The 1969 South American Basketball Championship , the twenty-third South American Basketball Championship , was held between March 16 and March 26, 1969 in Montevideo , Uruguay , which hosted the championship for the fourth time. The winner was the Uruguayan national team , which won the title for the eighth time.
Each team played against each opponent once, so that each team played six games (a total of 21 games took place). There were two points for each win and one point for a defeat. In the event of a tie, the direct comparison decided. The team with the most points became South American champions in 1969.