharing" xlink:to="bap_PercentageOfProfitSharing" xlink:title="label: PercentageOfProfitSharing to bap_PercentageOfProfitSharing" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ApplicableTaxRateIncludingSurchargeRate" xlink:label="ApplicableTaxRateIncludingSurchargeRate" xlink:title="ApplicableTaxRateIncludingSurchargeRate" />
    <link:label xlink:type="resource" xlink:label="bap_ApplicableTaxRateIncludingSurchargeRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ApplicableTaxRateIncludingSurchargeRate_lbl" xml:lang="en-US" id="bap_ApplicableTaxRateIncludingSurchargeRate_lbl">The percentage of surcharge including applicable surcharge rate during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRateIncludingSurchargeRate" xlink:to="bap_ApplicableTaxRateIncludingSurchargeRate_lbl" xlink:title="label: ApplicableTaxRateIncludingSurchargeRate to bap_ApplicableTaxRateIncludingSurchargeRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ApplicableTaxRateIncludingSurchargeRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ApplicableTaxRateIncludingSurchargeRate_lbl1" xml:lang="en-US" id="bap_ApplicableTaxRateIncludingSurchargeRate_lbl1">Applicable tax rate including surcharge rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRateIncludingSurchargeRate" xlink:to="bap_ApplicableTaxRateIncludingSurchargeRate_lbl1" xlink:title="label: ApplicableTaxRateIncludingSurchargeRate to bap_ApplicableTaxRateIncludingSurchargeRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ApplicableTaxRateIncludingSurchargeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ApplicableTaxRateIncludingSurchargeRate" xml:lang="en-US" id="bap_ApplicableTaxRateIncludingSurchargeRate">Total general income tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ApplicableTaxRateIncludingSurchargeRate" xlink:to="bap_ApplicableTaxRateIncludingSurchargeRate" xlink:title="label: ApplicableTaxRateIncludingSurchargeRate to bap_ApplicableTaxRateIncludingSurchargeRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SurchargeRate" xlink:label="SurchargeRate" xlink:title="SurchargeRate" />
    <link:label xlink:type="resource" xlink:label="bap_SurchargeRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SurchargeRate_lbl" xml:lang="en-US" id="bap_SurchargeRate_lbl">The percentage of surcharge applicable during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRate" xlink:to="bap_SurchargeRate_lbl" xlink:title="label: SurchargeRate to bap_SurchargeRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SurchargeRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SurchargeRate_lbl1" xml:lang="en-US" id="bap_SurchargeRate_lbl1">Surcharge rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRate" xlink:to="bap_SurchargeRate_lbl1" xlink:title="label: SurchargeRate to bap_SurchargeRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SurchargeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SurchargeRate" xml:lang="en-US" id="bap_SurchargeRate">Surcharge rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SurchargeRate" xlink:to="bap_SurchargeRate" xlink:title="label: SurchargeRate to bap_SurchargeRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SaleAcquisitionOfTreasuryStockNet" xlink:label="SaleAcquisitionOfTreasuryStockNet" xlink:title="SaleAcquisitionOfTreasuryStockNet" />
    <link:label xlink:type="resource" xlink:label="bap_SaleAcquisitionOfTreasuryStockNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SaleAcquisitionOfTreasuryStockNet_lbl" xml:lang="en-US" id="bap_SaleAcquisitionOfTreasuryStockNet_lbl">The sale (acquisition) of treasury stock, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleAcquisitionOfTreasuryStockNet" xlink:to="bap_SaleAcquisitionOfTreasuryStockNet_lbl" xlink:title="label: SaleAcquisitionOfTreasuryStockNet to bap_SaleAcquisitionOfTreasuryStockNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SaleAcquisitionOfTreasuryStockNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SaleAcquisitionOfTreasuryStockNet_lbl1" xml:lang="en-US" id="bap_SaleAcquisitionOfTreasuryStockNet_lbl1">Sale (acquisition) of treasury stock, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleAcquisitionOfTreasuryStockNet" xlink:to="bap_SaleAcquisitionOfTreasuryStockNet_lbl1" xlink:title="label: SaleAcquisitionOfTreasuryStockNet to bap_SaleAcquisitionOfTreasuryStockNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SaleAcquisitionOfTreasuryStockNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SaleAcquisitionOfTreasuryStockNet" xml:lang="en-US" id="bap_SaleAcquisitionOfTreasuryStockNet">Sale (acquisition) of treasury stock, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleAcquisitionOfTreasuryStockNet" xlink:to="bap_SaleAcquisitionOfTreasuryStockNet" xlink:title="label: SaleAcquisitionOfTreasuryStockNet to bap_SaleAcquisitionOfTreasuryStockNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl">The disclosure of detailed information about basic and diluted earnings per share.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock to bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl1">Disclosure of detailed information about basic and diluted earnings per share [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock to bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock">Net earnings per ordinary share attributable to equity holders of group</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock to bap_DisclosureOfDetailedInformationAboutBasicAndDilutedEarningsPerShareTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeCreditoDeBoliviaMember" xlink:label="BancoDeCreditoDeBoliviaMember" xlink:title="BancoDeCreditoDeBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDeBoliviaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeCreditoDeBoliviaMember_lbl" xml:lang="en-US" id="bap_BancoDeCreditoDeBoliviaMember_lbl">This member stands for Banco de Credito de Bolivia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDeBoliviaMember" xlink:to="bap_BancoDeCreditoDeBoliviaMember_lbl" xlink:title="label: BancoDeCreditoDeBoliviaMember to bap_BancoDeCreditoDeBoliviaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDeBoliviaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeCreditoDeBoliviaMember_lbl1" xml:lang="en-US" id="bap_BancoDeCreditoDeBoliviaMember_lbl1">Banco De Credito De Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDeBoliviaMember" xlink:to="bap_BancoDeCreditoDeBoliviaMember_lbl1" xlink:title="label: BancoDeCreditoDeBoliviaMember to bap_BancoDeCreditoDeBoliviaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDeBoliviaMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BancoDeCreditoDeBoliviaMember" xml:lang="en-US" id="bap_BancoDeCreditoDeBoliviaMember">Banco de Credito de Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDeBoliviaMember" xlink:to="bap_BancoDeCreditoDeBoliviaMember" xlink:title="label: BancoDeCreditoDeBoliviaMember to bap_BancoDeCreditoDeBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDeBoliviaMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeCreditoDeBoliviaMember_lbl2" xml:lang="en-US" id="bap_BancoDeCreditoDeBoliviaMember_lbl2">Banco De Credito De Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDeBoliviaMember" xlink:to="bap_BancoDeCreditoDeBoliviaMember_lbl2" xlink:title="label: BancoDeCreditoDeBoliviaMember to bap_BancoDeCreditoDeBoliviaMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoColombiaMember" xlink:label="MibancoColombiaMember" xlink:title="MibancoColombiaMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoColombiaMember_lbl" xml:lang="en-US" id="bap_MibancoColombiaMember_lbl">This member stands for MiBanco Colombia .</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaMember" xlink:to="bap_MibancoColombiaMember_lbl" xlink:title="label: MibancoColombiaMember to bap_MibancoColombiaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoColombiaMember_lbl1" xml:lang="en-US" id="bap_MibancoColombiaMember_lbl1">Mibanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaMember" xlink:to="bap_MibancoColombiaMember_lbl1" xlink:title="label: MibancoColombiaMember to bap_MibancoColombiaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoColombiaMember" xml:lang="en-US" id="bap_MibancoColombiaMember">Mibanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaMember" xlink:to="bap_MibancoColombiaMember" xlink:title="label: MibancoColombiaMember to bap_MibancoColombiaMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MibancoColombiaMember_lbl2" xml:lang="en-US" id="bap_MibancoColombiaMember_lbl2">MiBanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaMember" xlink:to="bap_MibancoColombiaMember_lbl2" xlink:title="label: MibancoColombiaMember to bap_MibancoColombiaMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:label="AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:title="AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract_lbl1" xml:lang="en-US" id="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract_lbl1">Annual income tax declarations pending examination by overseas tax authorities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:to="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract_lbl1" xlink:title="label: AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract to bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xml:lang="en-US" id="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract">Annual income tax declarations pending examination by overseas tax authorities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:to="bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" xlink:title="label: AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract to bap_AnnualIncomeTaxDeclarationsPendingExaminationByOverseasTaxAuthoritiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AnnualIncomeTaxReturns" xlink:label="AnnualIncomeTaxReturns" xlink:title="AnnualIncomeTaxReturns" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualIncomeTaxReturns_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AnnualIncomeTaxReturns_lbl" xml:lang="en-US" id="bap_AnnualIncomeTaxReturns_lbl">It represents annual tax returns.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualIncomeTaxReturns" xlink:to="bap_AnnualIncomeTaxReturns_lbl" xlink:title="label: AnnualIncomeTaxReturns to bap_AnnualIncomeTaxReturns_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualIncomeTaxReturns_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AnnualIncomeTaxReturns_lbl1" xml:lang="en-US" id="bap_AnnualIncomeTaxReturns_lbl1">Annual Income Tax Returns</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualIncomeTaxReturns" xlink:to="bap_AnnualIncomeTaxReturns_lbl1" xlink:title="label: AnnualIncomeTaxReturns to bap_AnnualIncomeTaxReturns_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualIncomeTaxReturns" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AnnualIncomeTaxReturns" xml:lang="en-US" id="bap_AnnualIncomeTaxReturns">Annual income tax returns</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualIncomeTaxReturns" xlink:to="bap_AnnualIncomeTaxReturns" xlink:title="label: AnnualIncomeTaxReturns to bap_AnnualIncomeTaxReturns" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:label="PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:title="PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl" xml:lang="en-US" id="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl">The period taxpayers are obliged to apply transfer prices or taxpayers who report tax losses, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:to="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl" xlink:title="label: PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses to bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl1" xml:lang="en-US" id="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl1">Period for taxpayers obliged to apply transfer prices and report tax losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:to="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl1" xlink:title="label: PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses to bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xml:lang="en-US" id="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses">Period for taxpayers obliged to apply transfer prices and report tax losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:to="bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" xlink:title="label: PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses to bap_PeriodForTaxpayersObligedToApplyTransferPricesAndReportTaxLosses" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:label="DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:title="DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl">The tabular disclosure of detailed information about income tax returns of major subsidiaries auditing the sworn declaration by the tax authorities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl" xlink:title="label: DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl1">Disclosure income tax returns of major subsidiaries auditing sworn declaration by tax authorities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl1" xlink:title="label: DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock">Income Tax Returns of Major Subsidiaries Auditing the Sworn Declaration by Tax Authorities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" xlink:title="label: DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsOfMajorSubsidiariesAuditingSwornDeclarationByTaxAuthoritiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl">The tabular disclosure of detailed information about income tax expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl1">Disclosure of detailed information about income tax expenses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock">Income Tax Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutIncomeTaxExpensesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:label="DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:title="DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl">The tabular disclosure of detailed information about income tax returns subsidiaries respective tax authorities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl" xlink:title="label: DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl1">Disclosure income tax returns subsidiaries respective tax authorities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl1" xlink:title="label: DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock">Annual Income Tax Declarations Pending Examination by the Overseas Tax Authorities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" xlink:title="label: DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsSubsidiariesRespectiveTaxAuthoritiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl">The tabular disclosure of detailed information about reconciliation between the statutory income tax rate and the effective tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock to bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl1">Disclosure of detailed information about reconciliation between the statutory income tax rate and the effective tax rate [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock to bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock">Reconciliation Between the Statutory Income Tax Rate and Effective Tax Rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock to bap_DisclosureOfDetailedInformationAboutReconciliationBetweenStatutoryIncomeTaxRateAndEffectiveTaxRateTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:label="DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:title="DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl">The tabular disclosure of detailed information about income tax returns major subsidiaries open for examination tax authorities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl" xlink:title="label: DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl1">Disclosure Income Tax Returns Major Subsidiaries Open For Examination Tax Authorities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl1" xlink:title="label: DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xml:lang="en-US" id="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock">Income Tax Returns of Major Subsidiaries Open for Examination by Tax Authorities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:to="bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" xlink:title="label: DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock to bap_DisclosureIncomeTaxReturnsMajorSubsidiariesOpenForExaminationTaxAuthoritiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:label="DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:title="DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl">The disclosure of salaries and employees benefits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:to="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl" xlink:title="label: DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock to bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl1">Disclosure of salaries and employees benefits [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:to="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl1" xlink:title="label: DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock to bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock">Components of Salaries and Employees Benefits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:to="bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" xlink:title="label: DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock to bap_DisclosureOfSalariesAndEmployeesBenefitsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaturityDateOfInstruments" xlink:label="MaturityDateOfInstruments" xlink:title="MaturityDateOfInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityDateOfInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaturityDateOfInstruments_lbl" xml:lang="en-US" id="bap_MaturityDateOfInstruments_lbl">The maturity date of instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityDateOfInstruments" xlink:to="bap_MaturityDateOfInstruments_lbl" xlink:title="label: MaturityDateOfInstruments to bap_MaturityDateOfInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityDateOfInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaturityDateOfInstruments_lbl1" xml:lang="en-US" id="bap_MaturityDateOfInstruments_lbl1">Maturity date of instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityDateOfInstruments" xlink:to="bap_MaturityDateOfInstruments_lbl1" xlink:title="label: MaturityDateOfInstruments to bap_MaturityDateOfInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MaturityDateOfInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MaturityDateOfInstruments" xml:lang="en-US" id="bap_MaturityDateOfInstruments">Maturity date of instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaturityDateOfInstruments" xlink:to="bap_MaturityDateOfInstruments" xlink:title="label: MaturityDateOfInstruments to bap_MaturityDateOfInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:label="AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:title="AnnualEffectiveInterestRateOfHeldToMaturityInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl" xml:lang="en-US" id="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl">The effective interest rate of financial assets classified held to maturity investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:to="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl" xlink:title="label: AnnualEffectiveInterestRateOfHeldToMaturityInvestments to bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl1" xml:lang="en-US" id="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl1">Annual effective interest rate of held to maturity investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:to="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl1" xlink:title="label: AnnualEffectiveInterestRateOfHeldToMaturityInvestments to bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xml:lang="en-US" id="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments">Annual effective interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:to="bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments" xlink:title="label: AnnualEffectiveInterestRateOfHeldToMaturityInvestments to bap_AnnualEffectiveInterestRateOfHeldToMaturityInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfMutualFund" xlink:label="PercentageOfMutualFund" xlink:title="PercentageOfMutualFund" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfMutualFund_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfMutualFund_lbl" xml:lang="en-US" id="bap_PercentageOfMutualFund_lbl">It represents the percentage of mutual fund.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfMutualFund" xlink:to="bap_PercentageOfMutualFund_lbl" xlink:title="label: PercentageOfMutualFund to bap_PercentageOfMutualFund_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfMutualFund_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfMutualFund_lbl1" xml:lang="en-US" id="bap_PercentageOfMutualFund_lbl1">Percentage of mutual fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfMutualFund" xlink:to="bap_PercentageOfMutualFund_lbl1" xlink:title="label: PercentageOfMutualFund to bap_PercentageOfMutualFund_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CertificatesOfDeposits" xlink:label="CertificatesOfDeposits" xlink:title="CertificatesOfDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CertificatesOfDeposits_lbl" xml:lang="en-US" id="bap_CertificatesOfDeposits_lbl">Amount of certificate of deposit liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDeposits" xlink:to="bap_CertificatesOfDeposits_lbl" xlink:title="label: CertificatesOfDeposits to bap_CertificatesOfDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CertificatesOfDeposits_lbl1" xml:lang="en-US" id="bap_CertificatesOfDeposits_lbl1">Certificates of Deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDeposits" xlink:to="bap_CertificatesOfDeposits_lbl1" xlink:title="label: CertificatesOfDeposits to bap_CertificatesOfDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CertificatesOfDeposits" xml:lang="en-US" id="bap_CertificatesOfDeposits">Certificates of deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfDeposits" xlink:to="bap_CertificatesOfDeposits" xlink:title="label: CertificatesOfDeposits to bap_CertificatesOfDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherCountryMember" xlink:label="OtherCountryMember" xlink:title="OtherCountryMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCountryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherCountryMember_lbl" xml:lang="en-US" id="bap_OtherCountryMember_lbl">This member stands for other country.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCountryMember" xlink:to="bap_OtherCountryMember_lbl" xlink:title="label: OtherCountryMember to bap_OtherCountryMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCountryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherCountryMember_lbl1" xml:lang="en-US" id="bap_OtherCountryMember_lbl1">Other Country [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCountryMember" xlink:to="bap_OtherCountryMember_lbl1" xlink:title="label: OtherCountryMember to bap_OtherCountryMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCountryMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherCountryMember" xml:lang="en-US" id="bap_OtherCountryMember">Other Countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCountryMember" xlink:to="bap_OtherCountryMember" xlink:title="label: OtherCountryMember to bap_OtherCountryMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCountryMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherCountryMember_lbl2" xml:lang="en-US" id="bap_OtherCountryMember_lbl2">Other [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCountryMember" xlink:to="bap_OtherCountryMember_lbl2" xlink:title="label: OtherCountryMember to bap_OtherCountryMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract" xlink:label="CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract" xlink:title="CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract_lbl1" xml:lang="en-US" id="bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract_lbl1">CASH COLLATERAL, REVERSE REPURCHASE AGREEMENTS AND SECURITIES BORROWING AND PAYABLES FROM REPURCHASE AGREEMENTS AND SECURITIES LENDING [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract" xlink:to="bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract_lbl1" xlink:title="label: CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract to bap_CASHCOLLATERALREVERSEREPURCHASEAGREEMENTSANDSECURITIESBORROWINGANDPAYABLESFROMREPURCHASEAGREEMENTSANDSECURITIESLENDINGAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OTHERINCOMEANDEXPENSESAbstract" xlink:label="OTHERINCOMEANDEXPENSESAbstract" xlink:title="OTHERINCOMEANDEXPENSESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OTHERINCOMEANDEXPENSESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OTHERINCOMEANDEXPENSESAbstract_lbl1" xml:lang="en-US" id="bap_OTHERINCOMEANDEXPENSESAbstract_lbl1">OTHER INCOME AND EXPENSES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OTHERINCOMEANDEXPENSESAbstract" xlink:to="bap_OTHERINCOMEANDEXPENSESAbstract_lbl1" xlink:title="label: OTHERINCOMEANDEXPENSESAbstract to bap_OTHERINCOMEANDEXPENSESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl">The disclosure of detailed information about other operating income and expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl1">Disclosure of detailed information about other operating income and expenses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock">Components of Other Income and Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherOperatingIncomeAndExpensesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherIncomeNetAbstract" xlink:label="OtherIncomeNetAbstract" xlink:title="OtherIncomeNetAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomeNetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherIncomeNetAbstract_lbl1" xml:lang="en-US" id="bap_OtherIncomeNetAbstract_lbl1">Other income net [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomeNetAbstract" xlink:to="bap_OtherIncomeNetAbstract_lbl1" xlink:title="label: OtherIncomeNetAbstract to bap_OtherIncomeNetAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomeNetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherIncomeNetAbstract" xml:lang="en-US" id="bap_OtherIncomeNetAbstract">Other income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomeNetAbstract" xlink:to="bap_OtherIncomeNetAbstract" xlink:title="label: OtherIncomeNetAbstract to bap_OtherIncomeNetAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeFromContractResolution" xlink:label="IncomeFromContractResolution" xlink:title="IncomeFromContractResolution" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromContractResolution_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncomeFromContractResolution_lbl" xml:lang="en-US" id="bap_IncomeFromContractResolution_lbl">The amount of revenue generated through resolution of contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromContractResolution" xlink:to="bap_IncomeFromContractResolution_lbl" xlink:title="label: IncomeFromContractResolution to bap_IncomeFromContractResolution_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromContractResolution_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeFromContractResolution_lbl1" xml:lang="en-US" id="bap_IncomeFromContractResolution_lbl1">Income from contract resolution</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromContractResolution" xlink:to="bap_IncomeFromContractResolution_lbl1" xlink:title="label: IncomeFromContractResolution to bap_IncomeFromContractResolution_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromContractResolution" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeFromContractResolution" xml:lang="en-US" id="bap_IncomeFromContractResolution">Contract resolution impact</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromContractResolution" xlink:to="bap_IncomeFromContractResolution" xlink:title="label: IncomeFromContractResolution to bap_IncomeFromContractResolution" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OthersExpensesAbstract" xlink:label="OthersExpensesAbstract" xlink:title="OthersExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OthersExpensesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OthersExpensesAbstract_lbl1" xml:lang="en-US" id="bap_OthersExpensesAbstract_lbl1">Others expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersExpensesAbstract" xlink:to="bap_OthersExpensesAbstract_lbl1" xlink:title="label: OthersExpensesAbstract to bap_OthersExpensesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OthersExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OthersExpensesAbstract" xml:lang="en-US" id="bap_OthersExpensesAbstract">Other expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersExpensesAbstract" xlink:to="bap_OthersExpensesAbstract" xlink:title="label: OthersExpensesAbstract to bap_OthersExpensesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:label="DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:title="DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" />
    <link:label xlink:type="resource" xlink:label="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl" xml:lang="en-US" id="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl">The amount of derecognition of intangibles due to withdrawals and dismissed projects.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl" xlink:title="label: DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects to bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl1" xml:lang="en-US" id="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl1">Derecognition of intangibles due to withdrawals and dismissed projects</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl1" xlink:title="label: DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects to bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xml:lang="en-US" id="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects">Derecognition of intangibles due to withdrawals and dismissed projects</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:to="bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" xlink:title="label: DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects to bap_DerecognitionOfIntangiblesDueToWithdrawalsAndDismissedProjects" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdministrativeAndTaxPenalties" xlink:label="AdministrativeAndTaxPenalties" xlink:title="AdministrativeAndTaxPenalties" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeAndTaxPenalties_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdministrativeAndTaxPenalties_lbl" xml:lang="en-US" id="bap_AdministrativeAndTaxPenalties_lbl">The expenses relating to administrative and tax penalties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeAndTaxPenalties" xlink:to="bap_AdministrativeAndTaxPenalties_lbl" xlink:title="label: AdministrativeAndTaxPenalties to bap_AdministrativeAndTaxPenalties_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeAndTaxPenalties_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdministrativeAndTaxPenalties_lbl1" xml:lang="en-US" id="bap_AdministrativeAndTaxPenalties_lbl1">Administrative and tax penalties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeAndTaxPenalties" xlink:to="bap_AdministrativeAndTaxPenalties_lbl1" xlink:title="label: AdministrativeAndTaxPenalties to bap_AdministrativeAndTaxPenalties_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdministrativeAndTaxPenalties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdministrativeAndTaxPenalties" xml:lang="en-US" id="bap_AdministrativeAndTaxPenalties">Administrative and tax penalties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdministrativeAndTaxPenalties" xlink:to="bap_AdministrativeAndTaxPenalties" xlink:title="label: AdministrativeAndTaxPenalties to bap_AdministrativeAndTaxPenalties" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExpenseRelatedToAssociationInParticipation" xlink:label="ExpenseRelatedToAssociationInParticipation" xlink:title="ExpenseRelatedToAssociationInParticipation" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatedToAssociationInParticipation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExpenseRelatedToAssociationInParticipation_lbl" xml:lang="en-US" id="bap_ExpenseRelatedToAssociationInParticipation_lbl">The amount of expense related to association in participation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatedToAssociationInParticipation" xlink:to="bap_ExpenseRelatedToAssociationInParticipation_lbl" xlink:title="label: ExpenseRelatedToAssociationInParticipation to bap_ExpenseRelatedToAssociationInParticipation_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatedToAssociationInParticipation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExpenseRelatedToAssociationInParticipation_lbl1" xml:lang="en-US" id="bap_ExpenseRelatedToAssociationInParticipation_lbl1">Expense related to association in participation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatedToAssociationInParticipation" xlink:to="bap_ExpenseRelatedToAssociationInParticipation_lbl1" xlink:title="label: ExpenseRelatedToAssociationInParticipation to bap_ExpenseRelatedToAssociationInParticipation_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExpenseRelatedToAssociationInParticipation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExpenseRelatedToAssociationInParticipation" xml:lang="en-US" id="bap_ExpenseRelatedToAssociationInParticipation">Association in participation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpenseRelatedToAssociationInParticipation" xlink:to="bap_ExpenseRelatedToAssociationInParticipation" xlink:title="label: ExpenseRelatedToAssociationInParticipation to bap_ExpenseRelatedToAssociationInParticipation" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionForOtherAccountsReceivable" xlink:label="ProvisionForOtherAccountsReceivable" xlink:title="ProvisionForOtherAccountsReceivable" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForOtherAccountsReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProvisionForOtherAccountsReceivable_lbl" xml:lang="en-US" id="bap_ProvisionForOtherAccountsReceivable_lbl">Provision created for the other account receivables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForOtherAccountsReceivable" xlink:to="bap_ProvisionForOtherAccountsReceivable_lbl" xlink:title="label: ProvisionForOtherAccountsReceivable to bap_ProvisionForOtherAccountsReceivable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForOtherAccountsReceivable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionForOtherAccountsReceivable_lbl1" xml:lang="en-US" id="bap_ProvisionForOtherAccountsReceivable_lbl1">Provision for other accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForOtherAccountsReceivable" xlink:to="bap_ProvisionForOtherAccountsReceivable_lbl1" xlink:title="label: ProvisionForOtherAccountsReceivable to bap_ProvisionForOtherAccountsReceivable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionForOtherAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionForOtherAccountsReceivable" xml:lang="en-US" id="bap_ProvisionForOtherAccountsReceivable">Provision for other accounts receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionForOtherAccountsReceivable" xlink:to="bap_ProvisionForOtherAccountsReceivable" xlink:title="label: ProvisionForOtherAccountsReceivable to bap_ProvisionForOtherAccountsReceivable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeFromPreviousYears" xlink:label="IncomeFromPreviousYears" xlink:title="IncomeFromPreviousYears" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromPreviousYears_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncomeFromPreviousYears_lbl" xml:lang="en-US" id="bap_IncomeFromPreviousYears_lbl">The amount of revenue generated from previous years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromPreviousYears" xlink:to="bap_IncomeFromPreviousYears_lbl" xlink:title="label: IncomeFromPreviousYears to bap_IncomeFromPreviousYears_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromPreviousYears_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeFromPreviousYears_lbl1" xml:lang="en-US" id="bap_IncomeFromPreviousYears_lbl1">Income from previous years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromPreviousYears" xlink:to="bap_IncomeFromPreviousYears_lbl1" xlink:title="label: IncomeFromPreviousYears to bap_IncomeFromPreviousYears_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeFromPreviousYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeFromPreviousYears" xml:lang="en-US" id="bap_IncomeFromPreviousYears">Income from previous years</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeFromPreviousYears" xlink:to="bap_IncomeFromPreviousYears" xlink:title="label: IncomeFromPreviousYears to bap_IncomeFromPreviousYears" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LossesDueToOperationalRisk" xlink:label="LossesDueToOperationalRisk" xlink:title="LossesDueToOperationalRisk" />
    <link:label xlink:type="resource" xlink:label="bap_LossesDueToOperationalRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LossesDueToOperationalRisk_lbl" xml:lang="en-US" id="bap_LossesDueToOperationalRisk_lbl">The losses arising due to operational risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesDueToOperationalRisk" xlink:to="bap_LossesDueToOperationalRisk_lbl" xlink:title="label: LossesDueToOperationalRisk to bap_LossesDueToOperationalRisk_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LossesDueToOperationalRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LossesDueToOperationalRisk_lbl1" xml:lang="en-US" id="bap_LossesDueToOperationalRisk_lbl1">Losses due to operational risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesDueToOperationalRisk" xlink:to="bap_LossesDueToOperationalRisk_lbl1" xlink:title="label: LossesDueToOperationalRisk to bap_LossesDueToOperationalRisk_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LossesDueToOperationalRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LossesDueToOperationalRisk" xml:lang="en-US" id="bap_LossesDueToOperationalRisk">Losses due to operational risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesDueToOperationalRisk" xlink:to="bap_LossesDueToOperationalRisk" xlink:title="label: LossesDueToOperationalRisk to bap_LossesDueToOperationalRisk" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainFromSaleOfSeizedAndRecoveredAssets" xlink:label="GainFromSaleOfSeizedAndRecoveredAssets" xlink:title="GainFromSaleOfSeizedAndRecoveredAssets" />
    <link:label xlink:type="resource" xlink:label="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl" xml:lang="en-US" id="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl">The amount of gain arising from sale of previously seized and recovered assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainFromSaleOfSeizedAndRecoveredAssets" xlink:to="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl" xlink:title="label: GainFromSaleOfSeizedAndRecoveredAssets to bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl1" xml:lang="en-US" id="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl1">Gain from sale of seized and recovered assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainFromSaleOfSeizedAndRecoveredAssets" xlink:to="bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl1" xlink:title="label: GainFromSaleOfSeizedAndRecoveredAssets to bap_GainFromSaleOfSeizedAndRecoveredAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainFromSaleOfSeizedAndRecoveredAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainFromSaleOfSeizedAndRecoveredAssets" xml:lang="en-US" id="bap_GainFromSaleOfSeizedAndRecoveredAssets">Gain from the sale of adjudicated assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainFromSaleOfSeizedAndRecoveredAssets" xlink:to="bap_GainFromSaleOfSeizedAndRecoveredAssets" xlink:title="label: GainFromSaleOfSeizedAndRecoveredAssets to bap_GainFromSaleOfSeizedAndRecoveredAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OperatingExpensesDueToCOVID19" xlink:label="OperatingExpensesDueToCOVID19" xlink:title="OperatingExpensesDueToCOVID19" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingExpensesDueToCOVID19_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OperatingExpensesDueToCOVID19_lbl" xml:lang="en-US" id="bap_OperatingExpensesDueToCOVID19_lbl">The amount of operating expenses due to COVID-19.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesDueToCOVID19" xlink:to="bap_OperatingExpensesDueToCOVID19_lbl" xlink:title="label: OperatingExpensesDueToCOVID19 to bap_OperatingExpensesDueToCOVID19_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingExpensesDueToCOVID19_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OperatingExpensesDueToCOVID19_lbl1" xml:lang="en-US" id="bap_OperatingExpensesDueToCOVID19_lbl1">Operating expenses due to COVID-19</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesDueToCOVID19" xlink:to="bap_OperatingExpensesDueToCOVID19_lbl1" xlink:title="label: OperatingExpensesDueToCOVID19 to bap_OperatingExpensesDueToCOVID19_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingExpensesDueToCOVID19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OperatingExpensesDueToCOVID19" xml:lang="en-US" id="bap_OperatingExpensesDueToCOVID19">Operating expenses due to COVID-19</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingExpensesDueToCOVID19" xlink:to="bap_OperatingExpensesDueToCOVID19" xlink:title="label: OperatingExpensesDueToCOVID19 to bap_OperatingExpensesDueToCOVID19" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:label="RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:title="RecoveriesOfOtherAccountsReceivableAndOtherAssets" />
    <link:label xlink:type="resource" xlink:label="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl" xml:lang="en-US" id="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl">The amount of income from recoveries of other accounts receivable and other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:to="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl" xlink:title="label: RecoveriesOfOtherAccountsReceivableAndOtherAssets to bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl1" xml:lang="en-US" id="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl1">Recoveries of other accounts receivable and other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:to="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl1" xlink:title="label: RecoveriesOfOtherAccountsReceivableAndOtherAssets to bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets" xml:lang="en-US" id="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets">Recovery of other accounts receivable and other assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:to="bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets" xlink:title="label: RecoveriesOfOtherAccountsReceivableAndOtherAssets to bap_RecoveriesOfOtherAccountsReceivableAndOtherAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherMiscellaneousOperatingExpense" xlink:label="OtherMiscellaneousOperatingExpense" xlink:title="OtherMiscellaneousOperatingExpense" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherMiscellaneousOperatingExpense_lbl" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingExpense_lbl">The amount of other miscellaneous operating expense that the entity does not separately disclose in the same statement or note.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingExpense" xlink:to="bap_OtherMiscellaneousOperatingExpense_lbl" xlink:title="label: OtherMiscellaneousOperatingExpense to bap_OtherMiscellaneousOperatingExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherMiscellaneousOperatingExpense_lbl1" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingExpense_lbl1">Other miscellaneous operating expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingExpense" xlink:to="bap_OtherMiscellaneousOperatingExpense_lbl1" xlink:title="label: OtherMiscellaneousOperatingExpense to bap_OtherMiscellaneousOperatingExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherMiscellaneousOperatingExpense" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingExpense">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingExpense" xlink:to="bap_OtherMiscellaneousOperatingExpense" xlink:title="label: OtherMiscellaneousOperatingExpense to bap_OtherMiscellaneousOperatingExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherMiscellaneousOperatingIncome" xlink:label="OtherMiscellaneousOperatingIncome" xlink:title="OtherMiscellaneousOperatingIncome" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherMiscellaneousOperatingIncome_lbl" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingIncome_lbl">The amount of other miscellaneous operating income that the entity does not separately disclose in the same statement or note.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingIncome" xlink:to="bap_OtherMiscellaneousOperatingIncome_lbl" xlink:title="label: OtherMiscellaneousOperatingIncome to bap_OtherMiscellaneousOperatingIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherMiscellaneousOperatingIncome_lbl1" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingIncome_lbl1">Other miscellaneous operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingIncome" xlink:to="bap_OtherMiscellaneousOperatingIncome_lbl1" xlink:title="label: OtherMiscellaneousOperatingIncome to bap_OtherMiscellaneousOperatingIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMiscellaneousOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherMiscellaneousOperatingIncome" xml:lang="en-US" id="bap_OtherMiscellaneousOperatingIncome">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMiscellaneousOperatingIncome" xlink:to="bap_OtherMiscellaneousOperatingIncome" xlink:title="label: OtherMiscellaneousOperatingIncome to bap_OtherMiscellaneousOperatingIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterBankFunds" xlink:label="InterBankFunds" xlink:title="InterBankFunds" />
    <link:label xlink:type="resource" xlink:label="bap_InterBankFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterBankFunds_lbl" xml:lang="en-US" id="bap_InterBankFunds_lbl">The amount of outstanding inter-bank funds that the entity is obligated to repay.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterBankFunds" xlink:to="bap_InterBankFunds_lbl" xlink:title="label: InterBankFunds to bap_InterBankFunds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterBankFunds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterBankFunds_lbl1" xml:lang="en-US" id="bap_InterBankFunds_lbl1">Inter-bank funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterBankFunds" xlink:to="bap_InterBankFunds_lbl1" xlink:title="label: InterBankFunds to bap_InterBankFunds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterBankFunds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterBankFunds" xml:lang="en-US" id="bap_InterBankFunds">Inter-bank funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterBankFunds" xlink:to="bap_InterBankFunds" xlink:title="label: InterBankFunds to bap_InterBankFunds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestPayableOnDepositsFromBanks" xlink:label="InterestPayableOnDepositsFromBanks" xlink:title="InterestPayableOnDepositsFromBanks" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromBanks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestPayableOnDepositsFromBanks_lbl" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromBanks_lbl">The amount of interest on deposits from banks recognised as a liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromBanks" xlink:to="bap_InterestPayableOnDepositsFromBanks_lbl" xlink:title="label: InterestPayableOnDepositsFromBanks to bap_InterestPayableOnDepositsFromBanks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromBanks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestPayableOnDepositsFromBanks_lbl1" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromBanks_lbl1">Interest Payable On Deposits From Banks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromBanks" xlink:to="bap_InterestPayableOnDepositsFromBanks_lbl1" xlink:title="label: InterestPayableOnDepositsFromBanks to bap_InterestPayableOnDepositsFromBanks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestPayableOnDepositsFromBanks" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromBanks">Interest payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromBanks" xlink:to="bap_InterestPayableOnDepositsFromBanks" xlink:title="label: InterestPayableOnDepositsFromBanks to bap_InterestPayableOnDepositsFromBanks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeTaxExpensesAbstract" xlink:label="IncomeTaxExpensesAbstract" xlink:title="IncomeTaxExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxExpensesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeTaxExpensesAbstract_lbl1" xml:lang="en-US" id="bap_IncomeTaxExpensesAbstract_lbl1">Income tax expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpensesAbstract" xlink:to="bap_IncomeTaxExpensesAbstract_lbl1" xlink:title="label: IncomeTaxExpensesAbstract to bap_IncomeTaxExpensesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeTaxExpensesAbstract" xml:lang="en-US" id="bap_IncomeTaxExpensesAbstract">Income Tax Expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxExpensesAbstract" xlink:to="bap_IncomeTaxExpensesAbstract" xlink:title="label: IncomeTaxExpensesAbstract to bap_IncomeTaxExpensesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDepositsAndObligationsTable" xlink:label="DisclosureOfDepositsAndObligationsTable" xlink:title="DisclosureOfDepositsAndObligationsTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDepositsAndObligationsTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsTable_lbl">Disclosure of information about deposits and obligations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsTable" xlink:to="bap_DisclosureOfDepositsAndObligationsTable_lbl" xlink:title="label: DisclosureOfDepositsAndObligationsTable to bap_DisclosureOfDepositsAndObligationsTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDepositsAndObligationsTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsTable_lbl1">Disclosure of deposits and obligations [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsTable" xlink:to="bap_DisclosureOfDepositsAndObligationsTable_lbl1" xlink:title="label: DisclosureOfDepositsAndObligationsTable to bap_DisclosureOfDepositsAndObligationsTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDepositsAndObligationsLineItems" xlink:label="DisclosureOfDepositsAndObligationsLineItems" xlink:title="DisclosureOfDepositsAndObligationsLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDepositsAndObligationsLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsLineItems" xlink:to="bap_DisclosureOfDepositsAndObligationsLineItems_lbl" xlink:title="label: DisclosureOfDepositsAndObligationsLineItems to bap_DisclosureOfDepositsAndObligationsLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDepositsAndObligationsLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsLineItems_lbl1">Disclosure of deposits and obligations [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsLineItems" xlink:to="bap_DisclosureOfDepositsAndObligationsLineItems_lbl1" xlink:title="label: DisclosureOfDepositsAndObligationsLineItems to bap_DisclosureOfDepositsAndObligationsLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FondoDeSeguroDeDepositosMember" xlink:label="FondoDeSeguroDeDepositosMember" xlink:title="FondoDeSeguroDeDepositosMember" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeSeguroDeDepositosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FondoDeSeguroDeDepositosMember_lbl" xml:lang="en-US" id="bap_FondoDeSeguroDeDepositosMember_lbl">This member stands for deposit insurance fund secured by the Peruvian Fondo de Seguro de Depositos.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeSeguroDeDepositosMember" xlink:to="bap_FondoDeSeguroDeDepositosMember_lbl" xlink:title="label: FondoDeSeguroDeDepositosMember to bap_FondoDeSeguroDeDepositosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeSeguroDeDepositosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FondoDeSeguroDeDepositosMember_lbl1" xml:lang="en-US" id="bap_FondoDeSeguroDeDepositosMember_lbl1">Fondo De Seguro De Depositos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeSeguroDeDepositosMember" xlink:to="bap_FondoDeSeguroDeDepositosMember_lbl1" xlink:title="label: FondoDeSeguroDeDepositosMember to bap_FondoDeSeguroDeDepositosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeSeguroDeDepositosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FondoDeSeguroDeDepositosMember" xml:lang="en-US" id="bap_FondoDeSeguroDeDepositosMember">Fondo de Seguro de Depositos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeSeguroDeDepositosMember" xlink:to="bap_FondoDeSeguroDeDepositosMember" xlink:title="label: FondoDeSeguroDeDepositosMember to bap_FondoDeSeguroDeDepositosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDepositsAndObligationsAbstract" xlink:label="DisclosureOfDepositsAndObligationsAbstract" xlink:title="DisclosureOfDepositsAndObligationsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDepositsAndObligationsAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsAbstract_lbl1">DEPOSITS AND OBLIGATIONS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsAbstract" xlink:to="bap_DisclosureOfDepositsAndObligationsAbstract_lbl1" xlink:title="label: DisclosureOfDepositsAndObligationsAbstract to bap_DisclosureOfDepositsAndObligationsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDepositsAndObligationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDepositsAndObligationsAbstract" xml:lang="en-US" id="bap_DisclosureOfDepositsAndObligationsAbstract">Deposits and Obligations [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDepositsAndObligationsAbstract" xlink:to="bap_DisclosureOfDepositsAndObligationsAbstract" xlink:title="label: DisclosureOfDepositsAndObligationsAbstract to bap_DisclosureOfDepositsAndObligationsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:label="FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:title="FondoDeGarantiaDeLasInstitucionesFinancierasMember" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl" xml:lang="en-US" id="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl">This member stands for Fogafin, for its Spanish acronym secured by the Fondo de Garantia de las Instituciones Financieras.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:to="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl" xlink:title="label: FondoDeGarantiaDeLasInstitucionesFinancierasMember to bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl1" xml:lang="en-US" id="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl1">Fondo de Garantia de las Instituciones Financieras [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:to="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl1" xlink:title="label: FondoDeGarantiaDeLasInstitucionesFinancierasMember to bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember" xml:lang="en-US" id="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember">Fondo de Garantia de las Instituciones Financieras [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:to="bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember" xlink:title="label: FondoDeGarantiaDeLasInstitucionesFinancierasMember to bap_FondoDeGarantiaDeLasInstitucionesFinancierasMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaximumCoveragePerDepositor" xlink:label="MaximumCoveragePerDepositor" xlink:title="MaximumCoveragePerDepositor" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumCoveragePerDepositor_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaximumCoveragePerDepositor_lbl" xml:lang="en-US" id="bap_MaximumCoveragePerDepositor_lbl">The maximum amount of coverage per depositor.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumCoveragePerDepositor" xlink:to="bap_MaximumCoveragePerDepositor_lbl" xlink:title="label: MaximumCoveragePerDepositor to bap_MaximumCoveragePerDepositor_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumCoveragePerDepositor_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaximumCoveragePerDepositor_lbl1" xml:lang="en-US" id="bap_MaximumCoveragePerDepositor_lbl1">Maximum coverage per depositor</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumCoveragePerDepositor" xlink:to="bap_MaximumCoveragePerDepositor_lbl1" xlink:title="label: MaximumCoveragePerDepositor to bap_MaximumCoveragePerDepositor_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumCoveragePerDepositor" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MaximumCoveragePerDepositor" xml:lang="en-US" id="bap_MaximumCoveragePerDepositor">Maximum coverage per depositor</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumCoveragePerDepositor" xlink:to="bap_MaximumCoveragePerDepositor" xlink:title="label: MaximumCoveragePerDepositor to bap_MaximumCoveragePerDepositor" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FondoDeProteccinAlAhorristaMember" xlink:label="FondoDeProteccinAlAhorristaMember" xlink:title="FondoDeProteccinAlAhorristaMember" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeProteccinAlAhorristaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FondoDeProteccinAlAhorristaMember_lbl" xml:lang="en-US" id="bap_FondoDeProteccinAlAhorristaMember_lbl">This member stands for Fpah for its Spanish acronym secured by the Fondo Proteccion al Ahorrista.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeProteccinAlAhorristaMember" xlink:to="bap_FondoDeProteccinAlAhorristaMember_lbl" xlink:title="label: FondoDeProteccinAlAhorristaMember to bap_FondoDeProteccinAlAhorristaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeProteccinAlAhorristaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FondoDeProteccinAlAhorristaMember_lbl1" xml:lang="en-US" id="bap_FondoDeProteccinAlAhorristaMember_lbl1">Fondo De Proteccin al Ahorrista [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeProteccinAlAhorristaMember" xlink:to="bap_FondoDeProteccinAlAhorristaMember_lbl1" xlink:title="label: FondoDeProteccinAlAhorristaMember to bap_FondoDeProteccinAlAhorristaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FondoDeProteccinAlAhorristaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FondoDeProteccinAlAhorristaMember" xml:lang="en-US" id="bap_FondoDeProteccinAlAhorristaMember">Fondo De Proteccin al Ahorrista [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FondoDeProteccinAlAhorristaMember" xlink:to="bap_FondoDeProteccinAlAhorristaMember" xlink:title="label: FondoDeProteccinAlAhorristaMember to bap_FondoDeProteccinAlAhorristaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestBearingDeposit" xlink:label="InterestBearingDeposit" xlink:title="InterestBearingDeposit" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestBearingDeposit_lbl" xml:lang="en-US" id="bap_InterestBearingDeposit_lbl">The amount of interest bearing deposit from customers as well as banks held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposit" xlink:to="bap_InterestBearingDeposit_lbl" xlink:title="label: InterestBearingDeposit to bap_InterestBearingDeposit_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposit_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestBearingDeposit_lbl1" xml:lang="en-US" id="bap_InterestBearingDeposit_lbl1">Interest bearing deposit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposit" xlink:to="bap_InterestBearingDeposit_lbl1" xlink:title="label: InterestBearingDeposit to bap_InterestBearingDeposit_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestBearingDeposit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestBearingDeposit" xml:lang="en-US" id="bap_InterestBearingDeposit">Interest bearing deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestBearingDeposit" xlink:to="bap_InterestBearingDeposit" xlink:title="label: InterestBearingDeposit to bap_InterestBearingDeposit" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepositsFromCustomerExcludingAccruedInterest" xlink:label="DepositsFromCustomerExcludingAccruedInterest" xlink:title="DepositsFromCustomerExcludingAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsFromCustomerExcludingAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepositsFromCustomerExcludingAccruedInterest_lbl" xml:lang="en-US" id="bap_DepositsFromCustomerExcludingAccruedInterest_lbl">The amount of deposit liabilities excluding accrued interest held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomerExcludingAccruedInterest" xlink:to="bap_DepositsFromCustomerExcludingAccruedInterest_lbl" xlink:title="label: DepositsFromCustomerExcludingAccruedInterest to bap_DepositsFromCustomerExcludingAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsFromCustomerExcludingAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepositsFromCustomerExcludingAccruedInterest_lbl1" xml:lang="en-US" id="bap_DepositsFromCustomerExcludingAccruedInterest_lbl1">Deposits from customer excluding accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomerExcludingAccruedInterest" xlink:to="bap_DepositsFromCustomerExcludingAccruedInterest_lbl1" xlink:title="label: DepositsFromCustomerExcludingAccruedInterest to bap_DepositsFromCustomerExcludingAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsFromCustomerExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DepositsFromCustomerExcludingAccruedInterest" xml:lang="en-US" id="bap_DepositsFromCustomerExcludingAccruedInterest">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsFromCustomerExcludingAccruedInterest" xlink:to="bap_DepositsFromCustomerExcludingAccruedInterest" xlink:title="label: DepositsFromCustomerExcludingAccruedInterest to bap_DepositsFromCustomerExcludingAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable" xlink:label="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable" xlink:title="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable_lbl1">Disclosure of Cash Collateral, Reverse Repurchase Agreements And Securities Borrowings And Payables From Repurchase Agreements And Security Lendings [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable" xlink:to="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable_lbl1" xlink:title="label: DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable to bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingsTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems" xlink:label="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems" xlink:title="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems_lbl1">Disclosure of cash collateral, reverse repurchase agreements and securities borrowings and payables from repurchase agreements and security lending [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems" xlink:to="bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems_lbl1" xlink:title="label: DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems to bap_DisclosureOfCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsAndPayablesFromRepurchaseAgreementsAndSecurityLendingLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:label="CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:title="CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl" xml:lang="en-US" id="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl">This member stands for cash collateral on repurchase agreements and security lending.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:to="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl" xlink:title="label: CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember to bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl1" xml:lang="en-US" id="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl1">Cash collateral on repurchase agreements and security lending [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:to="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl1" xlink:title="label: CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember to bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xml:lang="en-US" id="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember">Cash Collateral on Repurchase Agreements and Security Lendings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:to="bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" xlink:title="label: CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember to bap_CashCollateralOnRepurchaseAgreementsAndSecurityLendingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract" xlink:label="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract" xlink:title="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract_lbl1" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract_lbl1">Reverse repurchase agreements and cash collateral on securities borrowed [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract" xlink:to="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract_lbl1" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract to bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReceivablesForShortSalesMember" xlink:label="ReceivablesForShortSalesMember" xlink:title="ReceivablesForShortSalesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesForShortSalesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReceivablesForShortSalesMember_lbl" xml:lang="en-US" id="bap_ReceivablesForShortSalesMember_lbl">Th member stands for receivables for short sales.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesForShortSalesMember" xlink:to="bap_ReceivablesForShortSalesMember_lbl" xlink:title="label: ReceivablesForShortSalesMember to bap_ReceivablesForShortSalesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesForShortSalesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReceivablesForShortSalesMember_lbl1" xml:lang="en-US" id="bap_ReceivablesForShortSalesMember_lbl1">Receivables for short sales [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesForShortSalesMember" xlink:to="bap_ReceivablesForShortSalesMember_lbl1" xlink:title="label: ReceivablesForShortSalesMember to bap_ReceivablesForShortSalesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesForShortSalesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReceivablesForShortSalesMember" xml:lang="en-US" id="bap_ReceivablesForShortSalesMember">Receivables for Short Sales [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesForShortSalesMember" xlink:to="bap_ReceivablesForShortSalesMember" xlink:title="label: ReceivablesForShortSalesMember to bap_ReceivablesForShortSalesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:label="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:title="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl">The amount of instruments purchased for resale in reverse repurchase agreements and cash collateral on securities borrowed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl1" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl1">Cash collateral, reverse repurchase agreements and securities borrowing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl1" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing">Cash collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowing" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CentralReserveBankOfPeruMember" xlink:label="CentralReserveBankOfPeruMember" xlink:title="CentralReserveBankOfPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_CentralReserveBankOfPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CentralReserveBankOfPeruMember_lbl" xml:lang="en-US" id="bap_CentralReserveBankOfPeruMember_lbl">This member stands for central reserve bank of Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralReserveBankOfPeruMember" xlink:to="bap_CentralReserveBankOfPeruMember_lbl" xlink:title="label: CentralReserveBankOfPeruMember to bap_CentralReserveBankOfPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CentralReserveBankOfPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CentralReserveBankOfPeruMember_lbl1" xml:lang="en-US" id="bap_CentralReserveBankOfPeruMember_lbl1">Central reserve bank of Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralReserveBankOfPeruMember" xlink:to="bap_CentralReserveBankOfPeruMember_lbl1" xlink:title="label: CentralReserveBankOfPeruMember to bap_CentralReserveBankOfPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CentralReserveBankOfPeruMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CentralReserveBankOfPeruMember" xml:lang="en-US" id="bap_CentralReserveBankOfPeruMember">Central Reserve Bank of Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralReserveBankOfPeruMember" xlink:to="bap_CentralReserveBankOfPeruMember" xlink:title="label: CentralReserveBankOfPeruMember to bap_CentralReserveBankOfPeruMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:label="ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:title="ReverseRepurchaseAgreementAndSecurityBorrowingsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl">This member stands for reverse repurchase agreement and security borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:to="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl" xlink:title="label: ReverseRepurchaseAgreementAndSecurityBorrowingsMember to bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl1" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl1">Reverse repurchase agreement and security borrowings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:to="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl1" xlink:title="label: ReverseRepurchaseAgreementAndSecurityBorrowingsMember to bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember">Reverse Repurchase Agreement and Security Borrowings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:to="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember" xlink:title="label: ReverseRepurchaseAgreementAndSecurityBorrowingsMember to bap_ReverseRepurchaseAgreementAndSecurityBorrowingsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoCentralDeBoliviaMember" xlink:label="BancoCentralDeBoliviaMember" xlink:title="BancoCentralDeBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoCentralDeBoliviaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoCentralDeBoliviaMember_lbl" xml:lang="en-US" id="bap_BancoCentralDeBoliviaMember_lbl">This member stands for Banco Central de Bolivia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoCentralDeBoliviaMember" xlink:to="bap_BancoCentralDeBoliviaMember_lbl" xlink:title="label: BancoCentralDeBoliviaMember to bap_BancoCentralDeBoliviaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoCentralDeBoliviaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoCentralDeBoliviaMember_lbl1" xml:lang="en-US" id="bap_BancoCentralDeBoliviaMember_lbl1">Banco Central de Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoCentralDeBoliviaMember" xlink:to="bap_BancoCentralDeBoliviaMember_lbl1" xlink:title="label: BancoCentralDeBoliviaMember to bap_BancoCentralDeBoliviaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoCentralDeBoliviaMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BancoCentralDeBoliviaMember" xml:lang="en-US" id="bap_BancoCentralDeBoliviaMember">Banco de Central de Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoCentralDeBoliviaMember" xlink:to="bap_BancoCentralDeBoliviaMember" xlink:title="label: BancoCentralDeBoliviaMember to bap_BancoCentralDeBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoCentralDeBoliviaMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoCentralDeBoliviaMember_lbl2" xml:lang="en-US" id="bap_BancoCentralDeBoliviaMember_lbl2">Banco Central de Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoCentralDeBoliviaMember" xlink:to="bap_BancoCentralDeBoliviaMember_lbl2" xlink:title="label: BancoCentralDeBoliviaMember to bap_BancoCentralDeBoliviaMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CentralBankOfBoliviaMember" xlink:label="CentralBankOfBoliviaMember" xlink:title="CentralBankOfBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfBoliviaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CentralBankOfBoliviaMember_lbl" xml:lang="en-US" id="bap_CentralBankOfBoliviaMember_lbl">This member stands for Central Bank of Bolivia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfBoliviaMember" xlink:to="bap_CentralBankOfBoliviaMember_lbl" xlink:title="label: CentralBankOfBoliviaMember to bap_CentralBankOfBoliviaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfBoliviaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CentralBankOfBoliviaMember_lbl1" xml:lang="en-US" id="bap_CentralBankOfBoliviaMember_lbl1">Central Bank of Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfBoliviaMember" xlink:to="bap_CentralBankOfBoliviaMember_lbl1" xlink:title="label: CentralBankOfBoliviaMember to bap_CentralBankOfBoliviaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CentralBankOfBoliviaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CentralBankOfBoliviaMember" xml:lang="en-US" id="bap_CentralBankOfBoliviaMember">Central Bank of Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CentralBankOfBoliviaMember" xlink:to="bap_CentralBankOfBoliviaMember" xlink:title="label: CentralBankOfBoliviaMember to bap_CentralBankOfBoliviaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcrpOneMember" xlink:label="BcrpOneMember" xlink:title="BcrpOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcrpOneMember_lbl" xml:lang="en-US" id="bap_BcrpOneMember_lbl">This member stands for Bcrp one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpOneMember" xlink:to="bap_BcrpOneMember_lbl" xlink:title="label: BcrpOneMember to bap_BcrpOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcrpOneMember_lbl1" xml:lang="en-US" id="bap_BcrpOneMember_lbl1">Bcrp one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpOneMember" xlink:to="bap_BcrpOneMember_lbl1" xlink:title="label: BcrpOneMember to bap_BcrpOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpOneMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BcrpOneMember" xml:lang="en-US" id="bap_BcrpOneMember">BCRP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpOneMember" xlink:to="bap_BcrpOneMember" xlink:title="label: BcrpOneMember to bap_BcrpOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpOneMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BcrpOneMember_lbl2" xml:lang="en-US" id="bap_BcrpOneMember_lbl2">BCRP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpOneMember" xlink:to="bap_BcrpOneMember_lbl2" xlink:title="label: BcrpOneMember to bap_BcrpOneMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:label="ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:title="ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract_lbl1" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract_lbl1">Reverse repurchase agreement and security borrowings [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:to="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract_lbl1" xlink:title="label: ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract to bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract">Reverse repurchase agreements and securities borrowing, collateral transactions [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:to="bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" xlink:title="label: ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract to bap_ReverseRepurchaseAgreementAndSecurityBorrowingsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:label="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:title="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl">The rate of interest on Reverse repurchase agreements and cash collateral on securities borrowed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:to="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate to bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl1" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl1">Reverse repurchase agreements and cash collateral on securities borrowed, interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:to="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl1" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate to bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xml:lang="en-US" id="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate">Average interest rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:to="bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" xlink:title="label: ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate to bap_ReverseRepurchaseAgreementsAndCashCollateralOnSecuritiesBorrowedInterestRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherInstrumentsMember" xlink:label="OtherInstrumentsMember" xlink:title="OtherInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherInstrumentsMember_lbl" xml:lang="en-US" id="bap_OtherInstrumentsMember_lbl">This member stands for other instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInstrumentsMember" xlink:to="bap_OtherInstrumentsMember_lbl" xlink:title="label: OtherInstrumentsMember to bap_OtherInstrumentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherInstrumentsMember_lbl1" xml:lang="en-US" id="bap_OtherInstrumentsMember_lbl1">Other instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInstrumentsMember" xlink:to="bap_OtherInstrumentsMember_lbl1" xlink:title="label: OtherInstrumentsMember to bap_OtherInstrumentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherInstrumentsMember" xml:lang="en-US" id="bap_OtherInstrumentsMember">Other Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInstrumentsMember" xlink:to="bap_OtherInstrumentsMember" xlink:title="label: OtherInstrumentsMember to bap_OtherInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InstrumentsIssuedByChileanGovernmentMember" xlink:label="InstrumentsIssuedByChileanGovernmentMember" xlink:title="InstrumentsIssuedByChileanGovernmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByChileanGovernmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InstrumentsIssuedByChileanGovernmentMember_lbl" xml:lang="en-US" id="bap_InstrumentsIssuedByChileanGovernmentMember_lbl">This member stands for Instruments issued by Chilean government.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByChileanGovernmentMember" xlink:to="bap_InstrumentsIssuedByChileanGovernmentMember_lbl" xlink:title="label: InstrumentsIssuedByChileanGovernmentMember to bap_InstrumentsIssuedByChileanGovernmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByChileanGovernmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InstrumentsIssuedByChileanGovernmentMember_lbl1" xml:lang="en-US" id="bap_InstrumentsIssuedByChileanGovernmentMember_lbl1">Instruments issued by Chilean government [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByChileanGovernmentMember" xlink:to="bap_InstrumentsIssuedByChileanGovernmentMember_lbl1" xlink:title="label: InstrumentsIssuedByChileanGovernmentMember to bap_InstrumentsIssuedByChileanGovernmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByChileanGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InstrumentsIssuedByChileanGovernmentMember" xml:lang="en-US" id="bap_InstrumentsIssuedByChileanGovernmentMember">Instruments Issued by the Chilean Government [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByChileanGovernmentMember" xlink:to="bap_InstrumentsIssuedByChileanGovernmentMember" xlink:title="label: InstrumentsIssuedByChileanGovernmentMember to bap_InstrumentsIssuedByChileanGovernmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:label="LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:title="LaterThanThreeAndNotLaterThanThirtyDaysMember" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl" xml:lang="en-US" id="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl">This member stands for maturity period later than three and not later than thirty days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:to="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl" xlink:title="label: LaterThanThreeAndNotLaterThanThirtyDaysMember to bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl1" xml:lang="en-US" id="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl1">Later than three and not later than thirty days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:to="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl1" xlink:title="label: LaterThanThreeAndNotLaterThanThirtyDaysMember to bap_LaterThanThreeAndNotLaterThanThirtyDaysMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember" xml:lang="en-US" id="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember">From 3 to 30 Days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:to="bap_LaterThanThreeAndNotLaterThanThirtyDaysMember" xlink:title="label: LaterThanThreeAndNotLaterThanThirtyDaysMember to bap_LaterThanThreeAndNotLaterThanThirtyDaysMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InstrumentsIssuedByColombianGovernmentMember" xlink:label="InstrumentsIssuedByColombianGovernmentMember" xlink:title="InstrumentsIssuedByColombianGovernmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByColombianGovernmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InstrumentsIssuedByColombianGovernmentMember_lbl" xml:lang="en-US" id="bap_InstrumentsIssuedByColombianGovernmentMember_lbl">This member stands for instruments issued by Colombian government.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByColombianGovernmentMember" xlink:to="bap_InstrumentsIssuedByColombianGovernmentMember_lbl" xlink:title="label: InstrumentsIssuedByColombianGovernmentMember to bap_InstrumentsIssuedByColombianGovernmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByColombianGovernmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InstrumentsIssuedByColombianGovernmentMember_lbl1" xml:lang="en-US" id="bap_InstrumentsIssuedByColombianGovernmentMember_lbl1">Instruments issued by Colombian government [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByColombianGovernmentMember" xlink:to="bap_InstrumentsIssuedByColombianGovernmentMember_lbl1" xlink:title="label: InstrumentsIssuedByColombianGovernmentMember to bap_InstrumentsIssuedByColombianGovernmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InstrumentsIssuedByColombianGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InstrumentsIssuedByColombianGovernmentMember" xml:lang="en-US" id="bap_InstrumentsIssuedByColombianGovernmentMember">Instruments Issued by the Colombian Government [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InstrumentsIssuedByColombianGovernmentMember" xlink:to="bap_InstrumentsIssuedByColombianGovernmentMember" xlink:title="label: InstrumentsIssuedByColombianGovernmentMember to bap_InstrumentsIssuedByColombianGovernmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LaterThanThirtyDaysMember" xlink:label="LaterThanThirtyDaysMember" xlink:title="LaterThanThirtyDaysMember" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThirtyDaysMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LaterThanThirtyDaysMember_lbl" xml:lang="en-US" id="bap_LaterThanThirtyDaysMember_lbl">This member stands for maturity period later than thirty days</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThirtyDaysMember" xlink:to="bap_LaterThanThirtyDaysMember_lbl" xlink:title="label: LaterThanThirtyDaysMember to bap_LaterThanThirtyDaysMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThirtyDaysMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LaterThanThirtyDaysMember_lbl1" xml:lang="en-US" id="bap_LaterThanThirtyDaysMember_lbl1">Later than thirty days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThirtyDaysMember" xlink:to="bap_LaterThanThirtyDaysMember_lbl1" xlink:title="label: LaterThanThirtyDaysMember to bap_LaterThanThirtyDaysMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanThirtyDaysMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LaterThanThirtyDaysMember" xml:lang="en-US" id="bap_LaterThanThirtyDaysMember">More than 30 days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanThirtyDaysMember" xlink:to="bap_LaterThanThirtyDaysMember" xlink:title="label: LaterThanThirtyDaysMember to bap_LaterThanThirtyDaysMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NotLaterThanThreeDaysMember" xlink:label="NotLaterThanThreeDaysMember" xlink:title="NotLaterThanThreeDaysMember" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanThreeDaysMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NotLaterThanThreeDaysMember_lbl" xml:lang="en-US" id="bap_NotLaterThanThreeDaysMember_lbl">This member stands for maturity period not later than three days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanThreeDaysMember" xlink:to="bap_NotLaterThanThreeDaysMember_lbl" xlink:title="label: NotLaterThanThreeDaysMember to bap_NotLaterThanThreeDaysMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanThreeDaysMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NotLaterThanThreeDaysMember_lbl1" xml:lang="en-US" id="bap_NotLaterThanThreeDaysMember_lbl1">Not later than three days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanThreeDaysMember" xlink:to="bap_NotLaterThanThreeDaysMember_lbl1" xlink:title="label: NotLaterThanThreeDaysMember to bap_NotLaterThanThreeDaysMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NotLaterThanThreeDaysMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NotLaterThanThreeDaysMember" xml:lang="en-US" id="bap_NotLaterThanThreeDaysMember">Up to 3 Days [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotLaterThanThreeDaysMember" xlink:to="bap_NotLaterThanThreeDaysMember" xlink:title="label: NotLaterThanThreeDaysMember to bap_NotLaterThanThreeDaysMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl">Tabular disclosure of detailed information of balances of deposits and obligations of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl1">Schedule of detailed information of deposits and obligations [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock">Schedule of detailed information of deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfDepositsAndObligationsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl">Tabular disclosure of detailed information of non-interest bearing and interest-bearing deposits and obligations of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl1">Schedule of detailed information of non-interest bearing and interest-bearing deposits and obligations [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock">Schedule of detailed information of non-interest bearing and interest-bearing deposits and obligations</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock to bap_ScheduleOfDetailedInformationOfNonInterestBearingAndInterestBearingDepositsAndObligationsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:label="ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:title="ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl">Tabular disclosure of detailed information of time deposits by maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl1">Schedule of detailed information of balances of time deposits by maturity [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock">Schedule of detailed information of balances of time deposits by maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock to bap_ScheduleOfDetailedInformationOfBalancesOfTimeDepositsByMaturityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RepurchaseAgreementAbstract" xlink:label="RepurchaseAgreementAbstract" xlink:title="RepurchaseAgreementAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchaseAgreementAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RepurchaseAgreementAbstract_lbl1" xml:lang="en-US" id="bap_RepurchaseAgreementAbstract_lbl1">Repurchase agreement [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementAbstract" xlink:to="bap_RepurchaseAgreementAbstract_lbl1" xlink:title="label: RepurchaseAgreementAbstract to bap_RepurchaseAgreementAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccruedInterestFixedAndVariableRates" xlink:label="AccruedInterestFixedAndVariableRates" xlink:title="AccruedInterestFixedAndVariableRates" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestFixedAndVariableRates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccruedInterestFixedAndVariableRates_lbl" xml:lang="en-US" id="bap_AccruedInterestFixedAndVariableRates_lbl">Percentage of accrued interest fixed and variable rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestFixedAndVariableRates" xlink:to="bap_AccruedInterestFixedAndVariableRates_lbl" xlink:title="label: AccruedInterestFixedAndVariableRates to bap_AccruedInterestFixedAndVariableRates_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestFixedAndVariableRates_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccruedInterestFixedAndVariableRates_lbl1" xml:lang="en-US" id="bap_AccruedInterestFixedAndVariableRates_lbl1">Accrued interest fixed and variable rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestFixedAndVariableRates" xlink:to="bap_AccruedInterestFixedAndVariableRates_lbl1" xlink:title="label: AccruedInterestFixedAndVariableRates to bap_AccruedInterestFixedAndVariableRates_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AgreementGracePeriod" xlink:label="AgreementGracePeriod" xlink:title="AgreementGracePeriod" />
    <link:label xlink:type="resource" xlink:label="bap_AgreementGracePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AgreementGracePeriod_lbl" xml:lang="en-US" id="bap_AgreementGracePeriod_lbl">Operation period will include a agreement grace period, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AgreementGracePeriod" xlink:to="bap_AgreementGracePeriod_lbl" xlink:title="label: AgreementGracePeriod to bap_AgreementGracePeriod_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AgreementGracePeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AgreementGracePeriod_lbl1" xml:lang="en-US" id="bap_AgreementGracePeriod_lbl1">Agreement grace period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AgreementGracePeriod" xlink:to="bap_AgreementGracePeriod_lbl1" xlink:title="label: AgreementGracePeriod to bap_AgreementGracePeriod_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:label="DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:title="DebtInstrumentTermOfBasisSpreadOnVariableRate" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl" xml:lang="en-US" id="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl">The term of debt instrument basis spread on fixed and variable rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:to="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl" xlink:title="label: DebtInstrumentTermOfBasisSpreadOnVariableRate to bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl1" xml:lang="en-US" id="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl1">Debt instrument term of basis spread on variable rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:to="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl1" xlink:title="label: DebtInstrumentTermOfBasisSpreadOnVariableRate to bap_DebtInstrumentTermOfBasisSpreadOnVariableRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate" xml:lang="en-US" id="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate">Debt instrument term of basis spread on variable rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:to="bap_DebtInstrumentTermOfBasisSpreadOnVariableRate" xlink:title="label: DebtInstrumentTermOfBasisSpreadOnVariableRate to bap_DebtInstrumentTermOfBasisSpreadOnVariableRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TermOfFixedAndVariableRates" xlink:label="TermOfFixedAndVariableRates" xlink:title="TermOfFixedAndVariableRates" />
    <link:label xlink:type="resource" xlink:label="bap_TermOfFixedAndVariableRates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TermOfFixedAndVariableRates_lbl" xml:lang="en-US" id="bap_TermOfFixedAndVariableRates_lbl">Term of the interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index, in in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermOfFixedAndVariableRates" xlink:to="bap_TermOfFixedAndVariableRates_lbl" xlink:title="label: TermOfFixedAndVariableRates to bap_TermOfFixedAndVariableRates_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TermOfFixedAndVariableRates_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TermOfFixedAndVariableRates_lbl1" xml:lang="en-US" id="bap_TermOfFixedAndVariableRates_lbl1">Term of fixed and variable rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermOfFixedAndVariableRates" xlink:to="bap_TermOfFixedAndVariableRates_lbl1" xlink:title="label: TermOfFixedAndVariableRates to bap_TermOfFixedAndVariableRates_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TermOfFixedAndVariableRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TermOfFixedAndVariableRates" xml:lang="en-US" id="bap_TermOfFixedAndVariableRates">Term of fixed and variable rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TermOfFixedAndVariableRates" xlink:to="bap_TermOfFixedAndVariableRates" xlink:title="label: TermOfFixedAndVariableRates to bap_TermOfFixedAndVariableRates" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FixedInterestAnnualRate" xlink:label="FixedInterestAnnualRate" xlink:title="FixedInterestAnnualRate" />
    <link:label xlink:type="resource" xlink:label="bap_FixedInterestAnnualRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FixedInterestAnnualRate_lbl" xml:lang="en-US" id="bap_FixedInterestAnnualRate_lbl">Percentage of charge a fixed interest annual rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestAnnualRate" xlink:to="bap_FixedInterestAnnualRate_lbl" xlink:title="label: FixedInterestAnnualRate to bap_FixedInterestAnnualRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FixedInterestAnnualRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FixedInterestAnnualRate_lbl1" xml:lang="en-US" id="bap_FixedInterestAnnualRate_lbl1">Fixed interest annual rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FixedInterestAnnualRate" xlink:to="bap_FixedInterestAnnualRate_lbl1" xlink:title="label: FixedInterestAnnualRate to bap_FixedInterestAnnualRate_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecuredOvernightFinancingRate763Member" xlink:label="SecuredOvernightFinancingRate763Member" xlink:title="SecuredOvernightFinancingRate763Member" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate763Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SecuredOvernightFinancingRate763Member_lbl" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate763Member_lbl">This member stands for variable interest rate at SOFR 7.63%.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate763Member" xlink:to="bap_SecuredOvernightFinancingRate763Member_lbl" xlink:title="label: SecuredOvernightFinancingRate763Member to bap_SecuredOvernightFinancingRate763Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate763Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecuredOvernightFinancingRate763Member_lbl1" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate763Member_lbl1">Secured Overnight Financing Rate 7.63% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate763Member" xlink:to="bap_SecuredOvernightFinancingRate763Member_lbl1" xlink:title="label: SecuredOvernightFinancingRate763Member to bap_SecuredOvernightFinancingRate763Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate763Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecuredOvernightFinancingRate763Member" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate763Member">SOFR 7.63% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate763Member" xlink:to="bap_SecuredOvernightFinancingRate763Member" xlink:title="label: SecuredOvernightFinancingRate763Member to bap_SecuredOvernightFinancingRate763Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_Libor6M168Member" xlink:label="Libor6M168Member" xlink:title="Libor6M168Member" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M168Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_Libor6M168Member_lbl" xml:lang="en-US" id="bap_Libor6M168Member_lbl">This member stands for variable interest rate at Libor 6M + 1.68%.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M168Member" xlink:to="bap_Libor6M168Member_lbl" xlink:title="label: Libor6M168Member to bap_Libor6M168Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M168Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_Libor6M168Member_lbl1" xml:lang="en-US" id="bap_Libor6M168Member_lbl1">Libor 6M, 1.68% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M168Member" xlink:to="bap_Libor6M168Member_lbl1" xlink:title="label: Libor6M168Member to bap_Libor6M168Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M168Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_Libor6M168Member" xml:lang="en-US" id="bap_Libor6M168Member">Libor 6M + 1.68% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M168Member" xlink:to="bap_Libor6M168Member" xlink:title="label: Libor6M168Member to bap_Libor6M168Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtInstrumentsMember" xlink:label="DebtInstrumentsMember" xlink:title="DebtInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtInstrumentsMember_lbl" xml:lang="en-US" id="bap_DebtInstrumentsMember_lbl">This member stands for debt instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentsMember" xlink:to="bap_DebtInstrumentsMember_lbl" xlink:title="label: DebtInstrumentsMember to bap_DebtInstrumentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtInstrumentsMember_lbl1" xml:lang="en-US" id="bap_DebtInstrumentsMember_lbl1">Debt instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentsMember" xlink:to="bap_DebtInstrumentsMember_lbl1" xlink:title="label: DebtInstrumentsMember to bap_DebtInstrumentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtInstrumentsMember" xml:lang="en-US" id="bap_DebtInstrumentsMember">Debt Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentsMember" xlink:to="bap_DebtInstrumentsMember" xlink:title="label: DebtInstrumentsMember to bap_DebtInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SecuredOvernightFinancingRate742Member" xlink:label="SecuredOvernightFinancingRate742Member" xlink:title="SecuredOvernightFinancingRate742Member" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate742Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SecuredOvernightFinancingRate742Member_lbl" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate742Member_lbl">This member stands for variable interest rate at SOFR 7.42%.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate742Member" xlink:to="bap_SecuredOvernightFinancingRate742Member_lbl" xlink:title="label: SecuredOvernightFinancingRate742Member to bap_SecuredOvernightFinancingRate742Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate742Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SecuredOvernightFinancingRate742Member_lbl1" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate742Member_lbl1">Secured Overnight Financing Rate 7.42% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate742Member" xlink:to="bap_SecuredOvernightFinancingRate742Member_lbl1" xlink:title="label: SecuredOvernightFinancingRate742Member to bap_SecuredOvernightFinancingRate742Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SecuredOvernightFinancingRate742Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SecuredOvernightFinancingRate742Member" xml:lang="en-US" id="bap_SecuredOvernightFinancingRate742Member">SOFR 7.42% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SecuredOvernightFinancingRate742Member" xlink:to="bap_SecuredOvernightFinancingRate742Member" xlink:title="label: SecuredOvernightFinancingRate742Member to bap_SecuredOvernightFinancingRate742Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapsMember" xlink:label="CrossCurrencySwapsMember" xlink:title="CrossCurrencySwapsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapsMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapsMember_lbl">This member stands for cross currency swaps.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapsMember" xlink:to="bap_CrossCurrencySwapsMember_lbl" xlink:title="label: CrossCurrencySwapsMember to bap_CrossCurrencySwapsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapsMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapsMember_lbl1">Cross currency swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapsMember" xlink:to="bap_CrossCurrencySwapsMember_lbl1" xlink:title="label: CrossCurrencySwapsMember to bap_CrossCurrencySwapsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CrossCurrencySwapsMember" xml:lang="en-US" id="bap_CrossCurrencySwapsMember">Cross Currency Swaps [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapsMember" xlink:to="bap_CrossCurrencySwapsMember" xlink:title="label: CrossCurrencySwapsMember to bap_CrossCurrencySwapsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractOneMember" xlink:label="CrossCurrencySwapContractOneMember" xlink:title="CrossCurrencySwapContractOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractOneMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractOneMember_lbl">This member stands for a cross currency swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractOneMember" xlink:to="bap_CrossCurrencySwapContractOneMember_lbl" xlink:title="label: CrossCurrencySwapContractOneMember to bap_CrossCurrencySwapContractOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractOneMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractOneMember_lbl1">Cross currency swap contract one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractOneMember" xlink:to="bap_CrossCurrencySwapContractOneMember_lbl1" xlink:title="label: CrossCurrencySwapContractOneMember to bap_CrossCurrencySwapContractOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractOneMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractOneMember">Cross Currency Swap Contract One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractOneMember" xlink:to="bap_CrossCurrencySwapContractOneMember" xlink:title="label: CrossCurrencySwapContractOneMember to bap_CrossCurrencySwapContractOneMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_Libor6M190Member" xlink:label="Libor6M190Member" xlink:title="Libor6M190Member" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M190Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_Libor6M190Member_lbl" xml:lang="en-US" id="bap_Libor6M190Member_lbl">This member stands for variable interest rate at Libor 6M + 1.90%.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M190Member" xlink:to="bap_Libor6M190Member_lbl" xlink:title="label: Libor6M190Member to bap_Libor6M190Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M190Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_Libor6M190Member_lbl1" xml:lang="en-US" id="bap_Libor6M190Member_lbl1">Libor 6M, 1.90% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M190Member" xlink:to="bap_Libor6M190Member_lbl1" xlink:title="label: Libor6M190Member to bap_Libor6M190Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_Libor6M190Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_Libor6M190Member" xml:lang="en-US" id="bap_Libor6M190Member">Libor 6M + 1.90% [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Libor6M190Member" xlink:to="bap_Libor6M190Member" xlink:title="label: Libor6M190Member to bap_Libor6M190Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccruedInterestMember" xlink:label="AccruedInterestMember" xlink:title="AccruedInterestMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccruedInterestMember_lbl" xml:lang="en-US" id="bap_AccruedInterestMember_lbl">This member stands for accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestMember" xlink:to="bap_AccruedInterestMember_lbl" xlink:title="label: AccruedInterestMember to bap_AccruedInterestMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccruedInterestMember_lbl1" xml:lang="en-US" id="bap_AccruedInterestMember_lbl1">Accrued interest [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestMember" xlink:to="bap_AccruedInterestMember_lbl1" xlink:title="label: AccruedInterestMember to bap_AccruedInterestMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccruedInterestMember" xml:lang="en-US" id="bap_AccruedInterestMember">Accrued Interest [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestMember" xlink:to="bap_AccruedInterestMember" xlink:title="label: AccruedInterestMember to bap_AccruedInterestMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NatixisSaFiveMember" xlink:label="NatixisSaFiveMember" xlink:title="NatixisSaFiveMember" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NatixisSaFiveMember_lbl" xml:lang="en-US" id="bap_NatixisSaFiveMember_lbl">This member stands for Natixis sa five.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaFiveMember" xlink:to="bap_NatixisSaFiveMember_lbl" xlink:title="label: NatixisSaFiveMember to bap_NatixisSaFiveMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaFiveMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NatixisSaFiveMember_lbl1" xml:lang="en-US" id="bap_NatixisSaFiveMember_lbl1">Natixis sa five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaFiveMember" xlink:to="bap_NatixisSaFiveMember_lbl1" xlink:title="label: NatixisSaFiveMember to bap_NatixisSaFiveMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NatixisSaFiveMember" xml:lang="en-US" id="bap_NatixisSaFiveMember">Natixis S.A Two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaFiveMember" xlink:to="bap_NatixisSaFiveMember" xlink:title="label: NatixisSaFiveMember to bap_NatixisSaFiveMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NatixisSaOneMember" xlink:label="NatixisSaOneMember" xlink:title="NatixisSaOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NatixisSaOneMember_lbl" xml:lang="en-US" id="bap_NatixisSaOneMember_lbl">This member stands for Natixis sa one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaOneMember" xlink:to="bap_NatixisSaOneMember_lbl" xlink:title="label: NatixisSaOneMember to bap_NatixisSaOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NatixisSaOneMember_lbl1" xml:lang="en-US" id="bap_NatixisSaOneMember_lbl1">Natixis sa one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaOneMember" xlink:to="bap_NatixisSaOneMember_lbl1" xlink:title="label: NatixisSaOneMember to bap_NatixisSaOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NatixisSaOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NatixisSaOneMember" xml:lang="en-US" id="bap_NatixisSaOneMember">Natixis SA one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NatixisSaOneMember" xlink:to="bap_NatixisSaOneMember" xlink:title="label: NatixisSaOneMember to bap_NatixisSaOneMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeLaRepublicaDeColombiaMember" xlink:label="BancoDeLaRepublicaDeColombiaMember" xlink:title="BancoDeLaRepublicaDeColombiaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaRepublicaDeColombiaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeLaRepublicaDeColombiaMember_lbl" xml:lang="en-US" id="bap_BancoDeLaRepublicaDeColombiaMember_lbl">This member stands for Banco de la Republica de Colombia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaRepublicaDeColombiaMember" xlink:to="bap_BancoDeLaRepublicaDeColombiaMember_lbl" xlink:title="label: BancoDeLaRepublicaDeColombiaMember to bap_BancoDeLaRepublicaDeColombiaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaRepublicaDeColombiaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeLaRepublicaDeColombiaMember_lbl1" xml:lang="en-US" id="bap_BancoDeLaRepublicaDeColombiaMember_lbl1">Banco De La Republica De Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaRepublicaDeColombiaMember" xlink:to="bap_BancoDeLaRepublicaDeColombiaMember_lbl1" xlink:title="label: BancoDeLaRepublicaDeColombiaMember to bap_BancoDeLaRepublicaDeColombiaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeLaRepublicaDeColombiaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeLaRepublicaDeColombiaMember" xml:lang="en-US" id="bap_BancoDeLaRepublicaDeColombiaMember">Banco de la Repblica de Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeLaRepublicaDeColombiaMember" xlink:to="bap_BancoDeLaRepublicaDeColombiaMember" xlink:title="label: BancoDeLaRepublicaDeColombiaMember to bap_BancoDeLaRepublicaDeColombiaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherMinorsMember" xlink:label="OtherMinorsMember" xlink:title="OtherMinorsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMinorsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherMinorsMember_lbl" xml:lang="en-US" id="bap_OtherMinorsMember_lbl">This member stands for other minors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMinorsMember" xlink:to="bap_OtherMinorsMember_lbl" xlink:title="label: OtherMinorsMember to bap_OtherMinorsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMinorsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherMinorsMember_lbl1" xml:lang="en-US" id="bap_OtherMinorsMember_lbl1">Other minors [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMinorsMember" xlink:to="bap_OtherMinorsMember_lbl1" xlink:title="label: OtherMinorsMember to bap_OtherMinorsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMinorsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherMinorsMember" xml:lang="en-US" id="bap_OtherMinorsMember">Other Minors [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMinorsMember" xlink:to="bap_OtherMinorsMember" xlink:title="label: OtherMinorsMember to bap_OtherMinorsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherMinorsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherMinorsMember_lbl2" xml:lang="en-US" id="bap_OtherMinorsMember_lbl2">Other Minors [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherMinorsMember" xlink:to="bap_OtherMinorsMember_lbl2" xlink:title="label: OtherMinorsMember to bap_OtherMinorsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcrpTwoMember" xlink:label="BcrpTwoMember" xlink:title="BcrpTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcrpTwoMember_lbl" xml:lang="en-US" id="bap_BcrpTwoMember_lbl">This member stands for Bcrp two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpTwoMember" xlink:to="bap_BcrpTwoMember_lbl" xlink:title="label: BcrpTwoMember to bap_BcrpTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcrpTwoMember_lbl1" xml:lang="en-US" id="bap_BcrpTwoMember_lbl1">Bcrp two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpTwoMember" xlink:to="bap_BcrpTwoMember_lbl1" xlink:title="label: BcrpTwoMember to bap_BcrpTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BcrpTwoMember" xml:lang="en-US" id="bap_BcrpTwoMember">BCRP Reactiva Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpTwoMember" xlink:to="bap_BcrpTwoMember" xlink:title="label: BcrpTwoMember to bap_BcrpTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcrpNotaMember" xlink:label="BcrpNotaMember" xlink:title="BcrpNotaMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpNotaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcrpNotaMember_lbl" xml:lang="en-US" id="bap_BcrpNotaMember_lbl">This member stands for Bcrp nota.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpNotaMember" xlink:to="bap_BcrpNotaMember_lbl" xlink:title="label: BcrpNotaMember to bap_BcrpNotaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpNotaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcrpNotaMember_lbl1" xml:lang="en-US" id="bap_BcrpNotaMember_lbl1">Bcrp nota [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpNotaMember" xlink:to="bap_BcrpNotaMember_lbl1" xlink:title="label: BcrpNotaMember to bap_BcrpNotaMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcrpReactivaPeruSpecialMember" xlink:label="BcrpReactivaPeruSpecialMember" xlink:title="BcrpReactivaPeruSpecialMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpReactivaPeruSpecialMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcrpReactivaPeruSpecialMember_lbl" xml:lang="en-US" id="bap_BcrpReactivaPeruSpecialMember_lbl">This member stands for bcrp reactiva peru special.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpReactivaPeruSpecialMember" xlink:to="bap_BcrpReactivaPeruSpecialMember_lbl" xlink:title="label: BcrpReactivaPeruSpecialMember to bap_BcrpReactivaPeruSpecialMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpReactivaPeruSpecialMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcrpReactivaPeruSpecialMember_lbl1" xml:lang="en-US" id="bap_BcrpReactivaPeruSpecialMember_lbl1">Bcrp reactiva peru special [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpReactivaPeruSpecialMember" xlink:to="bap_BcrpReactivaPeruSpecialMember_lbl1" xlink:title="label: BcrpReactivaPeruSpecialMember to bap_BcrpReactivaPeruSpecialMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpReactivaPeruSpecialMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BcrpReactivaPeruSpecialMember" xml:lang="en-US" id="bap_BcrpReactivaPeruSpecialMember">BCRP Reactiva Peru Especial [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpReactivaPeruSpecialMember" xlink:to="bap_BcrpReactivaPeruSpecialMember" xlink:title="label: BcrpReactivaPeruSpecialMember to bap_BcrpReactivaPeruSpecialMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CitigroupGlobalMarketsLimitedMember" xlink:label="CitigroupGlobalMarketsLimitedMember" xlink:title="CitigroupGlobalMarketsLimitedMember" />
    <link:label xlink:type="resource" xlink:label="bap_CitigroupGlobalMarketsLimitedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CitigroupGlobalMarketsLimitedMember_lbl" xml:lang="en-US" id="bap_CitigroupGlobalMarketsLimitedMember_lbl">This member stands for citigroup global markets limited.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitigroupGlobalMarketsLimitedMember" xlink:to="bap_CitigroupGlobalMarketsLimitedMember_lbl" xlink:title="label: CitigroupGlobalMarketsLimitedMember to bap_CitigroupGlobalMarketsLimitedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CitigroupGlobalMarketsLimitedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CitigroupGlobalMarketsLimitedMember_lbl1" xml:lang="en-US" id="bap_CitigroupGlobalMarketsLimitedMember_lbl1">Citigroup global markets limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitigroupGlobalMarketsLimitedMember" xlink:to="bap_CitigroupGlobalMarketsLimitedMember_lbl1" xlink:title="label: CitigroupGlobalMarketsLimitedMember to bap_CitigroupGlobalMarketsLimitedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CitigroupGlobalMarketsLimitedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CitigroupGlobalMarketsLimitedMember" xml:lang="en-US" id="bap_CitigroupGlobalMarketsLimitedMember">Citigroup Global Markets Limited [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CitigroupGlobalMarketsLimitedMember" xlink:to="bap_CitigroupGlobalMarketsLimitedMember" xlink:title="label: CitigroupGlobalMarketsLimitedMember to bap_CitigroupGlobalMarketsLimitedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RepurchaseAgreementMember" xlink:label="RepurchaseAgreementMember" xlink:title="RepurchaseAgreementMember" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchaseAgreementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RepurchaseAgreementMember_lbl" xml:lang="en-US" id="bap_RepurchaseAgreementMember_lbl">This member stands for repurchase agreements.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementMember" xlink:to="bap_RepurchaseAgreementMember_lbl" xlink:title="label: RepurchaseAgreementMember to bap_RepurchaseAgreementMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchaseAgreementMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RepurchaseAgreementMember_lbl1" xml:lang="en-US" id="bap_RepurchaseAgreementMember_lbl1">Repurchase agreement [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementMember" xlink:to="bap_RepurchaseAgreementMember_lbl1" xlink:title="label: RepurchaseAgreementMember to bap_RepurchaseAgreementMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RepurchaseAgreementMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RepurchaseAgreementMember" xml:lang="en-US" id="bap_RepurchaseAgreementMember">Repurchase Agreements [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepurchaseAgreementMember" xlink:to="bap_RepurchaseAgreementMember" xlink:title="label: RepurchaseAgreementMember to bap_RepurchaseAgreementMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GovernmentTreasuryBondsAbstract" xlink:label="GovernmentTreasuryBondsAbstract" xlink:title="GovernmentTreasuryBondsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GovernmentTreasuryBondsAbstract_lbl1" xml:lang="en-US" id="bap_GovernmentTreasuryBondsAbstract_lbl1">Government treasury bonds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsAbstract" xlink:to="bap_GovernmentTreasuryBondsAbstract_lbl1" xlink:title="label: GovernmentTreasuryBondsAbstract to bap_GovernmentTreasuryBondsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentTreasuryBondsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GovernmentTreasuryBondsAbstract" xml:lang="en-US" id="bap_GovernmentTreasuryBondsAbstract">Government treasury bonds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentTreasuryBondsAbstract" xlink:to="bap_GovernmentTreasuryBondsAbstract" xlink:title="label: GovernmentTreasuryBondsAbstract to bap_GovernmentTreasuryBondsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherBondsMember" xlink:label="OtherBondsMember" xlink:title="OtherBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherBondsMember_lbl" xml:lang="en-US" id="bap_OtherBondsMember_lbl">This member stands for other bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherBondsMember" xlink:to="bap_OtherBondsMember_lbl" xlink:title="label: OtherBondsMember to bap_OtherBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherBondsMember_lbl1" xml:lang="en-US" id="bap_OtherBondsMember_lbl1">Other bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherBondsMember" xlink:to="bap_OtherBondsMember_lbl1" xlink:title="label: OtherBondsMember to bap_OtherBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherBondsMember" xml:lang="en-US" id="bap_OtherBondsMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherBondsMember" xlink:to="bap_OtherBondsMember" xlink:title="label: OtherBondsMember to bap_OtherBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BolivianGovernmentBondsMember" xlink:label="BolivianGovernmentBondsMember" xlink:title="BolivianGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BolivianGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_BolivianGovernmentBondsMember_lbl">This member stands for Bolivian government bond.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianGovernmentBondsMember" xlink:to="bap_BolivianGovernmentBondsMember_lbl" xlink:title="label: BolivianGovernmentBondsMember to bap_BolivianGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BolivianGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_BolivianGovernmentBondsMember_lbl1">Bolivian government bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianGovernmentBondsMember" xlink:to="bap_BolivianGovernmentBondsMember_lbl1" xlink:title="label: BolivianGovernmentBondsMember to bap_BolivianGovernmentBondsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BolivianGovernmentBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BolivianGovernmentBondsMember" xml:lang="en-US" id="bap_BolivianGovernmentBondsMember">Bolivian Government Bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BolivianGovernmentBondsMember" xlink:to="bap_BolivianGovernmentBondsMember" xlink:title="label: BolivianGovernmentBondsMember to bap_BolivianGovernmentBondsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:label="InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:title="InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl">The General Measurement Model (GMM) is the standard approach to calculate/estimate liabilities for the insurance contract under IFRS 17. This model focuses on providing key information on the expected cash flows and profitability of the insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember to bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl1" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl1">Insurance contract liabilities measured under general model [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl1" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember to bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember">Insurance contract liabilities measured under general model [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember to bap_InsuranceContractLiabilitiesMeasuredUnderGeneralModelMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:label="InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:title="InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl">Under the Variable Fee Approach, the insurance company promises to invest the policyholder's money in assets that are expected to increase in value. The insurance company charges a fee for managing these assets, which is called the 'variable fee'. The value of the variable fee changes based on the value of the assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember to bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl1" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl1">Insurance contract liabilities measured under variable fee approach [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl1" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember to bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xml:lang="en-US" id="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember">Insurance contract liabilities measured under variable fee approach [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:to="bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" xlink:title="label: InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember to bap_InsuranceContractLiabilitiesMeasuredUnderVariableFeeApproachMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetGainOnSecuritiesAbstract" xlink:label="NetGainOnSecuritiesAbstract" xlink:title="NetGainOnSecuritiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_NetGainOnSecuritiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetGainOnSecuritiesAbstract_lbl1" xml:lang="en-US" id="bap_NetGainOnSecuritiesAbstract_lbl1">NET GAIN ON SECURITIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetGainOnSecuritiesAbstract" xlink:to="bap_NetGainOnSecuritiesAbstract_lbl1" xlink:title="label: NetGainOnSecuritiesAbstract to bap_NetGainOnSecuritiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:label="LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:title="LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl">This member stands for liabilities for incurred claims for contracts measured by PAA, present value of future cash flows.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1">Liabilities for incurred claims for contracts measured by PAA, present value of future cash flows [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember">Liabilities for Incurred Claims for Contracts Measured by PAA, Present Value of Future Cash Flows [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAAPresentValueOfFutureCashFlowsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccountsReceivableForInsuranceContractsMember" xlink:label="AccountsReceivableForInsuranceContractsMember" xlink:title="AccountsReceivableForInsuranceContractsMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableForInsuranceContractsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccountsReceivableForInsuranceContractsMember_lbl" xml:lang="en-US" id="bap_AccountsReceivableForInsuranceContractsMember_lbl">This member stands for accounts payable to reinsurers and co-insurers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableForInsuranceContractsMember" xlink:to="bap_AccountsReceivableForInsuranceContractsMember_lbl" xlink:title="label: AccountsReceivableForInsuranceContractsMember to bap_AccountsReceivableForInsuranceContractsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableForInsuranceContractsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccountsReceivableForInsuranceContractsMember_lbl1" xml:lang="en-US" id="bap_AccountsReceivableForInsuranceContractsMember_lbl1">Accounts Receivable for Insurance Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableForInsuranceContractsMember" xlink:to="bap_AccountsReceivableForInsuranceContractsMember_lbl1" xlink:title="label: AccountsReceivableForInsuranceContractsMember to bap_AccountsReceivableForInsuranceContractsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsReceivableForInsuranceContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccountsReceivableForInsuranceContractsMember" xml:lang="en-US" id="bap_AccountsReceivableForInsuranceContractsMember">Accounts Receivable for Insurance Contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsReceivableForInsuranceContractsMember" xlink:to="bap_AccountsReceivableForInsuranceContractsMember" xlink:title="label: AccountsReceivableForInsuranceContractsMember to bap_AccountsReceivableForInsuranceContractsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:label="LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:title="LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl">This member stands for Liabilities for incurred claims for contracts not measured by PAA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" xlink:title="label: LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1">Liabilities for incurred claims for contracts not measured by PAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" xlink:title="label: LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember">Liabilities for Incurred Claims for Contracts not Measured by PAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" xlink:title="label: LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember to bap_LiabilitiesForIncurredClaimsForContractsNotMeasuredByPAAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:label="LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:title="LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl">This member stands for liabilities for incurred claims for contracts measured by PAA, risk adjustment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl1" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl1">Liabilities for incurred claims for contracts measured by PAA, risk adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl1" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xml:lang="en-US" id="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember">Liabilities for Incurred Claims for Contracts Measured by PAA, Risk Adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:to="bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" xlink:title="label: LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember to bap_LiabilitiesForIncurredClaimsForContractsMeasuredByPAARiskAdjustmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:label="DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:title="DebtsToIntermediariesMarketersAndAuxiliariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl" xml:lang="en-US" id="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl">This member stands for debts to intermediaries, marketers and auxiliaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:to="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl" xlink:title="label: DebtsToIntermediariesMarketersAndAuxiliariesMember to bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl1" xml:lang="en-US" id="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl1">Debts to intermediaries, marketers and auxiliaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:to="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl1" xlink:title="label: DebtsToIntermediariesMarketersAndAuxiliariesMember to bap_DebtsToIntermediariesMarketersAndAuxiliariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember" xml:lang="en-US" id="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember">Debts to Intermediaries, Marketers and Auxiliaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:to="bap_DebtsToIntermediariesMarketersAndAuxiliariesMember" xlink:title="label: DebtsToIntermediariesMarketersAndAuxiliariesMember to bap_DebtsToIntermediariesMarketersAndAuxiliariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl">The disclosure of detailed information about held to maturity investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl1">Disclosure of detailed information about held to maturity investments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock">Balance of Investments Classified by Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutHeldToMaturityInvestmentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl">The disclosure of detailed information about securitization instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl1">Disclosure of detailed information about securitization instruments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock">Balance of Securitization Instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutSecuritizationInstrumentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl">The disclosure of detailed information about maturities and annual market rates of available for sale investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl1">Disclosure of detailed information about maturities and annual market rates of available for sale investments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock">Maturities and Annual Market Rates of Available for Sale Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturitiesAndAnnualMarketRatesOfAvailableForSaleInvestmentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl">The disclosure of detailed information about government treasury bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock to bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl1">Disclosure of detailed information about government treasury bonds [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock to bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock">Balance of Government Treasury Bonds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock to bap_DisclosureOfDetailedInformationAboutGovernmentTreasuryBondsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:label="DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:title="DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl">The disclosure of investments 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="DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl" xlink:title="label: DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock to bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl1">Disclosure of investment at fair value through profit or loss [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl1" xlink:title="label: DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock to bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock">Investment 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="DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" xlink:title="label: DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock to bap_DisclosureOfInvestmentAtFairValueThroughProfitOrLossTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl">The disclosure of detailed information about amortized cost of investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl1">Disclosure of detailed information about amortized cost of investments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock">Amortized Cost of Investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutAmortizedCostOfInvestmentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:label="DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:title="DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl">The disclosure of Investments 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="DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:to="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl" xlink:title="label: DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock to bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl1">Disclosure of Investments at fair value through other comprehensive income [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:to="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl1" xlink:title="label: DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock to bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock">Investments 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="DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:to="bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" xlink:title="label: DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock to bap_DisclosureOfInvestmentsAtFairValueThroughOtherComprehensiveIncomeTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:label="DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:title="DisclosureOfNetGainOnSecuritiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl">Disclosure of net gain on securities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:to="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl" xlink:title="label: DisclosureOfNetGainOnSecuritiesTableTextBlock to bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl1">Disclosure of net gain on securities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:to="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl1" xlink:title="label: DisclosureOfNetGainOnSecuritiesTableTextBlock to bap_DisclosureOfNetGainOnSecuritiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock">Net Gain on Securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:to="bap_DisclosureOfNetGainOnSecuritiesTableTextBlock" xlink:title="label: DisclosureOfNetGainOnSecuritiesTableTextBlock to bap_DisclosureOfNetGainOnSecuritiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GoodwillFairValue" xlink:label="GoodwillFairValue" xlink:title="GoodwillFairValue" />
    <link:label xlink:type="resource" xlink:label="bap_GoodwillFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GoodwillFairValue_lbl" xml:lang="en-US" id="bap_GoodwillFairValue_lbl">Represents the fair value of goodwill.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillFairValue" xlink:to="bap_GoodwillFairValue_lbl" xlink:title="label: GoodwillFairValue to bap_GoodwillFairValue_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GoodwillFairValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GoodwillFairValue_lbl1" xml:lang="en-US" id="bap_GoodwillFairValue_lbl1">Goodwill, fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillFairValue" xlink:to="bap_GoodwillFairValue_lbl1" xlink:title="label: GoodwillFairValue to bap_GoodwillFairValue_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GoodwillFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GoodwillFairValue" xml:lang="en-US" id="bap_GoodwillFairValue">Estimated fair value of goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillFairValue" xlink:to="bap_GoodwillFairValue" xlink:title="label: GoodwillFairValue to bap_GoodwillFairValue" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MinorityParticipationMember" xlink:label="MinorityParticipationMember" xlink:title="MinorityParticipationMember" />
    <link:label xlink:type="resource" xlink:label="bap_MinorityParticipationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MinorityParticipationMember_lbl" xml:lang="en-US" id="bap_MinorityParticipationMember_lbl">This member stands for minority participation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinorityParticipationMember" xlink:to="bap_MinorityParticipationMember_lbl" xlink:title="label: MinorityParticipationMember to bap_MinorityParticipationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MinorityParticipationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MinorityParticipationMember_lbl1" xml:lang="en-US" id="bap_MinorityParticipationMember_lbl1">Minority participation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MinorityParticipationMember" xlink:to="bap_MinorityParticipationMember_lbl1" xlink:title="label: MinorityParticipationMember to bap_MinorityParticipationMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoColombiaBancoCompartirS.aMember" xlink:label="MibancoColombiaBancoCompartirS.aMember" xlink:title="MibancoColombiaBancoCompartirS.aMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaBancoCompartirS.aMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoColombiaBancoCompartirS.aMember_lbl" xml:lang="en-US" id="bap_MibancoColombiaBancoCompartirS.aMember_lbl">This member stands for MiBanco Colombia - Banco Compartir S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaBancoCompartirS.aMember" xlink:to="bap_MibancoColombiaBancoCompartirS.aMember_lbl" xlink:title="label: MibancoColombiaBancoCompartirS.aMember to bap_MibancoColombiaBancoCompartirS.aMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaBancoCompartirS.aMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoColombiaBancoCompartirS.aMember_lbl1" xml:lang="en-US" id="bap_MibancoColombiaBancoCompartirS.aMember_lbl1">Mibanco Colombia Banco Compartir S.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaBancoCompartirS.aMember" xlink:to="bap_MibancoColombiaBancoCompartirS.aMember_lbl1" xlink:title="label: MibancoColombiaBancoCompartirS.aMember to bap_MibancoColombiaBancoCompartirS.aMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaBancoCompartirS.aMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoColombiaBancoCompartirS.aMember" xml:lang="en-US" id="bap_MibancoColombiaBancoCompartirS.aMember">Mibanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaBancoCompartirS.aMember" xlink:to="bap_MibancoColombiaBancoCompartirS.aMember" xlink:title="label: MibancoColombiaBancoCompartirS.aMember to bap_MibancoColombiaBancoCompartirS.aMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoColombiaBancoCompartirS.aMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MibancoColombiaBancoCompartirS.aMember_lbl2" xml:lang="en-US" id="bap_MibancoColombiaBancoCompartirS.aMember_lbl2">Mibanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoColombiaBancoCompartirS.aMember" xlink:to="bap_MibancoColombiaBancoCompartirS.aMember_lbl2" xlink:title="label: MibancoColombiaBancoCompartirS.aMember to bap_MibancoColombiaBancoCompartirS.aMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainsOnDisposalsOfInvestmentsInAssociates" xlink:label="GainsOnDisposalsOfInvestmentsInAssociates" xlink:title="GainsOnDisposalsOfInvestmentsInAssociates" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl" xml:lang="en-US" id="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl">The gain on the disposal of investments in associates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestmentsInAssociates" xlink:to="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl" xlink:title="label: GainsOnDisposalsOfInvestmentsInAssociates to bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl1" xml:lang="en-US" id="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl1">Gains on disposals of investments in associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestmentsInAssociates" xlink:to="bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl1" xlink:title="label: GainsOnDisposalsOfInvestmentsInAssociates to bap_GainsOnDisposalsOfInvestmentsInAssociates_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainsOnDisposalsOfInvestmentsInAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainsOnDisposalsOfInvestmentsInAssociates" xml:lang="en-US" id="bap_GainsOnDisposalsOfInvestmentsInAssociates">Net gain in associates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsOnDisposalsOfInvestmentsInAssociates" xlink:to="bap_GainsOnDisposalsOfInvestmentsInAssociates" xlink:title="label: GainsOnDisposalsOfInvestmentsInAssociates to bap_GainsOnDisposalsOfInvestmentsInAssociates" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:label="GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:title="GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl" xml:lang="en-US" id="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl">The gains (losses) on the purchase and sale of investment securities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:to="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl" xlink:title="label: GainsLossesOnPurchaseAndSaleOfInvestmentSecurities to bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl1" xml:lang="en-US" id="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl1">Gains (losses) on purchase and sale of investment securities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:to="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl1" xlink:title="label: GainsLossesOnPurchaseAndSaleOfInvestmentSecurities to bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xml:lang="en-US" id="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities">Net (loss) gain on investments at fair value with changes in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:to="bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" xlink:title="label: GainsLossesOnPurchaseAndSaleOfInvestmentSecurities to bap_GainsLossesOnPurchaseAndSaleOfInvestmentSecurities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:label="InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:title="InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl" xml:lang="en-US" id="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl">The disclosure of detailed information about payables from repurchase agreements and security lending.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:to="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl" xlink:title="label: InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock to bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl1" xml:lang="en-US" id="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl1">Information about payables from repurchase agreements and security lending [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:to="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl1" xlink:title="label: InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock to bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xml:lang="en-US" id="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock">Information about Payables from Repurchase Agreements and Security Lending</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:to="bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" xlink:title="label: InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock to bap_InformationAboutPayablesFromRepurchaseAgreementsAndSecurityLendingTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl">The disclosure of detailed information about cash collateral and reverse purchase agreements and securities borrowing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl1">Disclosure of detailed information about cash collateral and reverse purchase agreements [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock">Composition of Cash Collateral, Reverse Repurchase Agreements and Securities Borrowing</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashCollateralAndReversePurchaseAgreementsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:label="InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:title="InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl" xml:lang="en-US" id="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl">The disclosure of detailed information about reverse repurchase agreements and security borrowings, financial instrument serves as collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:to="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl" xlink:title="label: InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock to bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl1" xml:lang="en-US" id="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl1">Information about reverse repurchase agreements and security borrowings, financial instrument serves as collateral [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:to="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl1" xlink:title="label: InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock to bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xml:lang="en-US" id="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock">Information about Reverse Repurchase Agreements and Security Borrowings, Financial Instrument Serves as Collateral</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:to="bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" xlink:title="label: InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock to bap_InformationAboutReverseRepurchaseAgreementsAndSecurityBorrowingsFinancialInstrumentServesAsCollateralTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:label="InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:title="InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl" xml:lang="en-US" id="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl">The disclosure of detailed information about repurchase agreement secured with cash, investments and loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:to="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl" xlink:title="label: InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock to bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl1" xml:lang="en-US" id="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl1">Information about repurchase agreement secured with cash, investments and loan [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:to="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl1" xlink:title="label: InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock to bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xml:lang="en-US" id="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock">Information about Repurchase Agreement Secured with Cash, Investments and Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:to="bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" xlink:title="label: InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock to bap_InformationAboutRepurchaseAgreementSecuredWithCashInvestmentsAndLoanTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoEdyficarPeruMember" xlink:label="MibancoEdyficarPeruMember" xlink:title="MibancoEdyficarPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoEdyficarPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoEdyficarPeruMember_lbl" xml:lang="en-US" id="bap_MibancoEdyficarPeruMember_lbl">This member stands for Mibanco edyficar peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoEdyficarPeruMember" xlink:to="bap_MibancoEdyficarPeruMember_lbl" xlink:title="label: MibancoEdyficarPeruMember to bap_MibancoEdyficarPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoEdyficarPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoEdyficarPeruMember_lbl1" xml:lang="en-US" id="bap_MibancoEdyficarPeruMember_lbl1">Mibanco edyficar peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoEdyficarPeruMember" xlink:to="bap_MibancoEdyficarPeruMember_lbl1" xlink:title="label: MibancoEdyficarPeruMember to bap_MibancoEdyficarPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoEdyficarPeruMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoEdyficarPeruMember" xml:lang="en-US" id="bap_MibancoEdyficarPeruMember">Mibanco - Edyficar Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoEdyficarPeruMember" xlink:to="bap_MibancoEdyficarPeruMember" xlink:title="label: MibancoEdyficarPeruMember to bap_MibancoEdyficarPeruMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PacificoSegurosMember" xlink:label="PacificoSegurosMember" xlink:title="PacificoSegurosMember" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoSegurosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PacificoSegurosMember_lbl" xml:lang="en-US" id="bap_PacificoSegurosMember_lbl">This member stands for Pacifico Seguros.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoSegurosMember" xlink:to="bap_PacificoSegurosMember_lbl" xlink:title="label: PacificoSegurosMember to bap_PacificoSegurosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoSegurosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PacificoSegurosMember_lbl1" xml:lang="en-US" id="bap_PacificoSegurosMember_lbl1">Pacifico Seguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoSegurosMember" xlink:to="bap_PacificoSegurosMember_lbl1" xlink:title="label: PacificoSegurosMember to bap_PacificoSegurosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoSegurosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PacificoSegurosMember" xml:lang="en-US" id="bap_PacificoSegurosMember">Pacifico Seguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoSegurosMember" xlink:to="bap_PacificoSegurosMember" xlink:title="label: PacificoSegurosMember to bap_PacificoSegurosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WallyPOSSACMember" xlink:label="WallyPOSSACMember" xlink:title="WallyPOSSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPOSSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WallyPOSSACMember_lbl" xml:lang="en-US" id="bap_WallyPOSSACMember_lbl">This member stands for Wally POS S.A.C.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPOSSACMember" xlink:to="bap_WallyPOSSACMember_lbl" xlink:title="label: WallyPOSSACMember to bap_WallyPOSSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPOSSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WallyPOSSACMember_lbl1" xml:lang="en-US" id="bap_WallyPOSSACMember_lbl1">Wally POS S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPOSSACMember" xlink:to="bap_WallyPOSSACMember_lbl1" xlink:title="label: WallyPOSSACMember to bap_WallyPOSSACMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPOSSACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WallyPOSSACMember" xml:lang="en-US" id="bap_WallyPOSSACMember">Wally POS S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPOSSACMember" xlink:to="bap_WallyPOSSACMember" xlink:title="label: WallyPOSSACMember to bap_WallyPOSSACMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtlanticSecurityHoldingCorporationMember" xlink:label="AtlanticSecurityHoldingCorporationMember" xlink:title="AtlanticSecurityHoldingCorporationMember" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AtlanticSecurityHoldingCorporationMember_lbl" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationMember_lbl">This member stands for atlantic security holding corporation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationMember" xlink:to="bap_AtlanticSecurityHoldingCorporationMember_lbl" xlink:title="label: AtlanticSecurityHoldingCorporationMember to bap_AtlanticSecurityHoldingCorporationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtlanticSecurityHoldingCorporationMember_lbl1" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationMember_lbl1">Atlantic security holding corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationMember" xlink:to="bap_AtlanticSecurityHoldingCorporationMember_lbl1" xlink:title="label: AtlanticSecurityHoldingCorporationMember to bap_AtlanticSecurityHoldingCorporationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AtlanticSecurityHoldingCorporationMember" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationMember">Atlantic Security Holding Corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationMember" xlink:to="bap_AtlanticSecurityHoldingCorporationMember" xlink:title="label: AtlanticSecurityHoldingCorporationMember to bap_AtlanticSecurityHoldingCorporationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeCreditoDelPeruMember" xlink:label="BancoDeCreditoDelPeruMember" xlink:title="BancoDeCreditoDelPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeCreditoDelPeruMember_lbl" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruMember_lbl">This member stands for Banco de Credito del Peru, a main subsidiary for the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruMember" xlink:to="bap_BancoDeCreditoDelPeruMember_lbl" xlink:title="label: BancoDeCreditoDelPeruMember to bap_BancoDeCreditoDelPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeCreditoDelPeruMember_lbl1" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruMember_lbl1">Banco de Credito del Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruMember" xlink:to="bap_BancoDeCreditoDelPeruMember_lbl1" xlink:title="label: BancoDeCreditoDelPeruMember to bap_BancoDeCreditoDelPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BancoDeCreditoDelPeruMember" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruMember">Banco de Credito del Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruMember" xlink:to="bap_BancoDeCreditoDelPeruMember" xlink:title="label: BancoDeCreditoDelPeruMember to bap_BancoDeCreditoDelPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeCreditoDelPeruMember_lbl2" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruMember_lbl2">BCP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruMember" xlink:to="bap_BancoDeCreditoDelPeruMember_lbl2" xlink:title="label: BancoDeCreditoDelPeruMember to bap_BancoDeCreditoDelPeruMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:label="CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:title="CompaniaIncubadoraDeSolucionesMovilesS.aMember" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl">This member stands for Compaa Incubadora de Soluciones Moviles S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesS.aMember to bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl1" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl1">Compania Incubadora De Soluciones Moviles S.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl1" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesS.aMember to bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember">Compania Incubadora de Soluciones Moviles S.A-Culqi [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesS.aMember to bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember" />
    <link:label xlink:type="resource" xlink:label="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl2" xml:lang="en-US" id="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl2">Culqi [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CompaniaIncubadoraDeSolucionesMovilesS.aMember" xlink:to="bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl2" xlink:title="label: CompaniaIncubadoraDeSolucionesMovilesS.aMember to bap_CompaniaIncubadoraDeSolucionesMovilesS.aMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:label="DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:title="DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract_lbl1">Disclosure of key assumptions used for calculation of fair value less selling costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:to="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract_lbl1" xlink:title="label: DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract to bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xml:lang="en-US" id="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract">Key assumptions used for calculation of fair value less selling costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:to="bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" xlink:title="label: DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract to bap_DisclosureOfKeyAssumptionsUsedForCalculationOfFairValueLessSellingCostsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SamiShopSACMember" xlink:label="SamiShopSACMember" xlink:title="SamiShopSACMember" />
    <link:label xlink:type="resource" xlink:label="bap_SamiShopSACMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SamiShopSACMember_lbl" xml:lang="en-US" id="bap_SamiShopSACMember_lbl">This member stands for Sami Shop S.A.C.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SamiShopSACMember" xlink:to="bap_SamiShopSACMember_lbl" xlink:title="label: SamiShopSACMember to bap_SamiShopSACMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SamiShopSACMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SamiShopSACMember_lbl1" xml:lang="en-US" id="bap_SamiShopSACMember_lbl1">Sami Shop S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SamiShopSACMember" xlink:to="bap_SamiShopSACMember_lbl1" xlink:title="label: SamiShopSACMember to bap_SamiShopSACMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SamiShopSACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SamiShopSACMember" xml:lang="en-US" id="bap_SamiShopSACMember">Sami Shop S.A.C [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SamiShopSACMember" xlink:to="bap_SamiShopSACMember" xlink:title="label: SamiShopSACMember to bap_SamiShopSACMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MATERIALACCOUNTINGPOLICIESAbstract" xlink:label="MATERIALACCOUNTINGPOLICIESAbstract" xlink:title="MATERIALACCOUNTINGPOLICIESAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_MATERIALACCOUNTINGPOLICIESAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MATERIALACCOUNTINGPOLICIESAbstract_lbl1" xml:lang="en-US" id="bap_MATERIALACCOUNTINGPOLICIESAbstract_lbl1">MATERIAL ACCOUNTING POLICIES [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MATERIALACCOUNTINGPOLICIESAbstract" xlink:to="bap_MATERIALACCOUNTINGPOLICIESAbstract_lbl1" xlink:title="label: MATERIALACCOUNTINGPOLICIESAbstract to bap_MATERIALACCOUNTINGPOLICIESAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevenueFromInterestIncomeAbstract" xlink:label="RevenueFromInterestIncomeAbstract" xlink:title="RevenueFromInterestIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromInterestIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevenueFromInterestIncomeAbstract_lbl1" xml:lang="en-US" id="bap_RevenueFromInterestIncomeAbstract_lbl1">Revenue from interest income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterestIncomeAbstract" xlink:to="bap_RevenueFromInterestIncomeAbstract_lbl1" xlink:title="label: RevenueFromInterestIncomeAbstract to bap_RevenueFromInterestIncomeAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromInterestIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_RevenueFromInterestIncomeAbstract" xml:lang="en-US" id="bap_RevenueFromInterestIncomeAbstract">Interest and Similar Income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInterestIncomeAbstract" xlink:to="bap_RevenueFromInterestIncomeAbstract" xlink:title="label: RevenueFromInterestIncomeAbstract to bap_RevenueFromInterestIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestIncomeOnInvestmentsAtAmortizedCost" xlink:label="InterestIncomeOnInvestmentsAtAmortizedCost" xlink:title="InterestIncomeOnInvestmentsAtAmortizedCost" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl" xml:lang="en-US" id="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl">The amount of interest income on investments at amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnInvestmentsAtAmortizedCost" xlink:to="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl" xlink:title="label: InterestIncomeOnInvestmentsAtAmortizedCost to bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl1" xml:lang="en-US" id="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl1">Interest income on investments at amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnInvestmentsAtAmortizedCost" xlink:to="bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl1" xlink:title="label: InterestIncomeOnInvestmentsAtAmortizedCost to bap_InterestIncomeOnInvestmentsAtAmortizedCost_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnInvestmentsAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InterestIncomeOnInvestmentsAtAmortizedCost" xml:lang="en-US" id="bap_InterestIncomeOnInvestmentsAtAmortizedCost">Interest on investments at amortized cost</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeOnInvestmentsAtAmortizedCost" xlink:to="bap_InterestIncomeOnInvestmentsAtAmortizedCost" xlink:title="label: InterestIncomeOnInvestmentsAtAmortizedCost to bap_InterestIncomeOnInvestmentsAtAmortizedCost" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:label="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:title="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xml:lang="en-US" id="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl">The amount of interest income on financial assets designated 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="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" xlink:title="label: InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome to bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl1" xml:lang="en-US" id="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl1">Interest income on financial assets designated 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="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl1" xlink:title="label: InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome to bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xml:lang="en-US" id="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome">Interest on investments 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="InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:to="bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" xlink:title="label: InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome to bap_InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughOtherComprehensiveIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestOnDividends" xlink:label="InterestOnDividends" xlink:title="InterestOnDividends" />
    <link:label xlink:type="resource" xlink:label="bap_InterestOnDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestOnDividends_lbl" xml:lang="en-US" id="bap_InterestOnDividends_lbl">Amount of dividend received.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestOnDividends" xlink:to="bap_InterestOnDividends_lbl" xlink:title="label: InterestOnDividends to bap_InterestOnDividends_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestOnDividends_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestOnDividends_lbl1" xml:lang="en-US" id="bap_InterestOnDividends_lbl1">Interest on dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestOnDividends" xlink:to="bap_InterestOnDividends_lbl1" xlink:title="label: InterestOnDividends to bap_InterestOnDividends_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestOnDividends" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestOnDividends" xml:lang="en-US" id="bap_InterestOnDividends">Dividends received</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestOnDividends" xlink:to="bap_InterestOnDividends" xlink:title="label: InterestOnDividends to bap_InterestOnDividends" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestExpensesAbstract" xlink:label="InterestExpensesAbstract" xlink:title="InterestExpensesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InterestExpensesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestExpensesAbstract_lbl1" xml:lang="en-US" id="bap_InterestExpensesAbstract_lbl1">Interest expenses [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpensesAbstract" xlink:to="bap_InterestExpensesAbstract_lbl1" xlink:title="label: InterestExpensesAbstract to bap_InterestExpensesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InterestExpensesAbstract" xml:lang="en-US" id="bap_InterestExpensesAbstract">Interest and Similar Expense [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpensesAbstract" xlink:to="bap_InterestExpensesAbstract" xlink:title="label: InterestExpensesAbstract to bap_InterestExpensesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepositInsuranceFundExpense" xlink:label="DepositInsuranceFundExpense" xlink:title="DepositInsuranceFundExpense" />
    <link:label xlink:type="resource" xlink:label="bap_DepositInsuranceFundExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepositInsuranceFundExpense_lbl" xml:lang="en-US" id="bap_DepositInsuranceFundExpense_lbl">Amount of expense on a private insurance fund that insures deposits at member banks that exceed the Federal Deposit Insurance Corporation (FDIC) limits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositInsuranceFundExpense" xlink:to="bap_DepositInsuranceFundExpense_lbl" xlink:title="label: DepositInsuranceFundExpense to bap_DepositInsuranceFundExpense_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepositInsuranceFundExpense_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepositInsuranceFundExpense_lbl1" xml:lang="en-US" id="bap_DepositInsuranceFundExpense_lbl1">Deposit Insurance Fund Expense</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositInsuranceFundExpense" xlink:to="bap_DepositInsuranceFundExpense_lbl1" xlink:title="label: DepositInsuranceFundExpense to bap_DepositInsuranceFundExpense_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepositInsuranceFundExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DepositInsuranceFundExpense" xml:lang="en-US" id="bap_DepositInsuranceFundExpense">Deposit Insurance Fund</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositInsuranceFundExpense" xlink:to="bap_DepositInsuranceFundExpense" xlink:title="label: DepositInsuranceFundExpense to bap_DepositInsuranceFundExpense" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialExpensesOfInsuranceActivities" xlink:label="FinancialExpensesOfInsuranceActivities" xlink:title="FinancialExpensesOfInsuranceActivities" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialExpensesOfInsuranceActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialExpensesOfInsuranceActivities_lbl" xml:lang="en-US" id="bap_FinancialExpensesOfInsuranceActivities_lbl">The amount of expenses incurred during the period related to insurance activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialExpensesOfInsuranceActivities" xlink:to="bap_FinancialExpensesOfInsuranceActivities_lbl" xlink:title="label: FinancialExpensesOfInsuranceActivities to bap_FinancialExpensesOfInsuranceActivities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialExpensesOfInsuranceActivities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialExpensesOfInsuranceActivities_lbl1" xml:lang="en-US" id="bap_FinancialExpensesOfInsuranceActivities_lbl1">Financial expenses of insurance activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialExpensesOfInsuranceActivities" xlink:to="bap_FinancialExpensesOfInsuranceActivities_lbl1" xlink:title="label: FinancialExpensesOfInsuranceActivities to bap_FinancialExpensesOfInsuranceActivities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialExpensesOfInsuranceActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_FinancialExpensesOfInsuranceActivities" xml:lang="en-US" id="bap_FinancialExpensesOfInsuranceActivities">Financial expenses of insurance activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialExpensesOfInsuranceActivities" xlink:to="bap_FinancialExpensesOfInsuranceActivities" xlink:title="label: FinancialExpensesOfInsuranceActivities to bap_FinancialExpensesOfInsuranceActivities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BONDSANDNOTESISSUEDAbstract" xlink:label="BONDSANDNOTESISSUEDAbstract" xlink:title="BONDSANDNOTESISSUEDAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_BONDSANDNOTESISSUEDAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BONDSANDNOTESISSUEDAbstract_lbl1" xml:lang="en-US" id="bap_BONDSANDNOTESISSUEDAbstract_lbl1">BONDS AND NOTES ISSUED [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BONDSANDNOTESISSUEDAbstract" xlink:to="bap_BONDSANDNOTESISSUEDAbstract_lbl1" xlink:title="label: BONDSANDNOTESISSUEDAbstract to bap_BONDSANDNOTESISSUEDAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfBondsAndNotesIssuedTable" xlink:label="DisclosureOfBondsAndNotesIssuedTable" xlink:title="DisclosureOfBondsAndNotesIssuedTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBondsAndNotesIssuedTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfBondsAndNotesIssuedTable_lbl" xml:lang="en-US" id="bap_DisclosureOfBondsAndNotesIssuedTable_lbl">Schedule disclosing information related to bonds and notes issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBondsAndNotesIssuedTable" xlink:to="bap_DisclosureOfBondsAndNotesIssuedTable_lbl" xlink:title="label: DisclosureOfBondsAndNotesIssuedTable to bap_DisclosureOfBondsAndNotesIssuedTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBondsAndNotesIssuedTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfBondsAndNotesIssuedTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfBondsAndNotesIssuedTable_lbl1">Disclosure of bonds and notes issued [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBondsAndNotesIssuedTable" xlink:to="bap_DisclosureOfBondsAndNotesIssuedTable_lbl1" xlink:title="label: DisclosureOfBondsAndNotesIssuedTable to bap_DisclosureOfBondsAndNotesIssuedTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfBondsAndNotesIssuedLineItems" xlink:label="DisclosureOfBondsAndNotesIssuedLineItems" xlink:title="DisclosureOfBondsAndNotesIssuedLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBondsAndNotesIssuedLineItems" xlink:to="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl" xlink:title="label: DisclosureOfBondsAndNotesIssuedLineItems to bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl1">Disclosure of bonds and notes issued [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfBondsAndNotesIssuedLineItems" xlink:to="bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl1" xlink:title="label: DisclosureOfBondsAndNotesIssuedLineItems to bap_DisclosureOfBondsAndNotesIssuedLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondsAndNotesIssuedByMaturityAbstract" xlink:label="BondsAndNotesIssuedByMaturityAbstract" xlink:title="BondsAndNotesIssuedByMaturityAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesIssuedByMaturityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondsAndNotesIssuedByMaturityAbstract_lbl1" xml:lang="en-US" id="bap_BondsAndNotesIssuedByMaturityAbstract_lbl1">Bonds and notes issued by maturity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesIssuedByMaturityAbstract" xlink:to="bap_BondsAndNotesIssuedByMaturityAbstract_lbl1" xlink:title="label: BondsAndNotesIssuedByMaturityAbstract to bap_BondsAndNotesIssuedByMaturityAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesIssuedByMaturityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondsAndNotesIssuedByMaturityAbstract" xml:lang="en-US" id="bap_BondsAndNotesIssuedByMaturityAbstract">Bonds and notes issued by maturity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesIssuedByMaturityAbstract" xlink:to="bap_BondsAndNotesIssuedByMaturityAbstract" xlink:title="label: BondsAndNotesIssuedByMaturityAbstract to bap_BondsAndNotesIssuedByMaturityAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NotesAndDebentureIssuedExcludingAccruedInterest" xlink:label="NotesAndDebentureIssuedExcludingAccruedInterest" xlink:title="NotesAndDebentureIssuedExcludingAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl" xml:lang="en-US" id="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl">The amount of notes and debentures excluding accrued interest issued by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebentureIssuedExcludingAccruedInterest" xlink:to="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl" xlink:title="label: NotesAndDebentureIssuedExcludingAccruedInterest to bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl1" xml:lang="en-US" id="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl1">Notes And Debenture Issued Excluding Accrued Interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebentureIssuedExcludingAccruedInterest" xlink:to="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl1" xlink:title="label: NotesAndDebentureIssuedExcludingAccruedInterest to bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NotesAndDebentureIssuedExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NotesAndDebentureIssuedExcludingAccruedInterest" xml:lang="en-US" id="bap_NotesAndDebentureIssuedExcludingAccruedInterest">Bonds and notes issued</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebentureIssuedExcludingAccruedInterest" xlink:to="bap_NotesAndDebentureIssuedExcludingAccruedInterest" xlink:title="label: NotesAndDebentureIssuedExcludingAccruedInterest to bap_NotesAndDebentureIssuedExcludingAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl2" xml:lang="en-US" id="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl2">Carrying amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotesAndDebentureIssuedExcludingAccruedInterest" xlink:to="bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl2" xlink:title="label: NotesAndDebentureIssuedExcludingAccruedInterest to bap_NotesAndDebentureIssuedExcludingAccruedInterest_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OthersLiabilitiesAbstract" xlink:label="OthersLiabilitiesAbstract" xlink:title="OthersLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OthersLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OthersLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_OthersLiabilitiesAbstract_lbl1">Others liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersLiabilitiesAbstract" xlink:to="bap_OthersLiabilitiesAbstract_lbl1" xlink:title="label: OthersLiabilitiesAbstract to bap_OthersLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OthersLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OthersLiabilitiesAbstract" xml:lang="en-US" id="bap_OthersLiabilitiesAbstract">Other liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersLiabilitiesAbstract" xlink:to="bap_OthersLiabilitiesAbstract" xlink:title="label: OthersLiabilitiesAbstract to bap_OthersLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CategoriesOfNonFinancialLiabilitiesAbstract" xlink:label="CategoriesOfNonFinancialLiabilitiesAbstract" xlink:title="CategoriesOfNonFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfNonFinancialLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CategoriesOfNonFinancialLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_CategoriesOfNonFinancialLiabilitiesAbstract_lbl1">Categories of non financial liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfNonFinancialLiabilitiesAbstract" xlink:to="bap_CategoriesOfNonFinancialLiabilitiesAbstract_lbl1" xlink:title="label: CategoriesOfNonFinancialLiabilitiesAbstract to bap_CategoriesOfNonFinancialLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfNonFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CategoriesOfNonFinancialLiabilitiesAbstract" xml:lang="en-US" id="bap_CategoriesOfNonFinancialLiabilitiesAbstract">Non-financial instruments: [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfNonFinancialLiabilitiesAbstract" xlink:to="bap_CategoriesOfNonFinancialLiabilitiesAbstract" xlink:title="label: CategoriesOfNonFinancialLiabilitiesAbstract to bap_CategoriesOfNonFinancialLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonFinancialLiabilities" xlink:label="NonFinancialLiabilities" xlink:title="NonFinancialLiabilities" />
    <link:label xlink:type="resource" xlink:label="bap_NonFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NonFinancialLiabilities_lbl" xml:lang="en-US" id="bap_NonFinancialLiabilities_lbl">The amount of non financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonFinancialLiabilities" xlink:to="bap_NonFinancialLiabilities_lbl" xlink:title="label: NonFinancialLiabilities to bap_NonFinancialLiabilities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NonFinancialLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonFinancialLiabilities_lbl1" xml:lang="en-US" id="bap_NonFinancialLiabilities_lbl1">Non financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonFinancialLiabilities" xlink:to="bap_NonFinancialLiabilities_lbl1" xlink:title="label: NonFinancialLiabilities to bap_NonFinancialLiabilities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_NonFinancialLiabilities" xml:lang="en-US" id="bap_NonFinancialLiabilities">Non financial liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonFinancialLiabilities" xlink:to="bap_NonFinancialLiabilities" xlink:title="label: NonFinancialLiabilities to bap_NonFinancialLiabilities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherFinancialAndNonFinancialAssetsAbstract" xlink:label="OtherFinancialAndNonFinancialAssetsAbstract" xlink:title="OtherFinancialAndNonFinancialAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherFinancialAndNonFinancialAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherFinancialAndNonFinancialAssetsAbstract_lbl1" xml:lang="en-US" id="bap_OtherFinancialAndNonFinancialAssetsAbstract_lbl1">Other financial and non-financial assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialAndNonFinancialAssetsAbstract" xlink:to="bap_OtherFinancialAndNonFinancialAssetsAbstract_lbl1" xlink:title="label: OtherFinancialAndNonFinancialAssetsAbstract to bap_OtherFinancialAndNonFinancialAssetsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherFinancialAndNonFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherFinancialAndNonFinancialAssetsAbstract" xml:lang="en-US" id="bap_OtherFinancialAndNonFinancialAssetsAbstract">Other assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialAndNonFinancialAssetsAbstract" xlink:to="bap_OtherFinancialAndNonFinancialAssetsAbstract" xlink:title="label: OtherFinancialAndNonFinancialAssetsAbstract to bap_OtherFinancialAndNonFinancialAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CategoriesOfNonFinancialInstrumentsAbstract" xlink:label="CategoriesOfNonFinancialInstrumentsAbstract" xlink:title="CategoriesOfNonFinancialInstrumentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfNonFinancialInstrumentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CategoriesOfNonFinancialInstrumentsAbstract_lbl1" xml:lang="en-US" id="bap_CategoriesOfNonFinancialInstrumentsAbstract_lbl1">Categories of non-financial instruments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfNonFinancialInstrumentsAbstract" xlink:to="bap_CategoriesOfNonFinancialInstrumentsAbstract_lbl1" xlink:title="label: CategoriesOfNonFinancialInstrumentsAbstract to bap_CategoriesOfNonFinancialInstrumentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfNonFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CategoriesOfNonFinancialInstrumentsAbstract" xml:lang="en-US" id="bap_CategoriesOfNonFinancialInstrumentsAbstract">Non-financial instruments: [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfNonFinancialInstrumentsAbstract" xlink:to="bap_CategoriesOfNonFinancialInstrumentsAbstract" xlink:title="label: CategoriesOfNonFinancialInstrumentsAbstract to bap_CategoriesOfNonFinancialInstrumentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MiscellaneousNonFinancialInstruments" xlink:label="MiscellaneousNonFinancialInstruments" xlink:title="MiscellaneousNonFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousNonFinancialInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MiscellaneousNonFinancialInstruments_lbl" xml:lang="en-US" id="bap_MiscellaneousNonFinancialInstruments_lbl">The amount of Miscellaneous other non financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonFinancialInstruments" xlink:to="bap_MiscellaneousNonFinancialInstruments_lbl" xlink:title="label: MiscellaneousNonFinancialInstruments to bap_MiscellaneousNonFinancialInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousNonFinancialInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MiscellaneousNonFinancialInstruments_lbl1" xml:lang="en-US" id="bap_MiscellaneousNonFinancialInstruments_lbl1">Miscellaneous non-financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonFinancialInstruments" xlink:to="bap_MiscellaneousNonFinancialInstruments_lbl1" xlink:title="label: MiscellaneousNonFinancialInstruments to bap_MiscellaneousNonFinancialInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MiscellaneousNonFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MiscellaneousNonFinancialInstruments" xml:lang="en-US" id="bap_MiscellaneousNonFinancialInstruments">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiscellaneousNonFinancialInstruments" xlink:to="bap_MiscellaneousNonFinancialInstruments" xlink:title="label: MiscellaneousNonFinancialInstruments to bap_MiscellaneousNonFinancialInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdvancesReceivedForOperationsInProcess" xlink:label="AdvancesReceivedForOperationsInProcess" xlink:title="AdvancesReceivedForOperationsInProcess" />
    <link:label xlink:type="resource" xlink:label="bap_AdvancesReceivedForOperationsInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdvancesReceivedForOperationsInProcess_lbl" xml:lang="en-US" id="bap_AdvancesReceivedForOperationsInProcess_lbl">The amount of advances received by the entity before the related operations is performed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesReceivedForOperationsInProcess" xlink:to="bap_AdvancesReceivedForOperationsInProcess_lbl" xlink:title="label: AdvancesReceivedForOperationsInProcess to bap_AdvancesReceivedForOperationsInProcess_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdvancesReceivedForOperationsInProcess_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdvancesReceivedForOperationsInProcess_lbl1" xml:lang="en-US" id="bap_AdvancesReceivedForOperationsInProcess_lbl1">advances received for operations in process</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesReceivedForOperationsInProcess" xlink:to="bap_AdvancesReceivedForOperationsInProcess_lbl1" xlink:title="label: AdvancesReceivedForOperationsInProcess to bap_AdvancesReceivedForOperationsInProcess_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdvancesReceivedForOperationsInProcess" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdvancesReceivedForOperationsInProcess" xml:lang="en-US" id="bap_AdvancesReceivedForOperationsInProcess">Operations in process</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdvancesReceivedForOperationsInProcess" xlink:to="bap_AdvancesReceivedForOperationsInProcess" xlink:title="label: AdvancesReceivedForOperationsInProcess to bap_AdvancesReceivedForOperationsInProcess" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjudicatedAssetsNet" xlink:label="AdjudicatedAssetsNet" xlink:title="AdjudicatedAssetsNet" />
    <link:label xlink:type="resource" xlink:label="bap_AdjudicatedAssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjudicatedAssetsNet_lbl" xml:lang="en-US" id="bap_AdjudicatedAssetsNet_lbl">The amount of assets which are seized or forfeited by state.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjudicatedAssetsNet" xlink:to="bap_AdjudicatedAssetsNet_lbl" xlink:title="label: AdjudicatedAssetsNet to bap_AdjudicatedAssetsNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjudicatedAssetsNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjudicatedAssetsNet_lbl1" xml:lang="en-US" id="bap_AdjudicatedAssetsNet_lbl1">Adjudicated assets, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjudicatedAssetsNet" xlink:to="bap_AdjudicatedAssetsNet_lbl1" xlink:title="label: AdjudicatedAssetsNet to bap_AdjudicatedAssetsNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjudicatedAssetsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AdjudicatedAssetsNet" xml:lang="en-US" id="bap_AdjudicatedAssetsNet">Adjudicated assets, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjudicatedAssetsNet" xlink:to="bap_AdjudicatedAssetsNet" xlink:title="label: AdjudicatedAssetsNet to bap_AdjudicatedAssetsNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccountsPayableForAcquisitionsOfInvestments" xlink:label="AccountsPayableForAcquisitionsOfInvestments" xlink:title="AccountsPayableForAcquisitionsOfInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableForAcquisitionsOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccountsPayableForAcquisitionsOfInvestments_lbl" xml:lang="en-US" id="bap_AccountsPayableForAcquisitionsOfInvestments_lbl">The amount of other trade payables related to acquisition of investments, classified as financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableForAcquisitionsOfInvestments" xlink:to="bap_AccountsPayableForAcquisitionsOfInvestments_lbl" xlink:title="label: AccountsPayableForAcquisitionsOfInvestments to bap_AccountsPayableForAcquisitionsOfInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableForAcquisitionsOfInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccountsPayableForAcquisitionsOfInvestments_lbl1" xml:lang="en-US" id="bap_AccountsPayableForAcquisitionsOfInvestments_lbl1">Accounts payable for acquisitions of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableForAcquisitionsOfInvestments" xlink:to="bap_AccountsPayableForAcquisitionsOfInvestments_lbl1" xlink:title="label: AccountsPayableForAcquisitionsOfInvestments to bap_AccountsPayableForAcquisitionsOfInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccountsPayableForAcquisitionsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccountsPayableForAcquisitionsOfInvestments" xml:lang="en-US" id="bap_AccountsPayableForAcquisitionsOfInvestments">Accounts payable for acquisitions of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountsPayableForAcquisitionsOfInvestments" xlink:to="bap_AccountsPayableForAcquisitionsOfInvestments" xlink:title="label: AccountsPayableForAcquisitionsOfInvestments to bap_AccountsPayableForAcquisitionsOfInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:label="ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:title="ImprovementsInLeasedPremisesNonFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl" xml:lang="en-US" id="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl">The amount of improvements in leased premises classified as non-financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:to="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl" xlink:title="label: ImprovementsInLeasedPremisesNonFinancialInstruments to bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl1" xml:lang="en-US" id="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl1">Improvements in leased premises, non-financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:to="bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl1" xlink:title="label: ImprovementsInLeasedPremisesNonFinancialInstruments to bap_ImprovementsInLeasedPremisesNonFinancialInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ImprovementsInLeasedPremisesNonFinancialInstruments" xml:lang="en-US" id="bap_ImprovementsInLeasedPremisesNonFinancialInstruments">Improvements in leased premises</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:to="bap_ImprovementsInLeasedPremisesNonFinancialInstruments" xlink:title="label: ImprovementsInLeasedPremisesNonFinancialInstruments to bap_ImprovementsInLeasedPremisesNonFinancialInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DeferredFeesNonFinancialInstruments" xlink:label="DeferredFeesNonFinancialInstruments" xlink:title="DeferredFeesNonFinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredFeesNonFinancialInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DeferredFeesNonFinancialInstruments_lbl" xml:lang="en-US" id="bap_DeferredFeesNonFinancialInstruments_lbl">The amount of deferred fees, classified as non-financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredFeesNonFinancialInstruments" xlink:to="bap_DeferredFeesNonFinancialInstruments_lbl" xlink:title="label: DeferredFeesNonFinancialInstruments to bap_DeferredFeesNonFinancialInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredFeesNonFinancialInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DeferredFeesNonFinancialInstruments_lbl1" xml:lang="en-US" id="bap_DeferredFeesNonFinancialInstruments_lbl1">Deferred fees, non-financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredFeesNonFinancialInstruments" xlink:to="bap_DeferredFeesNonFinancialInstruments_lbl1" xlink:title="label: DeferredFeesNonFinancialInstruments to bap_DeferredFeesNonFinancialInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DeferredFeesNonFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DeferredFeesNonFinancialInstruments" xml:lang="en-US" id="bap_DeferredFeesNonFinancialInstruments">Deferred fees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DeferredFeesNonFinancialInstruments" xlink:to="bap_DeferredFeesNonFinancialInstruments" xlink:title="label: DeferredFeesNonFinancialInstruments to bap_DeferredFeesNonFinancialInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReceivablesFromSaleOfInvestments" xlink:label="ReceivablesFromSaleOfInvestments" xlink:title="ReceivablesFromSaleOfInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesFromSaleOfInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReceivablesFromSaleOfInvestments_lbl" xml:lang="en-US" id="bap_ReceivablesFromSaleOfInvestments_lbl">The amount receivables from sale of investments, classified as financial instruments, other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSaleOfInvestments" xlink:to="bap_ReceivablesFromSaleOfInvestments_lbl" xlink:title="label: ReceivablesFromSaleOfInvestments to bap_ReceivablesFromSaleOfInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesFromSaleOfInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReceivablesFromSaleOfInvestments_lbl1" xml:lang="en-US" id="bap_ReceivablesFromSaleOfInvestments_lbl1">Receivables from sale of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSaleOfInvestments" xlink:to="bap_ReceivablesFromSaleOfInvestments_lbl1" xlink:title="label: ReceivablesFromSaleOfInvestments to bap_ReceivablesFromSaleOfInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReceivablesFromSaleOfInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReceivablesFromSaleOfInvestments" xml:lang="en-US" id="bap_ReceivablesFromSaleOfInvestments">Receivables from sale of investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReceivablesFromSaleOfInvestments" xlink:to="bap_ReceivablesFromSaleOfInvestments" xlink:title="label: ReceivablesFromSaleOfInvestments to bap_ReceivablesFromSaleOfInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeReceivable" xlink:label="DerivativeReceivable" xlink:title="DerivativeReceivable" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeReceivable_lbl" xml:lang="en-US" id="bap_DerivativeReceivable_lbl">The amount of receivable from underlying assets classified as financial instruments, other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeReceivable" xlink:to="bap_DerivativeReceivable_lbl" xlink:title="label: DerivativeReceivable to bap_DerivativeReceivable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeReceivable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeReceivable_lbl1" xml:lang="en-US" id="bap_DerivativeReceivable_lbl1">Derivative receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeReceivable" xlink:to="bap_DerivativeReceivable_lbl1" xlink:title="label: DerivativeReceivable to bap_DerivativeReceivable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeReceivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativeReceivable" xml:lang="en-US" id="bap_DerivativeReceivable">Derivatives receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeReceivable" xlink:to="bap_DerivativeReceivable" xlink:title="label: DerivativeReceivable to bap_DerivativeReceivable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_Receivable" xlink:label="Receivable" xlink:title="Receivable" />
    <link:label xlink:type="resource" xlink:label="bap_Receivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_Receivable_lbl" xml:lang="en-US" id="bap_Receivable_lbl">The amount of receivables from financial instruments, classified as other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Receivable" xlink:to="bap_Receivable_lbl" xlink:title="label: Receivable to bap_Receivable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_Receivable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_Receivable_lbl1" xml:lang="en-US" id="bap_Receivable_lbl1">Receivable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Receivable" xlink:to="bap_Receivable_lbl1" xlink:title="label: Receivable to bap_Receivable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_Receivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_Receivable" xml:lang="en-US" id="bap_Receivable">Receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Receivable" xlink:to="bap_Receivable" xlink:title="label: Receivable to bap_Receivable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AllowanceForIndirectLoanLossesOtherLiabilities" xlink:label="AllowanceForIndirectLoanLossesOtherLiabilities" xlink:title="AllowanceForIndirectLoanLossesOtherLiabilities" />
    <link:label xlink:type="resource" xlink:label="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl" xml:lang="en-US" id="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl">The amount of allowances for indirect loan losses, classified as financial instruments, other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForIndirectLoanLossesOtherLiabilities" xlink:to="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl" xlink:title="label: AllowanceForIndirectLoanLossesOtherLiabilities to bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl1" xml:lang="en-US" id="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl1">Allowance for indirect loan losses, other liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForIndirectLoanLossesOtherLiabilities" xlink:to="bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl1" xlink:title="label: AllowanceForIndirectLoanLossesOtherLiabilities to bap_AllowanceForIndirectLoanLossesOtherLiabilities_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AllowanceForIndirectLoanLossesOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AllowanceForIndirectLoanLossesOtherLiabilities" xml:lang="en-US" id="bap_AllowanceForIndirectLoanLossesOtherLiabilities">Allowance for indirect loan losses, Note 7</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AllowanceForIndirectLoanLossesOtherLiabilities" xlink:to="bap_AllowanceForIndirectLoanLossesOtherLiabilities" xlink:title="label: AllowanceForIndirectLoanLossesOtherLiabilities to bap_AllowanceForIndirectLoanLossesOtherLiabilities" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OperationsWorkInProcess" xlink:label="OperationsWorkInProcess" xlink:title="OperationsWorkInProcess" />
    <link:label xlink:type="resource" xlink:label="bap_OperationsWorkInProcess_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OperationsWorkInProcess_lbl" xml:lang="en-US" id="bap_OperationsWorkInProcess_lbl">The amount of in process operations, classified as financial instruments, other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationsWorkInProcess" xlink:to="bap_OperationsWorkInProcess_lbl" xlink:title="label: OperationsWorkInProcess to bap_OperationsWorkInProcess_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OperationsWorkInProcess_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OperationsWorkInProcess_lbl1" xml:lang="en-US" id="bap_OperationsWorkInProcess_lbl1">Operations work in process</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationsWorkInProcess" xlink:to="bap_OperationsWorkInProcess_lbl1" xlink:title="label: OperationsWorkInProcess to bap_OperationsWorkInProcess_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OperationsWorkInProcess" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OperationsWorkInProcess" xml:lang="en-US" id="bap_OperationsWorkInProcess">Operations in process</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationsWorkInProcess" xlink:to="bap_OperationsWorkInProcess" xlink:title="label: OperationsWorkInProcess to bap_OperationsWorkInProcess" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SalariesAndOtherPersonnelExpensesPayable" xlink:label="SalariesAndOtherPersonnelExpensesPayable" xlink:title="SalariesAndOtherPersonnelExpensesPayable" />
    <link:label xlink:type="resource" xlink:label="bap_SalariesAndOtherPersonnelExpensesPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SalariesAndOtherPersonnelExpensesPayable_lbl" xml:lang="en-US" id="bap_SalariesAndOtherPersonnelExpensesPayable_lbl">Them salary and other personnel expenses due to employees for services used in the entity's business.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalariesAndOtherPersonnelExpensesPayable" xlink:to="bap_SalariesAndOtherPersonnelExpensesPayable_lbl" xlink:title="label: SalariesAndOtherPersonnelExpensesPayable to bap_SalariesAndOtherPersonnelExpensesPayable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SalariesAndOtherPersonnelExpensesPayable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SalariesAndOtherPersonnelExpensesPayable_lbl1" xml:lang="en-US" id="bap_SalariesAndOtherPersonnelExpensesPayable_lbl1">Salaries and other personnel expenses payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalariesAndOtherPersonnelExpensesPayable" xlink:to="bap_SalariesAndOtherPersonnelExpensesPayable_lbl1" xlink:title="label: SalariesAndOtherPersonnelExpensesPayable to bap_SalariesAndOtherPersonnelExpensesPayable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SalariesAndOtherPersonnelExpensesPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SalariesAndOtherPersonnelExpensesPayable" xml:lang="en-US" id="bap_SalariesAndOtherPersonnelExpensesPayable">Salaries and other personnel expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SalariesAndOtherPersonnelExpensesPayable" xlink:to="bap_SalariesAndOtherPersonnelExpensesPayable" xlink:title="label: SalariesAndOtherPersonnelExpensesPayable to bap_SalariesAndOtherPersonnelExpensesPayable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativePayable" xlink:label="DerivativePayable" xlink:title="DerivativePayable" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativePayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativePayable_lbl" xml:lang="en-US" id="bap_DerivativePayable_lbl">The amount of derivative payables classified as financial instruments, other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativePayable" xlink:to="bap_DerivativePayable_lbl" xlink:title="label: DerivativePayable to bap_DerivativePayable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativePayable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativePayable_lbl1" xml:lang="en-US" id="bap_DerivativePayable_lbl1">Derivative payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativePayable" xlink:to="bap_DerivativePayable_lbl1" xlink:title="label: DerivativePayable to bap_DerivativePayable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativePayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativePayable" xml:lang="en-US" id="bap_DerivativePayable">Derivatives payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativePayable" xlink:to="bap_DerivativePayable" xlink:title="label: DerivativePayable to bap_DerivativePayable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OperationalInformationAbstract" xlink:label="OperationalInformationAbstract" xlink:title="OperationalInformationAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OperationalInformationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OperationalInformationAbstract_lbl1" xml:lang="en-US" id="bap_OperationalInformationAbstract_lbl1">Operational information [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperationalInformationAbstract" xlink:to="bap_OperationalInformationAbstract_lbl1" xlink:title="label: OperationalInformationAbstract to bap_OperationalInformationAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisbursementForLandAndRealEstate" xlink:label="DisbursementForLandAndRealEstate" xlink:title="DisbursementForLandAndRealEstate" />
    <link:label xlink:type="resource" xlink:label="bap_DisbursementForLandAndRealEstate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisbursementForLandAndRealEstate_lbl" xml:lang="en-US" id="bap_DisbursementForLandAndRealEstate_lbl">The amount of disbursement for land and real estate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisbursementForLandAndRealEstate" xlink:to="bap_DisbursementForLandAndRealEstate_lbl" xlink:title="label: DisbursementForLandAndRealEstate to bap_DisbursementForLandAndRealEstate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisbursementForLandAndRealEstate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisbursementForLandAndRealEstate_lbl1" xml:lang="en-US" id="bap_DisbursementForLandAndRealEstate_lbl1">Disbursement for land and real estate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisbursementForLandAndRealEstate" xlink:to="bap_DisbursementForLandAndRealEstate_lbl1" xlink:title="label: DisbursementForLandAndRealEstate to bap_DisbursementForLandAndRealEstate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisbursementForLandAndRealEstate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisbursementForLandAndRealEstate" xml:lang="en-US" id="bap_DisbursementForLandAndRealEstate">Disbursement for land and real estate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisbursementForLandAndRealEstate" xlink:to="bap_DisbursementForLandAndRealEstate" xlink:title="label: DisbursementForLandAndRealEstate to bap_DisbursementForLandAndRealEstate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevokedHedgesMember" xlink:label="RevokedHedgesMember" xlink:title="RevokedHedgesMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevokedHedgesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevokedHedgesMember_lbl" xml:lang="en-US" id="bap_RevokedHedgesMember_lbl">This member stands for revoked hedges of the exposure to variability in cash flows that (a) are attributable to a particular risk associated with a recognised asset or liability (such as all or some future interest payments on variable rate debt) or a highly probable forecast transaction; and (b) could affect profit or loss. [Refer: Hedges [member]]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevokedHedgesMember" xlink:to="bap_RevokedHedgesMember_lbl" xlink:title="label: RevokedHedgesMember to bap_RevokedHedgesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevokedHedgesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevokedHedgesMember_lbl1" xml:lang="en-US" id="bap_RevokedHedgesMember_lbl1">Revoked hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevokedHedgesMember" xlink:to="bap_RevokedHedgesMember_lbl1" xlink:title="label: RevokedHedgesMember to bap_RevokedHedgesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevokedHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevokedHedgesMember" xml:lang="en-US" id="bap_RevokedHedgesMember">Revoked Hedges [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevokedHedgesMember" xlink:to="bap_RevokedHedgesMember" xlink:title="label: RevokedHedgesMember to bap_RevokedHedgesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EntidadPrestadoraDeSaludMember" xlink:label="EntidadPrestadoraDeSaludMember" xlink:title="EntidadPrestadoraDeSaludMember" />
    <link:label xlink:type="resource" xlink:label="bap_EntidadPrestadoraDeSaludMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EntidadPrestadoraDeSaludMember_lbl" xml:lang="en-US" id="bap_EntidadPrestadoraDeSaludMember_lbl">This member stands for the standard value for the Associates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntidadPrestadoraDeSaludMember" xlink:to="bap_EntidadPrestadoraDeSaludMember_lbl" xlink:title="label: EntidadPrestadoraDeSaludMember to bap_EntidadPrestadoraDeSaludMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EntidadPrestadoraDeSaludMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EntidadPrestadoraDeSaludMember_lbl1" xml:lang="en-US" id="bap_EntidadPrestadoraDeSaludMember_lbl1">Entidad Prestadora de Salud [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntidadPrestadoraDeSaludMember" xlink:to="bap_EntidadPrestadoraDeSaludMember_lbl1" xlink:title="label: EntidadPrestadoraDeSaludMember to bap_EntidadPrestadoraDeSaludMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EntidadPrestadoraDeSaludMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EntidadPrestadoraDeSaludMember" xml:lang="en-US" id="bap_EntidadPrestadoraDeSaludMember">Entidad Prestadora de Salud [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EntidadPrestadoraDeSaludMember" xlink:to="bap_EntidadPrestadoraDeSaludMember" xlink:title="label: EntidadPrestadoraDeSaludMember to bap_EntidadPrestadoraDeSaludMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DividendsNotCollected" xlink:label="DividendsNotCollected" xlink:title="DividendsNotCollected" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsNotCollected_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DividendsNotCollected_lbl" xml:lang="en-US" id="bap_DividendsNotCollected_lbl">The amount of dividends not yet received during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsNotCollected" xlink:to="bap_DividendsNotCollected_lbl" xlink:title="label: DividendsNotCollected to bap_DividendsNotCollected_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsNotCollected_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DividendsNotCollected_lbl1" xml:lang="en-US" id="bap_DividendsNotCollected_lbl1">Dividends not collected</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsNotCollected" xlink:to="bap_DividendsNotCollected_lbl1" xlink:title="label: DividendsNotCollected to bap_DividendsNotCollected_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsNotCollected" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DividendsNotCollected" xml:lang="en-US" id="bap_DividendsNotCollected">Dividends not collected</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsNotCollected" xlink:to="bap_DividendsNotCollected" xlink:title="label: DividendsNotCollected to bap_DividendsNotCollected" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SaleOfTreasuryStocks" xlink:label="SaleOfTreasuryStocks" xlink:title="SaleOfTreasuryStocks" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfTreasuryStocks_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SaleOfTreasuryStocks_lbl" xml:lang="en-US" id="bap_SaleOfTreasuryStocks_lbl">The amount pertaining to sale of treasury stock.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfTreasuryStocks" xlink:to="bap_SaleOfTreasuryStocks_lbl" xlink:title="label: SaleOfTreasuryStocks to bap_SaleOfTreasuryStocks_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfTreasuryStocks_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SaleOfTreasuryStocks_lbl1" xml:lang="en-US" id="bap_SaleOfTreasuryStocks_lbl1">Sale of treasury stocks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfTreasuryStocks" xlink:to="bap_SaleOfTreasuryStocks_lbl1" xlink:title="label: SaleOfTreasuryStocks to bap_SaleOfTreasuryStocks_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfTreasuryStocks" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SaleOfTreasuryStocks" xml:lang="en-US" id="bap_SaleOfTreasuryStocks">Sale of treasury stocks</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfTreasuryStocks" xlink:to="bap_SaleOfTreasuryStocks" xlink:title="label: SaleOfTreasuryStocks to bap_SaleOfTreasuryStocks" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonControllingInterestStockPutOption" xlink:label="NonControllingInterestStockPutOption" xlink:title="NonControllingInterestStockPutOption" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestStockPutOption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NonControllingInterestStockPutOption_lbl" xml:lang="en-US" id="bap_NonControllingInterestStockPutOption_lbl">The amount of non-controlling interest stock put option.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestStockPutOption" xlink:to="bap_NonControllingInterestStockPutOption_lbl" xlink:title="label: NonControllingInterestStockPutOption to bap_NonControllingInterestStockPutOption_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestStockPutOption_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonControllingInterestStockPutOption_lbl1" xml:lang="en-US" id="bap_NonControllingInterestStockPutOption_lbl1">Non-controlling interest stock put option</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestStockPutOption" xlink:to="bap_NonControllingInterestStockPutOption_lbl1" xlink:title="label: NonControllingInterestStockPutOption to bap_NonControllingInterestStockPutOption_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestStockPutOption" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_NonControllingInterestStockPutOption" xml:lang="en-US" id="bap_NonControllingInterestStockPutOption">Non-controlling interest stock put option, Note 3(n)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestStockPutOption" xlink:to="bap_NonControllingInterestStockPutOption" xlink:title="label: NonControllingInterestStockPutOption to bap_NonControllingInterestStockPutOption" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonControllingInterestAcquired" xlink:label="NonControllingInterestAcquired" xlink:title="NonControllingInterestAcquired" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestAcquired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NonControllingInterestAcquired_lbl" xml:lang="en-US" id="bap_NonControllingInterestAcquired_lbl">The amount of non controlling interest acquired.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestAcquired" xlink:to="bap_NonControllingInterestAcquired_lbl" xlink:title="label: NonControllingInterestAcquired to bap_NonControllingInterestAcquired_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestAcquired_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonControllingInterestAcquired_lbl1" xml:lang="en-US" id="bap_NonControllingInterestAcquired_lbl1">Non controlling interest acquired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestAcquired" xlink:to="bap_NonControllingInterestAcquired_lbl1" xlink:title="label: NonControllingInterestAcquired to bap_NonControllingInterestAcquired_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonControllingInterestAcquired" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_NonControllingInterestAcquired" xml:lang="en-US" id="bap_NonControllingInterestAcquired">Minority purchase</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonControllingInterestAcquired" xlink:to="bap_NonControllingInterestAcquired" xlink:title="label: NonControllingInterestAcquired to bap_NonControllingInterestAcquired" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdditionalDividends" xlink:label="AdditionalDividends" xlink:title="AdditionalDividends" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalDividends_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdditionalDividends_lbl" xml:lang="en-US" id="bap_AdditionalDividends_lbl">The amount of additional dividend.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividends" xlink:to="bap_AdditionalDividends_lbl" xlink:title="label: AdditionalDividends to bap_AdditionalDividends_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalDividends_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdditionalDividends_lbl1" xml:lang="en-US" id="bap_AdditionalDividends_lbl1">Additional dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividends" xlink:to="bap_AdditionalDividends_lbl1" xlink:title="label: AdditionalDividends to bap_AdditionalDividends_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdditionalDividends" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_AdditionalDividends" xml:lang="en-US" id="bap_AdditionalDividends">Additional dividends</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdditionalDividends" xlink:to="bap_AdditionalDividends" xlink:title="label: AdditionalDividends to bap_AdditionalDividends" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TreasuryStockShareBasedPaymentMember" xlink:label="TreasuryStockShareBasedPaymentMember" xlink:title="TreasuryStockShareBasedPaymentMember" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockShareBasedPaymentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TreasuryStockShareBasedPaymentMember_lbl" xml:lang="en-US" id="bap_TreasuryStockShareBasedPaymentMember_lbl">This member stands for the treasury stock, share based payment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockShareBasedPaymentMember" xlink:to="bap_TreasuryStockShareBasedPaymentMember_lbl" xlink:title="label: TreasuryStockShareBasedPaymentMember to bap_TreasuryStockShareBasedPaymentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockShareBasedPaymentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TreasuryStockShareBasedPaymentMember_lbl1" xml:lang="en-US" id="bap_TreasuryStockShareBasedPaymentMember_lbl1">Treasury stock share based payment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockShareBasedPaymentMember" xlink:to="bap_TreasuryStockShareBasedPaymentMember_lbl1" xlink:title="label: TreasuryStockShareBasedPaymentMember to bap_TreasuryStockShareBasedPaymentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockShareBasedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TreasuryStockShareBasedPaymentMember" xml:lang="en-US" id="bap_TreasuryStockShareBasedPaymentMember">Share-based Payment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockShareBasedPaymentMember" xlink:to="bap_TreasuryStockShareBasedPaymentMember" xlink:title="label: TreasuryStockShareBasedPaymentMember to bap_TreasuryStockShareBasedPaymentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TreasuryStockSharesOfGroupMember" xlink:label="TreasuryStockSharesOfGroupMember" xlink:title="TreasuryStockSharesOfGroupMember" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockSharesOfGroupMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TreasuryStockSharesOfGroupMember_lbl" xml:lang="en-US" id="bap_TreasuryStockSharesOfGroupMember_lbl">This member stands for the treasury stock, shares of group.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockSharesOfGroupMember" xlink:to="bap_TreasuryStockSharesOfGroupMember_lbl" xlink:title="label: TreasuryStockSharesOfGroupMember to bap_TreasuryStockSharesOfGroupMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockSharesOfGroupMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TreasuryStockSharesOfGroupMember_lbl1" xml:lang="en-US" id="bap_TreasuryStockSharesOfGroupMember_lbl1">Treasury stock shares of group [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockSharesOfGroupMember" xlink:to="bap_TreasuryStockSharesOfGroupMember_lbl1" xlink:title="label: TreasuryStockSharesOfGroupMember to bap_TreasuryStockSharesOfGroupMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockSharesOfGroupMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TreasuryStockSharesOfGroupMember" xml:lang="en-US" id="bap_TreasuryStockSharesOfGroupMember">Shares of the Group [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockSharesOfGroupMember" xlink:to="bap_TreasuryStockSharesOfGroupMember" xlink:title="label: TreasuryStockSharesOfGroupMember to bap_TreasuryStockSharesOfGroupMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:label="ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:title="ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember_lbl1" xml:lang="en-US" id="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember_lbl1">Reserve of gains and losses from investments in debt instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:to="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember_lbl1" xlink:title="label: ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember to bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xml:lang="en-US" id="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember">Investments in Debt Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:to="bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" xlink:title="label: ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember to bap_ReserveOfGainsAndLossesFromInvestmentsInDebtInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceReservesMember" xlink:label="InsuranceReservesMember" xlink:title="InsuranceReservesMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceReservesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceReservesMember_lbl" xml:lang="en-US" id="bap_InsuranceReservesMember_lbl">This member stands for the insurance reserves.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceReservesMember" xlink:to="bap_InsuranceReservesMember_lbl" xlink:title="label: InsuranceReservesMember to bap_InsuranceReservesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceReservesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceReservesMember_lbl1" xml:lang="en-US" id="bap_InsuranceReservesMember_lbl1">Insurance reserves [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceReservesMember" xlink:to="bap_InsuranceReservesMember_lbl1" xlink:title="label: InsuranceReservesMember to bap_InsuranceReservesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceReservesMember" xml:lang="en-US" id="bap_InsuranceReservesMember">Insurance Reserves [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceReservesMember" xlink:to="bap_InsuranceReservesMember" xlink:title="label: InsuranceReservesMember to bap_InsuranceReservesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl">The disclosure of detailed information about expenses that the entity classifies as being administrative.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl1">Disclosure of detailed information about administrative expenses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock">Components of administrative expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAdministrativeExpensesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BalancesOnSeveranceIndemnityDeposits" xlink:label="BalancesOnSeveranceIndemnityDeposits" xlink:title="BalancesOnSeveranceIndemnityDeposits" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSeveranceIndemnityDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BalancesOnSeveranceIndemnityDeposits_lbl" xml:lang="en-US" id="bap_BalancesOnSeveranceIndemnityDeposits_lbl">The amount of balances in severance indemnity deposits held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSeveranceIndemnityDeposits" xlink:to="bap_BalancesOnSeveranceIndemnityDeposits_lbl" xlink:title="label: BalancesOnSeveranceIndemnityDeposits to bap_BalancesOnSeveranceIndemnityDeposits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSeveranceIndemnityDeposits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BalancesOnSeveranceIndemnityDeposits_lbl1" xml:lang="en-US" id="bap_BalancesOnSeveranceIndemnityDeposits_lbl1">Balances on severance indemnity deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSeveranceIndemnityDeposits" xlink:to="bap_BalancesOnSeveranceIndemnityDeposits_lbl1" xlink:title="label: BalancesOnSeveranceIndemnityDeposits to bap_BalancesOnSeveranceIndemnityDeposits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSeveranceIndemnityDeposits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BalancesOnSeveranceIndemnityDeposits" xml:lang="en-US" id="bap_BalancesOnSeveranceIndemnityDeposits">Severance indemnity deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSeveranceIndemnityDeposits" xlink:to="bap_BalancesOnSeveranceIndemnityDeposits" xlink:title="label: BalancesOnSeveranceIndemnityDeposits to bap_BalancesOnSeveranceIndemnityDeposits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BalancesOnSavingAccountsFromCustomers" xlink:label="BalancesOnSavingAccountsFromCustomers" xlink:title="BalancesOnSavingAccountsFromCustomers" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSavingAccountsFromCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BalancesOnSavingAccountsFromCustomers_lbl" xml:lang="en-US" id="bap_BalancesOnSavingAccountsFromCustomers_lbl">The amount of balances in customers' savings accounts held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSavingAccountsFromCustomers" xlink:to="bap_BalancesOnSavingAccountsFromCustomers_lbl" xlink:title="label: BalancesOnSavingAccountsFromCustomers to bap_BalancesOnSavingAccountsFromCustomers_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSavingAccountsFromCustomers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BalancesOnSavingAccountsFromCustomers_lbl1" xml:lang="en-US" id="bap_BalancesOnSavingAccountsFromCustomers_lbl1">Balances on saving accounts from customers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSavingAccountsFromCustomers" xlink:to="bap_BalancesOnSavingAccountsFromCustomers_lbl1" xlink:title="label: BalancesOnSavingAccountsFromCustomers to bap_BalancesOnSavingAccountsFromCustomers_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnSavingAccountsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BalancesOnSavingAccountsFromCustomers" xml:lang="en-US" id="bap_BalancesOnSavingAccountsFromCustomers">Saving deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnSavingAccountsFromCustomers" xlink:to="bap_BalancesOnSavingAccountsFromCustomers" xlink:title="label: BalancesOnSavingAccountsFromCustomers to bap_BalancesOnSavingAccountsFromCustomers" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestPayableOnDepositsFromCustomer" xlink:label="InterestPayableOnDepositsFromCustomer" xlink:title="InterestPayableOnDepositsFromCustomer" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromCustomer_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestPayableOnDepositsFromCustomer_lbl" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromCustomer_lbl">The amount of interest on deposits from customer recognised as a liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromCustomer" xlink:to="bap_InterestPayableOnDepositsFromCustomer_lbl" xlink:title="label: InterestPayableOnDepositsFromCustomer to bap_InterestPayableOnDepositsFromCustomer_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromCustomer_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestPayableOnDepositsFromCustomer_lbl1" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromCustomer_lbl1">Interest Payable On Deposits From Customer</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromCustomer" xlink:to="bap_InterestPayableOnDepositsFromCustomer_lbl1" xlink:title="label: InterestPayableOnDepositsFromCustomer to bap_InterestPayableOnDepositsFromCustomer_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestPayableOnDepositsFromCustomer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestPayableOnDepositsFromCustomer" xml:lang="en-US" id="bap_InterestPayableOnDepositsFromCustomer">Interest payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestPayableOnDepositsFromCustomer" xlink:to="bap_InterestPayableOnDepositsFromCustomer" xlink:title="label: InterestPayableOnDepositsFromCustomer to bap_InterestPayableOnDepositsFromCustomer" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BalancesOnBanksNegotiableCertificate" xlink:label="BalancesOnBanksNegotiableCertificate" xlink:title="BalancesOnBanksNegotiableCertificate" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnBanksNegotiableCertificate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BalancesOnBanksNegotiableCertificate_lbl" xml:lang="en-US" id="bap_BalancesOnBanksNegotiableCertificate_lbl">The amount of balances in bank's negociable certificate held by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnBanksNegotiableCertificate" xlink:to="bap_BalancesOnBanksNegotiableCertificate_lbl" xlink:title="label: BalancesOnBanksNegotiableCertificate to bap_BalancesOnBanksNegotiableCertificate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnBanksNegotiableCertificate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BalancesOnBanksNegotiableCertificate_lbl1" xml:lang="en-US" id="bap_BalancesOnBanksNegotiableCertificate_lbl1">Balances on bank's negotiable certificate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnBanksNegotiableCertificate" xlink:to="bap_BalancesOnBanksNegotiableCertificate_lbl1" xlink:title="label: BalancesOnBanksNegotiableCertificate to bap_BalancesOnBanksNegotiableCertificate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BalancesOnBanksNegotiableCertificate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_BalancesOnBanksNegotiableCertificate" xml:lang="en-US" id="bap_BalancesOnBanksNegotiableCertificate">Bank's negotiable certificates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancesOnBanksNegotiableCertificate" xlink:to="bap_BalancesOnBanksNegotiableCertificate" xlink:title="label: BalancesOnBanksNegotiableCertificate to bap_BalancesOnBanksNegotiableCertificate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:label="FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:title="FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract_lbl1" xml:lang="en-US" id="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract_lbl1">Fair value of derivative financial instruments, recorded as an asset or a liability [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:to="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract_lbl1" xlink:title="label: FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract to bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xml:lang="en-US" id="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract">Fair value of derivative financial instruments, recorded as an asset or a liability [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:to="bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" xlink:title="label: FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract to bap_FairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativesHeldForTradingMember" xlink:label="DerivativesHeldForTradingMember" xlink:title="DerivativesHeldForTradingMember" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldForTradingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativesHeldForTradingMember_lbl" xml:lang="en-US" id="bap_DerivativesHeldForTradingMember_lbl">This member stands for derivatives held for trading.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldForTradingMember" xlink:to="bap_DerivativesHeldForTradingMember_lbl" xlink:title="label: DerivativesHeldForTradingMember to bap_DerivativesHeldForTradingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldForTradingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativesHeldForTradingMember_lbl1" xml:lang="en-US" id="bap_DerivativesHeldForTradingMember_lbl1">Derivatives Held For Trading [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldForTradingMember" xlink:to="bap_DerivativesHeldForTradingMember_lbl1" xlink:title="label: DerivativesHeldForTradingMember to bap_DerivativesHeldForTradingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesHeldForTradingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativesHeldForTradingMember" xml:lang="en-US" id="bap_DerivativesHeldForTradingMember">Derivatives Held for Trading [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesHeldForTradingMember" xlink:to="bap_DerivativesHeldForTradingMember" xlink:title="label: DerivativesHeldForTradingMember to bap_DerivativesHeldForTradingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfRelatedInstruments" xlink:label="DescriptionOfRelatedInstruments" xlink:title="DescriptionOfRelatedInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfRelatedInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfRelatedInstruments_lbl" xml:lang="en-US" id="bap_DescriptionOfRelatedInstruments_lbl">The description relating to instruments related to derivative contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfRelatedInstruments" xlink:to="bap_DescriptionOfRelatedInstruments_lbl" xlink:title="label: DescriptionOfRelatedInstruments to bap_DescriptionOfRelatedInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfRelatedInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfRelatedInstruments_lbl1" xml:lang="en-US" id="bap_DescriptionOfRelatedInstruments_lbl1">Description of related instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfRelatedInstruments" xlink:to="bap_DescriptionOfRelatedInstruments_lbl1" xlink:title="label: DescriptionOfRelatedInstruments to bap_DescriptionOfRelatedInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfRelatedInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfRelatedInstruments" xml:lang="en-US" id="bap_DescriptionOfRelatedInstruments">Related instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfRelatedInstruments" xlink:to="bap_DescriptionOfRelatedInstruments" xlink:title="label: DescriptionOfRelatedInstruments to bap_DescriptionOfRelatedInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractTwoMember" xlink:label="CrossCurrencySwapContractTwoMember" xlink:title="CrossCurrencySwapContractTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractTwoMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractTwoMember_lbl">This member stands for a cross currency swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractTwoMember" xlink:to="bap_CrossCurrencySwapContractTwoMember_lbl" xlink:title="label: CrossCurrencySwapContractTwoMember to bap_CrossCurrencySwapContractTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractTwoMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractTwoMember_lbl1">Cross currency swap contract two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractTwoMember" xlink:to="bap_CrossCurrencySwapContractTwoMember_lbl1" xlink:title="label: CrossCurrencySwapContractTwoMember to bap_CrossCurrencySwapContractTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractTwoMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractTwoMember">Cross Currency Swap Contract Two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractTwoMember" xlink:to="bap_CrossCurrencySwapContractTwoMember" xlink:title="label: CrossCurrencySwapContractTwoMember to bap_CrossCurrencySwapContractTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractFourMember" xlink:label="CrossCurrencySwapContractFourMember" xlink:title="CrossCurrencySwapContractFourMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractFourMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractFourMember_lbl">This member stands for a cross currency swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFourMember" xlink:to="bap_CrossCurrencySwapContractFourMember_lbl" xlink:title="label: CrossCurrencySwapContractFourMember to bap_CrossCurrencySwapContractFourMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFourMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractFourMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractFourMember_lbl1">Cross currency swap contract four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFourMember" xlink:to="bap_CrossCurrencySwapContractFourMember_lbl1" xlink:title="label: CrossCurrencySwapContractFourMember to bap_CrossCurrencySwapContractFourMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractFourMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractFourMember">Cross Currency Swap Contract Four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFourMember" xlink:to="bap_CrossCurrencySwapContractFourMember" xlink:title="label: CrossCurrencySwapContractFourMember to bap_CrossCurrencySwapContractFourMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractThreeMember" xlink:label="CrossCurrencySwapContractThreeMember" xlink:title="CrossCurrencySwapContractThreeMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractThreeMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractThreeMember_lbl">This member stands for a cross currency swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractThreeMember" xlink:to="bap_CrossCurrencySwapContractThreeMember_lbl" xlink:title="label: CrossCurrencySwapContractThreeMember to bap_CrossCurrencySwapContractThreeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractThreeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractThreeMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractThreeMember_lbl1">Cross currency swap contract three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractThreeMember" xlink:to="bap_CrossCurrencySwapContractThreeMember_lbl1" xlink:title="label: CrossCurrencySwapContractThreeMember to bap_CrossCurrencySwapContractThreeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractThreeMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractThreeMember">Cross Currency Swap Contract Three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractThreeMember" xlink:to="bap_CrossCurrencySwapContractThreeMember" xlink:title="label: CrossCurrencySwapContractThreeMember to bap_CrossCurrencySwapContractThreeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrossCurrencySwapContractFiveMember" xlink:label="CrossCurrencySwapContractFiveMember" xlink:title="CrossCurrencySwapContractFiveMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrossCurrencySwapContractFiveMember_lbl" xml:lang="en-US" id="bap_CrossCurrencySwapContractFiveMember_lbl">This member stands for a cross currency swap contract.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFiveMember" xlink:to="bap_CrossCurrencySwapContractFiveMember_lbl" xlink:title="label: CrossCurrencySwapContractFiveMember to bap_CrossCurrencySwapContractFiveMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFiveMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrossCurrencySwapContractFiveMember_lbl1" xml:lang="en-US" id="bap_CrossCurrencySwapContractFiveMember_lbl1">Cross currency swap contract five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFiveMember" xlink:to="bap_CrossCurrencySwapContractFiveMember_lbl1" xlink:title="label: CrossCurrencySwapContractFiveMember to bap_CrossCurrencySwapContractFiveMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrossCurrencySwapContractFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrossCurrencySwapContractFiveMember" xml:lang="en-US" id="bap_CrossCurrencySwapContractFiveMember">Cross Currency Swap Contract Five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrossCurrencySwapContractFiveMember" xlink:to="bap_CrossCurrencySwapContractFiveMember" xlink:title="label: CrossCurrencySwapContractFiveMember to bap_CrossCurrencySwapContractFiveMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfDerivativeInstumentMaturityPeriod" xlink:label="DescriptionOfDerivativeInstumentMaturityPeriod" xlink:title="DescriptionOfDerivativeInstumentMaturityPeriod" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl" xml:lang="en-US" id="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl">The description relates to maturity of derivatives instrument.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfDerivativeInstumentMaturityPeriod" xlink:to="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl" xlink:title="label: DescriptionOfDerivativeInstumentMaturityPeriod to bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl1" xml:lang="en-US" id="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl1">Description of derivative instument maturity period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfDerivativeInstumentMaturityPeriod" xlink:to="bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl1" xlink:title="label: DescriptionOfDerivativeInstumentMaturityPeriod to bap_DescriptionOfDerivativeInstumentMaturityPeriod_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfDerivativeInstumentMaturityPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfDerivativeInstumentMaturityPeriod" xml:lang="en-US" id="bap_DescriptionOfDerivativeInstumentMaturityPeriod">Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfDerivativeInstumentMaturityPeriod" xlink:to="bap_DescriptionOfDerivativeInstumentMaturityPeriod" xlink:title="label: DescriptionOfDerivativeInstumentMaturityPeriod to bap_DescriptionOfDerivativeInstumentMaturityPeriod" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:label="ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:title="ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl">The tabular disclosure of detailed information about the basis used for consolidation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock to bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl1">Schedule of detailed information about basis of consolidation [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock to bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock">Schedule of detailed information about basis of consolidation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock to bap_ScheduleOfDetailedInformationAboutBasisOfConsolidationTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:label="ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:title="ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl">Tabular disclosure of estimate useful lives of intangible assets of the acquisition of subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:to="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl" xlink:title="label: ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock to bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl1">Schedule of estimated useful lives of intangible assets of acquisition of subsidiaries [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:to="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl1" xlink:title="label: ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock to bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock">Estimated useful lives of intangible assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:to="bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" xlink:title="label: ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock to bap_ScheduleOfEstimatedUsefulLivesOfIntangibleAssetsOfAcquisitionOfSubsidiariesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:label="DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:title="DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl">The disclosure of the entity's accounting policy for basis of presentation, use of estimates and changes in accounting policies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl" xlink:title="label: DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl1">Description of accounting policy for basis of presentation, use of estimates and changes in accounting policies [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock">Basis of presentation, use of estimates and changes in accounting policies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" xlink:title="label: DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForBasisOfPresentationUseOfEstimatesAndChangesInAccountingPoliciesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:label="DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:title="DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl">The description of the entity's accounting policy for amount receivable from customers on acceptance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl" xlink:title="label: DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl1">Description of accounting policy for due from customers on acceptances [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock">Bank Acceptances</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" xlink:title="label: DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForDueFromCustomersOnAcceptancesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:label="DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:title="DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl">The description of the entity's accounting policy for fiduciary activities, management of funds and pension funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl" xlink:title="label: DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock to bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl1">Description of accounting policy for fiduciary activities, management of funds and pension funds [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock to bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock">Fiduciary activities, fund management, and pension funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" xlink:title="label: DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock to bap_DescriptionOfAccountingPolicyForFiduciaryActivitiesManagementOfFundsAndPensionFundsPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:label="DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:title="DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl">The description of the entity's accounting policy for contingencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl" xlink:title="label: DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl1">Description of accounting policy for contingencies [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock">Contingencies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" xlink:title="label: DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForContingenciesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:label="DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:title="DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl">The disclosure of change in accounting policies of adoption of new IFRS and disclosures by the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:to="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl" xlink:title="label: DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock to bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl1">Disclosure of changes in accounting policies, adoption of new IFRS and disclosures [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:to="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl1" xlink:title="label: DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock to bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xml:lang="en-US" id="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock">Change in accounting policies, adoption of new IFRS and disclosures</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:to="bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" xlink:title="label: DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock to bap_DisclosureOfChangesInAccountingPoliciesAdoptionOfNewIFRSAndDisclosuresPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:label="DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:title="DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl">The description of the entity's accounting policy for the recognition of income and expenses from the banking activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl" xlink:title="label: DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl1" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl1">Description of accounting policy for recognition of income and expenses from banking activities [Policy Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl1" xlink:title="label: DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xml:lang="en-US" id="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock">Recognition of income and expenses from banking activities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:to="bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" xlink:title="label: DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock to bap_DescriptionOfAccountingPolicyForRecognitionOfIncomeAndExpensesFromBankingActivitiesPolicyTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:label="DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:title="DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl">The detailed disclosure of the bonds and notes issued, classified by maturity, without accrued interests</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock to bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl1">Disclosure of detailed information of bonds and notes issued by maturity [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock to bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock">Bonds and Notes Issued by Maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock to bap_DisclosureOfDetailedInformationOfBondsAndNotesIssuedByTheirMaturityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BasisOfConsolidationAbstract" xlink:label="BasisOfConsolidationAbstract" xlink:title="BasisOfConsolidationAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_BasisOfConsolidationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BasisOfConsolidationAbstract_lbl1" xml:lang="en-US" id="bap_BasisOfConsolidationAbstract_lbl1">Basis of consolidation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfConsolidationAbstract" xlink:to="bap_BasisOfConsolidationAbstract_lbl1" xlink:title="label: BasisOfConsolidationAbstract to bap_BasisOfConsolidationAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BasisOfConsolidationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BasisOfConsolidationAbstract" xml:lang="en-US" id="bap_BasisOfConsolidationAbstract">Basis of consolidation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BasisOfConsolidationAbstract" xlink:to="bap_BasisOfConsolidationAbstract" xlink:title="label: BasisOfConsolidationAbstract to bap_BasisOfConsolidationAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ActivityAndCountryOfIncorporation" xlink:label="ActivityAndCountryOfIncorporation" xlink:title="ActivityAndCountryOfIncorporation" />
    <link:label xlink:type="resource" xlink:label="bap_ActivityAndCountryOfIncorporation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ActivityAndCountryOfIncorporation_lbl" xml:lang="en-US" id="bap_ActivityAndCountryOfIncorporation_lbl">The type of operation activity the entity is involved and the country in which the entity is incorporated.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActivityAndCountryOfIncorporation" xlink:to="bap_ActivityAndCountryOfIncorporation_lbl" xlink:title="label: ActivityAndCountryOfIncorporation to bap_ActivityAndCountryOfIncorporation_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ActivityAndCountryOfIncorporation_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ActivityAndCountryOfIncorporation_lbl1" xml:lang="en-US" id="bap_ActivityAndCountryOfIncorporation_lbl1">Activity and country of incorporation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ActivityAndCountryOfIncorporation" xlink:to="bap_ActivityAndCountryOfIncorporation_lbl1" xlink:title="label: ActivityAndCountryOfIncorporation to bap_ActivityAndCountryOfIncorporation_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:label="PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:title="PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl">This member stands for entity Pacfico Compania de Seguros y Reaseguros S.A.and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:to="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl" xlink:title="label: PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember to bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl1">Pacifico Compania de Seguros y Reaseguros S.A and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:to="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl1" xlink:title="label: PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember to bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xml:lang="en-US" id="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember">Pacifico Compania de Seguros y Reaseguros S.A and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:to="bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" xlink:title="label: PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember to bap_PacficoCompaniaDeSegurosYReasegurosSAAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:label="CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:title="CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl">This member stands for entity Credicorp Holding Colombia S.A.S. and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:to="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl" xlink:title="label: CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember to bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl1">Credicorp Holding Colombia S.A.S. And Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:to="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl1" xlink:title="label: CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember to bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xml:lang="en-US" id="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember">Credicorp Holding Colombia S.A.S. And Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:to="bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" xlink:title="label: CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember to bap_CredicorpHoldingColombiaS.a.s.AndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:label="AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:title="AtlanticSecurityHoldingCorporationAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl">This member stands for entity Atlantic Security Holding Corporation and its subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl" xlink:title="label: AtlanticSecurityHoldingCorporationAndSubsidiariesMember to bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl1">Atlantic Security Holding Corporation and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl1" xlink:title="label: AtlanticSecurityHoldingCorporationAndSubsidiariesMember to bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember">Atlantic Security Holding Corporation and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember" xlink:title="label: AtlanticSecurityHoldingCorporationAndSubsidiariesMember to bap_AtlanticSecurityHoldingCorporationAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CCRIncorporationMember" xlink:label="CCRIncorporationMember" xlink:title="CCRIncorporationMember" />
    <link:label xlink:type="resource" xlink:label="bap_CCRIncorporationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CCRIncorporationMember_lbl" xml:lang="en-US" id="bap_CCRIncorporationMember_lbl">This member stands for the Entity CCR Inc.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CCRIncorporationMember" xlink:to="bap_CCRIncorporationMember_lbl" xlink:title="label: CCRIncorporationMember to bap_CCRIncorporationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CCRIncorporationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CCRIncorporationMember_lbl1" xml:lang="en-US" id="bap_CCRIncorporationMember_lbl1">CCR Incorporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CCRIncorporationMember" xlink:to="bap_CCRIncorporationMember_lbl1" xlink:title="label: CCRIncorporationMember to bap_CCRIncorporationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CCRIncorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CCRIncorporationMember" xml:lang="en-US" id="bap_CCRIncorporationMember">CCR Inc. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CCRIncorporationMember" xlink:to="bap_CCRIncorporationMember" xlink:title="label: CCRIncorporationMember to bap_CCRIncorporationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalLtdAndSubsidiariesMember" xlink:label="CredicorpCapitalLtdAndSubsidiariesMember" xlink:title="CredicorpCapitalLtdAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl">This member stands for entity Credicorp Capital Ltd and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalLtdAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl" xlink:title="label: CredicorpCapitalLtdAndSubsidiariesMember to bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl1">Credicorp Capital Ltd and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalLtdAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl1" xlink:title="label: CredicorpCapitalLtdAndSubsidiariesMember to bap_CredicorpCapitalLtdAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalLtdAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalLtdAndSubsidiariesMember" xml:lang="en-US" id="bap_CredicorpCapitalLtdAndSubsidiariesMember">Credicorp Capital Ltd. and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalLtdAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalLtdAndSubsidiariesMember" xlink:title="label: CredicorpCapitalLtdAndSubsidiariesMember to bap_CredicorpCapitalLtdAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrupoCrditoSAAndSubsidiariesMember" xlink:label="GrupoCrditoSAAndSubsidiariesMember" xlink:title="GrupoCrditoSAAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCrditoSAAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrupoCrditoSAAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_GrupoCrditoSAAndSubsidiariesMember_lbl">This member stands for the entity Grupo Credito S.A. and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCrditoSAAndSubsidiariesMember" xlink:to="bap_GrupoCrditoSAAndSubsidiariesMember_lbl" xlink:title="label: GrupoCrditoSAAndSubsidiariesMember to bap_GrupoCrditoSAAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCrditoSAAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrupoCrditoSAAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_GrupoCrditoSAAndSubsidiariesMember_lbl1">Grupo Credito S.A. and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCrditoSAAndSubsidiariesMember" xlink:to="bap_GrupoCrditoSAAndSubsidiariesMember_lbl1" xlink:title="label: GrupoCrditoSAAndSubsidiariesMember to bap_GrupoCrditoSAAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCrditoSAAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrupoCrditoSAAndSubsidiariesMember" xml:lang="en-US" id="bap_GrupoCrditoSAAndSubsidiariesMember">Grupo Credito S.A. and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCrditoSAAndSubsidiariesMember" xlink:to="bap_GrupoCrditoSAAndSubsidiariesMember" xlink:title="label: GrupoCrditoSAAndSubsidiariesMember to bap_GrupoCrditoSAAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:label="CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:title="CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl">This member stands for entity Credicorp Capital Holding Peru S.A. and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl" xlink:title="label: CredicorpCapitalHoldingPeruSAAndSubsidiariesMember to bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl1">Credicorp Capital Holding Peru S A And Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl1" xlink:title="label: CredicorpCapitalHoldingPeruSAAndSubsidiariesMember to bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xml:lang="en-US" id="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember">Credicorp Capital Holding Peru S.A. And Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" xlink:title="label: CredicorpCapitalHoldingPeruSAAndSubsidiariesMember to bap_CredicorpCapitalHoldingPeruSAAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:label="InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:title="InversionesCredicorpBoliviaSAAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl">This member stands for entity Inversiones Credicorp Bolivia S.A and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:to="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl" xlink:title="label: InversionesCredicorpBoliviaSAAndSubsidiariesMember to bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl1">Inversiones Credicorp Bolivia S.A. and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:to="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl1" xlink:title="label: InversionesCredicorpBoliviaSAAndSubsidiariesMember to bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember" xml:lang="en-US" id="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember">Inversiones Credicorp Bolivia S.A. and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:to="bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember" xlink:title="label: InversionesCredicorpBoliviaSAAndSubsidiariesMember to bap_InversionesCredicorpBoliviaSAAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:label="MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:title="MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl">This member stands for entity Mibanco - Banco de la Microempresa de Colombia S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:to="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl" xlink:title="label: MibancoBancoDeLaMicroempresaDeColombiaS.a.Member to bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl1" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl1">Mibanco Banco De La Microempresa De Colombia S.a. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:to="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl1" xlink:title="label: MibancoBancoDeLaMicroempresaDeColombiaS.a.Member to bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member">Mibanco - Banco De La Microempresa De Colombia S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:to="bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" xlink:title="label: MibancoBancoDeLaMicroempresaDeColombiaS.a.Member to bap_MibancoBancoDeLaMicroempresaDeColombiaS.a.Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:label="BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:title="BancoDeCreditoDelPeruAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl">This member stands for entity Banco De Credito Del Peru and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:to="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl" xlink:title="label: BancoDeCreditoDelPeruAndSubsidiariesMember to bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl1">Banco de Credito del Peru and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:to="bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl1" xlink:title="label: BancoDeCreditoDelPeruAndSubsidiariesMember to bap_BancoDeCreditoDelPeruAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BancoDeCreditoDelPeruAndSubsidiariesMember" xml:lang="en-US" id="bap_BancoDeCreditoDelPeruAndSubsidiariesMember">Banco de Credito del Peru and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:to="bap_BancoDeCreditoDelPeruAndSubsidiariesMember" xlink:title="label: BancoDeCreditoDelPeruAndSubsidiariesMember to bap_BancoDeCreditoDelPeruAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:label="CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:title="CredicorpCapitalHoldingChileAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl">This member stands for entity Credicorp Capital Holding Chile and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl" xlink:title="label: CredicorpCapitalHoldingChileAndSubsidiariesMember to bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl1">Credicorp Capital Holding Chile and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl1" xlink:title="label: CredicorpCapitalHoldingChileAndSubsidiariesMember to bap_CredicorpCapitalHoldingChileAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember" xml:lang="en-US" id="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember">Credicorp Capital Holding Chile And Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:to="bap_CredicorpCapitalHoldingChileAndSubsidiariesMember" xlink:title="label: CredicorpCapitalHoldingChileAndSubsidiariesMember to bap_CredicorpCapitalHoldingChileAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TenpoSpAAndSubsidiariesMember" xlink:label="TenpoSpAAndSubsidiariesMember" xlink:title="TenpoSpAAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpAAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TenpoSpAAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_TenpoSpAAndSubsidiariesMember_lbl">This member stands for the entity Tenpo SpA and its Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpAAndSubsidiariesMember" xlink:to="bap_TenpoSpAAndSubsidiariesMember_lbl" xlink:title="label: TenpoSpAAndSubsidiariesMember to bap_TenpoSpAAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpAAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TenpoSpAAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_TenpoSpAAndSubsidiariesMember_lbl1">Tenpo SpA and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpAAndSubsidiariesMember" xlink:to="bap_TenpoSpAAndSubsidiariesMember_lbl1" xlink:title="label: TenpoSpAAndSubsidiariesMember to bap_TenpoSpAAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoSpAAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TenpoSpAAndSubsidiariesMember" xml:lang="en-US" id="bap_TenpoSpAAndSubsidiariesMember">Tenpo SpA and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoSpAAndSubsidiariesMember" xlink:to="bap_TenpoSpAAndSubsidiariesMember" xlink:title="label: TenpoSpAAndSubsidiariesMember to bap_TenpoSpAAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoMember" xlink:label="MibancoMember" xlink:title="MibancoMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoMember_lbl" xml:lang="en-US" id="bap_MibancoMember_lbl">This member stands for Mibanco a subsidiary for entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoMember" xlink:to="bap_MibancoMember_lbl" xlink:title="label: MibancoMember to bap_MibancoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoMember_lbl1" xml:lang="en-US" id="bap_MibancoMember_lbl1">Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoMember" xlink:to="bap_MibancoMember_lbl1" xlink:title="label: MibancoMember to bap_MibancoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MibancoMember" xml:lang="en-US" id="bap_MibancoMember">MiBanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoMember" xlink:to="bap_MibancoMember" xlink:title="label: MibancoMember to bap_MibancoMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoMember_lbl2" xml:lang="en-US" id="bap_MibancoMember_lbl2">Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoMember" xlink:to="bap_MibancoMember_lbl2" xlink:title="label: MibancoMember to bap_MibancoMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PrimaAFPSAMember" xlink:label="PrimaAFPSAMember" xlink:title="PrimaAFPSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PrimaAFPSAMember_lbl" xml:lang="en-US" id="bap_PrimaAFPSAMember_lbl">This member stands for the entity Prima AFP.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPSAMember" xlink:to="bap_PrimaAFPSAMember_lbl" xlink:title="label: PrimaAFPSAMember to bap_PrimaAFPSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PrimaAFPSAMember_lbl1" xml:lang="en-US" id="bap_PrimaAFPSAMember_lbl1">Prima AFP S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPSAMember" xlink:to="bap_PrimaAFPSAMember_lbl1" xlink:title="label: PrimaAFPSAMember to bap_PrimaAFPSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PrimaAFPSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PrimaAFPSAMember" xml:lang="en-US" id="bap_PrimaAFPSAMember">Prima AFP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PrimaAFPSAMember" xlink:to="bap_PrimaAFPSAMember" xlink:title="label: PrimaAFPSAMember to bap_PrimaAFPSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SoftwareLicensesMember" xlink:label="SoftwareLicensesMember" xlink:title="SoftwareLicensesMember" />
    <link:label xlink:type="resource" xlink:label="bap_SoftwareLicensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SoftwareLicensesMember_lbl" xml:lang="en-US" id="bap_SoftwareLicensesMember_lbl">This member stands for internally developed software for licensing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicensesMember" xlink:to="bap_SoftwareLicensesMember_lbl" xlink:title="label: SoftwareLicensesMember to bap_SoftwareLicensesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SoftwareLicensesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SoftwareLicensesMember_lbl1" xml:lang="en-US" id="bap_SoftwareLicensesMember_lbl1">Software Licenses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicensesMember" xlink:to="bap_SoftwareLicensesMember_lbl1" xlink:title="label: SoftwareLicensesMember to bap_SoftwareLicensesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SoftwareLicensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SoftwareLicensesMember" xml:lang="en-US" id="bap_SoftwareLicensesMember">Software Licenses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoftwareLicensesMember" xlink:to="bap_SoftwareLicensesMember" xlink:title="label: SoftwareLicensesMember to bap_SoftwareLicensesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CoreDepositsIntangibleAssetsMember" xlink:label="CoreDepositsIntangibleAssetsMember" xlink:title="CoreDepositsIntangibleAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CoreDepositsIntangibleAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CoreDepositsIntangibleAssetsMember_lbl" xml:lang="en-US" id="bap_CoreDepositsIntangibleAssetsMember_lbl">Entity's long-term relationships with depositors, commonly known as core deposit intangibles, which are separate from the financial instruments themselves.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoreDepositsIntangibleAssetsMember" xlink:to="bap_CoreDepositsIntangibleAssetsMember_lbl" xlink:title="label: CoreDepositsIntangibleAssetsMember to bap_CoreDepositsIntangibleAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CoreDepositsIntangibleAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CoreDepositsIntangibleAssetsMember_lbl1" xml:lang="en-US" id="bap_CoreDepositsIntangibleAssetsMember_lbl1">Core deposits, intangible assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoreDepositsIntangibleAssetsMember" xlink:to="bap_CoreDepositsIntangibleAssetsMember_lbl1" xlink:title="label: CoreDepositsIntangibleAssetsMember to bap_CoreDepositsIntangibleAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CoreDepositsIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CoreDepositsIntangibleAssetsMember" xml:lang="en-US" id="bap_CoreDepositsIntangibleAssetsMember">Core Deposits [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CoreDepositsIntangibleAssetsMember" xlink:to="bap_CoreDepositsIntangibleAssetsMember" xlink:title="label: CoreDepositsIntangibleAssetsMember to bap_CoreDepositsIntangibleAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EdyficarPeruMember" xlink:label="EdyficarPeruMember" xlink:title="EdyficarPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_EdyficarPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EdyficarPeruMember_lbl" xml:lang="en-US" id="bap_EdyficarPeruMember_lbl">This member stands for entity Edyficar Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EdyficarPeruMember" xlink:to="bap_EdyficarPeruMember_lbl" xlink:title="label: EdyficarPeruMember to bap_EdyficarPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EdyficarPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EdyficarPeruMember_lbl1" xml:lang="en-US" id="bap_EdyficarPeruMember_lbl1">Edyficar Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EdyficarPeruMember" xlink:to="bap_EdyficarPeruMember_lbl1" xlink:title="label: EdyficarPeruMember to bap_EdyficarPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EdyficarPeruMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EdyficarPeruMember" xml:lang="en-US" id="bap_EdyficarPeruMember">Edyficar Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EdyficarPeruMember" xlink:to="bap_EdyficarPeruMember" xlink:title="label: EdyficarPeruMember to bap_EdyficarPeruMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_INSURANCEANDUNDERWRITINGRESULTAbstract" xlink:label="INSURANCEANDUNDERWRITINGRESULTAbstract" xlink:title="INSURANCEANDUNDERWRITINGRESULTAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_INSURANCEANDUNDERWRITINGRESULTAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_INSURANCEANDUNDERWRITINGRESULTAbstract_lbl1" xml:lang="en-US" id="bap_INSURANCEANDUNDERWRITINGRESULTAbstract_lbl1">INSURANCE AND UNDERWRITING RESULT [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="INSURANCEANDUNDERWRITINGRESULTAbstract" xlink:to="bap_INSURANCEANDUNDERWRITINGRESULTAbstract_lbl1" xlink:title="label: INSURANCEANDUNDERWRITINGRESULTAbstract to bap_INSURANCEANDUNDERWRITINGRESULTAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:label="InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:title="InsuranceAndUnderwritingResultExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl" xml:lang="en-US" id="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl">The entire disclosure for insurance and underwriting result incurred explanatory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:to="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl" xlink:title="label: InsuranceAndUnderwritingResultExplanatoryTextBlock to bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl1" xml:lang="en-US" id="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl1">Insurance and underwriting result explanatory [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:to="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl1" xlink:title="label: InsuranceAndUnderwritingResultExplanatoryTextBlock to bap_InsuranceAndUnderwritingResultExplanatoryTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock" xml:lang="en-US" id="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock">INSURANCE AND UNDERWRITING RESULT</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:to="bap_InsuranceAndUnderwritingResultExplanatoryTextBlock" xlink:title="label: InsuranceAndUnderwritingResultExplanatoryTextBlock to bap_InsuranceAndUnderwritingResultExplanatoryTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TechnicalReserveAdjustmentMember" xlink:label="TechnicalReserveAdjustmentMember" xlink:title="TechnicalReserveAdjustmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalReserveAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TechnicalReserveAdjustmentMember_lbl" xml:lang="en-US" id="bap_TechnicalReserveAdjustmentMember_lbl">This member stands for the technical reserve adjustment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalReserveAdjustmentMember" xlink:to="bap_TechnicalReserveAdjustmentMember_lbl" xlink:title="label: TechnicalReserveAdjustmentMember to bap_TechnicalReserveAdjustmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalReserveAdjustmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TechnicalReserveAdjustmentMember_lbl1" xml:lang="en-US" id="bap_TechnicalReserveAdjustmentMember_lbl1">Technical reserve adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalReserveAdjustmentMember" xlink:to="bap_TechnicalReserveAdjustmentMember_lbl1" xlink:title="label: TechnicalReserveAdjustmentMember to bap_TechnicalReserveAdjustmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalReserveAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TechnicalReserveAdjustmentMember" xml:lang="en-US" id="bap_TechnicalReserveAdjustmentMember">Technical Reserve Adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalReserveAdjustmentMember" xlink:to="bap_TechnicalReserveAdjustmentMember" xlink:title="label: TechnicalReserveAdjustmentMember to bap_TechnicalReserveAdjustmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:label="GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:title="GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl" xml:lang="en-US" id="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl">This member stands for the gross amount arising from insurance contracts, net of technical reserve adjustment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:to="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl" xlink:title="label: GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember to bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl1" xml:lang="en-US" id="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl1">Gross amount arising from insurance contracts, net of technical reserve adjustment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:to="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl1" xlink:title="label: GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember to bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xml:lang="en-US" id="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember">Total Gross Written Premiums [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:to="bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" xlink:title="label: GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember to bap_GrossAmountArisingFromInsuranceContractsNetOfTechnicalReserveAdjustmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PremiumsEarnedAbstract" xlink:label="PremiumsEarnedAbstract" xlink:title="PremiumsEarnedAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsEarnedAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PremiumsEarnedAbstract_lbl1" xml:lang="en-US" id="bap_PremiumsEarnedAbstract_lbl1">Premiums earned [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsEarnedAbstract" xlink:to="bap_PremiumsEarnedAbstract_lbl1" xlink:title="label: PremiumsEarnedAbstract to bap_PremiumsEarnedAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsEarnedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PremiumsEarnedAbstract" xml:lang="en-US" id="bap_PremiumsEarnedAbstract">Composition of net premiums earned [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsEarnedAbstract" xlink:to="bap_PremiumsEarnedAbstract" xlink:title="label: PremiumsEarnedAbstract to bap_PremiumsEarnedAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HealthInsuranceContractsMember" xlink:label="HealthInsuranceContractsMember" xlink:title="HealthInsuranceContractsMember" />
    <link:label xlink:type="resource" xlink:label="bap_HealthInsuranceContractsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HealthInsuranceContractsMember_lbl" xml:lang="en-US" id="bap_HealthInsuranceContractsMember_lbl">This member stands for health insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthInsuranceContractsMember" xlink:to="bap_HealthInsuranceContractsMember_lbl" xlink:title="label: HealthInsuranceContractsMember to bap_HealthInsuranceContractsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HealthInsuranceContractsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HealthInsuranceContractsMember_lbl1" xml:lang="en-US" id="bap_HealthInsuranceContractsMember_lbl1">Health insurance contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthInsuranceContractsMember" xlink:to="bap_HealthInsuranceContractsMember_lbl1" xlink:title="label: HealthInsuranceContractsMember to bap_HealthInsuranceContractsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HealthInsuranceContractsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_HealthInsuranceContractsMember" xml:lang="en-US" id="bap_HealthInsuranceContractsMember">Health Insurance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HealthInsuranceContractsMember" xlink:to="bap_HealthInsuranceContractsMember" xlink:title="label: HealthInsuranceContractsMember to bap_HealthInsuranceContractsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LifeInsuranceContractsMember" xlink:label="LifeInsuranceContractsMember" xlink:title="LifeInsuranceContractsMember" />
    <link:label xlink:type="resource" xlink:label="bap_LifeInsuranceContractsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LifeInsuranceContractsMember_lbl" xml:lang="en-US" id="bap_LifeInsuranceContractsMember_lbl">This member stands for life insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceContractsMember" xlink:to="bap_LifeInsuranceContractsMember_lbl" xlink:title="label: LifeInsuranceContractsMember to bap_LifeInsuranceContractsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LifeInsuranceContractsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LifeInsuranceContractsMember_lbl1" xml:lang="en-US" id="bap_LifeInsuranceContractsMember_lbl1">Life insurance contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceContractsMember" xlink:to="bap_LifeInsuranceContractsMember_lbl1" xlink:title="label: LifeInsuranceContractsMember to bap_LifeInsuranceContractsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LifeInsuranceContractsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_LifeInsuranceContractsMember" xml:lang="en-US" id="bap_LifeInsuranceContractsMember">Life Insurance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LifeInsuranceContractsMember" xlink:to="bap_LifeInsuranceContractsMember" xlink:title="label: LifeInsuranceContractsMember to bap_LifeInsuranceContractsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GeneralInsuranceContractsMember" xlink:label="GeneralInsuranceContractsMember" xlink:title="GeneralInsuranceContractsMember" />
    <link:label xlink:type="resource" xlink:label="bap_GeneralInsuranceContractsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GeneralInsuranceContractsMember_lbl" xml:lang="en-US" id="bap_GeneralInsuranceContractsMember_lbl">This member stands for general insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralInsuranceContractsMember" xlink:to="bap_GeneralInsuranceContractsMember_lbl" xlink:title="label: GeneralInsuranceContractsMember to bap_GeneralInsuranceContractsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GeneralInsuranceContractsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GeneralInsuranceContractsMember_lbl1" xml:lang="en-US" id="bap_GeneralInsuranceContractsMember_lbl1">General insurance contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralInsuranceContractsMember" xlink:to="bap_GeneralInsuranceContractsMember_lbl1" xlink:title="label: GeneralInsuranceContractsMember to bap_GeneralInsuranceContractsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GeneralInsuranceContractsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GeneralInsuranceContractsMember" xml:lang="en-US" id="bap_GeneralInsuranceContractsMember">General Insurance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GeneralInsuranceContractsMember" xlink:to="bap_GeneralInsuranceContractsMember" xlink:title="label: GeneralInsuranceContractsMember to bap_GeneralInsuranceContractsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceContractPortfoliosAbstract" xlink:label="InsuranceContractPortfoliosAbstract" xlink:title="InsuranceContractPortfoliosAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractPortfoliosAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceContractPortfoliosAbstract_lbl1" xml:lang="en-US" id="bap_InsuranceContractPortfoliosAbstract_lbl1">Insurance contract portfolios [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractPortfoliosAbstract" xlink:to="bap_InsuranceContractPortfoliosAbstract_lbl1" xlink:title="label: InsuranceContractPortfoliosAbstract to bap_InsuranceContractPortfoliosAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractPortfoliosAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceContractPortfoliosAbstract" xml:lang="en-US" id="bap_InsuranceContractPortfoliosAbstract">Impact of transition approaches adopted to establish CSM for insurance contract portfolios [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractPortfoliosAbstract" xlink:to="bap_InsuranceContractPortfoliosAbstract" xlink:title="label: InsuranceContractPortfoliosAbstract to bap_InsuranceContractPortfoliosAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SustainableCapitalizationMember" xlink:label="SustainableCapitalizationMember" xlink:title="SustainableCapitalizationMember" />
    <link:label xlink:type="resource" xlink:label="bap_SustainableCapitalizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SustainableCapitalizationMember_lbl" xml:lang="en-US" id="bap_SustainableCapitalizationMember_lbl">This member stands for insurance contracts sustainable capitalization.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SustainableCapitalizationMember" xlink:to="bap_SustainableCapitalizationMember_lbl" xlink:title="label: SustainableCapitalizationMember to bap_SustainableCapitalizationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SustainableCapitalizationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SustainableCapitalizationMember_lbl1" xml:lang="en-US" id="bap_SustainableCapitalizationMember_lbl1">Sustainable capitalization [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SustainableCapitalizationMember" xlink:to="bap_SustainableCapitalizationMember_lbl1" xlink:title="label: SustainableCapitalizationMember to bap_SustainableCapitalizationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SustainableCapitalizationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SustainableCapitalizationMember" xml:lang="en-US" id="bap_SustainableCapitalizationMember">IL Sustainable Capitalization [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SustainableCapitalizationMember" xlink:to="bap_SustainableCapitalizationMember" xlink:title="label: SustainableCapitalizationMember to bap_SustainableCapitalizationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ControlledSolesMember" xlink:label="ControlledSolesMember" xlink:title="ControlledSolesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledSolesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ControlledSolesMember_lbl" xml:lang="en-US" id="bap_ControlledSolesMember_lbl">This member stands for insurance contracts controlled soles.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledSolesMember" xlink:to="bap_ControlledSolesMember_lbl" xlink:title="label: ControlledSolesMember to bap_ControlledSolesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledSolesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ControlledSolesMember_lbl1" xml:lang="en-US" id="bap_ControlledSolesMember_lbl1">Controlled soles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledSolesMember" xlink:to="bap_ControlledSolesMember_lbl1" xlink:title="label: ControlledSolesMember to bap_ControlledSolesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledSolesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ControlledSolesMember" xml:lang="en-US" id="bap_ControlledSolesMember">IL Controlled Soles [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledSolesMember" xlink:to="bap_ControlledSolesMember" xlink:title="label: ControlledSolesMember to bap_ControlledSolesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BalancedIIMember" xlink:label="BalancedIIMember" xlink:title="BalancedIIMember" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BalancedIIMember_lbl" xml:lang="en-US" id="bap_BalancedIIMember_lbl">This member stands for insurance contracts balanced II.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedIIMember" xlink:to="bap_BalancedIIMember_lbl" xlink:title="label: BalancedIIMember to bap_BalancedIIMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedIIMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BalancedIIMember_lbl1" xml:lang="en-US" id="bap_BalancedIIMember_lbl1">Balanced II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedIIMember" xlink:to="bap_BalancedIIMember_lbl1" xlink:title="label: BalancedIIMember to bap_BalancedIIMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BalancedIIMember" xml:lang="en-US" id="bap_BalancedIIMember">IL Balanced II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedIIMember" xlink:to="bap_BalancedIIMember" xlink:title="label: BalancedIIMember to bap_BalancedIIMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GlobalGrowthMember" xlink:label="GlobalGrowthMember" xlink:title="GlobalGrowthMember" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalGrowthMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GlobalGrowthMember_lbl" xml:lang="en-US" id="bap_GlobalGrowthMember_lbl">This member stands for insurance contracts global growth.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalGrowthMember" xlink:to="bap_GlobalGrowthMember_lbl" xlink:title="label: GlobalGrowthMember to bap_GlobalGrowthMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalGrowthMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GlobalGrowthMember_lbl1" xml:lang="en-US" id="bap_GlobalGrowthMember_lbl1">Global growth [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalGrowthMember" xlink:to="bap_GlobalGrowthMember_lbl1" xlink:title="label: GlobalGrowthMember to bap_GlobalGrowthMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalGrowthMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GlobalGrowthMember" xml:lang="en-US" id="bap_GlobalGrowthMember">IL Global Growth [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalGrowthMember" xlink:to="bap_GlobalGrowthMember" xlink:title="label: GlobalGrowthMember to bap_GlobalGrowthMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairValueOfUnderlyingAssetsAbstract" xlink:label="FairValueOfUnderlyingAssetsAbstract" xlink:title="FairValueOfUnderlyingAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfUnderlyingAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairValueOfUnderlyingAssetsAbstract_lbl1" xml:lang="en-US" id="bap_FairValueOfUnderlyingAssetsAbstract_lbl1">Fair value of underlying assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfUnderlyingAssetsAbstract" xlink:to="bap_FairValueOfUnderlyingAssetsAbstract_lbl1" xlink:title="label: FairValueOfUnderlyingAssetsAbstract to bap_FairValueOfUnderlyingAssetsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueOfUnderlyingAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FairValueOfUnderlyingAssetsAbstract" xml:lang="en-US" id="bap_FairValueOfUnderlyingAssetsAbstract">Fair value of underlying assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueOfUnderlyingAssetsAbstract" xlink:to="bap_FairValueOfUnderlyingAssetsAbstract" xlink:title="label: FairValueOfUnderlyingAssetsAbstract to bap_FairValueOfUnderlyingAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CapitalizedMember" xlink:label="CapitalizedMember" xlink:title="CapitalizedMember" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CapitalizedMember_lbl" xml:lang="en-US" id="bap_CapitalizedMember_lbl">This member stands for insurance contracts capitalized.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedMember" xlink:to="bap_CapitalizedMember_lbl" xlink:title="label: CapitalizedMember to bap_CapitalizedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CapitalizedMember_lbl1" xml:lang="en-US" id="bap_CapitalizedMember_lbl1">Capitalized [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedMember" xlink:to="bap_CapitalizedMember_lbl1" xlink:title="label: CapitalizedMember to bap_CapitalizedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CapitalizedMember" xml:lang="en-US" id="bap_CapitalizedMember">IL Capitalized [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedMember" xlink:to="bap_CapitalizedMember" xlink:title="label: CapitalizedMember to bap_CapitalizedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GlobalBalancedMember" xlink:label="GlobalBalancedMember" xlink:title="GlobalBalancedMember" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalBalancedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GlobalBalancedMember_lbl" xml:lang="en-US" id="bap_GlobalBalancedMember_lbl">This member stands for insurance contracts global balanced.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalBalancedMember" xlink:to="bap_GlobalBalancedMember_lbl" xlink:title="label: GlobalBalancedMember to bap_GlobalBalancedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalBalancedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GlobalBalancedMember_lbl1" xml:lang="en-US" id="bap_GlobalBalancedMember_lbl1">Global balanced [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalBalancedMember" xlink:to="bap_GlobalBalancedMember_lbl1" xlink:title="label: GlobalBalancedMember to bap_GlobalBalancedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GlobalBalancedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GlobalBalancedMember" xml:lang="en-US" id="bap_GlobalBalancedMember">IL Global Balanced [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GlobalBalancedMember" xlink:to="bap_GlobalBalancedMember" xlink:title="label: GlobalBalancedMember to bap_GlobalBalancedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BalancedMember" xlink:label="BalancedMember" xlink:title="BalancedMember" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BalancedMember_lbl" xml:lang="en-US" id="bap_BalancedMember_lbl">This member stands for insurance contracts balanced.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedMember" xlink:to="bap_BalancedMember_lbl" xlink:title="label: BalancedMember to bap_BalancedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BalancedMember_lbl1" xml:lang="en-US" id="bap_BalancedMember_lbl1">Balanced [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedMember" xlink:to="bap_BalancedMember_lbl1" xlink:title="label: BalancedMember to bap_BalancedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BalancedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BalancedMember" xml:lang="en-US" id="bap_BalancedMember">IL Balanced [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BalancedMember" xlink:to="bap_BalancedMember" xlink:title="label: BalancedMember to bap_BalancedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CapitalizedIIMember" xlink:label="CapitalizedIIMember" xlink:title="CapitalizedIIMember" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedIIMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CapitalizedIIMember_lbl" xml:lang="en-US" id="bap_CapitalizedIIMember_lbl">This member stands for insurance contracts capitalized II.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedIIMember" xlink:to="bap_CapitalizedIIMember_lbl" xlink:title="label: CapitalizedIIMember to bap_CapitalizedIIMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedIIMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CapitalizedIIMember_lbl1" xml:lang="en-US" id="bap_CapitalizedIIMember_lbl1">Capitalized II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedIIMember" xlink:to="bap_CapitalizedIIMember_lbl1" xlink:title="label: CapitalizedIIMember to bap_CapitalizedIIMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalizedIIMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CapitalizedIIMember" xml:lang="en-US" id="bap_CapitalizedIIMember">IL Capitalized II [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalizedIIMember" xlink:to="bap_CapitalizedIIMember" xlink:title="label: CapitalizedIIMember to bap_CapitalizedIIMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ControlledMember" xlink:label="ControlledMember" xlink:title="ControlledMember" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ControlledMember_lbl" xml:lang="en-US" id="bap_ControlledMember_lbl">This member stands for insurance contracts controlled.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledMember" xlink:to="bap_ControlledMember_lbl" xlink:title="label: ControlledMember to bap_ControlledMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ControlledMember_lbl1" xml:lang="en-US" id="bap_ControlledMember_lbl1">Controlled [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledMember" xlink:to="bap_ControlledMember_lbl1" xlink:title="label: ControlledMember to bap_ControlledMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ControlledMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ControlledMember" xml:lang="en-US" id="bap_ControlledMember">IL Controlled [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ControlledMember" xlink:to="bap_ControlledMember" xlink:title="label: ControlledMember to bap_ControlledMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContractualServiceMarginAbstract" xlink:label="ContractualServiceMarginAbstract" xlink:title="ContractualServiceMarginAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ContractualServiceMarginAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContractualServiceMarginAbstract_lbl1" xml:lang="en-US" id="bap_ContractualServiceMarginAbstract_lbl1">Contractual Service Margin [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginAbstract" xlink:to="bap_ContractualServiceMarginAbstract_lbl1" xlink:title="label: ContractualServiceMarginAbstract to bap_ContractualServiceMarginAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContractualServiceMarginAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContractualServiceMarginAbstract" xml:lang="en-US" id="bap_ContractualServiceMarginAbstract">Estimate of release of CSM considering reversals of loss component [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractualServiceMarginAbstract" xlink:to="bap_ContractualServiceMarginAbstract" xlink:title="label: ContractualServiceMarginAbstract to bap_ContractualServiceMarginAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContractsProvisionMember" xlink:label="ContractsProvisionMember" xlink:title="ContractsProvisionMember" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsProvisionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ContractsProvisionMember_lbl" xml:lang="en-US" id="bap_ContractsProvisionMember_lbl">This member stands for a provision for contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsProvisionMember" xlink:to="bap_ContractsProvisionMember_lbl" xlink:title="label: ContractsProvisionMember to bap_ContractsProvisionMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsProvisionMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContractsProvisionMember_lbl1" xml:lang="en-US" id="bap_ContractsProvisionMember_lbl1">Contracts provision [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsProvisionMember" xlink:to="bap_ContractsProvisionMember_lbl1" xlink:title="label: ContractsProvisionMember to bap_ContractsProvisionMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContractsProvisionMember" xml:lang="en-US" id="bap_ContractsProvisionMember">Total [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsProvisionMember" xlink:to="bap_ContractsProvisionMember" xlink:title="label: ContractsProvisionMember to bap_ContractsProvisionMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NonOnerousContractsProvisionMember" xlink:label="NonOnerousContractsProvisionMember" xlink:title="NonOnerousContractsProvisionMember" />
    <link:label xlink:type="resource" xlink:label="bap_NonOnerousContractsProvisionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NonOnerousContractsProvisionMember_lbl" xml:lang="en-US" id="bap_NonOnerousContractsProvisionMember_lbl">This member stands for a provision for non-onerous contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonOnerousContractsProvisionMember" xlink:to="bap_NonOnerousContractsProvisionMember_lbl" xlink:title="label: NonOnerousContractsProvisionMember to bap_NonOnerousContractsProvisionMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NonOnerousContractsProvisionMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NonOnerousContractsProvisionMember_lbl1" xml:lang="en-US" id="bap_NonOnerousContractsProvisionMember_lbl1">Non-onerous contracts provision [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonOnerousContractsProvisionMember" xlink:to="bap_NonOnerousContractsProvisionMember_lbl1" xlink:title="label: NonOnerousContractsProvisionMember to bap_NonOnerousContractsProvisionMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NonOnerousContractsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NonOnerousContractsProvisionMember" xml:lang="en-US" id="bap_NonOnerousContractsProvisionMember">Non-onerous contracts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NonOnerousContractsProvisionMember" xlink:to="bap_NonOnerousContractsProvisionMember" xlink:title="label: NonOnerousContractsProvisionMember to bap_NonOnerousContractsProvisionMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:label="ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:title="ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract_lbl1" xml:lang="en-US" id="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract_lbl1">Impact of new business for onerous and non-onerous contracts [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:to="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract_lbl1" xlink:title="label: ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract to bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xml:lang="en-US" id="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract">Impact of new business for onerous and non-onerous contracts [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:to="bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" xlink:title="label: ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract to bap_ImpactOfNewBusinessForOnerousAndNonOnerousContractsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:label="ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:title="ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract_lbl1" xml:lang="en-US" id="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract_lbl1">Claims incurred for life, general and health insurance contracts [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:to="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract_lbl1" xlink:title="label: ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract to bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xml:lang="en-US" id="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract">Claims incurred for life, general and health insurance contracts [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:to="bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" xlink:title="label: ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract to bap_ClaimsIncurredForLifeGeneralAndHealthInsuranceContractsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract" xlink:label="PremiumsCededToReinsurersAndCoinsurersNetAbstract" xlink:title="PremiumsCededToReinsurersAndCoinsurersNetAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract_lbl1" xml:lang="en-US" id="bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract_lbl1">Premiums ceded to reinsurers and coinsurers, net [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsCededToReinsurersAndCoinsurersNetAbstract" xlink:to="bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract_lbl1" xlink:title="label: PremiumsCededToReinsurersAndCoinsurersNetAbstract to bap_PremiumsCededToReinsurersAndCoinsurersNetAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PremiumsCededForAutomaticContracts" xlink:label="PremiumsCededForAutomaticContracts" xlink:title="PremiumsCededForAutomaticContracts" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsCededForAutomaticContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PremiumsCededForAutomaticContracts_lbl" xml:lang="en-US" id="bap_PremiumsCededForAutomaticContracts_lbl">Amount of premiums ceded for automatic contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsCededForAutomaticContracts" xlink:to="bap_PremiumsCededForAutomaticContracts_lbl" xlink:title="label: PremiumsCededForAutomaticContracts to bap_PremiumsCededForAutomaticContracts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsCededForAutomaticContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PremiumsCededForAutomaticContracts_lbl1" xml:lang="en-US" id="bap_PremiumsCededForAutomaticContracts_lbl1">Premiums ceded for automatic contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsCededForAutomaticContracts" xlink:to="bap_PremiumsCededForAutomaticContracts_lbl1" xlink:title="label: PremiumsCededForAutomaticContracts to bap_PremiumsCededForAutomaticContracts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsCededForAutomaticContracts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_PremiumsCededForAutomaticContracts" xml:lang="en-US" id="bap_PremiumsCededForAutomaticContracts">Premiums ceded for automatic contracts (mainly excess of loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsCededForAutomaticContracts" xlink:to="bap_PremiumsCededForAutomaticContracts" xlink:title="label: PremiumsCededForAutomaticContracts to bap_PremiumsCededForAutomaticContracts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:label="AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:title="AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" />
    <link:label xlink:type="resource" xlink:label="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl" xml:lang="en-US" id="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl">The increase in liabilities under insurance contracts and reinsurance contracts issued resulting from acquisitions through business combinations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:to="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl" xlink:title="label: AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts to bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl1" xml:lang="en-US" id="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl1">Acquisitions through business combinations, premiums ceded to reinsurers in facultative contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:to="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl1" xlink:title="label: AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts to bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xml:lang="en-US" id="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts">Premiums ceded for facultative contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:to="bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" xlink:title="label: AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts to bap_AcquisitionsThroughBusinessCombinationsPremiumsCededToReinsurersInFacultativeContracts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:label="IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:title="IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl">The increase (decrease) in the provision for unearned risk premiums.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:to="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl" xlink:title="label: IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded to bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl1">Increase (decrease) in reserve risk in progress of premiums ceded</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:to="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl1" xlink:title="label: IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded to bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xml:lang="en-US" id="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded">Annual variation of reserve risk in progress of premiums ceded</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:to="bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" xlink:title="label: IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded to bap_IncreaseDecreaseInReserveRiskInProgressOfPremiumsCeded" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:label="NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:title="NetEarnedPremiumsCededToReinsurersAndCoinsurers" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl" xml:lang="en-US" id="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl">The amount of premiums earned on insurance contracts net of reinsurance premiums, which have been ceded to reinsurers and coinsurers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:to="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl" xlink:title="label: NetEarnedPremiumsCededToReinsurersAndCoinsurers to bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl1" xml:lang="en-US" id="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl1">Net earned premiums ceded to reinsurers and coinsurers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:to="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl1" xlink:title="label: NetEarnedPremiumsCededToReinsurersAndCoinsurers to bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:title="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers" xml:lang="en-US" id="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers">Premiums ceded to reinsurers and coinsurers</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:to="bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers" xlink:title="label: NetEarnedPremiumsCededToReinsurersAndCoinsurers to bap_NetEarnedPremiumsCededToReinsurersAndCoinsurers" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrentSituationAbstract" xlink:label="CurrentSituationAbstract" xlink:title="CurrentSituationAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentSituationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrentSituationAbstract_lbl1" xml:lang="en-US" id="bap_CurrentSituationAbstract_lbl1">Current situation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentSituationAbstract" xlink:to="bap_CurrentSituationAbstract_lbl1" xlink:title="label: CurrentSituationAbstract to bap_CurrentSituationAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReschedulingOfLoans" xlink:label="ReschedulingOfLoans" xlink:title="ReschedulingOfLoans" />
    <link:label xlink:type="resource" xlink:label="bap_ReschedulingOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReschedulingOfLoans_lbl" xml:lang="en-US" id="bap_ReschedulingOfLoans_lbl">The amount of rescheduling of loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReschedulingOfLoans" xlink:to="bap_ReschedulingOfLoans_lbl" xlink:title="label: ReschedulingOfLoans to bap_ReschedulingOfLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReschedulingOfLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReschedulingOfLoans_lbl1" xml:lang="en-US" id="bap_ReschedulingOfLoans_lbl1">Rescheduling of loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReschedulingOfLoans" xlink:to="bap_ReschedulingOfLoans_lbl1" xlink:title="label: ReschedulingOfLoans to bap_ReschedulingOfLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReschedulingOfLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReschedulingOfLoans" xml:lang="en-US" id="bap_ReschedulingOfLoans">Rescheduling of loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReschedulingOfLoans" xlink:to="bap_ReschedulingOfLoans" xlink:title="label: ReschedulingOfLoans to bap_ReschedulingOfLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:label="PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:title="PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract_lbl1" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract_lbl1">Payables from repurchase agreements and security lending [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract_lbl1" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract">Payables from repurchase agreements and security lending [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:label="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:title="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl">It represents Payables on repurchase agreements and securities lending.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingsMember to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl1" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl1">Payables From Repurchase Agreements And Security Lendings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl1" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingsMember to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember">Payables from Repurchase Agreements and Securities Lending [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingsMember to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl2" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl2">Payables on Repurchase Agreements and Securities Lending [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl2" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecurityLendingsMember to bap_PayablesFromRepurchaseAgreementsAndSecurityLendingsMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesFiveMember" xlink:label="SeniorNotesFiveMember" xlink:title="SeniorNotesFiveMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesFiveMember_lbl" xml:lang="en-US" id="bap_SeniorNotesFiveMember_lbl">This member stands for senior notes five.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFiveMember" xlink:to="bap_SeniorNotesFiveMember_lbl" xlink:title="label: SeniorNotesFiveMember to bap_SeniorNotesFiveMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFiveMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesFiveMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesFiveMember_lbl1">Senior notes five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFiveMember" xlink:to="bap_SeniorNotesFiveMember_lbl1" xlink:title="label: SeniorNotesFiveMember to bap_SeniorNotesFiveMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesFiveMember" xml:lang="en-US" id="bap_SeniorNotesFiveMember">Senior Notes Five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFiveMember" xlink:to="bap_SeniorNotesFiveMember" xlink:title="label: SeniorNotesFiveMember to bap_SeniorNotesFiveMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:label="SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:title="SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl">This member stands for issuance of Series A subordinated bonds in first issuance of fourth issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl" xlink:title="label: SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl1">Subordinated bonds fourth Program first issuance series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl1" xlink:title="label: SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xml:lang="en-US" id="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember">Subordinated Bonds Fourth Program First Issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" xlink:title="label: SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFourthProgramFirstIssuanceSeriesAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBonds1Member" xlink:label="SubordinatedBonds1Member" xlink:title="SubordinatedBonds1Member" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBonds1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBonds1Member_lbl" xml:lang="en-US" id="bap_SubordinatedBonds1Member_lbl">This member stands for type of bonds associated with borrowings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBonds1Member" xlink:to="bap_SubordinatedBonds1Member_lbl" xlink:title="label: SubordinatedBonds1Member to bap_SubordinatedBonds1Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBonds1Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBonds1Member_lbl1" xml:lang="en-US" id="bap_SubordinatedBonds1Member_lbl1">Subordinated bonds 1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBonds1Member" xlink:to="bap_SubordinatedBonds1Member_lbl1" xlink:title="label: SubordinatedBonds1Member to bap_SubordinatedBonds1Member_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBonds1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBonds1Member" xml:lang="en-US" id="bap_SubordinatedBonds1Member">Subordinated Bonds One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBonds1Member" xlink:to="bap_SubordinatedBonds1Member" xlink:title="label: SubordinatedBonds1Member to bap_SubordinatedBonds1Member" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesThreeMember" xlink:label="SeniorNotesThreeMember" xlink:title="SeniorNotesThreeMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesThreeMember_lbl" xml:lang="en-US" id="bap_SeniorNotesThreeMember_lbl">This member stands for senior notes three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesThreeMember" xlink:to="bap_SeniorNotesThreeMember_lbl" xlink:title="label: SeniorNotesThreeMember to bap_SeniorNotesThreeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesThreeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesThreeMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesThreeMember_lbl1">Senior notes three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesThreeMember" xlink:to="bap_SeniorNotesThreeMember_lbl1" xlink:title="label: SeniorNotesThreeMember to bap_SeniorNotesThreeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesThreeMember" xml:lang="en-US" id="bap_SeniorNotesThreeMember">Senior Notes Three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesThreeMember" xlink:to="bap_SeniorNotesThreeMember" xlink:title="label: SeniorNotesThreeMember to bap_SeniorNotesThreeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:label="SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:title="SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl">This member stands for issuance of Series B subordinated bonds in first issuance of second issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl" xlink:title="label: SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl1">Subordinated bonds, second program, first issuance Series B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl1" xlink:title="label: SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember">Subordinated Bonds, Second Program, First Issuance Series B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" xlink:title="label: SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramFirstIssuanceSeriesBMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:label="SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:title="SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl">This member stands for issuance of Series A subordinated bonds in first issuance of first issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl1">Subordinated bonds, first program, first issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember">Subordinated Bonds, First Program, First Issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember to bap_SubordinatedBondsFirstProgramFirstIssuanceSeriesAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:label="SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:title="SubordinatedBondsThirdProgramThirdIssuanceMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl">This member stands for issuance of subordinated bonds in third issuance of third issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl" xlink:title="label: SubordinatedBondsThirdProgramThirdIssuanceMember to bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl1">Subordinated bonds, third program, third issuance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl1" xlink:title="label: SubordinatedBondsThirdProgramThirdIssuanceMember to bap_SubordinatedBondsThirdProgramThirdIssuanceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsThirdProgramThirdIssuanceMember" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramThirdIssuanceMember">Subordinated Bonds, Third program, Issuance III [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramThirdIssuanceMember" xlink:title="label: SubordinatedBondsThirdProgramThirdIssuanceMember to bap_SubordinatedBondsThirdProgramThirdIssuanceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesOneMember" xlink:label="SeniorNotesOneMember" xlink:title="SeniorNotesOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesOneMember_lbl" xml:lang="en-US" id="bap_SeniorNotesOneMember_lbl">This member stands for senior notes one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesOneMember" xlink:to="bap_SeniorNotesOneMember_lbl" xlink:title="label: SeniorNotesOneMember to bap_SeniorNotesOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesOneMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesOneMember_lbl1">Senior notes one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesOneMember" xlink:to="bap_SeniorNotesOneMember_lbl1" xlink:title="label: SeniorNotesOneMember to bap_SeniorNotesOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesOneMember" xml:lang="en-US" id="bap_SeniorNotesOneMember">Senior Notes One [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesOneMember" xlink:to="bap_SeniorNotesOneMember" xlink:title="label: SeniorNotesOneMember to bap_SeniorNotesOneMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesSixMember" xlink:label="SeniorNotesSixMember" xlink:title="SeniorNotesSixMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesSixMember_lbl" xml:lang="en-US" id="bap_SeniorNotesSixMember_lbl">This member stands for senior notes six.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSixMember" xlink:to="bap_SeniorNotesSixMember_lbl" xlink:title="label: SeniorNotesSixMember to bap_SeniorNotesSixMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSixMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesSixMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesSixMember_lbl1">Senior notes six [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSixMember" xlink:to="bap_SeniorNotesSixMember_lbl1" xlink:title="label: SeniorNotesSixMember to bap_SeniorNotesSixMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSixMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesSixMember" xml:lang="en-US" id="bap_SeniorNotesSixMember">Senior Notes Six [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSixMember" xlink:to="bap_SeniorNotesSixMember" xlink:title="label: SeniorNotesSixMember to bap_SeniorNotesSixMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:label="CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:title="CorporateBondsFirstProgramFirstIssuanceSeriesAMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xml:lang="en-US" id="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl">This member stands for issuance of Series A corporate bonds, in first issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl" xlink:title="label: CorporateBondsFirstProgramFirstIssuanceSeriesAMember to bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xml:lang="en-US" id="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl1">Corporate bonds, first program, first issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" xlink:title="label: CorporateBondsFirstProgramFirstIssuanceSeriesAMember to bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xml:lang="en-US" id="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember">Corporate Bonds, First Program, First Issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:to="bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember" xlink:title="label: CorporateBondsFirstProgramFirstIssuanceSeriesAMember to bap_CorporateBondsFirstProgramFirstIssuanceSeriesAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:label="SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:title="SubordinatedBondsThirdProgramFourthIssuanceMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl">This member stands for issuance of subordinated bonds in fourth issuance of third issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl" xlink:title="label: SubordinatedBondsThirdProgramFourthIssuanceMember to bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl1">Subordinated bonds, third program, fourth issuance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl1" xlink:title="label: SubordinatedBondsThirdProgramFourthIssuanceMember to bap_SubordinatedBondsThirdProgramFourthIssuanceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsThirdProgramFourthIssuanceMember" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFourthIssuanceMember">Subordinated Bonds, Third program, Issuance IV [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFourthIssuanceMember" xlink:title="label: SubordinatedBondsThirdProgramFourthIssuanceMember to bap_SubordinatedBondsThirdProgramFourthIssuanceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesTwoMember" xlink:label="SeniorNotesTwoMember" xlink:title="SeniorNotesTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesTwoMember_lbl" xml:lang="en-US" id="bap_SeniorNotesTwoMember_lbl">This member stands for senior notes two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesTwoMember" xlink:to="bap_SeniorNotesTwoMember_lbl" xlink:title="label: SeniorNotesTwoMember to bap_SeniorNotesTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesTwoMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesTwoMember_lbl1">Senior notes two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesTwoMember" xlink:to="bap_SeniorNotesTwoMember_lbl1" xlink:title="label: SeniorNotesTwoMember to bap_SeniorNotesTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesTwoMember" xml:lang="en-US" id="bap_SeniorNotesTwoMember">Senior Notes Two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesTwoMember" xlink:to="bap_SeniorNotesTwoMember" xlink:title="label: SeniorNotesTwoMember to bap_SeniorNotesTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesSevenMember" xlink:label="SeniorNotesSevenMember" xlink:title="SeniorNotesSevenMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSevenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesSevenMember_lbl" xml:lang="en-US" id="bap_SeniorNotesSevenMember_lbl">This member stands for senior notes seven.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSevenMember" xlink:to="bap_SeniorNotesSevenMember_lbl" xlink:title="label: SeniorNotesSevenMember to bap_SeniorNotesSevenMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSevenMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesSevenMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesSevenMember_lbl1">Senior Notes Seven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSevenMember" xlink:to="bap_SeniorNotesSevenMember_lbl1" xlink:title="label: SeniorNotesSevenMember to bap_SeniorNotesSevenMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesSevenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesSevenMember" xml:lang="en-US" id="bap_SeniorNotesSevenMember">Senior Notes Seven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesSevenMember" xlink:to="bap_SeniorNotesSevenMember" xlink:title="label: SeniorNotesSevenMember to bap_SeniorNotesSevenMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfLoansNetAbstract" xlink:label="DisclosureOfLoansNetAbstract" xlink:title="DisclosureOfLoansNetAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfLoansNetAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfLoansNetAbstract_lbl1">LOANS, NET [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetAbstract" xlink:to="bap_DisclosureOfLoansNetAbstract_lbl1" xlink:title="label: DisclosureOfLoansNetAbstract to bap_DisclosureOfLoansNetAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfLoansNetAbstract" xml:lang="en-US" id="bap_DisclosureOfLoansNetAbstract">Disclosure of detailed information about borrowings [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetAbstract" xlink:to="bap_DisclosureOfLoansNetAbstract" xlink:title="label: DisclosureOfLoansNetAbstract to bap_DisclosureOfLoansNetAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BorrowingsInterestPaymentBasis" xlink:label="BorrowingsInterestPaymentBasis" xlink:title="BorrowingsInterestPaymentBasis" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsInterestPaymentBasis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BorrowingsInterestPaymentBasis_lbl" xml:lang="en-US" id="bap_BorrowingsInterestPaymentBasis_lbl">The description of the basis and the frequency of interest payment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestPaymentBasis" xlink:to="bap_BorrowingsInterestPaymentBasis_lbl" xlink:title="label: BorrowingsInterestPaymentBasis to bap_BorrowingsInterestPaymentBasis_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsInterestPaymentBasis_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BorrowingsInterestPaymentBasis_lbl1" xml:lang="en-US" id="bap_BorrowingsInterestPaymentBasis_lbl1">Borrowings Interest Payment Basis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestPaymentBasis" xlink:to="bap_BorrowingsInterestPaymentBasis_lbl1" xlink:title="label: BorrowingsInterestPaymentBasis to bap_BorrowingsInterestPaymentBasis_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BorrowingsInterestPaymentBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BorrowingsInterestPaymentBasis" xml:lang="en-US" id="bap_BorrowingsInterestPaymentBasis">Interest payment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BorrowingsInterestPaymentBasis" xlink:to="bap_BorrowingsInterestPaymentBasis" xlink:title="label: BorrowingsInterestPaymentBasis to bap_BorrowingsInterestPaymentBasis" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporateBondsAndSeniorNotesMember" xlink:label="CorporateBondsAndSeniorNotesMember" xlink:title="CorporateBondsAndSeniorNotesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsAndSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporateBondsAndSeniorNotesMember_lbl" xml:lang="en-US" id="bap_CorporateBondsAndSeniorNotesMember_lbl">This member stands for corporate bonds and senior notes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsAndSeniorNotesMember" xlink:to="bap_CorporateBondsAndSeniorNotesMember_lbl" xlink:title="label: CorporateBondsAndSeniorNotesMember to bap_CorporateBondsAndSeniorNotesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsAndSeniorNotesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporateBondsAndSeniorNotesMember_lbl1" xml:lang="en-US" id="bap_CorporateBondsAndSeniorNotesMember_lbl1">Corporate bonds and senior notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsAndSeniorNotesMember" xlink:to="bap_CorporateBondsAndSeniorNotesMember_lbl1" xlink:title="label: CorporateBondsAndSeniorNotesMember to bap_CorporateBondsAndSeniorNotesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporateBondsAndSeniorNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporateBondsAndSeniorNotesMember" xml:lang="en-US" id="bap_CorporateBondsAndSeniorNotesMember">Corporate Bonds and Senior Notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporateBondsAndSeniorNotesMember" xlink:to="bap_CorporateBondsAndSeniorNotesMember" xlink:title="label: CorporateBondsAndSeniorNotesMember to bap_CorporateBondsAndSeniorNotesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorNotesFourMember" xlink:label="SeniorNotesFourMember" xlink:title="SeniorNotesFourMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorNotesFourMember_lbl" xml:lang="en-US" id="bap_SeniorNotesFourMember_lbl">This member stands for senior notes four.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFourMember" xlink:to="bap_SeniorNotesFourMember_lbl" xlink:title="label: SeniorNotesFourMember to bap_SeniorNotesFourMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFourMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorNotesFourMember_lbl1" xml:lang="en-US" id="bap_SeniorNotesFourMember_lbl1">Senior notes four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFourMember" xlink:to="bap_SeniorNotesFourMember_lbl1" xlink:title="label: SeniorNotesFourMember to bap_SeniorNotesFourMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorNotesFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorNotesFourMember" xml:lang="en-US" id="bap_SeniorNotesFourMember">Senior Notes Four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorNotesFourMember" xlink:to="bap_SeniorNotesFourMember" xlink:title="label: SeniorNotesFourMember to bap_SeniorNotesFourMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:label="SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:title="SubordinatedBondsThirdProgramFirstIssuanceMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl">This member stands for issuance of subordinated bonds in first issuance of third issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl" xlink:title="label: SubordinatedBondsThirdProgramFirstIssuanceMember to bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl1">Subordinated bonds, third program, first issuance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl1" xlink:title="label: SubordinatedBondsThirdProgramFirstIssuanceMember to bap_SubordinatedBondsThirdProgramFirstIssuanceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsThirdProgramFirstIssuanceMember" xml:lang="en-US" id="bap_SubordinatedBondsThirdProgramFirstIssuanceMember">Subordinated Bonds, Third program, Issuance I [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsThirdProgramFirstIssuanceMember" xlink:title="label: SubordinatedBondsThirdProgramFirstIssuanceMember to bap_SubordinatedBondsThirdProgramFirstIssuanceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:label="SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:title="SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl">This member stands for issuance of Series B subordinated bonds in first issuance of second issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl1">Subordinated bonds, second program, second issuance Series B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl1" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember">Subordinated Bonds, Second Program, Second Issuance Series B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesBMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:label="SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:title="SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl">This member stands for issuance of Series A subordinated bonds in second issuance of second issuance program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl1">Subordinated bonds, second program, second issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl1" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xml:lang="en-US" id="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember">Subordinated Bonds, Second Program, Second Issuance Series A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:to="bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" xlink:title="label: SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember to bap_SubordinatedBondsSecondProgramSecondIssuanceSeriesAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CertificatesOfPaymentOnWorkProgressMember" xlink:label="CertificatesOfPaymentOnWorkProgressMember" xlink:title="CertificatesOfPaymentOnWorkProgressMember" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfPaymentOnWorkProgressMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CertificatesOfPaymentOnWorkProgressMember_lbl" xml:lang="en-US" id="bap_CertificatesOfPaymentOnWorkProgressMember_lbl">This member stands for certificates of payment on work progress.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfPaymentOnWorkProgressMember" xlink:to="bap_CertificatesOfPaymentOnWorkProgressMember_lbl" xlink:title="label: CertificatesOfPaymentOnWorkProgressMember to bap_CertificatesOfPaymentOnWorkProgressMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfPaymentOnWorkProgressMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CertificatesOfPaymentOnWorkProgressMember_lbl1" xml:lang="en-US" id="bap_CertificatesOfPaymentOnWorkProgressMember_lbl1">Certificates of payment on work progress [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfPaymentOnWorkProgressMember" xlink:to="bap_CertificatesOfPaymentOnWorkProgressMember_lbl1" xlink:title="label: CertificatesOfPaymentOnWorkProgressMember to bap_CertificatesOfPaymentOnWorkProgressMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CertificatesOfPaymentOnWorkProgressMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CertificatesOfPaymentOnWorkProgressMember" xml:lang="en-US" id="bap_CertificatesOfPaymentOnWorkProgressMember">Certificates of Payment on Work Progress [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CertificatesOfPaymentOnWorkProgressMember" xlink:to="bap_CertificatesOfPaymentOnWorkProgressMember" xlink:title="label: CertificatesOfPaymentOnWorkProgressMember to bap_CertificatesOfPaymentOnWorkProgressMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherGovernmentBondsMember" xlink:label="OtherGovernmentBondsMember" xlink:title="OtherGovernmentBondsMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherGovernmentBondsMember_lbl" xml:lang="en-US" id="bap_OtherGovernmentBondsMember_lbl">This member stands for other government bonds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGovernmentBondsMember" xlink:to="bap_OtherGovernmentBondsMember_lbl" xlink:title="label: OtherGovernmentBondsMember to bap_OtherGovernmentBondsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherGovernmentBondsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherGovernmentBondsMember_lbl1" xml:lang="en-US" id="bap_OtherGovernmentBondsMember_lbl1">Other government bonds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGovernmentBondsMember" xlink:to="bap_OtherGovernmentBondsMember_lbl1" xlink:title="label: OtherGovernmentBondsMember to bap_OtherGovernmentBondsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CarryingAmountAbstract" xlink:label="CarryingAmountAbstract" xlink:title="CarryingAmountAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CarryingAmountAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CarryingAmountAbstract_lbl1" xml:lang="en-US" id="bap_CarryingAmountAbstract_lbl1">Carrying amount [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAbstract" xlink:to="bap_CarryingAmountAbstract_lbl1" xlink:title="label: CarryingAmountAbstract to bap_CarryingAmountAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CarryingAmountAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CarryingAmountAbstract" xml:lang="en-US" id="bap_CarryingAmountAbstract">Carrying amount [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CarryingAmountAbstract" xlink:to="bap_CarryingAmountAbstract" xlink:title="label: CarryingAmountAbstract to bap_CarryingAmountAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsHeldToMaturityAccruedInterest" xlink:label="FinancialAssetsHeldToMaturityAccruedInterest" xlink:title="FinancialAssetsHeldToMaturityAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl">The amount interest accrued on carrying amount of financial assets held to maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl" xlink:title="label: FinancialAssetsHeldToMaturityAccruedInterest to bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl1">Financial assets held to maturity, accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl1" xlink:title="label: FinancialAssetsHeldToMaturityAccruedInterest to bap_FinancialAssetsHeldToMaturityAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsHeldToMaturityAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAccruedInterest">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAccruedInterest" xlink:title="label: FinancialAssetsHeldToMaturityAccruedInterest to bap_FinancialAssetsHeldToMaturityAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:label="FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:title="FinancialAssetsHeldToMaturityBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl">The amount of financial assets held to maturity before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl" xlink:title="label: FinancialAssetsHeldToMaturityBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl1">Financial assets held to maturity before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl1" xlink:title="label: FinancialAssetsHeldToMaturityBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest">Investments before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest" xlink:title="label: FinancialAssetsHeldToMaturityBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairValueAbstract" xlink:label="FairValueAbstract" xlink:title="FairValueAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairValueAbstract_lbl1" xml:lang="en-US" id="bap_FairValueAbstract_lbl1">Fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueAbstract" xlink:to="bap_FairValueAbstract_lbl1" xlink:title="label: FairValueAbstract to bap_FairValueAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:label="TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:title="TotalFinancialAssetsHeldToMaturityAtFairValue" />
    <link:label xlink:type="resource" xlink:label="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl" xml:lang="en-US" id="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl">The total amount of financial assets held to maturity at fair value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:to="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl" xlink:title="label: TotalFinancialAssetsHeldToMaturityAtFairValue to bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl1" xml:lang="en-US" id="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl1">Total financial assets held to maturity at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:to="bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl1" xlink:title="label: TotalFinancialAssetsHeldToMaturityAtFairValue to bap_TotalFinancialAssetsHeldToMaturityAtFairValue_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_TotalFinancialAssetsHeldToMaturityAtFairValue" xml:lang="en-US" id="bap_TotalFinancialAssetsHeldToMaturityAtFairValue">Total investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:to="bap_TotalFinancialAssetsHeldToMaturityAtFairValue" xlink:title="label: TotalFinancialAssetsHeldToMaturityAtFairValue to bap_TotalFinancialAssetsHeldToMaturityAtFairValue" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:label="FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:title="FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl">The amount interest accrued on fair value amount of financial assets held to maturity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl1">Financial assets held to maturity at fair value, accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl1" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:label="FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:title="FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl">The amount of financial assets held to maturity at fair value before accrued interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl1" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl1">Financial assets held to maturity at fair value before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl1" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xml:lang="en-US" id="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest">Investments before accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:to="bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" xlink:title="label: FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest to bap_FinancialAssetsHeldToMaturityAtFairValueBeforeAccruedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsAmortizedCostsAbstract" xlink:label="InvestmentsAmortizedCostsAbstract" xlink:title="InvestmentsAmortizedCostsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAmortizedCostsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsAmortizedCostsAbstract_lbl1" xml:lang="en-US" id="bap_InvestmentsAmortizedCostsAbstract_lbl1">Investments amortized costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAmortizedCostsAbstract" xlink:to="bap_InvestmentsAmortizedCostsAbstract_lbl1" xlink:title="label: InvestmentsAmortizedCostsAbstract to bap_InvestmentsAmortizedCostsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAmortizedCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsAmortizedCostsAbstract" xml:lang="en-US" id="bap_InvestmentsAmortizedCostsAbstract">Investments amortized costs [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAmortizedCostsAbstract" xlink:to="bap_InvestmentsAmortizedCostsAbstract" xlink:title="label: InvestmentsAmortizedCostsAbstract to bap_InvestmentsAmortizedCostsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExpectedLossOnInvestments" xlink:label="ExpectedLossOnInvestments" xlink:title="ExpectedLossOnInvestments" />
    <link:label xlink:type="resource" xlink:label="bap_ExpectedLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExpectedLossOnInvestments_lbl" xml:lang="en-US" id="bap_ExpectedLossOnInvestments_lbl">Amount of realized and unrealized gain (loss) on investment.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedLossOnInvestments" xlink:to="bap_ExpectedLossOnInvestments_lbl" xlink:title="label: ExpectedLossOnInvestments to bap_ExpectedLossOnInvestments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExpectedLossOnInvestments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExpectedLossOnInvestments_lbl1" xml:lang="en-US" id="bap_ExpectedLossOnInvestments_lbl1">Expected loss on investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedLossOnInvestments" xlink:to="bap_ExpectedLossOnInvestments_lbl1" xlink:title="label: ExpectedLossOnInvestments to bap_ExpectedLossOnInvestments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExpectedLossOnInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_ExpectedLossOnInvestments" xml:lang="en-US" id="bap_ExpectedLossOnInvestments">Expected loss on investments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExpectedLossOnInvestments" xlink:to="bap_ExpectedLossOnInvestments" xlink:title="label: ExpectedLossOnInvestments to bap_ExpectedLossOnInvestments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:label="GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:title="GrossWrittenPremiumsByInsuranceTypeAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_GrossWrittenPremiumsByInsuranceTypeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossWrittenPremiumsByInsuranceTypeAbstract_lbl1" xml:lang="en-US" id="bap_GrossWrittenPremiumsByInsuranceTypeAbstract_lbl1">Gross written premiums by insurance type [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:to="bap_GrossWrittenPremiumsByInsuranceTypeAbstract_lbl1" xlink:title="label: GrossWrittenPremiumsByInsuranceTypeAbstract to bap_GrossWrittenPremiumsByInsuranceTypeAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrossWrittenPremiumsByInsuranceTypeAbstract" xml:lang="en-US" id="bap_GrossWrittenPremiumsByInsuranceTypeAbstract">Gross written premiums by insurance type [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:to="bap_GrossWrittenPremiumsByInsuranceTypeAbstract" xlink:title="label: GrossWrittenPremiumsByInsuranceTypeAbstract to bap_GrossWrittenPremiumsByInsuranceTypeAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfGrossWrittenPremium" xlink:label="PercentageOfGrossWrittenPremium" xlink:title="PercentageOfGrossWrittenPremium" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfGrossWrittenPremium_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfGrossWrittenPremium_lbl" xml:lang="en-US" id="bap_PercentageOfGrossWrittenPremium_lbl">The percentage of insurance type in gross written premium.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfGrossWrittenPremium" xlink:to="bap_PercentageOfGrossWrittenPremium_lbl" xlink:title="label: PercentageOfGrossWrittenPremium to bap_PercentageOfGrossWrittenPremium_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfGrossWrittenPremium_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfGrossWrittenPremium_lbl1" xml:lang="en-US" id="bap_PercentageOfGrossWrittenPremium_lbl1">Percentage of gross written premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfGrossWrittenPremium" xlink:to="bap_PercentageOfGrossWrittenPremium_lbl1" xlink:title="label: PercentageOfGrossWrittenPremium to bap_PercentageOfGrossWrittenPremium_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfGrossWrittenPremium" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfGrossWrittenPremium" xml:lang="en-US" id="bap_PercentageOfGrossWrittenPremium">Percentage of gross written premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfGrossWrittenPremium" xlink:to="bap_PercentageOfGrossWrittenPremium" xlink:title="label: PercentageOfGrossWrittenPremium to bap_PercentageOfGrossWrittenPremium" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:label="BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:title="BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl" xml:lang="en-US" id="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl">The percentage of breakdown of life insurance gross written premium.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl" xlink:title="label: BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl1" xml:lang="en-US" id="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl1">Breakdown of life insurance gross written premium, percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl1" xlink:title="label: BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xml:lang="en-US" id="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage">Percentage of breakdown of life insurance gross written premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" xlink:title="label: BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfLifeInsuranceGrossWrittenPremiumPercentage" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:label="BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:title="BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl" xml:lang="en-US" id="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl">The percentage of breakdown of general insurance gross written premium.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl" xlink:title="label: BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl1" xml:lang="en-US" id="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl1">Breakdown of general insurance gross written premium, percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl1" xlink:title="label: BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xml:lang="en-US" id="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage">Percentage rate of breakdown of general insurance gross written premium</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:to="bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" xlink:title="label: BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage to bap_BreakdownOfGeneralInsuranceGrossWrittenPremiumPercentage" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ThirdPartyLiabilityInsuranceServicesMember" xlink:label="ThirdPartyLiabilityInsuranceServicesMember" xlink:title="ThirdPartyLiabilityInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl">this member represents third party liability insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartyLiabilityInsuranceServicesMember" xlink:to="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl" xlink:title="label: ThirdPartyLiabilityInsuranceServicesMember to bap_ThirdPartyLiabilityInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl1">Third party liability insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartyLiabilityInsuranceServicesMember" xlink:to="bap_ThirdPartyLiabilityInsuranceServicesMember_lbl1" xlink:title="label: ThirdPartyLiabilityInsuranceServicesMember to bap_ThirdPartyLiabilityInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ThirdPartyLiabilityInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ThirdPartyLiabilityInsuranceServicesMember" xml:lang="en-US" id="bap_ThirdPartyLiabilityInsuranceServicesMember">Third Party Liability [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThirdPartyLiabilityInsuranceServicesMember" xlink:to="bap_ThirdPartyLiabilityInsuranceServicesMember" xlink:title="label: ThirdPartyLiabilityInsuranceServicesMember to bap_ThirdPartyLiabilityInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AutomobileInsuranceServicesMember" xlink:label="AutomobileInsuranceServicesMember" xlink:title="AutomobileInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AutomobileInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AutomobileInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_AutomobileInsuranceServicesMember_lbl">This member represents automobile insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomobileInsuranceServicesMember" xlink:to="bap_AutomobileInsuranceServicesMember_lbl" xlink:title="label: AutomobileInsuranceServicesMember to bap_AutomobileInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AutomobileInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AutomobileInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_AutomobileInsuranceServicesMember_lbl1">Automobile insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomobileInsuranceServicesMember" xlink:to="bap_AutomobileInsuranceServicesMember_lbl1" xlink:title="label: AutomobileInsuranceServicesMember to bap_AutomobileInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AutomobileInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AutomobileInsuranceServicesMember" xml:lang="en-US" id="bap_AutomobileInsuranceServicesMember">Automobile [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AutomobileInsuranceServicesMember" xlink:to="bap_AutomobileInsuranceServicesMember" xlink:title="label: AutomobileInsuranceServicesMember to bap_AutomobileInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CreditLifeInsuranceServicesMember" xlink:label="CreditLifeInsuranceServicesMember" xlink:title="CreditLifeInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLifeInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CreditLifeInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_CreditLifeInsuranceServicesMember_lbl">This member stands for credit life insurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLifeInsuranceServicesMember" xlink:to="bap_CreditLifeInsuranceServicesMember_lbl" xlink:title="label: CreditLifeInsuranceServicesMember to bap_CreditLifeInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLifeInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CreditLifeInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_CreditLifeInsuranceServicesMember_lbl1">Credit life insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLifeInsuranceServicesMember" xlink:to="bap_CreditLifeInsuranceServicesMember_lbl1" xlink:title="label: CreditLifeInsuranceServicesMember to bap_CreditLifeInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLifeInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CreditLifeInsuranceServicesMember" xml:lang="en-US" id="bap_CreditLifeInsuranceServicesMember">Credit Life [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLifeInsuranceServicesMember" xlink:to="bap_CreditLifeInsuranceServicesMember" xlink:title="label: CreditLifeInsuranceServicesMember to bap_CreditLifeInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GroupLifeInsuranceServicesMember" xlink:label="GroupLifeInsuranceServicesMember" xlink:title="GroupLifeInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_GroupLifeInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GroupLifeInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_GroupLifeInsuranceServicesMember_lbl">This member stands for group life insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GroupLifeInsuranceServicesMember" xlink:to="bap_GroupLifeInsuranceServicesMember_lbl" xlink:title="label: GroupLifeInsuranceServicesMember to bap_GroupLifeInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GroupLifeInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GroupLifeInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_GroupLifeInsuranceServicesMember_lbl1">Group life insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GroupLifeInsuranceServicesMember" xlink:to="bap_GroupLifeInsuranceServicesMember_lbl1" xlink:title="label: GroupLifeInsuranceServicesMember to bap_GroupLifeInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GroupLifeInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GroupLifeInsuranceServicesMember" xml:lang="en-US" id="bap_GroupLifeInsuranceServicesMember">Group Life [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GroupLifeInsuranceServicesMember" xlink:to="bap_GroupLifeInsuranceServicesMember" xlink:title="label: GroupLifeInsuranceServicesMember to bap_GroupLifeInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MarineHullInsuranceServicesMember" xlink:label="MarineHullInsuranceServicesMember" xlink:title="MarineHullInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_MarineHullInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MarineHullInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_MarineHullInsuranceServicesMember_lbl">The member represents the marine hull insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarineHullInsuranceServicesMember" xlink:to="bap_MarineHullInsuranceServicesMember_lbl" xlink:title="label: MarineHullInsuranceServicesMember to bap_MarineHullInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MarineHullInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MarineHullInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_MarineHullInsuranceServicesMember_lbl1">Marine hull insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarineHullInsuranceServicesMember" xlink:to="bap_MarineHullInsuranceServicesMember_lbl1" xlink:title="label: MarineHullInsuranceServicesMember to bap_MarineHullInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MarineHullInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MarineHullInsuranceServicesMember" xml:lang="en-US" id="bap_MarineHullInsuranceServicesMember">Marine Hull [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarineHullInsuranceServicesMember" xlink:to="bap_MarineHullInsuranceServicesMember" xlink:title="label: MarineHullInsuranceServicesMember to bap_MarineHullInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:label="SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:title="SoatMandatoryAutomobileLineInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl">The member represents mandatory automobile line insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:to="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl" xlink:title="label: SoatMandatoryAutomobileLineInsuranceServicesMember to bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl1">Soat (mandatory automobile line) insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:to="bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl1" xlink:title="label: SoatMandatoryAutomobileLineInsuranceServicesMember to bap_SoatMandatoryAutomobileLineInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SoatMandatoryAutomobileLineInsuranceServicesMember" xml:lang="en-US" id="bap_SoatMandatoryAutomobileLineInsuranceServicesMember">SOAT (Mandatory Automobile Line) [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:to="bap_SoatMandatoryAutomobileLineInsuranceServicesMember" xlink:title="label: SoatMandatoryAutomobileLineInsuranceServicesMember to bap_SoatMandatoryAutomobileLineInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IndividualLifeInsuranceServicesMember" xlink:label="IndividualLifeInsuranceServicesMember" xlink:title="IndividualLifeInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_IndividualLifeInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IndividualLifeInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_IndividualLifeInsuranceServicesMember_lbl">This member stands for individual life insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndividualLifeInsuranceServicesMember" xlink:to="bap_IndividualLifeInsuranceServicesMember_lbl" xlink:title="label: IndividualLifeInsuranceServicesMember to bap_IndividualLifeInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IndividualLifeInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IndividualLifeInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_IndividualLifeInsuranceServicesMember_lbl1">Individual life insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndividualLifeInsuranceServicesMember" xlink:to="bap_IndividualLifeInsuranceServicesMember_lbl1" xlink:title="label: IndividualLifeInsuranceServicesMember to bap_IndividualLifeInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IndividualLifeInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IndividualLifeInsuranceServicesMember" xml:lang="en-US" id="bap_IndividualLifeInsuranceServicesMember">Individual Life [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndividualLifeInsuranceServicesMember" xlink:to="bap_IndividualLifeInsuranceServicesMember" xlink:title="label: IndividualLifeInsuranceServicesMember to bap_IndividualLifeInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AviationInsuranceServicesMember" xlink:label="AviationInsuranceServicesMember" xlink:title="AviationInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AviationInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AviationInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_AviationInsuranceServicesMember_lbl">The member represents aviation insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AviationInsuranceServicesMember" xlink:to="bap_AviationInsuranceServicesMember_lbl" xlink:title="label: AviationInsuranceServicesMember to bap_AviationInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AviationInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AviationInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_AviationInsuranceServicesMember_lbl1">Aviation insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AviationInsuranceServicesMember" xlink:to="bap_AviationInsuranceServicesMember_lbl1" xlink:title="label: AviationInsuranceServicesMember to bap_AviationInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AviationInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AviationInsuranceServicesMember" xml:lang="en-US" id="bap_AviationInsuranceServicesMember">Aviation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AviationInsuranceServicesMember" xlink:to="bap_AviationInsuranceServicesMember" xlink:title="label: AviationInsuranceServicesMember to bap_AviationInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherInsuranceServicesMember" xlink:label="OtherInsuranceServicesMember" xlink:title="OtherInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_OtherInsuranceServicesMember_lbl">The member represents other insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInsuranceServicesMember" xlink:to="bap_OtherInsuranceServicesMember_lbl" xlink:title="label: OtherInsuranceServicesMember to bap_OtherInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_OtherInsuranceServicesMember_lbl1">Other insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInsuranceServicesMember" xlink:to="bap_OtherInsuranceServicesMember_lbl1" xlink:title="label: OtherInsuranceServicesMember to bap_OtherInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherInsuranceServicesMember" xml:lang="en-US" id="bap_OtherInsuranceServicesMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInsuranceServicesMember" xlink:to="bap_OtherInsuranceServicesMember" xlink:title="label: OtherInsuranceServicesMember to bap_OtherInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TransportInsuranceServicesMember" xlink:label="TransportInsuranceServicesMember" xlink:title="TransportInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_TransportInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TransportInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_TransportInsuranceServicesMember_lbl">This member represents transport insurance service.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportInsuranceServicesMember" xlink:to="bap_TransportInsuranceServicesMember_lbl" xlink:title="label: TransportInsuranceServicesMember to bap_TransportInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TransportInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TransportInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_TransportInsuranceServicesMember_lbl1">Transport insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportInsuranceServicesMember" xlink:to="bap_TransportInsuranceServicesMember_lbl1" xlink:title="label: TransportInsuranceServicesMember to bap_TransportInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TransportInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TransportInsuranceServicesMember" xml:lang="en-US" id="bap_TransportInsuranceServicesMember">Transport [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransportInsuranceServicesMember" xlink:to="bap_TransportInsuranceServicesMember" xlink:title="label: TransportInsuranceServicesMember to bap_TransportInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisabilityAndSurvivalInsuranceServicesMember" xlink:label="DisabilityAndSurvivalInsuranceServicesMember" xlink:title="DisabilityAndSurvivalInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl">This member stands for disability and survival insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisabilityAndSurvivalInsuranceServicesMember" xlink:to="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl" xlink:title="label: DisabilityAndSurvivalInsuranceServicesMember to bap_DisabilityAndSurvivalInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl1">Disability and survival insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisabilityAndSurvivalInsuranceServicesMember" xlink:to="bap_DisabilityAndSurvivalInsuranceServicesMember_lbl1" xlink:title="label: DisabilityAndSurvivalInsuranceServicesMember to bap_DisabilityAndSurvivalInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisabilityAndSurvivalInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisabilityAndSurvivalInsuranceServicesMember" xml:lang="en-US" id="bap_DisabilityAndSurvivalInsuranceServicesMember">Disability And Survival [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisabilityAndSurvivalInsuranceServicesMember" xlink:to="bap_DisabilityAndSurvivalInsuranceServicesMember" xlink:title="label: DisabilityAndSurvivalInsuranceServicesMember to bap_DisabilityAndSurvivalInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TheftAndRobberyInsuranceServicesMember" xlink:label="TheftAndRobberyInsuranceServicesMember" xlink:title="TheftAndRobberyInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_TheftAndRobberyInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TheftAndRobberyInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_TheftAndRobberyInsuranceServicesMember_lbl">This member represents theft and robbery insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TheftAndRobberyInsuranceServicesMember" xlink:to="bap_TheftAndRobberyInsuranceServicesMember_lbl" xlink:title="label: TheftAndRobberyInsuranceServicesMember to bap_TheftAndRobberyInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TheftAndRobberyInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TheftAndRobberyInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_TheftAndRobberyInsuranceServicesMember_lbl1">Theft and robbery insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TheftAndRobberyInsuranceServicesMember" xlink:to="bap_TheftAndRobberyInsuranceServicesMember_lbl1" xlink:title="label: TheftAndRobberyInsuranceServicesMember to bap_TheftAndRobberyInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TheftAndRobberyInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TheftAndRobberyInsuranceServicesMember" xml:lang="en-US" id="bap_TheftAndRobberyInsuranceServicesMember">Theft and Robbery [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TheftAndRobberyInsuranceServicesMember" xlink:to="bap_TheftAndRobberyInsuranceServicesMember" xlink:title="label: TheftAndRobberyInsuranceServicesMember to bap_TheftAndRobberyInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FireAndAlliedLinesInsuranceServicesMember" xlink:label="FireAndAlliedLinesInsuranceServicesMember" xlink:title="FireAndAlliedLinesInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_FireAndAlliedLinesInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FireAndAlliedLinesInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_FireAndAlliedLinesInsuranceServicesMember_lbl">This member represents fire and allied lines insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FireAndAlliedLinesInsuranceServicesMember" xlink:to="bap_FireAndAlliedLinesInsuranceServicesMember_lbl" xlink:title="label: FireAndAlliedLinesInsuranceServicesMember to bap_FireAndAlliedLinesInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FireAndAlliedLinesInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FireAndAlliedLinesInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_FireAndAlliedLinesInsuranceServicesMember_lbl1">Fire and allied lines insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FireAndAlliedLinesInsuranceServicesMember" xlink:to="bap_FireAndAlliedLinesInsuranceServicesMember_lbl1" xlink:title="label: FireAndAlliedLinesInsuranceServicesMember to bap_FireAndAlliedLinesInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FireAndAlliedLinesInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FireAndAlliedLinesInsuranceServicesMember" xml:lang="en-US" id="bap_FireAndAlliedLinesInsuranceServicesMember">Fire and Allied Lines [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FireAndAlliedLinesInsuranceServicesMember" xlink:to="bap_FireAndAlliedLinesInsuranceServicesMember" xlink:title="label: FireAndAlliedLinesInsuranceServicesMember to bap_FireAndAlliedLinesInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AnnuitiesInsuranceServicesMember" xlink:label="AnnuitiesInsuranceServicesMember" xlink:title="AnnuitiesInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AnnuitiesInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AnnuitiesInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_AnnuitiesInsuranceServicesMember_lbl">This member stands for annuities insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnuitiesInsuranceServicesMember" xlink:to="bap_AnnuitiesInsuranceServicesMember_lbl" xlink:title="label: AnnuitiesInsuranceServicesMember to bap_AnnuitiesInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AnnuitiesInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AnnuitiesInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_AnnuitiesInsuranceServicesMember_lbl1">Annuities insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnuitiesInsuranceServicesMember" xlink:to="bap_AnnuitiesInsuranceServicesMember_lbl1" xlink:title="label: AnnuitiesInsuranceServicesMember to bap_AnnuitiesInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AnnuitiesInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AnnuitiesInsuranceServicesMember" xml:lang="en-US" id="bap_AnnuitiesInsuranceServicesMember">Annuities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnnuitiesInsuranceServicesMember" xlink:to="bap_AnnuitiesInsuranceServicesMember" xlink:title="label: AnnuitiesInsuranceServicesMember to bap_AnnuitiesInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MedicalAssistanceServicesMember" xlink:label="MedicalAssistanceServicesMember" xlink:title="MedicalAssistanceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_MedicalAssistanceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MedicalAssistanceServicesMember_lbl" xml:lang="en-US" id="bap_MedicalAssistanceServicesMember_lbl">This member stands for medical assistance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MedicalAssistanceServicesMember" xlink:to="bap_MedicalAssistanceServicesMember_lbl" xlink:title="label: MedicalAssistanceServicesMember to bap_MedicalAssistanceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MedicalAssistanceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MedicalAssistanceServicesMember_lbl1" xml:lang="en-US" id="bap_MedicalAssistanceServicesMember_lbl1">Medical assistance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MedicalAssistanceServicesMember" xlink:to="bap_MedicalAssistanceServicesMember_lbl1" xlink:title="label: MedicalAssistanceServicesMember to bap_MedicalAssistanceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MedicalAssistanceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MedicalAssistanceServicesMember" xml:lang="en-US" id="bap_MedicalAssistanceServicesMember">Medical Assistance Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MedicalAssistanceServicesMember" xlink:to="bap_MedicalAssistanceServicesMember" xlink:title="label: MedicalAssistanceServicesMember to bap_MedicalAssistanceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TechnicalLinesInsuranceServicesMember" xlink:label="TechnicalLinesInsuranceServicesMember" xlink:title="TechnicalLinesInsuranceServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalLinesInsuranceServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TechnicalLinesInsuranceServicesMember_lbl" xml:lang="en-US" id="bap_TechnicalLinesInsuranceServicesMember_lbl">This member represents technical lines insurance services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalLinesInsuranceServicesMember" xlink:to="bap_TechnicalLinesInsuranceServicesMember_lbl" xlink:title="label: TechnicalLinesInsuranceServicesMember to bap_TechnicalLinesInsuranceServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalLinesInsuranceServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TechnicalLinesInsuranceServicesMember_lbl1" xml:lang="en-US" id="bap_TechnicalLinesInsuranceServicesMember_lbl1">Technical lines insurance services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalLinesInsuranceServicesMember" xlink:to="bap_TechnicalLinesInsuranceServicesMember_lbl1" xlink:title="label: TechnicalLinesInsuranceServicesMember to bap_TechnicalLinesInsuranceServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TechnicalLinesInsuranceServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TechnicalLinesInsuranceServicesMember" xml:lang="en-US" id="bap_TechnicalLinesInsuranceServicesMember">Technical Lines [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalLinesInsuranceServicesMember" xlink:to="bap_TechnicalLinesInsuranceServicesMember" xlink:title="label: TechnicalLinesInsuranceServicesMember to bap_TechnicalLinesInsuranceServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:label="DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:title="DisclosureOfInsuranceAndReinsuranceTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl">The disclosure of insurance and reinsurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:to="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl" xlink:title="label: DisclosureOfInsuranceAndReinsuranceTableTextBlock to bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl1">Disclosure of insurance and reinsurance [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:to="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl1" xlink:title="label: DisclosureOfInsuranceAndReinsuranceTableTextBlock to bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock">Insurance and Reinsurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:to="bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock" xlink:title="label: DisclosureOfInsuranceAndReinsuranceTableTextBlock to bap_DisclosureOfInsuranceAndReinsuranceTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:label="DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:title="DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl">Disclosure of contracts measured under BBA and VFA of the insurance service.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:to="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl" xlink:title="label: DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock to bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl1">Disclosure of contracts measured under insurance service [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:to="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl1" xlink:title="label: DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock to bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock">Contracts Measured under Insurance Service</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:to="bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" xlink:title="label: DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock to bap_DisclosureOfContractsMeasuredUnderInsuranceServiceTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:label="DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:title="DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl">Disclosure of fair value of underlying assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:to="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl" xlink:title="label: DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock to bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl1">Disclosure of fair value of underlying assets [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:to="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl1" xlink:title="label: DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock to bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock">Fair Value of Underlying Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:to="bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" xlink:title="label: DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock to bap_DisclosureOfFairValueOfUnderlyingAssetsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:label="DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:title="DisclosureOfInsuranceContractClaimsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl">The tabular disclosure of details consisting of net claims incurred for insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:to="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl" xlink:title="label: DisclosureOfInsuranceContractClaimsTableTextBlock to bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl1">Disclosure of insurance contract claims [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:to="bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl1" xlink:title="label: DisclosureOfInsuranceContractClaimsTableTextBlock to bap_DisclosureOfInsuranceContractClaimsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfInsuranceContractClaimsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfInsuranceContractClaimsTableTextBlock">Components of Insurance Claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:to="bap_DisclosureOfInsuranceContractClaimsTableTextBlock" xlink:title="label: DisclosureOfInsuranceContractClaimsTableTextBlock to bap_DisclosureOfInsuranceContractClaimsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:label="DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:title="DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl">Disclosure of contractual service margin for insurance contract portfolios.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:to="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl" xlink:title="label: DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock to bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl1">Disclosure of contractual service margin for insurance contract portfolios [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:to="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl1" xlink:title="label: DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock to bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock">Contractual Service Margin for Insurance Contract Portfolios</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:to="bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" xlink:title="label: DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock to bap_DisclosureOfContractualServiceMarginForInsuranceContractPortfoliosTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:label="DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:title="DisclosureOfTypesOfInsuranceContractsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl">The disclosure of types of insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:to="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl" xlink:title="label: DisclosureOfTypesOfInsuranceContractsTableTextBlock to bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl1">Disclosure of types of insurance contracts [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:to="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl1" xlink:title="label: DisclosureOfTypesOfInsuranceContractsTableTextBlock to bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock">Gross Written Premiums by Insurance Type</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:to="bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock" xlink:title="label: DisclosureOfTypesOfInsuranceContractsTableTextBlock to bap_DisclosureOfTypesOfInsuranceContractsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:label="DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:title="DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl">Disclosure of onerous and non-onerous contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:to="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl" xlink:title="label: DisclosureOfOnerousAndNonOnerousContractsTableTextBlock to bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl1">Disclosure of onerous and non-onerous contracts [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:to="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl1" xlink:title="label: DisclosureOfOnerousAndNonOnerousContractsTableTextBlock to bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock">Onerous and Non-onerous Contracts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:to="bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" xlink:title="label: DisclosureOfOnerousAndNonOnerousContractsTableTextBlock to bap_DisclosureOfOnerousAndNonOnerousContractsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PremiumsAssignedToReinsurancePeriod" xlink:label="PremiumsAssignedToReinsurancePeriod" xlink:title="PremiumsAssignedToReinsurancePeriod" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsAssignedToReinsurancePeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PremiumsAssignedToReinsurancePeriod_lbl" xml:lang="en-US" id="bap_PremiumsAssignedToReinsurancePeriod_lbl">The amount of premiums assigned to the reinsurance period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsAssignedToReinsurancePeriod" xlink:to="bap_PremiumsAssignedToReinsurancePeriod_lbl" xlink:title="label: PremiumsAssignedToReinsurancePeriod to bap_PremiumsAssignedToReinsurancePeriod_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsAssignedToReinsurancePeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PremiumsAssignedToReinsurancePeriod_lbl1" xml:lang="en-US" id="bap_PremiumsAssignedToReinsurancePeriod_lbl1">Premiums assigned to reinsurance period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsAssignedToReinsurancePeriod" xlink:to="bap_PremiumsAssignedToReinsurancePeriod_lbl1" xlink:title="label: PremiumsAssignedToReinsurancePeriod to bap_PremiumsAssignedToReinsurancePeriod_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PremiumsAssignedToReinsurancePeriod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_PremiumsAssignedToReinsurancePeriod" xml:lang="en-US" id="bap_PremiumsAssignedToReinsurancePeriod">Premiums assigned to the reinsurance period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PremiumsAssignedToReinsurancePeriod" xlink:to="bap_PremiumsAssignedToReinsurancePeriod" xlink:title="label: PremiumsAssignedToReinsurancePeriod to bap_PremiumsAssignedToReinsurancePeriod" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_VariationInIncurredClaimProvisionFromReinsurance" xlink:label="VariationInIncurredClaimProvisionFromReinsurance" xlink:title="VariationInIncurredClaimProvisionFromReinsurance" />
    <link:label xlink:type="resource" xlink:label="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl" xml:lang="en-US" id="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl">The amount of variation in incurred claim provision from reinsurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VariationInIncurredClaimProvisionFromReinsurance" xlink:to="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl" xlink:title="label: VariationInIncurredClaimProvisionFromReinsurance to bap_VariationInIncurredClaimProvisionFromReinsurance_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl1" xml:lang="en-US" id="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl1">Variation in incurred claim provision from reinsurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VariationInIncurredClaimProvisionFromReinsurance" xlink:to="bap_VariationInIncurredClaimProvisionFromReinsurance_lbl1" xlink:title="label: VariationInIncurredClaimProvisionFromReinsurance to bap_VariationInIncurredClaimProvisionFromReinsurance_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_VariationInIncurredClaimProvisionFromReinsurance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_VariationInIncurredClaimProvisionFromReinsurance" xml:lang="en-US" id="bap_VariationInIncurredClaimProvisionFromReinsurance">Variation in incurred claim provision - pending Claims - Reinsurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VariationInIncurredClaimProvisionFromReinsurance" xlink:to="bap_VariationInIncurredClaimProvisionFromReinsurance" xlink:title="label: VariationInIncurredClaimProvisionFromReinsurance to bap_VariationInIncurredClaimProvisionFromReinsurance" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:label="AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:title="AdjustmentChangesOfIncurredClaimProvisionToReinsurance" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl" xml:lang="en-US" id="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl">The amount of adjustment changes of incurred claim provision to reinsurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:to="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl" xlink:title="label: AdjustmentChangesOfIncurredClaimProvisionToReinsurance to bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl1" xml:lang="en-US" id="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl1">Adjustment changes of incurred claim provision to reinsurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:to="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl1" xlink:title="label: AdjustmentChangesOfIncurredClaimProvisionToReinsurance to bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xml:lang="en-US" id="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance">Adjustment changes of incurred claim provision - RA - Reinsurance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:to="bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance" xlink:title="label: AdjustmentChangesOfIncurredClaimProvisionToReinsurance to bap_AdjustmentChangesOfIncurredClaimProvisionToReinsurance" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:label="InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:title="InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl" xml:lang="en-US" id="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl">This member stands for insurance contracts to which the building block approach and variable fee approach has been Applied.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:to="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl" xlink:title="label: InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember to bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl1" xml:lang="en-US" id="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl1">Insurance contracts to which building block approach and variable fee approach has been applied [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:to="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl1" xlink:title="label: InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember to bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xml:lang="en-US" id="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember">Contracts Measured Under BBA and VFA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:to="bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" xlink:title="label: InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember to bap_InsuranceContractsToWhichBuildingBlockApproachAndVariableFeeApproachHasBeenAppliedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:label="IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl">The increase (decrease) in insurance contracts liability (asset) resulting from incurred past claims and other incurred insurance service expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl" xlink:title="label: IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1">Increase (decrease) through incurred past claims and other incurred insurance service expenses, insurance contracts liability (asset)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" xlink:title="label: IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xml:lang="en-US" id="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset">Claims incurred and adjustments related to past claims incurred and other insurance service expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:to="bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" xlink:title="label: IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset to bap_IncreaseDecreaseThroughIncurredPastClaimsAndOtherIncurredInsuranceServiceExpensesInsuranceContractsLiabilityAsset" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:label="ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:title="ContractsMeasuredUnderPremiumAllocationApproachMember" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl" xml:lang="en-US" id="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl">This member stands for insurance contracts to which the premium allocation approach has been applied. Premium allocation approach is an approach, described in paragraphs 53-59 of IFRS 17, that simplifies the measurement of the liability for remaining coverage of a group of insurance contracts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:to="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl" xlink:title="label: ContractsMeasuredUnderPremiumAllocationApproachMember to bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl1" xml:lang="en-US" id="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl1">Contracts measured under premium allocation approach [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:to="bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl1" xlink:title="label: ContractsMeasuredUnderPremiumAllocationApproachMember to bap_ContractsMeasuredUnderPremiumAllocationApproachMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContractsMeasuredUnderPremiumAllocationApproachMember" xml:lang="en-US" id="bap_ContractsMeasuredUnderPremiumAllocationApproachMember">Contracts Measured Under PAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:to="bap_ContractsMeasuredUnderPremiumAllocationApproachMember" xlink:title="label: ContractsMeasuredUnderPremiumAllocationApproachMember to bap_ContractsMeasuredUnderPremiumAllocationApproachMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceFinancialOther" xlink:label="InsuranceFinancialOther" xlink:title="InsuranceFinancialOther" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceFinancialOther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceFinancialOther_lbl" xml:lang="en-US" id="bap_InsuranceFinancialOther_lbl">The amount of insurance finance other.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinancialOther" xlink:to="bap_InsuranceFinancialOther_lbl" xlink:title="label: InsuranceFinancialOther to bap_InsuranceFinancialOther_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceFinancialOther_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceFinancialOther_lbl1" xml:lang="en-US" id="bap_InsuranceFinancialOther_lbl1">Insurance financial other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinancialOther" xlink:to="bap_InsuranceFinancialOther_lbl1" xlink:title="label: InsuranceFinancialOther to bap_InsuranceFinancialOther_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceFinancialOther" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_InsuranceFinancialOther" xml:lang="en-US" id="bap_InsuranceFinancialOther">Others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceFinancialOther" xlink:to="bap_InsuranceFinancialOther" xlink:title="label: InsuranceFinancialOther to bap_InsuranceFinancialOther" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LossesInOnerousContractsAndReversalOfLosses" xlink:label="LossesInOnerousContractsAndReversalOfLosses" xlink:title="LossesInOnerousContractsAndReversalOfLosses" />
    <link:label xlink:type="resource" xlink:label="bap_LossesInOnerousContractsAndReversalOfLosses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LossesInOnerousContractsAndReversalOfLosses_lbl" xml:lang="en-US" id="bap_LossesInOnerousContractsAndReversalOfLosses_lbl">The amount of losses in onerous contracts and reversal of losses during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesInOnerousContractsAndReversalOfLosses" xlink:to="bap_LossesInOnerousContractsAndReversalOfLosses_lbl" xlink:title="label: LossesInOnerousContractsAndReversalOfLosses to bap_LossesInOnerousContractsAndReversalOfLosses_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LossesInOnerousContractsAndReversalOfLosses_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LossesInOnerousContractsAndReversalOfLosses_lbl1" xml:lang="en-US" id="bap_LossesInOnerousContractsAndReversalOfLosses_lbl1">Losses in onerous contracts and reversal of losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesInOnerousContractsAndReversalOfLosses" xlink:to="bap_LossesInOnerousContractsAndReversalOfLosses_lbl1" xlink:title="label: LossesInOnerousContractsAndReversalOfLosses to bap_LossesInOnerousContractsAndReversalOfLosses_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LossesInOnerousContractsAndReversalOfLosses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_LossesInOnerousContractsAndReversalOfLosses" xml:lang="en-US" id="bap_LossesInOnerousContractsAndReversalOfLosses">Losses in onerous contracts and reversal of losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LossesInOnerousContractsAndReversalOfLosses" xlink:to="bap_LossesInOnerousContractsAndReversalOfLosses" xlink:title="label: LossesInOnerousContractsAndReversalOfLosses to bap_LossesInOnerousContractsAndReversalOfLosses" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:label="ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:title="ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl" xml:lang="en-US" id="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl">This member stands for insurance contracts to which the building block approach and variable fee approach has been Applied.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:to="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl" xlink:title="label: ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember to bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl1" xml:lang="en-US" id="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl1">Contracts measured under building block approach and variable fee approach [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:to="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl1" xlink:title="label: ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember to bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xml:lang="en-US" id="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember">Contracts Measured Under BBA and VFA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:to="bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" xlink:title="label: ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember to bap_ContractsMeasuredUnderBuildingBlockApproachAndVariableFeeApproachMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:label="OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:title="OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl">The amount of other comprehensive income, net of tax, related to cash flow hedges attributable to non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl1">Other comprehensive income before tax cash flow hedges attributable to non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" xlink:title="label: OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxCashFlowHedgesAttributableToNonControllingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfOtherReservesWithinEquityAbstract" xlink:label="DisclosureOfOtherReservesWithinEquityAbstract" xlink:title="DisclosureOfOtherReservesWithinEquityAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherReservesWithinEquityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfOtherReservesWithinEquityAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfOtherReservesWithinEquityAbstract_lbl1">Disclosure of other reserves within equity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherReservesWithinEquityAbstract" xlink:to="bap_DisclosureOfOtherReservesWithinEquityAbstract_lbl1" xlink:title="label: DisclosureOfOtherReservesWithinEquityAbstract to bap_DisclosureOfOtherReservesWithinEquityAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfOtherReservesWithinEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfOtherReservesWithinEquityAbstract" xml:lang="en-US" id="bap_DisclosureOfOtherReservesWithinEquityAbstract">Other reserves [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfOtherReservesWithinEquityAbstract" xlink:to="bap_DisclosureOfOtherReservesWithinEquityAbstract" xlink:title="label: DisclosureOfOtherReservesWithinEquityAbstract to bap_DisclosureOfOtherReservesWithinEquityAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:label="DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:title="DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xml:lang="en-US" id="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1">Debt instruments at fair value through other comprehensive income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" xlink:title="label: DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract to bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xml:lang="en-US" id="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract">Debt instruments at fair value through other comprehensive income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:to="bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" xlink:title="label: DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract to bap_DebtInstrumentsAtFairValueThroughOtherComprehensiveIncomeAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:label="TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:title="TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl" xml:lang="en-US" id="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl">The amount of transfer of net realized loss (gain) on investments to profit or loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl" xlink:title="label: TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss to bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl1" xml:lang="en-US" id="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl1">Transfer of net realized loss (gain) on investments to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl1" xlink:title="label: TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss to bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xml:lang="en-US" id="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss">Transfer to results of net realized loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" xlink:title="label: TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss to bap_TransferOfNetRealizedLossGainOnInvestmentsToProfitOrLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:label="OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:title="OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl">The amount of other comprehensive income, net of tax, related to other reserves attributable to non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl1">Other comprehensive income before tax, other reserves, attributable to non controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" xlink:title="label: OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxOtherReservesAttributableToNonControllingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:label="OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:title="OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl">The amount of other comprehensive income, net of tax, related to investment at fair value for non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:to="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest to bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl1">Other comprehensive income investment at fair value attributable to noncontrolling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:to="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest to bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:to="bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" xlink:title="label: OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest to bap_OtherComprehensiveIncomeInvestmentAtFairValueAttributableToNoncontrollingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:label="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:title="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract_lbl1">Other comprehensive income, before tax, gains (losses) from investments in equity instruments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract to bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract">Equity instruments at fair value through other comprehensive income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" xlink:title="label: OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract to bap_OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstrumentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:label="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:title="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl">The amount of other comprehensive income, net of tax, related to exchange differences when financial statements of foreign operations are translated, including portion attributable to non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl1">Other comprehensive income, net of tax, exchange differences on translation including attributable to non-controlling interest]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest">Sub total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationIncludingAttributableToNonControllingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:label="GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:title="GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl" xml:lang="en-US" id="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl">The gains (losses) recognised in other comprehensive income on remeasuring debt instruments at available-for-sale financial assets, net of tax. [Refer: Financial assets available-for-sale]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:to="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl" xlink:title="label: GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax to bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl1" xml:lang="en-US" id="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl1">Gains (losses) on remeasuring debt instruments available-for-sale financial assets, net of tax</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:to="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl1" xlink:title="label: GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax to bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xml:lang="en-US" id="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax">Net unrealized gain (loss)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:to="bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" xlink:title="label: GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax to bap_GainsLossesOnRemeasuringDebtInstrumentsAvailableForSaleFinancialAssetsNetOfTax" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:label="OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:title="OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl">The amount of other comprehensive income, net of tax, related to investments in equity instruments attributable to non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl1">Other comprehensive income before tax, investments in equity instruments, attributable to non controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" xlink:title="label: OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeBeforeTaxInvestmentsInEquityInstrumentsAttributableToNonControllingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:label="OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:title="OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl">The amount of other comprehensive income, net of tax and non controlling interest, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl" xlink:title="label: OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges to bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl1">Other comprehensive income, net of tax and Non controlling interest, cash flow hedges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges to bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges">Sub total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" xlink:title="label: OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges to bap_OtherComprehensiveIncomeNetOfTaxAndNonControllingInterestCashFlowHedges" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:label="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:title="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl" xml:lang="en-US" id="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl">The amount of transfer of recovery (impairment) credit loss on investments to profit or loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl" xlink:title="label: TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss to bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl1" xml:lang="en-US" id="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl1">Transfer of recovery (impairment) of credit loss on investments to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl1" xlink:title="label: TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss to bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xml:lang="en-US" id="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss">Transfer of recovery of credit loss to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:title="label: TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss to bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" />
    <link:label xlink:type="resource" xlink:label="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl2" xml:lang="en-US" id="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl2">Transfer of recovery of credit loss of investments to profit or loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss" xlink:to="bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl2" xlink:title="label: TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss to bap_TransferOfRecoveryImpairmentOfCreditLossOnInvestmentsToProfitOrLoss_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeAttributableToAbstract" xlink:label="OtherComprehensiveIncomeAttributableToAbstract" xlink:title="OtherComprehensiveIncomeAttributableToAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeAttributableToAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeAttributableToAbstract_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeAttributableToAbstract_lbl1">Other comprehensive income attributable to [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAttributableToAbstract" xlink:to="bap_OtherComprehensiveIncomeAttributableToAbstract_lbl1" xlink:title="label: OtherComprehensiveIncomeAttributableToAbstract to bap_OtherComprehensiveIncomeAttributableToAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeAttributableToAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherComprehensiveIncomeAttributableToAbstract" xml:lang="en-US" id="bap_OtherComprehensiveIncomeAttributableToAbstract">Attributable to [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeAttributableToAbstract" xlink:to="bap_OtherComprehensiveIncomeAttributableToAbstract" xlink:title="label: OtherComprehensiveIncomeAttributableToAbstract to bap_OtherComprehensiveIncomeAttributableToAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:label="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:title="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl">The amount of other comprehensive income, net of tax, related to exchange differences when financial statements of foreign operations are translated attributable to non-controlling interest.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl1" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl1">Other comprehensive income net of tax exchange differences on translation attributable to non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl1" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xml:lang="en-US" id="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest">Non-controlling interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:to="bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" xlink:title="label: OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest to bap_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslationAttributableToNonControllingInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:label="PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:title="PercentageOfReserveRequiredToBeMaintainedOfNetProfits" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl" xml:lang="en-US" id="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl">The minimum percentage of reserve must be constituted with annual transfers of net profits.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:to="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl" xlink:title="label: PercentageOfReserveRequiredToBeMaintainedOfNetProfits to bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl1" xml:lang="en-US" id="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl1">Percentage of reserve required to be maintained of net profits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:to="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl1" xlink:title="label: PercentageOfReserveRequiredToBeMaintainedOfNetProfits to bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xml:lang="en-US" id="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits">Percentage of reserve required to be maintained of net profits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:to="bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits" xlink:title="label: PercentageOfReserveRequiredToBeMaintainedOfNetProfits to bap_PercentageOfReserveRequiredToBeMaintainedOfNetProfits" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:label="IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:title="IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl">The amount of increase decrease through other changes in equity of other reserves.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:to="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl" xlink:title="label: IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves to bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl1">Increase decrease through other changes in equity of other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:to="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl1" xlink:title="label: IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves to bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xml:lang="en-US" id="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves">Other reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:to="bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" xlink:title="label: IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves to bap_IncreaseDecreaseThroughOtherChangesInEquityOfOtherReserves" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfReserveRequiredOne" xlink:label="PercentageOfReserveRequiredOne" xlink:title="PercentageOfReserveRequiredOne" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfReserveRequiredOne_lbl" xml:lang="en-US" id="bap_PercentageOfReserveRequiredOne_lbl">Percentage of reserve subsidiaries are required to keep as a reserve that equals a percentage of paid-in capital.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredOne" xlink:to="bap_PercentageOfReserveRequiredOne_lbl" xlink:title="label: PercentageOfReserveRequiredOne to bap_PercentageOfReserveRequiredOne_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredOne_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfReserveRequiredOne_lbl1" xml:lang="en-US" id="bap_PercentageOfReserveRequiredOne_lbl1">Percentage of reserve required one</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredOne" xlink:to="bap_PercentageOfReserveRequiredOne_lbl1" xlink:title="label: PercentageOfReserveRequiredOne to bap_PercentageOfReserveRequiredOne_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredOne" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfReserveRequiredOne" xml:lang="en-US" id="bap_PercentageOfReserveRequiredOne">Percentage of reserve required one</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredOne" xlink:to="bap_PercentageOfReserveRequiredOne" xlink:title="label: PercentageOfReserveRequiredOne to bap_PercentageOfReserveRequiredOne" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReserveOfDebtInstrumentsAtFairValueMember" xlink:label="ReserveOfDebtInstrumentsAtFairValueMember" xlink:title="ReserveOfDebtInstrumentsAtFairValueMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl" xml:lang="en-US" id="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl">This member stands for debt instruments at fair value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfDebtInstrumentsAtFairValueMember" xlink:to="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl" xlink:title="label: ReserveOfDebtInstrumentsAtFairValueMember to bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl1" xml:lang="en-US" id="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl1">Reserve of debt instruments at fair value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfDebtInstrumentsAtFairValueMember" xlink:to="bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl1" xlink:title="label: ReserveOfDebtInstrumentsAtFairValueMember to bap_ReserveOfDebtInstrumentsAtFairValueMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReserveOfDebtInstrumentsAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ReserveOfDebtInstrumentsAtFairValueMember" xml:lang="en-US" id="bap_ReserveOfDebtInstrumentsAtFairValueMember">Debt Instruments at Fair Value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveOfDebtInstrumentsAtFairValueMember" xlink:to="bap_ReserveOfDebtInstrumentsAtFairValueMember" xlink:title="label: ReserveOfDebtInstrumentsAtFairValueMember to bap_ReserveOfDebtInstrumentsAtFairValueMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfReserveRequiredThree" xlink:label="PercentageOfReserveRequiredThree" xlink:title="PercentageOfReserveRequiredThree" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfReserveRequiredThree_lbl" xml:lang="en-US" id="bap_PercentageOfReserveRequiredThree_lbl">Percentage of reserve subsidiaries are required to keep as a reserve that equals a percentage of paid-in capital.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredThree" xlink:to="bap_PercentageOfReserveRequiredThree_lbl" xlink:title="label: PercentageOfReserveRequiredThree to bap_PercentageOfReserveRequiredThree_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredThree_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfReserveRequiredThree_lbl1" xml:lang="en-US" id="bap_PercentageOfReserveRequiredThree_lbl1">Percentage of reserve required three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredThree" xlink:to="bap_PercentageOfReserveRequiredThree_lbl1" xlink:title="label: PercentageOfReserveRequiredThree to bap_PercentageOfReserveRequiredThree_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredThree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfReserveRequiredThree" xml:lang="en-US" id="bap_PercentageOfReserveRequiredThree">Percentage of reserve required three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredThree" xlink:to="bap_PercentageOfReserveRequiredThree" xlink:title="label: PercentageOfReserveRequiredThree to bap_PercentageOfReserveRequiredThree" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfReserveRequiredTwo" xlink:label="PercentageOfReserveRequiredTwo" xlink:title="PercentageOfReserveRequiredTwo" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfReserveRequiredTwo_lbl" xml:lang="en-US" id="bap_PercentageOfReserveRequiredTwo_lbl">Percentage of reserve subsidiaries are required to keep as a reserve that equals a percentage of paid-in capital.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredTwo" xlink:to="bap_PercentageOfReserveRequiredTwo_lbl" xlink:title="label: PercentageOfReserveRequiredTwo to bap_PercentageOfReserveRequiredTwo_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredTwo_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfReserveRequiredTwo_lbl1" xml:lang="en-US" id="bap_PercentageOfReserveRequiredTwo_lbl1">Percentage of reserve required two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredTwo" xlink:to="bap_PercentageOfReserveRequiredTwo_lbl1" xlink:title="label: PercentageOfReserveRequiredTwo to bap_PercentageOfReserveRequiredTwo_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfReserveRequiredTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfReserveRequiredTwo" xml:lang="en-US" id="bap_PercentageOfReserveRequiredTwo">Percentage of reserve required two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfReserveRequiredTwo" xlink:to="bap_PercentageOfReserveRequiredTwo" xlink:title="label: PercentageOfReserveRequiredTwo to bap_PercentageOfReserveRequiredTwo" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondsAndNotesAbstract" xlink:label="BondsAndNotesAbstract" xlink:title="BondsAndNotesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondsAndNotesAbstract_lbl1" xml:lang="en-US" id="bap_BondsAndNotesAbstract_lbl1">Bonds and notes [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesAbstract" xlink:to="bap_BondsAndNotesAbstract_lbl1" xlink:title="label: BondsAndNotesAbstract to bap_BondsAndNotesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondsAndNotesAbstract" xml:lang="en-US" id="bap_BondsAndNotesAbstract">Bonds and notes [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesAbstract" xlink:to="bap_BondsAndNotesAbstract" xlink:title="label: BondsAndNotesAbstract to bap_BondsAndNotesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:label="PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:title="PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl" xml:lang="en-US" id="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl">The percentage of principal amount of debt redeemed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:to="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl" xlink:title="label: PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed to bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl1" xml:lang="en-US" id="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl1">Percentage of debt instrument redemption price principal amount redeemed</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:to="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl1" xlink:title="label: PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed to bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xml:lang="en-US" id="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed">Redemption price percentage</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:to="bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" xlink:title="label: PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed to bap_PercentageOfDebtInstrumentRedemptionPricePrincipalAmountRedeemed" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TreasuryOfUnitedStatesOfAmericasRateMember" xlink:label="TreasuryOfUnitedStatesOfAmericasRateMember" xlink:title="TreasuryOfUnitedStatesOfAmericasRateMember" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl" xml:lang="en-US" id="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl">This member stands for Treasury of the United States of America's rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryOfUnitedStatesOfAmericasRateMember" xlink:to="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl" xlink:title="label: TreasuryOfUnitedStatesOfAmericasRateMember to bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl1" xml:lang="en-US" id="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl1">Treasury Of United States Of Americas Rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryOfUnitedStatesOfAmericasRateMember" xlink:to="bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl1" xlink:title="label: TreasuryOfUnitedStatesOfAmericasRateMember to bap_TreasuryOfUnitedStatesOfAmericasRateMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryOfUnitedStatesOfAmericasRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TreasuryOfUnitedStatesOfAmericasRateMember" xml:lang="en-US" id="bap_TreasuryOfUnitedStatesOfAmericasRateMember">Treasury of the United States of America's Rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryOfUnitedStatesOfAmericasRateMember" xlink:to="bap_TreasuryOfUnitedStatesOfAmericasRateMember" xlink:title="label: TreasuryOfUnitedStatesOfAmericasRateMember to bap_TreasuryOfUnitedStatesOfAmericasRateMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:label="ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:title="ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl" xml:lang="en-US" id="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl">This member stands for 3.250% subordinated fixed-to-fixed rate notes due 2031.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:to="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl" xlink:title="label: ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember to bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl1" xml:lang="en-US" id="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl1">Three point 250 percent subordinated fixed to fixed rate notes Member [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:to="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl1" xlink:title="label: ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember to bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xml:lang="en-US" id="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember">3.250% Subordinated Fixed-to-Fixed Rate Notes due 2031 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:to="bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" xlink:title="label: ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember to bap_ThreePoint250PercentSubordinatedFixedToFixedRateNotesMemberMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:label="ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:title="ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl" xml:lang="en-US" id="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl">This member stands for 3.125% subordinated fixed-to-fixed rate notes due 2030.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:to="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl" xlink:title="label: ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember to bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl1" xml:lang="en-US" id="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl1">Three point 125 percent subordinated fixed to fixed rate notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:to="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl1" xlink:title="label: ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember to bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xml:lang="en-US" id="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember">3.125% Subordinated Fixed-to-Fixed Rate Notes due 2030 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:to="bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" xlink:title="label: ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember to bap_ThreePoint125PercentSubordinatedFixedToFixedRateNotesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:label="SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:title="SubordinatedBondsFirstProgramFirstIssuanceMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl">This member stands subordinated bonds called 'First issuance of the First Pacifico Subordinated Bonds Program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceMember to bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl1" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl1">Subordinated bonds, first program, first issuance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl1" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceMember to bap_SubordinatedBondsFirstProgramFirstIssuanceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubordinatedBondsFirstProgramFirstIssuanceMember" xml:lang="en-US" id="bap_SubordinatedBondsFirstProgramFirstIssuanceMember">Subordinated Bonds, First Program, First Issuance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:to="bap_SubordinatedBondsFirstProgramFirstIssuanceMember" xlink:title="label: SubordinatedBondsFirstProgramFirstIssuanceMember to bap_SubordinatedBondsFirstProgramFirstIssuanceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfDerivativeInstrumentsDivided" xlink:label="NumberOfDerivativeInstrumentsDivided" xlink:title="NumberOfDerivativeInstrumentsDivided" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDerivativeInstrumentsDivided_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfDerivativeInstrumentsDivided_lbl" xml:lang="en-US" id="bap_NumberOfDerivativeInstrumentsDivided_lbl">The number of derivative instruments divided by risk variables.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDerivativeInstrumentsDivided" xlink:to="bap_NumberOfDerivativeInstrumentsDivided_lbl" xlink:title="label: NumberOfDerivativeInstrumentsDivided to bap_NumberOfDerivativeInstrumentsDivided_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDerivativeInstrumentsDivided_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfDerivativeInstrumentsDivided_lbl1" xml:lang="en-US" id="bap_NumberOfDerivativeInstrumentsDivided_lbl1">Number of derivative instruments divided</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDerivativeInstrumentsDivided" xlink:to="bap_NumberOfDerivativeInstrumentsDivided_lbl1" xlink:title="label: NumberOfDerivativeInstrumentsDivided to bap_NumberOfDerivativeInstrumentsDivided_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDerivativeInstrumentsDivided" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfDerivativeInstrumentsDivided" xml:lang="en-US" id="bap_NumberOfDerivativeInstrumentsDivided">Number of derivative instruments divided</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDerivativeInstrumentsDivided" xlink:to="bap_NumberOfDerivativeInstrumentsDivided" xlink:title="label: NumberOfDerivativeInstrumentsDivided to bap_NumberOfDerivativeInstrumentsDivided" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsBankingSegmentMember" xlink:label="InvestmentsBankingSegmentMember" xlink:title="InvestmentsBankingSegmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsBankingSegmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsBankingSegmentMember_lbl1" xml:lang="en-US" id="bap_InvestmentsBankingSegmentMember_lbl1">Investments Banking Segment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsBankingSegmentMember" xlink:to="bap_InvestmentsBankingSegmentMember_lbl1" xlink:title="label: InvestmentsBankingSegmentMember to bap_InvestmentsBankingSegmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsBankingSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsBankingSegmentMember" xml:lang="en-US" id="bap_InvestmentsBankingSegmentMember">Investment Banking and Wealth Management [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsBankingSegmentMember" xlink:to="bap_InvestmentsBankingSegmentMember" xlink:title="label: InvestmentsBankingSegmentMember to bap_InvestmentsBankingSegmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceAndPensionFundsMember" xlink:label="InsuranceAndPensionFundsMember" xlink:title="InsuranceAndPensionFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceAndPensionFundsMember_lbl" xml:lang="en-US" id="bap_InsuranceAndPensionFundsMember_lbl">This member stands for the authority that regulates banking, insurance and pension funds activities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsMember" xlink:to="bap_InsuranceAndPensionFundsMember_lbl" xlink:title="label: InsuranceAndPensionFundsMember to bap_InsuranceAndPensionFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceAndPensionFundsMember_lbl1" xml:lang="en-US" id="bap_InsuranceAndPensionFundsMember_lbl1">Insurance and Pension Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsMember" xlink:to="bap_InsuranceAndPensionFundsMember_lbl1" xlink:title="label: InsuranceAndPensionFundsMember to bap_InsuranceAndPensionFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceAndPensionFundsMember" xml:lang="en-US" id="bap_InsuranceAndPensionFundsMember">Insurance and Pension Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsMember" xlink:to="bap_InsuranceAndPensionFundsMember" xlink:title="label: InsuranceAndPensionFundsMember to bap_InsuranceAndPensionFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:label="InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:title="InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl" xml:lang="en-US" id="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl">This member stands for the authority that regulates banking, insurance and pension funds activities in Peru an entity regulated by the SBS.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:to="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl" xlink:title="label: InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember to bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl1" xml:lang="en-US" id="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl1">Insurance and Pension Funds Pacifico Seguros and Subsidiaries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:to="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl1" xlink:title="label: InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember to bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xml:lang="en-US" id="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember">Insurance and Pension Funds Pacifico Seguros y Subsidiarias [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:to="bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" xlink:title="label: InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember to bap_InsuranceAndPensionFundsPacificoSegurosAndSubsidiariesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsurancePensionFundsPrimaAFPMember" xlink:label="InsurancePensionFundsPrimaAFPMember" xlink:title="InsurancePensionFundsPrimaAFPMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsurancePensionFundsPrimaAFPMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsurancePensionFundsPrimaAFPMember_lbl" xml:lang="en-US" id="bap_InsurancePensionFundsPrimaAFPMember_lbl">This member stands for insurance and pension funds and prima AFT (a private pension fund and its activities are regulated by the SBS).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsurancePensionFundsPrimaAFPMember" xlink:to="bap_InsurancePensionFundsPrimaAFPMember_lbl" xlink:title="label: InsurancePensionFundsPrimaAFPMember to bap_InsurancePensionFundsPrimaAFPMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsurancePensionFundsPrimaAFPMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsurancePensionFundsPrimaAFPMember_lbl1" xml:lang="en-US" id="bap_InsurancePensionFundsPrimaAFPMember_lbl1">Insurance pension funds Prima AFP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsurancePensionFundsPrimaAFPMember" xlink:to="bap_InsurancePensionFundsPrimaAFPMember_lbl1" xlink:title="label: InsurancePensionFundsPrimaAFPMember to bap_InsurancePensionFundsPrimaAFPMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsurancePensionFundsPrimaAFPMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsurancePensionFundsPrimaAFPMember" xml:lang="en-US" id="bap_InsurancePensionFundsPrimaAFPMember">Insurance and Pension Funds Prima AFP [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsurancePensionFundsPrimaAFPMember" xlink:to="bap_InsurancePensionFundsPrimaAFPMember" xlink:title="label: InsurancePensionFundsPrimaAFPMember to bap_InsurancePensionFundsPrimaAFPMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InformationRelatingToOperatingSegmentsAbstract" xlink:label="InformationRelatingToOperatingSegmentsAbstract" xlink:title="InformationRelatingToOperatingSegmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InformationRelatingToOperatingSegmentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InformationRelatingToOperatingSegmentsAbstract_lbl1" xml:lang="en-US" id="bap_InformationRelatingToOperatingSegmentsAbstract_lbl1">Information relating to operating segments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationRelatingToOperatingSegmentsAbstract" xlink:to="bap_InformationRelatingToOperatingSegmentsAbstract_lbl1" xlink:title="label: InformationRelatingToOperatingSegmentsAbstract to bap_InformationRelatingToOperatingSegmentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InformationRelatingToOperatingSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InformationRelatingToOperatingSegmentsAbstract" xml:lang="en-US" id="bap_InformationRelatingToOperatingSegmentsAbstract">Information relating to operating segments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InformationRelatingToOperatingSegmentsAbstract" xlink:to="bap_InformationRelatingToOperatingSegmentsAbstract" xlink:title="label: InformationRelatingToOperatingSegmentsAbstract to bap_InformationRelatingToOperatingSegmentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevenueFromOtherSegments" xlink:label="RevenueFromOtherSegments" xlink:title="RevenueFromOtherSegments" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromOtherSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevenueFromOtherSegments_lbl" xml:lang="en-US" id="bap_RevenueFromOtherSegments_lbl">The amount of income from other segments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromOtherSegments" xlink:to="bap_RevenueFromOtherSegments_lbl" xlink:title="label: RevenueFromOtherSegments to bap_RevenueFromOtherSegments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromOtherSegments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevenueFromOtherSegments_lbl1" xml:lang="en-US" id="bap_RevenueFromOtherSegments_lbl1">Revenue from other segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromOtherSegments" xlink:to="bap_RevenueFromOtherSegments_lbl1" xlink:title="label: RevenueFromOtherSegments to bap_RevenueFromOtherSegments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromOtherSegments" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_RevenueFromOtherSegments" xml:lang="en-US" id="bap_RevenueFromOtherSegments">From other segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromOtherSegments" xlink:to="bap_RevenueFromOtherSegments" xlink:title="label: RevenueFromOtherSegments to bap_RevenueFromOtherSegments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepreciationAmortizationAndRightInUse" xlink:label="DepreciationAmortizationAndRightInUse" xlink:title="DepreciationAmortizationAndRightInUse" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationAmortizationAndRightInUse_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepreciationAmortizationAndRightInUse_lbl" xml:lang="en-US" id="bap_DepreciationAmortizationAndRightInUse_lbl">The amount includes expenses related to depreciation, amortization and right in use.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortizationAndRightInUse" xlink:to="bap_DepreciationAmortizationAndRightInUse_lbl" xlink:title="label: DepreciationAmortizationAndRightInUse to bap_DepreciationAmortizationAndRightInUse_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationAmortizationAndRightInUse_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepreciationAmortizationAndRightInUse_lbl1" xml:lang="en-US" id="bap_DepreciationAmortizationAndRightInUse_lbl1">Depreciation, amortization and right in use</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortizationAndRightInUse" xlink:to="bap_DepreciationAmortizationAndRightInUse_lbl1" xlink:title="label: DepreciationAmortizationAndRightInUse to bap_DepreciationAmortizationAndRightInUse_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepreciationAmortizationAndRightInUse" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DepreciationAmortizationAndRightInUse" xml:lang="en-US" id="bap_DepreciationAmortizationAndRightInUse">Depreciation, amortization and right in use</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepreciationAmortizationAndRightInUse" xlink:to="bap_DepreciationAmortizationAndRightInUse" xlink:title="label: DepreciationAmortizationAndRightInUse to bap_DepreciationAmortizationAndRightInUse" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CapitalExpendituresIntangiblesAndgoodwill" xlink:label="CapitalExpendituresIntangiblesAndgoodwill" xlink:title="CapitalExpendituresIntangiblesAndgoodwill" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl" xml:lang="en-US" id="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl">The amount of capital expenditures, intangibles and goodwill.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalExpendituresIntangiblesAndgoodwill" xlink:to="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl" xlink:title="label: CapitalExpendituresIntangiblesAndgoodwill to bap_CapitalExpendituresIntangiblesAndgoodwill_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl1" xml:lang="en-US" id="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl1">Capital expenditures intangibles and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalExpendituresIntangiblesAndgoodwill" xlink:to="bap_CapitalExpendituresIntangiblesAndgoodwill_lbl1" xlink:title="label: CapitalExpendituresIntangiblesAndgoodwill to bap_CapitalExpendituresIntangiblesAndgoodwill_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalExpendituresIntangiblesAndgoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CapitalExpendituresIntangiblesAndgoodwill" xml:lang="en-US" id="bap_CapitalExpendituresIntangiblesAndgoodwill">Additions of fixed assets, intangibles and goodwill</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalExpendituresIntangiblesAndgoodwill" xlink:to="bap_CapitalExpendituresIntangiblesAndgoodwill" xlink:title="label: CapitalExpendituresIntangiblesAndgoodwill to bap_CapitalExpendituresIntangiblesAndgoodwill" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevenueFromExternalSegments" xlink:label="RevenueFromExternalSegments" xlink:title="RevenueFromExternalSegments" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromExternalSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevenueFromExternalSegments_lbl" xml:lang="en-US" id="bap_RevenueFromExternalSegments_lbl">The income arising in the course of an entity's ordinary activities from external business sources.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromExternalSegments" xlink:to="bap_RevenueFromExternalSegments_lbl" xlink:title="label: RevenueFromExternalSegments to bap_RevenueFromExternalSegments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromExternalSegments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevenueFromExternalSegments_lbl1" xml:lang="en-US" id="bap_RevenueFromExternalSegments_lbl1">Revenue from external segments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromExternalSegments" xlink:to="bap_RevenueFromExternalSegments_lbl1" xlink:title="label: RevenueFromExternalSegments to bap_RevenueFromExternalSegments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevenueFromExternalSegments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevenueFromExternalSegments" xml:lang="en-US" id="bap_RevenueFromExternalSegments">External</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromExternalSegments" xlink:to="bap_RevenueFromExternalSegments" xlink:title="label: RevenueFromExternalSegments to bap_RevenueFromExternalSegments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentManagementAndAdvisoryMember" xlink:label="InvestmentManagementAndAdvisoryMember" xlink:title="InvestmentManagementAndAdvisoryMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentManagementAndAdvisoryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentManagementAndAdvisoryMember_lbl" xml:lang="en-US" id="bap_InvestmentManagementAndAdvisoryMember_lbl">This member stands for investment management and advisory.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentManagementAndAdvisoryMember" xlink:to="bap_InvestmentManagementAndAdvisoryMember_lbl" xlink:title="label: InvestmentManagementAndAdvisoryMember to bap_InvestmentManagementAndAdvisoryMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentManagementAndAdvisoryMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentManagementAndAdvisoryMember_lbl1" xml:lang="en-US" id="bap_InvestmentManagementAndAdvisoryMember_lbl1">Investment Management and Advisory [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentManagementAndAdvisoryMember" xlink:to="bap_InvestmentManagementAndAdvisoryMember_lbl1" xlink:title="label: InvestmentManagementAndAdvisoryMember to bap_InvestmentManagementAndAdvisoryMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentManagementAndAdvisoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentManagementAndAdvisoryMember" xml:lang="en-US" id="bap_InvestmentManagementAndAdvisoryMember">Investment Management &amp; Advisory [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentManagementAndAdvisoryMember" xlink:to="bap_InvestmentManagementAndAdvisoryMember" xlink:title="label: InvestmentManagementAndAdvisoryMember to bap_InvestmentManagementAndAdvisoryMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UniversalBankingMember" xlink:label="UniversalBankingMember" xlink:title="UniversalBankingMember" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UniversalBankingMember_lbl" xml:lang="en-US" id="bap_UniversalBankingMember_lbl">This member stands for the name of subsidiary for entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingMember" xlink:to="bap_UniversalBankingMember_lbl" xlink:title="label: UniversalBankingMember to bap_UniversalBankingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UniversalBankingMember_lbl1" xml:lang="en-US" id="bap_UniversalBankingMember_lbl1">Universal Banking [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingMember" xlink:to="bap_UniversalBankingMember_lbl1" xlink:title="label: UniversalBankingMember to bap_UniversalBankingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UniversalBankingMember" xml:lang="en-US" id="bap_UniversalBankingMember">Universal Banking [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingMember" xlink:to="bap_UniversalBankingMember" xlink:title="label: UniversalBankingMember to bap_UniversalBankingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:label="UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:title="UniversalBankingBancoDeCreditoDeBoliviaMember" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl" xml:lang="en-US" id="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl">This member stands for the name of subsidiary for entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:to="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl" xlink:title="label: UniversalBankingBancoDeCreditoDeBoliviaMember to bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl1" xml:lang="en-US" id="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl1">Universal Banking Banco De Credito De Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:to="bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl1" xlink:title="label: UniversalBankingBancoDeCreditoDeBoliviaMember to bap_UniversalBankingBancoDeCreditoDeBoliviaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UniversalBankingBancoDeCreditoDeBoliviaMember" xml:lang="en-US" id="bap_UniversalBankingBancoDeCreditoDeBoliviaMember">Universal Banking Banco de Credito de Bolivia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:to="bap_UniversalBankingBancoDeCreditoDeBoliviaMember" xlink:title="label: UniversalBankingBancoDeCreditoDeBoliviaMember to bap_UniversalBankingBancoDeCreditoDeBoliviaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UniversalBankingBancoDeCrditoDelPeruMember" xlink:label="UniversalBankingBancoDeCrditoDelPeruMember" xlink:title="UniversalBankingBancoDeCrditoDelPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl" xml:lang="en-US" id="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl">This member stands for the name of subsidiary for entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCrditoDelPeruMember" xlink:to="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl" xlink:title="label: UniversalBankingBancoDeCrditoDelPeruMember to bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl1" xml:lang="en-US" id="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl1">Universal Banking Banco De Crdito Del Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCrditoDelPeruMember" xlink:to="bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl1" xlink:title="label: UniversalBankingBancoDeCrditoDelPeruMember to bap_UniversalBankingBancoDeCrditoDelPeruMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UniversalBankingBancoDeCrditoDelPeruMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_UniversalBankingBancoDeCrditoDelPeruMember" xml:lang="en-US" id="bap_UniversalBankingBancoDeCrditoDelPeruMember">Universal Banking Banco de Crdito del Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UniversalBankingBancoDeCrditoDelPeruMember" xlink:to="bap_UniversalBankingBancoDeCrditoDelPeruMember" xlink:title="label: UniversalBankingBancoDeCrditoDelPeruMember to bap_UniversalBankingBancoDeCrditoDelPeruMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MicrofinanceMember" xlink:label="MicrofinanceMember" xlink:title="MicrofinanceMember" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MicrofinanceMember_lbl" xml:lang="en-US" id="bap_MicrofinanceMember_lbl">This member stands for Microfinance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMember" xlink:to="bap_MicrofinanceMember_lbl" xlink:title="label: MicrofinanceMember to bap_MicrofinanceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MicrofinanceMember_lbl1" xml:lang="en-US" id="bap_MicrofinanceMember_lbl1">Microfinance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMember" xlink:to="bap_MicrofinanceMember_lbl1" xlink:title="label: MicrofinanceMember to bap_MicrofinanceMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MicrofinanceMibancoMember" xlink:label="MicrofinanceMibancoMember" xlink:title="MicrofinanceMibancoMember" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MicrofinanceMibancoMember_lbl" xml:lang="en-US" id="bap_MicrofinanceMibancoMember_lbl">This member stands for Microfinance related to subsidiary Mibanco.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoMember" xlink:to="bap_MicrofinanceMibancoMember_lbl" xlink:title="label: MicrofinanceMibancoMember to bap_MicrofinanceMibancoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MicrofinanceMibancoMember_lbl1" xml:lang="en-US" id="bap_MicrofinanceMibancoMember_lbl1">Microfinance Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoMember" xlink:to="bap_MicrofinanceMibancoMember_lbl1" xlink:title="label: MicrofinanceMibancoMember to bap_MicrofinanceMibancoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MicrofinanceMibancoMember" xml:lang="en-US" id="bap_MicrofinanceMibancoMember">Microfinance Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoMember" xlink:to="bap_MicrofinanceMibancoMember" xlink:title="label: MicrofinanceMibancoMember to bap_MicrofinanceMibancoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MicrofinanceMibancoColombiaMember" xlink:label="MicrofinanceMibancoColombiaMember" xlink:title="MicrofinanceMibancoColombiaMember" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoColombiaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MicrofinanceMibancoColombiaMember_lbl" xml:lang="en-US" id="bap_MicrofinanceMibancoColombiaMember_lbl">This member stands for Microfinance Mibanco Colombia.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoColombiaMember" xlink:to="bap_MicrofinanceMibancoColombiaMember_lbl" xlink:title="label: MicrofinanceMibancoColombiaMember to bap_MicrofinanceMibancoColombiaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoColombiaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MicrofinanceMibancoColombiaMember_lbl1" xml:lang="en-US" id="bap_MicrofinanceMibancoColombiaMember_lbl1">Microfinance Mibanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoColombiaMember" xlink:to="bap_MicrofinanceMibancoColombiaMember_lbl1" xlink:title="label: MicrofinanceMibancoColombiaMember to bap_MicrofinanceMibancoColombiaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MicrofinanceMibancoColombiaMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_MicrofinanceMibancoColombiaMember" xml:lang="en-US" id="bap_MicrofinanceMibancoColombiaMember">MiBanco Colombia [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicrofinanceMibancoColombiaMember" xlink:to="bap_MicrofinanceMibancoColombiaMember" xlink:title="label: MicrofinanceMibancoColombiaMember to bap_MicrofinanceMibancoColombiaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DividendDistributionAbstract" xlink:label="DividendDistributionAbstract" xlink:title="DividendDistributionAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DividendDistributionAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DividendDistributionAbstract_lbl1" xml:lang="en-US" id="bap_DividendDistributionAbstract_lbl1">Dividend distribution [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendDistributionAbstract" xlink:to="bap_DividendDistributionAbstract_lbl1" xlink:title="label: DividendDistributionAbstract to bap_DividendDistributionAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DividendDistributionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DividendDistributionAbstract" xml:lang="en-US" id="bap_DividendDistributionAbstract">Dividend distribution [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendDistributionAbstract" xlink:to="bap_DividendDistributionAbstract" xlink:title="label: DividendDistributionAbstract to bap_DividendDistributionAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterimDividendPayable" xlink:label="InterimDividendPayable" xlink:title="InterimDividendPayable" />
    <link:label xlink:type="resource" xlink:label="bap_InterimDividendPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterimDividendPayable_lbl" xml:lang="en-US" id="bap_InterimDividendPayable_lbl">The amount of interim dividends that the company has declared.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendPayable" xlink:to="bap_InterimDividendPayable_lbl" xlink:title="label: InterimDividendPayable to bap_InterimDividendPayable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterimDividendPayable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterimDividendPayable_lbl1" xml:lang="en-US" id="bap_InterimDividendPayable_lbl1">Interim dividend payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendPayable" xlink:to="bap_InterimDividendPayable_lbl1" xlink:title="label: InterimDividendPayable to bap_InterimDividendPayable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterimDividendPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterimDividendPayable" xml:lang="en-US" id="bap_InterimDividendPayable">Interim dividend payable</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterimDividendPayable" xlink:to="bap_InterimDividendPayable" xlink:title="label: InterimDividendPayable to bap_InterimDividendPayable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WithholdingTaxRate" xlink:label="WithholdingTaxRate" xlink:title="WithholdingTaxRate" />
    <link:label xlink:type="resource" xlink:label="bap_WithholdingTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WithholdingTaxRate_lbl" xml:lang="en-US" id="bap_WithholdingTaxRate_lbl">The rate of withholding tax effect on foreign transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithholdingTaxRate" xlink:to="bap_WithholdingTaxRate_lbl" xlink:title="label: WithholdingTaxRate to bap_WithholdingTaxRate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WithholdingTaxRate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WithholdingTaxRate_lbl1" xml:lang="en-US" id="bap_WithholdingTaxRate_lbl1">Withholding tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithholdingTaxRate" xlink:to="bap_WithholdingTaxRate_lbl1" xlink:title="label: WithholdingTaxRate to bap_WithholdingTaxRate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WithholdingTaxRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WithholdingTaxRate" xml:lang="en-US" id="bap_WithholdingTaxRate">Withholding tax rate</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithholdingTaxRate" xlink:to="bap_WithholdingTaxRate" xlink:title="label: WithholdingTaxRate to bap_WithholdingTaxRate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DateOfDividendsPayout" xlink:label="DateOfDividendsPayout" xlink:title="DateOfDividendsPayout" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfDividendsPayout_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DateOfDividendsPayout_lbl" xml:lang="en-US" id="bap_DateOfDividendsPayout_lbl">The date of dividends payout to the shareholders by the entity, in YYYY-MM-DD format.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfDividendsPayout" xlink:to="bap_DateOfDividendsPayout_lbl" xlink:title="label: DateOfDividendsPayout to bap_DateOfDividendsPayout_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfDividendsPayout_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DateOfDividendsPayout_lbl1" xml:lang="en-US" id="bap_DateOfDividendsPayout_lbl1">Date of dividends payout</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfDividendsPayout" xlink:to="bap_DateOfDividendsPayout_lbl1" xlink:title="label: DateOfDividendsPayout to bap_DateOfDividendsPayout_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfDividendsPayout" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DateOfDividendsPayout" xml:lang="en-US" id="bap_DateOfDividendsPayout">Date of dividends payout</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfDividendsPayout" xlink:to="bap_DateOfDividendsPayout" xlink:title="label: DateOfDividendsPayout to bap_DateOfDividendsPayout" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DateOfMeetingHeldByManagementForDividendsDeclared" xlink:label="DateOfMeetingHeldByManagementForDividendsDeclared" xlink:title="DateOfMeetingHeldByManagementForDividendsDeclared" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl" xml:lang="en-US" id="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl">The date of meeting held by board of directors for the dividends declare to shareholders.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfMeetingHeldByManagementForDividendsDeclared" xlink:to="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl" xlink:title="label: DateOfMeetingHeldByManagementForDividendsDeclared to bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl1" xml:lang="en-US" id="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl1">Date of meeting held by management for dividends declared</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfMeetingHeldByManagementForDividendsDeclared" xlink:to="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl1" xlink:title="label: DateOfMeetingHeldByManagementForDividendsDeclared to bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfMeetingHeldByManagementForDividendsDeclared" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DateOfMeetingHeldByManagementForDividendsDeclared" xml:lang="en-US" id="bap_DateOfMeetingHeldByManagementForDividendsDeclared">Date of meeting held by management for dividends declared</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfMeetingHeldByManagementForDividendsDeclared" xlink:to="bap_DateOfMeetingHeldByManagementForDividendsDeclared" xlink:title="label: DateOfMeetingHeldByManagementForDividendsDeclared to bap_DateOfMeetingHeldByManagementForDividendsDeclared" />
    <link:label xlink:type="resource" xlink:label="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl2" xml:lang="en-US" id="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl2">Date of Meeting - Board of Directors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DateOfMeetingHeldByManagementForDividendsDeclared" xlink:to="bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl2" xlink:title="label: DateOfMeetingHeldByManagementForDividendsDeclared to bap_DateOfMeetingHeldByManagementForDividendsDeclared_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalServiciosFinancierosMember" xlink:label="CredicorpCapitalServiciosFinancierosMember" xlink:title="CredicorpCapitalServiciosFinancierosMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalServiciosFinancierosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalServiciosFinancierosMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalServiciosFinancierosMember_lbl">This member stands for Credicorp Capital Servicios Financieros.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalServiciosFinancierosMember" xlink:to="bap_CredicorpCapitalServiciosFinancierosMember_lbl" xlink:title="label: CredicorpCapitalServiciosFinancierosMember to bap_CredicorpCapitalServiciosFinancierosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalServiciosFinancierosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalServiciosFinancierosMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalServiciosFinancierosMember_lbl1">Credicorp capital servicios financieros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalServiciosFinancierosMember" xlink:to="bap_CredicorpCapitalServiciosFinancierosMember_lbl1" xlink:title="label: CredicorpCapitalServiciosFinancierosMember to bap_CredicorpCapitalServiciosFinancierosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalServiciosFinancierosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CredicorpCapitalServiciosFinancierosMember" xml:lang="en-US" id="bap_CredicorpCapitalServiciosFinancierosMember">Credicorp Capital Servicios Financieros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalServiciosFinancierosMember" xlink:to="bap_CredicorpCapitalServiciosFinancierosMember" xlink:title="label: CredicorpCapitalServiciosFinancierosMember to bap_CredicorpCapitalServiciosFinancierosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrupoCreditoSAMember" xlink:label="GrupoCreditoSAMember" xlink:title="GrupoCreditoSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCreditoSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrupoCreditoSAMember_lbl" xml:lang="en-US" id="bap_GrupoCreditoSAMember_lbl">This member stands for Grupo Credito S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCreditoSAMember" xlink:to="bap_GrupoCreditoSAMember_lbl" xlink:title="label: GrupoCreditoSAMember to bap_GrupoCreditoSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCreditoSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrupoCreditoSAMember_lbl1" xml:lang="en-US" id="bap_GrupoCreditoSAMember_lbl1">Grupo Credito S.A. [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCreditoSAMember" xlink:to="bap_GrupoCreditoSAMember_lbl1" xlink:title="label: GrupoCreditoSAMember to bap_GrupoCreditoSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCreditoSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrupoCreditoSAMember" xml:lang="en-US" id="bap_GrupoCreditoSAMember">Grupo Credito [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCreditoSAMember" xlink:to="bap_GrupoCreditoSAMember" xlink:title="label: GrupoCreditoSAMember to bap_GrupoCreditoSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:label="AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:title="AtlanticSecurityHoldingCorporationTreasurySharesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl">This member stands for atlantic security holding corporation treasury shares.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl" xlink:title="label: AtlanticSecurityHoldingCorporationTreasurySharesMember to bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl1" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl1">Atlantic security holding corporation treasury shares [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl1" xlink:title="label: AtlanticSecurityHoldingCorporationTreasurySharesMember to bap_AtlanticSecurityHoldingCorporationTreasurySharesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember" xml:lang="en-US" id="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember">Atlantic Security Holding Corporation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:to="bap_AtlanticSecurityHoldingCorporationTreasurySharesMember" xlink:title="label: AtlanticSecurityHoldingCorporationTreasurySharesMember to bap_AtlanticSecurityHoldingCorporationTreasurySharesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MibancoBancoDeLaMicroempresaMember" xlink:label="MibancoBancoDeLaMicroempresaMember" xlink:title="MibancoBancoDeLaMicroempresaMember" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MibancoBancoDeLaMicroempresaMember_lbl" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaMember_lbl">The member stands for Mibanco Banco de la Microempresa S A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaMember" xlink:to="bap_MibancoBancoDeLaMicroempresaMember_lbl" xlink:title="label: MibancoBancoDeLaMicroempresaMember to bap_MibancoBancoDeLaMicroempresaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MibancoBancoDeLaMicroempresaMember_lbl1" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaMember_lbl1">Mibanco Banco de la Microempresa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaMember" xlink:to="bap_MibancoBancoDeLaMicroempresaMember_lbl1" xlink:title="label: MibancoBancoDeLaMicroempresaMember to bap_MibancoBancoDeLaMicroempresaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MibancoBancoDeLaMicroempresaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MibancoBancoDeLaMicroempresaMember" xml:lang="en-US" id="bap_MibancoBancoDeLaMicroempresaMember">Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MibancoBancoDeLaMicroempresaMember" xlink:to="bap_MibancoBancoDeLaMicroempresaMember" xlink:title="label: MibancoBancoDeLaMicroempresaMember to bap_MibancoBancoDeLaMicroempresaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtlanticSecurityInternationalFinancialServicesMember" xlink:label="AtlanticSecurityInternationalFinancialServicesMember" xlink:title="AtlanticSecurityInternationalFinancialServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl" xml:lang="en-US" id="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl">This member stands for Atlantic Security International Financial Services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityInternationalFinancialServicesMember" xlink:to="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl" xlink:title="label: AtlanticSecurityInternationalFinancialServicesMember to bap_AtlanticSecurityInternationalFinancialServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl1" xml:lang="en-US" id="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl1">Atlantic Security International Financial Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityInternationalFinancialServicesMember" xlink:to="bap_AtlanticSecurityInternationalFinancialServicesMember_lbl1" xlink:title="label: AtlanticSecurityInternationalFinancialServicesMember to bap_AtlanticSecurityInternationalFinancialServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityInternationalFinancialServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AtlanticSecurityInternationalFinancialServicesMember" xml:lang="en-US" id="bap_AtlanticSecurityInternationalFinancialServicesMember">Atlantic Security International Financial Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityInternationalFinancialServicesMember" xlink:to="bap_AtlanticSecurityInternationalFinancialServicesMember" xlink:title="label: AtlanticSecurityInternationalFinancialServicesMember to bap_AtlanticSecurityInternationalFinancialServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TreasuryStockAbstract" xlink:label="TreasuryStockAbstract" xlink:title="TreasuryStockAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TreasuryStockAbstract_lbl1" xml:lang="en-US" id="bap_TreasuryStockAbstract_lbl1">Treasury stock [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockAbstract" xlink:to="bap_TreasuryStockAbstract_lbl1" xlink:title="label: TreasuryStockAbstract to bap_TreasuryStockAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TreasuryStockAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TreasuryStockAbstract" xml:lang="en-US" id="bap_TreasuryStockAbstract">Treasury Stock [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TreasuryStockAbstract" xlink:to="bap_TreasuryStockAbstract" xlink:title="label: TreasuryStockAbstract to bap_TreasuryStockAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfTreasuryStockGrantedToEmployees" xlink:label="NumberOfTreasuryStockGrantedToEmployees" xlink:title="NumberOfTreasuryStockGrantedToEmployees" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasuryStockGrantedToEmployees_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfTreasuryStockGrantedToEmployees_lbl" xml:lang="en-US" id="bap_NumberOfTreasuryStockGrantedToEmployees_lbl">The number of treasury stock that were granted to employees and senior management, for which they have the right to vote.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasuryStockGrantedToEmployees" xlink:to="bap_NumberOfTreasuryStockGrantedToEmployees_lbl" xlink:title="label: NumberOfTreasuryStockGrantedToEmployees to bap_NumberOfTreasuryStockGrantedToEmployees_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasuryStockGrantedToEmployees_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfTreasuryStockGrantedToEmployees_lbl1" xml:lang="en-US" id="bap_NumberOfTreasuryStockGrantedToEmployees_lbl1">Number of treasury stock granted to employees</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasuryStockGrantedToEmployees" xlink:to="bap_NumberOfTreasuryStockGrantedToEmployees_lbl1" xlink:title="label: NumberOfTreasuryStockGrantedToEmployees to bap_NumberOfTreasuryStockGrantedToEmployees_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasuryStockGrantedToEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfTreasuryStockGrantedToEmployees" xml:lang="en-US" id="bap_NumberOfTreasuryStockGrantedToEmployees">Number of shares, shared-based payment (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasuryStockGrantedToEmployees" xlink:to="bap_NumberOfTreasuryStockGrantedToEmployees" xlink:title="label: NumberOfTreasuryStockGrantedToEmployees to bap_NumberOfTreasuryStockGrantedToEmployees" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PurchaseOfNumberOfTreasuryShares" xlink:label="PurchaseOfNumberOfTreasuryShares" xlink:title="PurchaseOfNumberOfTreasuryShares" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfNumberOfTreasuryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PurchaseOfNumberOfTreasuryShares_lbl" xml:lang="en-US" id="bap_PurchaseOfNumberOfTreasuryShares_lbl">The number of treasury stock purchased during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfNumberOfTreasuryShares" xlink:to="bap_PurchaseOfNumberOfTreasuryShares_lbl" xlink:title="label: PurchaseOfNumberOfTreasuryShares to bap_PurchaseOfNumberOfTreasuryShares_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfNumberOfTreasuryShares_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PurchaseOfNumberOfTreasuryShares_lbl1" xml:lang="en-US" id="bap_PurchaseOfNumberOfTreasuryShares_lbl1">Purchase of number of treasury shares</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfNumberOfTreasuryShares" xlink:to="bap_PurchaseOfNumberOfTreasuryShares_lbl1" xlink:title="label: PurchaseOfNumberOfTreasuryShares to bap_PurchaseOfNumberOfTreasuryShares_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PurchaseOfNumberOfTreasuryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PurchaseOfNumberOfTreasuryShares" xml:lang="en-US" id="bap_PurchaseOfNumberOfTreasuryShares">Purchase of number of treasury shares (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PurchaseOfNumberOfTreasuryShares" xlink:to="bap_PurchaseOfNumberOfTreasuryShares" xlink:title="label: PurchaseOfNumberOfTreasuryShares to bap_PurchaseOfNumberOfTreasuryShares" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfTreasurySharesAttributableToParent" xlink:label="NumberOfTreasurySharesAttributableToParent" xlink:title="NumberOfTreasurySharesAttributableToParent" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasurySharesAttributableToParent_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfTreasurySharesAttributableToParent_lbl" xml:lang="en-US" id="bap_NumberOfTreasurySharesAttributableToParent_lbl">The number of treasury shares attributable to Credicorp Capital Ltd and Subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasurySharesAttributableToParent" xlink:to="bap_NumberOfTreasurySharesAttributableToParent_lbl" xlink:title="label: NumberOfTreasurySharesAttributableToParent to bap_NumberOfTreasurySharesAttributableToParent_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasurySharesAttributableToParent_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfTreasurySharesAttributableToParent_lbl1" xml:lang="en-US" id="bap_NumberOfTreasurySharesAttributableToParent_lbl1">Number of treasury shares attributable to parent</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasurySharesAttributableToParent" xlink:to="bap_NumberOfTreasurySharesAttributableToParent_lbl1" xlink:title="label: NumberOfTreasurySharesAttributableToParent to bap_NumberOfTreasurySharesAttributableToParent_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfTreasurySharesAttributableToParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfTreasurySharesAttributableToParent" xml:lang="en-US" id="bap_NumberOfTreasurySharesAttributableToParent">Number of treasury shares (in shares)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfTreasurySharesAttributableToParent" xlink:to="bap_NumberOfTreasurySharesAttributableToParent" xlink:title="label: NumberOfTreasurySharesAttributableToParent to bap_NumberOfTreasurySharesAttributableToParent" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtlanticSecurityBankMember" xlink:label="AtlanticSecurityBankMember" xlink:title="AtlanticSecurityBankMember" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityBankMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AtlanticSecurityBankMember_lbl" xml:lang="en-US" id="bap_AtlanticSecurityBankMember_lbl">This member stands for Atlantic Security Bank.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityBankMember" xlink:to="bap_AtlanticSecurityBankMember_lbl" xlink:title="label: AtlanticSecurityBankMember to bap_AtlanticSecurityBankMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityBankMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtlanticSecurityBankMember_lbl1" xml:lang="en-US" id="bap_AtlanticSecurityBankMember_lbl1">Atlantic security bank [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityBankMember" xlink:to="bap_AtlanticSecurityBankMember_lbl1" xlink:title="label: AtlanticSecurityBankMember to bap_AtlanticSecurityBankMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtlanticSecurityBankMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AtlanticSecurityBankMember" xml:lang="en-US" id="bap_AtlanticSecurityBankMember">ASB Bank Corp [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtlanticSecurityBankMember" xlink:to="bap_AtlanticSecurityBankMember" xlink:title="label: AtlanticSecurityBankMember to bap_AtlanticSecurityBankMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PacficoSegurosMember" xlink:label="PacficoSegurosMember" xlink:title="PacficoSegurosMember" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoSegurosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PacficoSegurosMember_lbl" xml:lang="en-US" id="bap_PacficoSegurosMember_lbl">This member stands for Pacfico Seguros.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoSegurosMember" xlink:to="bap_PacficoSegurosMember_lbl" xlink:title="label: PacficoSegurosMember to bap_PacficoSegurosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoSegurosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PacficoSegurosMember_lbl1" xml:lang="en-US" id="bap_PacficoSegurosMember_lbl1">Pacfico Seguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoSegurosMember" xlink:to="bap_PacficoSegurosMember_lbl1" xlink:title="label: PacficoSegurosMember to bap_PacficoSegurosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PacficoSegurosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PacficoSegurosMember" xml:lang="en-US" id="bap_PacficoSegurosMember">Pacfico Seguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacficoSegurosMember" xlink:to="bap_PacficoSegurosMember" xlink:title="label: PacficoSegurosMember to bap_PacficoSegurosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RegulatoryCapitalAbstract" xlink:label="RegulatoryCapitalAbstract" xlink:title="RegulatoryCapitalAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_RegulatoryCapitalAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RegulatoryCapitalAbstract_lbl1" xml:lang="en-US" id="bap_RegulatoryCapitalAbstract_lbl1">Regulatory capital [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RegulatoryCapitalAbstract" xlink:to="bap_RegulatoryCapitalAbstract_lbl1" xlink:title="label: RegulatoryCapitalAbstract to bap_RegulatoryCapitalAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseOfCapitalRequirement" xlink:label="IncreaseOfCapitalRequirement" xlink:title="IncreaseOfCapitalRequirement" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseOfCapitalRequirement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseOfCapitalRequirement_lbl" xml:lang="en-US" id="bap_IncreaseOfCapitalRequirement_lbl">The excess amount of capital commitment held by company during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseOfCapitalRequirement" xlink:to="bap_IncreaseOfCapitalRequirement_lbl" xlink:title="label: IncreaseOfCapitalRequirement to bap_IncreaseOfCapitalRequirement_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseOfCapitalRequirement_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseOfCapitalRequirement_lbl1" xml:lang="en-US" id="bap_IncreaseOfCapitalRequirement_lbl1">Increase of capital requirement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseOfCapitalRequirement" xlink:to="bap_IncreaseOfCapitalRequirement_lbl1" xlink:title="label: IncreaseOfCapitalRequirement to bap_IncreaseOfCapitalRequirement_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContingentRisksAndCommitmentsAbstract" xlink:label="ContingentRisksAndCommitmentsAbstract" xlink:title="ContingentRisksAndCommitmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ContingentRisksAndCommitmentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContingentRisksAndCommitmentsAbstract_lbl1" xml:lang="en-US" id="bap_ContingentRisksAndCommitmentsAbstract_lbl1">CONTINGENT RISKS AND COMMITMENTS [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentRisksAndCommitmentsAbstract" xlink:to="bap_ContingentRisksAndCommitmentsAbstract_lbl1" xlink:title="label: ContingentRisksAndCommitmentsAbstract to bap_ContingentRisksAndCommitmentsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:label="DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:title="DisclosureOfContingentRisksAndCommitmentsTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl">The disclosure of contingent risks and commitments. [Refer: Contingent liabilities [member]]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:to="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl" xlink:title="label: DisclosureOfContingentRisksAndCommitmentsTextBlock to bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl1">Disclosure of contingent risks and commitments [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:to="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl1" xlink:title="label: DisclosureOfContingentRisksAndCommitmentsTextBlock to bap_DisclosureOfContingentRisksAndCommitmentsTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock" xml:lang="en-US" id="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock">CONTINGENT RISKS AND COMMITMENTS</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:to="bap_DisclosureOfContingentRisksAndCommitmentsTextBlock" xlink:title="label: DisclosureOfContingentRisksAndCommitmentsTextBlock to bap_DisclosureOfContingentRisksAndCommitmentsTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ResponsibilitiesUnderCreditLineAgreements" xlink:label="ResponsibilitiesUnderCreditLineAgreements" xlink:title="ResponsibilitiesUnderCreditLineAgreements" />
    <link:label xlink:type="resource" xlink:label="bap_ResponsibilitiesUnderCreditLineAgreements_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ResponsibilitiesUnderCreditLineAgreements_lbl" xml:lang="en-US" id="bap_ResponsibilitiesUnderCreditLineAgreements_lbl">The amount of responsibilities under credit line agreements are not recorded in balance sheet since they are off-balance sheet items.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResponsibilitiesUnderCreditLineAgreements" xlink:to="bap_ResponsibilitiesUnderCreditLineAgreements_lbl" xlink:title="label: ResponsibilitiesUnderCreditLineAgreements to bap_ResponsibilitiesUnderCreditLineAgreements_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ResponsibilitiesUnderCreditLineAgreements_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ResponsibilitiesUnderCreditLineAgreements_lbl1" xml:lang="en-US" id="bap_ResponsibilitiesUnderCreditLineAgreements_lbl1">Responsibilities under credit line agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResponsibilitiesUnderCreditLineAgreements" xlink:to="bap_ResponsibilitiesUnderCreditLineAgreements_lbl1" xlink:title="label: ResponsibilitiesUnderCreditLineAgreements to bap_ResponsibilitiesUnderCreditLineAgreements_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ResponsibilitiesUnderCreditLineAgreements" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ResponsibilitiesUnderCreditLineAgreements" xml:lang="en-US" id="bap_ResponsibilitiesUnderCreditLineAgreements">Responsibilities under credit line agreements</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResponsibilitiesUnderCreditLineAgreements" xlink:to="bap_ResponsibilitiesUnderCreditLineAgreements" xlink:title="label: ResponsibilitiesUnderCreditLineAgreements to bap_ResponsibilitiesUnderCreditLineAgreements" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OffBalanceSheetAmountAsset" xlink:label="OffBalanceSheetAmountAsset" xlink:title="OffBalanceSheetAmountAsset" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetAmountAsset_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OffBalanceSheetAmountAsset_lbl" xml:lang="en-US" id="bap_OffBalanceSheetAmountAsset_lbl">The total amount of assets, which are not recorded in the balance sheet since they are off-balance sheet items.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetAmountAsset" xlink:to="bap_OffBalanceSheetAmountAsset_lbl" xlink:title="label: OffBalanceSheetAmountAsset to bap_OffBalanceSheetAmountAsset_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetAmountAsset_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OffBalanceSheetAmountAsset_lbl1" xml:lang="en-US" id="bap_OffBalanceSheetAmountAsset_lbl1">Off-balance sheet, amount, asset</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetAmountAsset" xlink:to="bap_OffBalanceSheetAmountAsset_lbl1" xlink:title="label: OffBalanceSheetAmountAsset to bap_OffBalanceSheetAmountAsset_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetAmountAsset" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_OffBalanceSheetAmountAsset" xml:lang="en-US" id="bap_OffBalanceSheetAmountAsset">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetAmountAsset" xlink:to="bap_OffBalanceSheetAmountAsset" xlink:title="label: OffBalanceSheetAmountAsset to bap_OffBalanceSheetAmountAsset" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContingentCreditsIndirectLoansAbstract" xlink:label="ContingentCreditsIndirectLoansAbstract" xlink:title="ContingentCreditsIndirectLoansAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ContingentCreditsIndirectLoansAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContingentCreditsIndirectLoansAbstract_lbl1" xml:lang="en-US" id="bap_ContingentCreditsIndirectLoansAbstract_lbl1">Contingent credits indirect loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentCreditsIndirectLoansAbstract" xlink:to="bap_ContingentCreditsIndirectLoansAbstract_lbl1" xlink:title="label: ContingentCreditsIndirectLoansAbstract to bap_ContingentCreditsIndirectLoansAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContingentCreditsIndirectLoansAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContingentCreditsIndirectLoansAbstract" xml:lang="en-US" id="bap_ContingentCreditsIndirectLoansAbstract">Contingent Credits - Indirect Loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentCreditsIndirectLoansAbstract" xlink:to="bap_ContingentCreditsIndirectLoansAbstract" xlink:title="label: ContingentCreditsIndirectLoansAbstract to bap_ContingentCreditsIndirectLoansAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EndorsementsAndStandbyLettersMember" xlink:label="EndorsementsAndStandbyLettersMember" xlink:title="EndorsementsAndStandbyLettersMember" />
    <link:label xlink:type="resource" xlink:label="bap_EndorsementsAndStandbyLettersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EndorsementsAndStandbyLettersMember_lbl" xml:lang="en-US" id="bap_EndorsementsAndStandbyLettersMember_lbl">This member stands for endorsements and standby letters.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EndorsementsAndStandbyLettersMember" xlink:to="bap_EndorsementsAndStandbyLettersMember_lbl" xlink:title="label: EndorsementsAndStandbyLettersMember to bap_EndorsementsAndStandbyLettersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EndorsementsAndStandbyLettersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EndorsementsAndStandbyLettersMember_lbl1" xml:lang="en-US" id="bap_EndorsementsAndStandbyLettersMember_lbl1">Endorsements and standby letters [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EndorsementsAndStandbyLettersMember" xlink:to="bap_EndorsementsAndStandbyLettersMember_lbl1" xlink:title="label: EndorsementsAndStandbyLettersMember to bap_EndorsementsAndStandbyLettersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EndorsementsAndStandbyLettersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EndorsementsAndStandbyLettersMember" xml:lang="en-US" id="bap_EndorsementsAndStandbyLettersMember">Endorsements and Standby Letters [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EndorsementsAndStandbyLettersMember" xlink:to="bap_EndorsementsAndStandbyLettersMember" xlink:title="label: EndorsementsAndStandbyLettersMember to bap_EndorsementsAndStandbyLettersMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImportAndExportLettersOfCreditMember" xlink:label="ImportAndExportLettersOfCreditMember" xlink:title="ImportAndExportLettersOfCreditMember" />
    <link:label xlink:type="resource" xlink:label="bap_ImportAndExportLettersOfCreditMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImportAndExportLettersOfCreditMember_lbl" xml:lang="en-US" id="bap_ImportAndExportLettersOfCreditMember_lbl">This member stands for import and export letters of credit.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportAndExportLettersOfCreditMember" xlink:to="bap_ImportAndExportLettersOfCreditMember_lbl" xlink:title="label: ImportAndExportLettersOfCreditMember to bap_ImportAndExportLettersOfCreditMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImportAndExportLettersOfCreditMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImportAndExportLettersOfCreditMember_lbl1" xml:lang="en-US" id="bap_ImportAndExportLettersOfCreditMember_lbl1">Import and export letters of credit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportAndExportLettersOfCreditMember" xlink:to="bap_ImportAndExportLettersOfCreditMember_lbl1" xlink:title="label: ImportAndExportLettersOfCreditMember to bap_ImportAndExportLettersOfCreditMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ImportAndExportLettersOfCreditMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ImportAndExportLettersOfCreditMember" xml:lang="en-US" id="bap_ImportAndExportLettersOfCreditMember">Import and Export Letters of Credit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImportAndExportLettersOfCreditMember" xlink:to="bap_ImportAndExportLettersOfCreditMember" xlink:title="label: ImportAndExportLettersOfCreditMember to bap_ImportAndExportLettersOfCreditMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OffBalanceSheetIndirectLoans" xlink:label="OffBalanceSheetIndirectLoans" xlink:title="OffBalanceSheetIndirectLoans" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetIndirectLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OffBalanceSheetIndirectLoans_lbl" xml:lang="en-US" id="bap_OffBalanceSheetIndirectLoans_lbl">The amount of indirect loans that are not recorded in the balance sheet since they are off-balance sheet items.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetIndirectLoans" xlink:to="bap_OffBalanceSheetIndirectLoans_lbl" xlink:title="label: OffBalanceSheetIndirectLoans to bap_OffBalanceSheetIndirectLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetIndirectLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OffBalanceSheetIndirectLoans_lbl1" xml:lang="en-US" id="bap_OffBalanceSheetIndirectLoans_lbl1">Off-balance sheet indirect loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetIndirectLoans" xlink:to="bap_OffBalanceSheetIndirectLoans_lbl1" xlink:title="label: OffBalanceSheetIndirectLoans to bap_OffBalanceSheetIndirectLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetIndirectLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OffBalanceSheetIndirectLoans" xml:lang="en-US" id="bap_OffBalanceSheetIndirectLoans">Indirect loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetIndirectLoans" xlink:to="bap_OffBalanceSheetIndirectLoans" xlink:title="label: OffBalanceSheetIndirectLoans to bap_OffBalanceSheetIndirectLoans" />
    <link:label xlink:type="resource" xlink:label="bap_OffBalanceSheetIndirectLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OffBalanceSheetIndirectLoans_lbl2" xml:lang="en-US" id="bap_OffBalanceSheetIndirectLoans_lbl2">Indirect loans, Note 18(a)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OffBalanceSheetIndirectLoans" xlink:to="bap_OffBalanceSheetIndirectLoans_lbl2" xlink:title="label: OffBalanceSheetIndirectLoans to bap_OffBalanceSheetIndirectLoans_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl">The disclosure of detailed information about contingent risks and commitments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl1">Disclosure of detailed information about contingent risks and commitments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock">Contingent risks and commitments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutContingentRisksAndCommitmentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityCapitalStockAbstract" xlink:label="EquityCapitalStockAbstract" xlink:title="EquityCapitalStockAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_EquityCapitalStockAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityCapitalStockAbstract_lbl1" xml:lang="en-US" id="bap_EquityCapitalStockAbstract_lbl1">Equity, capital stock [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityCapitalStockAbstract" xlink:to="bap_EquityCapitalStockAbstract_lbl1" xlink:title="label: EquityCapitalStockAbstract to bap_EquityCapitalStockAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityCapitalStockAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquityCapitalStockAbstract" xml:lang="en-US" id="bap_EquityCapitalStockAbstract">Share Capital [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityCapitalStockAbstract" xlink:to="bap_EquityCapitalStockAbstract" xlink:title="label: EquityCapitalStockAbstract to bap_EquityCapitalStockAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubsequentEventAbstract" xlink:label="SubsequentEventAbstract" xlink:title="SubsequentEventAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_SubsequentEventAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubsequentEventAbstract_lbl1" xml:lang="en-US" id="bap_SubsequentEventAbstract_lbl1">Subsequent event [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventAbstract" xlink:to="bap_SubsequentEventAbstract_lbl1" xlink:title="label: SubsequentEventAbstract to bap_SubsequentEventAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubsequentEventAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubsequentEventAbstract" xml:lang="en-US" id="bap_SubsequentEventAbstract">Subsequent Event [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubsequentEventAbstract" xlink:to="bap_SubsequentEventAbstract" xlink:title="label: SubsequentEventAbstract to bap_SubsequentEventAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondMaturityTerm" xlink:label="BondMaturityTerm" xlink:title="BondMaturityTerm" />
    <link:label xlink:type="resource" xlink:label="bap_BondMaturityTerm_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BondMaturityTerm_lbl" xml:lang="en-US" id="bap_BondMaturityTerm_lbl">Bond maturity term in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondMaturityTerm" xlink:to="bap_BondMaturityTerm_lbl" xlink:title="label: BondMaturityTerm to bap_BondMaturityTerm_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BondMaturityTerm_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondMaturityTerm_lbl1" xml:lang="en-US" id="bap_BondMaturityTerm_lbl1">Bond maturity term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondMaturityTerm" xlink:to="bap_BondMaturityTerm_lbl1" xlink:title="label: BondMaturityTerm to bap_BondMaturityTerm_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondMaturityTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondMaturityTerm" xml:lang="en-US" id="bap_BondMaturityTerm">Bond term</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondMaturityTerm" xlink:to="bap_BondMaturityTerm" xlink:title="label: BondMaturityTerm to bap_BondMaturityTerm" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StatedInterestRateOfBonds" xlink:label="StatedInterestRateOfBonds" xlink:title="StatedInterestRateOfBonds" />
    <link:label xlink:type="resource" xlink:label="bap_StatedInterestRateOfBonds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StatedInterestRateOfBonds_lbl" xml:lang="en-US" id="bap_StatedInterestRateOfBonds_lbl">Represents the stated interest rate of bonds issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatedInterestRateOfBonds" xlink:to="bap_StatedInterestRateOfBonds_lbl" xlink:title="label: StatedInterestRateOfBonds to bap_StatedInterestRateOfBonds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StatedInterestRateOfBonds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StatedInterestRateOfBonds_lbl1" xml:lang="en-US" id="bap_StatedInterestRateOfBonds_lbl1">Stated Interest Rate of Bonds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatedInterestRateOfBonds" xlink:to="bap_StatedInterestRateOfBonds_lbl1" xlink:title="label: StatedInterestRateOfBonds to bap_StatedInterestRateOfBonds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StatedInterestRateOfBonds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StatedInterestRateOfBonds" xml:lang="en-US" id="bap_StatedInterestRateOfBonds">Coupon rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatedInterestRateOfBonds" xlink:to="bap_StatedInterestRateOfBonds" xlink:title="label: StatedInterestRateOfBonds to bap_StatedInterestRateOfBonds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IssuedBondsAbstract" xlink:label="IssuedBondsAbstract" xlink:title="IssuedBondsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IssuedBondsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IssuedBondsAbstract_lbl1" xml:lang="en-US" id="bap_IssuedBondsAbstract_lbl1">Issued bonds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedBondsAbstract" xlink:to="bap_IssuedBondsAbstract_lbl1" xlink:title="label: IssuedBondsAbstract to bap_IssuedBondsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IssuedBondsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IssuedBondsAbstract" xml:lang="en-US" id="bap_IssuedBondsAbstract">Issued bonds [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IssuedBondsAbstract" xlink:to="bap_IssuedBondsAbstract" xlink:title="label: IssuedBondsAbstract to bap_IssuedBondsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DividendsPayableDateOfRecord" xlink:label="DividendsPayableDateOfRecord" xlink:title="DividendsPayableDateOfRecord" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableDateOfRecord_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DividendsPayableDateOfRecord_lbl" xml:lang="en-US" id="bap_DividendsPayableDateOfRecord_lbl">Date the holder must own the stock to be entitled to the dividend, in YYYY-MM-DD format.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableDateOfRecord" xlink:to="bap_DividendsPayableDateOfRecord_lbl" xlink:title="label: DividendsPayableDateOfRecord to bap_DividendsPayableDateOfRecord_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableDateOfRecord_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DividendsPayableDateOfRecord_lbl1" xml:lang="en-US" id="bap_DividendsPayableDateOfRecord_lbl1">Dividends payable date of record</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableDateOfRecord" xlink:to="bap_DividendsPayableDateOfRecord_lbl1" xlink:title="label: DividendsPayableDateOfRecord to bap_DividendsPayableDateOfRecord_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableDateOfRecord" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DividendsPayableDateOfRecord" xml:lang="en-US" id="bap_DividendsPayableDateOfRecord">Dividends record date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableDateOfRecord" xlink:to="bap_DividendsPayableDateOfRecord" xlink:title="label: DividendsPayableDateOfRecord to bap_DividendsPayableDateOfRecord" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DividendsPayableOrdinarySharesPerShare" xlink:label="DividendsPayableOrdinarySharesPerShare" xlink:title="DividendsPayableOrdinarySharesPerShare" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableOrdinarySharesPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DividendsPayableOrdinarySharesPerShare_lbl" xml:lang="en-US" id="bap_DividendsPayableOrdinarySharesPerShare_lbl">The amount, per share, of dividends proposed or declared by the company as distribution to owners of the shareholder.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableOrdinarySharesPerShare" xlink:to="bap_DividendsPayableOrdinarySharesPerShare_lbl" xlink:title="label: DividendsPayableOrdinarySharesPerShare to bap_DividendsPayableOrdinarySharesPerShare_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableOrdinarySharesPerShare_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DividendsPayableOrdinarySharesPerShare_lbl1" xml:lang="en-US" id="bap_DividendsPayableOrdinarySharesPerShare_lbl1">Dividends payable ordinary shares per share</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableOrdinarySharesPerShare" xlink:to="bap_DividendsPayableOrdinarySharesPerShare_lbl1" xlink:title="label: DividendsPayableOrdinarySharesPerShare to bap_DividendsPayableOrdinarySharesPerShare_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DividendsPayableOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DividendsPayableOrdinarySharesPerShare" xml:lang="en-US" id="bap_DividendsPayableOrdinarySharesPerShare">Dividend declared (in dollars per share)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DividendsPayableOrdinarySharesPerShare" xlink:to="bap_DividendsPayableOrdinarySharesPerShare" xlink:title="label: DividendsPayableOrdinarySharesPerShare to bap_DividendsPayableOrdinarySharesPerShare" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncreaseDecreaseInRetainedEarnings" xlink:label="IncreaseDecreaseInRetainedEarnings" xlink:title="IncreaseDecreaseInRetainedEarnings" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInRetainedEarnings_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncreaseDecreaseInRetainedEarnings_lbl" xml:lang="en-US" id="bap_IncreaseDecreaseInRetainedEarnings_lbl">The amount of increase (decrease) in retained earnings from cumulative undistributed dividend.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInRetainedEarnings" xlink:to="bap_IncreaseDecreaseInRetainedEarnings_lbl" xlink:title="label: IncreaseDecreaseInRetainedEarnings to bap_IncreaseDecreaseInRetainedEarnings_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInRetainedEarnings_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncreaseDecreaseInRetainedEarnings_lbl1" xml:lang="en-US" id="bap_IncreaseDecreaseInRetainedEarnings_lbl1">Increase (Decrease) in retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInRetainedEarnings" xlink:to="bap_IncreaseDecreaseInRetainedEarnings_lbl1" xlink:title="label: IncreaseDecreaseInRetainedEarnings to bap_IncreaseDecreaseInRetainedEarnings_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncreaseDecreaseInRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncreaseDecreaseInRetainedEarnings" xml:lang="en-US" id="bap_IncreaseDecreaseInRetainedEarnings">Increase in retained earnings</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInRetainedEarnings" xlink:to="bap_IncreaseDecreaseInRetainedEarnings" xlink:title="label: IncreaseDecreaseInRetainedEarnings to bap_IncreaseDecreaseInRetainedEarnings" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:label="ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:title="ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl">The disclosure of detailed information about direct gross loan on maturity basis.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl" xlink:title="label: ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock to bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl1">Schedule of detailed information about direct gross loans on maturity basis [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl1" xlink:title="label: ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock to bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock">Maturity and Payment Due for Gross Direct Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:to="bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" xlink:title="label: ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock to bap_ScheduleOfDetailedInformationAboutDirectGrossLoansOnMaturityBasisTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl">The disclosure of detailed information about loans and advances.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock to bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl1">Disclosure of detailed information about loans and advances [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock to bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock">Direct Loans, Net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock to bap_DisclosureOfDetailedInformationAboutLoansAndAdvancesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:label="ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:title="ScheduleOfCompositionOfGrossCreditTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl">The disclosure of detailed composition of gross credit balance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:to="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl" xlink:title="label: ScheduleOfCompositionOfGrossCreditTableTextBlock to bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl1">Schedule of composition of gross credit [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:to="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl1" xlink:title="label: ScheduleOfCompositionOfGrossCreditTableTextBlock to bap_ScheduleOfCompositionOfGrossCreditTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock">Composition of Gross Credit Balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:to="bap_ScheduleOfCompositionOfGrossCreditTableTextBlock" xlink:title="label: ScheduleOfCompositionOfGrossCreditTableTextBlock to bap_ScheduleOfCompositionOfGrossCreditTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:label="ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:title="ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl">The disclosure of detailed information about movement of gross balance of loan portfolio by stages.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl" xlink:title="label: ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock to bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl1">Schedule of movement of gross balance of loan portfolio by stages [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl1" xlink:title="label: ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock to bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock">Movement of Gross Balance of Loan Portfolio by Stages</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" xlink:title="label: ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock to bap_ScheduleOfMovementOfGrossBalanceOfLoanPortfolioByStagesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:label="ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:title="ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl" xml:lang="en-US" id="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl">The disclosure of allowance for loan loss for direct and indirect loans by stages.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl" xlink:title="label: ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock to bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl1" xml:lang="en-US" id="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl1">Schedule of movement in allowance for loan loss for direct and indirect loans by stages [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl1" xlink:title="label: ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock to bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xml:lang="en-US" id="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock">Movement in Allowance for Loan loss for Direct and Indirect Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:to="bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" xlink:title="label: ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock to bap_ScheduleOfMovementInAllowanceForLoanLossForDirectAndIndirectLoansByStagesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeTaxRateAbstract" xlink:label="IncomeTaxRateAbstract" xlink:title="IncomeTaxRateAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxRateAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeTaxRateAbstract_lbl1" xml:lang="en-US" id="bap_IncomeTaxRateAbstract_lbl1">Income tax rate [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRateAbstract" xlink:to="bap_IncomeTaxRateAbstract_lbl1" xlink:title="label: IncomeTaxRateAbstract to bap_IncomeTaxRateAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxRateAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeTaxRateAbstract" xml:lang="en-US" id="bap_IncomeTaxRateAbstract">Income Tax Rate [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxRateAbstract" xlink:to="bap_IncomeTaxRateAbstract" xlink:title="label: IncomeTaxRateAbstract to bap_IncomeTaxRateAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxValueUnit" xlink:label="TaxValueUnit" xlink:title="TaxValueUnit" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueUnit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxValueUnit_lbl" xml:lang="en-US" id="bap_TaxValueUnit_lbl">A per unit tax is a tax in which the tax base is specified as a physical quantity rather than a dollar value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueUnit" xlink:to="bap_TaxValueUnit_lbl" xlink:title="label: TaxValueUnit to bap_TaxValueUnit_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueUnit_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxValueUnit_lbl1" xml:lang="en-US" id="bap_TaxValueUnit_lbl1">Tax value unit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueUnit" xlink:to="bap_TaxValueUnit_lbl1" xlink:title="label: TaxValueUnit to bap_TaxValueUnit_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueUnit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TaxValueUnit" xml:lang="en-US" id="bap_TaxValueUnit">Tax value unit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueUnit" xlink:to="bap_TaxValueUnit" xlink:title="label: TaxValueUnit to bap_TaxValueUnit" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxValueAmount" xlink:label="TaxValueAmount" xlink:title="TaxValueAmount" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TaxValueAmount_lbl" xml:lang="en-US" id="bap_TaxValueAmount_lbl">Amount of tax value that the company needs to pay the income tax taking into account upon additional surcharge applicability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueAmount" xlink:to="bap_TaxValueAmount_lbl" xlink:title="label: TaxValueAmount to bap_TaxValueAmount_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueAmount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxValueAmount_lbl1" xml:lang="en-US" id="bap_TaxValueAmount_lbl1">Tax value amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueAmount" xlink:to="bap_TaxValueAmount_lbl1" xlink:title="label: TaxValueAmount to bap_TaxValueAmount_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TaxValueAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TaxValueAmount" xml:lang="en-US" id="bap_TaxValueAmount">Tax value amount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxValueAmount" xlink:to="bap_TaxValueAmount" xlink:title="label: TaxValueAmount to bap_TaxValueAmount" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:label="PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:title="PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" />
    <link:label xlink:type="resource" xlink:label="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl" xml:lang="en-US" id="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl">The percentage of industry and commerce tax, notices and boards can be taken as a tax discount.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:to="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl" xlink:title="label: PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount to bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl1" xml:lang="en-US" id="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl1">Percentage of industry and commerce tax, notices and boards can be taken as a tax discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:to="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl1" xlink:title="label: PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount to bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xml:lang="en-US" id="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount">Percentage of industry and commerce tax, notices and boards can be taken as a tax discount</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:to="bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" xlink:title="label: PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount to bap_PercentOfIndustryAndCommerceTaxNoticesAndBoardsCanBeTakenAsATaxDiscount" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IncomeTaxDeclarationPeriod" xlink:label="IncomeTaxDeclarationPeriod" xlink:title="IncomeTaxDeclarationPeriod" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxDeclarationPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IncomeTaxDeclarationPeriod_lbl" xml:lang="en-US" id="bap_IncomeTaxDeclarationPeriod_lbl">The period in which income tax declared, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDeclarationPeriod" xlink:to="bap_IncomeTaxDeclarationPeriod_lbl" xlink:title="label: IncomeTaxDeclarationPeriod to bap_IncomeTaxDeclarationPeriod_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxDeclarationPeriod_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IncomeTaxDeclarationPeriod_lbl1" xml:lang="en-US" id="bap_IncomeTaxDeclarationPeriod_lbl1">Income tax declaration period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDeclarationPeriod" xlink:to="bap_IncomeTaxDeclarationPeriod_lbl1" xlink:title="label: IncomeTaxDeclarationPeriod to bap_IncomeTaxDeclarationPeriod_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IncomeTaxDeclarationPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_IncomeTaxDeclarationPeriod" xml:lang="en-US" id="bap_IncomeTaxDeclarationPeriod">Available time of inspection</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncomeTaxDeclarationPeriod" xlink:to="bap_IncomeTaxDeclarationPeriod" xlink:title="label: IncomeTaxDeclarationPeriod to bap_IncomeTaxDeclarationPeriod" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:label="PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:title="PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl" xml:lang="en-US" id="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl">The percentage increase in net income tax compared to previous year.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:to="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl" xlink:title="label: PercentageIncreaseInNetIncomeTaxComparedToPreviousYear to bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl1" xml:lang="en-US" id="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl1">Percentage increase in net income tax compared to previous year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:to="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl1" xlink:title="label: PercentageIncreaseInNetIncomeTaxComparedToPreviousYear to bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xml:lang="en-US" id="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear">Increase in net income tax compared to the previous year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:to="bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" xlink:title="label: PercentageIncreaseInNetIncomeTaxComparedToPreviousYear to bap_PercentageIncreaseInNetIncomeTaxComparedToPreviousYear" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:label="PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:title="PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl" xml:lang="en-US" id="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl">The percentage of industry and commerce tax as a tax discount for income tax, notices and boards.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:to="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl" xlink:title="label: PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards to bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl1" xml:lang="en-US" id="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl1">Percentage of industry and commerce tax as a tax discount for income tax, notices and boards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:to="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl1" xlink:title="label: PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards to bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xml:lang="en-US" id="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards">Percentage of industry and commerce tax as a tax discount for income tax, notices and boards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:to="bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" xlink:title="label: PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards to bap_PercentageOfIndustryAndCommerceTaxAsATaxDiscountForIncomeTaxNoticesAndBoards" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl">The disclosure of detailed information about breakdown of assets corresponding to Group's reportable segments and distribution of total revenue, operating revenue and non-current assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock to bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl1">Disclosure of detailed information about segment assets and revenue [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock to bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock">Breakdown of Assets Corresponding to Group's Reportable Segments and Distribution of Total Revenue, Operating Revenue and Non-current Assets from Segment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock to bap_DisclosureOfDetailedInformationAboutSegmentAssetsAndRevenueTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfLoansNetTable" xlink:label="DisclosureOfLoansNetTable" xlink:title="DisclosureOfLoansNetTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfLoansNetTable_lbl" xml:lang="en-US" id="bap_DisclosureOfLoansNetTable_lbl">Schedule disclosing information related to loans receivable.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetTable" xlink:to="bap_DisclosureOfLoansNetTable_lbl" xlink:title="label: DisclosureOfLoansNetTable to bap_DisclosureOfLoansNetTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfLoansNetTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfLoansNetTable_lbl1">Disclosure of Loans, Net [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetTable" xlink:to="bap_DisclosureOfLoansNetTable_lbl1" xlink:title="label: DisclosureOfLoansNetTable to bap_DisclosureOfLoansNetTable_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfLoansNetTable" xml:lang="en-US" id="bap_DisclosureOfLoansNetTable">Disclosure of Loans, Net [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetTable" xlink:to="bap_DisclosureOfLoansNetTable" xlink:title="label: DisclosureOfLoansNetTable to bap_DisclosureOfLoansNetTable" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LaterThanFifteenYearsMember" xlink:label="LaterThanFifteenYearsMember" xlink:title="LaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFifteenYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LaterThanFifteenYearsMember_lbl" xml:lang="en-US" id="bap_LaterThanFifteenYearsMember_lbl">This member stands for a time band of later than fifteen years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="bap_LaterThanFifteenYearsMember_lbl" xlink:title="label: LaterThanFifteenYearsMember to bap_LaterThanFifteenYearsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFifteenYearsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LaterThanFifteenYearsMember_lbl1" xml:lang="en-US" id="bap_LaterThanFifteenYearsMember_lbl1">Later than fifteen years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="bap_LaterThanFifteenYearsMember_lbl1" xlink:title="label: LaterThanFifteenYearsMember to bap_LaterThanFifteenYearsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFifteenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LaterThanFifteenYearsMember" xml:lang="en-US" id="bap_LaterThanFifteenYearsMember">More than 15 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFifteenYearsMember" xlink:to="bap_LaterThanFifteenYearsMember" xlink:title="label: LaterThanFifteenYearsMember to bap_LaterThanFifteenYearsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfLoansNetLineItems" xlink:label="DisclosureOfLoansNetLineItems" xlink:title="DisclosureOfLoansNetLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfLoansNetLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfLoansNetLineItems_lbl">Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetLineItems" xlink:to="bap_DisclosureOfLoansNetLineItems_lbl" xlink:title="label: DisclosureOfLoansNetLineItems to bap_DisclosureOfLoansNetLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfLoansNetLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfLoansNetLineItems_lbl1">Disclosure of Loans, Net [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetLineItems" xlink:to="bap_DisclosureOfLoansNetLineItems_lbl1" xlink:title="label: DisclosureOfLoansNetLineItems to bap_DisclosureOfLoansNetLineItems_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfLoansNetLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfLoansNetLineItems" xml:lang="en-US" id="bap_DisclosureOfLoansNetLineItems">Disclosure of Loans, Net [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfLoansNetLineItems" xlink:to="bap_DisclosureOfLoansNetLineItems" xlink:title="label: DisclosureOfLoansNetLineItems to bap_DisclosureOfLoansNetLineItems" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InternalOverdueLoansAbstract" xlink:label="InternalOverdueLoansAbstract" xlink:title="InternalOverdueLoansAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InternalOverdueLoansAbstract_lbl1" xml:lang="en-US" id="bap_InternalOverdueLoansAbstract_lbl1">Internal overdue loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAbstract" xlink:to="bap_InternalOverdueLoansAbstract_lbl1" xlink:title="label: InternalOverdueLoansAbstract to bap_InternalOverdueLoansAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InternalOverdueLoansAbstract" xml:lang="en-US" id="bap_InternalOverdueLoansAbstract">Internal overdue loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAbstract" xlink:to="bap_InternalOverdueLoansAbstract" xlink:title="label: InternalOverdueLoansAbstract to bap_InternalOverdueLoansAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:label="InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:title="InternalOverdueLoansAndUnderLegalCollectionLoans" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl" xml:lang="en-US" id="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl">The amount of Internal overdue loans and under legal collection loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:to="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl" xlink:title="label: InternalOverdueLoansAndUnderLegalCollectionLoans to bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl1" xml:lang="en-US" id="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl1">Internal overdue loans and under legal collection loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:to="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl1" xlink:title="label: InternalOverdueLoansAndUnderLegalCollectionLoans to bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InternalOverdueLoansAndUnderLegalCollectionLoans" xml:lang="en-US" id="bap_InternalOverdueLoansAndUnderLegalCollectionLoans">Internal overdue loans and under legal collection loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:to="bap_InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:title="label: InternalOverdueLoansAndUnderLegalCollectionLoans to bap_InternalOverdueLoansAndUnderLegalCollectionLoans" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl2" xml:lang="en-US" id="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl2">Internal overdue loans and under legal collection loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoansAndUnderLegalCollectionLoans" xlink:to="bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl2" xlink:title="label: InternalOverdueLoansAndUnderLegalCollectionLoans to bap_InternalOverdueLoansAndUnderLegalCollectionLoans_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectGrossLoans" xlink:label="DirectGrossLoans" xlink:title="DirectGrossLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DirectGrossLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DirectGrossLoans_lbl" xml:lang="en-US" id="bap_DirectGrossLoans_lbl">The gross amount of direct loans including internally overdue loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectGrossLoans" xlink:to="bap_DirectGrossLoans_lbl" xlink:title="label: DirectGrossLoans to bap_DirectGrossLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DirectGrossLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectGrossLoans_lbl1" xml:lang="en-US" id="bap_DirectGrossLoans_lbl1">Direct gross loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectGrossLoans" xlink:to="bap_DirectGrossLoans_lbl1" xlink:title="label: DirectGrossLoans to bap_DirectGrossLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectGrossLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DirectGrossLoans" xml:lang="en-US" id="bap_DirectGrossLoans">Gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectGrossLoans" xlink:to="bap_DirectGrossLoans" xlink:title="label: DirectGrossLoans to bap_DirectGrossLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DirectGrossLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DirectGrossLoans_lbl2" xml:lang="en-US" id="bap_DirectGrossLoans_lbl2">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectGrossLoans" xlink:to="bap_DirectGrossLoans_lbl2" xlink:title="label: DirectGrossLoans to bap_DirectGrossLoans_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectLoansAbstract" xlink:label="DirectLoansAbstract" xlink:title="DirectLoansAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectLoansAbstract_lbl1" xml:lang="en-US" id="bap_DirectLoansAbstract_lbl1">Direct loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansAbstract" xlink:to="bap_DirectLoansAbstract_lbl1" xlink:title="label: DirectLoansAbstract to bap_DirectLoansAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DirectLoansAbstract" xml:lang="en-US" id="bap_DirectLoansAbstract">Outstanding loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansAbstract" xlink:to="bap_DirectLoansAbstract" xlink:title="label: DirectLoansAbstract to bap_DirectLoansAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DirectLoansAbstract_lbl2" xml:lang="en-US" id="bap_DirectLoansAbstract_lbl2">Direct loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansAbstract" xlink:to="bap_DirectLoansAbstract_lbl2" xlink:title="label: DirectLoansAbstract to bap_DirectLoansAbstract_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:label="LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:title="LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl" xml:lang="en-US" id="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl">This member stands for a time band of later than five years and not later than fifteen years.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:to="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl" xlink:title="label: LaterThanFiveYearsAndNotLaterThanFifteenYearsMember to bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl1" xml:lang="en-US" id="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl1">Later than five years and not later than fifteen years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:to="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl1" xlink:title="label: LaterThanFiveYearsAndNotLaterThanFifteenYearsMember to bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xml:lang="en-US" id="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember">From 5 to 15 Years [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:to="bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" xlink:title="label: LaterThanFiveYearsAndNotLaterThanFifteenYearsMember to bap_LaterThanFiveYearsAndNotLaterThanFifteenYearsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectLoansGross" xlink:label="DirectLoansGross" xlink:title="DirectLoansGross" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansGross_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DirectLoansGross_lbl" xml:lang="en-US" id="bap_DirectLoansGross_lbl">The gross amount of loans those are classified as direct loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansGross" xlink:to="bap_DirectLoansGross_lbl" xlink:title="label: DirectLoansGross to bap_DirectLoansGross_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansGross_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectLoansGross_lbl1" xml:lang="en-US" id="bap_DirectLoansGross_lbl1">Direct loans, gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansGross" xlink:to="bap_DirectLoansGross_lbl1" xlink:title="label: DirectLoansGross to bap_DirectLoansGross_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DirectLoansGross" xml:lang="en-US" id="bap_DirectLoansGross">Direct loans, gross</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansGross" xlink:to="bap_DirectLoansGross" xlink:title="label: DirectLoansGross to bap_DirectLoansGross" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansGross_lbl2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DirectLoansGross_lbl2" xml:lang="en-US" id="bap_DirectLoansGross_lbl2">Total direct loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansGross" xlink:to="bap_DirectLoansGross_lbl2" xlink:title="label: DirectLoansGross to bap_DirectLoansGross_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_KeyExecutivesCompensationAbstract" xlink:label="KeyExecutivesCompensationAbstract" xlink:title="KeyExecutivesCompensationAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_KeyExecutivesCompensationAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_KeyExecutivesCompensationAbstract_lbl1" xml:lang="en-US" id="bap_KeyExecutivesCompensationAbstract_lbl1">Key executives' compensation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyExecutivesCompensationAbstract" xlink:to="bap_KeyExecutivesCompensationAbstract_lbl1" xlink:title="label: KeyExecutivesCompensationAbstract to bap_KeyExecutivesCompensationAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_KeyExecutivesCompensationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_KeyExecutivesCompensationAbstract" xml:lang="en-US" id="bap_KeyExecutivesCompensationAbstract">Key personnel compensation [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyExecutivesCompensationAbstract" xlink:to="bap_KeyExecutivesCompensationAbstract" xlink:title="label: KeyExecutivesCompensationAbstract to bap_KeyExecutivesCompensationAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectorsCompensationMember" xlink:label="DirectorsCompensationMember" xlink:title="DirectorsCompensationMember" />
    <link:label xlink:type="resource" xlink:label="bap_DirectorsCompensationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DirectorsCompensationMember_lbl" xml:lang="en-US" id="bap_DirectorsCompensationMember_lbl">This member stands for the amount of compensation paid to the directors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsCompensationMember" xlink:to="bap_DirectorsCompensationMember_lbl" xlink:title="label: DirectorsCompensationMember to bap_DirectorsCompensationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DirectorsCompensationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectorsCompensationMember_lbl1" xml:lang="en-US" id="bap_DirectorsCompensationMember_lbl1">Directors compensation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsCompensationMember" xlink:to="bap_DirectorsCompensationMember_lbl1" xlink:title="label: DirectorsCompensationMember to bap_DirectorsCompensationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectorsCompensationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DirectorsCompensationMember" xml:lang="en-US" id="bap_DirectorsCompensationMember">Director's Compensation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectorsCompensationMember" xlink:to="bap_DirectorsCompensationMember" xlink:title="label: DirectorsCompensationMember to bap_DirectorsCompensationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeniorManagementCompensationMember" xlink:label="SeniorManagementCompensationMember" xlink:title="SeniorManagementCompensationMember" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorManagementCompensationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeniorManagementCompensationMember_lbl" xml:lang="en-US" id="bap_SeniorManagementCompensationMember_lbl">This member stands for senior management compensation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorManagementCompensationMember" xlink:to="bap_SeniorManagementCompensationMember_lbl" xlink:title="label: SeniorManagementCompensationMember to bap_SeniorManagementCompensationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorManagementCompensationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeniorManagementCompensationMember_lbl1" xml:lang="en-US" id="bap_SeniorManagementCompensationMember_lbl1">Senior management compensation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorManagementCompensationMember" xlink:to="bap_SeniorManagementCompensationMember_lbl1" xlink:title="label: SeniorManagementCompensationMember to bap_SeniorManagementCompensationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeniorManagementCompensationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeniorManagementCompensationMember" xml:lang="en-US" id="bap_SeniorManagementCompensationMember">Senior Management Compensation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeniorManagementCompensationMember" xlink:to="bap_SeniorManagementCompensationMember" xlink:title="label: SeniorManagementCompensationMember to bap_SeniorManagementCompensationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RemunerationsMember" xlink:label="RemunerationsMember" xlink:title="RemunerationsMember" />
    <link:label xlink:type="resource" xlink:label="bap_RemunerationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RemunerationsMember_lbl" xml:lang="en-US" id="bap_RemunerationsMember_lbl">This member stands for remunerations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemunerationsMember" xlink:to="bap_RemunerationsMember_lbl" xlink:title="label: RemunerationsMember to bap_RemunerationsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RemunerationsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RemunerationsMember_lbl1" xml:lang="en-US" id="bap_RemunerationsMember_lbl1">Remunerations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemunerationsMember" xlink:to="bap_RemunerationsMember_lbl1" xlink:title="label: RemunerationsMember to bap_RemunerationsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RemunerationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RemunerationsMember" xml:lang="en-US" id="bap_RemunerationsMember">Remunerations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RemunerationsMember" xlink:to="bap_RemunerationsMember" xlink:title="label: RemunerationsMember to bap_RemunerationsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StockAwardsMember" xlink:label="StockAwardsMember" xlink:title="StockAwardsMember" />
    <link:label xlink:type="resource" xlink:label="bap_StockAwardsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StockAwardsMember_lbl" xml:lang="en-US" id="bap_StockAwardsMember_lbl">This member stands for stock awards.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StockAwardsMember" xlink:to="bap_StockAwardsMember_lbl" xlink:title="label: StockAwardsMember to bap_StockAwardsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StockAwardsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StockAwardsMember_lbl1" xml:lang="en-US" id="bap_StockAwardsMember_lbl1">Stock awards [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StockAwardsMember" xlink:to="bap_StockAwardsMember_lbl1" xlink:title="label: StockAwardsMember to bap_StockAwardsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StockAwardsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StockAwardsMember" xml:lang="en-US" id="bap_StockAwardsMember">Stock Awards [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StockAwardsMember" xlink:to="bap_StockAwardsMember" xlink:title="label: StockAwardsMember to bap_StockAwardsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:label="FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:title="FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl">This member stands for financial assets at fair value in investments designated at inception.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xlink:title="label: FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1">Financial assets at fair value, investments designated at inception [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xlink:title="label: FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember">Investments Designated at Inception [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:title="label: FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialAssetsAtFairValueInvestmentsDesignatedAtInceptionMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:label="FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:title="FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl">This member stands for financial assets at fair value, investments and derivates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl" xlink:title="label: FinancialAssetsAtFairValueInvestmentsAndDerivatesMember to bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl1">Financial assets at fair value investments and derivates [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl1" xlink:title="label: FinancialAssetsAtFairValueInvestmentsAndDerivatesMember to bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember">Investments and Derivates [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" xlink:title="label: FinancialAssetsAtFairValueInvestmentsAndDerivatesMember to bap_FinancialAssetsAtFairValueInvestmentsAndDerivatesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:label="FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:title="FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl">This member stands for financial liabilities at fair value in investments designated at inception.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1">Financial liabilities at fair value, investments designated at inception [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember">Investments Designated at Inception [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember to bap_FinancialLiabilitiesAtFairValueInvestmentsDesignatedAtInceptionMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:label="FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:title="FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl">This member stands for financial liabilities at fair value in investments and derivates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember to bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl1" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl1">Financial liabilities at fair value investments and derivates [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl1" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember to bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember">Investments and Derivates [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:to="bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" xlink:title="label: FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember to bap_FinancialLiabilitiesAtFairValueInvestmentsAndDerivatesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAtFairValueInvestmentsMember" xlink:label="FinancialAssetsAtFairValueInvestmentsMember" xlink:title="FinancialAssetsAtFairValueInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl">This member stands for financial assets at fair value in investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl" xlink:title="label: FinancialAssetsAtFairValueInvestmentsMember to bap_FinancialAssetsAtFairValueInvestmentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl1">Financial assets at fair value, investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsMember_lbl1" xlink:title="label: FinancialAssetsAtFairValueInvestmentsMember to bap_FinancialAssetsAtFairValueInvestmentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAtFairValueInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAtFairValueInvestmentsMember" xml:lang="en-US" id="bap_FinancialAssetsAtFairValueInvestmentsMember">Investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAtFairValueInvestmentsMember" xlink:to="bap_FinancialAssetsAtFairValueInvestmentsMember" xlink:title="label: FinancialAssetsAtFairValueInvestmentsMember to bap_FinancialAssetsAtFairValueInvestmentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CategoriesOfFinancialAssetsMember" xlink:label="CategoriesOfFinancialAssetsMember" xlink:title="CategoriesOfFinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CategoriesOfFinancialAssetsMember_lbl" xml:lang="en-US" id="bap_CategoriesOfFinancialAssetsMember_lbl">This member stands for categories of financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialAssetsMember" xlink:to="bap_CategoriesOfFinancialAssetsMember_lbl" xlink:title="label: CategoriesOfFinancialAssetsMember to bap_CategoriesOfFinancialAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CategoriesOfFinancialAssetsMember_lbl1" xml:lang="en-US" id="bap_CategoriesOfFinancialAssetsMember_lbl1">Categories of financial assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialAssetsMember" xlink:to="bap_CategoriesOfFinancialAssetsMember_lbl1" xlink:title="label: CategoriesOfFinancialAssetsMember to bap_CategoriesOfFinancialAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CategoriesOfFinancialAssetsMember" xml:lang="en-US" id="bap_CategoriesOfFinancialAssetsMember">Financial Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialAssetsMember" xlink:to="bap_CategoriesOfFinancialAssetsMember" xlink:title="label: CategoriesOfFinancialAssetsMember to bap_CategoriesOfFinancialAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CategoriesOfFinancialLiabilitiesMember" xlink:label="CategoriesOfFinancialLiabilitiesMember" xlink:title="CategoriesOfFinancialLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CategoriesOfFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="bap_CategoriesOfFinancialLiabilitiesMember_lbl">This member stands for categories of financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesMember" xlink:to="bap_CategoriesOfFinancialLiabilitiesMember_lbl" xlink:title="label: CategoriesOfFinancialLiabilitiesMember to bap_CategoriesOfFinancialLiabilitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CategoriesOfFinancialLiabilitiesMember_lbl1" xml:lang="en-US" id="bap_CategoriesOfFinancialLiabilitiesMember_lbl1">Categories of financial liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesMember" xlink:to="bap_CategoriesOfFinancialLiabilitiesMember_lbl1" xlink:title="label: CategoriesOfFinancialLiabilitiesMember to bap_CategoriesOfFinancialLiabilitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CategoriesOfFinancialLiabilitiesMember" xml:lang="en-US" id="bap_CategoriesOfFinancialLiabilitiesMember">Financial Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfFinancialLiabilitiesMember" xlink:to="bap_CategoriesOfFinancialLiabilitiesMember" xlink:title="label: CategoriesOfFinancialLiabilitiesMember to bap_CategoriesOfFinancialLiabilitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FactoringOfReceivables" xlink:label="FactoringOfReceivables" xlink:title="FactoringOfReceivables" />
    <link:label xlink:type="resource" xlink:label="bap_FactoringOfReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FactoringOfReceivables_lbl" xml:lang="en-US" id="bap_FactoringOfReceivables_lbl">The amount of receivables of an entity those are transferred to another party (factor).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FactoringOfReceivables" xlink:to="bap_FactoringOfReceivables_lbl" xlink:title="label: FactoringOfReceivables to bap_FactoringOfReceivables_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FactoringOfReceivables_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FactoringOfReceivables_lbl1" xml:lang="en-US" id="bap_FactoringOfReceivables_lbl1">Factoring of receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FactoringOfReceivables" xlink:to="bap_FactoringOfReceivables_lbl1" xlink:title="label: FactoringOfReceivables to bap_FactoringOfReceivables_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FactoringOfReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_FactoringOfReceivables" xml:lang="en-US" id="bap_FactoringOfReceivables">Factoring receivables</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FactoringOfReceivables" xlink:to="bap_FactoringOfReceivables" xlink:title="label: FactoringOfReceivables to bap_FactoringOfReceivables" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrentAccountAdvancesAndOverdrafts" xlink:label="CurrentAccountAdvancesAndOverdrafts" xlink:title="CurrentAccountAdvancesAndOverdrafts" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentAccountAdvancesAndOverdrafts_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CurrentAccountAdvancesAndOverdrafts_lbl" xml:lang="en-US" id="bap_CurrentAccountAdvancesAndOverdrafts_lbl">The amount that has been withdrawn from an account in excess of existing cash balances. This is considered a short-term extension of credit by the bank to the customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAccountAdvancesAndOverdrafts" xlink:to="bap_CurrentAccountAdvancesAndOverdrafts_lbl" xlink:title="label: CurrentAccountAdvancesAndOverdrafts to bap_CurrentAccountAdvancesAndOverdrafts_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentAccountAdvancesAndOverdrafts_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrentAccountAdvancesAndOverdrafts_lbl1" xml:lang="en-US" id="bap_CurrentAccountAdvancesAndOverdrafts_lbl1">Current account advances and overdrafts</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAccountAdvancesAndOverdrafts" xlink:to="bap_CurrentAccountAdvancesAndOverdrafts_lbl1" xlink:title="label: CurrentAccountAdvancesAndOverdrafts to bap_CurrentAccountAdvancesAndOverdrafts_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentAccountAdvancesAndOverdrafts" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CurrentAccountAdvancesAndOverdrafts" xml:lang="en-US" id="bap_CurrentAccountAdvancesAndOverdrafts">Advances and overdrafts in current account</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentAccountAdvancesAndOverdrafts" xlink:to="bap_CurrentAccountAdvancesAndOverdrafts" xlink:title="label: CurrentAccountAdvancesAndOverdrafts to bap_CurrentAccountAdvancesAndOverdrafts" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AddLessAbstract" xlink:label="AddLessAbstract" xlink:title="AddLessAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AddLessAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AddLessAbstract_lbl1" xml:lang="en-US" id="bap_AddLessAbstract_lbl1">Add (less) [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AddLessAbstract" xlink:to="bap_AddLessAbstract_lbl1" xlink:title="label: AddLessAbstract to bap_AddLessAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_UnearnedInterest" xlink:label="UnearnedInterest" xlink:title="UnearnedInterest" />
    <link:label xlink:type="resource" xlink:label="bap_UnearnedInterest_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_UnearnedInterest_lbl" xml:lang="en-US" id="bap_UnearnedInterest_lbl">The amount of interest that is not yet accrued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnearnedInterest" xlink:to="bap_UnearnedInterest_lbl" xlink:title="label: UnearnedInterest to bap_UnearnedInterest_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_UnearnedInterest_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_UnearnedInterest_lbl1" xml:lang="en-US" id="bap_UnearnedInterest_lbl1">Unearned interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnearnedInterest" xlink:to="bap_UnearnedInterest_lbl1" xlink:title="label: UnearnedInterest to bap_UnearnedInterest_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_UnearnedInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_UnearnedInterest" xml:lang="en-US" id="bap_UnearnedInterest">Unearned interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="UnearnedInterest" xlink:to="bap_UnearnedInterest" xlink:title="label: UnearnedInterest to bap_UnearnedInterest" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LoansNetOfUnearnedIncome" xlink:label="LoansNetOfUnearnedIncome" xlink:title="LoansNetOfUnearnedIncome" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetOfUnearnedIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LoansNetOfUnearnedIncome_lbl" xml:lang="en-US" id="bap_LoansNetOfUnearnedIncome_lbl">The amount of loans which is net of unearned income the entity has made to customers.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetOfUnearnedIncome" xlink:to="bap_LoansNetOfUnearnedIncome_lbl" xlink:title="label: LoansNetOfUnearnedIncome to bap_LoansNetOfUnearnedIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetOfUnearnedIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LoansNetOfUnearnedIncome_lbl1" xml:lang="en-US" id="bap_LoansNetOfUnearnedIncome_lbl1">Loans, net of unearned income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetOfUnearnedIncome" xlink:to="bap_LoansNetOfUnearnedIncome_lbl1" xlink:title="label: LoansNetOfUnearnedIncome to bap_LoansNetOfUnearnedIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetOfUnearnedIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_LoansNetOfUnearnedIncome" xml:lang="en-US" id="bap_LoansNetOfUnearnedIncome">Total direct loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetOfUnearnedIncome" xlink:to="bap_LoansNetOfUnearnedIncome" xlink:title="label: LoansNetOfUnearnedIncome to bap_LoansNetOfUnearnedIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RefinancedLoans" xlink:label="RefinancedLoans" xlink:title="RefinancedLoans" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RefinancedLoans_lbl" xml:lang="en-US" id="bap_RefinancedLoans_lbl">The amount of loans those are refinanced.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoans" xlink:to="bap_RefinancedLoans_lbl" xlink:title="label: RefinancedLoans to bap_RefinancedLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RefinancedLoans_lbl1" xml:lang="en-US" id="bap_RefinancedLoans_lbl1">Refinanced loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoans" xlink:to="bap_RefinancedLoans_lbl1" xlink:title="label: RefinancedLoans to bap_RefinancedLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_RefinancedLoans" xml:lang="en-US" id="bap_RefinancedLoans">Refinanced loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoans" xlink:to="bap_RefinancedLoans" xlink:title="label: RefinancedLoans to bap_RefinancedLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectLoansIncludingInternalLoans" xlink:label="DirectLoansIncludingInternalLoans" xlink:title="DirectLoansIncludingInternalLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansIncludingInternalLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DirectLoansIncludingInternalLoans_lbl" xml:lang="en-US" id="bap_DirectLoansIncludingInternalLoans_lbl">The amount of direct loans including internally overdue loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansIncludingInternalLoans" xlink:to="bap_DirectLoansIncludingInternalLoans_lbl" xlink:title="label: DirectLoansIncludingInternalLoans to bap_DirectLoansIncludingInternalLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansIncludingInternalLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectLoansIncludingInternalLoans_lbl1" xml:lang="en-US" id="bap_DirectLoansIncludingInternalLoans_lbl1">Direct loans including internal loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansIncludingInternalLoans" xlink:to="bap_DirectLoansIncludingInternalLoans_lbl1" xlink:title="label: DirectLoansIncludingInternalLoans to bap_DirectLoansIncludingInternalLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansIncludingInternalLoans" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DirectLoansIncludingInternalLoans" xml:lang="en-US" id="bap_DirectLoansIncludingInternalLoans">Direct loans including internal overdue loans and under legal collection loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansIncludingInternalLoans" xlink:to="bap_DirectLoansIncludingInternalLoans" xlink:title="label: DirectLoansIncludingInternalLoans to bap_DirectLoansIncludingInternalLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansIncludingInternalLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DirectLoansIncludingInternalLoans_lbl2" xml:lang="en-US" id="bap_DirectLoansIncludingInternalLoans_lbl2">Direct loans, Note7(a)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansIncludingInternalLoans" xlink:to="bap_DirectLoansIncludingInternalLoans_lbl2" xlink:title="label: DirectLoansIncludingInternalLoans to bap_DirectLoansIncludingInternalLoans_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DiscountedNotes" xlink:label="DiscountedNotes" xlink:title="DiscountedNotes" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountedNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DiscountedNotes_lbl" xml:lang="en-US" id="bap_DiscountedNotes_lbl">The amount of notes discounted.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedNotes" xlink:to="bap_DiscountedNotes_lbl" xlink:title="label: DiscountedNotes to bap_DiscountedNotes_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountedNotes_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DiscountedNotes_lbl1" xml:lang="en-US" id="bap_DiscountedNotes_lbl1">Discounted notes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedNotes" xlink:to="bap_DiscountedNotes_lbl1" xlink:title="label: DiscountedNotes to bap_DiscountedNotes_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountedNotes" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DiscountedNotes" xml:lang="en-US" id="bap_DiscountedNotes">Discounted notes</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountedNotes" xlink:to="bap_DiscountedNotes" xlink:title="label: DiscountedNotes to bap_DiscountedNotes" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccruedInterestIncome" xlink:label="AccruedInterestIncome" xlink:title="AccruedInterestIncome" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccruedInterestIncome_lbl" xml:lang="en-US" id="bap_AccruedInterestIncome_lbl">The amount of accrued interest income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestIncome" xlink:to="bap_AccruedInterestIncome_lbl" xlink:title="label: AccruedInterestIncome to bap_AccruedInterestIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccruedInterestIncome_lbl1" xml:lang="en-US" id="bap_AccruedInterestIncome_lbl1">Accrued interest income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestIncome" xlink:to="bap_AccruedInterestIncome_lbl1" xlink:title="label: AccruedInterestIncome to bap_AccruedInterestIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccruedInterestIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AccruedInterestIncome" xml:lang="en-US" id="bap_AccruedInterestIncome">Accrued interest</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccruedInterestIncome" xlink:to="bap_AccruedInterestIncome" xlink:title="label: AccruedInterestIncome to bap_AccruedInterestIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FaeMype2Member" xlink:label="FaeMype2Member" xlink:title="FaeMype2Member" />
    <link:label xlink:type="resource" xlink:label="bap_FaeMype2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FaeMype2Member_lbl" xml:lang="en-US" id="bap_FaeMype2Member_lbl">This member stands for FAE-MYPE 2.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaeMype2Member" xlink:to="bap_FaeMype2Member_lbl" xlink:title="label: FaeMype2Member to bap_FaeMype2Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FaeMype2Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FaeMype2Member_lbl1" xml:lang="en-US" id="bap_FaeMype2Member_lbl1">Fae Mype2 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaeMype2Member" xlink:to="bap_FaeMype2Member_lbl1" xlink:title="label: FaeMype2Member to bap_FaeMype2Member_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FaeMype1Member" xlink:label="FaeMype1Member" xlink:title="FaeMype1Member" />
    <link:label xlink:type="resource" xlink:label="bap_FaeMype1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FaeMype1Member_lbl" xml:lang="en-US" id="bap_FaeMype1Member_lbl">This member stands for FAE-MYPE 1.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaeMype1Member" xlink:to="bap_FaeMype1Member_lbl" xlink:title="label: FaeMype1Member to bap_FaeMype1Member_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FaeMype1Member_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FaeMype1Member_lbl1" xml:lang="en-US" id="bap_FaeMype1Member_lbl1">Fae Mype1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FaeMype1Member" xlink:to="bap_FaeMype1Member_lbl1" xlink:title="label: FaeMype1Member to bap_FaeMype1Member_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReactivaPeruProgramMember" xlink:label="ReactivaPeruProgramMember" xlink:title="ReactivaPeruProgramMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReactivaPeruProgramMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReactivaPeruProgramMember_lbl" xml:lang="en-US" id="bap_ReactivaPeruProgramMember_lbl">This member stands for Reactiva Peru program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReactivaPeruProgramMember" xlink:to="bap_ReactivaPeruProgramMember_lbl" xlink:title="label: ReactivaPeruProgramMember to bap_ReactivaPeruProgramMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReactivaPeruProgramMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReactivaPeruProgramMember_lbl1" xml:lang="en-US" id="bap_ReactivaPeruProgramMember_lbl1">Reactiva peru program [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReactivaPeruProgramMember" xlink:to="bap_ReactivaPeruProgramMember_lbl1" xlink:title="label: ReactivaPeruProgramMember to bap_ReactivaPeruProgramMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReactivaPeruProgramMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ReactivaPeruProgramMember" xml:lang="en-US" id="bap_ReactivaPeruProgramMember">Reactiva Peru Program [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReactivaPeruProgramMember" xlink:to="bap_ReactivaPeruProgramMember" xlink:title="label: ReactivaPeruProgramMember to bap_ReactivaPeruProgramMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SmallAndMediumEnterprisesProductsMember" xlink:label="SmallAndMediumEnterprisesProductsMember" xlink:title="SmallAndMediumEnterprisesProductsMember" />
    <link:label xlink:type="resource" xlink:label="bap_SmallAndMediumEnterprisesProductsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SmallAndMediumEnterprisesProductsMember_lbl" xml:lang="en-US" id="bap_SmallAndMediumEnterprisesProductsMember_lbl">This member stands for small and medium enterprises products.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SmallAndMediumEnterprisesProductsMember" xlink:to="bap_SmallAndMediumEnterprisesProductsMember_lbl" xlink:title="label: SmallAndMediumEnterprisesProductsMember to bap_SmallAndMediumEnterprisesProductsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SmallAndMediumEnterprisesProductsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SmallAndMediumEnterprisesProductsMember_lbl1" xml:lang="en-US" id="bap_SmallAndMediumEnterprisesProductsMember_lbl1">Small and medium enterprises products [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SmallAndMediumEnterprisesProductsMember" xlink:to="bap_SmallAndMediumEnterprisesProductsMember_lbl1" xlink:title="label: SmallAndMediumEnterprisesProductsMember to bap_SmallAndMediumEnterprisesProductsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SmallAndMediumEnterprisesProductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SmallAndMediumEnterprisesProductsMember" xml:lang="en-US" id="bap_SmallAndMediumEnterprisesProductsMember">SME Products [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SmallAndMediumEnterprisesProductsMember" xlink:to="bap_SmallAndMediumEnterprisesProductsMember" xlink:title="label: SmallAndMediumEnterprisesProductsMember to bap_SmallAndMediumEnterprisesProductsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CreditCardLoans" xlink:label="CreditCardLoans" xlink:title="CreditCardLoans" />
    <link:label xlink:type="resource" xlink:label="bap_CreditCardLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CreditCardLoans_lbl" xml:lang="en-US" id="bap_CreditCardLoans_lbl">Short term loans given on credit cards.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditCardLoans" xlink:to="bap_CreditCardLoans_lbl" xlink:title="label: CreditCardLoans to bap_CreditCardLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CreditCardLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CreditCardLoans_lbl1" xml:lang="en-US" id="bap_CreditCardLoans_lbl1">Credit card loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditCardLoans" xlink:to="bap_CreditCardLoans_lbl1" xlink:title="label: CreditCardLoans to bap_CreditCardLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CreditCardLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CreditCardLoans" xml:lang="en-US" id="bap_CreditCardLoans">Credit cards</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditCardLoans" xlink:to="bap_CreditCardLoans" xlink:title="label: CreditCardLoans to bap_CreditCardLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcpAndMibancoMember" xlink:label="BcpAndMibancoMember" xlink:title="BcpAndMibancoMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcpAndMibancoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcpAndMibancoMember_lbl" xml:lang="en-US" id="bap_BcpAndMibancoMember_lbl">This member stands for BCP and Mibanco.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcpAndMibancoMember" xlink:to="bap_BcpAndMibancoMember_lbl" xlink:title="label: BcpAndMibancoMember to bap_BcpAndMibancoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcpAndMibancoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcpAndMibancoMember_lbl1" xml:lang="en-US" id="bap_BcpAndMibancoMember_lbl1">Bcp and Mibanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcpAndMibancoMember" xlink:to="bap_BcpAndMibancoMember_lbl1" xlink:title="label: BcpAndMibancoMember to bap_BcpAndMibancoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BcpAndMibancoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BcpAndMibancoMember" xml:lang="en-US" id="bap_BcpAndMibancoMember">Bcp and MiBanco [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcpAndMibancoMember" xlink:to="bap_BcpAndMibancoMember" xlink:title="label: BcpAndMibancoMember to bap_BcpAndMibancoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectLoansNetAbstract" xlink:label="DirectLoansNetAbstract" xlink:title="DirectLoansNetAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansNetAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectLoansNetAbstract_lbl1" xml:lang="en-US" id="bap_DirectLoansNetAbstract_lbl1">Direct loans, net [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansNetAbstract" xlink:to="bap_DirectLoansNetAbstract_lbl1" xlink:title="label: DirectLoansNetAbstract to bap_DirectLoansNetAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectLoansNetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DirectLoansNetAbstract" xml:lang="en-US" id="bap_DirectLoansNetAbstract">Direct Loans, Net [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectLoansNetAbstract" xlink:to="bap_DirectLoansNetAbstract" xlink:title="label: DirectLoansNetAbstract to bap_DirectLoansNetAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AmountGranted" xlink:label="AmountGranted" xlink:title="AmountGranted" />
    <link:label xlink:type="resource" xlink:label="bap_AmountGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AmountGranted_lbl" xml:lang="en-US" id="bap_AmountGranted_lbl">Represents the total amount granted under the program.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountGranted" xlink:to="bap_AmountGranted_lbl" xlink:title="label: AmountGranted to bap_AmountGranted_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AmountGranted_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AmountGranted_lbl1" xml:lang="en-US" id="bap_AmountGranted_lbl1">Amount granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountGranted" xlink:to="bap_AmountGranted_lbl1" xlink:title="label: AmountGranted to bap_AmountGranted_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AmountGranted" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_AmountGranted" xml:lang="en-US" id="bap_AmountGranted">Credits granted</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmountGranted" xlink:to="bap_AmountGranted" xlink:title="label: AmountGranted to bap_AmountGranted" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TotalGrossBalanceOfLoans" xlink:label="TotalGrossBalanceOfLoans" xlink:title="TotalGrossBalanceOfLoans" />
    <link:label xlink:type="resource" xlink:label="bap_TotalGrossBalanceOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TotalGrossBalanceOfLoans_lbl" xml:lang="en-US" id="bap_TotalGrossBalanceOfLoans_lbl">The gross amount of loans including internally overdue loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalGrossBalanceOfLoans" xlink:to="bap_TotalGrossBalanceOfLoans_lbl" xlink:title="label: TotalGrossBalanceOfLoans to bap_TotalGrossBalanceOfLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TotalGrossBalanceOfLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TotalGrossBalanceOfLoans_lbl1" xml:lang="en-US" id="bap_TotalGrossBalanceOfLoans_lbl1">Total gross balance of loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalGrossBalanceOfLoans" xlink:to="bap_TotalGrossBalanceOfLoans_lbl1" xlink:title="label: TotalGrossBalanceOfLoans to bap_TotalGrossBalanceOfLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TotalGrossBalanceOfLoans" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_TotalGrossBalanceOfLoans" xml:lang="en-US" id="bap_TotalGrossBalanceOfLoans">Total</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalGrossBalanceOfLoans" xlink:to="bap_TotalGrossBalanceOfLoans" xlink:title="label: TotalGrossBalanceOfLoans to bap_TotalGrossBalanceOfLoans" />
    <link:label xlink:type="resource" xlink:label="bap_TotalGrossBalanceOfLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:title="bap_TotalGrossBalanceOfLoans_lbl2" xml:lang="en-US" id="bap_TotalGrossBalanceOfLoans_lbl2">Beginning balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalGrossBalanceOfLoans" xlink:to="bap_TotalGrossBalanceOfLoans_lbl2" xlink:title="label: TotalGrossBalanceOfLoans to bap_TotalGrossBalanceOfLoans_lbl2" />
    <link:label xlink:type="resource" xlink:label="bap_TotalGrossBalanceOfLoans_lbl3" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:title="bap_TotalGrossBalanceOfLoans_lbl3" xml:lang="en-US" id="bap_TotalGrossBalanceOfLoans_lbl3">Ending balance</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TotalGrossBalanceOfLoans" xlink:to="bap_TotalGrossBalanceOfLoans_lbl3" xlink:title="label: TotalGrossBalanceOfLoans to bap_TotalGrossBalanceOfLoans_lbl3" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ResidentialMortgageLoansMember" xlink:label="ResidentialMortgageLoansMember" xlink:title="ResidentialMortgageLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_ResidentialMortgageLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ResidentialMortgageLoansMember_lbl" xml:lang="en-US" id="bap_ResidentialMortgageLoansMember_lbl">This member stands for loan to purchase or refinance residential real estate for example, but not limited to, a home, in which the real estate itself serves as collateral for the loan.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResidentialMortgageLoansMember" xlink:to="bap_ResidentialMortgageLoansMember_lbl" xlink:title="label: ResidentialMortgageLoansMember to bap_ResidentialMortgageLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ResidentialMortgageLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ResidentialMortgageLoansMember_lbl1" xml:lang="en-US" id="bap_ResidentialMortgageLoansMember_lbl1">Residential mortgage loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResidentialMortgageLoansMember" xlink:to="bap_ResidentialMortgageLoansMember_lbl1" xlink:title="label: ResidentialMortgageLoansMember to bap_ResidentialMortgageLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ResidentialMortgageLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ResidentialMortgageLoansMember" xml:lang="en-US" id="bap_ResidentialMortgageLoansMember">Residential Mortgage Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ResidentialMortgageLoansMember" xlink:to="bap_ResidentialMortgageLoansMember" xlink:title="label: ResidentialMortgageLoansMember to bap_ResidentialMortgageLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StageOneMember" xlink:label="StageOneMember" xlink:title="StageOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_StageOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StageOneMember_lbl" xml:lang="en-US" id="bap_StageOneMember_lbl">This member stands for stage one of movement of loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageOneMember" xlink:to="bap_StageOneMember_lbl" xlink:title="label: StageOneMember to bap_StageOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StageOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StageOneMember_lbl1" xml:lang="en-US" id="bap_StageOneMember_lbl1">Stage one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageOneMember" xlink:to="bap_StageOneMember_lbl1" xlink:title="label: StageOneMember to bap_StageOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StageOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StageOneMember" xml:lang="en-US" id="bap_StageOneMember">Stage 1 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageOneMember" xlink:to="bap_StageOneMember" xlink:title="label: StageOneMember to bap_StageOneMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StageTwoMember" xlink:label="StageTwoMember" xlink:title="StageTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_StageTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StageTwoMember_lbl" xml:lang="en-US" id="bap_StageTwoMember_lbl">This member stands for stage two of movement of loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageTwoMember" xlink:to="bap_StageTwoMember_lbl" xlink:title="label: StageTwoMember to bap_StageTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StageTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StageTwoMember_lbl1" xml:lang="en-US" id="bap_StageTwoMember_lbl1">Stage two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageTwoMember" xlink:to="bap_StageTwoMember_lbl1" xlink:title="label: StageTwoMember to bap_StageTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StageTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StageTwoMember" xml:lang="en-US" id="bap_StageTwoMember">Stage 2 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageTwoMember" xlink:to="bap_StageTwoMember" xlink:title="label: StageTwoMember to bap_StageTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ConsolidationOfAllStagesMember" xlink:label="ConsolidationOfAllStagesMember" xlink:title="ConsolidationOfAllStagesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ConsolidationOfAllStagesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ConsolidationOfAllStagesMember_lbl" xml:lang="en-US" id="bap_ConsolidationOfAllStagesMember_lbl">This member stands for consolidation of all stages of movement in gross balance of loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidationOfAllStagesMember" xlink:to="bap_ConsolidationOfAllStagesMember_lbl" xlink:title="label: ConsolidationOfAllStagesMember to bap_ConsolidationOfAllStagesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ConsolidationOfAllStagesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ConsolidationOfAllStagesMember_lbl1" xml:lang="en-US" id="bap_ConsolidationOfAllStagesMember_lbl1">Consolidation of all stages [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidationOfAllStagesMember" xlink:to="bap_ConsolidationOfAllStagesMember_lbl1" xlink:title="label: ConsolidationOfAllStagesMember to bap_ConsolidationOfAllStagesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ConsolidationOfAllStagesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ConsolidationOfAllStagesMember" xml:lang="en-US" id="bap_ConsolidationOfAllStagesMember">Consolidated 3 Stages [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConsolidationOfAllStagesMember" xlink:to="bap_ConsolidationOfAllStagesMember" xlink:title="label: ConsolidationOfAllStagesMember to bap_ConsolidationOfAllStagesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MicroBusinessLoansMember" xlink:label="MicroBusinessLoansMember" xlink:title="MicroBusinessLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_MicroBusinessLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MicroBusinessLoansMember_lbl" xml:lang="en-US" id="bap_MicroBusinessLoansMember_lbl">This member stands for loans that are made to micro businesses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicroBusinessLoansMember" xlink:to="bap_MicroBusinessLoansMember_lbl" xlink:title="label: MicroBusinessLoansMember to bap_MicroBusinessLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MicroBusinessLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MicroBusinessLoansMember_lbl1" xml:lang="en-US" id="bap_MicroBusinessLoansMember_lbl1">Micro business loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicroBusinessLoansMember" xlink:to="bap_MicroBusinessLoansMember_lbl1" xlink:title="label: MicroBusinessLoansMember to bap_MicroBusinessLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MicroBusinessLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MicroBusinessLoansMember" xml:lang="en-US" id="bap_MicroBusinessLoansMember">Micro-Business Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MicroBusinessLoansMember" xlink:to="bap_MicroBusinessLoansMember" xlink:title="label: MicroBusinessLoansMember to bap_MicroBusinessLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossBalanceOfLoanPortfolioRollForward" xlink:label="GrossBalanceOfLoanPortfolioRollForward" xlink:title="GrossBalanceOfLoanPortfolioRollForward" />
    <link:label xlink:type="resource" xlink:label="bap_GrossBalanceOfLoanPortfolioRollForward_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossBalanceOfLoanPortfolioRollForward_lbl" xml:lang="en-US" id="bap_GrossBalanceOfLoanPortfolioRollForward_lbl">A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossBalanceOfLoanPortfolioRollForward" xlink:to="bap_GrossBalanceOfLoanPortfolioRollForward_lbl" xlink:title="label: GrossBalanceOfLoanPortfolioRollForward to bap_GrossBalanceOfLoanPortfolioRollForward_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossBalanceOfLoanPortfolioRollForward_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossBalanceOfLoanPortfolioRollForward_lbl1" xml:lang="en-US" id="bap_GrossBalanceOfLoanPortfolioRollForward_lbl1">Gross balance of loan portfolio [Roll Forward]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossBalanceOfLoanPortfolioRollForward" xlink:to="bap_GrossBalanceOfLoanPortfolioRollForward_lbl1" xlink:title="label: GrossBalanceOfLoanPortfolioRollForward to bap_GrossBalanceOfLoanPortfolioRollForward_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossBalanceOfLoanPortfolioRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrossBalanceOfLoanPortfolioRollForward" xml:lang="en-US" id="bap_GrossBalanceOfLoanPortfolioRollForward">Gross balance of loan portfolio [Roll Forward]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossBalanceOfLoanPortfolioRollForward" xlink:to="bap_GrossBalanceOfLoanPortfolioRollForward" xlink:title="label: GrossBalanceOfLoanPortfolioRollForward to bap_GrossBalanceOfLoanPortfolioRollForward" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredToStageOne" xlink:label="GrossLoansTransferredToStageOne" xlink:title="GrossLoansTransferredToStageOne" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredToStageOne_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredToStageOne_lbl">The amount entity's movement of gross balance of loan portfolio transferred to stage one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageOne" xlink:to="bap_GrossLoansTransferredToStageOne_lbl" xlink:title="label: GrossLoansTransferredToStageOne to bap_GrossLoansTransferredToStageOne_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageOne_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredToStageOne_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredToStageOne_lbl1">Gross loans transferred to stage one</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageOne" xlink:to="bap_GrossLoansTransferredToStageOne_lbl1" xlink:title="label: GrossLoansTransferredToStageOne to bap_GrossLoansTransferredToStageOne_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageOne" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredToStageOne" xml:lang="en-US" id="bap_GrossLoansTransferredToStageOne">Transfer to stage 1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageOne" xlink:to="bap_GrossLoansTransferredToStageOne" xlink:title="label: GrossLoansTransferredToStageOne to bap_GrossLoansTransferredToStageOne" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredFromStageThree" xlink:label="GrossLoansTransferredFromStageThree" xlink:title="GrossLoansTransferredFromStageThree" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredFromStageThree_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageThree_lbl">The amount entity's movement of gross balance of loan portfolio transferred from stage three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageThree" xlink:to="bap_GrossLoansTransferredFromStageThree_lbl" xlink:title="label: GrossLoansTransferredFromStageThree to bap_GrossLoansTransferredFromStageThree_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageThree_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredFromStageThree_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageThree_lbl1">Gross loans transferred from stage three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageThree" xlink:to="bap_GrossLoansTransferredFromStageThree_lbl1" xlink:title="label: GrossLoansTransferredFromStageThree to bap_GrossLoansTransferredFromStageThree_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageThree" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredFromStageThree" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageThree">Transfer from stage 3</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageThree" xlink:to="bap_GrossLoansTransferredFromStageThree" xlink:title="label: GrossLoansTransferredFromStageThree to bap_GrossLoansTransferredFromStageThree" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredToStageTwo" xlink:label="GrossLoansTransferredToStageTwo" xlink:title="GrossLoansTransferredToStageTwo" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredToStageTwo_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredToStageTwo_lbl">The amount entity's movement of gross balance of loan portfolio transferred to stage two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageTwo" xlink:to="bap_GrossLoansTransferredToStageTwo_lbl" xlink:title="label: GrossLoansTransferredToStageTwo to bap_GrossLoansTransferredToStageTwo_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageTwo_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredToStageTwo_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredToStageTwo_lbl1">Gross loans transferred to stage two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageTwo" xlink:to="bap_GrossLoansTransferredToStageTwo_lbl1" xlink:title="label: GrossLoansTransferredToStageTwo to bap_GrossLoansTransferredToStageTwo_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageTwo" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredToStageTwo" xml:lang="en-US" id="bap_GrossLoansTransferredToStageTwo">Transfer to stage 2</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageTwo" xlink:to="bap_GrossLoansTransferredToStageTwo" xlink:title="label: GrossLoansTransferredToStageTwo to bap_GrossLoansTransferredToStageTwo" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredFromStageTwo" xlink:label="GrossLoansTransferredFromStageTwo" xlink:title="GrossLoansTransferredFromStageTwo" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageTwo_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredFromStageTwo_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageTwo_lbl">The amount entity's movement of gross balance of loan portfolio transferred from stage two.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageTwo" xlink:to="bap_GrossLoansTransferredFromStageTwo_lbl" xlink:title="label: GrossLoansTransferredFromStageTwo to bap_GrossLoansTransferredFromStageTwo_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageTwo_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredFromStageTwo_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageTwo_lbl1">Gross loans transferred from stage two</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageTwo" xlink:to="bap_GrossLoansTransferredFromStageTwo_lbl1" xlink:title="label: GrossLoansTransferredFromStageTwo to bap_GrossLoansTransferredFromStageTwo_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageTwo" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredFromStageTwo" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageTwo">Transfer from stage 2</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageTwo" xlink:to="bap_GrossLoansTransferredFromStageTwo" xlink:title="label: GrossLoansTransferredFromStageTwo to bap_GrossLoansTransferredFromStageTwo" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransfersInBetweenClassesOfLoans" xlink:label="GrossLoansTransfersInBetweenClassesOfLoans" xlink:title="GrossLoansTransfersInBetweenClassesOfLoans" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl" xml:lang="en-US" id="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl">The amount entity's movement of gross balance of loan portfolio transferred in between classes of loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransfersInBetweenClassesOfLoans" xlink:to="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl" xlink:title="label: GrossLoansTransfersInBetweenClassesOfLoans to bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl1" xml:lang="en-US" id="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl1">Gross loans transfers in between classes of loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransfersInBetweenClassesOfLoans" xlink:to="bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl1" xlink:title="label: GrossLoansTransfersInBetweenClassesOfLoans to bap_GrossLoansTransfersInBetweenClassesOfLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransfersInBetweenClassesOfLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransfersInBetweenClassesOfLoans" xml:lang="en-US" id="bap_GrossLoansTransfersInBetweenClassesOfLoans">Transfers between classes of loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransfersInBetweenClassesOfLoans" xlink:to="bap_GrossLoansTransfersInBetweenClassesOfLoans" xlink:title="label: GrossLoansTransfersInBetweenClassesOfLoans to bap_GrossLoansTransfersInBetweenClassesOfLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredFromStageOne" xlink:label="GrossLoansTransferredFromStageOne" xlink:title="GrossLoansTransferredFromStageOne" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageOne_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredFromStageOne_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageOne_lbl">The amount entity's movement of gross balance of loan portfolio transferred from stage one.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageOne" xlink:to="bap_GrossLoansTransferredFromStageOne_lbl" xlink:title="label: GrossLoansTransferredFromStageOne to bap_GrossLoansTransferredFromStageOne_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageOne_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredFromStageOne_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageOne_lbl1">Gross loans transferred from stage one</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageOne" xlink:to="bap_GrossLoansTransferredFromStageOne_lbl1" xlink:title="label: GrossLoansTransferredFromStageOne to bap_GrossLoansTransferredFromStageOne_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredFromStageOne" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredFromStageOne" xml:lang="en-US" id="bap_GrossLoansTransferredFromStageOne">Transfer from stage 1</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredFromStageOne" xlink:to="bap_GrossLoansTransferredFromStageOne" xlink:title="label: GrossLoansTransferredFromStageOne to bap_GrossLoansTransferredFromStageOne" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExchangesDifferencesInDirectGrossLoans" xlink:label="ExchangesDifferencesInDirectGrossLoans" xlink:title="ExchangesDifferencesInDirectGrossLoans" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangesDifferencesInDirectGrossLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExchangesDifferencesInDirectGrossLoans_lbl" xml:lang="en-US" id="bap_ExchangesDifferencesInDirectGrossLoans_lbl">Exchange Differences</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangesDifferencesInDirectGrossLoans" xlink:to="bap_ExchangesDifferencesInDirectGrossLoans_lbl" xlink:title="label: ExchangesDifferencesInDirectGrossLoans to bap_ExchangesDifferencesInDirectGrossLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangesDifferencesInDirectGrossLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExchangesDifferencesInDirectGrossLoans_lbl1" xml:lang="en-US" id="bap_ExchangesDifferencesInDirectGrossLoans_lbl1">Exchanges differences in direct gross loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangesDifferencesInDirectGrossLoans" xlink:to="bap_ExchangesDifferencesInDirectGrossLoans_lbl1" xlink:title="label: ExchangesDifferencesInDirectGrossLoans to bap_ExchangesDifferencesInDirectGrossLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangesDifferencesInDirectGrossLoans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ExchangesDifferencesInDirectGrossLoans" xml:lang="en-US" id="bap_ExchangesDifferencesInDirectGrossLoans">Exchange differences and others</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangesDifferencesInDirectGrossLoans" xlink:to="bap_ExchangesDifferencesInDirectGrossLoans" xlink:title="label: ExchangesDifferencesInDirectGrossLoans to bap_ExchangesDifferencesInDirectGrossLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SaleOfLoanPortfolio" xlink:label="SaleOfLoanPortfolio" xlink:title="SaleOfLoanPortfolio" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfLoanPortfolio_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SaleOfLoanPortfolio_lbl" xml:lang="en-US" id="bap_SaleOfLoanPortfolio_lbl">Sales of Loans Port folio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfLoanPortfolio" xlink:to="bap_SaleOfLoanPortfolio_lbl" xlink:title="label: SaleOfLoanPortfolio to bap_SaleOfLoanPortfolio_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfLoanPortfolio_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SaleOfLoanPortfolio_lbl1" xml:lang="en-US" id="bap_SaleOfLoanPortfolio_lbl1">Sale of loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfLoanPortfolio" xlink:to="bap_SaleOfLoanPortfolio_lbl1" xlink:title="label: SaleOfLoanPortfolio to bap_SaleOfLoanPortfolio_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SaleOfLoanPortfolio" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SaleOfLoanPortfolio" xml:lang="en-US" id="bap_SaleOfLoanPortfolio">Sale of loan portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SaleOfLoanPortfolio" xlink:to="bap_SaleOfLoanPortfolio" xlink:title="label: SaleOfLoanPortfolio to bap_SaleOfLoanPortfolio" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NewLoansAcquiredLiquidationNet" xlink:label="NewLoansAcquiredLiquidationNet" xlink:title="NewLoansAcquiredLiquidationNet" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NewLoansAcquiredLiquidationNet_lbl" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationNet_lbl">The amount represents new loans and liquidation, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationNet" xlink:to="bap_NewLoansAcquiredLiquidationNet_lbl" xlink:title="label: NewLoansAcquiredLiquidationNet to bap_NewLoansAcquiredLiquidationNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NewLoansAcquiredLiquidationNet_lbl1" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationNet_lbl1">New loans acquired liquidation, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationNet" xlink:to="bap_NewLoansAcquiredLiquidationNet_lbl1" xlink:title="label: NewLoansAcquiredLiquidationNet to bap_NewLoansAcquiredLiquidationNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_NewLoansAcquiredLiquidationNet" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationNet">New loans and liquidation, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationNet" xlink:to="bap_NewLoansAcquiredLiquidationNet" xlink:title="label: NewLoansAcquiredLiquidationNet to bap_NewLoansAcquiredLiquidationNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NewLoansLiquidationAndWriteOffsNet" xlink:label="NewLoansLiquidationAndWriteOffsNet" xlink:title="NewLoansLiquidationAndWriteOffsNet" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansLiquidationAndWriteOffsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NewLoansLiquidationAndWriteOffsNet_lbl" xml:lang="en-US" id="bap_NewLoansLiquidationAndWriteOffsNet_lbl">Represents the information pertaining to new loans, liquidation and write-offs, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansLiquidationAndWriteOffsNet" xlink:to="bap_NewLoansLiquidationAndWriteOffsNet_lbl" xlink:title="label: NewLoansLiquidationAndWriteOffsNet to bap_NewLoansLiquidationAndWriteOffsNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansLiquidationAndWriteOffsNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NewLoansLiquidationAndWriteOffsNet_lbl1" xml:lang="en-US" id="bap_NewLoansLiquidationAndWriteOffsNet_lbl1">New loans, liquidation and write-offs, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansLiquidationAndWriteOffsNet" xlink:to="bap_NewLoansLiquidationAndWriteOffsNet_lbl1" xlink:title="label: NewLoansLiquidationAndWriteOffsNet to bap_NewLoansLiquidationAndWriteOffsNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansLiquidationAndWriteOffsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NewLoansLiquidationAndWriteOffsNet" xml:lang="en-US" id="bap_NewLoansLiquidationAndWriteOffsNet">New loans, liquidation and write-offs, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansLiquidationAndWriteOffsNet" xlink:to="bap_NewLoansLiquidationAndWriteOffsNet" xlink:title="label: NewLoansLiquidationAndWriteOffsNet to bap_NewLoansLiquidationAndWriteOffsNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLoansTransferredToStageThree" xlink:label="GrossLoansTransferredToStageThree" xlink:title="GrossLoansTransferredToStageThree" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageThree_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLoansTransferredToStageThree_lbl" xml:lang="en-US" id="bap_GrossLoansTransferredToStageThree_lbl">The amount entity's movement of gross balance of loan portfolio transferred to stage three.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageThree" xlink:to="bap_GrossLoansTransferredToStageThree_lbl" xlink:title="label: GrossLoansTransferredToStageThree to bap_GrossLoansTransferredToStageThree_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageThree_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLoansTransferredToStageThree_lbl1" xml:lang="en-US" id="bap_GrossLoansTransferredToStageThree_lbl1">Gross loans transferred to stage three</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageThree" xlink:to="bap_GrossLoansTransferredToStageThree_lbl1" xlink:title="label: GrossLoansTransferredToStageThree to bap_GrossLoansTransferredToStageThree_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLoansTransferredToStageThree" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_GrossLoansTransferredToStageThree" xml:lang="en-US" id="bap_GrossLoansTransferredToStageThree">Transfer to stage 3</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLoansTransferredToStageThree" xlink:to="bap_GrossLoansTransferredToStageThree" xlink:title="label: GrossLoansTransferredToStageThree to bap_GrossLoansTransferredToStageThree" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PortfolioOfDirectLoansMember" xlink:label="PortfolioOfDirectLoansMember" xlink:title="PortfolioOfDirectLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PortfolioOfDirectLoansMember_lbl" xml:lang="en-US" id="bap_PortfolioOfDirectLoansMember_lbl">This member stands for portfolio of direct loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectLoansMember" xlink:to="bap_PortfolioOfDirectLoansMember_lbl" xlink:title="label: PortfolioOfDirectLoansMember to bap_PortfolioOfDirectLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PortfolioOfDirectLoansMember_lbl1" xml:lang="en-US" id="bap_PortfolioOfDirectLoansMember_lbl1">Portfolio of direct loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectLoansMember" xlink:to="bap_PortfolioOfDirectLoansMember_lbl1" xlink:title="label: PortfolioOfDirectLoansMember to bap_PortfolioOfDirectLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PortfolioOfDirectLoansMember" xml:lang="en-US" id="bap_PortfolioOfDirectLoansMember">Portfolio of Direct Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectLoansMember" xlink:to="bap_PortfolioOfDirectLoansMember" xlink:title="label: PortfolioOfDirectLoansMember to bap_PortfolioOfDirectLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StageThreeMember" xlink:label="StageThreeMember" xlink:title="StageThreeMember" />
    <link:label xlink:type="resource" xlink:label="bap_StageThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StageThreeMember_lbl" xml:lang="en-US" id="bap_StageThreeMember_lbl">This member stands for stage three of movement of loan portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageThreeMember" xlink:to="bap_StageThreeMember_lbl" xlink:title="label: StageThreeMember to bap_StageThreeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StageThreeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StageThreeMember_lbl1" xml:lang="en-US" id="bap_StageThreeMember_lbl1">Stage three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageThreeMember" xlink:to="bap_StageThreeMember_lbl1" xlink:title="label: StageThreeMember to bap_StageThreeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StageThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StageThreeMember" xml:lang="en-US" id="bap_StageThreeMember">Stage 3 [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StageThreeMember" xlink:to="bap_StageThreeMember" xlink:title="label: StageThreeMember to bap_StageThreeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PortfolioOfDirectAndIndirectLoansMember" xlink:label="PortfolioOfDirectAndIndirectLoansMember" xlink:title="PortfolioOfDirectAndIndirectLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectAndIndirectLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PortfolioOfDirectAndIndirectLoansMember_lbl" xml:lang="en-US" id="bap_PortfolioOfDirectAndIndirectLoansMember_lbl">This member stands for portfolio of direct and indirect loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectAndIndirectLoansMember" xlink:to="bap_PortfolioOfDirectAndIndirectLoansMember_lbl" xlink:title="label: PortfolioOfDirectAndIndirectLoansMember to bap_PortfolioOfDirectAndIndirectLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectAndIndirectLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PortfolioOfDirectAndIndirectLoansMember_lbl1" xml:lang="en-US" id="bap_PortfolioOfDirectAndIndirectLoansMember_lbl1">Portfolio of direct and indirect loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectAndIndirectLoansMember" xlink:to="bap_PortfolioOfDirectAndIndirectLoansMember_lbl1" xlink:title="label: PortfolioOfDirectAndIndirectLoansMember to bap_PortfolioOfDirectAndIndirectLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PortfolioOfDirectAndIndirectLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PortfolioOfDirectAndIndirectLoansMember" xml:lang="en-US" id="bap_PortfolioOfDirectAndIndirectLoansMember">Portfolio of Direct and Indirect Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PortfolioOfDirectAndIndirectLoansMember" xlink:to="bap_PortfolioOfDirectAndIndirectLoansMember" xlink:title="label: PortfolioOfDirectAndIndirectLoansMember to bap_PortfolioOfDirectAndIndirectLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CreditLossProvisionForIndirectCredits" xlink:label="CreditLossProvisionForIndirectCredits" xlink:title="CreditLossProvisionForIndirectCredits" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLossProvisionForIndirectCredits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CreditLossProvisionForIndirectCredits_lbl" xml:lang="en-US" id="bap_CreditLossProvisionForIndirectCredits_lbl">The amount of credit loss provision for indirect credits and bank acceptances.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossProvisionForIndirectCredits" xlink:to="bap_CreditLossProvisionForIndirectCredits_lbl" xlink:title="label: CreditLossProvisionForIndirectCredits to bap_CreditLossProvisionForIndirectCredits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLossProvisionForIndirectCredits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CreditLossProvisionForIndirectCredits_lbl1" xml:lang="en-US" id="bap_CreditLossProvisionForIndirectCredits_lbl1">Credit loss provision for indirect credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossProvisionForIndirectCredits" xlink:to="bap_CreditLossProvisionForIndirectCredits_lbl1" xlink:title="label: CreditLossProvisionForIndirectCredits to bap_CreditLossProvisionForIndirectCredits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NewLoansAcquiredLiquidationAndForgivensNet" xlink:label="NewLoansAcquiredLiquidationAndForgivensNet" xlink:title="NewLoansAcquiredLiquidationAndForgivensNet" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl">The amount represents New loans, liquidation and forgivens, net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationAndForgivensNet" xlink:to="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl" xlink:title="label: NewLoansAcquiredLiquidationAndForgivensNet to bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl1" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl1">New Loans Acquired Liquidation And Forgivens Net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationAndForgivensNet" xlink:to="bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl1" xlink:title="label: NewLoansAcquiredLiquidationAndForgivensNet to bap_NewLoansAcquiredLiquidationAndForgivensNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NewLoansAcquiredLiquidationAndForgivensNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NewLoansAcquiredLiquidationAndForgivensNet" xml:lang="en-US" id="bap_NewLoansAcquiredLiquidationAndForgivensNet">New loans and liquidation, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NewLoansAcquiredLiquidationAndForgivensNet" xlink:to="bap_NewLoansAcquiredLiquidationAndForgivensNet" xlink:title="label: NewLoansAcquiredLiquidationAndForgivensNet to bap_NewLoansAcquiredLiquidationAndForgivensNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInPDLGDAndEAD" xlink:label="ChangesInPDLGDAndEAD" xlink:title="ChangesInPDLGDAndEAD" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInPDLGDAndEAD_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInPDLGDAndEAD_lbl" xml:lang="en-US" id="bap_ChangesInPDLGDAndEAD_lbl">Changes in credit loss due to the PD, LGD and EAD models during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInPDLGDAndEAD" xlink:to="bap_ChangesInPDLGDAndEAD_lbl" xlink:title="label: ChangesInPDLGDAndEAD to bap_ChangesInPDLGDAndEAD_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInPDLGDAndEAD_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInPDLGDAndEAD_lbl1" xml:lang="en-US" id="bap_ChangesInPDLGDAndEAD_lbl1">Changes in PD, LGD, and EAD</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInPDLGDAndEAD" xlink:to="bap_ChangesInPDLGDAndEAD_lbl1" xlink:title="label: ChangesInPDLGDAndEAD to bap_ChangesInPDLGDAndEAD_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInPDLGDAndEAD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ChangesInPDLGDAndEAD" xml:lang="en-US" id="bap_ChangesInPDLGDAndEAD">Changes in PD, LGD and EAD</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInPDLGDAndEAD" xlink:to="bap_ChangesInPDLGDAndEAD" xlink:title="label: ChangesInPDLGDAndEAD to bap_ChangesInPDLGDAndEAD" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CreditLossProvisionForDirectCredits" xlink:label="CreditLossProvisionForDirectCredits" xlink:title="CreditLossProvisionForDirectCredits" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLossProvisionForDirectCredits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CreditLossProvisionForDirectCredits_lbl" xml:lang="en-US" id="bap_CreditLossProvisionForDirectCredits_lbl">The amount of credit loss provision for direct credits and bank acceptances.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossProvisionForDirectCredits" xlink:to="bap_CreditLossProvisionForDirectCredits_lbl" xlink:title="label: CreditLossProvisionForDirectCredits to bap_CreditLossProvisionForDirectCredits_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CreditLossProvisionForDirectCredits_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CreditLossProvisionForDirectCredits_lbl1" xml:lang="en-US" id="bap_CreditLossProvisionForDirectCredits_lbl1">Credit loss provision for direct credits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditLossProvisionForDirectCredits" xlink:to="bap_CreditLossProvisionForDirectCredits_lbl1" xlink:title="label: CreditLossProvisionForDirectCredits to bap_CreditLossProvisionForDirectCredits_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:label="DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:title="DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl">The disclosure of group holds interests in various funds managed by certain of group's subsidiaries.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl" xlink:title="label: DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock to bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl1">Disclosure of group holds interests in various funds managed by certain of group's subsidiaries explanatory [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl1" xlink:title="label: DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock to bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock">Details of Funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" xlink:title="label: DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock to bap_DisclosureOfGroupHoldsInterestsInVariousFundsManagedByCertainOfGroupSSubsidiariesExplanatoryTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:label="KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:title="KeyExecutivesCompensationExplanatoryTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl" xml:lang="en-US" id="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl">The disclosure of Key executives compensation (including the related income taxes assumed by the Group).</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:to="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl" xlink:title="label: KeyExecutivesCompensationExplanatoryTableTextBlock to bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl1" xml:lang="en-US" id="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl1">Key executives compensation explanatory [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:to="bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl1" xlink:title="label: KeyExecutivesCompensationExplanatoryTableTextBlock to bap_KeyExecutivesCompensationExplanatoryTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_KeyExecutivesCompensationExplanatoryTableTextBlock" xml:lang="en-US" id="bap_KeyExecutivesCompensationExplanatoryTableTextBlock">Key Executives Compensation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:to="bap_KeyExecutivesCompensationExplanatoryTableTextBlock" xlink:title="label: KeyExecutivesCompensationExplanatoryTableTextBlock to bap_KeyExecutivesCompensationExplanatoryTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OthersCountriesMember" xlink:label="OthersCountriesMember" xlink:title="OthersCountriesMember" />
    <link:label xlink:type="resource" xlink:label="bap_OthersCountriesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OthersCountriesMember_lbl1" xml:lang="en-US" id="bap_OthersCountriesMember_lbl1">Others Countries [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersCountriesMember" xlink:to="bap_OthersCountriesMember_lbl1" xlink:title="label: OthersCountriesMember to bap_OthersCountriesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OthersCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OthersCountriesMember" xml:lang="en-US" id="bap_OthersCountriesMember">Others [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OthersCountriesMember" xlink:to="bap_OthersCountriesMember" xlink:title="label: OthersCountriesMember to bap_OthersCountriesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract" xlink:label="DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract" xlink:title="DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract_lbl1" xml:lang="en-US" id="bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract_lbl1">Distribution of total revenue, operating revenue and non-current assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract" xlink:to="bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract_lbl1" xlink:title="label: DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract to bap_DistributionOfTotalRevenueOperatingRevenueAndNonCurrentAssetsAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OperatingIncomeNet" xlink:label="OperatingIncomeNet" xlink:title="OperatingIncomeNet" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OperatingIncomeNet_lbl" xml:lang="en-US" id="bap_OperatingIncomeNet_lbl">The amount of operating income of the entity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeNet" xlink:to="bap_OperatingIncomeNet_lbl" xlink:title="label: OperatingIncomeNet to bap_OperatingIncomeNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingIncomeNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OperatingIncomeNet_lbl1" xml:lang="en-US" id="bap_OperatingIncomeNet_lbl1">Operating income, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeNet" xlink:to="bap_OperatingIncomeNet_lbl1" xlink:title="label: OperatingIncomeNet to bap_OperatingIncomeNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OperatingIncomeNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OperatingIncomeNet" xml:lang="en-US" id="bap_OperatingIncomeNet">Operating income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingIncomeNet" xlink:to="bap_OperatingIncomeNet" xlink:title="label: OperatingIncomeNet to bap_OperatingIncomeNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PacificoCompaniaDeSegurosYReasegurosMember" xlink:label="PacificoCompaniaDeSegurosYReasegurosMember" xlink:title="PacificoCompaniaDeSegurosYReasegurosMember" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl" xml:lang="en-US" id="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl">This member stands for pacifico compania de seguros y reaseguros.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoCompaniaDeSegurosYReasegurosMember" xlink:to="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl" xlink:title="label: PacificoCompaniaDeSegurosYReasegurosMember to bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl1" xml:lang="en-US" id="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl1">Pacifico compania de seguros y reaseguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoCompaniaDeSegurosYReasegurosMember" xlink:to="bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl1" xlink:title="label: PacificoCompaniaDeSegurosYReasegurosMember to bap_PacificoCompaniaDeSegurosYReasegurosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PacificoCompaniaDeSegurosYReasegurosMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PacificoCompaniaDeSegurosYReasegurosMember" xml:lang="en-US" id="bap_PacificoCompaniaDeSegurosYReasegurosMember">Pacifico Compania de Seguros y Reaseguros [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PacificoCompaniaDeSegurosYReasegurosMember" xlink:to="bap_PacificoCompaniaDeSegurosYReasegurosMember" xlink:title="label: PacificoCompaniaDeSegurosYReasegurosMember to bap_PacificoCompaniaDeSegurosYReasegurosMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrupoCreditoMember" xlink:label="GrupoCreditoMember" xlink:title="GrupoCreditoMember" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCreditoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrupoCreditoMember_lbl" xml:lang="en-US" id="bap_GrupoCreditoMember_lbl">This member stands for Grupo Credito.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCreditoMember" xlink:to="bap_GrupoCreditoMember_lbl" xlink:title="label: GrupoCreditoMember to bap_GrupoCreditoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrupoCreditoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrupoCreditoMember_lbl1" xml:lang="en-US" id="bap_GrupoCreditoMember_lbl1">Grupo Credito [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrupoCreditoMember" xlink:to="bap_GrupoCreditoMember_lbl1" xlink:title="label: GrupoCreditoMember to bap_GrupoCreditoMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalPeruMember" xlink:label="CredicorpCapitalPeruMember" xlink:title="CredicorpCapitalPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalPeruMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalPeruMember_lbl">This member stands for Credicorp Capital Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalPeruMember" xlink:to="bap_CredicorpCapitalPeruMember_lbl" xlink:title="label: CredicorpCapitalPeruMember to bap_CredicorpCapitalPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalPeruMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalPeruMember_lbl1">Credicorp Capital Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalPeruMember" xlink:to="bap_CredicorpCapitalPeruMember_lbl1" xlink:title="label: CredicorpCapitalPeruMember to bap_CredicorpCapitalPeruMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TaxAuthoritiesAbstract" xlink:label="TaxAuthoritiesAbstract" xlink:title="TaxAuthoritiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_TaxAuthoritiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TaxAuthoritiesAbstract_lbl1" xml:lang="en-US" id="bap_TaxAuthoritiesAbstract_lbl1">Tax authorities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TaxAuthoritiesAbstract" xlink:to="bap_TaxAuthoritiesAbstract_lbl1" xlink:title="label: TaxAuthoritiesAbstract to bap_TaxAuthoritiesAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:label="MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:title="MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl" xml:lang="en-US" id="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl">The maximum period the authority has right to review and amend the annual income tax returns after their filing date, in in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:to="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl" xlink:title="label: MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate to bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl1" xml:lang="en-US" id="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl1">Maximum period that authority has right to review and amend the annual income tax returns after their filing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:to="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl1" xlink:title="label: MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate to bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xml:lang="en-US" id="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate">Maximum period that authority has right to review and amend the annual income tax returns after their filing date</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:to="bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" xlink:title="label: MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate to bap_MaximumPeriodThatAuthorityHasRightToReviewAndAmendTheAnnualIncomeTaxReturnsAfterTheirFilingDate" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SwornDeclarationOfIncomeTaxYear" xlink:label="SwornDeclarationOfIncomeTaxYear" xlink:title="SwornDeclarationOfIncomeTaxYear" />
    <link:label xlink:type="resource" xlink:label="bap_SwornDeclarationOfIncomeTaxYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SwornDeclarationOfIncomeTaxYear_lbl" xml:lang="en-US" id="bap_SwornDeclarationOfIncomeTaxYear_lbl">Income tax year during which tax authority is auditing the sworn declaration.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwornDeclarationOfIncomeTaxYear" xlink:to="bap_SwornDeclarationOfIncomeTaxYear_lbl" xlink:title="label: SwornDeclarationOfIncomeTaxYear to bap_SwornDeclarationOfIncomeTaxYear_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SwornDeclarationOfIncomeTaxYear_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SwornDeclarationOfIncomeTaxYear_lbl1" xml:lang="en-US" id="bap_SwornDeclarationOfIncomeTaxYear_lbl1">Sworn declaration of income tax year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwornDeclarationOfIncomeTaxYear" xlink:to="bap_SwornDeclarationOfIncomeTaxYear_lbl1" xlink:title="label: SwornDeclarationOfIncomeTaxYear to bap_SwornDeclarationOfIncomeTaxYear_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SwornDeclarationOfIncomeTaxYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SwornDeclarationOfIncomeTaxYear" xml:lang="en-US" id="bap_SwornDeclarationOfIncomeTaxYear">Sworn declaration of income tax year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SwornDeclarationOfIncomeTaxYear" xlink:to="bap_SwornDeclarationOfIncomeTaxYear" xlink:title="label: SwornDeclarationOfIncomeTaxYear to bap_SwornDeclarationOfIncomeTaxYear" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CredicorpCapitalHoldingPeruMember" xlink:label="CredicorpCapitalHoldingPeruMember" xlink:title="CredicorpCapitalHoldingPeruMember" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingPeruMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CredicorpCapitalHoldingPeruMember_lbl" xml:lang="en-US" id="bap_CredicorpCapitalHoldingPeruMember_lbl">This member stands for Credicorp Capital Holding Peru.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingPeruMember" xlink:to="bap_CredicorpCapitalHoldingPeruMember_lbl" xlink:title="label: CredicorpCapitalHoldingPeruMember to bap_CredicorpCapitalHoldingPeruMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CredicorpCapitalHoldingPeruMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CredicorpCapitalHoldingPeruMember_lbl1" xml:lang="en-US" id="bap_CredicorpCapitalHoldingPeruMember_lbl1">Credicorp Capital Holding Peru [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CredicorpCapitalHoldingPeruMember" xlink:to="bap_CredicorpCapitalHoldingPeruMember_lbl1" xlink:title="label: CredicorpCapitalHoldingPeruMember to bap_CredicorpCapitalHoldingPeruMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OpenIncomeTaxYear" xlink:label="OpenIncomeTaxYear" xlink:title="OpenIncomeTaxYear" />
    <link:label xlink:type="resource" xlink:label="bap_OpenIncomeTaxYear_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OpenIncomeTaxYear_lbl" xml:lang="en-US" id="bap_OpenIncomeTaxYear_lbl">Tax year that remains open to examination under enacted tax laws</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpenIncomeTaxYear" xlink:to="bap_OpenIncomeTaxYear_lbl" xlink:title="label: OpenIncomeTaxYear to bap_OpenIncomeTaxYear_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OpenIncomeTaxYear_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OpenIncomeTaxYear_lbl1" xml:lang="en-US" id="bap_OpenIncomeTaxYear_lbl1">Open income tax year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpenIncomeTaxYear" xlink:to="bap_OpenIncomeTaxYear_lbl1" xlink:title="label: OpenIncomeTaxYear to bap_OpenIncomeTaxYear_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OpenIncomeTaxYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OpenIncomeTaxYear" xml:lang="en-US" id="bap_OpenIncomeTaxYear">Tax year open to examination</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OpenIncomeTaxYear" xlink:to="bap_OpenIncomeTaxYear" xlink:title="label: OpenIncomeTaxYear to bap_OpenIncomeTaxYear" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CementosPacasmayoS.aMember" xlink:label="CementosPacasmayoS.aMember" xlink:title="CementosPacasmayoS.aMember" />
    <link:label xlink:type="resource" xlink:label="bap_CementosPacasmayoS.aMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CementosPacasmayoS.aMember_lbl" xml:lang="en-US" id="bap_CementosPacasmayoS.aMember_lbl">This member stands for Cementos Pacasmayo S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CementosPacasmayoS.aMember" xlink:to="bap_CementosPacasmayoS.aMember_lbl" xlink:title="label: CementosPacasmayoS.aMember to bap_CementosPacasmayoS.aMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CementosPacasmayoS.aMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CementosPacasmayoS.aMember_lbl1" xml:lang="en-US" id="bap_CementosPacasmayoS.aMember_lbl1">Cementos Pacasmayo S.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CementosPacasmayoS.aMember" xlink:to="bap_CementosPacasmayoS.aMember_lbl1" xlink:title="label: CementosPacasmayoS.aMember to bap_CementosPacasmayoS.aMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CementosPacasmayoS.aMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CementosPacasmayoS.aMember" xml:lang="en-US" id="bap_CementosPacasmayoS.aMember">Cementos Pacasmayo S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CementosPacasmayoS.aMember" xlink:to="bap_CementosPacasmayoS.aMember" xlink:title="label: CementosPacasmayoS.aMember to bap_CementosPacasmayoS.aMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CorporacionPrimaxMember" xlink:label="CorporacionPrimaxMember" xlink:title="CorporacionPrimaxMember" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionPrimaxMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CorporacionPrimaxMember_lbl" xml:lang="en-US" id="bap_CorporacionPrimaxMember_lbl">This member stands for Corporacion Primax.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionPrimaxMember" xlink:to="bap_CorporacionPrimaxMember_lbl" xlink:title="label: CorporacionPrimaxMember to bap_CorporacionPrimaxMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionPrimaxMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CorporacionPrimaxMember_lbl1" xml:lang="en-US" id="bap_CorporacionPrimaxMember_lbl1">Corporacion Primax [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionPrimaxMember" xlink:to="bap_CorporacionPrimaxMember_lbl1" xlink:title="label: CorporacionPrimaxMember to bap_CorporacionPrimaxMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CorporacionPrimaxMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CorporacionPrimaxMember" xml:lang="en-US" id="bap_CorporacionPrimaxMember">Corporacion Primax [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CorporacionPrimaxMember" xlink:to="bap_CorporacionPrimaxMember" xlink:title="label: CorporacionPrimaxMember to bap_CorporacionPrimaxMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:label="EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:title="EmployeesDirectorsKeyManagementAndFamilyMembersMember" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl" xml:lang="en-US" id="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl">This member stands for employees, directors, key management and family members.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:to="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl" xlink:title="label: EmployeesDirectorsKeyManagementAndFamilyMembersMember to bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl1" xml:lang="en-US" id="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl1">Employees, directors, key management and family members [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:to="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl1" xlink:title="label: EmployeesDirectorsKeyManagementAndFamilyMembersMember to bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember" xml:lang="en-US" id="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember">Employees, Directors, Key Management and Family Members [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:to="bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember" xlink:title="label: EmployeesDirectorsKeyManagementAndFamilyMembersMember to bap_EmployeesDirectorsKeyManagementAndFamilyMembersMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StatementOfRelatedPartyFinancialPositionAbstract" xlink:label="StatementOfRelatedPartyFinancialPositionAbstract" xlink:title="StatementOfRelatedPartyFinancialPositionAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_StatementOfRelatedPartyFinancialPositionAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StatementOfRelatedPartyFinancialPositionAbstract_lbl1" xml:lang="en-US" id="bap_StatementOfRelatedPartyFinancialPositionAbstract_lbl1">Statement of related party financial position [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfRelatedPartyFinancialPositionAbstract" xlink:to="bap_StatementOfRelatedPartyFinancialPositionAbstract_lbl1" xlink:title="label: StatementOfRelatedPartyFinancialPositionAbstract to bap_StatementOfRelatedPartyFinancialPositionAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StatementOfRelatedPartyFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StatementOfRelatedPartyFinancialPositionAbstract" xml:lang="en-US" id="bap_StatementOfRelatedPartyFinancialPositionAbstract">Statement of financial position [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatementOfRelatedPartyFinancialPositionAbstract" xlink:to="bap_StatementOfRelatedPartyFinancialPositionAbstract" xlink:title="label: StatementOfRelatedPartyFinancialPositionAbstract to bap_StatementOfRelatedPartyFinancialPositionAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativesAtFairValueRelatedPartyTransactions" xlink:label="DerivativesAtFairValueRelatedPartyTransactions" xlink:title="DerivativesAtFairValueRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl">The fair value amount of derivative asset involved in related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesAtFairValueRelatedPartyTransactions" xlink:to="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl" xlink:title="label: DerivativesAtFairValueRelatedPartyTransactions to bap_DerivativesAtFairValueRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl1">Derivatives at fair value, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesAtFairValueRelatedPartyTransactions" xlink:to="bap_DerivativesAtFairValueRelatedPartyTransactions_lbl1" xlink:title="label: DerivativesAtFairValueRelatedPartyTransactions to bap_DerivativesAtFairValueRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativesAtFairValueRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativesAtFairValueRelatedPartyTransactions" xml:lang="en-US" id="bap_DerivativesAtFairValueRelatedPartyTransactions">Derivatives at fair value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativesAtFairValueRelatedPartyTransactions" xlink:to="bap_DerivativesAtFairValueRelatedPartyTransactions" xlink:title="label: DerivativesAtFairValueRelatedPartyTransactions to bap_DerivativesAtFairValueRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RelatedPartyProfitOrLossAbstract" xlink:label="RelatedPartyProfitOrLossAbstract" xlink:title="RelatedPartyProfitOrLossAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_RelatedPartyProfitOrLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RelatedPartyProfitOrLossAbstract_lbl1" xml:lang="en-US" id="bap_RelatedPartyProfitOrLossAbstract_lbl1">Related party, profit or loss [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyProfitOrLossAbstract" xlink:to="bap_RelatedPartyProfitOrLossAbstract_lbl1" xlink:title="label: RelatedPartyProfitOrLossAbstract to bap_RelatedPartyProfitOrLossAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RelatedPartyProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_RelatedPartyProfitOrLossAbstract" xml:lang="en-US" id="bap_RelatedPartyProfitOrLossAbstract">Statement of income [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RelatedPartyProfitOrLossAbstract" xlink:to="bap_RelatedPartyProfitOrLossAbstract" xlink:title="label: RelatedPartyProfitOrLossAbstract to bap_RelatedPartyProfitOrLossAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:label="InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:title="InterestIncomeRelatedToLoansRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl">The amount of interest income related to loans in related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:to="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl" xlink:title="label: InterestIncomeRelatedToLoansRelatedPartyTransactions to bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl1">Interest income related to loans, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:to="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl1" xlink:title="label: InterestIncomeRelatedToLoansRelatedPartyTransactions to bap_InterestIncomeRelatedToLoansRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions" xml:lang="en-US" id="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions">Interest income related to loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:to="bap_InterestIncomeRelatedToLoansRelatedPartyTransactions" xlink:title="label: InterestIncomeRelatedToLoansRelatedPartyTransactions to bap_InterestIncomeRelatedToLoansRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsRelatedPartyTransactions" xlink:label="InvestmentsRelatedPartyTransactions" xlink:title="InvestmentsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentsRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_InvestmentsRelatedPartyTransactions_lbl">The amount of investments in related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsRelatedPartyTransactions" xlink:to="bap_InvestmentsRelatedPartyTransactions_lbl" xlink:title="label: InvestmentsRelatedPartyTransactions to bap_InvestmentsRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_InvestmentsRelatedPartyTransactions_lbl1">Investments, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsRelatedPartyTransactions" xlink:to="bap_InvestmentsRelatedPartyTransactions_lbl1" xlink:title="label: InvestmentsRelatedPartyTransactions to bap_InvestmentsRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsRelatedPartyTransactions" xml:lang="en-US" id="bap_InvestmentsRelatedPartyTransactions">Investments (i)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsRelatedPartyTransactions" xlink:to="bap_InvestmentsRelatedPartyTransactions" xlink:title="label: InvestmentsRelatedPartyTransactions to bap_InvestmentsRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ContingentRiskAndCommitmentsAbstract" xlink:label="ContingentRiskAndCommitmentsAbstract" xlink:title="ContingentRiskAndCommitmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ContingentRiskAndCommitmentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ContingentRiskAndCommitmentsAbstract_lbl1" xml:lang="en-US" id="bap_ContingentRiskAndCommitmentsAbstract_lbl1">Contingent Risk and Commitments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentRiskAndCommitmentsAbstract" xlink:to="bap_ContingentRiskAndCommitmentsAbstract_lbl1" xlink:title="label: ContingentRiskAndCommitmentsAbstract to bap_ContingentRiskAndCommitmentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ContingentRiskAndCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ContingentRiskAndCommitmentsAbstract" xml:lang="en-US" id="bap_ContingentRiskAndCommitmentsAbstract">Contingent risks and commitments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ContingentRiskAndCommitmentsAbstract" xlink:to="bap_ContingentRiskAndCommitmentsAbstract" xlink:title="label: ContingentRiskAndCommitmentsAbstract to bap_ContingentRiskAndCommitmentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_IndirectLoansRelatedPartyTransactions" xlink:label="IndirectLoansRelatedPartyTransactions" xlink:title="IndirectLoansRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_IndirectLoansRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_IndirectLoansRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_IndirectLoansRelatedPartyTransactions_lbl">The amount of indirect loans included in related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectLoansRelatedPartyTransactions" xlink:to="bap_IndirectLoansRelatedPartyTransactions_lbl" xlink:title="label: IndirectLoansRelatedPartyTransactions to bap_IndirectLoansRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_IndirectLoansRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_IndirectLoansRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_IndirectLoansRelatedPartyTransactions_lbl1">Indirect loans, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectLoansRelatedPartyTransactions" xlink:to="bap_IndirectLoansRelatedPartyTransactions_lbl1" xlink:title="label: IndirectLoansRelatedPartyTransactions to bap_IndirectLoansRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_IndirectLoansRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_IndirectLoansRelatedPartyTransactions" xml:lang="en-US" id="bap_IndirectLoansRelatedPartyTransactions">Indirect loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IndirectLoansRelatedPartyTransactions" xlink:to="bap_IndirectLoansRelatedPartyTransactions" xlink:title="label: IndirectLoansRelatedPartyTransactions to bap_IndirectLoansRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SolesAverageInterestRateMember" xlink:label="SolesAverageInterestRateMember" xlink:title="SolesAverageInterestRateMember" />
    <link:label xlink:type="resource" xlink:label="bap_SolesAverageInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SolesAverageInterestRateMember_lbl" xml:lang="en-US" id="bap_SolesAverageInterestRateMember_lbl">This member stands for sole average interest rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesAverageInterestRateMember" xlink:to="bap_SolesAverageInterestRateMember_lbl" xlink:title="label: SolesAverageInterestRateMember to bap_SolesAverageInterestRateMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SolesAverageInterestRateMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SolesAverageInterestRateMember_lbl1" xml:lang="en-US" id="bap_SolesAverageInterestRateMember_lbl1">Soles average interest rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesAverageInterestRateMember" xlink:to="bap_SolesAverageInterestRateMember_lbl1" xlink:title="label: SolesAverageInterestRateMember to bap_SolesAverageInterestRateMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SolesAverageInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SolesAverageInterestRateMember" xml:lang="en-US" id="bap_SolesAverageInterestRateMember">Average Interest Rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SolesAverageInterestRateMember" xlink:to="bap_SolesAverageInterestRateMember" xlink:title="label: SolesAverageInterestRateMember to bap_SolesAverageInterestRateMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrencyAverageInterestRateForeignMember" xlink:label="CurrencyAverageInterestRateForeignMember" xlink:title="CurrencyAverageInterestRateForeignMember" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyAverageInterestRateForeignMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CurrencyAverageInterestRateForeignMember_lbl" xml:lang="en-US" id="bap_CurrencyAverageInterestRateForeignMember_lbl">This member stands for foreign currency average interest rate.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAverageInterestRateForeignMember" xlink:to="bap_CurrencyAverageInterestRateForeignMember_lbl" xlink:title="label: CurrencyAverageInterestRateForeignMember to bap_CurrencyAverageInterestRateForeignMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyAverageInterestRateForeignMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrencyAverageInterestRateForeignMember_lbl1" xml:lang="en-US" id="bap_CurrencyAverageInterestRateForeignMember_lbl1">Currency Average Interest Rate, Foreign [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAverageInterestRateForeignMember" xlink:to="bap_CurrencyAverageInterestRateForeignMember_lbl1" xlink:title="label: CurrencyAverageInterestRateForeignMember to bap_CurrencyAverageInterestRateForeignMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyAverageInterestRateForeignMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CurrencyAverageInterestRateForeignMember" xml:lang="en-US" id="bap_CurrencyAverageInterestRateForeignMember">Foreign Currency Average Interest Rate [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyAverageInterestRateForeignMember" xlink:to="bap_CurrencyAverageInterestRateForeignMember" xlink:title="label: CurrencyAverageInterestRateForeignMember to bap_CurrencyAverageInterestRateForeignMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherIncomeRelatedPartyTransactions" xlink:label="OtherIncomeRelatedPartyTransactions" xlink:title="OtherIncomeRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomeRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherIncomeRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_OtherIncomeRelatedPartyTransactions_lbl">The income which is classified as other resulted during the period from related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomeRelatedPartyTransactions" xlink:to="bap_OtherIncomeRelatedPartyTransactions_lbl" xlink:title="label: OtherIncomeRelatedPartyTransactions to bap_OtherIncomeRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomeRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherIncomeRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_OtherIncomeRelatedPartyTransactions_lbl1">Other income, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomeRelatedPartyTransactions" xlink:to="bap_OtherIncomeRelatedPartyTransactions_lbl1" xlink:title="label: OtherIncomeRelatedPartyTransactions to bap_OtherIncomeRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherIncomeRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_OtherIncomeRelatedPartyTransactions" xml:lang="en-US" id="bap_OtherIncomeRelatedPartyTransactions">Other income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherIncomeRelatedPartyTransactions" xlink:to="bap_OtherIncomeRelatedPartyTransactions" xlink:title="label: OtherIncomeRelatedPartyTransactions to bap_OtherIncomeRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:label="InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:title="InterestExpensesRelatedToDepositsRelatedPartyTransactions" />
    <link:label xlink:type="resource" xlink:label="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl" xml:lang="en-US" id="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl">The amount of interest expenses incurred during the period in related party transactions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:to="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl" xlink:title="label: InterestExpensesRelatedToDepositsRelatedPartyTransactions to bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl1" xml:lang="en-US" id="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl1">Interest expenses related to deposits, related party transactions</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:to="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl1" xlink:title="label: InterestExpensesRelatedToDepositsRelatedPartyTransactions to bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions" xml:lang="en-US" id="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions">Interest expenses related to deposits</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:to="bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions" xlink:title="label: InterestExpensesRelatedToDepositsRelatedPartyTransactions to bap_InterestExpensesRelatedToDepositsRelatedPartyTransactions" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GoodwillAbstract" xlink:label="GoodwillAbstract" xlink:title="GoodwillAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_GoodwillAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GoodwillAbstract_lbl1" xml:lang="en-US" id="bap_GoodwillAbstract_lbl1">Goodwill [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAbstract" xlink:to="bap_GoodwillAbstract_lbl1" xlink:title="label: GoodwillAbstract to bap_GoodwillAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GoodwillAbstract" xml:lang="en-US" id="bap_GoodwillAbstract">Goodwill [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GoodwillAbstract" xlink:to="bap_GoodwillAbstract" xlink:title="label: GoodwillAbstract to bap_GoodwillAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TenpoTechnologieSpAMember" xlink:label="TenpoTechnologieSpAMember" xlink:title="TenpoTechnologieSpAMember" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoTechnologieSpAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_TenpoTechnologieSpAMember_lbl" xml:lang="en-US" id="bap_TenpoTechnologieSpAMember_lbl">This member stands for Tenpo Technologie SpA.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoTechnologieSpAMember" xlink:to="bap_TenpoTechnologieSpAMember_lbl" xlink:title="label: TenpoTechnologieSpAMember to bap_TenpoTechnologieSpAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoTechnologieSpAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TenpoTechnologieSpAMember_lbl1" xml:lang="en-US" id="bap_TenpoTechnologieSpAMember_lbl1">Tenpo Technologie SpA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoTechnologieSpAMember" xlink:to="bap_TenpoTechnologieSpAMember_lbl1" xlink:title="label: TenpoTechnologieSpAMember to bap_TenpoTechnologieSpAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TenpoTechnologieSpAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TenpoTechnologieSpAMember" xml:lang="en-US" id="bap_TenpoTechnologieSpAMember">Tenpo Technologie SpA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TenpoTechnologieSpAMember" xlink:to="bap_TenpoTechnologieSpAMember" xlink:title="label: TenpoTechnologieSpAMember to bap_TenpoTechnologieSpAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WallyPosSAMember" xlink:label="WallyPosSAMember" xlink:title="WallyPosSAMember" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPosSAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WallyPosSAMember_lbl" xml:lang="en-US" id="bap_WallyPosSAMember_lbl">This member stands for Wally POS S.A.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPosSAMember" xlink:to="bap_WallyPosSAMember_lbl" xlink:title="label: WallyPosSAMember to bap_WallyPosSAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPosSAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WallyPosSAMember_lbl1" xml:lang="en-US" id="bap_WallyPosSAMember_lbl1">Wally pos S.a [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPosSAMember" xlink:to="bap_WallyPosSAMember_lbl1" xlink:title="label: WallyPosSAMember to bap_WallyPosSAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WallyPosSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WallyPosSAMember" xml:lang="en-US" id="bap_WallyPosSAMember">Wally POS S.A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WallyPosSAMember" xlink:to="bap_WallyPosSAMember" xlink:title="label: WallyPosSAMember to bap_WallyPosSAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MonokeraSASMember" xlink:label="MonokeraSASMember" xlink:title="MonokeraSASMember" />
    <link:label xlink:type="resource" xlink:label="bap_MonokeraSASMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MonokeraSASMember_lbl" xml:lang="en-US" id="bap_MonokeraSASMember_lbl">This member stands for Monokera S.A.S.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonokeraSASMember" xlink:to="bap_MonokeraSASMember_lbl" xlink:title="label: MonokeraSASMember to bap_MonokeraSASMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MonokeraSASMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MonokeraSASMember_lbl1" xml:lang="en-US" id="bap_MonokeraSASMember_lbl1">Monokera S.A.S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonokeraSASMember" xlink:to="bap_MonokeraSASMember_lbl1" xlink:title="label: MonokeraSASMember to bap_MonokeraSASMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MonokeraSASMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MonokeraSASMember" xml:lang="en-US" id="bap_MonokeraSASMember">Monokera S.A.S [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonokeraSASMember" xlink:to="bap_MonokeraSASMember" xlink:title="label: MonokeraSASMember to bap_MonokeraSASMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CrediseguroSegurosPersonalesMember" xlink:label="CrediseguroSegurosPersonalesMember" xlink:title="CrediseguroSegurosPersonalesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CrediseguroSegurosPersonalesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CrediseguroSegurosPersonalesMember_lbl" xml:lang="en-US" id="bap_CrediseguroSegurosPersonalesMember_lbl">This member stands for crediseguro seguros personales.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrediseguroSegurosPersonalesMember" xlink:to="bap_CrediseguroSegurosPersonalesMember_lbl" xlink:title="label: CrediseguroSegurosPersonalesMember to bap_CrediseguroSegurosPersonalesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CrediseguroSegurosPersonalesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CrediseguroSegurosPersonalesMember_lbl1" xml:lang="en-US" id="bap_CrediseguroSegurosPersonalesMember_lbl1">Crediseguro seguros personales [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrediseguroSegurosPersonalesMember" xlink:to="bap_CrediseguroSegurosPersonalesMember_lbl1" xlink:title="label: CrediseguroSegurosPersonalesMember to bap_CrediseguroSegurosPersonalesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CrediseguroSegurosPersonalesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CrediseguroSegurosPersonalesMember" xml:lang="en-US" id="bap_CrediseguroSegurosPersonalesMember">Crediseguro Seguros Personales [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CrediseguroSegurosPersonalesMember" xlink:to="bap_CrediseguroSegurosPersonalesMember" xlink:title="label: CrediseguroSegurosPersonalesMember to bap_CrediseguroSegurosPersonalesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract" xlink:label="DisclosureOfFinancialAndNonFinancialRiskManagementAbstract" xlink:title="DisclosureOfFinancialAndNonFinancialRiskManagementAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract_lbl1" xml:lang="en-US" id="bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract_lbl1">FINANCIAL AND NON-FINANCIAL RISK MANAGEMENT [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAndNonFinancialRiskManagementAbstract" xlink:to="bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract_lbl1" xlink:title="label: DisclosureOfFinancialAndNonFinancialRiskManagementAbstract to bap_DisclosureOfFinancialAndNonFinancialRiskManagementAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:label="DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:title="DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl">The disclosure of the entity's financial and non-financial risk management practices and policies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:to="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl" xlink:title="label: DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock to bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl1">Disclosure of financial and non-financial risk management explanatory [Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:to="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl1" xlink:title="label: DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock to bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xml:lang="en-US" id="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock">FINANCIAL AND NON-FINANCIAL RISK MANAGEMENT</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:to="bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" xlink:title="label: DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock to bap_DisclosureOfFinancialAndNonFinancialRiskManagementExplanatoryTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:label="LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:title="LiabilitiesAndGrossObligationsAccumulatedByClaims" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl" xml:lang="en-US" id="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl">The amount of the liabilities and gross obligations accumulated by claims that arise from contracts within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:to="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl" xlink:title="label: LiabilitiesAndGrossObligationsAccumulatedByClaims to bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl1" xml:lang="en-US" id="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl1">Liabilities and gross obligations accumulated by claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:to="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl1" xlink:title="label: LiabilitiesAndGrossObligationsAccumulatedByClaims to bap_LiabilitiesAndGrossObligationsAccumulatedByClaims_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims" xml:lang="en-US" id="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims">Liabilities / Gross Obligations accumulated by claims</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:to="bap_LiabilitiesAndGrossObligationsAccumulatedByClaims" xlink:title="label: LiabilitiesAndGrossObligationsAccumulatedByClaims to bap_LiabilitiesAndGrossObligationsAccumulatedByClaims" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DiscountEventInInsuranceClaim" xlink:label="DiscountEventInInsuranceClaim" xlink:title="DiscountEventInInsuranceClaim" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountEventInInsuranceClaim_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DiscountEventInInsuranceClaim_lbl" xml:lang="en-US" id="bap_DiscountEventInInsuranceClaim_lbl">The amount of the discount events in the insurance claim that arise from contracts within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountEventInInsuranceClaim" xlink:to="bap_DiscountEventInInsuranceClaim_lbl" xlink:title="label: DiscountEventInInsuranceClaim to bap_DiscountEventInInsuranceClaim_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountEventInInsuranceClaim_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DiscountEventInInsuranceClaim_lbl1" xml:lang="en-US" id="bap_DiscountEventInInsuranceClaim_lbl1">Discount event in insurance claim</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountEventInInsuranceClaim" xlink:to="bap_DiscountEventInInsuranceClaim_lbl1" xlink:title="label: DiscountEventInInsuranceClaim to bap_DiscountEventInInsuranceClaim_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DiscountEventInInsuranceClaim" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:title="bap_DiscountEventInInsuranceClaim" xml:lang="en-US" id="bap_DiscountEventInInsuranceClaim">Discount event</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DiscountEventInInsuranceClaim" xlink:to="bap_DiscountEventInInsuranceClaim" xlink:title="label: DiscountEventInInsuranceClaim to bap_DiscountEventInInsuranceClaim" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:label="GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:title="GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract_lbl1" xml:lang="en-US" id="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract_lbl1">Gross estimates of the undiscounted amount of the claims [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:to="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract_lbl1" xlink:title="label: GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract to bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xml:lang="en-US" id="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract">Gross estimates of the undiscounted amount of the claims [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:to="bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" xlink:title="label: GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract to bap_GrossEstimatesOfTheUndiscountedAmountOfTheClaimsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts eight year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts eight year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17">8 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsEightYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts one year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts one year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17">1 year later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsOneYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts three year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts three year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17">3 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsThreeYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts four year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts four year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17">4 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFourYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts six year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts six year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17">6 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSixYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts five year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts five year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17">5 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsFiveYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts at the end year within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts at end of year within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17">At the end of the claim year</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsAtEndOfYearWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts nine year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts nine year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17">9 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsNineYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts two year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts two year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17">2 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsTwoYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:label="EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:title="EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl">The estimate of the undiscounted amount of the claims that arise from contracts seven year later within the scope of IFRS 17.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl1" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl1">Estimate of undiscounted claims that arise from contracts seven year later within scope of IFRS17</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl1" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xml:lang="en-US" id="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17">7 years later</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:to="bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" xlink:title="label: EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17 to bap_EstimateOfUndiscountedClaimsThatAriseFromContractsSevenYearLaterWithinScopeOfIFRS17" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EffectOfRiskAdjustmentForNonFinancialRisk" xlink:label="EffectOfRiskAdjustmentForNonFinancialRisk" xlink:title="EffectOfRiskAdjustmentForNonFinancialRisk" />
    <link:label xlink:type="resource" xlink:label="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl" xml:lang="en-US" id="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl">The amount of effect of risk adjustment for non-financial risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfRiskAdjustmentForNonFinancialRisk" xlink:to="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl" xlink:title="label: EffectOfRiskAdjustmentForNonFinancialRisk to bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl1" xml:lang="en-US" id="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl1">Effect of risk adjustment for non-financial risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfRiskAdjustmentForNonFinancialRisk" xlink:to="bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl1" xlink:title="label: EffectOfRiskAdjustmentForNonFinancialRisk to bap_EffectOfRiskAdjustmentForNonFinancialRisk_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EffectOfRiskAdjustmentForNonFinancialRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EffectOfRiskAdjustmentForNonFinancialRisk" xml:lang="en-US" id="bap_EffectOfRiskAdjustmentForNonFinancialRisk">Effect of Risk Adjustment for non-financial risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EffectOfRiskAdjustmentForNonFinancialRisk" xlink:to="bap_EffectOfRiskAdjustmentForNonFinancialRisk" xlink:title="label: EffectOfRiskAdjustmentForNonFinancialRisk to bap_EffectOfRiskAdjustmentForNonFinancialRisk" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:label="GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:title="GrossLICOfTemporaryRegimeAndDefinitiveRegime" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl" xml:lang="en-US" id="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl">The amount of gross LIC of the temporary regime and definitive regime.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:to="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl" xlink:title="label: GrossLICOfTemporaryRegimeAndDefinitiveRegime to bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl1" xml:lang="en-US" id="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl1">Gross LIC of temporary regime and definitive regime</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:to="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl1" xlink:title="label: GrossLICOfTemporaryRegimeAndDefinitiveRegime to bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime" xml:lang="en-US" id="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime">Gross LIC of the Temporary Regime and Definitive Regime</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:to="bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime" xlink:title="label: GrossLICOfTemporaryRegimeAndDefinitiveRegime to bap_GrossLICOfTemporaryRegimeAndDefinitiveRegime" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl">The disclosure of maturity analysis for derivative financial instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl1">Disclosure of detailed information about maturity analysis for derivative financial instruments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock">Maturity Analysis for Derivative Financial Instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock to bap_DisclosureOfDetailedInformationAboutMaturityAnalysisForDerivativeFinancialInstrumentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl">The disclosure of other assets and other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl1">Disclosure of detailed information about other assets and liabilities explanatory [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock">Components of Other Assets and Liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock to bap_DisclosureOfDetailedInformationAboutOtherAssetsAndLiabilitiesExplanatoryTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl">The disclosure of fair value of derivative financial instruments, recorded as an asset or a liability, together with their notional amounts and maturities. The nominal amount, recorded gross, is the amount of a derivative's underlying asset and is the basis upon which fair value of derivatives is measured.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock to bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl1">Disclosure of detailed information about fair value of derivative financial instruments, recorded as an asset or a liability [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock to bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock">Fair Value of Derivative Financial Instruments, Recorded as an Asset or a Liability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock to bap_DisclosureOfDetailedInformationAboutFairValueOfDerivativeFinancialInstrumentsRecordedAsAnAssetOrALiabilityTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectCreditsAndAllowancesAbstract" xlink:label="DirectCreditsAndAllowancesAbstract" xlink:title="DirectCreditsAndAllowancesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DirectCreditsAndAllowancesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectCreditsAndAllowancesAbstract_lbl1" xml:lang="en-US" id="bap_DirectCreditsAndAllowancesAbstract_lbl1">Direct Credits And Allowances [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectCreditsAndAllowancesAbstract" xlink:to="bap_DirectCreditsAndAllowancesAbstract_lbl1" xlink:title="label: DirectCreditsAndAllowancesAbstract to bap_DirectCreditsAndAllowancesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectCreditsAndAllowancesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DirectCreditsAndAllowancesAbstract" xml:lang="en-US" id="bap_DirectCreditsAndAllowancesAbstract">Direct loans and allowances [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectCreditsAndAllowancesAbstract" xlink:to="bap_DirectCreditsAndAllowancesAbstract" xlink:title="label: DirectCreditsAndAllowancesAbstract to bap_DirectCreditsAndAllowancesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DirectCreditsAndAllowancesAbstract_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DirectCreditsAndAllowancesAbstract_lbl2" xml:lang="en-US" id="bap_DirectCreditsAndAllowancesAbstract_lbl2">Direct credits and allowances [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectCreditsAndAllowancesAbstract" xlink:to="bap_DirectCreditsAndAllowancesAbstract_lbl2" xlink:title="label: DirectCreditsAndAllowancesAbstract to bap_DirectCreditsAndAllowancesAbstract_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DirectNetLoans" xlink:label="DirectNetLoans" xlink:title="DirectNetLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DirectNetLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DirectNetLoans_lbl" xml:lang="en-US" id="bap_DirectNetLoans_lbl">The net amount of direct loans after allowance for loan losses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectNetLoans" xlink:to="bap_DirectNetLoans_lbl" xlink:title="label: DirectNetLoans to bap_DirectNetLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DirectNetLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DirectNetLoans_lbl1" xml:lang="en-US" id="bap_DirectNetLoans_lbl1">Direct net loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectNetLoans" xlink:to="bap_DirectNetLoans_lbl1" xlink:title="label: DirectNetLoans to bap_DirectNetLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DirectNetLoans" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DirectNetLoans" xml:lang="en-US" id="bap_DirectNetLoans">Total, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DirectNetLoans" xlink:to="bap_DirectNetLoans" xlink:title="label: DirectNetLoans to bap_DirectNetLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommercialLoansMember" xlink:label="CommercialLoansMember" xlink:title="CommercialLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_CommercialLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommercialLoansMember_lbl" xml:lang="en-US" id="bap_CommercialLoansMember_lbl">A loan, whether secured or unsecured, to a company for purposes such as seasonal working capital needs, inventory financing, equipment purchases and acquisitions.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialLoansMember" xlink:to="bap_CommercialLoansMember_lbl" xlink:title="label: CommercialLoansMember to bap_CommercialLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommercialLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommercialLoansMember_lbl1" xml:lang="en-US" id="bap_CommercialLoansMember_lbl1">Commercial loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialLoansMember" xlink:to="bap_CommercialLoansMember_lbl1" xlink:title="label: CommercialLoansMember to bap_CommercialLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommercialLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommercialLoansMember" xml:lang="en-US" id="bap_CommercialLoansMember">Commercial Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialLoansMember" xlink:to="bap_CommercialLoansMember" xlink:title="label: CommercialLoansMember to bap_CommercialLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MonetaryLiabilitiesMember" xlink:label="MonetaryLiabilitiesMember" xlink:title="MonetaryLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MonetaryLiabilitiesMember_lbl" xml:lang="en-US" id="bap_MonetaryLiabilitiesMember_lbl">This member stands for monetary liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryLiabilitiesMember" xlink:to="bap_MonetaryLiabilitiesMember_lbl" xlink:title="label: MonetaryLiabilitiesMember to bap_MonetaryLiabilitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MonetaryLiabilitiesMember_lbl1" xml:lang="en-US" id="bap_MonetaryLiabilitiesMember_lbl1">Monetary liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryLiabilitiesMember" xlink:to="bap_MonetaryLiabilitiesMember_lbl1" xlink:title="label: MonetaryLiabilitiesMember to bap_MonetaryLiabilitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MonetaryLiabilitiesMember" xml:lang="en-US" id="bap_MonetaryLiabilitiesMember">Monetary Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryLiabilitiesMember" xlink:to="bap_MonetaryLiabilitiesMember" xlink:title="label: MonetaryLiabilitiesMember to bap_MonetaryLiabilitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssetsAndLiabilitiesByCurrenciesAbstract" xlink:label="AssetsAndLiabilitiesByCurrenciesAbstract" xlink:title="AssetsAndLiabilitiesByCurrenciesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsAndLiabilitiesByCurrenciesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssetsAndLiabilitiesByCurrenciesAbstract_lbl1" xml:lang="en-US" id="bap_AssetsAndLiabilitiesByCurrenciesAbstract_lbl1">Assets and liabilities by currencies [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesByCurrenciesAbstract" xlink:to="bap_AssetsAndLiabilitiesByCurrenciesAbstract_lbl1" xlink:title="label: AssetsAndLiabilitiesByCurrenciesAbstract to bap_AssetsAndLiabilitiesByCurrenciesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssetsAndLiabilitiesByCurrenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssetsAndLiabilitiesByCurrenciesAbstract" xml:lang="en-US" id="bap_AssetsAndLiabilitiesByCurrenciesAbstract">Assets And Liabilities by Currencies [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetsAndLiabilitiesByCurrenciesAbstract" xlink:to="bap_AssetsAndLiabilitiesByCurrenciesAbstract" xlink:title="label: AssetsAndLiabilitiesByCurrenciesAbstract to bap_AssetsAndLiabilitiesByCurrenciesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetMonetaryPositionWithEffectOnEquity" xlink:label="NetMonetaryPositionWithEffectOnEquity" xlink:title="NetMonetaryPositionWithEffectOnEquity" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetMonetaryPositionWithEffectOnEquity_lbl" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnEquity_lbl">The amount of net monetary position with effect on equity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnEquity" xlink:to="bap_NetMonetaryPositionWithEffectOnEquity_lbl" xlink:title="label: NetMonetaryPositionWithEffectOnEquity to bap_NetMonetaryPositionWithEffectOnEquity_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnEquity_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetMonetaryPositionWithEffectOnEquity_lbl1" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnEquity_lbl1">Net monetary position with effect on equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnEquity" xlink:to="bap_NetMonetaryPositionWithEffectOnEquity_lbl1" xlink:title="label: NetMonetaryPositionWithEffectOnEquity to bap_NetMonetaryPositionWithEffectOnEquity_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NetMonetaryPositionWithEffectOnEquity" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnEquity">Total monetary position with effect on equity</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnEquity" xlink:to="bap_NetMonetaryPositionWithEffectOnEquity" xlink:title="label: NetMonetaryPositionWithEffectOnEquity to bap_NetMonetaryPositionWithEffectOnEquity" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:label="NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:title="NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl">The amount of net monetary position with effect on consolidated statement of income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:to="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl" xlink:title="label: NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome to bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl1" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl1">Net monetary position with effect on consolidated statement of income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:to="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl1" xlink:title="label: NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome to bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xml:lang="en-US" id="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome">Total monetary position with effect on income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:to="bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" xlink:title="label: NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome to bap_NetMonetaryPositionWithEffectOnConsolidatedStatementOfIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrencyDerivatives" xlink:label="CurrencyDerivatives" xlink:title="CurrencyDerivatives" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CurrencyDerivatives_lbl" xml:lang="en-US" id="bap_CurrencyDerivatives_lbl">The amount of currency derivatives.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyDerivatives" xlink:to="bap_CurrencyDerivatives_lbl" xlink:title="label: CurrencyDerivatives to bap_CurrencyDerivatives_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyDerivatives_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrencyDerivatives_lbl1" xml:lang="en-US" id="bap_CurrencyDerivatives_lbl1">Currency derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyDerivatives" xlink:to="bap_CurrencyDerivatives_lbl1" xlink:title="label: CurrencyDerivatives to bap_CurrencyDerivatives_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CurrencyDerivatives" xml:lang="en-US" id="bap_CurrencyDerivatives">Total position in currency derivatives</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyDerivatives" xlink:to="bap_CurrencyDerivatives" xlink:title="label: CurrencyDerivatives to bap_CurrencyDerivatives" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ForeignExchangeRateForBuyingAndSelling" xlink:label="ForeignExchangeRateForBuyingAndSelling" xlink:title="ForeignExchangeRateForBuyingAndSelling" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignExchangeRateForBuyingAndSelling_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ForeignExchangeRateForBuyingAndSelling_lbl" xml:lang="en-US" id="bap_ForeignExchangeRateForBuyingAndSelling_lbl">The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeRateForBuyingAndSelling" xlink:to="bap_ForeignExchangeRateForBuyingAndSelling_lbl" xlink:title="label: ForeignExchangeRateForBuyingAndSelling to bap_ForeignExchangeRateForBuyingAndSelling_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignExchangeRateForBuyingAndSelling_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ForeignExchangeRateForBuyingAndSelling_lbl1" xml:lang="en-US" id="bap_ForeignExchangeRateForBuyingAndSelling_lbl1">Foreign exchange rate for buying and selling</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeRateForBuyingAndSelling" xlink:to="bap_ForeignExchangeRateForBuyingAndSelling_lbl1" xlink:title="label: ForeignExchangeRateForBuyingAndSelling to bap_ForeignExchangeRateForBuyingAndSelling_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignExchangeRateForBuyingAndSelling" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ForeignExchangeRateForBuyingAndSelling" xml:lang="en-US" id="bap_ForeignExchangeRateForBuyingAndSelling">Foreign exchange rate for buying and selling</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignExchangeRateForBuyingAndSelling" xlink:to="bap_ForeignExchangeRateForBuyingAndSelling" xlink:title="label: ForeignExchangeRateForBuyingAndSelling to bap_ForeignExchangeRateForBuyingAndSelling" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccountingHedgeInvestmentAbroadNet" xlink:label="AccountingHedgeInvestmentAbroadNet" xlink:title="AccountingHedgeInvestmentAbroadNet" />
    <link:label xlink:type="resource" xlink:label="bap_AccountingHedgeInvestmentAbroadNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccountingHedgeInvestmentAbroadNet_lbl" xml:lang="en-US" id="bap_AccountingHedgeInvestmentAbroadNet_lbl">The net amount of accounting hedge, investment abroad.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingHedgeInvestmentAbroadNet" xlink:to="bap_AccountingHedgeInvestmentAbroadNet_lbl" xlink:title="label: AccountingHedgeInvestmentAbroadNet to bap_AccountingHedgeInvestmentAbroadNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccountingHedgeInvestmentAbroadNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccountingHedgeInvestmentAbroadNet_lbl1" xml:lang="en-US" id="bap_AccountingHedgeInvestmentAbroadNet_lbl1">Accounting hedge, investment abroad, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingHedgeInvestmentAbroadNet" xlink:to="bap_AccountingHedgeInvestmentAbroadNet_lbl1" xlink:title="label: AccountingHedgeInvestmentAbroadNet to bap_AccountingHedgeInvestmentAbroadNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccountingHedgeInvestmentAbroadNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccountingHedgeInvestmentAbroadNet" xml:lang="en-US" id="bap_AccountingHedgeInvestmentAbroadNet">Hedging a foreign investment</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccountingHedgeInvestmentAbroadNet" xlink:to="bap_AccountingHedgeInvestmentAbroadNet" xlink:title="label: AccountingHedgeInvestmentAbroadNet to bap_AccountingHedgeInvestmentAbroadNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MonetaryAssetsMember" xlink:label="MonetaryAssetsMember" xlink:title="MonetaryAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MonetaryAssetsMember_lbl" xml:lang="en-US" id="bap_MonetaryAssetsMember_lbl">This member stands for monetary assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryAssetsMember" xlink:to="bap_MonetaryAssetsMember_lbl" xlink:title="label: MonetaryAssetsMember to bap_MonetaryAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MonetaryAssetsMember_lbl1" xml:lang="en-US" id="bap_MonetaryAssetsMember_lbl1">Monetary assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryAssetsMember" xlink:to="bap_MonetaryAssetsMember_lbl1" xlink:title="label: MonetaryAssetsMember to bap_MonetaryAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MonetaryAssetsMember" xml:lang="en-US" id="bap_MonetaryAssetsMember">Monetary Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryAssetsMember" xlink:to="bap_MonetaryAssetsMember" xlink:title="label: MonetaryAssetsMember to bap_MonetaryAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherCurrenciesMember" xlink:label="OtherCurrenciesMember" xlink:title="OtherCurrenciesMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCurrenciesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherCurrenciesMember_lbl" xml:lang="en-US" id="bap_OtherCurrenciesMember_lbl">This member stands for other currencies.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrenciesMember" xlink:to="bap_OtherCurrenciesMember_lbl" xlink:title="label: OtherCurrenciesMember to bap_OtherCurrenciesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCurrenciesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherCurrenciesMember_lbl1" xml:lang="en-US" id="bap_OtherCurrenciesMember_lbl1">Other currencies [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrenciesMember" xlink:to="bap_OtherCurrenciesMember_lbl1" xlink:title="label: OtherCurrenciesMember to bap_OtherCurrenciesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherCurrenciesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherCurrenciesMember" xml:lang="en-US" id="bap_OtherCurrenciesMember">Other Currencies [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherCurrenciesMember" xlink:to="bap_OtherCurrenciesMember" xlink:title="label: OtherCurrenciesMember to bap_OtherCurrenciesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MonetaryPositionNet" xlink:label="MonetaryPositionNet" xlink:title="MonetaryPositionNet" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryPositionNet_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MonetaryPositionNet_lbl" xml:lang="en-US" id="bap_MonetaryPositionNet_lbl">The amount of net monetary position.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryPositionNet" xlink:to="bap_MonetaryPositionNet_lbl" xlink:title="label: MonetaryPositionNet to bap_MonetaryPositionNet_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryPositionNet_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MonetaryPositionNet_lbl1" xml:lang="en-US" id="bap_MonetaryPositionNet_lbl1">Monetary position, net</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryPositionNet" xlink:to="bap_MonetaryPositionNet_lbl1" xlink:title="label: MonetaryPositionNet to bap_MonetaryPositionNet_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MonetaryPositionNet" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_MonetaryPositionNet" xml:lang="en-US" id="bap_MonetaryPositionNet">Net monetary position</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MonetaryPositionNet" xlink:to="bap_MonetaryPositionNet" xlink:title="label: MonetaryPositionNet to bap_MonetaryPositionNet" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable" xlink:label="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable" xlink:title="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl">Table represents detailed information about comparison between carrying amounts and fair value of financial instruments which are not measured at fair value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable" xlink:to="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable to bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl1">Disclosure of detailed information about comparison between carrying amounts and fair value of financial instruments which are not measured at fair value [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable" xlink:to="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable to bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems" xlink:label="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems" xlink:title="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl">Line item represents detailed information about comparison between carrying amounts and fair value of financial instruments which are not measured at fair value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems to bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl1">Disclosure of detailed information about comparison between carrying amounts and fair value of financial instruments which are not measured at fair value [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems to bap_DisclosureOfDetailedInformationAboutComparisonBetweenCarryingAmountsAndFairValueOfFinancialInstrumentsWhichAreNotMeasuredAtFairValueLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:label="DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:title="DueToBanksAndCorrespondentsAndOtherEntitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl">This member stands for due to banks and correspondents and other entities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:to="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl" xlink:title="label: DueToBanksAndCorrespondentsAndOtherEntitiesMember to bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl1" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl1">Due to banks and correspondents and other entities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:to="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl1" xlink:title="label: DueToBanksAndCorrespondentsAndOtherEntitiesMember to bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember" xml:lang="en-US" id="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember">Due to Banks and Correspondents and Other Entities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:to="bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember" xlink:title="label: DueToBanksAndCorrespondentsAndOtherEntitiesMember to bap_DueToBanksAndCorrespondentsAndOtherEntitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:label="PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:title="PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl">This member stands for payables from repurchase agreements and securities lending.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember to bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl1" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl1">Payables from repurchase agreements and securities lending [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl1" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember to bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xml:lang="en-US" id="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember">Payables from Repurchase Agreements and Securities Lending [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:to="bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" xlink:title="label: PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember to bap_PayablesFromRepurchaseAgreementsAndSecuritiesLendingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:label="DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:title="DueFromCustomersOnBankAcceptancesLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl">This member stands for due from customers on bank acceptances liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl" xlink:title="label: DueFromCustomersOnBankAcceptancesLiabilitiesMember to bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl1" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl1">Due from customers on bank acceptances liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl1" xlink:title="label: DueFromCustomersOnBankAcceptancesLiabilitiesMember to bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember">Due from Customers on Banker's Acceptances [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember" xlink:title="label: DueFromCustomersOnBankAcceptancesLiabilitiesMember to bap_DueFromCustomersOnBankAcceptancesLiabilitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DepositsAndObligationsMember" xlink:label="DepositsAndObligationsMember" xlink:title="DepositsAndObligationsMember" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsAndObligationsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DepositsAndObligationsMember_lbl" xml:lang="en-US" id="bap_DepositsAndObligationsMember_lbl">This member stands for deposits and obligations.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsAndObligationsMember" xlink:to="bap_DepositsAndObligationsMember_lbl" xlink:title="label: DepositsAndObligationsMember to bap_DepositsAndObligationsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsAndObligationsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DepositsAndObligationsMember_lbl1" xml:lang="en-US" id="bap_DepositsAndObligationsMember_lbl1">Deposits and obligations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsAndObligationsMember" xlink:to="bap_DepositsAndObligationsMember_lbl1" xlink:title="label: DepositsAndObligationsMember to bap_DepositsAndObligationsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DepositsAndObligationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DepositsAndObligationsMember" xml:lang="en-US" id="bap_DepositsAndObligationsMember">Deposits and Obligations [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DepositsAndObligationsMember" xlink:to="bap_DepositsAndObligationsMember" xlink:title="label: DepositsAndObligationsMember to bap_DepositsAndObligationsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondAndNotesIssuedMember" xlink:label="BondAndNotesIssuedMember" xlink:title="BondAndNotesIssuedMember" />
    <link:label xlink:type="resource" xlink:label="bap_BondAndNotesIssuedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BondAndNotesIssuedMember_lbl" xml:lang="en-US" id="bap_BondAndNotesIssuedMember_lbl">This member stands for bond and notes issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondAndNotesIssuedMember" xlink:to="bap_BondAndNotesIssuedMember_lbl" xlink:title="label: BondAndNotesIssuedMember to bap_BondAndNotesIssuedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BondAndNotesIssuedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondAndNotesIssuedMember_lbl1" xml:lang="en-US" id="bap_BondAndNotesIssuedMember_lbl1">Bond and notes issued [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondAndNotesIssuedMember" xlink:to="bap_BondAndNotesIssuedMember_lbl1" xlink:title="label: BondAndNotesIssuedMember to bap_BondAndNotesIssuedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondAndNotesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondAndNotesIssuedMember" xml:lang="en-US" id="bap_BondAndNotesIssuedMember">Bond and Notes Issued [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondAndNotesIssuedMember" xlink:to="bap_BondAndNotesIssuedMember" xlink:title="label: BondAndNotesIssuedMember to bap_BondAndNotesIssuedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialLiabilitiesClassifiedAsOtherMember" xlink:label="FinancialLiabilitiesClassifiedAsOtherMember" xlink:title="FinancialLiabilitiesClassifiedAsOtherMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl" xml:lang="en-US" id="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl">This member stands for other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesClassifiedAsOtherMember" xlink:to="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl" xlink:title="label: FinancialLiabilitiesClassifiedAsOtherMember to bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl1" xml:lang="en-US" id="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl1">Financial liabilities classified as other [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesClassifiedAsOtherMember" xlink:to="bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl1" xlink:title="label: FinancialLiabilitiesClassifiedAsOtherMember to bap_FinancialLiabilitiesClassifiedAsOtherMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesClassifiedAsOtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialLiabilitiesClassifiedAsOtherMember" xml:lang="en-US" id="bap_FinancialLiabilitiesClassifiedAsOtherMember">Other Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesClassifiedAsOtherMember" xlink:to="bap_FinancialLiabilitiesClassifiedAsOtherMember" xlink:title="label: FinancialLiabilitiesClassifiedAsOtherMember to bap_FinancialLiabilitiesClassifiedAsOtherMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NotMeasuredAtFairValueMember" xlink:label="NotMeasuredAtFairValueMember" xlink:title="NotMeasuredAtFairValueMember" />
    <link:label xlink:type="resource" xlink:label="bap_NotMeasuredAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NotMeasuredAtFairValueMember_lbl" xml:lang="en-US" id="bap_NotMeasuredAtFairValueMember_lbl">This member stands for not measured at fair value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotMeasuredAtFairValueMember" xlink:to="bap_NotMeasuredAtFairValueMember_lbl" xlink:title="label: NotMeasuredAtFairValueMember to bap_NotMeasuredAtFairValueMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NotMeasuredAtFairValueMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NotMeasuredAtFairValueMember_lbl1" xml:lang="en-US" id="bap_NotMeasuredAtFairValueMember_lbl1">Not measured at fair value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotMeasuredAtFairValueMember" xlink:to="bap_NotMeasuredAtFairValueMember_lbl1" xlink:title="label: NotMeasuredAtFairValueMember to bap_NotMeasuredAtFairValueMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NotMeasuredAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NotMeasuredAtFairValueMember" xml:lang="en-US" id="bap_NotMeasuredAtFairValueMember">Not Measured at Fair Value [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NotMeasuredAtFairValueMember" xlink:to="bap_NotMeasuredAtFairValueMember" xlink:title="label: NotMeasuredAtFairValueMember to bap_NotMeasuredAtFairValueMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceContractLiabilityMember" xlink:label="InsuranceContractLiabilityMember" xlink:title="InsuranceContractLiabilityMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceContractLiabilityMember_lbl" xml:lang="en-US" id="bap_InsuranceContractLiabilityMember_lbl">This member stands for insurance contract liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilityMember" xlink:to="bap_InsuranceContractLiabilityMember_lbl" xlink:title="label: InsuranceContractLiabilityMember to bap_InsuranceContractLiabilityMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilityMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceContractLiabilityMember_lbl1" xml:lang="en-US" id="bap_InsuranceContractLiabilityMember_lbl1">Insurance contract liability [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilityMember" xlink:to="bap_InsuranceContractLiabilityMember_lbl1" xlink:title="label: InsuranceContractLiabilityMember to bap_InsuranceContractLiabilityMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceContractLiabilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceContractLiabilityMember" xml:lang="en-US" id="bap_InsuranceContractLiabilityMember">Insurance Contract Liability [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceContractLiabilityMember" xlink:to="bap_InsuranceContractLiabilityMember" xlink:title="label: InsuranceContractLiabilityMember to bap_InsuranceContractLiabilityMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:label="FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:title="FinancialInstrumentsNotMeasuredAtFairValueAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract_lbl1" xml:lang="en-US" id="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract_lbl1">Financial instruments not measured at fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:to="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract_lbl1" xlink:title="label: FinancialInstrumentsNotMeasuredAtFairValueAbstract to bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract" xml:lang="en-US" id="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract">Financial Instruments Not Measured at Fair Value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:to="bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract" xlink:title="label: FinancialInstrumentsNotMeasuredAtFairValueAbstract to bap_FinancialInstrumentsNotMeasuredAtFairValueAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsAtAmortizedCostMember" xlink:label="InvestmentsAtAmortizedCostMember" xlink:title="InvestmentsAtAmortizedCostMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtAmortizedCostMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentsAtAmortizedCostMember_lbl" xml:lang="en-US" id="bap_InvestmentsAtAmortizedCostMember_lbl">This member stands for investments at amortized cost.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtAmortizedCostMember" xlink:to="bap_InvestmentsAtAmortizedCostMember_lbl" xlink:title="label: InvestmentsAtAmortizedCostMember to bap_InvestmentsAtAmortizedCostMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtAmortizedCostMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsAtAmortizedCostMember_lbl1" xml:lang="en-US" id="bap_InvestmentsAtAmortizedCostMember_lbl1">Investments at amortized cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtAmortizedCostMember" xlink:to="bap_InvestmentsAtAmortizedCostMember_lbl1" xlink:title="label: InvestmentsAtAmortizedCostMember to bap_InvestmentsAtAmortizedCostMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtAmortizedCostMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsAtAmortizedCostMember" xml:lang="en-US" id="bap_InvestmentsAtAmortizedCostMember">Investments at Amortized Cost [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtAmortizedCostMember" xlink:to="bap_InvestmentsAtAmortizedCostMember" xlink:title="label: InvestmentsAtAmortizedCostMember to bap_InvestmentsAtAmortizedCostMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReinsuranceContractAssetsMember" xlink:label="ReinsuranceContractAssetsMember" xlink:title="ReinsuranceContractAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReinsuranceContractAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReinsuranceContractAssetsMember_lbl" xml:lang="en-US" id="bap_ReinsuranceContractAssetsMember_lbl">This member stands for reinsurance contract assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractAssetsMember" xlink:to="bap_ReinsuranceContractAssetsMember_lbl" xlink:title="label: ReinsuranceContractAssetsMember to bap_ReinsuranceContractAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReinsuranceContractAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReinsuranceContractAssetsMember_lbl1" xml:lang="en-US" id="bap_ReinsuranceContractAssetsMember_lbl1">Reinsurance contract assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractAssetsMember" xlink:to="bap_ReinsuranceContractAssetsMember_lbl1" xlink:title="label: ReinsuranceContractAssetsMember to bap_ReinsuranceContractAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReinsuranceContractAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReinsuranceContractAssetsMember" xml:lang="en-US" id="bap_ReinsuranceContractAssetsMember">Reinsurance Contract Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceContractAssetsMember" xlink:to="bap_ReinsuranceContractAssetsMember" xlink:title="label: ReinsuranceContractAssetsMember to bap_ReinsuranceContractAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherAssetMember" xlink:label="OtherAssetMember" xlink:title="OtherAssetMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherAssetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherAssetMember_lbl" xml:lang="en-US" id="bap_OtherAssetMember_lbl">This member stands for other assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetMember" xlink:to="bap_OtherAssetMember_lbl" xlink:title="label: OtherAssetMember to bap_OtherAssetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherAssetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherAssetMember_lbl1" xml:lang="en-US" id="bap_OtherAssetMember_lbl1">Other asset [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetMember" xlink:to="bap_OtherAssetMember_lbl1" xlink:title="label: OtherAssetMember to bap_OtherAssetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherAssetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherAssetMember" xml:lang="en-US" id="bap_OtherAssetMember">Other Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAssetMember" xlink:to="bap_OtherAssetMember" xlink:title="label: OtherAssetMember to bap_OtherAssetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:label="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:title="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl" xml:lang="en-US" id="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl">This member stands for cash and cash collateral, reverse repurchase agreements and securities borrowing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:to="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl" xlink:title="label: CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember to bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl1" xml:lang="en-US" id="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl1">Cash and cash collateral, reverse repurchase agreements and securities borrowing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:to="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl1" xlink:title="label: CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember to bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xml:lang="en-US" id="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember">Cash Collateral, Reverse Repurchase Agreements and Securities Borrowing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:to="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:title="label: CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember to bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl2" xml:lang="en-US" id="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl2">Cash and Cash Collateral, Reverse Repurchase Agreements and Securities Borrowing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember" xlink:to="bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl2" xlink:title="label: CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember to bap_CashAndCashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingMember_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DueFromCustomersOnBankAcceptancesMember" xlink:label="DueFromCustomersOnBankAcceptancesMember" xlink:title="DueFromCustomersOnBankAcceptancesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DueFromCustomersOnBankAcceptancesMember_lbl" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesMember_lbl">This member stands for due from customers on bank acceptances liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesMember_lbl" xlink:title="label: DueFromCustomersOnBankAcceptancesMember to bap_DueFromCustomersOnBankAcceptancesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DueFromCustomersOnBankAcceptancesMember_lbl1" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesMember_lbl1">Due from customers on bank acceptances [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesMember_lbl1" xlink:title="label: DueFromCustomersOnBankAcceptancesMember to bap_DueFromCustomersOnBankAcceptancesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DueFromCustomersOnBankAcceptancesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DueFromCustomersOnBankAcceptancesMember" xml:lang="en-US" id="bap_DueFromCustomersOnBankAcceptancesMember">Due from Customers on Banker's Acceptances [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DueFromCustomersOnBankAcceptancesMember" xlink:to="bap_DueFromCustomersOnBankAcceptancesMember" xlink:title="label: DueFromCustomersOnBankAcceptancesMember to bap_DueFromCustomersOnBankAcceptancesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LoansNetMember" xlink:label="LoansNetMember" xlink:title="LoansNetMember" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LoansNetMember_lbl" xml:lang="en-US" id="bap_LoansNetMember_lbl">This member stands for loans net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetMember" xlink:to="bap_LoansNetMember_lbl" xlink:title="label: LoansNetMember to bap_LoansNetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LoansNetMember_lbl1" xml:lang="en-US" id="bap_LoansNetMember_lbl1">Loans, net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetMember" xlink:to="bap_LoansNetMember_lbl1" xlink:title="label: LoansNetMember to bap_LoansNetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LoansNetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LoansNetMember" xml:lang="en-US" id="bap_LoansNetMember">Loans, Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LoansNetMember" xlink:to="bap_LoansNetMember" xlink:title="label: LoansNetMember to bap_LoansNetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashAndDueFromBanksMember" xlink:label="CashAndDueFromBanksMember" xlink:title="CashAndDueFromBanksMember" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndDueFromBanksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashAndDueFromBanksMember_lbl" xml:lang="en-US" id="bap_CashAndDueFromBanksMember_lbl">This member stands for cash and due from banks.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndDueFromBanksMember" xlink:to="bap_CashAndDueFromBanksMember_lbl" xlink:title="label: CashAndDueFromBanksMember to bap_CashAndDueFromBanksMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndDueFromBanksMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashAndDueFromBanksMember_lbl1" xml:lang="en-US" id="bap_CashAndDueFromBanksMember_lbl1">Cash and due from banks [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndDueFromBanksMember" xlink:to="bap_CashAndDueFromBanksMember_lbl1" xlink:title="label: CashAndDueFromBanksMember to bap_CashAndDueFromBanksMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashAndDueFromBanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashAndDueFromBanksMember" xml:lang="en-US" id="bap_CashAndDueFromBanksMember">Cash and Due from Banks [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndDueFromBanksMember" xlink:to="bap_CashAndDueFromBanksMember" xlink:title="label: CashAndDueFromBanksMember to bap_CashAndDueFromBanksMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImpairedLoans" xlink:label="ImpairedLoans" xlink:title="ImpairedLoans" />
    <link:label xlink:type="resource" xlink:label="bap_ImpairedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImpairedLoans_lbl" xml:lang="en-US" id="bap_ImpairedLoans_lbl">The amount of impaired loans as at reporting period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairedLoans" xlink:to="bap_ImpairedLoans_lbl" xlink:title="label: ImpairedLoans to bap_ImpairedLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImpairedLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImpairedLoans_lbl1" xml:lang="en-US" id="bap_ImpairedLoans_lbl1">Impaired loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairedLoans" xlink:to="bap_ImpairedLoans_lbl1" xlink:title="label: ImpairedLoans to bap_ImpairedLoans_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisposalsAndOther" xlink:label="DisposalsAndOther" xlink:title="DisposalsAndOther" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalsAndOther_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisposalsAndOther_lbl" xml:lang="en-US" id="bap_DisposalsAndOther_lbl">The increase (decrease) in investment property resulting from disposals. [Refer: Investment property]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsAndOther" xlink:to="bap_DisposalsAndOther_lbl" xlink:title="label: DisposalsAndOther to bap_DisposalsAndOther_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalsAndOther_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisposalsAndOther_lbl1" xml:lang="en-US" id="bap_DisposalsAndOther_lbl1">Disposals and other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsAndOther" xlink:to="bap_DisposalsAndOther_lbl1" xlink:title="label: DisposalsAndOther to bap_DisposalsAndOther_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisposalsAndOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisposalsAndOther" xml:lang="en-US" id="bap_DisposalsAndOther">Disposals and other</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisposalsAndOther" xlink:to="bap_DisposalsAndOther" xlink:title="label: DisposalsAndOther to bap_DisposalsAndOther" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_WithoutMaturityMember" xlink:label="WithoutMaturityMember" xlink:title="WithoutMaturityMember" />
    <link:label xlink:type="resource" xlink:label="bap_WithoutMaturityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_WithoutMaturityMember_lbl" xml:lang="en-US" id="bap_WithoutMaturityMember_lbl">This member stands for without maturity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithoutMaturityMember" xlink:to="bap_WithoutMaturityMember_lbl" xlink:title="label: WithoutMaturityMember to bap_WithoutMaturityMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_WithoutMaturityMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_WithoutMaturityMember_lbl1" xml:lang="en-US" id="bap_WithoutMaturityMember_lbl1">Without maturity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithoutMaturityMember" xlink:to="bap_WithoutMaturityMember_lbl1" xlink:title="label: WithoutMaturityMember to bap_WithoutMaturityMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_WithoutMaturityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_WithoutMaturityMember" xml:lang="en-US" id="bap_WithoutMaturityMember">Without Maturity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="WithoutMaturityMember" xlink:to="bap_WithoutMaturityMember" xlink:title="label: WithoutMaturityMember to bap_WithoutMaturityMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable" xlink:label="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable" xlink:title="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl">Schedule disclosing information related about assigned value of financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable" xlink:to="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable to bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl1">Disclosure of detailed information about assigned value of financial assets [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable" xlink:to="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable to bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems" xlink:label="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems" xlink:title="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl">Line items represent detailed information about assigned value of financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems to bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl1">Disclosure of detailed information about assigned value of financial assets [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems to bap_DisclosureOfDetailedInformationAboutAssignedValueOfFinancialAssetsLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetAssetsAbstract" xlink:label="NetAssetsAbstract" xlink:title="NetAssetsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_NetAssetsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetAssetsAbstract_lbl1" xml:lang="en-US" id="bap_NetAssetsAbstract_lbl1">Net assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsAbstract" xlink:to="bap_NetAssetsAbstract_lbl1" xlink:title="label: NetAssetsAbstract to bap_NetAssetsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NetAssetsAbstract" xml:lang="en-US" id="bap_NetAssetsAbstract">Net Assets [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetAssetsAbstract" xlink:to="bap_NetAssetsAbstract" xlink:title="label: NetAssetsAbstract to bap_NetAssetsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssignedValueOfFinancialAssets" xlink:label="AssignedValueOfFinancialAssets" xlink:title="AssignedValueOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="bap_AssignedValueOfFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AssignedValueOfFinancialAssets_lbl" xml:lang="en-US" id="bap_AssignedValueOfFinancialAssets_lbl">The assigned value of financial assets under administration off the balance sheet.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssignedValueOfFinancialAssets" xlink:to="bap_AssignedValueOfFinancialAssets_lbl" xlink:title="label: AssignedValueOfFinancialAssets to bap_AssignedValueOfFinancialAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AssignedValueOfFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssignedValueOfFinancialAssets_lbl1" xml:lang="en-US" id="bap_AssignedValueOfFinancialAssets_lbl1">Assigned value of the financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssignedValueOfFinancialAssets" xlink:to="bap_AssignedValueOfFinancialAssets_lbl1" xlink:title="label: AssignedValueOfFinancialAssets to bap_AssignedValueOfFinancialAssets_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssignedValueOfFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssignedValueOfFinancialAssets" xml:lang="en-US" id="bap_AssignedValueOfFinancialAssets">Assigned value of the financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssignedValueOfFinancialAssets" xlink:to="bap_AssignedValueOfFinancialAssets" xlink:title="label: AssignedValueOfFinancialAssets to bap_AssignedValueOfFinancialAssets" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PensionFundsMember" xlink:label="PensionFundsMember" xlink:title="PensionFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_PensionFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PensionFundsMember_lbl" xml:lang="en-US" id="bap_PensionFundsMember_lbl">This member stands for pension funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PensionFundsMember" xlink:to="bap_PensionFundsMember_lbl" xlink:title="label: PensionFundsMember to bap_PensionFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PensionFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PensionFundsMember_lbl1" xml:lang="en-US" id="bap_PensionFundsMember_lbl1">Pension funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PensionFundsMember" xlink:to="bap_PensionFundsMember_lbl1" xlink:title="label: PensionFundsMember to bap_PensionFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PensionFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PensionFundsMember" xml:lang="en-US" id="bap_PensionFundsMember">Pension Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PensionFundsMember" xlink:to="bap_PensionFundsMember" xlink:title="label: PensionFundsMember to bap_PensionFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BankTrustsMember" xlink:label="BankTrustsMember" xlink:title="BankTrustsMember" />
    <link:label xlink:type="resource" xlink:label="bap_BankTrustsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BankTrustsMember_lbl" xml:lang="en-US" id="bap_BankTrustsMember_lbl">This member stands for bank trusts.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankTrustsMember" xlink:to="bap_BankTrustsMember_lbl" xlink:title="label: BankTrustsMember to bap_BankTrustsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BankTrustsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BankTrustsMember_lbl1" xml:lang="en-US" id="bap_BankTrustsMember_lbl1">Bank trusts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankTrustsMember" xlink:to="bap_BankTrustsMember_lbl1" xlink:title="label: BankTrustsMember to bap_BankTrustsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BankTrustsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BankTrustsMember" xml:lang="en-US" id="bap_BankTrustsMember">Bank Trusts [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BankTrustsMember" xlink:to="bap_BankTrustsMember" xlink:title="label: BankTrustsMember to bap_BankTrustsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityManagedMember" xlink:label="EquityManagedMember" xlink:title="EquityManagedMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquityManagedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquityManagedMember_lbl" xml:lang="en-US" id="bap_EquityManagedMember_lbl">This member stands for equity managed.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityManagedMember" xlink:to="bap_EquityManagedMember_lbl" xlink:title="label: EquityManagedMember to bap_EquityManagedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquityManagedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityManagedMember_lbl1" xml:lang="en-US" id="bap_EquityManagedMember_lbl1">Equity managed [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityManagedMember" xlink:to="bap_EquityManagedMember_lbl1" xlink:title="label: EquityManagedMember to bap_EquityManagedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityManagedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquityManagedMember" xml:lang="en-US" id="bap_EquityManagedMember">Equity Managed [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityManagedMember" xlink:to="bap_EquityManagedMember" xlink:title="label: EquityManagedMember to bap_EquityManagedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems" xlink:label="DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems" xlink:title="DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems_lbl1">Disclosure Of Financial Assets And Liabilities Subject To Offsetting Enforceable Master Netting Arrangements And Similar Agreements [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems" xlink:to="bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems_lbl1" xlink:title="label: DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems to bap_DisclosureOfFinancialAssetsAndLiabilitiesSubjectToOffsettingEnforceableMasterNettingArrangementsAndSimilarAgreementsLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MarketPriceSensitivityTestsAbstract" xlink:label="MarketPriceSensitivityTestsAbstract" xlink:title="MarketPriceSensitivityTestsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_MarketPriceSensitivityTestsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MarketPriceSensitivityTestsAbstract_lbl1" xml:lang="en-US" id="bap_MarketPriceSensitivityTestsAbstract_lbl1">Market price sensitivity tests [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceSensitivityTestsAbstract" xlink:to="bap_MarketPriceSensitivityTestsAbstract_lbl1" xlink:title="label: MarketPriceSensitivityTestsAbstract to bap_MarketPriceSensitivityTestsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MarketPriceSensitivityTestsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MarketPriceSensitivityTestsAbstract" xml:lang="en-US" id="bap_MarketPriceSensitivityTestsAbstract">Market Price Sensitivity Tests [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceSensitivityTestsAbstract" xlink:to="bap_MarketPriceSensitivityTestsAbstract" xlink:title="label: MarketPriceSensitivityTestsAbstract to bap_MarketPriceSensitivityTestsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisPercentageChangesInMarketPrice" xlink:label="SensitivityAnalysisPercentageChangesInMarketPrice" xlink:title="SensitivityAnalysisPercentageChangesInMarketPrice" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl">The reasonably possible percentage change in market price used in sensitivity analysis to determine expected unrealized gain or loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentageChangesInMarketPrice" xlink:to="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl" xlink:title="label: SensitivityAnalysisPercentageChangesInMarketPrice to bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl1">Sensitivity analysis, percentage changes in market price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentageChangesInMarketPrice" xlink:to="bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl1" xlink:title="label: SensitivityAnalysisPercentageChangesInMarketPrice to bap_SensitivityAnalysisPercentageChangesInMarketPrice_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentageChangesInMarketPrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisPercentageChangesInMarketPrice" xml:lang="en-US" id="bap_SensitivityAnalysisPercentageChangesInMarketPrice">Sensitivity analysis, percentage changes in market price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentageChangesInMarketPrice" xlink:to="bap_SensitivityAnalysisPercentageChangesInMarketPrice" xlink:title="label: SensitivityAnalysisPercentageChangesInMarketPrice to bap_SensitivityAnalysisPercentageChangesInMarketPrice" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:label="SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:title="SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl">The amount of expected unrealized gain or loss due to change in market price.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:to="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl" xlink:title="label: SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice to bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl1">Sensitivity analysis, expected unrealized gain or (loss) due to change in market price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:to="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl1" xlink:title="label: SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice to bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xml:lang="en-US" id="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice">Sensitivity analysis, expected unrealized gain (loss) due to change in market price</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:to="bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" xlink:title="label: SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice to bap_SensitivityAnalysisExpectedUnrealizedGainOrLossDueToChangeInMarketPrice" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesAt10PercentChangeMember" xlink:label="EquitySecuritiesAt10PercentChangeMember" xlink:title="EquitySecuritiesAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_EquitySecuritiesAt10PercentChangeMember_lbl">This member stands for percentage of equity securities change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt10PercentChangeMember" xlink:to="bap_EquitySecuritiesAt10PercentChangeMember_lbl" xlink:title="label: EquitySecuritiesAt10PercentChangeMember to bap_EquitySecuritiesAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesAt10PercentChangeMember_lbl1">Equity securities at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt10PercentChangeMember" xlink:to="bap_EquitySecuritiesAt10PercentChangeMember_lbl1" xlink:title="label: EquitySecuritiesAt10PercentChangeMember to bap_EquitySecuritiesAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitySecuritiesAt10PercentChangeMember" xml:lang="en-US" id="bap_EquitySecuritiesAt10PercentChangeMember">Equity Securities at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt10PercentChangeMember" xlink:to="bap_EquitySecuritiesAt10PercentChangeMember" xlink:title="label: EquitySecuritiesAt10PercentChangeMember to bap_EquitySecuritiesAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HedgeFundsAt30PercentChangeMember" xlink:label="HedgeFundsAt30PercentChangeMember" xlink:title="HedgeFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HedgeFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_HedgeFundsAt30PercentChangeMember_lbl">This member stands for percentage of hedge funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt30PercentChangeMember" xlink:to="bap_HedgeFundsAt30PercentChangeMember_lbl" xlink:title="label: HedgeFundsAt30PercentChangeMember to bap_HedgeFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HedgeFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_HedgeFundsAt30PercentChangeMember_lbl1">Hedge funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt30PercentChangeMember" xlink:to="bap_HedgeFundsAt30PercentChangeMember_lbl1" xlink:title="label: HedgeFundsAt30PercentChangeMember to bap_HedgeFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HedgeFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_HedgeFundsAt30PercentChangeMember">Hedge Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt30PercentChangeMember" xlink:to="bap_HedgeFundsAt30PercentChangeMember" xlink:title="label: HedgeFundsAt30PercentChangeMember to bap_HedgeFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MutualFundsAt25PercentChangeMember" xlink:label="MutualFundsAt25PercentChangeMember" xlink:title="MutualFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MutualFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_MutualFundsAt25PercentChangeMember_lbl">This member stands for percentage of participation in mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt25PercentChangeMember" xlink:to="bap_MutualFundsAt25PercentChangeMember_lbl" xlink:title="label: MutualFundsAt25PercentChangeMember to bap_MutualFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MutualFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_MutualFundsAt25PercentChangeMember_lbl1">Mutual funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt25PercentChangeMember" xlink:to="bap_MutualFundsAt25PercentChangeMember_lbl1" xlink:title="label: MutualFundsAt25PercentChangeMember to bap_MutualFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MutualFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_MutualFundsAt25PercentChangeMember">Mutual Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt25PercentChangeMember" xlink:to="bap_MutualFundsAt25PercentChangeMember" xlink:title="label: MutualFundsAt25PercentChangeMember to bap_MutualFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HedgeFundsAt10PercentChangeMember" xlink:label="HedgeFundsAt10PercentChangeMember" xlink:title="HedgeFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HedgeFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_HedgeFundsAt10PercentChangeMember_lbl">This member stands for percentage of hedge funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt10PercentChangeMember" xlink:to="bap_HedgeFundsAt10PercentChangeMember_lbl" xlink:title="label: HedgeFundsAt10PercentChangeMember to bap_HedgeFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HedgeFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_HedgeFundsAt10PercentChangeMember_lbl1">Hedge funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt10PercentChangeMember" xlink:to="bap_HedgeFundsAt10PercentChangeMember_lbl1" xlink:title="label: HedgeFundsAt10PercentChangeMember to bap_HedgeFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HedgeFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_HedgeFundsAt10PercentChangeMember">Hedge Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt10PercentChangeMember" xlink:to="bap_HedgeFundsAt10PercentChangeMember" xlink:title="label: HedgeFundsAt10PercentChangeMember to bap_HedgeFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationInRALFundsAt30PercentChangeMember" xlink:label="ParticipationInRALFundsAt30PercentChangeMember" xlink:title="ParticipationInRALFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl">This member stands for percentage of participation in RAL mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt30PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl" xlink:title="label: ParticipationInRALFundsAt30PercentChangeMember to bap_ParticipationInRALFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl1">Participation in RAL funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt30PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt30PercentChangeMember_lbl1" xlink:title="label: ParticipationInRALFundsAt30PercentChangeMember to bap_ParticipationInRALFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationInRALFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_ParticipationInRALFundsAt30PercentChangeMember">Participation in RAL Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt30PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt30PercentChangeMember" xlink:title="label: ParticipationInRALFundsAt30PercentChangeMember to bap_ParticipationInRALFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MutualFundsAt30PercentChangeMember" xlink:label="MutualFundsAt30PercentChangeMember" xlink:title="MutualFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MutualFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_MutualFundsAt30PercentChangeMember_lbl">This member stands for percentage of participation in mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt30PercentChangeMember" xlink:to="bap_MutualFundsAt30PercentChangeMember_lbl" xlink:title="label: MutualFundsAt30PercentChangeMember to bap_MutualFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MutualFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_MutualFundsAt30PercentChangeMember_lbl1">Mutual funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt30PercentChangeMember" xlink:to="bap_MutualFundsAt30PercentChangeMember_lbl1" xlink:title="label: MutualFundsAt30PercentChangeMember to bap_MutualFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MutualFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_MutualFundsAt30PercentChangeMember">Mutual Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt30PercentChangeMember" xlink:to="bap_MutualFundsAt30PercentChangeMember" xlink:title="label: MutualFundsAt30PercentChangeMember to bap_MutualFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesAt30PercentChangeMember" xlink:label="EquitySecuritiesAt30PercentChangeMember" xlink:title="EquitySecuritiesAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_EquitySecuritiesAt30PercentChangeMember_lbl">This member stands for percentage of equity securities change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt30PercentChangeMember" xlink:to="bap_EquitySecuritiesAt30PercentChangeMember_lbl" xlink:title="label: EquitySecuritiesAt30PercentChangeMember to bap_EquitySecuritiesAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesAt30PercentChangeMember_lbl1">Equity securities at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt30PercentChangeMember" xlink:to="bap_EquitySecuritiesAt30PercentChangeMember_lbl1" xlink:title="label: EquitySecuritiesAt30PercentChangeMember to bap_EquitySecuritiesAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitySecuritiesAt30PercentChangeMember" xml:lang="en-US" id="bap_EquitySecuritiesAt30PercentChangeMember">Equity Securities at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt30PercentChangeMember" xlink:to="bap_EquitySecuritiesAt30PercentChangeMember" xlink:title="label: EquitySecuritiesAt30PercentChangeMember to bap_EquitySecuritiesAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RestrictedMutualFundsAt25PercentChangeMember" xlink:label="RestrictedMutualFundsAt25PercentChangeMember" xlink:title="RestrictedMutualFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl">This member stands for percentage of restricted mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt25PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl" xlink:title="label: RestrictedMutualFundsAt25PercentChangeMember to bap_RestrictedMutualFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl1">Restricted mutual funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt25PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt25PercentChangeMember_lbl1" xlink:title="label: RestrictedMutualFundsAt25PercentChangeMember to bap_RestrictedMutualFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RestrictedMutualFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_RestrictedMutualFundsAt25PercentChangeMember">Restricted Mutual Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt25PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt25PercentChangeMember" xlink:title="label: RestrictedMutualFundsAt25PercentChangeMember to bap_RestrictedMutualFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationInRALFundsAt10PercentChangeMember" xlink:label="ParticipationInRALFundsAt10PercentChangeMember" xlink:title="ParticipationInRALFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl">This member stands for percentage of participation in RAL mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt10PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl" xlink:title="label: ParticipationInRALFundsAt10PercentChangeMember to bap_ParticipationInRALFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl1">Participation in RAL funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt10PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt10PercentChangeMember_lbl1" xlink:title="label: ParticipationInRALFundsAt10PercentChangeMember to bap_ParticipationInRALFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationInRALFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_ParticipationInRALFundsAt10PercentChangeMember">Participation in RAL Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt10PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt10PercentChangeMember" xlink:title="label: ParticipationInRALFundsAt10PercentChangeMember to bap_ParticipationInRALFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentFundsAt30PercentChangeMember" xlink:label="InvestmentFundsAt30PercentChangeMember" xlink:title="InvestmentFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_InvestmentFundsAt30PercentChangeMember_lbl">This member stands for percentage of investment funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt30PercentChangeMember" xlink:to="bap_InvestmentFundsAt30PercentChangeMember_lbl" xlink:title="label: InvestmentFundsAt30PercentChangeMember to bap_InvestmentFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_InvestmentFundsAt30PercentChangeMember_lbl1">Investment funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt30PercentChangeMember" xlink:to="bap_InvestmentFundsAt30PercentChangeMember_lbl1" xlink:title="label: InvestmentFundsAt30PercentChangeMember to bap_InvestmentFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_InvestmentFundsAt30PercentChangeMember">Investment Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt30PercentChangeMember" xlink:to="bap_InvestmentFundsAt30PercentChangeMember" xlink:title="label: InvestmentFundsAt30PercentChangeMember to bap_InvestmentFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentFundsAt25PercentChangeMember" xlink:label="InvestmentFundsAt25PercentChangeMember" xlink:title="InvestmentFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_InvestmentFundsAt25PercentChangeMember_lbl">This member stands for percentage of investment funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt25PercentChangeMember" xlink:to="bap_InvestmentFundsAt25PercentChangeMember_lbl" xlink:title="label: InvestmentFundsAt25PercentChangeMember to bap_InvestmentFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_InvestmentFundsAt25PercentChangeMember_lbl1">Investment funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt25PercentChangeMember" xlink:to="bap_InvestmentFundsAt25PercentChangeMember_lbl1" xlink:title="label: InvestmentFundsAt25PercentChangeMember to bap_InvestmentFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_InvestmentFundsAt25PercentChangeMember">Investment Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt25PercentChangeMember" xlink:to="bap_InvestmentFundsAt25PercentChangeMember" xlink:title="label: InvestmentFundsAt25PercentChangeMember to bap_InvestmentFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MutualFundsAt10PercentChangeMember" xlink:label="MutualFundsAt10PercentChangeMember" xlink:title="MutualFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MutualFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_MutualFundsAt10PercentChangeMember_lbl">This member stands for percentage of participation in mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt10PercentChangeMember" xlink:to="bap_MutualFundsAt10PercentChangeMember_lbl" xlink:title="label: MutualFundsAt10PercentChangeMember to bap_MutualFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MutualFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_MutualFundsAt10PercentChangeMember_lbl1">Mutual funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt10PercentChangeMember" xlink:to="bap_MutualFundsAt10PercentChangeMember_lbl1" xlink:title="label: MutualFundsAt10PercentChangeMember to bap_MutualFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MutualFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_MutualFundsAt10PercentChangeMember">Mutual Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsAt10PercentChangeMember" xlink:to="bap_MutualFundsAt10PercentChangeMember" xlink:title="label: MutualFundsAt10PercentChangeMember to bap_MutualFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExchangeTradeFundsAt10PercentChangeMember" xlink:label="ExchangeTradeFundsAt10PercentChangeMember" xlink:title="ExchangeTradeFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl">This member stands for percentage of exchange trade funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt10PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl" xlink:title="label: ExchangeTradeFundsAt10PercentChangeMember to bap_ExchangeTradeFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl1">Exchange trade funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt10PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt10PercentChangeMember_lbl1" xlink:title="label: ExchangeTradeFundsAt10PercentChangeMember to bap_ExchangeTradeFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExchangeTradeFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_ExchangeTradeFundsAt10PercentChangeMember">Exchange Trade Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt10PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt10PercentChangeMember" xlink:title="label: ExchangeTradeFundsAt10PercentChangeMember to bap_ExchangeTradeFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RestrictedMutualFundsAt30PercentChangeMember" xlink:label="RestrictedMutualFundsAt30PercentChangeMember" xlink:title="RestrictedMutualFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl">This member stands for percentage of restricted mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt30PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl" xlink:title="label: RestrictedMutualFundsAt30PercentChangeMember to bap_RestrictedMutualFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl1">Restricted mutual funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt30PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt30PercentChangeMember_lbl1" xlink:title="label: RestrictedMutualFundsAt30PercentChangeMember to bap_RestrictedMutualFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RestrictedMutualFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_RestrictedMutualFundsAt30PercentChangeMember">Restricted Mutual Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt30PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt30PercentChangeMember" xlink:title="label: RestrictedMutualFundsAt30PercentChangeMember to bap_RestrictedMutualFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RestrictedMutualFundsAt10PercentChangeMember" xlink:label="RestrictedMutualFundsAt10PercentChangeMember" xlink:title="RestrictedMutualFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl">This member stands for percentage of restricted mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt10PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl" xlink:title="label: RestrictedMutualFundsAt10PercentChangeMember to bap_RestrictedMutualFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl1">Restricted mutual funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt10PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt10PercentChangeMember_lbl1" xlink:title="label: RestrictedMutualFundsAt10PercentChangeMember to bap_RestrictedMutualFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RestrictedMutualFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RestrictedMutualFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_RestrictedMutualFundsAt10PercentChangeMember">Restricted Mutual Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RestrictedMutualFundsAt10PercentChangeMember" xlink:to="bap_RestrictedMutualFundsAt10PercentChangeMember" xlink:title="label: RestrictedMutualFundsAt10PercentChangeMember to bap_RestrictedMutualFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExchangeTradeFundsAt25PercentChangeMember" xlink:label="ExchangeTradeFundsAt25PercentChangeMember" xlink:title="ExchangeTradeFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl">This member stands for percentage of exchange trade funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt25PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl" xlink:title="label: ExchangeTradeFundsAt25PercentChangeMember to bap_ExchangeTradeFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl1">Exchange trade funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt25PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt25PercentChangeMember_lbl1" xlink:title="label: ExchangeTradeFundsAt25PercentChangeMember to bap_ExchangeTradeFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExchangeTradeFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_ExchangeTradeFundsAt25PercentChangeMember">Exchange Trade Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt25PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt25PercentChangeMember" xlink:title="label: ExchangeTradeFundsAt25PercentChangeMember to bap_ExchangeTradeFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitySecuritiesAt25PercentChangeMember" xlink:label="EquitySecuritiesAt25PercentChangeMember" xlink:title="EquitySecuritiesAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitySecuritiesAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_EquitySecuritiesAt25PercentChangeMember_lbl">This member stands for percentage of equity securities change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt25PercentChangeMember" xlink:to="bap_EquitySecuritiesAt25PercentChangeMember_lbl" xlink:title="label: EquitySecuritiesAt25PercentChangeMember to bap_EquitySecuritiesAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitySecuritiesAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_EquitySecuritiesAt25PercentChangeMember_lbl1">Equity securities at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt25PercentChangeMember" xlink:to="bap_EquitySecuritiesAt25PercentChangeMember_lbl1" xlink:title="label: EquitySecuritiesAt25PercentChangeMember to bap_EquitySecuritiesAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitySecuritiesAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitySecuritiesAt25PercentChangeMember" xml:lang="en-US" id="bap_EquitySecuritiesAt25PercentChangeMember">Equity Securities at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitySecuritiesAt25PercentChangeMember" xlink:to="bap_EquitySecuritiesAt25PercentChangeMember" xlink:title="label: EquitySecuritiesAt25PercentChangeMember to bap_EquitySecuritiesAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationInRALFundsAt25PercentChangeMember" xlink:label="ParticipationInRALFundsAt25PercentChangeMember" xlink:title="ParticipationInRALFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl">This member stands for percentage of participation in RAL mutual funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt25PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl" xlink:title="label: ParticipationInRALFundsAt25PercentChangeMember to bap_ParticipationInRALFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl1">Participation in RAL funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt25PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt25PercentChangeMember_lbl1" xlink:title="label: ParticipationInRALFundsAt25PercentChangeMember to bap_ParticipationInRALFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationInRALFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationInRALFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_ParticipationInRALFundsAt25PercentChangeMember">Participation in RAL Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationInRALFundsAt25PercentChangeMember" xlink:to="bap_ParticipationInRALFundsAt25PercentChangeMember" xlink:title="label: ParticipationInRALFundsAt25PercentChangeMember to bap_ParticipationInRALFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentFundsAt10PercentChangeMember" xlink:label="InvestmentFundsAt10PercentChangeMember" xlink:title="InvestmentFundsAt10PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt10PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentFundsAt10PercentChangeMember_lbl" xml:lang="en-US" id="bap_InvestmentFundsAt10PercentChangeMember_lbl">This member stands for percentage of investment funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt10PercentChangeMember" xlink:to="bap_InvestmentFundsAt10PercentChangeMember_lbl" xlink:title="label: InvestmentFundsAt10PercentChangeMember to bap_InvestmentFundsAt10PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt10PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentFundsAt10PercentChangeMember_lbl1" xml:lang="en-US" id="bap_InvestmentFundsAt10PercentChangeMember_lbl1">Investment funds at10 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt10PercentChangeMember" xlink:to="bap_InvestmentFundsAt10PercentChangeMember_lbl1" xlink:title="label: InvestmentFundsAt10PercentChangeMember to bap_InvestmentFundsAt10PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentFundsAt10PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentFundsAt10PercentChangeMember" xml:lang="en-US" id="bap_InvestmentFundsAt10PercentChangeMember">Investment Funds at 10 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentFundsAt10PercentChangeMember" xlink:to="bap_InvestmentFundsAt10PercentChangeMember" xlink:title="label: InvestmentFundsAt10PercentChangeMember to bap_InvestmentFundsAt10PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HedgeFundsAt25PercentChangeMember" xlink:label="HedgeFundsAt25PercentChangeMember" xlink:title="HedgeFundsAt25PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt25PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HedgeFundsAt25PercentChangeMember_lbl" xml:lang="en-US" id="bap_HedgeFundsAt25PercentChangeMember_lbl">This member stands for percentage of hedge funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt25PercentChangeMember" xlink:to="bap_HedgeFundsAt25PercentChangeMember_lbl" xlink:title="label: HedgeFundsAt25PercentChangeMember to bap_HedgeFundsAt25PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt25PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HedgeFundsAt25PercentChangeMember_lbl1" xml:lang="en-US" id="bap_HedgeFundsAt25PercentChangeMember_lbl1">Hedge funds at25 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt25PercentChangeMember" xlink:to="bap_HedgeFundsAt25PercentChangeMember_lbl1" xlink:title="label: HedgeFundsAt25PercentChangeMember to bap_HedgeFundsAt25PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundsAt25PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HedgeFundsAt25PercentChangeMember" xml:lang="en-US" id="bap_HedgeFundsAt25PercentChangeMember">Hedge Funds at 25 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundsAt25PercentChangeMember" xlink:to="bap_HedgeFundsAt25PercentChangeMember" xlink:title="label: HedgeFundsAt25PercentChangeMember to bap_HedgeFundsAt25PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ExchangeTradeFundsAt30PercentChangeMember" xlink:label="ExchangeTradeFundsAt30PercentChangeMember" xlink:title="ExchangeTradeFundsAt30PercentChangeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl" xml:lang="en-US" id="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl">This member stands for percentage of exchange trade funds change in market prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt30PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl" xlink:title="label: ExchangeTradeFundsAt30PercentChangeMember to bap_ExchangeTradeFundsAt30PercentChangeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl1" xml:lang="en-US" id="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl1">Exchange trade funds at30 percent change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt30PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt30PercentChangeMember_lbl1" xlink:title="label: ExchangeTradeFundsAt30PercentChangeMember to bap_ExchangeTradeFundsAt30PercentChangeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ExchangeTradeFundsAt30PercentChangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ExchangeTradeFundsAt30PercentChangeMember" xml:lang="en-US" id="bap_ExchangeTradeFundsAt30PercentChangeMember">Exchange Trade Funds at 30 Percent Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ExchangeTradeFundsAt30PercentChangeMember" xlink:to="bap_ExchangeTradeFundsAt30PercentChangeMember" xlink:title="label: ExchangeTradeFundsAt30PercentChangeMember to bap_ExchangeTradeFundsAt30PercentChangeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangesInInterestRatesAbstract" xlink:label="SensitivityAnalysisChangesInInterestRatesAbstract" xlink:title="SensitivityAnalysisChangesInInterestRatesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInInterestRatesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangesInInterestRatesAbstract_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInInterestRatesAbstract_lbl1">Sensitivity analysis changes in interest rates [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInInterestRatesAbstract" xlink:to="bap_SensitivityAnalysisChangesInInterestRatesAbstract_lbl1" xlink:title="label: SensitivityAnalysisChangesInInterestRatesAbstract to bap_SensitivityAnalysisChangesInInterestRatesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInInterestRatesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisChangesInInterestRatesAbstract" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInInterestRatesAbstract">Sensitivity Analysis Changes in Interest Rates [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInInterestRatesAbstract" xlink:to="bap_SensitivityAnalysisChangesInInterestRatesAbstract" xlink:title="label: SensitivityAnalysisChangesInInterestRatesAbstract to bap_SensitivityAnalysisChangesInInterestRatesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangesInBasisPoints" xlink:label="SensitivityAnalysisChangesInBasisPoints" xlink:title="SensitivityAnalysisChangesInBasisPoints" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInBasisPoints_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisChangesInBasisPoints_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInBasisPoints_lbl">The reasonably possible change in basis points used in sensitivity analysis to determine the relative change in net profit and economic value.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInBasisPoints" xlink:to="bap_SensitivityAnalysisChangesInBasisPoints_lbl" xlink:title="label: SensitivityAnalysisChangesInBasisPoints to bap_SensitivityAnalysisChangesInBasisPoints_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInBasisPoints_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangesInBasisPoints_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInBasisPoints_lbl1">Sensitivity analysis, changes in basis points</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInBasisPoints" xlink:to="bap_SensitivityAnalysisChangesInBasisPoints_lbl1" xlink:title="label: SensitivityAnalysisChangesInBasisPoints to bap_SensitivityAnalysisChangesInBasisPoints_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInBasisPoints" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisChangesInBasisPoints" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInBasisPoints">Changes in basis points</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInBasisPoints" xlink:to="bap_SensitivityAnalysisChangesInBasisPoints" xlink:title="label: SensitivityAnalysisChangesInBasisPoints to bap_SensitivityAnalysisChangesInBasisPoints" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangesInEconomicValue" xlink:label="SensitivityAnalysisChangesInEconomicValue" xlink:title="SensitivityAnalysisChangesInEconomicValue" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInEconomicValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisChangesInEconomicValue_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInEconomicValue_lbl">The amount of change in economic value due to change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInEconomicValue" xlink:to="bap_SensitivityAnalysisChangesInEconomicValue_lbl" xlink:title="label: SensitivityAnalysisChangesInEconomicValue to bap_SensitivityAnalysisChangesInEconomicValue_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInEconomicValue_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangesInEconomicValue_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInEconomicValue_lbl1">Sensitivity analysis, changes in economic value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInEconomicValue" xlink:to="bap_SensitivityAnalysisChangesInEconomicValue_lbl1" xlink:title="label: SensitivityAnalysisChangesInEconomicValue to bap_SensitivityAnalysisChangesInEconomicValue_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInEconomicValue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SensitivityAnalysisChangesInEconomicValue" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInEconomicValue">Sensitivity of net economic value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInEconomicValue" xlink:to="bap_SensitivityAnalysisChangesInEconomicValue" xlink:title="label: SensitivityAnalysisChangesInEconomicValue to bap_SensitivityAnalysisChangesInEconomicValue" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsFiveMember" xlink:label="ChangesInBasisPointsFiveMember" xlink:title="ChangesInBasisPointsFiveMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsFiveMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsFiveMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFiveMember" xlink:to="bap_ChangesInBasisPointsFiveMember_lbl" xlink:title="label: ChangesInBasisPointsFiveMember to bap_ChangesInBasisPointsFiveMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFiveMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsFiveMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsFiveMember_lbl1">Changes in basis points five [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFiveMember" xlink:to="bap_ChangesInBasisPointsFiveMember_lbl1" xlink:title="label: ChangesInBasisPointsFiveMember to bap_ChangesInBasisPointsFiveMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFiveMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_ChangesInBasisPointsFiveMember" xml:lang="en-US" id="bap_ChangesInBasisPointsFiveMember">U.S. Dollar at 75 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFiveMember" xlink:to="bap_ChangesInBasisPointsFiveMember" xlink:title="label: ChangesInBasisPointsFiveMember to bap_ChangesInBasisPointsFiveMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsTwoMember" xlink:label="ChangesInBasisPointsTwoMember" xlink:title="ChangesInBasisPointsTwoMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsTwoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsTwoMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsTwoMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsTwoMember" xlink:to="bap_ChangesInBasisPointsTwoMember_lbl" xlink:title="label: ChangesInBasisPointsTwoMember to bap_ChangesInBasisPointsTwoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsTwoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsTwoMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsTwoMember_lbl1">Changes in basis points two [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsTwoMember" xlink:to="bap_ChangesInBasisPointsTwoMember_lbl1" xlink:title="label: ChangesInBasisPointsTwoMember to bap_ChangesInBasisPointsTwoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsTwoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsTwoMember" xml:lang="en-US" id="bap_ChangesInBasisPointsTwoMember">Soles at 100 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsTwoMember" xlink:to="bap_ChangesInBasisPointsTwoMember" xlink:title="label: ChangesInBasisPointsTwoMember to bap_ChangesInBasisPointsTwoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsOneMember" xlink:label="ChangesInBasisPointsOneMember" xlink:title="ChangesInBasisPointsOneMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsOneMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsOneMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsOneMember" xlink:to="bap_ChangesInBasisPointsOneMember_lbl" xlink:title="label: ChangesInBasisPointsOneMember to bap_ChangesInBasisPointsOneMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsOneMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsOneMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsOneMember_lbl1">Changes in basis points one [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsOneMember" xlink:to="bap_ChangesInBasisPointsOneMember_lbl1" xlink:title="label: ChangesInBasisPointsOneMember to bap_ChangesInBasisPointsOneMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsOneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsOneMember" xml:lang="en-US" id="bap_ChangesInBasisPointsOneMember">Soles at 75 Basis Points change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsOneMember" xlink:to="bap_ChangesInBasisPointsOneMember" xlink:title="label: ChangesInBasisPointsOneMember to bap_ChangesInBasisPointsOneMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsFourMember" xlink:label="ChangesInBasisPointsFourMember" xlink:title="ChangesInBasisPointsFourMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsFourMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsFourMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFourMember" xlink:to="bap_ChangesInBasisPointsFourMember_lbl" xlink:title="label: ChangesInBasisPointsFourMember to bap_ChangesInBasisPointsFourMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFourMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsFourMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsFourMember_lbl1">Changes in basis points four [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFourMember" xlink:to="bap_ChangesInBasisPointsFourMember_lbl1" xlink:title="label: ChangesInBasisPointsFourMember to bap_ChangesInBasisPointsFourMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsFourMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsFourMember" xml:lang="en-US" id="bap_ChangesInBasisPointsFourMember">U.S. Dollar at 50 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsFourMember" xlink:to="bap_ChangesInBasisPointsFourMember" xlink:title="label: ChangesInBasisPointsFourMember to bap_ChangesInBasisPointsFourMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsThreeMember" xlink:label="ChangesInBasisPointsThreeMember" xlink:title="ChangesInBasisPointsThreeMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsThreeMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsThreeMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsThreeMember" xlink:to="bap_ChangesInBasisPointsThreeMember_lbl" xlink:title="label: ChangesInBasisPointsThreeMember to bap_ChangesInBasisPointsThreeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsThreeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsThreeMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsThreeMember_lbl1">Changes in basis points three [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsThreeMember" xlink:to="bap_ChangesInBasisPointsThreeMember_lbl1" xlink:title="label: ChangesInBasisPointsThreeMember to bap_ChangesInBasisPointsThreeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsThreeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsThreeMember" xml:lang="en-US" id="bap_ChangesInBasisPointsThreeMember">Soles at 150 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsThreeMember" xlink:to="bap_ChangesInBasisPointsThreeMember" xlink:title="label: ChangesInBasisPointsThreeMember to bap_ChangesInBasisPointsThreeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsMember" xlink:label="ChangesInBasisPointsMember" xlink:title="ChangesInBasisPointsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsMember" xlink:to="bap_ChangesInBasisPointsMember_lbl" xlink:title="label: ChangesInBasisPointsMember to bap_ChangesInBasisPointsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsMember_lbl1">Changes in basis points [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsMember" xlink:to="bap_ChangesInBasisPointsMember_lbl1" xlink:title="label: ChangesInBasisPointsMember to bap_ChangesInBasisPointsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsMember" xml:lang="en-US" id="bap_ChangesInBasisPointsMember">Soles at 50 Basis Points change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsMember" xlink:to="bap_ChangesInBasisPointsMember" xlink:title="label: ChangesInBasisPointsMember to bap_ChangesInBasisPointsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsSevenMember" xlink:label="ChangesInBasisPointsSevenMember" xlink:title="ChangesInBasisPointsSevenMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSevenMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsSevenMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsSevenMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSevenMember" xlink:to="bap_ChangesInBasisPointsSevenMember_lbl" xlink:title="label: ChangesInBasisPointsSevenMember to bap_ChangesInBasisPointsSevenMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSevenMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsSevenMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsSevenMember_lbl1">Changes in basis points seven [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSevenMember" xlink:to="bap_ChangesInBasisPointsSevenMember_lbl1" xlink:title="label: ChangesInBasisPointsSevenMember to bap_ChangesInBasisPointsSevenMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSevenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsSevenMember" xml:lang="en-US" id="bap_ChangesInBasisPointsSevenMember">U.S. Dollar at 150 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSevenMember" xlink:to="bap_ChangesInBasisPointsSevenMember" xlink:title="label: ChangesInBasisPointsSevenMember to bap_ChangesInBasisPointsSevenMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChangesInBasisPointsSixMember" xlink:label="ChangesInBasisPointsSixMember" xlink:title="ChangesInBasisPointsSixMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChangesInBasisPointsSixMember_lbl" xml:lang="en-US" id="bap_ChangesInBasisPointsSixMember_lbl">This member stands for change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSixMember" xlink:to="bap_ChangesInBasisPointsSixMember_lbl" xlink:title="label: ChangesInBasisPointsSixMember to bap_ChangesInBasisPointsSixMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSixMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChangesInBasisPointsSixMember_lbl1" xml:lang="en-US" id="bap_ChangesInBasisPointsSixMember_lbl1">Changes in basis points six [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSixMember" xlink:to="bap_ChangesInBasisPointsSixMember_lbl1" xlink:title="label: ChangesInBasisPointsSixMember to bap_ChangesInBasisPointsSixMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChangesInBasisPointsSixMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChangesInBasisPointsSixMember" xml:lang="en-US" id="bap_ChangesInBasisPointsSixMember">U.S. Dollar at 100 Basis Points Change [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChangesInBasisPointsSixMember" xlink:to="bap_ChangesInBasisPointsSixMember" xlink:title="label: ChangesInBasisPointsSixMember to bap_ChangesInBasisPointsSixMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangesInNetProfit" xlink:label="SensitivityAnalysisChangesInNetProfit" xlink:title="SensitivityAnalysisChangesInNetProfit" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInNetProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisChangesInNetProfit_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInNetProfit_lbl">The amount of change in net profit due to change in basis points.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInNetProfit" xlink:to="bap_SensitivityAnalysisChangesInNetProfit_lbl" xlink:title="label: SensitivityAnalysisChangesInNetProfit to bap_SensitivityAnalysisChangesInNetProfit_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInNetProfit_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangesInNetProfit_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInNetProfit_lbl1">Sensitivity analysis, changes in net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInNetProfit" xlink:to="bap_SensitivityAnalysisChangesInNetProfit_lbl1" xlink:title="label: SensitivityAnalysisChangesInNetProfit to bap_SensitivityAnalysisChangesInNetProfit_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangesInNetProfit" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_SensitivityAnalysisChangesInNetProfit" xml:lang="en-US" id="bap_SensitivityAnalysisChangesInNetProfit">Sensitivity of net profit</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangesInNetProfit" xlink:to="bap_SensitivityAnalysisChangesInNetProfit" xlink:title="label: SensitivityAnalysisChangesInNetProfit to bap_SensitivityAnalysisChangesInNetProfit" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AaaMember" xlink:label="AaaMember" xlink:title="AaaMember" />
    <link:label xlink:type="resource" xlink:label="bap_AaaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AaaMember_lbl" xml:lang="en-US" id="bap_AaaMember_lbl">This member stands for Investment in AAA rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaaMember" xlink:to="bap_AaaMember_lbl" xlink:title="label: AaaMember to bap_AaaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AaaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AaaMember_lbl1" xml:lang="en-US" id="bap_AaaMember_lbl1">Aaa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaaMember" xlink:to="bap_AaaMember_lbl1" xlink:title="label: AaaMember to bap_AaaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AaaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AaaMember" xml:lang="en-US" id="bap_AaaMember">AAA [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaaMember" xlink:to="bap_AaaMember" xlink:title="label: AaaMember to bap_AaaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BbToBbMember" xlink:label="BbToBbMember" xlink:title="BbToBbMember" />
    <link:label xlink:type="resource" xlink:label="bap_BbToBbMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BbToBbMember_lbl" xml:lang="en-US" id="bap_BbToBbMember_lbl">This member stands for Investment in BB- to BB+ rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbToBbMember" xlink:to="bap_BbToBbMember_lbl" xlink:title="label: BbToBbMember to bap_BbToBbMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BbToBbMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BbToBbMember_lbl1" xml:lang="en-US" id="bap_BbToBbMember_lbl1">Bb To Bb [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbToBbMember" xlink:to="bap_BbToBbMember_lbl1" xlink:title="label: BbToBbMember to bap_BbToBbMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BbToBbMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BbToBbMember" xml:lang="en-US" id="bap_BbToBbMember">BB- to BB+ [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbToBbMember" xlink:to="bap_BbToBbMember" xlink:title="label: BbToBbMember to bap_BbToBbMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LowerAndEqualToBMember" xlink:label="LowerAndEqualToBMember" xlink:title="LowerAndEqualToBMember" />
    <link:label xlink:type="resource" xlink:label="bap_LowerAndEqualToBMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LowerAndEqualToBMember_lbl" xml:lang="en-US" id="bap_LowerAndEqualToBMember_lbl">This member stands for Investment in Lower and equal to +B rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowerAndEqualToBMember" xlink:to="bap_LowerAndEqualToBMember_lbl" xlink:title="label: LowerAndEqualToBMember to bap_LowerAndEqualToBMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LowerAndEqualToBMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LowerAndEqualToBMember_lbl1" xml:lang="en-US" id="bap_LowerAndEqualToBMember_lbl1">Lower And Equal To B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowerAndEqualToBMember" xlink:to="bap_LowerAndEqualToBMember_lbl1" xlink:title="label: LowerAndEqualToBMember to bap_LowerAndEqualToBMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LowerAndEqualToBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LowerAndEqualToBMember" xml:lang="en-US" id="bap_LowerAndEqualToBMember">Lower and Equal to +B [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LowerAndEqualToBMember" xlink:to="bap_LowerAndEqualToBMember" xlink:title="label: LowerAndEqualToBMember to bap_LowerAndEqualToBMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:label="AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:title="AnalysisOfRiskRatingOfInvestmentsAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AnalysisOfRiskRatingOfInvestmentsAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AnalysisOfRiskRatingOfInvestmentsAbstract_lbl1" xml:lang="en-US" id="bap_AnalysisOfRiskRatingOfInvestmentsAbstract_lbl1">Analysis Of Risk-rating Of Investments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:to="bap_AnalysisOfRiskRatingOfInvestmentsAbstract_lbl1" xlink:title="label: AnalysisOfRiskRatingOfInvestmentsAbstract to bap_AnalysisOfRiskRatingOfInvestmentsAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AnalysisOfRiskRatingOfInvestmentsAbstract" xml:lang="en-US" id="bap_AnalysisOfRiskRatingOfInvestmentsAbstract">Analysis of Risk-rating of Investments [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:to="bap_AnalysisOfRiskRatingOfInvestmentsAbstract" xlink:title="label: AnalysisOfRiskRatingOfInvestmentsAbstract to bap_AnalysisOfRiskRatingOfInvestmentsAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AToAMember" xlink:label="AToAMember" xlink:title="AToAMember" />
    <link:label xlink:type="resource" xlink:label="bap_AToAMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AToAMember_lbl" xml:lang="en-US" id="bap_AToAMember_lbl">This member stands for Investment in A- to A+ rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AToAMember" xlink:to="bap_AToAMember_lbl" xlink:title="label: AToAMember to bap_AToAMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AToAMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AToAMember_lbl1" xml:lang="en-US" id="bap_AToAMember_lbl1">A To A [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AToAMember" xlink:to="bap_AToAMember_lbl1" xlink:title="label: AToAMember to bap_AToAMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AToAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AToAMember" xml:lang="en-US" id="bap_AToAMember">A- to A+ [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AToAMember" xlink:to="bap_AToAMember" xlink:title="label: AToAMember to bap_AToAMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ListedAndUnlistedSecuritiesMember" xlink:label="ListedAndUnlistedSecuritiesMember" xlink:title="ListedAndUnlistedSecuritiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_ListedAndUnlistedSecuritiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ListedAndUnlistedSecuritiesMember_lbl" xml:lang="en-US" id="bap_ListedAndUnlistedSecuritiesMember_lbl">This member stands for Investment in Listed and unlisted Securities funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ListedAndUnlistedSecuritiesMember" xlink:to="bap_ListedAndUnlistedSecuritiesMember_lbl" xlink:title="label: ListedAndUnlistedSecuritiesMember to bap_ListedAndUnlistedSecuritiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ListedAndUnlistedSecuritiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ListedAndUnlistedSecuritiesMember_lbl1" xml:lang="en-US" id="bap_ListedAndUnlistedSecuritiesMember_lbl1">Listed And Unlisted Securities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ListedAndUnlistedSecuritiesMember" xlink:to="bap_ListedAndUnlistedSecuritiesMember_lbl1" xlink:title="label: ListedAndUnlistedSecuritiesMember to bap_ListedAndUnlistedSecuritiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ListedAndUnlistedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ListedAndUnlistedSecuritiesMember" xml:lang="en-US" id="bap_ListedAndUnlistedSecuritiesMember">Listed and Unlisted Securities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ListedAndUnlistedSecuritiesMember" xlink:to="bap_ListedAndUnlistedSecuritiesMember" xlink:title="label: ListedAndUnlistedSecuritiesMember to bap_ListedAndUnlistedSecuritiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfFinancialAssets" xlink:label="PercentageOfFinancialAssets" xlink:title="PercentageOfFinancialAssets" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfFinancialAssets_lbl" xml:lang="en-US" id="bap_PercentageOfFinancialAssets_lbl">The percentage of the entity's financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfFinancialAssets" xlink:to="bap_PercentageOfFinancialAssets_lbl" xlink:title="label: PercentageOfFinancialAssets to bap_PercentageOfFinancialAssets_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfFinancialAssets_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfFinancialAssets_lbl1" xml:lang="en-US" id="bap_PercentageOfFinancialAssets_lbl1">Percentage of financial assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfFinancialAssets" xlink:to="bap_PercentageOfFinancialAssets_lbl1" xlink:title="label: PercentageOfFinancialAssets to bap_PercentageOfFinancialAssets_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BbbToBbbMember" xlink:label="BbbToBbbMember" xlink:title="BbbToBbbMember" />
    <link:label xlink:type="resource" xlink:label="bap_BbbToBbbMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BbbToBbbMember_lbl" xml:lang="en-US" id="bap_BbbToBbbMember_lbl">This member stands for Investment in BBB- to BBB+ rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbbToBbbMember" xlink:to="bap_BbbToBbbMember_lbl" xlink:title="label: BbbToBbbMember to bap_BbbToBbbMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BbbToBbbMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BbbToBbbMember_lbl1" xml:lang="en-US" id="bap_BbbToBbbMember_lbl1">Bbb To Bbb [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbbToBbbMember" xlink:to="bap_BbbToBbbMember_lbl1" xlink:title="label: BbbToBbbMember to bap_BbbToBbbMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BbbToBbbMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BbbToBbbMember" xml:lang="en-US" id="bap_BbbToBbbMember">BBB- to BBB+ [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BbbToBbbMember" xlink:to="bap_BbbToBbbMember" xlink:title="label: BbbToBbbMember to bap_BbbToBbbMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SubtotalMember" xlink:label="SubtotalMember" xlink:title="SubtotalMember" />
    <link:label xlink:type="resource" xlink:label="bap_SubtotalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SubtotalMember_lbl" xml:lang="en-US" id="bap_SubtotalMember_lbl">This member stands for Subtotal.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubtotalMember" xlink:to="bap_SubtotalMember_lbl" xlink:title="label: SubtotalMember to bap_SubtotalMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SubtotalMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SubtotalMember_lbl1" xml:lang="en-US" id="bap_SubtotalMember_lbl1">Subtotal [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubtotalMember" xlink:to="bap_SubtotalMember_lbl1" xlink:title="label: SubtotalMember to bap_SubtotalMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SubtotalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SubtotalMember" xml:lang="en-US" id="bap_SubtotalMember">Subtotal [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SubtotalMember" xlink:to="bap_SubtotalMember" xlink:title="label: SubtotalMember to bap_SubtotalMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ParticipationsOfRalFundsMember" xlink:label="ParticipationsOfRalFundsMember" xlink:title="ParticipationsOfRalFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationsOfRalFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ParticipationsOfRalFundsMember_lbl" xml:lang="en-US" id="bap_ParticipationsOfRalFundsMember_lbl">This member stands for Investment in Participations of RAL funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationsOfRalFundsMember" xlink:to="bap_ParticipationsOfRalFundsMember_lbl" xlink:title="label: ParticipationsOfRalFundsMember to bap_ParticipationsOfRalFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationsOfRalFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ParticipationsOfRalFundsMember_lbl1" xml:lang="en-US" id="bap_ParticipationsOfRalFundsMember_lbl1">Participations Of Ral Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationsOfRalFundsMember" xlink:to="bap_ParticipationsOfRalFundsMember_lbl1" xlink:title="label: ParticipationsOfRalFundsMember to bap_ParticipationsOfRalFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ParticipationsOfRalFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ParticipationsOfRalFundsMember" xml:lang="en-US" id="bap_ParticipationsOfRalFundsMember">Participations of RAL Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ParticipationsOfRalFundsMember" xlink:to="bap_ParticipationsOfRalFundsMember" xlink:title="label: ParticipationsOfRalFundsMember to bap_ParticipationsOfRalFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:label="TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:title="TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember_lbl1" xml:lang="en-US" id="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember_lbl1">Trading Securities Availableforsale And Heldtomaturity Investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:to="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember_lbl1" xlink:title="label: TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember to bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xml:lang="en-US" id="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember">Trading Securities, Available-for-sale and Held-to-maturity Investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:to="bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" xlink:title="label: TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember to bap_TradingSecuritiesAvailableforsaleAndHeldtomaturityInvestmentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AaToAaMember" xlink:label="AaToAaMember" xlink:title="AaToAaMember" />
    <link:label xlink:type="resource" xlink:label="bap_AaToAaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AaToAaMember_lbl" xml:lang="en-US" id="bap_AaToAaMember_lbl">This member stands for Investment in AA- a AA+ rated funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaToAaMember" xlink:to="bap_AaToAaMember_lbl" xlink:title="label: AaToAaMember to bap_AaToAaMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AaToAaMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AaToAaMember_lbl1" xml:lang="en-US" id="bap_AaToAaMember_lbl1">Aa To Aa [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaToAaMember" xlink:to="bap_AaToAaMember_lbl1" xlink:title="label: AaToAaMember to bap_AaToAaMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AaToAaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AaToAaMember" xml:lang="en-US" id="bap_AaToAaMember">AA- a AA+ [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AaToAaMember" xlink:to="bap_AaToAaMember" xlink:title="label: AaToAaMember to bap_AaToAaMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MutualFundsMember" xlink:label="MutualFundsMember" xlink:title="MutualFundsMember" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MutualFundsMember_lbl" xml:lang="en-US" id="bap_MutualFundsMember_lbl">This member stands for Investment in mutual funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsMember" xlink:to="bap_MutualFundsMember_lbl" xlink:title="label: MutualFundsMember to bap_MutualFundsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MutualFundsMember_lbl1" xml:lang="en-US" id="bap_MutualFundsMember_lbl1">Mutual Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsMember" xlink:to="bap_MutualFundsMember_lbl1" xlink:title="label: MutualFundsMember to bap_MutualFundsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MutualFundsMember" xml:lang="en-US" id="bap_MutualFundsMember">Mutual Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsMember" xlink:to="bap_MutualFundsMember" xlink:title="label: MutualFundsMember to bap_MutualFundsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HedgeFundMember" xlink:label="HedgeFundMember" xlink:title="HedgeFundMember" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HedgeFundMember_lbl" xml:lang="en-US" id="bap_HedgeFundMember_lbl">This member stands for investment in hedge fund.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundMember" xlink:to="bap_HedgeFundMember_lbl" xlink:title="label: HedgeFundMember to bap_HedgeFundMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HedgeFundMember_lbl1" xml:lang="en-US" id="bap_HedgeFundMember_lbl1">Hedge fund [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundMember" xlink:to="bap_HedgeFundMember_lbl1" xlink:title="label: HedgeFundMember to bap_HedgeFundMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HedgeFundMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_HedgeFundMember" xml:lang="en-US" id="bap_HedgeFundMember">Hedge Funds [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HedgeFundMember" xlink:to="bap_HedgeFundMember" xlink:title="label: HedgeFundMember to bap_HedgeFundMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BcrpCertificatesOfDepositMember" xlink:label="BcrpCertificatesOfDepositMember" xlink:title="BcrpCertificatesOfDepositMember" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpCertificatesOfDepositMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BcrpCertificatesOfDepositMember_lbl" xml:lang="en-US" id="bap_BcrpCertificatesOfDepositMember_lbl">This member stands for Investment in BCRP certificates of deposits funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpCertificatesOfDepositMember" xlink:to="bap_BcrpCertificatesOfDepositMember_lbl" xlink:title="label: BcrpCertificatesOfDepositMember to bap_BcrpCertificatesOfDepositMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpCertificatesOfDepositMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BcrpCertificatesOfDepositMember_lbl1" xml:lang="en-US" id="bap_BcrpCertificatesOfDepositMember_lbl1">Bcrp Certificates Of Deposit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpCertificatesOfDepositMember" xlink:to="bap_BcrpCertificatesOfDepositMember_lbl1" xlink:title="label: BcrpCertificatesOfDepositMember to bap_BcrpCertificatesOfDepositMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BcrpCertificatesOfDepositMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BcrpCertificatesOfDepositMember" xml:lang="en-US" id="bap_BcrpCertificatesOfDepositMember">BCRP Certificates of Deposit [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BcrpCertificatesOfDepositMember" xlink:to="bap_BcrpCertificatesOfDepositMember" xlink:title="label: BcrpCertificatesOfDepositMember to bap_BcrpCertificatesOfDepositMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeFinancialAssetsMember" xlink:label="DerivativeFinancialAssetsMember" xlink:title="DerivativeFinancialAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeFinancialAssetsMember_lbl" xml:lang="en-US" id="bap_DerivativeFinancialAssetsMember_lbl">This member stands for derivative financial assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialAssetsMember" xlink:to="bap_DerivativeFinancialAssetsMember_lbl" xlink:title="label: DerivativeFinancialAssetsMember to bap_DerivativeFinancialAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeFinancialAssetsMember_lbl1" xml:lang="en-US" id="bap_DerivativeFinancialAssetsMember_lbl1">Derivative financial assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialAssetsMember" xlink:to="bap_DerivativeFinancialAssetsMember_lbl1" xlink:title="label: DerivativeFinancialAssetsMember to bap_DerivativeFinancialAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativeFinancialAssetsMember" xml:lang="en-US" id="bap_DerivativeFinancialAssetsMember">Derivative Financial Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialAssetsMember" xlink:to="bap_DerivativeFinancialAssetsMember" xlink:title="label: DerivativeFinancialAssetsMember to bap_DerivativeFinancialAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeFinancialLiabilitiesMember" xlink:label="DerivativeFinancialLiabilitiesMember" xlink:title="DerivativeFinancialLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesMember_lbl">This member stands for derivative financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesMember" xlink:to="bap_DerivativeFinancialLiabilitiesMember_lbl" xlink:title="label: DerivativeFinancialLiabilitiesMember to bap_DerivativeFinancialLiabilitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeFinancialLiabilitiesMember_lbl1" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesMember_lbl1">Derivative financial liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesMember" xlink:to="bap_DerivativeFinancialLiabilitiesMember_lbl1" xlink:title="label: DerivativeFinancialLiabilitiesMember to bap_DerivativeFinancialLiabilitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativeFinancialLiabilitiesMember" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesMember">Derivative Financial Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesMember" xlink:to="bap_DerivativeFinancialLiabilitiesMember" xlink:title="label: DerivativeFinancialLiabilitiesMember to bap_DerivativeFinancialLiabilitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsAtFairValueThroughProfitOrLossMember" xlink:label="InvestmentsAtFairValueThroughProfitOrLossMember" xlink:title="InvestmentsAtFairValueThroughProfitOrLossMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl">This member stands for investments at fair value through profit r loss.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughProfitOrLossMember" xlink:to="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl" xlink:title="label: InvestmentsAtFairValueThroughProfitOrLossMember to bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl1" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl1">Investments at fair value through profit or loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughProfitOrLossMember" xlink:to="bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl1" xlink:title="label: InvestmentsAtFairValueThroughProfitOrLossMember to bap_InvestmentsAtFairValueThroughProfitOrLossMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsAtFairValueThroughProfitOrLossMember" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughProfitOrLossMember">Investments at Fair Value through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughProfitOrLossMember" xlink:to="bap_InvestmentsAtFairValueThroughProfitOrLossMember" xlink:title="label: InvestmentsAtFairValueThroughProfitOrLossMember to bap_InvestmentsAtFairValueThroughProfitOrLossMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ForeignCurrencyOptionsMember" xlink:label="ForeignCurrencyOptionsMember" xlink:title="ForeignCurrencyOptionsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyOptionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ForeignCurrencyOptionsMember_lbl" xml:lang="en-US" id="bap_ForeignCurrencyOptionsMember_lbl">This member stands for foreign currency options.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyOptionsMember" xlink:to="bap_ForeignCurrencyOptionsMember_lbl" xlink:title="label: ForeignCurrencyOptionsMember to bap_ForeignCurrencyOptionsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyOptionsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ForeignCurrencyOptionsMember_lbl1" xml:lang="en-US" id="bap_ForeignCurrencyOptionsMember_lbl1">Foreign currency options [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyOptionsMember" xlink:to="bap_ForeignCurrencyOptionsMember_lbl1" xlink:title="label: ForeignCurrencyOptionsMember to bap_ForeignCurrencyOptionsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ForeignCurrencyOptionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ForeignCurrencyOptionsMember" xml:lang="en-US" id="bap_ForeignCurrencyOptionsMember">Foreign Exchange Options [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ForeignCurrencyOptionsMember" xlink:to="bap_ForeignCurrencyOptionsMember" xlink:title="label: ForeignCurrencyOptionsMember to bap_ForeignCurrencyOptionsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquityInstrumentsMember" xlink:label="EquityInstrumentsMember" xlink:title="EquityInstrumentsMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquityInstrumentsMember_lbl" xml:lang="en-US" id="bap_EquityInstrumentsMember_lbl">This member stands for equity instruments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsMember" xlink:to="bap_EquityInstrumentsMember_lbl" xlink:title="label: EquityInstrumentsMember to bap_EquityInstrumentsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInstrumentsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquityInstrumentsMember_lbl1" xml:lang="en-US" id="bap_EquityInstrumentsMember_lbl1">Equity instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsMember" xlink:to="bap_EquityInstrumentsMember_lbl1" xlink:title="label: EquityInstrumentsMember to bap_EquityInstrumentsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquityInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquityInstrumentsMember" xml:lang="en-US" id="bap_EquityInstrumentsMember">Equity Instruments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityInstrumentsMember" xlink:to="bap_EquityInstrumentsMember" xlink:title="label: EquityInstrumentsMember to bap_EquityInstrumentsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:label="FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:title="FinancialAssetsAndLiabilitiesAtFairValueAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract_lbl1">Financial assets and liabilities at fair value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:to="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract_lbl1" xlink:title="label: FinancialAssetsAndLiabilitiesAtFairValueAbstract to bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract" xml:lang="en-US" id="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract">Financial Assets and Liabilities at Fair Value [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:to="bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract" xlink:title="label: FinancialAssetsAndLiabilitiesAtFairValueAbstract to bap_FinancialAssetsAndLiabilitiesAtFairValueAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:label="NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:title="NetUnrealizedGainLossOfLevel3FinancialInstruments" />
    <link:label xlink:type="resource" xlink:label="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl" xml:lang="en-US" id="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl">The amount net unrealized gain (loss) of Level 3 financial instruments during the year.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:to="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl" xlink:title="label: NetUnrealizedGainLossOfLevel3FinancialInstruments to bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl1" xml:lang="en-US" id="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl1">Net unrealized gain (loss) of Level 3 financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:to="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl1" xlink:title="label: NetUnrealizedGainLossOfLevel3FinancialInstruments to bap_NetUnrealizedGainLossOfLevel3FinancialInstruments_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments" xml:lang="en-US" id="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments">Net unrealized gain (loss) of Level 3 financial instruments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:to="bap_NetUnrealizedGainLossOfLevel3FinancialInstruments" xlink:title="label: NetUnrealizedGainLossOfLevel3FinancialInstruments to bap_NetUnrealizedGainLossOfLevel3FinancialInstruments" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NetImpactOfDebitValuationAndCreditValuationAdjustments" xlink:label="NetImpactOfDebitValuationAndCreditValuationAdjustments" xlink:title="NetImpactOfDebitValuationAndCreditValuationAdjustments" />
    <link:label xlink:type="resource" xlink:label="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl" xml:lang="en-US" id="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl">The amount of net impact of debit valuation and credit valuation adjustments during the period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetImpactOfDebitValuationAndCreditValuationAdjustments" xlink:to="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl" xlink:title="label: NetImpactOfDebitValuationAndCreditValuationAdjustments to bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl1" xml:lang="en-US" id="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl1">Net impact of debit valuation and credit valuation adjustments</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetImpactOfDebitValuationAndCreditValuationAdjustments" xlink:to="bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl1" xlink:title="label: NetImpactOfDebitValuationAndCreditValuationAdjustments to bap_NetImpactOfDebitValuationAndCreditValuationAdjustments_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:label="RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:title="RenegotiatedLoansAndAllowancesForLoanLossesMember" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl" xml:lang="en-US" id="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl">Loans for which, due to the pandemic, the SBS and other local regulators have established that certain benefits be granted, and also voluntarily granted to its clients.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:to="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl" xlink:title="label: RenegotiatedLoansAndAllowancesForLoanLossesMember to bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl1" xml:lang="en-US" id="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl1">Renegotiated loans and allowances for loan losses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:to="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl1" xlink:title="label: RenegotiatedLoansAndAllowancesForLoanLossesMember to bap_RenegotiatedLoansAndAllowancesForLoanLossesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember" xml:lang="en-US" id="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember">Renegotiated Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:to="bap_RenegotiatedLoansAndAllowancesForLoanLossesMember" xlink:title="label: RenegotiatedLoansAndAllowancesForLoanLossesMember to bap_RenegotiatedLoansAndAllowancesForLoanLossesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RefinancedLoansAndAllowanceForLoanLossesMember" xlink:label="RefinancedLoansAndAllowanceForLoanLossesMember" xlink:title="RefinancedLoansAndAllowanceForLoanLossesMember" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl" xml:lang="en-US" id="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl">Loans that have undergone modifications in the initial loan agreement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoansAndAllowanceForLoanLossesMember" xlink:to="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl" xlink:title="label: RefinancedLoansAndAllowanceForLoanLossesMember to bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl1" xml:lang="en-US" id="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl1">Refinanced loans and allowance for loan losses [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoansAndAllowanceForLoanLossesMember" xlink:to="bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl1" xlink:title="label: RefinancedLoansAndAllowanceForLoanLossesMember to bap_RefinancedLoansAndAllowanceForLoanLossesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RefinancedLoansAndAllowanceForLoanLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RefinancedLoansAndAllowanceForLoanLossesMember" xml:lang="en-US" id="bap_RefinancedLoansAndAllowanceForLoanLossesMember">Refinanced Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RefinancedLoansAndAllowanceForLoanLossesMember" xlink:to="bap_RefinancedLoansAndAllowanceForLoanLossesMember" xlink:title="label: RefinancedLoansAndAllowanceForLoanLossesMember to bap_RefinancedLoansAndAllowanceForLoanLossesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:label="RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:title="RenegotiatedLoansAndExpectedCreditLossAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansAndExpectedCreditLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RenegotiatedLoansAndExpectedCreditLossAbstract_lbl1" xml:lang="en-US" id="bap_RenegotiatedLoansAndExpectedCreditLossAbstract_lbl1">Renegotiated Loans and Expected Credit Loss [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:to="bap_RenegotiatedLoansAndExpectedCreditLossAbstract_lbl1" xlink:title="label: RenegotiatedLoansAndExpectedCreditLossAbstract to bap_RenegotiatedLoansAndExpectedCreditLossAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RenegotiatedLoansAndExpectedCreditLossAbstract" xml:lang="en-US" id="bap_RenegotiatedLoansAndExpectedCreditLossAbstract">Renegotiated loans and expected credit loss [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:to="bap_RenegotiatedLoansAndExpectedCreditLossAbstract" xlink:title="label: RenegotiatedLoansAndExpectedCreditLossAbstract to bap_RenegotiatedLoansAndExpectedCreditLossAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RenegotiatedLoansDueToCovid" xlink:label="RenegotiatedLoansDueToCovid" xlink:title="RenegotiatedLoansDueToCovid" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansDueToCovid_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RenegotiatedLoansDueToCovid_lbl" xml:lang="en-US" id="bap_RenegotiatedLoansDueToCovid_lbl">Renegotiated loans due to the COVID-19 pandemic are those loans for which, due to the pandemic.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansDueToCovid" xlink:to="bap_RenegotiatedLoansDueToCovid_lbl" xlink:title="label: RenegotiatedLoansDueToCovid to bap_RenegotiatedLoansDueToCovid_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansDueToCovid_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RenegotiatedLoansDueToCovid_lbl1" xml:lang="en-US" id="bap_RenegotiatedLoansDueToCovid_lbl1">Renegotiated Loans Due to Covid</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansDueToCovid" xlink:to="bap_RenegotiatedLoansDueToCovid_lbl1" xlink:title="label: RenegotiatedLoansDueToCovid to bap_RenegotiatedLoansDueToCovid_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RenegotiatedLoansDueToCovid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RenegotiatedLoansDueToCovid" xml:lang="en-US" id="bap_RenegotiatedLoansDueToCovid">Renegotiated loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RenegotiatedLoansDueToCovid" xlink:to="bap_RenegotiatedLoansDueToCovid" xlink:title="label: RenegotiatedLoansDueToCovid to bap_RenegotiatedLoansDueToCovid" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:label="ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:title="ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract_lbl1" xml:lang="en-US" id="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract_lbl1">Classification of loans by type of banking and maturity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:to="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract_lbl1" xlink:title="label: ClassificationOfLoansByTypeOfBankingAndMaturityAbstract to bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xml:lang="en-US" id="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract">Classification of loans by type of banking and maturity [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:to="bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" xlink:title="label: ClassificationOfLoansByTypeOfBankingAndMaturityAbstract to bap_ClassificationOfLoansByTypeOfBankingAndMaturityAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InternalOverdueLoans" xlink:label="InternalOverdueLoans" xlink:title="InternalOverdueLoans" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InternalOverdueLoans_lbl" xml:lang="en-US" id="bap_InternalOverdueLoans_lbl">The amount of internal overdue loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoans" xlink:to="bap_InternalOverdueLoans_lbl" xlink:title="label: InternalOverdueLoans to bap_InternalOverdueLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InternalOverdueLoans_lbl1" xml:lang="en-US" id="bap_InternalOverdueLoans_lbl1">Internal overdue loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoans" xlink:to="bap_InternalOverdueLoans_lbl1" xlink:title="label: InternalOverdueLoans to bap_InternalOverdueLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InternalOverdueLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InternalOverdueLoans" xml:lang="en-US" id="bap_InternalOverdueLoans">Internal overdue loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InternalOverdueLoans" xlink:to="bap_InternalOverdueLoans" xlink:title="label: InternalOverdueLoans to bap_InternalOverdueLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrentLoans" xlink:label="CurrentLoans" xlink:title="CurrentLoans" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CurrentLoans_lbl" xml:lang="en-US" id="bap_CurrentLoans_lbl">The amount of current loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLoans" xlink:to="bap_CurrentLoans_lbl" xlink:title="label: CurrentLoans to bap_CurrentLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrentLoans_lbl1" xml:lang="en-US" id="bap_CurrentLoans_lbl1">Current loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLoans" xlink:to="bap_CurrentLoans_lbl1" xlink:title="label: CurrentLoans to bap_CurrentLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CurrentLoans" xml:lang="en-US" id="bap_CurrentLoans">Current loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentLoans" xlink:to="bap_CurrentLoans" xlink:title="label: CurrentLoans to bap_CurrentLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DelayedLoansButNotInternalOverdueLoans" xlink:label="DelayedLoansButNotInternalOverdueLoans" xlink:title="DelayedLoansButNotInternalOverdueLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedLoansButNotInternalOverdueLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DelayedLoansButNotInternalOverdueLoans_lbl" xml:lang="en-US" id="bap_DelayedLoansButNotInternalOverdueLoans_lbl">The amount of one or more delayed loans but not internal overdue loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedLoansButNotInternalOverdueLoans" xlink:to="bap_DelayedLoansButNotInternalOverdueLoans_lbl" xlink:title="label: DelayedLoansButNotInternalOverdueLoans to bap_DelayedLoansButNotInternalOverdueLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedLoansButNotInternalOverdueLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DelayedLoansButNotInternalOverdueLoans_lbl1" xml:lang="en-US" id="bap_DelayedLoansButNotInternalOverdueLoans_lbl1">Delayed loans but not internal overdue loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedLoansButNotInternalOverdueLoans" xlink:to="bap_DelayedLoansButNotInternalOverdueLoans_lbl1" xlink:title="label: DelayedLoansButNotInternalOverdueLoans to bap_DelayedLoansButNotInternalOverdueLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedLoansButNotInternalOverdueLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DelayedLoansButNotInternalOverdueLoans" xml:lang="en-US" id="bap_DelayedLoansButNotInternalOverdueLoans">Loans with delay in payments of one day or more but not internal overdue loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedLoansButNotInternalOverdueLoans" xlink:to="bap_DelayedLoansButNotInternalOverdueLoans" xlink:title="label: DelayedLoansButNotInternalOverdueLoans to bap_DelayedLoansButNotInternalOverdueLoans" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedLoansButNotInternalOverdueLoans_lbl2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DelayedLoansButNotInternalOverdueLoans_lbl2" xml:lang="en-US" id="bap_DelayedLoansButNotInternalOverdueLoans_lbl2">Loans with delay in payments of one day or more but not internal overdue loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedLoansButNotInternalOverdueLoans" xlink:to="bap_DelayedLoansButNotInternalOverdueLoans_lbl2" xlink:title="label: DelayedLoansButNotInternalOverdueLoans to bap_DelayedLoansButNotInternalOverdueLoans_lbl2" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrentButImpairedLoans" xlink:label="CurrentButImpairedLoans" xlink:title="CurrentButImpairedLoans" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentButImpairedLoans_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CurrentButImpairedLoans_lbl" xml:lang="en-US" id="bap_CurrentButImpairedLoans_lbl">The amount of loans which is current but those loans are impaired.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentButImpairedLoans" xlink:to="bap_CurrentButImpairedLoans_lbl" xlink:title="label: CurrentButImpairedLoans to bap_CurrentButImpairedLoans_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentButImpairedLoans_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrentButImpairedLoans_lbl1" xml:lang="en-US" id="bap_CurrentButImpairedLoans_lbl1">Current but impaired loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentButImpairedLoans" xlink:to="bap_CurrentButImpairedLoans_lbl1" xlink:title="label: CurrentButImpairedLoans to bap_CurrentButImpairedLoans_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrentButImpairedLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CurrentButImpairedLoans" xml:lang="en-US" id="bap_CurrentButImpairedLoans">Current but impaired loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentButImpairedLoans" xlink:to="bap_CurrentButImpairedLoans" xlink:title="label: CurrentButImpairedLoans to bap_CurrentButImpairedLoans" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable" xlink:label="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable" xlink:title="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl">Schedule disclosing of detailed information about assets and liabilities by currencies at the free market exchange rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl1">Disclosure of detailed information about assets and liabilities by currencies at the free market exchange rates [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt5InPesoChileanMember" xlink:label="RevaluationAt5InPesoChileanMember" xlink:title="RevaluationAt5InPesoChileanMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoChileanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt5InPesoChileanMember_lbl" xml:lang="en-US" id="bap_RevaluationAt5InPesoChileanMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoChileanMember" xlink:to="bap_RevaluationAt5InPesoChileanMember_lbl" xlink:title="label: RevaluationAt5InPesoChileanMember to bap_RevaluationAt5InPesoChileanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoChileanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt5InPesoChileanMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt5InPesoChileanMember_lbl1">Revaluation at 5 in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoChileanMember" xlink:to="bap_RevaluationAt5InPesoChileanMember_lbl1" xlink:title="label: RevaluationAt5InPesoChileanMember to bap_RevaluationAt5InPesoChileanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoChileanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt5InPesoChileanMember" xml:lang="en-US" id="bap_RevaluationAt5InPesoChileanMember">Revaluation at 5% in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoChileanMember" xlink:to="bap_RevaluationAt5InPesoChileanMember" xlink:title="label: RevaluationAt5InPesoChileanMember to bap_RevaluationAt5InPesoChileanMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt5InUSDollarMember" xlink:label="RevaluationAt5InUSDollarMember" xlink:title="RevaluationAt5InUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InUSDollarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt5InUSDollarMember_lbl" xml:lang="en-US" id="bap_RevaluationAt5InUSDollarMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InUSDollarMember" xlink:to="bap_RevaluationAt5InUSDollarMember_lbl" xlink:title="label: RevaluationAt5InUSDollarMember to bap_RevaluationAt5InUSDollarMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InUSDollarMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt5InUSDollarMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt5InUSDollarMember_lbl1">Revaluation at 5 in U.S. dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InUSDollarMember" xlink:to="bap_RevaluationAt5InUSDollarMember_lbl1" xlink:title="label: RevaluationAt5InUSDollarMember to bap_RevaluationAt5InUSDollarMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InUSDollarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt5InUSDollarMember" xml:lang="en-US" id="bap_RevaluationAt5InUSDollarMember">Revaluation at 5% in US Dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InUSDollarMember" xlink:to="bap_RevaluationAt5InUSDollarMember" xlink:title="label: RevaluationAt5InUSDollarMember to bap_RevaluationAt5InUSDollarMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt10InUSDollarMember" xlink:label="RevaluationAt10InUSDollarMember" xlink:title="RevaluationAt10InUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InUSDollarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt10InUSDollarMember_lbl" xml:lang="en-US" id="bap_RevaluationAt10InUSDollarMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InUSDollarMember" xlink:to="bap_RevaluationAt10InUSDollarMember_lbl" xlink:title="label: RevaluationAt10InUSDollarMember to bap_RevaluationAt10InUSDollarMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InUSDollarMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt10InUSDollarMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt10InUSDollarMember_lbl1">Revaluation at 10 in U.S. dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InUSDollarMember" xlink:to="bap_RevaluationAt10InUSDollarMember_lbl1" xlink:title="label: RevaluationAt10InUSDollarMember to bap_RevaluationAt10InUSDollarMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InUSDollarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt10InUSDollarMember" xml:lang="en-US" id="bap_RevaluationAt10InUSDollarMember">Revaluation at 10% in US Dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InUSDollarMember" xlink:to="bap_RevaluationAt10InUSDollarMember" xlink:title="label: RevaluationAt10InUSDollarMember to bap_RevaluationAt10InUSDollarMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt5InPesoColombianMember" xlink:label="DevaluationAt5InPesoColombianMember" xlink:title="DevaluationAt5InPesoColombianMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoColombianMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt5InPesoColombianMember_lbl" xml:lang="en-US" id="bap_DevaluationAt5InPesoColombianMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoColombianMember" xlink:to="bap_DevaluationAt5InPesoColombianMember_lbl" xlink:title="label: DevaluationAt5InPesoColombianMember to bap_DevaluationAt5InPesoColombianMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoColombianMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt5InPesoColombianMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt5InPesoColombianMember_lbl1">Devaluation at 5 in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoColombianMember" xlink:to="bap_DevaluationAt5InPesoColombianMember_lbl1" xlink:title="label: DevaluationAt5InPesoColombianMember to bap_DevaluationAt5InPesoColombianMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoColombianMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt5InPesoColombianMember" xml:lang="en-US" id="bap_DevaluationAt5InPesoColombianMember">Devaluation at 5% in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoColombianMember" xlink:to="bap_DevaluationAt5InPesoColombianMember" xlink:title="label: DevaluationAt5InPesoColombianMember to bap_DevaluationAt5InPesoColombianMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt5InBolivianoMember" xlink:label="DevaluationAt5InBolivianoMember" xlink:title="DevaluationAt5InBolivianoMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InBolivianoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt5InBolivianoMember_lbl" xml:lang="en-US" id="bap_DevaluationAt5InBolivianoMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InBolivianoMember" xlink:to="bap_DevaluationAt5InBolivianoMember_lbl" xlink:title="label: DevaluationAt5InBolivianoMember to bap_DevaluationAt5InBolivianoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InBolivianoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt5InBolivianoMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt5InBolivianoMember_lbl1">Devaluation at 5 in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InBolivianoMember" xlink:to="bap_DevaluationAt5InBolivianoMember_lbl1" xlink:title="label: DevaluationAt5InBolivianoMember to bap_DevaluationAt5InBolivianoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InBolivianoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt5InBolivianoMember" xml:lang="en-US" id="bap_DevaluationAt5InBolivianoMember">Devaluation at 5% in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InBolivianoMember" xlink:to="bap_DevaluationAt5InBolivianoMember" xlink:title="label: DevaluationAt5InBolivianoMember to bap_DevaluationAt5InBolivianoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt10InPesoColombianMember" xlink:label="DevaluationAt10InPesoColombianMember" xlink:title="DevaluationAt10InPesoColombianMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoColombianMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt10InPesoColombianMember_lbl" xml:lang="en-US" id="bap_DevaluationAt10InPesoColombianMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoColombianMember" xlink:to="bap_DevaluationAt10InPesoColombianMember_lbl" xlink:title="label: DevaluationAt10InPesoColombianMember to bap_DevaluationAt10InPesoColombianMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoColombianMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt10InPesoColombianMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt10InPesoColombianMember_lbl1">Devaluation at 10 in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoColombianMember" xlink:to="bap_DevaluationAt10InPesoColombianMember_lbl1" xlink:title="label: DevaluationAt10InPesoColombianMember to bap_DevaluationAt10InPesoColombianMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoColombianMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt10InPesoColombianMember" xml:lang="en-US" id="bap_DevaluationAt10InPesoColombianMember">Devaluation at 10% in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoColombianMember" xlink:to="bap_DevaluationAt10InPesoColombianMember" xlink:title="label: DevaluationAt10InPesoColombianMember to bap_DevaluationAt10InPesoColombianMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt5InUSDollarMember" xlink:label="DevaluationAt5InUSDollarMember" xlink:title="DevaluationAt5InUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InUSDollarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt5InUSDollarMember_lbl" xml:lang="en-US" id="bap_DevaluationAt5InUSDollarMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InUSDollarMember" xlink:to="bap_DevaluationAt5InUSDollarMember_lbl" xlink:title="label: DevaluationAt5InUSDollarMember to bap_DevaluationAt5InUSDollarMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InUSDollarMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt5InUSDollarMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt5InUSDollarMember_lbl1">Devaluation at 5 in U.S. dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InUSDollarMember" xlink:to="bap_DevaluationAt5InUSDollarMember_lbl1" xlink:title="label: DevaluationAt5InUSDollarMember to bap_DevaluationAt5InUSDollarMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InUSDollarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt5InUSDollarMember" xml:lang="en-US" id="bap_DevaluationAt5InUSDollarMember">Devaluation at 5% in US Dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InUSDollarMember" xlink:to="bap_DevaluationAt5InUSDollarMember" xlink:title="label: DevaluationAt5InUSDollarMember to bap_DevaluationAt5InUSDollarMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt10InPesoChileanMember" xlink:label="DevaluationAt10InPesoChileanMember" xlink:title="DevaluationAt10InPesoChileanMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoChileanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt10InPesoChileanMember_lbl" xml:lang="en-US" id="bap_DevaluationAt10InPesoChileanMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoChileanMember" xlink:to="bap_DevaluationAt10InPesoChileanMember_lbl" xlink:title="label: DevaluationAt10InPesoChileanMember to bap_DevaluationAt10InPesoChileanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoChileanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt10InPesoChileanMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt10InPesoChileanMember_lbl1">Devaluation at 10 in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoChileanMember" xlink:to="bap_DevaluationAt10InPesoChileanMember_lbl1" xlink:title="label: DevaluationAt10InPesoChileanMember to bap_DevaluationAt10InPesoChileanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InPesoChileanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt10InPesoChileanMember" xml:lang="en-US" id="bap_DevaluationAt10InPesoChileanMember">Devaluation at 10% in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InPesoChileanMember" xlink:to="bap_DevaluationAt10InPesoChileanMember" xlink:title="label: DevaluationAt10InPesoChileanMember to bap_DevaluationAt10InPesoChileanMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt10InPesoChileanMember" xlink:label="RevaluationAt10InPesoChileanMember" xlink:title="RevaluationAt10InPesoChileanMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoChileanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt10InPesoChileanMember_lbl" xml:lang="en-US" id="bap_RevaluationAt10InPesoChileanMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoChileanMember" xlink:to="bap_RevaluationAt10InPesoChileanMember_lbl" xlink:title="label: RevaluationAt10InPesoChileanMember to bap_RevaluationAt10InPesoChileanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoChileanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt10InPesoChileanMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt10InPesoChileanMember_lbl1">Revaluation at 10 in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoChileanMember" xlink:to="bap_RevaluationAt10InPesoChileanMember_lbl1" xlink:title="label: RevaluationAt10InPesoChileanMember to bap_RevaluationAt10InPesoChileanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoChileanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt10InPesoChileanMember" xml:lang="en-US" id="bap_RevaluationAt10InPesoChileanMember">Revaluation at 10% in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoChileanMember" xlink:to="bap_RevaluationAt10InPesoChileanMember" xlink:title="label: RevaluationAt10InPesoChileanMember to bap_RevaluationAt10InPesoChileanMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt5InPesoColombianMember" xlink:label="RevaluationAt5InPesoColombianMember" xlink:title="RevaluationAt5InPesoColombianMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoColombianMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt5InPesoColombianMember_lbl" xml:lang="en-US" id="bap_RevaluationAt5InPesoColombianMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoColombianMember" xlink:to="bap_RevaluationAt5InPesoColombianMember_lbl" xlink:title="label: RevaluationAt5InPesoColombianMember to bap_RevaluationAt5InPesoColombianMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoColombianMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt5InPesoColombianMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt5InPesoColombianMember_lbl1">Revaluation at 5 in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoColombianMember" xlink:to="bap_RevaluationAt5InPesoColombianMember_lbl1" xlink:title="label: RevaluationAt5InPesoColombianMember to bap_RevaluationAt5InPesoColombianMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InPesoColombianMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt5InPesoColombianMember" xml:lang="en-US" id="bap_RevaluationAt5InPesoColombianMember">Revaluation at 5% in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InPesoColombianMember" xlink:to="bap_RevaluationAt5InPesoColombianMember" xlink:title="label: RevaluationAt5InPesoColombianMember to bap_RevaluationAt5InPesoColombianMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt10InUSDollarMember" xlink:label="DevaluationAt10InUSDollarMember" xlink:title="DevaluationAt10InUSDollarMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InUSDollarMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt10InUSDollarMember_lbl" xml:lang="en-US" id="bap_DevaluationAt10InUSDollarMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InUSDollarMember" xlink:to="bap_DevaluationAt10InUSDollarMember_lbl" xlink:title="label: DevaluationAt10InUSDollarMember to bap_DevaluationAt10InUSDollarMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InUSDollarMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt10InUSDollarMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt10InUSDollarMember_lbl1">Devaluation at 10 in U.S. dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InUSDollarMember" xlink:to="bap_DevaluationAt10InUSDollarMember_lbl1" xlink:title="label: DevaluationAt10InUSDollarMember to bap_DevaluationAt10InUSDollarMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InUSDollarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt10InUSDollarMember" xml:lang="en-US" id="bap_DevaluationAt10InUSDollarMember">Devaluation at 10% in US Dollar [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InUSDollarMember" xlink:to="bap_DevaluationAt10InUSDollarMember" xlink:title="label: DevaluationAt10InUSDollarMember to bap_DevaluationAt10InUSDollarMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt5InBolivianoMember" xlink:label="RevaluationAt5InBolivianoMember" xlink:title="RevaluationAt5InBolivianoMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InBolivianoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt5InBolivianoMember_lbl" xml:lang="en-US" id="bap_RevaluationAt5InBolivianoMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InBolivianoMember" xlink:to="bap_RevaluationAt5InBolivianoMember_lbl" xlink:title="label: RevaluationAt5InBolivianoMember to bap_RevaluationAt5InBolivianoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InBolivianoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt5InBolivianoMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt5InBolivianoMember_lbl1">Revaluation at 5 in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InBolivianoMember" xlink:to="bap_RevaluationAt5InBolivianoMember_lbl1" xlink:title="label: RevaluationAt5InBolivianoMember to bap_RevaluationAt5InBolivianoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt5InBolivianoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt5InBolivianoMember" xml:lang="en-US" id="bap_RevaluationAt5InBolivianoMember">Revaluation at 5% in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt5InBolivianoMember" xlink:to="bap_RevaluationAt5InBolivianoMember" xlink:title="label: RevaluationAt5InBolivianoMember to bap_RevaluationAt5InBolivianoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt5InPesoChileanMember" xlink:label="DevaluationAt5InPesoChileanMember" xlink:title="DevaluationAt5InPesoChileanMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoChileanMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt5InPesoChileanMember_lbl" xml:lang="en-US" id="bap_DevaluationAt5InPesoChileanMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoChileanMember" xlink:to="bap_DevaluationAt5InPesoChileanMember_lbl" xlink:title="label: DevaluationAt5InPesoChileanMember to bap_DevaluationAt5InPesoChileanMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoChileanMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt5InPesoChileanMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt5InPesoChileanMember_lbl1">Devaluation at 5 in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoChileanMember" xlink:to="bap_DevaluationAt5InPesoChileanMember_lbl1" xlink:title="label: DevaluationAt5InPesoChileanMember to bap_DevaluationAt5InPesoChileanMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt5InPesoChileanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt5InPesoChileanMember" xml:lang="en-US" id="bap_DevaluationAt5InPesoChileanMember">Devaluation at 5% in Peso Chilean [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt5InPesoChileanMember" xlink:to="bap_DevaluationAt5InPesoChileanMember" xlink:title="label: DevaluationAt5InPesoChileanMember to bap_DevaluationAt5InPesoChileanMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt10InPesoColombianMember" xlink:label="RevaluationAt10InPesoColombianMember" xlink:title="RevaluationAt10InPesoColombianMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoColombianMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt10InPesoColombianMember_lbl" xml:lang="en-US" id="bap_RevaluationAt10InPesoColombianMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoColombianMember" xlink:to="bap_RevaluationAt10InPesoColombianMember_lbl" xlink:title="label: RevaluationAt10InPesoColombianMember to bap_RevaluationAt10InPesoColombianMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoColombianMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt10InPesoColombianMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt10InPesoColombianMember_lbl1">Revaluation at 10 in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoColombianMember" xlink:to="bap_RevaluationAt10InPesoColombianMember_lbl1" xlink:title="label: RevaluationAt10InPesoColombianMember to bap_RevaluationAt10InPesoColombianMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InPesoColombianMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt10InPesoColombianMember" xml:lang="en-US" id="bap_RevaluationAt10InPesoColombianMember">Revaluation at 10% in Peso Colombian [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InPesoColombianMember" xlink:to="bap_RevaluationAt10InPesoColombianMember" xlink:title="label: RevaluationAt10InPesoColombianMember to bap_RevaluationAt10InPesoColombianMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RevaluationAt10InBolivianoMember" xlink:label="RevaluationAt10InBolivianoMember" xlink:title="RevaluationAt10InBolivianoMember" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InBolivianoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RevaluationAt10InBolivianoMember_lbl" xml:lang="en-US" id="bap_RevaluationAt10InBolivianoMember_lbl">This member stands for appreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InBolivianoMember" xlink:to="bap_RevaluationAt10InBolivianoMember_lbl" xlink:title="label: RevaluationAt10InBolivianoMember to bap_RevaluationAt10InBolivianoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InBolivianoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RevaluationAt10InBolivianoMember_lbl1" xml:lang="en-US" id="bap_RevaluationAt10InBolivianoMember_lbl1">Revaluation at 10 in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InBolivianoMember" xlink:to="bap_RevaluationAt10InBolivianoMember_lbl1" xlink:title="label: RevaluationAt10InBolivianoMember to bap_RevaluationAt10InBolivianoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RevaluationAt10InBolivianoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RevaluationAt10InBolivianoMember" xml:lang="en-US" id="bap_RevaluationAt10InBolivianoMember">Revaluation at 10% in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevaluationAt10InBolivianoMember" xlink:to="bap_RevaluationAt10InBolivianoMember" xlink:title="label: RevaluationAt10InBolivianoMember to bap_RevaluationAt10InBolivianoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems" xlink:label="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems" xlink:title="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl">Line items represent detailed information about assets and liabilities by currencies at the free market exchange rates.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl1">Disclosure of detailed information about assets and liabilities by currencies at the free market exchange rates [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtTheFreeMarketExchangeRatesLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CurrencyRateSensibilityAbstract" xlink:label="CurrencyRateSensibilityAbstract" xlink:title="CurrencyRateSensibilityAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyRateSensibilityAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CurrencyRateSensibilityAbstract_lbl1" xml:lang="en-US" id="bap_CurrencyRateSensibilityAbstract_lbl1">Currency rate sensibility [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyRateSensibilityAbstract" xlink:to="bap_CurrencyRateSensibilityAbstract_lbl1" xlink:title="label: CurrencyRateSensibilityAbstract to bap_CurrencyRateSensibilityAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CurrencyRateSensibilityAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CurrencyRateSensibilityAbstract" xml:lang="en-US" id="bap_CurrencyRateSensibilityAbstract">Currency rate sensibility [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrencyRateSensibilityAbstract" xlink:to="bap_CurrencyRateSensibilityAbstract" xlink:title="label: CurrencyRateSensibilityAbstract to bap_CurrencyRateSensibilityAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:label="SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:title="SensitivityAnalysisChangeInOtherComprehensiveIncome" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl">The amount of change in other comprehensive income due to percent change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:to="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl" xlink:title="label: SensitivityAnalysisChangeInOtherComprehensiveIncome to bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl1">Sensitivity analysis, change in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:to="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl1" xlink:title="label: SensitivityAnalysisChangeInOtherComprehensiveIncome to bap_SensitivityAnalysisChangeInOtherComprehensiveIncome_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome">Sensitivity analysis, change in other comprehensive income</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:to="bap_SensitivityAnalysisChangeInOtherComprehensiveIncome" xlink:title="label: SensitivityAnalysisChangeInOtherComprehensiveIncome to bap_SensitivityAnalysisChangeInOtherComprehensiveIncome" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisChangeInConsolidatedResults" xlink:label="SensitivityAnalysisChangeInConsolidatedResults" xlink:title="SensitivityAnalysisChangeInConsolidatedResults" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl">The amount of change in consolidated results due to percent change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInConsolidatedResults" xlink:to="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl" xlink:title="label: SensitivityAnalysisChangeInConsolidatedResults to bap_SensitivityAnalysisChangeInConsolidatedResults_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl1">Sensitivity analysis, change in consolidated results</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInConsolidatedResults" xlink:to="bap_SensitivityAnalysisChangeInConsolidatedResults_lbl1" xlink:title="label: SensitivityAnalysisChangeInConsolidatedResults to bap_SensitivityAnalysisChangeInConsolidatedResults_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisChangeInConsolidatedResults" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisChangeInConsolidatedResults" xml:lang="en-US" id="bap_SensitivityAnalysisChangeInConsolidatedResults">Sensitivity analysis, change in consolidated results</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisChangeInConsolidatedResults" xlink:to="bap_SensitivityAnalysisChangeInConsolidatedResults" xlink:title="label: SensitivityAnalysisChangeInConsolidatedResults to bap_SensitivityAnalysisChangeInConsolidatedResults" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SensitivityAnalysisPercentChangeInCurrency" xlink:label="SensitivityAnalysisPercentChangeInCurrency" xlink:title="SensitivityAnalysisPercentChangeInCurrency" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentChangeInCurrency_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SensitivityAnalysisPercentChangeInCurrency_lbl" xml:lang="en-US" id="bap_SensitivityAnalysisPercentChangeInCurrency_lbl">The reasonably possible percentage change in currency used to calculate the movement in non-trading monetary assets and liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentChangeInCurrency" xlink:to="bap_SensitivityAnalysisPercentChangeInCurrency_lbl" xlink:title="label: SensitivityAnalysisPercentChangeInCurrency to bap_SensitivityAnalysisPercentChangeInCurrency_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentChangeInCurrency_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SensitivityAnalysisPercentChangeInCurrency_lbl1" xml:lang="en-US" id="bap_SensitivityAnalysisPercentChangeInCurrency_lbl1">Sensitivity analysis, percent change in currency</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentChangeInCurrency" xlink:to="bap_SensitivityAnalysisPercentChangeInCurrency_lbl1" xlink:title="label: SensitivityAnalysisPercentChangeInCurrency to bap_SensitivityAnalysisPercentChangeInCurrency_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SensitivityAnalysisPercentChangeInCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SensitivityAnalysisPercentChangeInCurrency" xml:lang="en-US" id="bap_SensitivityAnalysisPercentChangeInCurrency">Sensitivity analysis, change in currency rates</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SensitivityAnalysisPercentChangeInCurrency" xlink:to="bap_SensitivityAnalysisPercentChangeInCurrency" xlink:title="label: SensitivityAnalysisPercentChangeInCurrency to bap_SensitivityAnalysisPercentChangeInCurrency" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DevaluationAt10InBolivianoMember" xlink:label="DevaluationAt10InBolivianoMember" xlink:title="DevaluationAt10InBolivianoMember" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InBolivianoMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DevaluationAt10InBolivianoMember_lbl" xml:lang="en-US" id="bap_DevaluationAt10InBolivianoMember_lbl">This member stands for depreciation of change in currency.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InBolivianoMember" xlink:to="bap_DevaluationAt10InBolivianoMember_lbl" xlink:title="label: DevaluationAt10InBolivianoMember to bap_DevaluationAt10InBolivianoMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InBolivianoMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DevaluationAt10InBolivianoMember_lbl1" xml:lang="en-US" id="bap_DevaluationAt10InBolivianoMember_lbl1">Devaluation at 10 in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InBolivianoMember" xlink:to="bap_DevaluationAt10InBolivianoMember_lbl1" xlink:title="label: DevaluationAt10InBolivianoMember to bap_DevaluationAt10InBolivianoMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DevaluationAt10InBolivianoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DevaluationAt10InBolivianoMember" xml:lang="en-US" id="bap_DevaluationAt10InBolivianoMember">Devaluation at 10% in Boliviano [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DevaluationAt10InBolivianoMember" xlink:to="bap_DevaluationAt10InBolivianoMember" xlink:title="label: DevaluationAt10InBolivianoMember to bap_DevaluationAt10InBolivianoMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherInEuropeMember" xlink:label="OtherInEuropeMember" xlink:title="OtherInEuropeMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInEuropeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherInEuropeMember_lbl" xml:lang="en-US" id="bap_OtherInEuropeMember_lbl">This member stands for other Europe country.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInEuropeMember" xlink:to="bap_OtherInEuropeMember_lbl" xlink:title="label: OtherInEuropeMember to bap_OtherInEuropeMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInEuropeMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherInEuropeMember_lbl1" xml:lang="en-US" id="bap_OtherInEuropeMember_lbl1">Other In Europe [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInEuropeMember" xlink:to="bap_OtherInEuropeMember_lbl1" xlink:title="label: OtherInEuropeMember to bap_OtherInEuropeMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherInEuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherInEuropeMember" xml:lang="en-US" id="bap_OtherInEuropeMember">Other in Europe [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherInEuropeMember" xlink:to="bap_OtherInEuropeMember" xlink:title="label: OtherInEuropeMember to bap_OtherInEuropeMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:label="ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:title="ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract_lbl1" xml:lang="en-US" id="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract_lbl1">Concentration of financial instruments exposed to credit risk [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:to="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract_lbl1" xlink:title="label: ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract to bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xml:lang="en-US" id="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract">Financial Instruments with Exposure to Credit Risk [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:to="bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" xlink:title="label: ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract to bap_ConcentrationOfFinancialInstrumentsExposedToCreditRiskAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CapitalManagementAbstract" xlink:label="CapitalManagementAbstract" xlink:title="CapitalManagementAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CapitalManagementAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CapitalManagementAbstract_lbl1" xml:lang="en-US" id="bap_CapitalManagementAbstract_lbl1">Capital management [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CapitalManagementAbstract" xlink:to="bap_CapitalManagementAbstract_lbl1" xlink:title="label: CapitalManagementAbstract to bap_CapitalManagementAbstract_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired" xlink:label="RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired" xlink:title="RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired" />
    <link:label xlink:type="resource" xlink:label="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl" xml:lang="en-US" id="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl">The amount of regulatory capital exceeds the minimum regulatory capital required.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired" xlink:to="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl" xlink:title="label: RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired to bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl1" xml:lang="en-US" id="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl1">Regulatory capital exceeds minimum regulatory capital required</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired" xlink:to="bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl1" xlink:title="label: RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired to bap_RegulatoryCapitalExceedsMinimumRegulatoryCapitalRequired_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RegulatoryCapitalRequirement" xlink:label="RegulatoryCapitalRequirement" xlink:title="RegulatoryCapitalRequirement" />
    <link:label xlink:type="resource" xlink:label="bap_RegulatoryCapitalRequirement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RegulatoryCapitalRequirement_lbl" xml:lang="en-US" id="bap_RegulatoryCapitalRequirement_lbl">The amount of capital requirement necessiated to be maintained as per regulatory authority.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RegulatoryCapitalRequirement" xlink:to="bap_RegulatoryCapitalRequirement_lbl" xlink:title="label: RegulatoryCapitalRequirement to bap_RegulatoryCapitalRequirement_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RegulatoryCapitalRequirement_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RegulatoryCapitalRequirement_lbl1" xml:lang="en-US" id="bap_RegulatoryCapitalRequirement_lbl1">Regulatory capital requirement</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RegulatoryCapitalRequirement" xlink:to="bap_RegulatoryCapitalRequirement_lbl1" xlink:title="label: RegulatoryCapitalRequirement to bap_RegulatoryCapitalRequirement_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:label="DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:title="DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract_lbl1" xml:lang="en-US" id="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract_lbl1">Delayed Payment From First Day And Internal Overdue Loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:to="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract_lbl1" xlink:title="label: DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract to bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xml:lang="en-US" id="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract">Delayed payment from first day and internal overdue loans [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:to="bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" xlink:title="label: DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract to bap_DelayedPaymentFromFirstDayAndInternalOverdueLoansAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PastDueLoanUnderScopeOfIfrs7" xlink:label="PastDueLoanUnderScopeOfIfrs7" xlink:title="PastDueLoanUnderScopeOfIfrs7" />
    <link:label xlink:type="resource" xlink:label="bap_PastDueLoanUnderScopeOfIfrs7_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PastDueLoanUnderScopeOfIfrs7_lbl" xml:lang="en-US" id="bap_PastDueLoanUnderScopeOfIfrs7_lbl">The amount of total past due loan which is in the scope of IFRS 7 class.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PastDueLoanUnderScopeOfIfrs7" xlink:to="bap_PastDueLoanUnderScopeOfIfrs7_lbl" xlink:title="label: PastDueLoanUnderScopeOfIfrs7 to bap_PastDueLoanUnderScopeOfIfrs7_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PastDueLoanUnderScopeOfIfrs7_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PastDueLoanUnderScopeOfIfrs7_lbl1" xml:lang="en-US" id="bap_PastDueLoanUnderScopeOfIfrs7_lbl1">Past due loan under scope of IFRS 7</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PastDueLoanUnderScopeOfIfrs7" xlink:to="bap_PastDueLoanUnderScopeOfIfrs7_lbl1" xlink:title="label: PastDueLoanUnderScopeOfIfrs7 to bap_PastDueLoanUnderScopeOfIfrs7_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PastDueLoanUnderScopeOfIfrs7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_PastDueLoanUnderScopeOfIfrs7" xml:lang="en-US" id="bap_PastDueLoanUnderScopeOfIfrs7">Total past due under IFRS 7</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PastDueLoanUnderScopeOfIfrs7" xlink:to="bap_PastDueLoanUnderScopeOfIfrs7" xlink:title="label: PastDueLoanUnderScopeOfIfrs7 to bap_PastDueLoanUnderScopeOfIfrs7" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl">The disclosure of detailed information about cash flows associated with the remaining contractual maturities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl1">Disclosure of detailed information about cash flows associated with the remaining contractual maturities [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock">Cash Flows Associated with Remaining Contractual Maturities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock to bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:label="DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:title="DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl">Tabular disclosure of carrying amount of allowance for direct and indirect loan losses and its estimation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:to="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl" xlink:title="label: DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock to bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl1">Disclosure And Detailed Information About Carrying Amount Of Allowance For Direct And Indirect Loan Losses And Its Estimations [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:to="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl1" xlink:title="label: DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock to bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xml:lang="en-US" id="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock">Carrying Amount of Allowances for Direct and Indirect Loans Losses and its Estimation</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:to="bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" xlink:title="label: DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock to bap_DisclosureAndDetailedInformationAboutCarryingAmountOfAllowanceForDirectAndIndirectLoanLossesAndItsEstimationsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:label="FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:title="FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US" id="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl">The disclosure of financial position of fair value hierarchy categorized.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:to="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl" xlink:title="label: FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock to bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl1" xml:lang="en-US" id="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl1">Fair value hierarchy categorized financial instruments [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:to="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl1" xlink:title="label: FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock to bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xml:lang="en-US" id="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock">Analysis of Financial Instruments Measured at Fair Value by Level in Fair Value Hierarchy</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:to="bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" xlink:title="label: FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock to bap_FairValueHierarchyCategorizedFinancialInstrumentsTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MarketPriceChangeRiskMember" xlink:label="MarketPriceChangeRiskMember" xlink:title="MarketPriceChangeRiskMember" />
    <link:label xlink:type="resource" xlink:label="bap_MarketPriceChangeRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MarketPriceChangeRiskMember_lbl" xml:lang="en-US" id="bap_MarketPriceChangeRiskMember_lbl">The member represents market price change risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceChangeRiskMember" xlink:to="bap_MarketPriceChangeRiskMember_lbl" xlink:title="label: MarketPriceChangeRiskMember to bap_MarketPriceChangeRiskMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MarketPriceChangeRiskMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MarketPriceChangeRiskMember_lbl1" xml:lang="en-US" id="bap_MarketPriceChangeRiskMember_lbl1">Market Price Change Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceChangeRiskMember" xlink:to="bap_MarketPriceChangeRiskMember_lbl1" xlink:title="label: MarketPriceChangeRiskMember to bap_MarketPriceChangeRiskMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MarketPriceChangeRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MarketPriceChangeRiskMember" xml:lang="en-US" id="bap_MarketPriceChangeRiskMember">Market Price Change Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarketPriceChangeRiskMember" xlink:to="bap_MarketPriceChangeRiskMember" xlink:title="label: MarketPriceChangeRiskMember to bap_MarketPriceChangeRiskMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:label="ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:title="ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl" xml:lang="en-US" id="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl">The disclosure of impaired loans, past due loans classified as net of the allowance for loan losses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:to="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl" xlink:title="label: ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock to bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl1" xml:lang="en-US" id="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl1">Impaired loans, past due loans classified as net of the allowance for loan losses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:to="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl1" xlink:title="label: ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock to bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xml:lang="en-US" id="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock">Direct Credits (Without Interest) Classification into Groups and Allowance for each Types of Loans</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:to="bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" xlink:title="label: ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock to bap_ImpairedLoansPastDueLoansClassifiedAsNetOfAllowanceForLoanLossesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:label="DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:title="DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl" xml:lang="en-US" id="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl">The disclosure of financial assets that are either over due or impaired.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:to="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl" xlink:title="label: DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired to bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl1" xml:lang="en-US" id="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl1">Disclosure of financial assets that are either over due loans or impaired</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:to="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl1" xlink:title="label: DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired to bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xml:lang="en-US" id="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired">Overdue Loans under IFRS 7</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:to="bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" xlink:title="label: DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired to bap_DisclosureOfFinancialAssetsThatAreEitherOverDueLoansOrImpaired" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl">The disclosure of detailed information about potential net reduction in income due to market price sensitivity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl1">Disclosure of detailed information about assets and liabilities by currencies [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock">Information about Assets and Liabilities by Currencies</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:label="ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:title="ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl" xml:lang="en-US" id="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl">The disclosure of financial instruments are not measured at fair value hierarchy.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:to="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl" xlink:title="label: ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock to bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl1" xml:lang="en-US" id="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl1">The comparison of financial instruments are not measured at fair value hierarchy [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:to="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl1" xlink:title="label: ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock to bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xml:lang="en-US" id="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock">Carrying Amounts and Fair Values of Financial Instruments which are not Measured at Fair Value</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:to="bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" xlink:title="label: ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock to bap_ComparisonOfFinancialInstrumentsAreNotMeasuredAtFairValueHierarchyTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:label="FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:title="FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl" xml:lang="en-US" id="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl">The disclosure of financial assets administration off the balance sheet.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:to="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl" xlink:title="label: FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock to bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl1" xml:lang="en-US" id="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl1">Financial assets administration off the balance sheet [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:to="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl1" xlink:title="label: FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock to bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xml:lang="en-US" id="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock">Value of Net Assets under Administration of Balance Sheet</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:to="bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" xlink:title="label: FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock to bap_FinancialAssetsAdministrationOffTheBalanceSheetTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:label="DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:title="DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl">The disclosure of detailed information about refinance loans, renegotiated loans and allowance for loan losses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:to="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl" xlink:title="label: DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock to bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl1">Disclosure of Renegotiated Loans, Refinanced Loans and Expected Credit Losses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:to="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl1" xlink:title="label: DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock to bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock">Renegotiated Loans, Refinanced Loans and Expected Loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:to="bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" xlink:title="label: DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock to bap_DisclosureOfRenegotiatedLoansRefinancedLoansAndExpectedCreditLossesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl">The disclosure of detailed information about impaired loans, fair value of collateral and allowance of loan losses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock to bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl1">Disclosure of detailed information about impaired loans, fair value of collateral and allowance of loan losses [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock to bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock">Impaired Loans, Fair Value of Collateral and Allowance of Loan Losses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock to bap_DisclosureOfDetailedInformationAboutImpairedLoansfairValueOfCollateralAndAllowanceOfLoanLossesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CreditRiskGeographicalAreawiseMember" xlink:label="CreditRiskGeographicalAreawiseMember" xlink:title="CreditRiskGeographicalAreawiseMember" />
    <link:label xlink:type="resource" xlink:label="bap_CreditRiskGeographicalAreawiseMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CreditRiskGeographicalAreawiseMember_lbl" xml:lang="en-US" id="bap_CreditRiskGeographicalAreawiseMember_lbl">The member represents credit risk distributed geographical area wise.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskGeographicalAreawiseMember" xlink:to="bap_CreditRiskGeographicalAreawiseMember_lbl" xlink:title="label: CreditRiskGeographicalAreawiseMember to bap_CreditRiskGeographicalAreawiseMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CreditRiskGeographicalAreawiseMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CreditRiskGeographicalAreawiseMember_lbl1" xml:lang="en-US" id="bap_CreditRiskGeographicalAreawiseMember_lbl1">Credit Risk Geographical Areawise [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskGeographicalAreawiseMember" xlink:to="bap_CreditRiskGeographicalAreawiseMember_lbl1" xlink:title="label: CreditRiskGeographicalAreawiseMember to bap_CreditRiskGeographicalAreawiseMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CreditRiskGeographicalAreawiseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CreditRiskGeographicalAreawiseMember" xml:lang="en-US" id="bap_CreditRiskGeographicalAreawiseMember">Credit Risk Geographical Areawise [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CreditRiskGeographicalAreawiseMember" xlink:to="bap_CreditRiskGeographicalAreawiseMember" xlink:title="label: CreditRiskGeographicalAreawiseMember to bap_CreditRiskGeographicalAreawiseMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:label="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:title="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl">The disclosure of detailed information about potential net reduction in income due to market price sensitivity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl1">Disclosure of detailed information about assets and liabilities by currencies at the free market exchange rates [Table Text Block]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock">Sensitivity Analysis</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:to="bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" xlink:title="label: DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock to bap_DisclosureOfDetailedInformationAboutAssetsAndLiabilitiesByCurrenciesAtFreeMarketExchangeRatesTableTextBlock" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NoninterestBearingAssetsMember" xlink:label="NoninterestBearingAssetsMember" xlink:title="NoninterestBearingAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_NoninterestBearingAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NoninterestBearingAssetsMember_lbl" xml:lang="en-US" id="bap_NoninterestBearingAssetsMember_lbl">This member stands for non-interest bearing assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestBearingAssetsMember" xlink:to="bap_NoninterestBearingAssetsMember_lbl" xlink:title="label: NoninterestBearingAssetsMember to bap_NoninterestBearingAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NoninterestBearingAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NoninterestBearingAssetsMember_lbl1" xml:lang="en-US" id="bap_NoninterestBearingAssetsMember_lbl1">Noninterest bearing assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestBearingAssetsMember" xlink:to="bap_NoninterestBearingAssetsMember_lbl1" xlink:title="label: NoninterestBearingAssetsMember to bap_NoninterestBearingAssetsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NoninterestBearingAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NoninterestBearingAssetsMember" xml:lang="en-US" id="bap_NoninterestBearingAssetsMember">Non-interest Bearing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NoninterestBearingAssetsMember" xlink:to="bap_NoninterestBearingAssetsMember" xlink:title="label: NoninterestBearingAssetsMember to bap_NoninterestBearingAssetsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AssetMember" xlink:label="AssetMember" xlink:title="AssetMember" />
    <link:label xlink:type="resource" xlink:label="bap_AssetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AssetMember_lbl" xml:lang="en-US" id="bap_AssetMember_lbl">This member stands for total assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetMember" xlink:to="bap_AssetMember_lbl" xlink:title="label: AssetMember to bap_AssetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AssetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AssetMember_lbl1" xml:lang="en-US" id="bap_AssetMember_lbl1">Asset [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetMember" xlink:to="bap_AssetMember_lbl1" xlink:title="label: AssetMember to bap_AssetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AssetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AssetMember" xml:lang="en-US" id="bap_AssetMember">Total Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AssetMember" xlink:to="bap_AssetMember" xlink:title="label: AssetMember to bap_AssetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentMember" xlink:label="InvestmentMember" xlink:title="InvestmentMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentMember_lbl" xml:lang="en-US" id="bap_InvestmentMember_lbl">This member stands for investments.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentMember" xlink:to="bap_InvestmentMember_lbl" xlink:title="label: InvestmentMember to bap_InvestmentMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentMember_lbl1" xml:lang="en-US" id="bap_InvestmentMember_lbl1">Investment [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentMember" xlink:to="bap_InvestmentMember_lbl1" xlink:title="label: InvestmentMember to bap_InvestmentMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentMember" xml:lang="en-US" id="bap_InvestmentMember">Investments [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentMember" xlink:to="bap_InvestmentMember" xlink:title="label: InvestmentMember to bap_InvestmentMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReinsuranceAndInsuranceContractAssetsMember" xlink:label="ReinsuranceAndInsuranceContractAssetsMember" xlink:title="ReinsuranceAndInsuranceContractAssetsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl" xml:lang="en-US" id="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl">This member stands for reinsurance and insurance contract assets.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceAndInsuranceContractAssetsMember" xlink:to="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl" xlink:title="label: ReinsuranceAndInsuranceContractAssetsMember to bap_ReinsuranceAndInsuranceContractAssetsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl1" xml:lang="en-US" id="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl1">Reinsurance and Insurance Contract Assets [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReinsuranceAndInsuranceContractAssetsMember" xlink:to="bap_ReinsuranceAndInsuranceContractAssetsMember_lbl1" xlink:title="label: ReinsuranceAndInsuranceContractAssetsMember to bap_ReinsuranceAndInsuranceContractAssetsMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AccumulatedDifferenceMember" xlink:label="AccumulatedDifferenceMember" xlink:title="AccumulatedDifferenceMember" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDifferenceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AccumulatedDifferenceMember_lbl" xml:lang="en-US" id="bap_AccumulatedDifferenceMember_lbl">This member stands for accumulated difference.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDifferenceMember" xlink:to="bap_AccumulatedDifferenceMember_lbl" xlink:title="label: AccumulatedDifferenceMember to bap_AccumulatedDifferenceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDifferenceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AccumulatedDifferenceMember_lbl1" xml:lang="en-US" id="bap_AccumulatedDifferenceMember_lbl1">Accumulated difference [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDifferenceMember" xlink:to="bap_AccumulatedDifferenceMember_lbl1" xlink:title="label: AccumulatedDifferenceMember to bap_AccumulatedDifferenceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AccumulatedDifferenceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AccumulatedDifferenceMember" xml:lang="en-US" id="bap_AccumulatedDifferenceMember">Accumulated Gap [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AccumulatedDifferenceMember" xlink:to="bap_AccumulatedDifferenceMember" xlink:title="label: AccumulatedDifferenceMember to bap_AccumulatedDifferenceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:label="FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:title="FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl">This member stands for financial assets designated 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="FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl" xlink:title="label: FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember to bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl1" xml:lang="en-US" id="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl1">Financial assets designated at fair value through profit or loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl1" xlink:title="label: FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember to bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xml:lang="en-US" id="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember">Financial Assets Designated at Fair Value Through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" xlink:title="label: FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember to bap_FinancialAssetsDesignatedAtFairValueThroughProfitOrLossMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeNetMember" xlink:label="DerivativeNetMember" xlink:title="DerivativeNetMember" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeNetMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeNetMember_lbl" xml:lang="en-US" id="bap_DerivativeNetMember_lbl">This member stands for derivative net.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNetMember" xlink:to="bap_DerivativeNetMember_lbl" xlink:title="label: DerivativeNetMember to bap_DerivativeNetMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeNetMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeNetMember_lbl1" xml:lang="en-US" id="bap_DerivativeNetMember_lbl1">Derivative Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNetMember" xlink:to="bap_DerivativeNetMember_lbl1" xlink:title="label: DerivativeNetMember to bap_DerivativeNetMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeNetMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DerivativeNetMember" xml:lang="en-US" id="bap_DerivativeNetMember">Derivative Net [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeNetMember" xlink:to="bap_DerivativeNetMember" xlink:title="label: DerivativeNetMember to bap_DerivativeNetMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_LiabilitiesAndEquityMember" xlink:label="LiabilitiesAndEquityMember" xlink:title="LiabilitiesAndEquityMember" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndEquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_LiabilitiesAndEquityMember_lbl" xml:lang="en-US" id="bap_LiabilitiesAndEquityMember_lbl">This member stands for liabilities and equity total.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndEquityMember" xlink:to="bap_LiabilitiesAndEquityMember_lbl" xlink:title="label: LiabilitiesAndEquityMember to bap_LiabilitiesAndEquityMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndEquityMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_LiabilitiesAndEquityMember_lbl1" xml:lang="en-US" id="bap_LiabilitiesAndEquityMember_lbl1">Liabilities and equity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndEquityMember" xlink:to="bap_LiabilitiesAndEquityMember_lbl1" xlink:title="label: LiabilitiesAndEquityMember to bap_LiabilitiesAndEquityMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_LiabilitiesAndEquityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_LiabilitiesAndEquityMember" xml:lang="en-US" id="bap_LiabilitiesAndEquityMember">Total Liabilities and Equity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="LiabilitiesAndEquityMember" xlink:to="bap_LiabilitiesAndEquityMember" xlink:title="label: LiabilitiesAndEquityMember to bap_LiabilitiesAndEquityMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceAndReinsuranceContractLiabilityMember" xlink:label="InsuranceAndReinsuranceContractLiabilityMember" xlink:title="InsuranceAndReinsuranceContractLiabilityMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl" xml:lang="en-US" id="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl">This member stands for insurance and reinsurance contract liability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndReinsuranceContractLiabilityMember" xlink:to="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl" xlink:title="label: InsuranceAndReinsuranceContractLiabilityMember to bap_InsuranceAndReinsuranceContractLiabilityMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl1" xml:lang="en-US" id="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl1">Insurance and Reinsurance Contract Liability [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceAndReinsuranceContractLiabilityMember" xlink:to="bap_InsuranceAndReinsuranceContractLiabilityMember_lbl1" xlink:title="label: InsuranceAndReinsuranceContractLiabilityMember to bap_InsuranceAndReinsuranceContractLiabilityMember_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondsAndNotesIssuedMember" xlink:label="BondsAndNotesIssuedMember" xlink:title="BondsAndNotesIssuedMember" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesIssuedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BondsAndNotesIssuedMember_lbl" xml:lang="en-US" id="bap_BondsAndNotesIssuedMember_lbl">This member stands for bonds and notes issued.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesIssuedMember" xlink:to="bap_BondsAndNotesIssuedMember_lbl" xlink:title="label: BondsAndNotesIssuedMember to bap_BondsAndNotesIssuedMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesIssuedMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondsAndNotesIssuedMember_lbl1" xml:lang="en-US" id="bap_BondsAndNotesIssuedMember_lbl1">Bonds and notes issued [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesIssuedMember" xlink:to="bap_BondsAndNotesIssuedMember_lbl1" xlink:title="label: BondsAndNotesIssuedMember to bap_BondsAndNotesIssuedMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesIssuedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondsAndNotesIssuedMember" xml:lang="en-US" id="bap_BondsAndNotesIssuedMember">Bonds and Notes Issued [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesIssuedMember" xlink:to="bap_BondsAndNotesIssuedMember" xlink:title="label: BondsAndNotesIssuedMember to bap_BondsAndNotesIssuedMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherLiabilityMember" xlink:label="OtherLiabilityMember" xlink:title="OtherLiabilityMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLiabilityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherLiabilityMember_lbl" xml:lang="en-US" id="bap_OtherLiabilityMember_lbl">This member stands for other liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilityMember" xlink:to="bap_OtherLiabilityMember_lbl" xlink:title="label: OtherLiabilityMember to bap_OtherLiabilityMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLiabilityMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherLiabilityMember_lbl1" xml:lang="en-US" id="bap_OtherLiabilityMember_lbl1">Other liability [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilityMember" xlink:to="bap_OtherLiabilityMember_lbl1" xlink:title="label: OtherLiabilityMember to bap_OtherLiabilityMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherLiabilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherLiabilityMember" xml:lang="en-US" id="bap_OtherLiabilityMember">Other Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherLiabilityMember" xlink:to="bap_OtherLiabilityMember" xlink:title="label: OtherLiabilityMember to bap_OtherLiabilityMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MarginalDifferenceMember" xlink:label="MarginalDifferenceMember" xlink:title="MarginalDifferenceMember" />
    <link:label xlink:type="resource" xlink:label="bap_MarginalDifferenceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MarginalDifferenceMember_lbl" xml:lang="en-US" id="bap_MarginalDifferenceMember_lbl">This member stands for marginal difference.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginalDifferenceMember" xlink:to="bap_MarginalDifferenceMember_lbl" xlink:title="label: MarginalDifferenceMember to bap_MarginalDifferenceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MarginalDifferenceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MarginalDifferenceMember_lbl1" xml:lang="en-US" id="bap_MarginalDifferenceMember_lbl1">Marginal difference [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginalDifferenceMember" xlink:to="bap_MarginalDifferenceMember_lbl1" xlink:title="label: MarginalDifferenceMember to bap_MarginalDifferenceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MarginalDifferenceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MarginalDifferenceMember" xml:lang="en-US" id="bap_MarginalDifferenceMember">Marginal Gap [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MarginalDifferenceMember" xlink:to="bap_MarginalDifferenceMember" xlink:title="label: MarginalDifferenceMember to bap_MarginalDifferenceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:label="FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:title="FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl">This member stands for financial liabilities 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="FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLossMember to bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl1" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl1">Financial liabilities at fair value through profit or loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl1" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLossMember to bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xml:lang="en-US" id="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember">Financial Liabilities at Fair Value through Profit or Loss [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:to="bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" xlink:title="label: FinancialLiabilitiesAtFairValueThroughProfitOrLossMember to bap_FinancialLiabilitiesAtFairValueThroughProfitOrLossMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:label="InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:title="InterestRateRiskAnalysisOfRepricingGapAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateRiskAnalysisOfRepricingGapAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InterestRateRiskAnalysisOfRepricingGapAbstract_lbl1" xml:lang="en-US" id="bap_InterestRateRiskAnalysisOfRepricingGapAbstract_lbl1">Interest rate risk, analysis of repricing gap [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:to="bap_InterestRateRiskAnalysisOfRepricingGapAbstract_lbl1" xlink:title="label: InterestRateRiskAnalysisOfRepricingGapAbstract to bap_InterestRateRiskAnalysisOfRepricingGapAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InterestRateRiskAnalysisOfRepricingGapAbstract" xml:lang="en-US" id="bap_InterestRateRiskAnalysisOfRepricingGapAbstract">Interest Rate Risk Analysis of Repricing Gap [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:to="bap_InterestRateRiskAnalysisOfRepricingGapAbstract" xlink:title="label: InterestRateRiskAnalysisOfRepricingGapAbstract to bap_InterestRateRiskAnalysisOfRepricingGapAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialInstrumentCreditExposureGainLoss" xlink:label="FinancialInstrumentCreditExposureGainLoss" xlink:title="FinancialInstrumentCreditExposureGainLoss" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentCreditExposureGainLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialInstrumentCreditExposureGainLoss_lbl" xml:lang="en-US" id="bap_FinancialInstrumentCreditExposureGainLoss_lbl">The amount of exposure to loss resulting from credit risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentCreditExposureGainLoss" xlink:to="bap_FinancialInstrumentCreditExposureGainLoss_lbl" xlink:title="label: FinancialInstrumentCreditExposureGainLoss to bap_FinancialInstrumentCreditExposureGainLoss_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentCreditExposureGainLoss_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialInstrumentCreditExposureGainLoss_lbl1" xml:lang="en-US" id="bap_FinancialInstrumentCreditExposureGainLoss_lbl1">Financial instrument credit exposure gain loss</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentCreditExposureGainLoss" xlink:to="bap_FinancialInstrumentCreditExposureGainLoss_lbl1" xlink:title="label: FinancialInstrumentCreditExposureGainLoss to bap_FinancialInstrumentCreditExposureGainLoss_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentCreditExposureGainLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialInstrumentCreditExposureGainLoss" xml:lang="en-US" id="bap_FinancialInstrumentCreditExposureGainLoss">Credit exposure</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentCreditExposureGainLoss" xlink:to="bap_FinancialInstrumentCreditExposureGainLoss" xlink:title="label: FinancialInstrumentCreditExposureGainLoss to bap_FinancialInstrumentCreditExposureGainLoss" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EquitysMember" xlink:label="EquitysMember" xlink:title="EquitysMember" />
    <link:label xlink:type="resource" xlink:label="bap_EquitysMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EquitysMember_lbl" xml:lang="en-US" id="bap_EquitysMember_lbl">This member stands for equity.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitysMember" xlink:to="bap_EquitysMember_lbl" xlink:title="label: EquitysMember to bap_EquitysMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EquitysMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EquitysMember_lbl1" xml:lang="en-US" id="bap_EquitysMember_lbl1">Equitys [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitysMember" xlink:to="bap_EquitysMember_lbl1" xlink:title="label: EquitysMember to bap_EquitysMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EquitysMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EquitysMember" xml:lang="en-US" id="bap_EquitysMember">Equity [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquitysMember" xlink:to="bap_EquitysMember" xlink:title="label: EquitysMember to bap_EquitysMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DetailInformationAboutFinancialRiskManagementAbstract" xlink:label="DetailInformationAboutFinancialRiskManagementAbstract" xlink:title="DetailInformationAboutFinancialRiskManagementAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_DetailInformationAboutFinancialRiskManagementAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DetailInformationAboutFinancialRiskManagementAbstract_lbl1" xml:lang="en-US" id="bap_DetailInformationAboutFinancialRiskManagementAbstract_lbl1">Detail information about financial risk management [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailInformationAboutFinancialRiskManagementAbstract" xlink:to="bap_DetailInformationAboutFinancialRiskManagementAbstract_lbl1" xlink:title="label: DetailInformationAboutFinancialRiskManagementAbstract to bap_DetailInformationAboutFinancialRiskManagementAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DetailInformationAboutFinancialRiskManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_DetailInformationAboutFinancialRiskManagementAbstract" xml:lang="en-US" id="bap_DetailInformationAboutFinancialRiskManagementAbstract">Financial Risk Management [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DetailInformationAboutFinancialRiskManagementAbstract" xlink:to="bap_DetailInformationAboutFinancialRiskManagementAbstract" xlink:title="label: DetailInformationAboutFinancialRiskManagementAbstract to bap_DetailInformationAboutFinancialRiskManagementAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProbabilitiesOfScenarios" xlink:label="ProbabilitiesOfScenarios" xlink:title="ProbabilitiesOfScenarios" />
    <link:label xlink:type="resource" xlink:label="bap_ProbabilitiesOfScenarios_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ProbabilitiesOfScenarios_lbl" xml:lang="en-US" id="bap_ProbabilitiesOfScenarios_lbl">Represents the probabilities of scenarios.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProbabilitiesOfScenarios" xlink:to="bap_ProbabilitiesOfScenarios_lbl" xlink:title="label: ProbabilitiesOfScenarios to bap_ProbabilitiesOfScenarios_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ProbabilitiesOfScenarios_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProbabilitiesOfScenarios_lbl1" xml:lang="en-US" id="bap_ProbabilitiesOfScenarios_lbl1">Probabilities of Scenarios</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProbabilitiesOfScenarios" xlink:to="bap_ProbabilitiesOfScenarios_lbl1" xlink:title="label: ProbabilitiesOfScenarios to bap_ProbabilitiesOfScenarios_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProbabilitiesOfScenarios" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProbabilitiesOfScenarios" xml:lang="en-US" id="bap_ProbabilitiesOfScenarios">Probabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProbabilitiesOfScenarios" xlink:to="bap_ProbabilitiesOfScenarios" xlink:title="label: ProbabilitiesOfScenarios to bap_ProbabilitiesOfScenarios" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:label="PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:title="PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl" xml:lang="en-US" id="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl">The percentage of volatility in economic growth is driven by external factors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:to="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl" xlink:title="label: PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors to bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl1" xml:lang="en-US" id="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl1">Percentage of volatility in economic growth is driven by external factors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:to="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl1" xlink:title="label: PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors to bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xml:lang="en-US" id="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors">Percentage of volatility in economic growth is driven by external factors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:to="bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" xlink:title="label: PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors to bap_PercentageOfVolatilityInEconomicGrowthIsDrivenByExternalFactors" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:label="PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:title="PercentageOfProbabilitiesOfEventOfModerateMagnitude" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl">The percentage of probabilities of event of moderate magnitude.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl" xlink:title="label: PercentageOfProbabilitiesOfEventOfModerateMagnitude to bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl1" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl1">Percentage of probabilities of event of moderate magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl1" xlink:title="label: PercentageOfProbabilitiesOfEventOfModerateMagnitude to bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude">Percentage of probabilities of event of moderate magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude" xlink:title="label: PercentageOfProbabilitiesOfEventOfModerateMagnitude to bap_PercentageOfProbabilitiesOfEventOfModerateMagnitude" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:label="PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:title="PercentageOfProbabilitiesOfEventOfWeakMagnitude" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl">The percentage of probabilities of event of weak magnitude.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl" xlink:title="label: PercentageOfProbabilitiesOfEventOfWeakMagnitude to bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl1" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl1">Percentage of probabilities of event of weak magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl1" xlink:title="label: PercentageOfProbabilitiesOfEventOfWeakMagnitude to bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude">Percentage of probabilities of event of weak magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude" xlink:title="label: PercentageOfProbabilitiesOfEventOfWeakMagnitude to bap_PercentageOfProbabilitiesOfEventOfWeakMagnitude" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:label="PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:title="PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl" xml:lang="en-US" id="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl">The percentage of growth at which economy would grow due to the recovery of domestic demand.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:to="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl" xlink:title="label: PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand to bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl1" xml:lang="en-US" id="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl1">Percentage of economic growth due to recovery of domestic demand</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:to="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl1" xlink:title="label: PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand to bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xml:lang="en-US" id="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand">Percentage of economic growth due to recovery of domestic demand</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:to="bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" xlink:title="label: PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand to bap_PercentageOfEconomicGrowthDueToRecoveryOfDomesticDemand" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:label="PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:title="PercentageOfProbabilitiesOfEventOfStrongMagnitude" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl">The percentage of probabilities of event of strong magnitude.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl" xlink:title="label: PercentageOfProbabilitiesOfEventOfStrongMagnitude to bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl1" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl1">Percentage of probabilities of event of strong magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl1" xlink:title="label: PercentageOfProbabilitiesOfEventOfStrongMagnitude to bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude">Percentage of probabilities of event of strong magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude" xlink:title="label: PercentageOfProbabilitiesOfEventOfStrongMagnitude to bap_PercentageOfProbabilitiesOfEventOfStrongMagnitude" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EstimatedPercentageOfEconomyRebound" xlink:label="EstimatedPercentageOfEconomyRebound" xlink:title="EstimatedPercentageOfEconomyRebound" />
    <link:label xlink:type="resource" xlink:label="bap_EstimatedPercentageOfEconomyRebound_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EstimatedPercentageOfEconomyRebound_lbl" xml:lang="en-US" id="bap_EstimatedPercentageOfEconomyRebound_lbl">The percentage of estimated economy rebound.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedPercentageOfEconomyRebound" xlink:to="bap_EstimatedPercentageOfEconomyRebound_lbl" xlink:title="label: EstimatedPercentageOfEconomyRebound to bap_EstimatedPercentageOfEconomyRebound_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EstimatedPercentageOfEconomyRebound_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EstimatedPercentageOfEconomyRebound_lbl1" xml:lang="en-US" id="bap_EstimatedPercentageOfEconomyRebound_lbl1">Estimated percentage of economy rebound</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedPercentageOfEconomyRebound" xlink:to="bap_EstimatedPercentageOfEconomyRebound_lbl1" xlink:title="label: EstimatedPercentageOfEconomyRebound to bap_EstimatedPercentageOfEconomyRebound_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EstimatedPercentageOfEconomyRebound" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EstimatedPercentageOfEconomyRebound" xml:lang="en-US" id="bap_EstimatedPercentageOfEconomyRebound">Estimated percentage of economy rebound</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EstimatedPercentageOfEconomyRebound" xlink:to="bap_EstimatedPercentageOfEconomyRebound" xlink:title="label: EstimatedPercentageOfEconomyRebound to bap_EstimatedPercentageOfEconomyRebound" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PessimisticMember" xlink:label="PessimisticMember" xlink:title="PessimisticMember" />
    <link:label xlink:type="resource" xlink:label="bap_PessimisticMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PessimisticMember_lbl" xml:lang="en-US" id="bap_PessimisticMember_lbl">This member stands for pessimistic.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PessimisticMember" xlink:to="bap_PessimisticMember_lbl" xlink:title="label: PessimisticMember to bap_PessimisticMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PessimisticMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PessimisticMember_lbl1" xml:lang="en-US" id="bap_PessimisticMember_lbl1">Pessimistic [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PessimisticMember" xlink:to="bap_PessimisticMember_lbl1" xlink:title="label: PessimisticMember to bap_PessimisticMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PessimisticMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PessimisticMember" xml:lang="en-US" id="bap_PessimisticMember">Pessimistic [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PessimisticMember" xlink:to="bap_PessimisticMember" xlink:title="label: PessimisticMember to bap_PessimisticMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ScenarioPlansMember" xlink:label="ScenarioPlansMember" xlink:title="ScenarioPlansMember" />
    <link:label xlink:type="resource" xlink:label="bap_ScenarioPlansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ScenarioPlansMember_lbl" xml:lang="en-US" id="bap_ScenarioPlansMember_lbl">The scenario under which facts represent plans as distinct from actual.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioPlansMember" xlink:to="bap_ScenarioPlansMember_lbl" xlink:title="label: ScenarioPlansMember to bap_ScenarioPlansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ScenarioPlansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ScenarioPlansMember_lbl1" xml:lang="en-US" id="bap_ScenarioPlansMember_lbl1">Scenario plans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioPlansMember" xlink:to="bap_ScenarioPlansMember_lbl1" xlink:title="label: ScenarioPlansMember to bap_ScenarioPlansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ScenarioPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ScenarioPlansMember" xml:lang="en-US" id="bap_ScenarioPlansMember">Scenario Plan [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ScenarioPlansMember" xlink:to="bap_ScenarioPlansMember" xlink:title="label: ScenarioPlansMember to bap_ScenarioPlansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BaselineMember" xlink:label="BaselineMember" xlink:title="BaselineMember" />
    <link:label xlink:type="resource" xlink:label="bap_BaselineMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BaselineMember_lbl" xml:lang="en-US" id="bap_BaselineMember_lbl">This member stands for baseline.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BaselineMember" xlink:to="bap_BaselineMember_lbl" xlink:title="label: BaselineMember to bap_BaselineMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BaselineMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BaselineMember_lbl1" xml:lang="en-US" id="bap_BaselineMember_lbl1">Baseline [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BaselineMember" xlink:to="bap_BaselineMember_lbl1" xlink:title="label: BaselineMember to bap_BaselineMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BaselineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BaselineMember" xml:lang="en-US" id="bap_BaselineMember">Baseline [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BaselineMember" xlink:to="bap_BaselineMember" xlink:title="label: BaselineMember to bap_BaselineMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OptimisticMember" xlink:label="OptimisticMember" xlink:title="OptimisticMember" />
    <link:label xlink:type="resource" xlink:label="bap_OptimisticMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OptimisticMember_lbl" xml:lang="en-US" id="bap_OptimisticMember_lbl">This member stands for optimistic.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptimisticMember" xlink:to="bap_OptimisticMember_lbl" xlink:title="label: OptimisticMember to bap_OptimisticMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OptimisticMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OptimisticMember_lbl1" xml:lang="en-US" id="bap_OptimisticMember_lbl1">Optimistic [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptimisticMember" xlink:to="bap_OptimisticMember_lbl1" xlink:title="label: OptimisticMember to bap_OptimisticMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OptimisticMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OptimisticMember" xml:lang="en-US" id="bap_OptimisticMember">Optimistic [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OptimisticMember" xlink:to="bap_OptimisticMember" xlink:title="label: OptimisticMember to bap_OptimisticMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:label="PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:title="PercentageOfProbabilitiesOfEventOfNeutralMagnitude" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl">The percentage of probabilities of event of neutral magnitude.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl" xlink:title="label: PercentageOfProbabilitiesOfEventOfNeutralMagnitude to bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl1" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl1">Percentage of probabilities of event of neutral magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl1" xlink:title="label: PercentageOfProbabilitiesOfEventOfNeutralMagnitude to bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xml:lang="en-US" id="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude">Percentage of probabilities of event of neutral magnitude</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:to="bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude" xlink:title="label: PercentageOfProbabilitiesOfEventOfNeutralMagnitude to bap_PercentageOfProbabilitiesOfEventOfNeutralMagnitude" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:label="InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:title="InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl">This member represents investments at fair value through other comprehensive income and amortized cost pledged as collateral.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:to="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl" xlink:title="label: InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember to bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl1" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl1">Investments At Fair Value Through Other Comprehensive Income And Amortized Cost Pledged As Collateral [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:to="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl1" xlink:title="label: InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember to bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xml:lang="en-US" id="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember">Investments at Fair Value Through Other Comprehensive Income and Amortized Cost Pledged as Collateral [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:to="bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" xlink:title="label: InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember to bap_InvestmentsAtFairValueThroughOtherComprehensiveIncomeAndAmortizedCostPledgedAsCollateralMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:label="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:title="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl">This member represents cash collateral, reverse repurchase agreements and securities borrowing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl1" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl1">Cash Collateral Reverse Repurchase Agreements And Securities Borrowings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl1" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xml:lang="en-US" id="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember">Cash Collateral, Reverse Repurchase Agreements and Securities Borrowings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:to="bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" xlink:title="label: CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember to bap_CashCollateralReverseRepurchaseAgreementsAndSecuritiesBorrowingsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ValueAtRiskAbstract" xlink:label="ValueAtRiskAbstract" xlink:title="ValueAtRiskAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ValueAtRiskAbstract_lbl1" xml:lang="en-US" id="bap_ValueAtRiskAbstract_lbl1">Value at risk [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskAbstract" xlink:to="bap_ValueAtRiskAbstract_lbl1" xlink:title="label: ValueAtRiskAbstract to bap_ValueAtRiskAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ValueAtRiskAbstract" xml:lang="en-US" id="bap_ValueAtRiskAbstract">Value at risk [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskAbstract" xlink:to="bap_ValueAtRiskAbstract" xlink:title="label: ValueAtRiskAbstract to bap_ValueAtRiskAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfMarketCurves" xlink:label="NumberOfMarketCurves" xlink:title="NumberOfMarketCurves" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketCurves_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfMarketCurves_lbl" xml:lang="en-US" id="bap_NumberOfMarketCurves_lbl">The total number of market curves.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketCurves" xlink:to="bap_NumberOfMarketCurves_lbl" xlink:title="label: NumberOfMarketCurves to bap_NumberOfMarketCurves_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketCurves_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfMarketCurves_lbl1" xml:lang="en-US" id="bap_NumberOfMarketCurves_lbl1">Number of market curves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketCurves" xlink:to="bap_NumberOfMarketCurves_lbl1" xlink:title="label: NumberOfMarketCurves to bap_NumberOfMarketCurves_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketCurves" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfMarketCurves" xml:lang="en-US" id="bap_NumberOfMarketCurves">Number of market curves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketCurves" xlink:to="bap_NumberOfMarketCurves" xlink:title="label: NumberOfMarketCurves to bap_NumberOfMarketCurves" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfStockPrices" xlink:label="NumberOfStockPrices" xlink:title="NumberOfStockPrices" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfStockPrices_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfStockPrices_lbl" xml:lang="en-US" id="bap_NumberOfStockPrices_lbl">The total number of stock prices.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStockPrices" xlink:to="bap_NumberOfStockPrices_lbl" xlink:title="label: NumberOfStockPrices to bap_NumberOfStockPrices_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfStockPrices_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfStockPrices_lbl1" xml:lang="en-US" id="bap_NumberOfStockPrices_lbl1">Number of stock prices</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStockPrices" xlink:to="bap_NumberOfStockPrices_lbl1" xlink:title="label: NumberOfStockPrices to bap_NumberOfStockPrices_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfStockPrices" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfStockPrices" xml:lang="en-US" id="bap_NumberOfStockPrices">Number of stock prices</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfStockPrices" xlink:to="bap_NumberOfStockPrices" xlink:title="label: NumberOfStockPrices to bap_NumberOfStockPrices" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HoldingPeriodOfValueAtRisk" xlink:label="HoldingPeriodOfValueAtRisk" xlink:title="HoldingPeriodOfValueAtRisk" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingPeriodOfValueAtRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HoldingPeriodOfValueAtRisk_lbl" xml:lang="en-US" id="bap_HoldingPeriodOfValueAtRisk_lbl">Holding period of value at risk, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPeriodOfValueAtRisk" xlink:to="bap_HoldingPeriodOfValueAtRisk_lbl" xlink:title="label: HoldingPeriodOfValueAtRisk to bap_HoldingPeriodOfValueAtRisk_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingPeriodOfValueAtRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HoldingPeriodOfValueAtRisk_lbl1" xml:lang="en-US" id="bap_HoldingPeriodOfValueAtRisk_lbl1">Holding period of value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPeriodOfValueAtRisk" xlink:to="bap_HoldingPeriodOfValueAtRisk_lbl1" xlink:title="label: HoldingPeriodOfValueAtRisk to bap_HoldingPeriodOfValueAtRisk_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HoldingPeriodOfValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HoldingPeriodOfValueAtRisk" xml:lang="en-US" id="bap_HoldingPeriodOfValueAtRisk">Holding period of value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HoldingPeriodOfValueAtRisk" xlink:to="bap_HoldingPeriodOfValueAtRisk" xlink:title="label: HoldingPeriodOfValueAtRisk to bap_HoldingPeriodOfValueAtRisk" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AmplifiedTimeFrameOfValueAtRisk" xlink:label="AmplifiedTimeFrameOfValueAtRisk" xlink:title="AmplifiedTimeFrameOfValueAtRisk" />
    <link:label xlink:type="resource" xlink:label="bap_AmplifiedTimeFrameOfValueAtRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AmplifiedTimeFrameOfValueAtRisk_lbl" xml:lang="en-US" id="bap_AmplifiedTimeFrameOfValueAtRisk_lbl">Amplified time frame of value at risk, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmplifiedTimeFrameOfValueAtRisk" xlink:to="bap_AmplifiedTimeFrameOfValueAtRisk_lbl" xlink:title="label: AmplifiedTimeFrameOfValueAtRisk to bap_AmplifiedTimeFrameOfValueAtRisk_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AmplifiedTimeFrameOfValueAtRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AmplifiedTimeFrameOfValueAtRisk_lbl1" xml:lang="en-US" id="bap_AmplifiedTimeFrameOfValueAtRisk_lbl1">Amplified time frame of value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmplifiedTimeFrameOfValueAtRisk" xlink:to="bap_AmplifiedTimeFrameOfValueAtRisk_lbl1" xlink:title="label: AmplifiedTimeFrameOfValueAtRisk to bap_AmplifiedTimeFrameOfValueAtRisk_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AmplifiedTimeFrameOfValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AmplifiedTimeFrameOfValueAtRisk" xml:lang="en-US" id="bap_AmplifiedTimeFrameOfValueAtRisk">Amplified time frame of value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AmplifiedTimeFrameOfValueAtRisk" xlink:to="bap_AmplifiedTimeFrameOfValueAtRisk" xlink:title="label: AmplifiedTimeFrameOfValueAtRisk to bap_AmplifiedTimeFrameOfValueAtRisk" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfMarketRiskFactors" xlink:label="NumberOfMarketRiskFactors" xlink:title="NumberOfMarketRiskFactors" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketRiskFactors_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfMarketRiskFactors_lbl" xml:lang="en-US" id="bap_NumberOfMarketRiskFactors_lbl">The total number of market risk factors.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketRiskFactors" xlink:to="bap_NumberOfMarketRiskFactors_lbl" xlink:title="label: NumberOfMarketRiskFactors to bap_NumberOfMarketRiskFactors_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketRiskFactors_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfMarketRiskFactors_lbl1" xml:lang="en-US" id="bap_NumberOfMarketRiskFactors_lbl1">Number of market risk factors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketRiskFactors" xlink:to="bap_NumberOfMarketRiskFactors_lbl1" xlink:title="label: NumberOfMarketRiskFactors to bap_NumberOfMarketRiskFactors_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMarketRiskFactors" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfMarketRiskFactors" xml:lang="en-US" id="bap_NumberOfMarketRiskFactors">Number of market risk factors</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMarketRiskFactors" xlink:to="bap_NumberOfMarketRiskFactors" xlink:title="label: NumberOfMarketRiskFactors to bap_NumberOfMarketRiskFactors" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ValueAtRiskByArea" xlink:label="ValueAtRiskByArea" xlink:title="ValueAtRiskByArea" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskByArea_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ValueAtRiskByArea_lbl" xml:lang="en-US" id="bap_ValueAtRiskByArea_lbl">The value at risk by area.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskByArea" xlink:to="bap_ValueAtRiskByArea_lbl" xlink:title="label: ValueAtRiskByArea to bap_ValueAtRiskByArea_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskByArea_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ValueAtRiskByArea_lbl1" xml:lang="en-US" id="bap_ValueAtRiskByArea_lbl1">Value at risk by area</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskByArea" xlink:to="bap_ValueAtRiskByArea_lbl1" xlink:title="label: ValueAtRiskByArea to bap_ValueAtRiskByArea_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskByArea" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ValueAtRiskByArea" xml:lang="en-US" id="bap_ValueAtRiskByArea">Value at risk by area</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskByArea" xlink:to="bap_ValueAtRiskByArea" xlink:title="label: ValueAtRiskByArea to bap_ValueAtRiskByArea" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_StatisticalProbability" xlink:label="StatisticalProbability" xlink:title="StatisticalProbability" />
    <link:label xlink:type="resource" xlink:label="bap_StatisticalProbability_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_StatisticalProbability_lbl" xml:lang="en-US" id="bap_StatisticalProbability_lbl">Percentage of statistical probability.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatisticalProbability" xlink:to="bap_StatisticalProbability_lbl" xlink:title="label: StatisticalProbability to bap_StatisticalProbability_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_StatisticalProbability_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_StatisticalProbability_lbl1" xml:lang="en-US" id="bap_StatisticalProbability_lbl1">Statistical probability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatisticalProbability" xlink:to="bap_StatisticalProbability_lbl1" xlink:title="label: StatisticalProbability to bap_StatisticalProbability_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_StatisticalProbability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_StatisticalProbability" xml:lang="en-US" id="bap_StatisticalProbability">Statistical probability</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="StatisticalProbability" xlink:to="bap_StatisticalProbability" xlink:title="label: StatisticalProbability to bap_StatisticalProbability" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_SeriesOfVolatility" xlink:label="SeriesOfVolatility" xlink:title="SeriesOfVolatility" />
    <link:label xlink:type="resource" xlink:label="bap_SeriesOfVolatility_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_SeriesOfVolatility_lbl" xml:lang="en-US" id="bap_SeriesOfVolatility_lbl">The total series of volatility.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeriesOfVolatility" xlink:to="bap_SeriesOfVolatility_lbl" xlink:title="label: SeriesOfVolatility to bap_SeriesOfVolatility_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_SeriesOfVolatility_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_SeriesOfVolatility_lbl1" xml:lang="en-US" id="bap_SeriesOfVolatility_lbl1">Series of volatility</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeriesOfVolatility" xlink:to="bap_SeriesOfVolatility_lbl1" xlink:title="label: SeriesOfVolatility to bap_SeriesOfVolatility_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_SeriesOfVolatility" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_SeriesOfVolatility" xml:lang="en-US" id="bap_SeriesOfVolatility">Series of volatility</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="SeriesOfVolatility" xlink:to="bap_SeriesOfVolatility" xlink:title="label: SeriesOfVolatility to bap_SeriesOfVolatility" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_VolatilityRiskMember" xlink:label="VolatilityRiskMember" xlink:title="VolatilityRiskMember" />
    <link:label xlink:type="resource" xlink:label="bap_VolatilityRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_VolatilityRiskMember_lbl" xml:lang="en-US" id="bap_VolatilityRiskMember_lbl">This member stands for volatility risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VolatilityRiskMember" xlink:to="bap_VolatilityRiskMember_lbl" xlink:title="label: VolatilityRiskMember to bap_VolatilityRiskMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_VolatilityRiskMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_VolatilityRiskMember_lbl1" xml:lang="en-US" id="bap_VolatilityRiskMember_lbl1">Volatility risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VolatilityRiskMember" xlink:to="bap_VolatilityRiskMember_lbl1" xlink:title="label: VolatilityRiskMember to bap_VolatilityRiskMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_VolatilityRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_VolatilityRiskMember" xml:lang="en-US" id="bap_VolatilityRiskMember">Volatility Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="VolatilityRiskMember" xlink:to="bap_VolatilityRiskMember" xlink:title="label: VolatilityRiskMember to bap_VolatilityRiskMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PriceRiskMember" xlink:label="PriceRiskMember" xlink:title="PriceRiskMember" />
    <link:label xlink:type="resource" xlink:label="bap_PriceRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PriceRiskMember_lbl" xml:lang="en-US" id="bap_PriceRiskMember_lbl">This member stands for price risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PriceRiskMember" xlink:to="bap_PriceRiskMember_lbl" xlink:title="label: PriceRiskMember to bap_PriceRiskMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PriceRiskMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PriceRiskMember_lbl1" xml:lang="en-US" id="bap_PriceRiskMember_lbl1">Price risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PriceRiskMember" xlink:to="bap_PriceRiskMember_lbl1" xlink:title="label: PriceRiskMember to bap_PriceRiskMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PriceRiskMember" xml:lang="en-US" id="bap_PriceRiskMember">Price Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PriceRiskMember" xlink:to="bap_PriceRiskMember" xlink:title="label: PriceRiskMember to bap_PriceRiskMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfDayUsedToCalculateValueAtRisk" xlink:label="NumberOfDayUsedToCalculateValueAtRisk" xlink:title="NumberOfDayUsedToCalculateValueAtRisk" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl" xml:lang="en-US" id="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl">The time horizon used to calculate value at risk, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDayUsedToCalculateValueAtRisk" xlink:to="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl" xlink:title="label: NumberOfDayUsedToCalculateValueAtRisk to bap_NumberOfDayUsedToCalculateValueAtRisk_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl1" xml:lang="en-US" id="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl1">Number of day used to calculate value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDayUsedToCalculateValueAtRisk" xlink:to="bap_NumberOfDayUsedToCalculateValueAtRisk_lbl1" xlink:title="label: NumberOfDayUsedToCalculateValueAtRisk to bap_NumberOfDayUsedToCalculateValueAtRisk_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfDayUsedToCalculateValueAtRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfDayUsedToCalculateValueAtRisk" xml:lang="en-US" id="bap_NumberOfDayUsedToCalculateValueAtRisk">Number of day used to calculate value at risk</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfDayUsedToCalculateValueAtRisk" xlink:to="bap_NumberOfDayUsedToCalculateValueAtRisk" xlink:title="label: NumberOfDayUsedToCalculateValueAtRisk to bap_NumberOfDayUsedToCalculateValueAtRisk" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_NumberOfMutualFundValues" xlink:label="NumberOfMutualFundValues" xlink:title="NumberOfMutualFundValues" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMutualFundValues_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_NumberOfMutualFundValues_lbl" xml:lang="en-US" id="bap_NumberOfMutualFundValues_lbl">The total number of mutual fund values.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMutualFundValues" xlink:to="bap_NumberOfMutualFundValues_lbl" xlink:title="label: NumberOfMutualFundValues to bap_NumberOfMutualFundValues_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMutualFundValues_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_NumberOfMutualFundValues_lbl1" xml:lang="en-US" id="bap_NumberOfMutualFundValues_lbl1">Number of mutual fund values</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMutualFundValues" xlink:to="bap_NumberOfMutualFundValues_lbl1" xlink:title="label: NumberOfMutualFundValues to bap_NumberOfMutualFundValues_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_NumberOfMutualFundValues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_NumberOfMutualFundValues" xml:lang="en-US" id="bap_NumberOfMutualFundValues">Number of mutual fund values</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NumberOfMutualFundValues" xlink:to="bap_NumberOfMutualFundValues" xlink:title="label: NumberOfMutualFundValues to bap_NumberOfMutualFundValues" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ValueAtRiskMaximumLevelOfConfidence" xlink:label="ValueAtRiskMaximumLevelOfConfidence" xlink:title="ValueAtRiskMaximumLevelOfConfidence" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskMaximumLevelOfConfidence_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ValueAtRiskMaximumLevelOfConfidence_lbl" xml:lang="en-US" id="bap_ValueAtRiskMaximumLevelOfConfidence_lbl">The maximum level of confidence of value at risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskMaximumLevelOfConfidence" xlink:to="bap_ValueAtRiskMaximumLevelOfConfidence_lbl" xlink:title="label: ValueAtRiskMaximumLevelOfConfidence to bap_ValueAtRiskMaximumLevelOfConfidence_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskMaximumLevelOfConfidence_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ValueAtRiskMaximumLevelOfConfidence_lbl1" xml:lang="en-US" id="bap_ValueAtRiskMaximumLevelOfConfidence_lbl1">Value at risk, maximum level of confidence</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskMaximumLevelOfConfidence" xlink:to="bap_ValueAtRiskMaximumLevelOfConfidence_lbl1" xlink:title="label: ValueAtRiskMaximumLevelOfConfidence to bap_ValueAtRiskMaximumLevelOfConfidence_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ValueAtRiskMaximumLevelOfConfidence" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ValueAtRiskMaximumLevelOfConfidence" xml:lang="en-US" id="bap_ValueAtRiskMaximumLevelOfConfidence">Maximum level of confidence</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ValueAtRiskMaximumLevelOfConfidence" xlink:to="bap_ValueAtRiskMaximumLevelOfConfidence" xlink:title="label: ValueAtRiskMaximumLevelOfConfidence to bap_ValueAtRiskMaximumLevelOfConfidence" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:label="PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:title="PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl" xml:lang="en-US" id="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl">The period to measure the amount of liquid assets available to meet cash outflows needs, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:to="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl" xlink:title="label: PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds to bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl1" xml:lang="en-US" id="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl1">Period to measure the amount of liquid assets available to meet cash outflows needs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:to="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl1" xlink:title="label: PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds to bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xml:lang="en-US" id="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds">Period to measure the amount of liquid assets available to meet cash outflows needs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:to="bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" xlink:title="label: PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds to bap_PeriodToMeasureTheAmountOfLiquidAssetsAvailableToMeetCashOutflowsNeeds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:label="PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:title="PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl" xml:lang="en-US" id="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl">The percentage of core limits of these indicators, and any excess is presented in the Credicorp Treasury Risk Committee, Credicorp Risk Committee and the Assets Liabilities Committee (ALCO) of the respective subsidiary.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:to="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl" xlink:title="label: PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee to bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl1" xml:lang="en-US" id="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl1">Percentage of core limits of indicators for any excess presented in treasury risk committee</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:to="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl1" xlink:title="label: PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee to bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xml:lang="en-US" id="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee">Percentage of core limits of indicators for any excess presented in treasury risk committee</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:to="bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" xlink:title="label: PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee to bap_PercentageOfCoreLimitsOfIndicatorsForAnyExcessPresentedInTreasuryRiskCommittee" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable" xlink:label="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable" xlink:title="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable_lbl1">Disclosure of detailed information about cash flows associated with the remaining contractual maturities [Table]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable" xlink:to="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable to bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesTable_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_BondsAndNotesMember" xlink:label="BondsAndNotesMember" xlink:title="BondsAndNotesMember" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_BondsAndNotesMember_lbl" xml:lang="en-US" id="bap_BondsAndNotesMember_lbl">This member stands for bonds and notes.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesMember" xlink:to="bap_BondsAndNotesMember_lbl" xlink:title="label: BondsAndNotesMember to bap_BondsAndNotesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_BondsAndNotesMember_lbl1" xml:lang="en-US" id="bap_BondsAndNotesMember_lbl1">Bonds and notes [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesMember" xlink:to="bap_BondsAndNotesMember_lbl1" xlink:title="label: BondsAndNotesMember to bap_BondsAndNotesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_BondsAndNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_BondsAndNotesMember" xml:lang="en-US" id="bap_BondsAndNotesMember">Bonds and Notes Issued [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="BondsAndNotesMember" xlink:to="bap_BondsAndNotesMember" xlink:title="label: BondsAndNotesMember to bap_BondsAndNotesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems" xlink:label="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems" xlink:title="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems" />
    <link:label xlink:type="resource" xlink:label="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems_lbl1" xml:lang="en-US" id="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems_lbl1">Disclosure of detailed information about cash flows associated with the remaining contractual maturities [Line Items]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems" xlink:to="bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems_lbl1" xlink:title="label: DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems to bap_DisclosureOfDetailedInformationAboutCashFlowsAssociatedWithRemainingContractualMaturitiesLineItems_lbl1" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:label="CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:title="CashFlowsPayableByRemainingContractualMaturitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract_lbl1" xml:lang="en-US" id="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract_lbl1">Cash Flows Payable By Remaining Contractual Maturities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:to="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract_lbl1" xlink:title="label: CashFlowsPayableByRemainingContractualMaturitiesAbstract to bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract" xml:lang="en-US" id="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract">Cash Flows Payable by Remaining Contractual Maturities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:to="bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract" xlink:title="label: CashFlowsPayableByRemainingContractualMaturitiesAbstract to bap_CashFlowsPayableByRemainingContractualMaturitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:label="CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:title="CategoriesOfDerivativeFinancialLiabilitiesAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract_lbl1" xml:lang="en-US" id="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract_lbl1">Categories of derivative financial liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:to="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract_lbl1" xlink:title="label: CategoriesOfDerivativeFinancialLiabilitiesAbstract to bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract" xml:lang="en-US" id="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract">Derivative financial liabilities [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:to="bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract" xlink:title="label: CategoriesOfDerivativeFinancialLiabilitiesAbstract to bap_CategoriesOfDerivativeFinancialLiabilitiesAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:label="DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:title="DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl">The amount of contractual undiscounted cash inflows (outflows) in relation to derivative financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl1" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl1">Derivative financial liabilities undiscounted cash inflows outflows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl1" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows">Total liabilities</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflowsOutflows" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:label="DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:title="DerivativeFinancialLiabilitiesUndiscountedCashInflows" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl">The amount of contractual undiscounted cash inflows in relation to derivative financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl1" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl1">Derivative financial liabilities undiscounted cash inflows</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl1" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:title="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows" xml:lang="en-US" id="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows">Contractual amounts receivable (Inflows)</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:to="bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows" xlink:title="label: DerivativeFinancialLiabilitiesUndiscountedCashInflows to bap_DerivativeFinancialLiabilitiesUndiscountedCashInflows" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_OtherFinancialLiabilitiesMember" xlink:label="OtherFinancialLiabilitiesMember" xlink:title="OtherFinancialLiabilitiesMember" />
    <link:label xlink:type="resource" xlink:label="bap_OtherFinancialLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_OtherFinancialLiabilitiesMember_lbl" xml:lang="en-US" id="bap_OtherFinancialLiabilitiesMember_lbl">This member starts for other financial liabilities.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilitiesMember" xlink:to="bap_OtherFinancialLiabilitiesMember_lbl" xlink:title="label: OtherFinancialLiabilitiesMember to bap_OtherFinancialLiabilitiesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_OtherFinancialLiabilitiesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_OtherFinancialLiabilitiesMember_lbl1" xml:lang="en-US" id="bap_OtherFinancialLiabilitiesMember_lbl1">Other financial liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilitiesMember" xlink:to="bap_OtherFinancialLiabilitiesMember_lbl1" xlink:title="label: OtherFinancialLiabilitiesMember to bap_OtherFinancialLiabilitiesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_OtherFinancialLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_OtherFinancialLiabilitiesMember" xml:lang="en-US" id="bap_OtherFinancialLiabilitiesMember">Other Liabilities [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherFinancialLiabilitiesMember" xlink:to="bap_OtherFinancialLiabilitiesMember" xlink:title="label: OtherFinancialLiabilitiesMember to bap_OtherFinancialLiabilitiesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:label="ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:title="ReversePurchaseAgreementsAndSecurityLendingsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl" xml:lang="en-US" id="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl">This member stands for Payables from reverse purchase agreements and security lending's and due to banks and correspondents.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl" xlink:title="label: ReversePurchaseAgreementsAndSecurityLendingsMember to bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl1" xml:lang="en-US" id="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl1">Reverse purchase agreements and security lendings [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl1" xlink:title="label: ReversePurchaseAgreementsAndSecurityLendingsMember to bap_ReversePurchaseAgreementsAndSecurityLendingsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ReversePurchaseAgreementsAndSecurityLendingsMember" xml:lang="en-US" id="bap_ReversePurchaseAgreementsAndSecurityLendingsMember">Payables from Reverse Purchase Agreements and Security Lendings and due to Banks and Correspondents [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:to="bap_ReversePurchaseAgreementsAndSecurityLendingsMember" xlink:title="label: ReversePurchaseAgreementsAndSecurityLendingsMember to bap_ReversePurchaseAgreementsAndSecurityLendingsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:label="ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:title="ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract_lbl1" xml:lang="en-US" id="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract_lbl1">Provision Of Credit Loss For Direct And Indirect Loan [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:to="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract_lbl1" xlink:title="label: ProvisionOfCreditLossForDirectAndIndirectLoanAbstract to bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xml:lang="en-US" id="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract">Provision of Credit Loss for Direct and Indirect Loan [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:to="bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" xlink:title="label: ProvisionOfCreditLossForDirectAndIndirectLoanAbstract to bap_ProvisionOfCreditLossForDirectAndIndirectLoanAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialInstrumentsWithExposureToCreditRiskMember" xlink:label="FinancialInstrumentsWithExposureToCreditRiskMember" xlink:title="FinancialInstrumentsWithExposureToCreditRiskMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl" xml:lang="en-US" id="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl">This member stands for the financial instruments with exposure to credit risk.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsWithExposureToCreditRiskMember" xlink:to="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl" xlink:title="label: FinancialInstrumentsWithExposureToCreditRiskMember to bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl1" xml:lang="en-US" id="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl1">Financial instruments with exposure to credit risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsWithExposureToCreditRiskMember" xlink:to="bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl1" xlink:title="label: FinancialInstrumentsWithExposureToCreditRiskMember to bap_FinancialInstrumentsWithExposureToCreditRiskMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialInstrumentsWithExposureToCreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialInstrumentsWithExposureToCreditRiskMember" xml:lang="en-US" id="bap_FinancialInstrumentsWithExposureToCreditRiskMember">Financial Instruments with Exposure to Credit Risk [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialInstrumentsWithExposureToCreditRiskMember" xlink:to="bap_FinancialInstrumentsWithExposureToCreditRiskMember" xlink:title="label: FinancialInstrumentsWithExposureToCreditRiskMember to bap_FinancialInstrumentsWithExposureToCreditRiskMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_GovernmentAndPublicAdministrationMember" xlink:label="GovernmentAndPublicAdministrationMember" xlink:title="GovernmentAndPublicAdministrationMember" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentAndPublicAdministrationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_GovernmentAndPublicAdministrationMember_lbl" xml:lang="en-US" id="bap_GovernmentAndPublicAdministrationMember_lbl">This member stands for government and pubic administration.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentAndPublicAdministrationMember" xlink:to="bap_GovernmentAndPublicAdministrationMember_lbl" xlink:title="label: GovernmentAndPublicAdministrationMember to bap_GovernmentAndPublicAdministrationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentAndPublicAdministrationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_GovernmentAndPublicAdministrationMember_lbl1" xml:lang="en-US" id="bap_GovernmentAndPublicAdministrationMember_lbl1">Government And Public Administration [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentAndPublicAdministrationMember" xlink:to="bap_GovernmentAndPublicAdministrationMember_lbl1" xlink:title="label: GovernmentAndPublicAdministrationMember to bap_GovernmentAndPublicAdministrationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_GovernmentAndPublicAdministrationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_GovernmentAndPublicAdministrationMember" xml:lang="en-US" id="bap_GovernmentAndPublicAdministrationMember">Government and Public Administration [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="GovernmentAndPublicAdministrationMember" xlink:to="bap_GovernmentAndPublicAdministrationMember" xlink:title="label: GovernmentAndPublicAdministrationMember to bap_GovernmentAndPublicAdministrationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FishingMember" xlink:label="FishingMember" xlink:title="FishingMember" />
    <link:label xlink:type="resource" xlink:label="bap_FishingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FishingMember_lbl" xml:lang="en-US" id="bap_FishingMember_lbl">This member stands for fishing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FishingMember" xlink:to="bap_FishingMember_lbl" xlink:title="label: FishingMember to bap_FishingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FishingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FishingMember_lbl1" xml:lang="en-US" id="bap_FishingMember_lbl1">Fishing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FishingMember" xlink:to="bap_FishingMember_lbl1" xlink:title="label: FishingMember to bap_FishingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FishingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FishingMember" xml:lang="en-US" id="bap_FishingMember">Fishing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FishingMember" xlink:to="bap_FishingMember" xlink:title="label: FishingMember to bap_FishingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ElectricityGasAndWaterMember" xlink:label="ElectricityGasAndWaterMember" xlink:title="ElectricityGasAndWaterMember" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityGasAndWaterMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ElectricityGasAndWaterMember_lbl" xml:lang="en-US" id="bap_ElectricityGasAndWaterMember_lbl">This member stands for electricity, gas and water.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityGasAndWaterMember" xlink:to="bap_ElectricityGasAndWaterMember_lbl" xlink:title="label: ElectricityGasAndWaterMember to bap_ElectricityGasAndWaterMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityGasAndWaterMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ElectricityGasAndWaterMember_lbl1" xml:lang="en-US" id="bap_ElectricityGasAndWaterMember_lbl1">Electricity Gas And Water [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityGasAndWaterMember" xlink:to="bap_ElectricityGasAndWaterMember_lbl1" xlink:title="label: ElectricityGasAndWaterMember to bap_ElectricityGasAndWaterMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ElectricityGasAndWaterMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ElectricityGasAndWaterMember" xml:lang="en-US" id="bap_ElectricityGasAndWaterMember">Electricity, Gas and Water [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ElectricityGasAndWaterMember" xlink:to="bap_ElectricityGasAndWaterMember" xlink:title="label: ElectricityGasAndWaterMember to bap_ElectricityGasAndWaterMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_HotelsAndRestaurantsMember" xlink:label="HotelsAndRestaurantsMember" xlink:title="HotelsAndRestaurantsMember" />
    <link:label xlink:type="resource" xlink:label="bap_HotelsAndRestaurantsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_HotelsAndRestaurantsMember_lbl" xml:lang="en-US" id="bap_HotelsAndRestaurantsMember_lbl">This member stands for hotels and restaurants.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HotelsAndRestaurantsMember" xlink:to="bap_HotelsAndRestaurantsMember_lbl" xlink:title="label: HotelsAndRestaurantsMember to bap_HotelsAndRestaurantsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_HotelsAndRestaurantsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_HotelsAndRestaurantsMember_lbl1" xml:lang="en-US" id="bap_HotelsAndRestaurantsMember_lbl1">Hotels And Restaurants [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HotelsAndRestaurantsMember" xlink:to="bap_HotelsAndRestaurantsMember_lbl1" xlink:title="label: HotelsAndRestaurantsMember to bap_HotelsAndRestaurantsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_HotelsAndRestaurantsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_HotelsAndRestaurantsMember" xml:lang="en-US" id="bap_HotelsAndRestaurantsMember">Hotels and Restaurants [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="HotelsAndRestaurantsMember" xlink:to="bap_HotelsAndRestaurantsMember" xlink:title="label: HotelsAndRestaurantsMember to bap_HotelsAndRestaurantsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ManufacturingMember" xlink:label="ManufacturingMember" xlink:title="ManufacturingMember" />
    <link:label xlink:type="resource" xlink:label="bap_ManufacturingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ManufacturingMember_lbl" xml:lang="en-US" id="bap_ManufacturingMember_lbl">This member stands for manufacturing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManufacturingMember" xlink:to="bap_ManufacturingMember_lbl" xlink:title="label: ManufacturingMember to bap_ManufacturingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ManufacturingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ManufacturingMember_lbl1" xml:lang="en-US" id="bap_ManufacturingMember_lbl1">Manufacturing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManufacturingMember" xlink:to="bap_ManufacturingMember_lbl1" xlink:title="label: ManufacturingMember to bap_ManufacturingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ManufacturingMember" xml:lang="en-US" id="bap_ManufacturingMember">Manufacturing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ManufacturingMember" xlink:to="bap_ManufacturingMember" xlink:title="label: ManufacturingMember to bap_ManufacturingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ConstructionsMember" xlink:label="ConstructionsMember" xlink:title="ConstructionsMember" />
    <link:label xlink:type="resource" xlink:label="bap_ConstructionsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ConstructionsMember_lbl" xml:lang="en-US" id="bap_ConstructionsMember_lbl">This member stands for construction.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionsMember" xlink:to="bap_ConstructionsMember_lbl" xlink:title="label: ConstructionsMember to bap_ConstructionsMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ConstructionsMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ConstructionsMember_lbl1" xml:lang="en-US" id="bap_ConstructionsMember_lbl1">Constructions [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionsMember" xlink:to="bap_ConstructionsMember_lbl1" xlink:title="label: ConstructionsMember to bap_ConstructionsMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ConstructionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ConstructionsMember" xml:lang="en-US" id="bap_ConstructionsMember">Construction [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ConstructionsMember" xlink:to="bap_ConstructionsMember" xlink:title="label: ConstructionsMember to bap_ConstructionsMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_FinancialServicesMember" xlink:label="FinancialServicesMember" xlink:title="FinancialServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_FinancialServicesMember_lbl" xml:lang="en-US" id="bap_FinancialServicesMember_lbl">This member stands for financial services</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialServicesMember" xlink:to="bap_FinancialServicesMember_lbl" xlink:title="label: FinancialServicesMember to bap_FinancialServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_FinancialServicesMember_lbl1" xml:lang="en-US" id="bap_FinancialServicesMember_lbl1">Financial Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialServicesMember" xlink:to="bap_FinancialServicesMember_lbl1" xlink:title="label: FinancialServicesMember to bap_FinancialServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_FinancialServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_FinancialServicesMember" xml:lang="en-US" id="bap_FinancialServicesMember">Financial Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="FinancialServicesMember" xlink:to="bap_FinancialServicesMember" xlink:title="label: FinancialServicesMember to bap_FinancialServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommerceMember" xlink:label="CommerceMember" xlink:title="CommerceMember" />
    <link:label xlink:type="resource" xlink:label="bap_CommerceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommerceMember_lbl" xml:lang="en-US" id="bap_CommerceMember_lbl">This member stands for commerce.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerceMember" xlink:to="bap_CommerceMember_lbl" xlink:title="label: CommerceMember to bap_CommerceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommerceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommerceMember_lbl1" xml:lang="en-US" id="bap_CommerceMember_lbl1">Commerce [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerceMember" xlink:to="bap_CommerceMember_lbl1" xlink:title="label: CommerceMember to bap_CommerceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommerceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommerceMember" xml:lang="en-US" id="bap_CommerceMember">Commerce [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommerceMember" xlink:to="bap_CommerceMember" xlink:title="label: CommerceMember to bap_CommerceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MortgageLoansMember" xlink:label="MortgageLoansMember" xlink:title="MortgageLoansMember" />
    <link:label xlink:type="resource" xlink:label="bap_MortgageLoansMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MortgageLoansMember_lbl" xml:lang="en-US" id="bap_MortgageLoansMember_lbl">This member stands for a mortgage loans.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageLoansMember" xlink:to="bap_MortgageLoansMember_lbl" xlink:title="label: MortgageLoansMember to bap_MortgageLoansMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MortgageLoansMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MortgageLoansMember_lbl1" xml:lang="en-US" id="bap_MortgageLoansMember_lbl1">Mortgage Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageLoansMember" xlink:to="bap_MortgageLoansMember_lbl1" xlink:title="label: MortgageLoansMember to bap_MortgageLoansMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MortgageLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MortgageLoansMember" xml:lang="en-US" id="bap_MortgageLoansMember">Mortgage Loans [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MortgageLoansMember" xlink:to="bap_MortgageLoansMember" xlink:title="label: MortgageLoansMember to bap_MortgageLoansMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommunicationsStorageAndTransportationMember" xlink:label="CommunicationsStorageAndTransportationMember" xlink:title="CommunicationsStorageAndTransportationMember" />
    <link:label xlink:type="resource" xlink:label="bap_CommunicationsStorageAndTransportationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommunicationsStorageAndTransportationMember_lbl" xml:lang="en-US" id="bap_CommunicationsStorageAndTransportationMember_lbl">This member stands for Communications, storage and transportation.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunicationsStorageAndTransportationMember" xlink:to="bap_CommunicationsStorageAndTransportationMember_lbl" xlink:title="label: CommunicationsStorageAndTransportationMember to bap_CommunicationsStorageAndTransportationMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommunicationsStorageAndTransportationMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommunicationsStorageAndTransportationMember_lbl1" xml:lang="en-US" id="bap_CommunicationsStorageAndTransportationMember_lbl1">Communications Storage And Transportation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunicationsStorageAndTransportationMember" xlink:to="bap_CommunicationsStorageAndTransportationMember_lbl1" xlink:title="label: CommunicationsStorageAndTransportationMember to bap_CommunicationsStorageAndTransportationMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommunicationsStorageAndTransportationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommunicationsStorageAndTransportationMember" xml:lang="en-US" id="bap_CommunicationsStorageAndTransportationMember">Communications, Storage and Transportation [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunicationsStorageAndTransportationMember" xlink:to="bap_CommunicationsStorageAndTransportationMember" xlink:title="label: CommunicationsStorageAndTransportationMember to bap_CommunicationsStorageAndTransportationMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_EducationHealthAndOtherServicesMember" xlink:label="EducationHealthAndOtherServicesMember" xlink:title="EducationHealthAndOtherServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_EducationHealthAndOtherServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_EducationHealthAndOtherServicesMember_lbl" xml:lang="en-US" id="bap_EducationHealthAndOtherServicesMember_lbl">This member stands for education, health and other services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EducationHealthAndOtherServicesMember" xlink:to="bap_EducationHealthAndOtherServicesMember_lbl" xlink:title="label: EducationHealthAndOtherServicesMember to bap_EducationHealthAndOtherServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_EducationHealthAndOtherServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_EducationHealthAndOtherServicesMember_lbl1" xml:lang="en-US" id="bap_EducationHealthAndOtherServicesMember_lbl1">Education Health And Other Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EducationHealthAndOtherServicesMember" xlink:to="bap_EducationHealthAndOtherServicesMember_lbl1" xlink:title="label: EducationHealthAndOtherServicesMember to bap_EducationHealthAndOtherServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_EducationHealthAndOtherServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_EducationHealthAndOtherServicesMember" xml:lang="en-US" id="bap_EducationHealthAndOtherServicesMember">Education, Health and Other Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EducationHealthAndOtherServicesMember" xlink:to="bap_EducationHealthAndOtherServicesMember" xlink:title="label: EducationHealthAndOtherServicesMember to bap_EducationHealthAndOtherServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_CommunityServicesMember" xlink:label="CommunityServicesMember" xlink:title="CommunityServicesMember" />
    <link:label xlink:type="resource" xlink:label="bap_CommunityServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_CommunityServicesMember_lbl" xml:lang="en-US" id="bap_CommunityServicesMember_lbl">This member stands for community services.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunityServicesMember" xlink:to="bap_CommunityServicesMember_lbl" xlink:title="label: CommunityServicesMember to bap_CommunityServicesMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_CommunityServicesMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_CommunityServicesMember_lbl1" xml:lang="en-US" id="bap_CommunityServicesMember_lbl1">Community Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunityServicesMember" xlink:to="bap_CommunityServicesMember_lbl1" xlink:title="label: CommunityServicesMember to bap_CommunityServicesMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_CommunityServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_CommunityServicesMember" xml:lang="en-US" id="bap_CommunityServicesMember">Community Services [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommunityServicesMember" xlink:to="bap_CommunityServicesMember" xlink:title="label: CommunityServicesMember to bap_CommunityServicesMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_RealEstateAndLeasingMember" xlink:label="RealEstateAndLeasingMember" xlink:title="RealEstateAndLeasingMember" />
    <link:label xlink:type="resource" xlink:label="bap_RealEstateAndLeasingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_RealEstateAndLeasingMember_lbl" xml:lang="en-US" id="bap_RealEstateAndLeasingMember_lbl">This member stands for Real estate and leasing.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstateAndLeasingMember" xlink:to="bap_RealEstateAndLeasingMember_lbl" xlink:title="label: RealEstateAndLeasingMember to bap_RealEstateAndLeasingMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_RealEstateAndLeasingMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_RealEstateAndLeasingMember_lbl1" xml:lang="en-US" id="bap_RealEstateAndLeasingMember_lbl1">Real Estate And Leasing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstateAndLeasingMember" xlink:to="bap_RealEstateAndLeasingMember_lbl1" xlink:title="label: RealEstateAndLeasingMember to bap_RealEstateAndLeasingMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_RealEstateAndLeasingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_RealEstateAndLeasingMember" xml:lang="en-US" id="bap_RealEstateAndLeasingMember">Real Estate and Leasing [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RealEstateAndLeasingMember" xlink:to="bap_RealEstateAndLeasingMember" xlink:title="label: RealEstateAndLeasingMember to bap_RealEstateAndLeasingMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AgricultureMember" xlink:label="AgricultureMember" xlink:title="AgricultureMember" />
    <link:label xlink:type="resource" xlink:label="bap_AgricultureMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_AgricultureMember_lbl" xml:lang="en-US" id="bap_AgricultureMember_lbl">This member stands for agriculture.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AgricultureMember" xlink:to="bap_AgricultureMember_lbl" xlink:title="label: AgricultureMember to bap_AgricultureMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_AgricultureMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AgricultureMember_lbl1" xml:lang="en-US" id="bap_AgricultureMember_lbl1">Agriculture [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AgricultureMember" xlink:to="bap_AgricultureMember_lbl1" xlink:title="label: AgricultureMember to bap_AgricultureMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AgricultureMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AgricultureMember" xml:lang="en-US" id="bap_AgricultureMember">Agriculture [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AgricultureMember" xlink:to="bap_AgricultureMember" xlink:title="label: AgricultureMember to bap_AgricultureMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_InsuranceMember" xlink:label="InsuranceMember" xlink:title="InsuranceMember" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_InsuranceMember_lbl" xml:lang="en-US" id="bap_InsuranceMember_lbl">This member stands for insurance.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceMember" xlink:to="bap_InsuranceMember_lbl" xlink:title="label: InsuranceMember to bap_InsuranceMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_InsuranceMember_lbl1" xml:lang="en-US" id="bap_InsuranceMember_lbl1">Insurance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceMember" xlink:to="bap_InsuranceMember_lbl1" xlink:title="label: InsuranceMember to bap_InsuranceMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_InsuranceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_InsuranceMember" xml:lang="en-US" id="bap_InsuranceMember">Insurance [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InsuranceMember" xlink:to="bap_InsuranceMember" xlink:title="label: InsuranceMember to bap_InsuranceMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MiningMember" xlink:label="MiningMember" xlink:title="MiningMember" />
    <link:label xlink:type="resource" xlink:label="bap_MiningMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MiningMember_lbl" xml:lang="en-US" id="bap_MiningMember_lbl">This member stands for mining.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiningMember" xlink:to="bap_MiningMember_lbl" xlink:title="label: MiningMember to bap_MiningMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MiningMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MiningMember_lbl1" xml:lang="en-US" id="bap_MiningMember_lbl1">Mining [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiningMember" xlink:to="bap_MiningMember_lbl1" xlink:title="label: MiningMember to bap_MiningMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MiningMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MiningMember" xml:lang="en-US" id="bap_MiningMember">Mining [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MiningMember" xlink:to="bap_MiningMember" xlink:title="label: MiningMember to bap_MiningMember" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_AtFairValueThroughProfitOrLossAbstract" xlink:label="AtFairValueThroughProfitOrLossAbstract" xlink:title="AtFairValueThroughProfitOrLossAbstract" />
    <link:label xlink:type="resource" xlink:label="bap_AtFairValueThroughProfitOrLossAbstract_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_AtFairValueThroughProfitOrLossAbstract_lbl1" xml:lang="en-US" id="bap_AtFairValueThroughProfitOrLossAbstract_lbl1">At fair value through profit or loss [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtFairValueThroughProfitOrLossAbstract" xlink:to="bap_AtFairValueThroughProfitOrLossAbstract_lbl1" xlink:title="label: AtFairValueThroughProfitOrLossAbstract to bap_AtFairValueThroughProfitOrLossAbstract_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_AtFairValueThroughProfitOrLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_AtFairValueThroughProfitOrLossAbstract" xml:lang="en-US" id="bap_AtFairValueThroughProfitOrLossAbstract">At fair value through profit or loss [Abstract]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AtFairValueThroughProfitOrLossAbstract" xlink:to="bap_AtFairValueThroughProfitOrLossAbstract" xlink:title="label: AtFairValueThroughProfitOrLossAbstract to bap_AtFairValueThroughProfitOrLossAbstract" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_MutualFundsInvestmentFundsAndHedgeFunds" xlink:label="MutualFundsInvestmentFundsAndHedgeFunds" xlink:title="MutualFundsInvestmentFundsAndHedgeFunds" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl" xml:lang="en-US" id="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl">The amount of mutual funds, investment funds and hedge funds.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsInvestmentFundsAndHedgeFunds" xlink:to="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl" xlink:title="label: MutualFundsInvestmentFundsAndHedgeFunds to bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl1" xml:lang="en-US" id="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl1">Mutual funds, investment funds and hedge funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsInvestmentFundsAndHedgeFunds" xlink:to="bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl1" xlink:title="label: MutualFundsInvestmentFundsAndHedgeFunds to bap_MutualFundsInvestmentFundsAndHedgeFunds_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_MutualFundsInvestmentFundsAndHedgeFunds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_MutualFundsInvestmentFundsAndHedgeFunds" xml:lang="en-US" id="bap_MutualFundsInvestmentFundsAndHedgeFunds">Mutual funds, investment funds and hedge funds</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MutualFundsInvestmentFundsAndHedgeFunds" xlink:to="bap_MutualFundsInvestmentFundsAndHedgeFunds" xlink:title="label: MutualFundsInvestmentFundsAndHedgeFunds to bap_MutualFundsInvestmentFundsAndHedgeFunds" />
    <link:loc xlink:type="locator" xlink:href="bap-20231231.xsd#bap_ChileanPesosMember" xlink:label="ChileanPesosMember" xlink:title="ChileanPesosMember" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanPesosMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="bap_ChileanPesosMember_lbl" xml:lang="en-US" id="bap_ChileanPesosMember_lbl">This member stands for Colombian Pesos.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanPesosMember" xlink:to="bap_ChileanPesosMember_lbl" xlink:title="label: ChileanPesosMember to bap_ChileanPesosMember_lbl" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanPesosMember_lbl1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="bap_ChileanPesosMember_lbl1" xml:lang="en-US" id="bap_ChileanPesosMember_lbl1">Chilean Pesos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanPesosMember" xlink:to="bap_ChileanPesosMember_lbl1" xlink:title="label: ChileanPesosMember to bap_ChileanPesosMember_lbl1" />
    <link:label xlink:type="resource" xlink:label="bap_ChileanPesosMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:title="bap_ChileanPesosMember" xml:lang="en-US" id="bap_ChileanPesosMember">Chilean Pesos [Member]</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChileanPesosMember" xlink:to="bap_ChileanPesosMember" xlink:title="label: ChileanPesosMember to bap_ChileanPesosMember" />
  </link:labelLink>
</link:linkbase>
