Baghdad, Iraq (CNN) -- Two cars driven by suicide bombers exploded in quick succession in western Baghdad on Sunday, killing 29 people and wounding at least 65, the interior ministry said.
The bombs went off in al-Mansour neighborhood, close to a government office that issues national identity cards.
According to Baghdad Operations Command, the cars were loaded with 80 kilograms (176 pounds) of explosives each. Authorities believe the two suicide bombers were targeting the Trade Bank of Iraq, a publicly owned bank that is active in trying to develop Iraq's economy and encourage foreign investment in Iraq.
A wave of violence across the country has left scores dead and wounded in the past few days.
On June 13, insurgents launched a brazen attack on Iraq's central bank that left at least 18 people dead.
Analysts have expressed concern that extremists would take advantage of the current power vacuum to create further instability as politicians continue wrangling to form a government -- more than three months after national elections.
Yousif Bassil and Jomana Karadsheh contributed to this report.