Cooperativa de Economia e Crédito Mútuo dos Empregados da Confab

Cooperativa de Economia e Crédito Mútuo dos Empregados da Confab is a mutual credit cooperative (cooperativa de crédito mútuo) in Brazil, specifically established to serve employees of Confab Industrial S.A., a major steel pipe manufacturing company. As a closed-bond credit cooperative, it operates exclusively for the benefit of its members who share the common employment bond with Confab and related companies within the Tenaris group.

This type of financial institution follows the cooperative principles of mutual assistance, democratic governance, and member ownership, providing financial services focused on meeting the economic needs of Confab employees and their families.