The 1948 South American Basketball Championship for women , the second South American Basketball Championship for women , was held between May 14 and 30, 1948 in Buenos Aires , Argentina , which hosted the championship for the first time. The winner was the host , who won their first South American women's championship unbeaten. For the first time a team from Peru took part in the tournament.
The game was played in the form of a round-robin tournament with three teams. Each team played against each other exactly twice (back and forth leg), so that each team played four games (a total of six games were played). There were two points for each win and one point for a defeat. The team with the most points was the women's basketball South American champion in 1948. In the event of a tie, the direct comparison decided .