UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
Under the Securities Exchange Act of 1934

 
CREDIT SUISSE GROUP AG
(Name of Issuer)

 
Shares par value CHF 0.04 per share
(Title of Class of Securities)

 
225401108
(CUSIP Number)

 
October 22, 20081
(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
o
Rule 13d-1(b)
x
Rule 13d-1(c)
o
Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 
1 Upon a recent review of  investment holdings, Olayan International Limited and the other reporting persons discovered that as a result of clerical error, they had failed to file a Schedule 13G with respect to the investment in the Issuer that caused them to beneficially own more than 5% of the Shares. This Schedule 13G is being filed to correct that oversight. All share numbers reflected as beneficially owned by the reporting persons in this Schedule 13G are as of November 26, 2013, and percentage ownership is based on 1,592,401,065 Shares issued and outstanding as of September 30, 2013, as reflected in the Credit Suisse Financial Report 3Q13 filed as Exhibit 99.1 to Form 6-K filed on October 31, 2013.
 
 
 
 
 
 
 
 
             
CUSIP No. 225401108
 SCHEDULE 13G
  
         
1
NAME OF REPORTING PERSON
                        
Olayan International Limited
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
British Virgin Islands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
88,475,200
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
88,475,200
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
88,475,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.6%
12
TYPE OF REPORTING PERSON (See Instructions)
 
FI
 
            
 
Page 2 of 11 pages
 
                 
CUSIP No. 225401108
 SCHEDULE 13G
  
         
1
NAME OF REPORTING PERSONS
                 
Olayan Investments Company Establishment
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Liechtenstein
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
88,475,200
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
88,475,200
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
88,475,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.6%
12
TYPE OF REPORTING PERSON (See Instructions)
 
FI
 
 
 
Page 3 of 11 pages
 
               
CUSIP No. 225401108
 SCHEDULE 13G
 
         
1
NAME OF REPORTING PERSONS
                 
Competrol Establishment
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Liechtenstein
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
88,475,200
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
88,475,200
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
88,475,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.6%
12
TYPE OF REPORTING PERSON (See Instructions)
 
FI
 
 
 
Page 4 of 11 pages
 
                
CUSIP No. 225401108
 SCHEDULE 13G
 
         
1
NAME OF REPORTING PERSONS
                           
Competrol Luxembourg S.a.r.l.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
88,475,200
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
88,475,200
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
88,475,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.6%
12
TYPE OF REPORTING PERSON (See Instructions)
 
FI
 
 
 
Page 5 of 11 pages
 
                 
CUSIP No. 225401108
 SCHEDULE 13G
 
         
1
NAME OF REPORTING PERSONS
                          
Crescent Holding GmbH
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o
(b) o
 
 
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Austria
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
88,475,200
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
88,475,200
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
88,475,200
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.6%
12
TYPE OF REPORTING PERSON (See Instructions)
 
FI
 
 
 
Page 6 of 11 pages
 
                      
Item 1.
(a) Name of Issuer and (b) Address of Issuer’s Principal Executive Offices
 
(a)
Credit Suisse Group AG
 
(b)
Paradeplatz 8
 
P.O. Box 1
 
CH 8070 Zurich, Switzerland
 
Item 2.
(a) Name of Persons Filing, (b) Address of Principal Business Office or Residence, (c) Citizenship, (d) Title of Class of Securities and (e) CUSIP Number
 
(a)
(1)
Olayan International Limited (“OIL”)
 
 
(2)
Olayan Investments Company Establishment (“OICE”)
 
 
(3)
Competrol Establishment (“Competrol Establishment”)
 
 
(4)
Competrol Luxembourg S.a.r.l. (“Competrol Lux”)
 
 
(5)
Crescent Holding GmbH (“Crescent” and, together with OIL, OICE, Competrol Lux and Competrol Establishment,  the “Reporting Persons”)
 
(b)
(1)
c/o 111 Poseidonos Ave., Glyfada
 
Athens, Greece 166 10
 
 
(2)
c/o 111 Poseidonos Ave., Glyfada
 
Athens, Greece 166 10
 
 
(3)
c/o 111 Poseidonos Ave., Glyfada
 
Athens, Greece 166 10
 
 
4)
c/o 111 Poseidonos Ave., Glyfada
 
Athens, Greece 166 10
 
 
(5)
c/o 111 Poseidonos Ave., Glyfada
 
Athens, Greece 166 10
 
(c)
(1)
British Virgin Islands
 
 
(2)
Liechtenstein
 
 
(3)
Liechtenstein
 
 
(4)
Luxembourg
 
 
(5)
Austria
 
(d)
Shares par value CHF 0.04 per share (the “Shares”)
 
(e)
225401108
                 
 
Page 7 of 11 pages
 
              
Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
Not applicable.
 
Item 4.
Ownership.
 
(a)                 The responses of the Reporting Persons to Rows (9) through (10) of the cover pages of this Statement are incorporated herein by reference.
 
(b)                 The responses of the Reporting Persons to Row (11) of the cover pages of this Statement are incorporated herein by reference.
 
(c)                 The responses of the Reporting Persons to Rows (5) through (8) of the cover pages of this Statement are incorporated herein by reference.
 
Crescent is a wholly owned subsidiary of Competrol Lux.  Competrol Lux is a wholly owned subsidiary of Competrol Establishment.  Competrol Establishment is a wholly owned subsidiary of OICE.  OIL constitutes the governing body of OICE.
 
Prior to October 22, 2008, the reporting persons beneficially owned 40,000,000 Shares. On October 22, 2008, the reporting persons  purchased CHF 1,250,000,000 of Mandatory Convertible Securities due 2009, convertible at the option of the holder, or by the Issuer upon maturity, into 38,402,457 Shares.
 
On July 17, 2012, Competrol Establishment entered into agreements pursuant to which it purchased CHF 164,000,000 of Mandatory and Contingent Convertible Securities due 2013 (“MACCS”). The holders of the MACCS did not have the right to convert prior to maturity except in circumstances that ultimately were not applicable during the life of the MACCS. On March 29, 2013, the MACCS matured and upon settlement the reporting persons acquired beneficial ownership of an additional 10,072,743 Shares.
 
In addition to the foregoing, as part of a May 2013 cash and stock dividend paid by Credit Suisse in respect of its outstanding Shares, the reporting persons received an additional approximately 2.1 million Shares, which the reporting persons immediately sold.
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
Not applicable.
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
 
No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of Shares beneficially owned by the Reporting Persons.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
 
Not applicable.  Crescent Holding GmbH, one of the Reporting Persons identified in Item 2 of this Statement, is the Reporting Person which acquired legal title to the Shares.
 
Item 8.
Identification and Classification of Member of the Group.
 
Not applicable.
 
Item 9.
Notice of Dissolution of Group.
 
Not applicable.
 
 
Page 8 of 11 pages
 
                  
Item 10.
Certification.
 
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 9 of 11 pages
 
                     
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
Dated:  November 26, 2013
  OLAYAN INTERNATIONAL LIMITED  
         
         
  By: /s/ Aziz D. Syriani    
  Name: Aziz D. Syriani    
  Title: Director    
         
         
  OLAYAN INVESTMENTS COMPANY ESTABLISHMENT  
         
         
  By: /s/ Emile A. Habayeb /s/ Khalil Kachicho   
  Name: Emile A. Habayeb Khalil Kachicho    
  Title: Authorised Signatory Authorised Signatory   
         
         
  COMPETROL ESTABLISHMENT  
         
         
  By: /s/ Emile A. Habayeb /s/ Khalil Kachicho   
  Name: Emile A. Habayeb  Khalil Kachicho   
  Title: Authorised Signatory  Authorised Signatory   
         
         
  COMPETROL LUXEMBOURG S.A.R.L.  
         
         
  By: /s/ Emile A. Habayeb /s/ Tawfiq Awwad   
  Name: Emile A. Habayeb  Tawfiq Awwad   
  Title: Manager  Manager  
         
         
  CRESCENT HOLDING GMBH  
         
         
  By: /s/ Emile A. Habayeb  /s/ Khalil Kachicho   
  Name: Emile A. Habayeb  Khalil Kachicho   
  Title: Managing Director  Managing Director   
         
 

 
 
 
Page 10 of 11 pages
 
                      
EXHIBIT INDEX
 
Exhibit 1: Joint Filing Agreement
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Page 11 of 11 pages