(LETTERHEAD OF KPMG PEAT MARWICK APPEARS HERE)                  
                                                                   EXHIBIT 23.31


                             TAX ADVISORS' CONSENT
                             ---------------------


Board of Directors
Asheville Savings Bank, S.S.B.

Board of Directors
BB&T Financial Corporation

We consent to the inclusion of our tax opinion dated January 31, 1994 regarding
the federal and North Carolina income tax consequences of the Conversion and the
Acquisition, in Exhibit No. 8.5 of Post-Effective Amendment No. 3 to the Form
S-3 Registration Statement to be filed with the Securities and Exchange
Commission, and the references to our firm under the headings "SUMMARY - Certain
Federal Income Tax Consequences", "THE OFFERINGS - Certain Federal Income Tax
Consequences" and "Opinions" in the Prospectus/Proxy Statement.



                                               KPMG Peat Marwick

Raleigh, North Carolina
January 31, 1994