CREDIT SUISSE GROUP FUNDING (GUERNSEY) LIMITED
	Registered Office:	Phone	+44 1481 719088
	Helvetia Court	Fax	+44 1481 724676
	Les Echelons	www.credit-suisse.com
	South Esplanade
	St Peter Port
	Guernsey
	Channel Islands
	GY1 3WF

December 14, 2015

VIA EDGAR

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Attn: Era Anagnosti

Re:Credit Suisse Group Funding (Guernsey) Limited and Credit Suisse Group AG
 Pre-Effective Amendment No. 1 to the Registration Statement on Form F-4 (File No. 333-207696-01)

Dear Ms. Anagnosti:

With respect to the above-referenced amended registration statement (the “Amended Registration Statement”), and pursuant to Rule 461 of Regulation C promulgated under the Securities Act of 1933, as amended, we hereby respectfully request that the Securities and Exchange Commission (the “Commission”) accelerate the effective date of the Amended Registration Statement, so that it is declared effective at 4:00 p.m. (Eastern Time) on December 15, 2015 or as soon as practicable thereafter.

In connection with this request for the acceleration of the effective date of the Amended Registration Statement, Credit Suisse Group Funding (Guernsey) Limited (the “Issuer”) and Credit Suisse Group AG (the “Guarantor” and, together with the Issuer, the “Registrants”) acknowledge that:

(i)should the Commission or the staff, acting pursuant to delegated authority, declare the Amended Registration Statement effective, it does not foreclose the Commission from taking any action with respect to the Amended Registration Statement;

(ii)the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the Amended Registration Statement effective, does not relieve the Registrants from their full responsibility for the adequacy and accuracy of the disclosure in the Amended Registration Statement; and

(iii)the Registrants may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Please contact Michael Volkovitsch of Cleary Gottlieb Steen & Hamilton LLP, counsel to the Registrants, at (212) 225-2190, as soon as the Amended Registration Statement has been declared effective, or if you have any other questions or concerns regarding this matter.

[Signature page to follow]

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Very truly yours,
CREDIT SUISSE GROUP FUNDING (GUERNSEY) LIMITED
By:	/s/ R. RIMANN
	Name: R. Rimann
	Title: Member of the Board of Directors
By:	/s/ G.J. LUXTON
	Name: G.J. Luxton
	Title: Member of the Board of Directors
CREDIT SUISSE GROUP AG
By:	/s/ DAVID WONG
	Name: David Wong
	Title: Authorized Person
By:	/s/ GINA ORLINS
	Name: Gina Orlins
	Title: Authorized Person

cc:Michael Volkovitsch
Cleary Gottlieb Steen & Hamilton LLP

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