The SCBPREF stock is an irredeemable, non-cumulative preference shares issued by Standard Chartered Bank (Ghana) Limited. History of the bank dates back to 1896 when it began operations under the name Bank of British West Africa. In 1970, the bank was incorporated under the Companies Code of Ghana (Act 179) and it became a public company in 1971. On February 16, 2006, Standard Chartered Bank listed its preference shares on the Ghana Stock Exchange.